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Report
Automotive Catalytic Converter Market Report by Product (Two-way Oxidation, Three-way Oxidation-reduction, Diesel Oxidation Catalyst), Material (Platinum, Palladium, Rhodium), Vehicle Type (Passenger Cars, Commercial Vehicles), and Region 2025-2033
Market Report I 2025-03-01 I 140 Pages I IMARC Group
The global automotive catalytic converter market size reached USD 15.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 26.3 Billion by 2033, exhibiting a growth rate (CAGR) of 5.89% during 2025-2033. The rising environmental concerns among the masses, the increasing need for reducing carbon emissions across the globe, and the shifting inclination toward electric vehicles (EVs) and internal combustion engine (ICE) vehicles represent some of the key factors driving the market.
An automotive catalytic converter is a crucial component of a vehicle's exhaust system that plays a significant role in reducing harmful emissions and protecting the environment. It is essentially a specialized device designed to convert toxic gases and pollutants produced by the combustion of fuel into less harmful substances before they are released into the atmosphere. Carbon monoxide (CO), nitrogen oxides (NOx), and unburned hydrocarbons (HC) are the three main pollutants that a catalytic converter is designed to help transform. The catalytic converter consists of a robust outer shell, typically manufactured of stainless steel, to withstand high temperatures and protect the internal components. Inside, there is a honeycomb-like structure composed of a ceramic or metallic substrate coated with precious metals, such as platinum, palladium, and rhodium. These metals act as catalysts to facilitate the chemical reactions that convert harmful gases into less harmful ones. To ensure efficient operation, the catalytic converter requires a specific temperature range for the chemical reactions to occur optimally. This temperature is typically achieved within a few minutes of the engine starting once the converter reaches its operating temperature.
Automotive Catalytic Converter Market Trends:
Significant growth in the automotive sector majorly drives the global market. Coupled with the implementation of strict emission standards by governments across the globe to reduce air pollution and promote environmental sustainability, this is impelling the adoption of catalytic converters as they aid in reducing harmful emissions. Along with this, the rising awareness about environmental pollution, particularly related to air quality, is driving the demand for automotive catalytic converters across the globe. With the growing focus on sustainability, there is an increasing preference for vehicles that have minimal impact on the environment. This is encouraging the deployment of catalytic converters since they help to reduce harmful emissions, making them an essential component in addressing environmental concerns. In addition, the shifting inclination toward electric vehicles (EVs), and internal combustion engine (ICE) vehicles is also positively influencing the market. Additionally, the introduction of fuel cell vehicles, which also use catalytic converters, is another acting as growth-inducing factor. Furthermore, continual advancements in catalyst formulations, substrate materials, and coating technologies to improve the performance and durability of catalytic converters are creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global automotive catalytic converter market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on product, material, and vehicle type.
Product Insights:
- Two-way Oxidation
- Three-way Oxidation-reduction
- Diesel Oxidation Catalyst
The report has provided a detailed breakup and analysis of the automotive catalytic converter market based on the product. This includes two-way oxidation, three-way oxidation-reduction, and diesel oxidation catalyst. According to the report, the three-way oxidation-reduction represented the largest segment.
Material Insights:
- Platinum
- Palladium
- Rhodium
A detailed breakup and analysis of the automotive catalytic converter market based on the material has also been provided in the report. This includes platinum, palladium, and rhodium. According to the report, rhodium accounted for the largest market share.
Vehicle Type Insights:
- Passenger Cars
- Commercial Vehicles
The report has provided a detailed breakup and analysis of the automotive catalytic converter market based on the vehicle type. This includes passenger cars and commercial vehicles. According to the report, the passenger cars represented the largest segment.
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for automotive catalytic converter. Some of the factors driving the Europe automotive catalytic converter market included raising awareness about environmental issues, the emerging trend of sustainability, rapid industrialization, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global automotive catalytic converter market. Also, detailed profiles of all major companies have been provided. Some of the companies covered include BASF SE, BENTELER International Aktiengesellschaft, BOSAL Nederland B.V., European Exhaust & Catalyst Ltd, HJS Emission Technology GmbH & Co. KG, Jetex Exhausts Ltd, Sango Co. Ltd., Tenneco Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global automotive catalytic converter market performed so far, and how will it perform in the coming years ?
- What are the drivers, restraints, and opportunities in the global automotive catalytic converter market ?
- What is the impact of each driver, restraint, and opportunity on the global automotive catalytic converter market ?
- What are the key regional markets ?
- Which countries represent the most attractive automotive catalytic converter market ?
- What is the breakup of the market based on the product ?
