Global Automotive Catalyst Market Size Study & Forecast, by Type and Vehicle Type, and Regional Forecasts 2025-2035

Description

The Global Automotive Catalyst Market was valued at approximately USD 16.58 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of over 5.00% during the forecast period from 2025 to 2035. Automotive catalysts, often crafted using precious metals like platinum, palladium, and rhodium, are pivotal components in the reduction of harmful emissions from internal combustion engine vehicles. As the world grapples with intensifying concerns over environmental degradation and governments continue tightening emission norms, the demand for efficient catalytic converters is being pushed to unprecedented levels. These catalysts are engineered to convert harmful gases such as carbon monoxide, hydrocarbons, and nitrogen oxides into less-toxic substances, ensuring regulatory compliance and cleaner air. This ongoing shift towards sustainable vehicular technology, alongside surging automotive production across emerging economies, is shaping the lucrative trajectory of the automotive catalyst industry.

The evolution of catalyst technologies is further propelled by escalating investments in research and development by key industry players, who aim to improve catalyst longevity and efficiency while minimizing the content of rare metals used. In light-duty and heavy-duty vehicle segments alike, catalysts are witnessing consistent adoption, fueled by a rising preference for fuel-efficient and low-emission transport solutions. Notably, the surging demand for gasoline-powered vehicles, particularly in urban settings, has spurred the growth of palladium-based catalysts, while diesel engine vehicles, prevalent in logistics and heavy-duty sectors, continue to rely heavily on platinum and rhodium-based systems. Additionally, the rapid electrification of the automotive industry hasn't completely offset the demand for these emission-control technologies, as hybrid vehicles and plug-in hybrid electric vehicles (PHEVs) still incorporate internal combustion components that necessitate catalytic support.

From a regional standpoint, North America is poised to maintain its dominance in the global automotive catalyst market during the early phase of the forecast period, largely attributed to its strong regulatory framework led by the Environmental Protection Agency (EPA), mature automobile industry, and high vehicle ownership rates. Europe follows closely, driven by the European Union's ambitious carbon neutrality targets and stringent vehicle emission legislations like Euro 6 and the upcoming Euro 7 standards. Meanwhile, Asia Pacific is projected to exhibit the fastest CAGR during the forecast window, underpinned by burgeoning automotive production hubs in China, India, and South Korea. The growing urban population, rising disposable incomes, and increasing adoption of personal vehicles are also intensifying the regional demand. Furthermore, governmental policies mandating the installation of emission-control systems in both new and existing vehicles are providing significant tailwinds to the market expansion in these regions.

Major market player included in this report are:

BASF SE
Johnson Matthey
Umicore
Heraeus Holding
Tenneco Inc.
Corning Incorporated
Cataler Corporation
CDTi Advanced Materials, Inc.
Eberspacher Group
Toyota Motor Corporation
Magneti Marelli S.p.A
Hitachi Zosen Corporation
Faurecia
NGK Insulators, Ltd.
Denso Corporation

Global Automotive Catalyst Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Type:

Platinum
Palladium
Rhodium

By Vehicle Type:

Light-Duty Vehicles
Heavy-Duty Vehicles

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Automotive Catalyst Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Automotive Catalyst Market Forces Analysis

3.1. Market Forces Shaping The Global Automotive Catalyst Market (2024-2035)
3.2. Drivers
- 3.2.1. Rising Stringency in Vehicle Emission Standards Worldwide
- 3.2.2. Increasing Demand for Light-Duty and Heavy-Duty Vehicles
3.3. Restraints
- 3.3.1. Surging Popularity and Penetration of Fully Electric Vehicles
- 3.3.2. Volatile Prices of Precious Metals Used in Catalysts
3.4. Opportunities
- 3.4.1. Hybrid Vehicle Expansion Retaining Demand for IC Engine Components
- 3.4.2. Emerging Economies Driving Growth in Aftermarket Sales of Catalysts

Chapter 4. Global Automotive Catalyst Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive Catalyst Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global Automotive Catalyst Market Performance - Potential Analysis (2025)
5.3. Platinum
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Palladium
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Rhodium
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Automotive Catalyst Market Size & Forecasts by Vehicle Type 2025-2035

6.1. Market Overview
6.2. Global Automotive Catalyst Market Performance - Potential Analysis (2025)
6.3. Light-Duty Vehicles
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. Heavy-Duty Vehicles
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Automotive Catalyst Market Size & Forecasts by Region 2025-2035

7.1. Automotive Catalyst Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Automotive Catalyst Market
- 7.3.1. U.S. Automotive Catalyst Market
  - 7.3.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.3.1.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.3.2. Canada Automotive Catalyst Market
  - 7.3.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.3.2.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
7.4. Europe Automotive Catalyst Market
- 7.4.1. UK Automotive Catalyst Market
  - 7.4.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.1.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.4.2. Germany Automotive Catalyst Market
  - 7.4.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.2.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.4.3. France Automotive Catalyst Market
  - 7.4.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.3.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.4.4. Spain Automotive Catalyst Market
  - 7.4.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.4.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.4.5. Italy Automotive Catalyst Market
  - 7.4.5.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.5.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.4.6. Rest of Europe Automotive Catalyst Market
  - 7.4.6.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.4.6.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
7.5. Asia Pacific Automotive Catalyst Market
- 7.5.1. China Automotive Catalyst Market
  - 7.5.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.1.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.5.2. India Automotive Catalyst Market
  - 7.5.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.2.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.5.3. Japan Automotive Catalyst Market
  - 7.5.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.3.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.5.4. Australia Automotive Catalyst Market
  - 7.5.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.4.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.5.5. South Korea Automotive Catalyst Market
  - 7.5.5.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.5.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.5.6. Rest of Asia Pacific Automotive Catalyst Market
  - 7.5.6.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.5.6.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
7.6. Latin America Automotive Catalyst Market
- 7.6.1. Brazil Automotive Catalyst Market
  - 7.6.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.6.1.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.6.2. Mexico Automotive Catalyst Market
  - 7.6.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.6.2.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
7.7. Middle East and Africa Automotive Catalyst Market
- 7.7.1. UAE Automotive Catalyst Market
  - 7.7.1.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.1.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.7.2. Saudi Arabia Automotive Catalyst Market
  - 7.7.2.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.2.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.7.3. South Africa Automotive Catalyst Market
  - 7.7.3.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.3.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035
- 7.7.4. Rest of Middle East & Africa Automotive Catalyst Market
  - 7.7.4.1. Type Breakdown Size & Forecasts, 2025-2035
  - 7.7.4.2. Vehicle Type Breakdown Size & Forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. BASF SE
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Johnson Matthey
8.4. Umicore
8.5. Heraeus Holding
8.6. Tenneco Inc.
8.7. Corning Incorporated
8.8. Cataler Corporation
8.9. CDTi Advanced Materials, Inc.
8.10. Eberspacher Group
8.11. Toyota Motor Corporation
8.12. Magneti Marelli S.p.A
8.13. Hitachi Zosen Corporation
8.14. Faurecia
8.15. NGK Insulators, Ltd.
8.16. Denso Corporation