Global Automotive Selective Catalytic Reduction (SCR) System Markets to 2023 - Tenneco, Faurecia, Plastic Omnium, and Rochling Group are Dominating the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 10, 2018--The “Automotive Selective Catalytic Reduction (SCR) System Market by Vehicle Type, by Catalyst Type, by Catalyst Structure Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global automotive SCR system market is projected to grow at an impressive rate over the next five years to reach US$ 3.2 billion in 2023.
Incessant increase in the penetration of SCR system in diesel vehicles to address the stringent regulations regarding the NOx emission reductions and fuel efficiency enhancements is the prime growth driver of the market.
Development of innovative SCR system is an indispensable focus area of the SCR system suppliers based on the requirements of auto OEMs. The market for SCR system is marked by major global automotive tier players including Faurecia, Plastic Omnium, and Tenneco. Also, it is expected that the excellent growth of SCR system may entice other players to enter the market to tap the growth potential.
The global automotive SCR system market is segmented based on the vehicle type as Passenger Car, LCV (Light Commercial Vehicle), and M&HCV (Medium- and Heavy-Duty Commercial Vehicle). Passenger car segment is expected to remain the growth engine of the market during the forecast period of 2018 to 2023.
Based on the catalyst type, the automotive SCR system market is segmented as Copper Zeolite, Iron Zeolite, and Others (platinum, palladium, rhodium, etc.). Copper Zeolite is expected to remain the most dominant catalyst type in the global automotive SCR system market during the forecast period.
Based on the catalyst structure type, the market is segmented as honeycomb catalyst structure and others (plate and corrugated type). Honeycomb structure is expected to remain the most dominant type in the global automotive SCR System market during the forecast period.
Key Topics Covered1. Executive Summary
2. Automotive SCR System Market Overview and Market Forces
3. Automotive SCR System Market Analysis - By Vehicle Type
4. Automotive SCR System Market Analysis - By Catalyst Type
5. Automotive SCR System Market Analysis - By Catalyst Structure Type
6. Automotive SCR System Market Analysis - By Region
7. Competitive Analysis
8. Strategic Growth Opportunities
9. Company Profile of Key PlayersFaurecia S.A.Friedrich Boysen GmbH & Co. KGJ. Eberspaecher GmbHKautex Textron GmbH & Co. KG.Plastic Omnium S.A.Rochling GroupTenneco Inc.
For more information about this report visit https://www.researchandmarkets.com/research/7gs9vt/global_automotive?w=4
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Related Topics:Exhaust Systems and Components
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SOURCE: Research and Markets
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PUB: 10/10/2018 08:25 AM/DISC: 10/10/2018 08:25 AM