The catalytic converter market is projected to grow from USD 42.4 billion in 2018 to USD 73.1 billion by 2025, at a CAGR of 8.10%

LONDON, March 21, 2019 /PRNewswire/ — The increasing vehicle production and stringency in emission norms will drive the catalytic converter market. Download the full report: https://www.reportbuyer.com/product/5123135/?utm_source=PRN The catalytic converter market is projected to grow from USD 42.4 billion in 2018 to USD 73.1 billion by 2025, at a CAGR of 8.10%. The major driving factors for the catalytic converter market are stringent emission norms, fuel efficiency regulations, and increasing adoption rate of SCRs in diesel engines around the globe. The demand for catalytic converters is driven by the increasing vehicle production, stringency in emission norms, and technological partnership between OEMs ...

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