Global Automotive Selective Catalytic Reduction (SCR) Market 2018-2022

Overview of the global automotive selective catalytic reduction (SCR) market

The commercial fleet owners for logistics and transportations prefer diesel engine vehicles because they are more durable, require less maintenance, and produce more drive force in comparison to gasoline engines. They equip their heavy and light commercial vehicles with diesel IC engines because it produces large amounts of torque at low RPMs. Our automotive selective catalytic reduction (SCR) market research identifies the increased penetration of diesel engines in commercial vehicles to be one of the major factors that will have a positive impact on the growth of the market. To prevent the emission of large amount of NOx and particulate matter from diesel engines, manufacturers are using aftertreatment technologies such as SCR, EGR, and DPF. These technologies ensure better performance of SCR diesel engines. Technavio’s automotive selective catalytic reduction market analysis predicts that the market will grow at a CAGR of more than 5% by 2022.

Emerging countries have introduced Euro 6 emission standards to control and maintain the levels of harmful emissions such as carbon monoxide, oxides of nitrogen, hydrocarbons, and particulate matter. The implementation of advanced Euro emission standards is identified as one of the key trends that will gain traction in the automotive selective catalytic reduction (SCR) market during the forecasted period. It has been observed that other emerging nations such as Brazil, Thailand, and Russia are also adopting emission standards similar to Euro emission norms. This will positively influence the demand for automotive selective catalytic reduction system.

What's your takeaway?

Technavio's industry research report on the global automotive selective catalytic reduction market 2018-2022 will help you-

• Identify latent opportunities and explorative solutions in the automotive selective catalytic reduction market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Companies covered

The automotive selective catalytic reduction (SCR) market appears to be highly concentrated. This industry research report offers information about the competitive environment among the players in the selective catalytic reduction market and offers an analysis of key companies and their products. Additionally, our analysts also offer information about the key areas the players currently focus on and the strategies they follow to sustain the competition.

This research report provides an analysis of various companies in this market including-

• Faurecia              
• KATCON GLOBAL             
• Kautex
• Plastic Omnium
• Tenneco             

Segmentation by geography and analysis of the automotive selective catalytic reduction (SCR) market

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the majority market share during 2017. It has been estimated that the selective catalytic reduction market will experience growth in the region for the next four years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive selective catalytic reduction (SCR) market?
• What are the key market trends impacting the growth of the global automotive selective catalytic reduction (SCR) market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive selective catalytic reduction (SCR) market?
• What are the market opportunities and threats faced by the vendors in the global automotive selective catalytic reduction (SCR) market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global automotive selective catalytic reduction (SCR) market?

Technavio also offers customization on reports based on specific client requirement.