Heavy-Duty Diesel Catalysts Market size was valued at US$ 1.46 Bn. in 2022 and the total revenue is expected to grow at 2.8 % throughout 2023 to 2029, reaching nearly US$ 1.78 Bn. by 2029. The global Heavy-Duty Diesel Catalysts Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Heavy-Duty Diesel Catalysts Report also provides trends by market segments, Product, and investment with a competitive landscape.Heavy-Duty Diesel Catalysts Market Overview:
The global Heavy-Duty Diesel Catalysts market size was valued at US$ 1.46 Bn. in the year 2022 and with a CAGR of 2.8 % during the forecast period, it is anticipated to grow US$ 1.78 Bn. by 2029.To know about the Research Methodology :- Request Free Sample Report A heavy-duty diesel is generally a commercial type of vehicle with a gross vehicle weight rating (GVWR) of 10,000 pounds or more. It also consists of industrial equipment using diesel engines such as agricultural and construction equipment. The use of diesel engines is known for their low-cost operation, high-performance efficiency, cheap to operation, and durable but its use leaves particulates in the environment resulting in an increase in the levels of carbon monoxide (CO) and hydrocarbons (HC), and oxides of nitrogen (NOx). Therefore, heavy-duty diesel catalysts help in reducing harmful emissions of pollutants by 90% converting them into non-toxic substances with help of precious metals like Platinum, Palladium, which also increase the economy of fuel. Thus, the importance of catalysts for diesel engines is high up than that for petrol/gasoline engines. The heavy-duty diesel catalysts have wide applications in automotive, construction, industrial, and agricultural industries respectively.
COVID–19 Influence on the Heavy-Duty Diesel Catalysts Market:
Due to the COVID-19 pandemic, the logistics industry had a loss of US$ 515 million. The reason behind huge financial loss is strict rules and regulations for trade and transport across the globe. Due to sudden collapse of the global economy by -2.5 % has made a difficult road for the betterment of the trade and commerce sector. Other factors like reducing fleet and call off for fleet expansion plans have influenced the need for commercial vehicles. Therefore, it showed the direct impact on the financial losses for the Heavy-Duty Diesel Catalysts Market that are used in heavy-duty diesel engines to manage the discharge of pollutants.Heavy-Duty Diesel Catalysts Market Dynamics:
The performance of diesel engines gives better mileage in comparison to gasoline/petrol engines, thus it becomes economical to use. Hence, the vehicles used for bulk transportation of goods or people are diesel-operated engines. In combination with the engine, the catalyst is expected to help in hitting fixed pollutant emission standards. The application of strict rules and regulations on the emissions of pollutants across the globe and the rising use of automobiles with diesel engines are the key promoter for the global heavy-duty diesel catalysts market. As per the growth of advanced technologies, the trend for Electric Vehicles (EVs) operating on batteries is growing. However, the limitation is relevant to the passenger vehicles segment operating on diesel engines but it also raises a vital question about the usage of diesel engines in the future. These key factors are limitations to global heavy-duty diesel catalysts market. In the future, Asia Pacific is expected to be a leader in the global heavy-duty catalyst market. The other important factors like the growing powerful economies of China and India are expected to observe a rise in trade. Also, the continuously growing population of these economies is projected to increase the need for vehicles for transportation and other use. The diesel engine is cost-effective than the petrol/gasoline engine. So, the need for diesel engines is mostly to be higher. These key factors are opportunities for the global heavy-duty diesel catalysts market. The government of various countries across the globe is putting continuous efforts in adopting strict rules and regulations for maintaining environmental standards to control discharge from vehicle fossil fuels including heavy-duty diesel engines. As per information, diesel engines are worst in emissions of pollutants. So, strong efforts and attention is provided in producing economical technologies to control emissions that would help in limiting air pollution happening from diesel engines without giving up on the benefits of diesel engine. These key factors may challenge the global market during the forecast period.Heavy-Duty Diesel Catalysts Market Segment Analysis:
