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Catalytic Converter Manufacturing - Industry Market Research Report

  • April 2016
  • -
  • Ibisworld
  • -
  • 32 pages

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Revving up sales: Increased auto manufacturing and clean air regulations will boost demand



Abstract

Catalytic Converter Manufacturing

Over the five years to 2016, the Catalytic Converter Manufacturing industry endured the extremely volatile conditions that plagued the entire automotive sector. Since demand for this industry's products is derived largely from original equipment manufacturers (OEMs), the fate of catalytic converter manufacturers correlates highly with the performance of the major automakers. However, a recovering economy created an uptick in demand for new vehicles, ramping up production lines at automotive manufacturing plants and fueling demand for catalytic converters. As a result, catalytic converter manufacturing revenue is expected to decline at a lower than expected annual rate over the period.

This industry manufactures catalytic converters that are used in internal combustion engines. These converters remove toxic exhaust emissions, including carbon monoxide and unburned hydrocarbons, from engine output.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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