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Report
Automotive Selective Catalytic Reduction (SCR) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 142 Pages I IMARC Group
Market Overview:
The global automotive selective catalytic reduction (SCR) market size reached US$ 8.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Automotive selective catalytic reduction (SCR) is an advanced active emissions control technology system that reduces nitrogen oxide (NOx) tailpipe emissions to near-zero levels in newer generation diesel-powered vehicles and equipment. It relies on diesel exhaust fluid (DEF) to convert nitrogen oxides into nitrogen, water, and tiny amounts of carbon dioxide (CO2). It is highly cost-effective and fuel-efficient, which allows manufacturers to balance engine performance and maximize fuel economy. At present, there is a rise in the production of vehicles, which is catalyzing the demand for automotive selective catalytic reduction (SCR) globally.
Automotive Selective Catalytic Reduction (SCR) Market Trends:
The growing utilization of automotive catalysts systems in emission control devices of automobiles represents one of the key factors driving the market across the globe. Moreover, governments of several countries are implementing stringent regulations on the emission of pollutants from vehicles owing to the combustion of fuels, such as diesel fuel, fuel oil, petrol, gasoline, and biodiesel. As a result, manufacturers are installing automotive SCR systems in vehicles, which is propelling the growth of the market. In addition, there is a considerable increase in the prevalence of respiratory diseases due to the growing air pollution around the world. This, coupled with the rising awareness about the benefits of automotive SCR to reduce emissions, is offering lucrative growth opportunities to industry investors. Besides this, the increasing development of transportation infrastructure worldwide is positively influencing the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to develop three-way catalysts for vehicles that improve fuel efficiency and reduce carbon dioxide (CO2) emission substantially at lower operating temperatures. In line with this, the expanding automobile industry is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive selective catalytic reduction (SCR) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, vehicle type and fuel type.
Breakup by Component:
Urea Tank
Urea Pump
Engine Control Unit (ECU)
Injector
Others
Breakup by Vehicle Type:
Passenger Vehicles
Commercial Vehicles
Breakup by Fuel Type:
Gasoline
Diesel
Breakup by Region:
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, BOSAL, Continental AG, CORMETECH Inc., Faurecia SE, Johnson Matthey, Kautex Textron GmbH & Co. KG (Textron Inc.), Magneti Marelli S.p.A., Plastic Omnium, Robert Bosch GmbH, Rochling SE & Co. KG and Tenneco Inc.
Key Questions Answered in This Report:
What was the size of the global automotive selective catalytic reduction (SCR) market in 2022?
What is the expected growth rate of the global automotive selective catalytic reduction (SCR) market during 2023-2028?
What are the key factors driving the global automotive selective catalytic reduction (SCR) market?
What has been the impact of COVID-19 on the global automotive selective catalytic reduction (SCR) market?
What is the breakup of the global automotive selective catalytic reduction (SCR) market based on the component?
What is the breakup of the global automotive selective catalytic reduction (SCR) market based on the vehicle type?
What is the breakup of the global automotive selective catalytic reduction (SCR) market based on fuel type?
What are the key regions in the global automotive selective catalytic reduction (SCR) market?
Who are the key players/companies in the global automotive selective catalytic reduction (SCR) 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 Selective Catalytic Reduction (SCR) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Urea Tank
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Urea Pump
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Engine Control Unit (ECU)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Injector
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Vehicle Type
7.1 Passenger Vehicles
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Fuel Type
8.1 Gasoline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Diesel
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 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
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 BOSAL
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Continental AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 CORMETECH Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Faurecia SE
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Johnson Matthey
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Kautex Textron GmbH & Co. KG (Textron Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Magneti Marelli S.p.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Plastic Omnium
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Robert Bosch GmbH
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 Rochling SE & Co. KG
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Tenneco Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Figure 1: Global: Automotive Selective Catalytic Reduction Market: Major Drivers and Challenges
Figure 2: Global: Automotive Selective Catalytic Reduction Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Automotive Selective Catalytic Reduction Market: Breakup by Component (in %), 2022
Figure 5: Global: Automotive Selective Catalytic Reduction Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Selective Catalytic Reduction Market: Breakup by Fuel Type (in %), 2022
Figure 7: Global: Automotive Selective Catalytic Reduction Market: Breakup by Region (in %), 2022
Figure 8: Global: Automotive Selective Catalytic Reduction (Urea Tank) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Automotive Selective Catalytic Reduction (Urea Tank) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Automotive Selective Catalytic Reduction (Urea Pump) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Automotive Selective Catalytic Reduction (Urea Pump) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Automotive Selective Catalytic Reduction (Engine Control Unit (ECU)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Automotive Selective Catalytic Reduction (Engine Control Unit (ECU)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Automotive Selective Catalytic Reduction (Injector) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Automotive Selective Catalytic Reduction (Injector) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Automotive Selective Catalytic Reduction (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Automotive Selective Catalytic Reduction (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Automotive Selective Catalytic Reduction (Passenger Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Automotive Selective Catalytic Reduction (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Automotive Selective Catalytic Reduction (Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Automotive Selective Catalytic Reduction (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Automotive Selective Catalytic Reduction (Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Automotive Selective Catalytic Reduction (Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Automotive Selective Catalytic Reduction (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Automotive Selective Catalytic Reduction (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Automotive Selective Catalytic Reduction Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Automotive Selective Catalytic Reduction Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Automotive Selective Catalytic Reduction Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Automotive Selective Catalytic Reduction Industry: SWOT Analysis
Figure 76: Global: Automotive Selective Catalytic Reduction Industry: Value Chain Analysis
Figure 77: Global: Automotive Selective Catalytic Reduction Industry: Porter's Five Forces Analysis
Table 1: Global: Automotive Selective Catalytic Reduction Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Selective Catalytic Reduction Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Automotive Selective Catalytic Reduction Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Automotive Selective Catalytic Reduction Market Forecast: Breakup by Fuel Type (in Million US$), 2023-2028
Table 5: Global: Automotive Selective Catalytic Reduction Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Automotive Selective Catalytic Reduction Market: Competitive Structure
Table 7: Global: Automotive Selective Catalytic Reduction Market: Key Players
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