On the basis of Type, the global market is segmented into four types as follows, Platinum-based catalyst, Palladium-based catalyst, Rhodium-based catalyst, and others. According to MMR, Palladium-based catalyst is expected to hold the largest market share of xx% in 2029. The factors like wide application in gasoline/petrol and diesel engines respectively are boosting the need for this segment. On the basis of Application, the global market is segmented into three types as follows, Automotive, Industrial, and Others. According to MMR, the automotive sector is expected to hold the largest market share of xx% in 2029. A factor like the increasing need for automotive catalytic converter as a medium for emission control is boosting demand for this segment.Regional Insights:
In the year 2022, the global heavy-duty diesel market in the U.S. is valued at US$ 470.5 million and holds 31.45 % shares in the worldwide market. The world’s second-largest economy, China, is anticipated to grow at US$ 330.5 million by 2029 with a CAGR of 4.7%. Other markets like Canada and Japan are expected to reach 1.7% and 1.5% respectively during the forecast period. Germany, a country in Europe, is expected to reach approximately a CAGR of 2.2% and the rest of the European market is expected to grow at US$ 329.8 million by 2029. During the forecast period, it is expected that Europe will largest market leader because of strict emission laws like Euro 6, and the rising production of vehicles. North America and Europe have adopted high-quality standards for emission in order to limit air pollution. Thus, these regions are expected to be important for the heavy-duty diesel catalyst market. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Heavy-Duty Diesel Catalysts market make the report investor’s guide.Heavy-Duty Diesel Catalysts Market Scope: Inquire before buying
Heavy-Duty Diesel Catalysts Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.46 Bn. Forecast Period 2023 to 2029 CAGR: 2.8% Market Size in 2029: US $ 1.78 Bn. Segments Covered: by Type Palladium-Based catalyst Platinum-Based catalyst Rhodium-Based Catalyst Others by Application Automotive Industrial Others by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Heavy-Duty Diesel Catalysts Market Key Players
1. BASF SE 2. Clariant 3. Clean Diesel Technologies, Inc. 4. Jhonson Matthey plc 5. N.E. Chemcat Corporation 6. Albemarle Corporation 7. Cataler Corporation 8. APC Automotive Technologies 9. Catalytic Exhaust Products Ltd. 10. Blackthorn Environmental Limited 11. AirFlow Catalyst Systems, Inc. 12. ACAT Global LLC 13. Aletek Pty Ltd. 14. Catalyst Products 15. Umicore N.V. 16. Corning Incorporated 17. DCL International 18. Solvay 19. ExxonMobil Chemical 20. Haldor Topsoe 21. UOP 22. ASF Frequently Asked Questions: 1. Which region has the largest share in Global Heavy-Duty Diesel Catalysts Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Heavy-Duty Diesel Catalysts Market? Ans: The Global Heavy-Duty Diesel Catalysts Market is growing at a CAGR of 2.8% during forecasting period 2023-2029. 3. What is scope of the Global Heavy-Duty Diesel Catalysts Market report? Ans: Global Heavy-Duty Diesel Catalysts Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Heavy-Duty Diesel Catalysts Market size in 2022? Ans: The Global Heavy-Duty Diesel Catalysts market was valued at US$ 1.46 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Heavy-Duty Diesel Catalysts Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Heavy-Duty Diesel Catalysts Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Heavy-Duty Diesel Catalysts Market 3.4. Geographical Snapshot of the Heavy-Duty Diesel Catalysts Market, By Manufacturer share 4. Global Heavy-Duty Diesel Catalysts Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Heavy-Duty Diesel Catalysts Market 5. Supply Side and Demand Side Indicators 6. Global Heavy-Duty Diesel Catalysts Market Analysis and Forecast, 2022-2029 6.1. Global Heavy-Duty Diesel Catalysts Market Size & Y-o-Y Growth Analysis. 7. Global Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1 Palladium-Based catalyst 7.1.2 Platinum-Based catalyst 7.1.3 Rhodium-Based Catalyst 7.1.4 Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1 Automotive 7.2.2 Industrial 7.2.3 Others 8. Global Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Palladium-Based catalyst 9.1.2. Platinum-Based catalyst 9.1.3. Rhodium-Based catalyst 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Automotive 9.2.2. Industrial 9.2.3. Others 10. North America Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Heavy-Duty Diesel Catalysts Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Heavy-Duty Diesel Catalysts Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. BASF SE 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Clariant 45.3.3. Clean Diesel Technologies, Inc. 45.3.4. Jhonson Matthey plc 45.3.5. N.E. Chemcat Corporation 45.3.6. Albemarle Corporation 45.3.7. Cataler Corporation 45.3.8. APC Automotive Technologies 45.3.9. Catalytic Exhaust Products Ltd. 45.3.10. Blackthorn Environmental Limited 45.3.11. AirFlow Catalyst Systems, Inc. 45.3.12. ACAT Global LLC 45.3.13. Aletek Pty Ltd. 45.3.14. Catalyst Products 45.3.15. Umicore N.V. 45.3.16. Corning Incorporated 45.3.17. DCL International 45.3.18. Solvay 45.3.19. ExxonMobil Chemical 45.3.20. Haldor Topsoe 45.3.21. UOP 45.3.22. ASF 45.3.23. Others 46. Primary Key Insights