市場調查報告書
商品編碼
1438061
觸媒轉換器市場至2030年的預測:按類型、材料、應用和地區分類的全球分析Catalytic Converter Market Forecasts to 2030 - Global Analysis By Type (Two-way Catalytic Converter, Three-way Catalytic Converter and Other Types), Material (Platinum, Palladium, Rhodium and Other Materials), Application and By Geography |
根據 Stratistics MRC 的資料,2023年全球觸媒轉換器市場規模為 154 億美元,預計在預測期內將以 9.0%的年複合成長率成長,到2030年達到 282 億美元。
觸媒轉換器是安裝在內燃機車輛排氣系統中的排放控制設備,用於減少有害污染物向大氣的排放。觸媒轉換器透過將氮氧化物(NOx)、一氧化碳(CO)和碳氫化合物(HC)等有害污染物轉化為氮氣、二氧化碳和水蒸氣等有害物質,減少空氣污染,在減少空氣污染方面發揮著重要作用
汽車產量增加
隨著全球汽車工業的不斷成長,對觸媒轉換器的需求也不斷增加。由於都市化加快、可支配收入增加和人口成長,小客車和商用車的需求持續成長。在此背景下,觸媒轉換器在減輕車輛排放氣體對環境的影響、確保車輛符合強制排放氣體標準方面發揮重要作用。這些因素加速市場需求。
環境考慮
觸媒轉換器的生產和使用包括鉑、鈀、銠等貴金屬的開採和利用。這些貴金屬是催化轉化反應的重要組成部分。開採這些金屬通常會導致環境退化、棲息地破壞和資源枯竭。此外,觸媒轉換器的報廢處理也帶來了環境挑戰,因為處理不當可能會將有害物料輸送釋放到生態系統中。
技術進步
持續的研究和開發重點是提高觸媒轉換器的性能和耐用性。催化材料的創新,例如新塗層和組合物的使用,有助於更有效地將污染物轉化為危害較小的物質。此外,這些技術進步目的是最佳化觸媒轉換器的功能,確保更好的污染物去除效果和更長的使用壽命。因此,技術進步是推動市場成長的關鍵因素。
回收挑戰
觸媒轉換器含有鉑、鈀和銠等貴金屬,這對於其排放氣體能力非常重要。然而,這些金屬的複雜設計和整合使得高效回收成為技術挑戰。觸媒轉換器竊盜案不斷增加,形成了黑市,被盜單位可能無法經過適當的回收程序。因此,回收挑戰威脅著市場的擴張。
COVID-19 的影響
由於汽車產量下降和需求下降,COVID-19 疫情對觸媒轉換器市場產生了重大影響。供應鏈中斷、勞動力限制和經濟不確定性進一步加劇了挑戰。然而,隨著更嚴格的排放法規繼續強調觸媒轉換器在減少內燃機污染物方面的重要性,朝向永續發展和電動車的發展,加上汽車產業的復甦,可能會促進未來的成長。
三元觸媒轉換器領域預計將在預測期內成為最大的領域
三元觸媒轉換器領域在減少內燃機有害排放氣體方面發揮非常重要的作用,據估計佔據最大佔有率。這種先進的排放氣體控制設備專門針對車輛燃燒過程中產生的三種主要污染物:氮氧化物(NOx)、一氧化碳(CO)和碳氫化合物(HC)而設計。此外,世界各地的汽車製造商將 TWC 融入其車輛中,以滿足監管要求並為打造更清潔、更永續的交通生態系統做出貢獻。
小客車領域預計在預測期內年複合成長率最高。
預計小客車領域在預測期內將出現良好成長。小客車,包括轎車、掀背車和 SUV,通常使用觸媒轉換器來減少內燃機對環境的影響。此外,觸媒轉換器有助於減少燃燒過程中產生的氮氧化物、一氧化碳和碳氫化合物等污染物。隨著環保意識的增強和排放法規的日益嚴格,小客車對高效能觸媒轉換器的需求持續成長。
在估計期間,北美佔據了最大的市場佔有率。美國環保署(EPA)等監管機構實施的更嚴格的排放標準推動對先進觸媒轉換器技術的需求。該地區努力減少車輛排放氣體,以應對空氣污染和氣候變化,凸顯了這些排放氣體控制設備的重要性。此外,在北美,人們越來越關注永續實踐和向電動車的轉變,這影響傳統的汽車格局。
由於都市化的加速和環保意識的提高,預計亞太地區在預測期內將出現盈利成長。隨著該地區國家經濟快速成長,汽車持有迅速增加,對觸媒轉換器的需求做出了巨大貢獻。亞太地區各國政府實施嚴格的排放法規,以解決空氣品質問題,迫使汽車製造商採用先進的排放控制技術,進一步推動觸媒轉換器市場。
According to Stratistics MRC, the Global Catalytic Converter Market is accounted for $15.4 billion in 2023 and is expected to reach $28.2 billion by 2030 growing at a CAGR of 9.0% during the forecast period. A catalytic converter is an emissions control device installed in the exhaust system of internal combustion engine vehicles to reduce the emission of harmful pollutants into the atmosphere. Catalytic converters play a vital role in reducing air pollution by converting harmful pollutants, such as nitrogen oxides (NOx), carbon monoxide (CO), and hydrocarbons (HC), into less harmful substances like nitrogen, carbon dioxide, and water vapour.
