Global emission control
technologies market was valued at over $ 93 billion in 2018 and is poised to
grow at a brisk rate during the forecast period owing to growing demand for
reducing emissions as they are harmful for environment as well as health. Moreover,
traffic congestion on road is increasing which is stressing on the need for
environment friendly vehicles. Emission control technologies (ECTs) help to
enhance the quality of air by reducing harmful emissions from vehicular exhaust
gases. Moreover, emission control technologies can also be regarded as the
solution to problems such as acid rain, smog and air pollution. Additionally,
implementation of emission control technologies in old vehicles can help to
meet the new emission standards, thereby promoting the growth of global emission
control technologies market.
Emission
control technologies market can be segmented based on technology, fuel type, end user
industry and region. On the basis of technology, the market can be segmented
into selective catalytic reduction, exhaust gas recirculation, diesel
particulate filter, diesel oxidation catalyst, gasoline particulate filter and
others. Of all, selective
catalytic reduction is anticipated to witness the fastest growth during
forecast period. On the basis of end user industry, the market can be
classified into rolling stock, aerospace, automotive, industrial and
off-highways. Industrial segment is expected to grow at the highest rate during
forecast period owing to increasing adoption of after-treatment devices by
industrial engines so as to comply with emission standards imposed by
regulatory bodies.
Regionally, global emission
control technologies are gaining traction and expanding to various regions
including Asia-Pacific, North America, Europe, South America and Middle East
& Africa. Strict emission standards in various states of the US and high
rate of vehicles per person are contributing to the high share of North America
in global emission control technologies market.
Major players operating in global emission
control technologies market include BASF SE, Clean Diesel Technologies, Inc.,
Corning Incorporated, Johnson Matthey, Tenneco Inc., Delphi Corp., Robert Bosch
GmbH, AeriNox Inc., Clariant AG, DCL International Inc., etc. Major companies
are developing advanced technologies and launching new products in order to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new product developments.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the
Study:
- To analyze and forecast the market size of
global emission control technologies market.
- To classify and forecast global emission
control technologies market based on technology, fuel type, end user
industry and regional distribution.
- To identify drivers and challenges for global emission
control technologies market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
emission control technologies market.
- To conduct the pricing analysis for global emission
control technologies market.
- To identify and analyze the profile of leading
players operating in the global emission control technologies market.
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Some of the leading players in the global emission control technologies market include
BASF SE, Clean Diesel Technologies, Inc., Corning Incorporated, Johnson
Matthey, Tenneco Inc., Delphi Corp., Robert Bosch GmbH, AeriNox Inc., Clariant
AG, DCL International Inc., etc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which could not be
identified due to the limitations of secondary research. TechSci Research analyzed
the service offerings, distribution channels and presence of all major manufacturers across the
globe.
TechSci Research calculated the market size of global emission control technologies
market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Original equipment
manufacturers
- Automotive component
manufacturers, suppliers and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to emission control technologies
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global emission
control technologies market has been segmented into following categories,
in addition to the industry trends which have also been detailed below:
- Market, By Technology:
- Diesel Oxidation Catalyst (DOC)
- Diesel Particulate Filter (DPF)
- Selective Catalytic Reduction (SCR)
- Exhaust Gas Recirculation (EGR)
- Gasoline Particulate Filter (GPF)
- Others
- Market, By Fuel Type:
- Market, By End User Industry:
- Automotive
- Aerospace
- Rolling Stock
- Off-highway
- Industrial
- Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in global emission control technologies market.
Available
Customizations:
With the given market data,
TechSci Research offers customizations according the company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market
players (up to five).
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
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