- Which is the most attractive product in the automotive catalytic converter market ?
- What is the breakup of the market based on the materia l?
- Which is the most attractive material in the automotive catalytic converter market ?
- What is the breakup of the market based on the vehicle type ?
- Which is the most attractive vehicle type in the automotive catalytic converter market ?
- What is the competitive structure of the global automotive catalytic converter market ?
- Who are the key players/companies in the global automotive catalytic converter market ?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Catalytic Converter Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Two-way Oxidation
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Three-way Oxidation-reduction
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Diesel Oxidation Catalyst
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Material
7.1 Platinum
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Palladium
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Rhodium
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 BENTELER International Aktiengesellschaft
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 BOSAL Nederland B.V.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 European Exhaust & Catalyst Ltd
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 HJS Emission Technology GmbH & Co. KG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Jetex Exhausts Ltd
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Sango Co. Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Tenneco Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 SWOT Analysis
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Automotive Catalytic Converter Market: Major Drivers and Challenges
Figure 2: Global: Automotive Catalytic Converter Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Automotive Catalytic Converter Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Automotive Catalytic Converter Market: Breakup by Product (in %), 2024
Figure 5: Global: Automotive Catalytic Converter Market: Breakup by Material (in %), 2024
Figure 6: Global: Automotive Catalytic Converter Market: Breakup by Vehicle Type (in %), 2024
Figure 7: Global: Automotive Catalytic Converter Market: Breakup by Region (in %), 2024
Figure 8: Global: Automotive Catalytic Converter (Two-way Oxidation) Market: Sales Value (in Million USD), 2019 & 2024
Figure 9: Global: Automotive Catalytic Converter (Two-way Oxidation) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 10: Global: Automotive Catalytic Converter (Three-way Oxidation-reduction) Market: Sales Value (in Million USD), 2019 & 2024
Figure 11: Global: Automotive Catalytic Converter (Three-way Oxidation-reduction) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 12: Global: Automotive Catalytic Converter (Diesel Oxidation Catalyst) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: Automotive Catalytic Converter (Diesel Oxidation Catalyst) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: Automotive Catalytic Converter (Platinum) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: Automotive Catalytic Converter (Platinum) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: Automotive Catalytic Converter (Palladium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: Automotive Catalytic Converter (Palladium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: Automotive Catalytic Converter (Rhodium) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: Automotive Catalytic Converter (Rhodium) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: Automotive Catalytic Converter (Passenger Cars) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: Automotive Catalytic Converter (Passenger Cars) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: Automotive Catalytic Converter (Commercial Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: Automotive Catalytic Converter (Commercial Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: North America: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: North America: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: United States: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: United States: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Canada: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Canada: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Asia-Pacific: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Asia-Pacific: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: China: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: China: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: Japan: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: Japan: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: India: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: India: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: South Korea: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: South Korea: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Australia: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Australia: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Indonesia: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Indonesia: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Others: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Others: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: Europe: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: Europe: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 48: Germany: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 49: Germany: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 50: France: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 51: France: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 52: United Kingdom: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 53: United Kingdom: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 54: Italy: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 55: Italy: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 56: Spain: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 57: Spain: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 58: Russia: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 59: Russia: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 60: Others: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 61: Others: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 62: Latin America: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 63: Latin America: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 64: Brazil: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 65: Brazil: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 66: Mexico: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 67: Mexico: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 68: Others: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 69: Others: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 70: Middle East and Africa: Automotive Catalytic Converter Market: Sales Value (in Million USD), 2019 & 2024
Figure 71: Middle East and Africa: Automotive Catalytic Converter Market: Breakup by Country (in %), 2024
Figure 72: Middle East and Africa: Automotive Catalytic Converter Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Global: Automotive Catalytic Converter Industry: Drivers, Restraints, and Opportunities
Figure 74: Global: Automotive Catalytic Converter Industry: Value Chain Analysis
Figure 75: Global: Automotive Catalytic Converter Industry: Porter's Five Forces Analysis
Table 1: Global: Automotive Catalytic Converter Market: Key Industry Highlights, 2024 & 2033
Table 2: Global: Automotive Catalytic Converter Market Forecast: Breakup by Product (in Million USD), 2025-2033
Table 3: Global: Automotive Catalytic Converter Market Forecast: Breakup by Material (in Million USD), 2025-2033
Table 4: Global: Automotive Catalytic Converter Market Forecast: Breakup by Vehicle Type (in Million USD), 2025-2033
Table 5: Global: Automotive Catalytic Converter Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 6: Global: Automotive Catalytic Converter Market: Competitive Structure
Table 7: Global: Automotive Catalytic Converter Market: Key Players
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