Research and Markets - Global Emission Control Catalyst (ECC) Market - Key Players are BASF Catalysts, Johnson Matthey & Umicore SA

DUBLIN, April 5, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Emission Control Catalyst Market by Type (Palladium, Platinum, Rhodium), Application (Automotive, Industrial and Others), Region - Global Trends & Forecast to 2021" report to their offering.

The global emission control catalyst (ECC) market, in terms of value, is projected to reach USD 16.09 Billion by 2021, growing at a CAGR of 10.37% from 2016 to 2021. High-growth application areas such as automotive, industrial, and others, and the stringent emission regulations due to increased concern over environmental pollution are key factors driving the growth of the global ECC market.

Currently, Europe is estimated to be the largest market for ECC, accounting for more than half of the global market share, by value, in 2015. Germany dominated the European ECC market in 2015, followed by the U.K. Germany is also the fastest-growing market for ECCs. Europe has the largest market for diesel engines and due to constant fuel price fluctuations the market for gasoline-powered engines is lower than that of diesel engines.

Platinum is used as catalyst to control emissions in diesel engines since it is the only precious metal that can sustain its performance under high temperature conditions in car exhausts. The demand for palladium and rhodium is projected to grow at a slow rate in Europe, as the usage of gasoline is extremely less in the region. The other metals that are used as emission control catalysts in industrial activities are expected to grow largely due to rise in demand for marine and locomotives.

Although the ECC market is growing at a significant rate, certain factors could hinder market growth. Dependence of performance on temperature and loss of activity through poisoning and thermal deactivation are restricting the growth of the ECC market.

Companies Mentioned:

• Aerinox Inc.
• BASF Catalysts LLC
• Cataler Corporation
• Clariant International Ltd.
• Cormetech Inc.
• Corning Incorporated
• DCL International Inc.
• Johnson Matthey PLC
• Solvay SA
• Umicore SA

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 ECC Market, By Type

8 ECC Market, By Application

9 ECC Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information visit http://www.researchandmarkets.com/research/ln2hrl/emission_control

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