PUBLISHER: The Business Research Company | PRODUCT CODE: 1921398
PUBLISHER: The Business Research Company | PRODUCT CODE: 1921398
An automotive catalyst is a key component in a vehicle's exhaust system designed to reduce harmful emissions produced by the engine. It is part of the catalytic converter, a device that converts toxic pollutants in the exhaust gases into less harmful substances before they are released into the atmosphere. The catalyst is typically made from precious metals like platinum, palladium, and rhodium, which act as catalysts for chemical reactions that neutralize pollutants.
The key products of automotive catalysts include two-way catalytic converters, three-way catalytic converters, and diesel oxidation catalysts. Specifically engineered for diesel engines, diesel oxidation catalysts aim to reduce emissions of carbon monoxide (CO), hydrocarbons (HC), and particulate matter (PM). These catalysts typically utilize raw materials such as rhodium, platinum, and palladium. Their applications span across heavy-duty vehicles, light-duty vehicles, and other specific industrial uses.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the automotive catalyst market by increasing costs for imported precious metals such as platinum, palladium, and rhodium. Light-duty and heavy-duty vehicles in Asia-Pacific, Europe, and North America are most affected due to dependency on imported metals. Nevertheless, tariffs are driving domestic metal recycling, regional sourcing strategies, and development of cost-efficient catalyst solutions, strengthening supply chains and supporting adoption of environmentally compliant exhaust systems.
The automotive catalyst market research report is one of a series of new reports from The Business Research Company that provides automotive catalyst market statistics, including automotive catalyst industry global market size, regional shares, competitors with an automotive catalyst market share, detailed automotive catalyst market segments, market trends and opportunities, and any further data you may need to thrive in the automotive catalyst industry. This automotive catalyst market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive catalyst market size has grown strongly in recent years. It will grow from $18.84 billion in 2025 to $19.95 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to rising use of platinum, palladium, rhodium in catalysts, reliance on conventional catalytic converters, adoption in gasoline vehicles, use in diesel oxidation systems, growth in light-duty vehicles.
The automotive catalyst market size is expected to see strong growth in the next few years. It will grow to $25.02 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for low-emission vehicles, adoption of AI-optimized catalytic materials, integration with hybrid and electric vehicles, deployment of smart exhaust management, growth in heavy-duty vehicle applications. Major trends in the forecast period include integration of AI-powered catalyst monitoring, adoption of advanced emission control materials, deployment of IoT-enabled catalyst diagnostics, expansion of precious metal optimization, implementation of smart exhaust management systems.
The rise in vehicle production is anticipated to drive the growth of the automotive catalysts market in the coming years. Vehicle production encompasses the manufacturing, assembly, and construction of various types of vehicles, including automobiles, trucks, buses, motorcycles, and other motorized vehicles. Automotive catalysts are utilized in vehicle production to minimize harmful emissions, ensuring compliance with environmental regulations, enhancing air quality, improving fuel efficiency, and boosting performance. For instance, in June 2024, according to the National Centre for Social Research, a UK-based independent social research institute, car sales in the UK experienced a strong recovery in 2023, with new car registrations increasing by 17.9% compared to 2022. Consequently, the rise in vehicle production is propelling the growth of the automotive catalysts market.
Major companies operating in the automotive catalyst market are prioritizing the development of innovative solutions such as carbon-tracked recycled platinum group metals (PGMs) to improve sustainability and transparency across the value chain. Carbon-tracked recycled PGMs are materials recovered through environmentally responsible processes that allow verification and reduction of the carbon emissions generated during their production. For instance, in December 2023, BASF Environmental Catalyst and Metal Solutions, a US-based water technology company, introduced Verdium, a solution that enables customers to authenticate carbon reduction associated with recycled PGMs. Through a mass balance approach, Verdium tracks and verifies the carbon footprint of PGMs used in automotive catalysts and other applications. Each kilogram of Verdium reportedly prevents more than 30 metric tons of carbon emissions compared to conventionally mined materials. This development enhances sustainability by reducing environmental impact and meets the growing industry demand for transparency and traceability in automotive catalyst materials.
In August 2023, TekCor4, a technology company based in the UK, acquired S&P Global Mobility for an undisclosed sum. The goal of TekCor4's acquisition of Catalyst for Aftersales is to utilize its existing product offerings and client base to improve data analytics, insights, and marketing automation services for original equipment manufacturers (OEMs) and dealers within the automotive industry. S&P Global Mobility is a U.S.-based company that specializes in vehicle and fleet management, providing data, analytics, and insights specifically for the automotive sector.
Major companies operating in the automotive catalyst market are BASF SE, Johnson Matthey, Umicore N.V., Tenneco Inc., Clean Diesel Technologies Inc., Cummins Inc., Ecocat India Pvt. Ltd., Clariant, Cataler Corporation, Interkat Catalyst GmbH, Heraeus Precious Metals GmbH & Co. KG, DCL International Inc., Solvay S.A, Eberspcher, N.E. CHEMCAT CORPORATION, Klarius Products Ltd., CDTi Advanced Materials Inc., IBIDEN Co. Ltd., Sinocat Environmental Technology Co. Ltd., Haldor Topsoe A/S, Corning Incorporated, W. R. Grace & Co., Sino-Platinum Metals Co. Ltd., Sibanye-Stillwater, Tanaka Holdings Co. Ltd., Clariant International AG, CRI Catalyst Company LP, Catalytic Combustion Corporation, Cormetech Inc.
Europe was the largest region in the automotive catalyst market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive catalyst market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive catalyst market consists of sales of two-way catalytic converters, three-way catalytic converters, and diesel oxidation catalysts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Catalyst Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses automotive catalyst market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive catalyst ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive catalyst market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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