Environmental (Mobile Emission) Catalyst Market for Light Duty Vehicles, Heavy Duty Vehicles, Motorcycles, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 -2020
Deerfield Beach, FL -- (SBWIRE) -- 02/10/2017 -- Zion Research has published a new report titled "Environmental Catalyst (Mobile Emission) Market for Light Duty Vehicles, Heavy Duty Vehicles, Motorcycles and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 - 2020." According to the report, the global environmental catalysts market was valued at approximately USD 6.5 billion in 2014 and is expected to reach around USD 9.0 billion by 2020, growing at a CAGR of around 5% between 2015 and 2020. In terms of volume, global refinery catalysts market stood at approximately 1.90 million tons in 2014.
Request Sample Report: http://bit.ly/2dt50fZ
Environmental catalyst is widely used in different commercial sectors. Environmental catalysts play important role in protection of eco-system from different kind of pollutants and emissions from vehicles and other industrial processes. Catalysts are external substances which can be heterogeneous and homogeneous. Environmental catalysts contribute towards prevention of pollution and its adverse effects on the surroundings.
Emergence of stringent regulations such as Euro standards in Europe, National Ambient Air Quality Standards U.S. has propelled environmental catalysts market. Other countries also have their own regulatory authorities to control mobile emissions. Vehicles has been remained one of the major source of emission and air pollution. Hence, use of emission control catalysts has become mandatory in most of the regions and countries.
Browse the full "Environmental (Mobile Emission) Catalyst Market for Light Duty Vehicles, Heavy Duty Vehicles, Motorcycles and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 -2020" report at http://www.marketresearchstore.com/report/environmental-catalyst-market-for-light-duty-z37349
Environmental catalysts are mainly added to fuels such as diesel, petrol, gasoline, etc. Emission control catalysts are mainly applied in the three-way catalytic converters (TWC), diesel particulate filters (DPF) & diesel oxidation catalysts (DOC), stationary & mobile NOx removal by means of SCR (selective catalytic reduction) and oxidation catalysts for volatile organic compounds (VOC).
On the basis of application environmental catalysts market can be segmented as light duty vehicles, heavy duty vehicles, motorcycles, others (industrial emission reduction catalysts). Light duty vehicles accounted for the largest share of the global environmental catalysts. In 2014, light duty vehicles accounted for over 60% share of the total volume consumed in 2014. Others segment is expected to post fastest growth rate during the forecast period.
Asia Pacific accounted for largest market share of the global environmental catalysts market in 2014. It accounted for around 30% share of the total volume consumed in 2014. Asia Pacific was closely followed by North America and Europe respectively. Asia Pacific is also expected to be the fastest growing market for environmental catalysts owing to rapidly growing automotive market. North America and Europe accounted for significantly large share of the global environmental catalysts in terms of volume consumption. Stringent environmental regulations in the regions have been remained major market driving force for the environmental catalysts market.
Do Inquiry before buying: http://bit.ly/2j4rFxf
Some of the key industry participants in global environmental catalysts market include CRI, Axens, BASF SE, ECT, Applied Catalyst, EmeraChem, Treibacher Industrie AG, Johnson Matthey, etc.
This report segments the global market as follows:
Environmental Catalyst Market – Application Segment Analysis
Light Duty Vehicles
Heavy duty Vehicles
Others (Industrial emission reduction catalysts)
Environmental Catalyst Market – Regional Segment Analysis
Middle East and Africa
About Zion Research
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)