Rising vehicle production
As the global automotive industry experiences sustained growth, the demand for catalytic converters rises. With expanding urbanization, rising disposable incomes, and an ever-growing population, the demand for both passenger and commercial vehicles continues to escalate. In this context, catalytic converters play a crucial role in mitigating the environmental impact of vehicular emissions and ensuring that vehicles meet mandated emission standards. These factors accelerate market demand.
Environmental concerns
The production and use of catalytic converters involve the extraction and utilization of precious metals, such as platinum, palladium, and rhodium, which are critical components for catalytic conversion reactions. The mining of these metals often results in environmental degradation, habitat destruction, and resource depletion. Additionally, the disposal of catalytic converters at the end of their life cycle poses environmental challenges, as improper handling can release harmful materials into the ecosystem.
Technological advancements
Ongoing research and development efforts focus on enhancing the performance and durability of catalytic converters. Innovations in catalyst materials, such as the use of novel coatings and compositions, contribute to the more effective conversion of pollutants into less harmful substances. Moreover, these technological advancements aim to optimize catalytic converter functionality, ensuring better pollutant removal and a longer lifespan. Therefore, advancements in technology are a significant factor propelling the market growth.
Recycling challenges
Catalytic converters contain precious metals such as platinum, palladium, and rhodium, which are critical for their emission-reducing functionality. However, the intricate design and integration of these metals make efficient recycling a technical challenge. The increasing incidents of catalytic converter theft contribute to a black market where stolen units may not undergo proper recycling procedures. As a result, recycling challenges pose a threat to market expansion.
Covid-19 Impact
The COVID-19 pandemic significantly impacted the catalytic converter market as automotive production declined, leading to reduced demand. Supply chain disruptions, workforce limitations, and economic uncertainties further exacerbated the challenges. However, the push towards sustainable and electric vehicles, coupled with a recovery in the automotive sector, could drive future growth as stricter emission regulations continue to emphasize the importance of catalytic converters in reducing pollutants from internal combustion engines.
The three-way catalytic converter segment is expected to be the largest during the forecast period
The three-way catalytic converter segment is estimated to hold the largest share, playing a pivotal role in reducing harmful emissions from internal combustion engines. This advanced emission control device is specifically designed to address three major pollutants: nitrogen oxides (NOx), carbon monoxide (CO), and hydrocarbons (HC) produced during the combustion process in vehicles. Moreover, automotive manufacturers worldwide incorporate TWCs in their vehicles to meet regulatory requirements and contribute to a cleaner and more sustainable transportation ecosystem.
The passenger car segment is expected to have the highest CAGR during the forecast period
The passenger car segment is anticipated to have lucrative growth during the forecast period. Passenger cars, including sedans, hatchbacks, and SUVs, commonly use catalytic converters to reduce the environmental impact of their internal combustion engines. Additionally, the catalytic converter helps mitigate pollutants like nitrogen oxides, carbon monoxide, and hydrocarbons generated during the combustion process. As environmental awareness grows and emission regulations become more rigorous, the demand for efficient catalytic converters in passenger vehicles continues to rise.
North America commanded the largest market share during the extrapolated period. Stricter emission standards imposed by regulatory bodies such as the Environmental Protection Agency (EPA) drive the demand for advanced catalytic converter technologies. The region's commitment to reducing vehicular emissions to combat air pollution and climate change underscores the significance of these emission control devices. Moreover, North America has witnessed a growing focus on sustainable practices and a shift towards electric vehicles, impacting the traditional automotive landscape.
Asia Pacific is expected to witness profitable growth over the projection period, owing to rising urbanization and increasing environmental awareness. As countries in the region experience rapid economic growth, there is a surge in vehicle ownership, contributing significantly to the demand for catalytic converters. Governments across Asia Pacific are implementing stringent emission standards to address air quality concerns, compelling automakers to adopt advanced emission control technologies, further propelling the catalytic converter market.
Key players in the market
Some of the key players in the Catalytic Converter Market include Basf Se, Umicore Sa, Faurecia Sa, Johnson Matthey Plc, Tenneco Inc, Continental Ag, Cummins Inc, Bosal International N.V, Sango Co. Ltd, Calsonic Kansei Corporation, Magneti Marelli S.p.A and Hanwoo Industrial Co., Ltd.
In August 2023, Cummins Inc. and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, announced a collaboration to leverage complementary positioning in hydrogen, natural gas and other lower carbon fuel value chains.
In January 2023, Johnson Matthey (JM), a global leader in sustainable technologies and Plug Power, a leading provider of turnkey hydrogen solutions for the global green hydrogen economy announced a long-term strategic partnership to accelerate the green hydrogen economy.
In November 2022, Cummins Inc and Tata motors collaborate to offer solutions i hydrogen-powered commercial vehicle space. Under the pact, the two partners will collaborate on the design and development of low and zero-emission propulsion technology solutions for commercial vehicles in India.
In April 2022, Umicore and Automotive Cells Company have signed a long-term strategic supply agreement for EV cathode materials in Europe. Umicore will supply ACC's future large-scale European battery plants with next-generation high nickel cathode materials out of its greenfield production plant in Nysa, Poland.