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Research and Development Forecast of Automotive Exhaust System Industry in China, 2014-2018

The Report Research and Development Forecast of Automotive Exhaust System Industry in China, 2014-2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

 

Albany, NY -- (SBWIRE) -- 12/02/2014 -- Research and Development Forecast of Automotive Exhaust System Industry in China, 2014-2018 makes in-depth analysis on China's automobile exhaust system market in the aspects of industrial policy, characteristics, competition landscape, market demand structure, latest news, development trend as well as key enterprises.

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In the aspect of automotive exhaust price, the average price of exhaust system of gasoline automobilein China in 2009 was about USD 250. With the environmental protection policy getting daily strict, the price has amount to USD 280 in 2014. However the price of the exhaust system of diesel automobile is much higher. The average price of diesel automobile in China was USD 350 in 2009, and has up to USD 530 in 2014.

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In July 1, 2011, Chinas light duty gasoline vehicle has implemented the national IV emission standard, which has elevated the average price of exhaust system, reaching USD 240. Due to the low quality of Chinas diesel fuel, the implementation of the national IV emission standard for diesel vehicle in China has been postponed till January 1, 2015, which should have been implemented on January 1, 2012.

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The international automotive catalytic agent market has been almost carved up by those four major enterprises, namely, Johnson Matthey, Umicore, BASF, and Cataler. The former three have generated revenues exceeding EUR 10 billion in 2013 respectively, of which the revenue contributed by catalytic agent was not high. Cataler is the only one that specialized in manufacturing catalytic agents among the four giants.

Three-way catalytic converter is a key part of exhaust system. However, the research of the three-way catalytic converter in China starts late. Now, there are about 20 catalytic agent manufacturing enterprises and scientific research institutions in China. Major Chinese enterprises that engage in the package of the three-way catalytic converters are as follows: Shanghai Delphi (now has been acquired by Suzhou Umicore), Dalian Walker, and Tianjin CATARC, etc. Catalytic agent producers are Wuxi Weifu Lida Catalytic Converter Co., Ltd, Kunming Institute of Precious Metals, BASF (Shanghai), Umicore (Suzhou), Johnson Matthey (Shanghai), etc.

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