Dublin, Dec. 10, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/38bfqg/emission_control) has announced the addition of the "Emission Control Catalyst Market by Type, Application, and Geography - Regional Trends & Forecast to 2019" report to their offering.
Emission control catalysts are widely used in automotive industry and have significant applications in marine, power plants, locomotive and other industries. The catalytic converter along with the precious metals as catalysts breakdown the harmful pollutants and release less intensity pollutants into the environment. The catalytic converters used in the automotive industry differ on the basis of diesel engine and petrol-based engines. The diesel engines used in industries also use catalytic technologies.
The emission control catalyst market is anticipated to show significant growth rate in the coming years. The global market demand, by value is estimated to reach around $14.01 billion by 2019. The top players in the emission control catalyst market need to develop advanced catalytic technologies to meet the rising emission standards established by the environmental authorities. Emission control catalyst is a capital-intensive market and thrives upon innovations and optimum utilization of resources.
As discussed the emission control catalysts have been the centerpiece of controlling emissions through advanced catalytic converters across automotive and industrial applications. The precious metal groups that include platinum, palladium and rhodium have been widely used in catalytic converters in the automotive industry. Metals such as vanadium, tungsten and others are used in the industrial processing to maintain the emission standards.
Currently, the market has high level of penetration in developed regions due to early introduction of stringent emission standards. However, Asia-Pacific region is expected to be the most promising market in coming decade due to rapidly growing automotive industry and industrial processing units and introduction of emission standards in developing countries. Emission control catalyst market in developed regions is also expected to register a steady growth rate due to advancement in emission control standards for all major end-user industries of emission control catalyst.
The emission control catalyst offering companies are mainly focused on expansion. The companies follow the expansion strategy rigorously to strengthen their position in the emission control catalyst market. In some cases, companies, such as Clariant AG (Switzerland) and Solvay (Belgium) have acquired a relevant player or facility in the targeted region to expand their market share and to enhance their product portfolio.
The report analyzes the market on the basis of emission control catalyst types, penetration of emission control catalyst in important regions, and application market. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Emission Control Catalyst Market, By Type
8 Emission Control Catalyst Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Aerinox INC.
- Basf Catalysts LLC
- Cataler Corporation
- Clariant International LTD.
- Cormetech INC.
- Corning INCorporated
- Dcl International INC.
- Johnson Matthey PLC
- Solvay Sa
- Umicore Sa
For more information visit http://www.researchandmarkets.com/research/38bfqg/emission_control
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Source:Research and Markets