Industrial Catalytic Converters Market Analysis,
Segments, Growth and Value Chain 2017-2027
April 2017
Report Id : REP-GB-3496
Status : Ongoing
Category : Industrial Automation and Equipment
©2015 Future Market Insights, All Rights Reserved
About
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities




Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
Customized Research
Syndicated Research
Investment Research
Social Media Research
Sector Coverage




Automotive and Transportation
Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment




Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
©2015 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
3
Developing list of respondents
4
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
5
6
Data analysis
Insights
7
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection




Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
A
Primary
Research






B
SOLUTION





Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #




Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #




Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#




Factiva
GBI
Genios
Meltwater
# includes sources of databases
©2015 Future Market Insights, All Rights Reserved
3
Industrial Catalytic Converters Market
Industrial catalytic converters are devices used to control the emission of toxic and harmful pollutants
from exhaust gasses by converting them through a redox reaction. A redox reaction consists of either an
oxidation reaction or a reduction reaction. As many countries have stringent norms pertaining to
environmental safety, every industrial exhaust system should contain catalytic converters. Industrial
catalytic converters find application in several industries, such as refinery, steel, and manufacturing,
where the emission of toxic gasses is high. These devices are mainly used to convert harmful exhaust
gasses, such as CO (carbon monoxide), HC (hydrocarbons), and NO (nitrogen oxides), among others into
less toxic and harmful gasses, such as CO2 (carbon dioxide), N2 (nitrogen), and others.
An industrial catalytic converter is made of two columns, ceramic and metallic, and both the columns
have a catalyst coating. The ceramic column provides protection from thermal and vibration shocks, and
the metallic column is directly mounted on the main body. In this device, platinum, rhodium or palladium
are used as catalysts and they are coated on the ceramic column, and attached to the outlet. Earlier,
platinum was a widely used catalyst, but nowadays, due to the high cost of platinum, the use of rhodium
and palladium is trending.
While there are many types of industrial catalytic converters, two of the prominent ones are two-way
catalytic converter and three-way catalytic converter. Two-way industrial catalytic converters are mainly
used in some engines, such as diesel, gasoline, and others in order to decrease the emission of CO
(carbon monoxide), NO (nitrogen oxide) and HC (hydrocarbons). Three-way converters are used to
control highly harmful and toxic gasses emission, such as NO2(nitrogen dioxide), and nitric oxide, among
others that cause smog and acid rain.
©2015 Future Market Insights, All Rights Reserved
4
Industrial Catalytic Converters Market
Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3496
Industrial Catalytic Converters Market: Dynamics
Increasing industrialization across the world in industries, such as automobile, chemical, textile, and
increasing manufacturing of electrical equipment, and steel products drives the demand for industrial
catalytic converters. Additionally, stringent norms set by government authorities in various countries are
influencing the demand for industrial catalytic converters.
On the other hand, with the evolution of technology, the automobile industry is shifting towards electric
vehicles, which will act as a restraint for the global industrial catalytic converters market. The use of nonnoble metals in the manufacturing of industrial catalytic converters is a key trend identified recently.
Increase in vehicle production and sales, and increase in global industrialization can foster a strong
potential opportunity for this market. At the same time, fluctuating prices of some of the metals used in
the manufacturing of industrial catalytic converters can be a major challenge for the market.
Industrial Catalytic Converters Market: Segmentation
Market segmentation of the industrial catalytic converters market on the basis of its types:

Two-Way
©2015 Future Market Insights, All Rights Reserved
5
Industrial Catalytic Converters Market

Three-Way
 Market segmentation of the industrial catalytic converters market on the basis of the applications:

Portable Generators, Portable Heaters

Furnace and Chimney

Forklifts, Cranes and Lifting Equipment

Air Compressors

Drilling and Well-Digging Machines

Pile Drivers and Bridge-Building Machinery

Construction Equipment

Others
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3496
Market segmentation of the industrial catalytic converters market on the basis of the end use industry:

Oil and Gas
©2015 Future Market Insights, All Rights Reserved
6
Industrial Catalytic Converters Market

Chemical

Metal and Mining

Textile

Automobile
Industrial Catalytic Converters Market: Regional Outlook
The Asia Pacific region holds a majority of the market share as compared to other regions, followed by
Europe and then North America – both of which are expected to grow at the same rate. The demand for
industrial catalytic converters in countries, such as China, India, and South Korea in Asia Pacific is
expected to grow, owing to the continuous growth of chemical and textile industries in the region.
Europe is seen as a potential market for the industry, due to the upcoming emission standards for the
reduction of carbon monoxide from various industries. Also, Europe and North America show promising
opportunities for the industrial catalytic converters market, as the regions are chemical manufacturing
hubs. The demand for industrial catalytic converters is anticipated to grow at a CAGR of around 8%
globally over the forecasted period, which can be attributed to the increase in demand from textile and
manufacturing industries.
©2015 Future Market Insights, All Rights Reserved
7
Industrial Catalytic Converters Market
Industrial Catalytic Converters Market: Market Participants
Examples of some of the market participants in the industrial catalytic converters market identified
across the value chain are Bosal, Katcon, Ningbo Kesen Exhaust Gas Cleaner Manufacturing Co. Ltd.,
Wuxi Weifu Lida Catalytic Converter Co. Ltd., Catalytic Products International, Dcl International Inc.,
Standard Teco. Limited, Teco Limited, and AP Exhaust Products.
Browse Full Report@
http://www.futuremarketinsights.com/reports/industrial-catalytic-converters-market
©2015 Future Market Insights, All Rights Reserved
8
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
[email protected]
For media queries, contact the press office at
[email protected]
For other queries contact:
Harish Tiwari
(General Manager & Global Head Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
©2015 Future Market Insights, All Rights Reserved
9