The global autocatalyst market size reached USD 13.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.1 Billion by 2033, exhibiting a growth rate (CAGR) of 3.1% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 13.7 Billion |
Market Forecast in 2033
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USD 18.1 Billion |
Market Growth Rate 2025-2033 | 3.1% |
An autocatalyst is made by converting ceramics or metals into a fine honeycomb structure and coating it with a solution of platinum, rhodium, and palladium. It is usually installed in the exhaust system of vehicles to help transform toxic substances like hydrocarbon, nitrogen oxide and carbon monoxide into harmless nitrogen, water, and carbon dioxide. Nowadays, three-way catalysts are gaining traction as advanced systems for the emission treatment of gasoline vehicles. These catalysts comprise ultra-thin and high cell substrates that operate at low temperatures to eliminate toxic substances from vehicle ignition efficiently.
Vehicular emissions are highly harmful to the environment and human health as they can lead to acidic rain and a rise in global temperature, skin irritation, and respiratory issues. In line with this, the continual increase in the sales of vehicles and consequent surge in gas emissions have compelled governing agencies of numerous countries to implement stringent laws concerning automobile emissions. This represents one of the key factors positively influencing the demand for autocatalysts across the globe to eliminate particulate and atmospheric matter. Apart from this, due to rising environmental concerns, the leading manufacturers are adopting recycling methods and sustainable manufacturing processes. They are also investing in new technologies to improve the functions of autocatalysts, which is anticipated to propel the growth of the market. For instance, they are using nanotechnology or alumina thin films at high temperatures as sol-gel technology to improve precious metals distribution and contain gaseous emissions.
IMARC Group provides an analysis of the key trends in each sub-segment of the global autocatalyst market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on material, catalyst type, distribution channel, vehicle type and fuel type.
Breakup by Material:
Breakup by Catalyst Type:
Breakup by Distribution Channel:
Breakup by Vehicle Type:
Breakup by Fuel Type:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Cataler Corporation (Toyota Motor Corporation), Corning Incorporated, Cummins Inc., DCL International Inc, Faurecia, Heraeus Holding, Ibiden Co. Ltd., Solvay and Tenneco Inc.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Material, Catalyst Type, Distribution Channel, Vehicle Type, Fuel Type, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | BASF SE, Cataler Corporation (Toyota Motor Corporation), Corning Incorporated, Cummins Inc., DCL International Inc, Faurecia, Heraeus Holding, Ibiden Co. Ltd., Solvay and Tenneco Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global autocatalyst market was valued at USD 13.7 Billion in 2024.
We expect the global autocatalyst market to exhibit a CAGR of 3.1% during 2025-2033.
The rising adoption of autocatalyst in recycling methods and sustainable manufacturing processes, along with eliminating particulate and atmospheric matter, is primarily driving the global autocatalyst market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous automobile manufacturing units, thereby negatively impacting the global market for autocatalyst.
Based on the material, the global autocatalyst market can be bifurcated into platinum, palladium, rhodium, and others. Currently, platinum holds the majority of the total market share.
Based on the catalyst type, the global autocatalyst market has been segmented into two-way, three-way, and four-way, where two-way currently exhibits a clear dominance in the market.
Based on the distribution channel, the global autocatalyst market can be divided into OEM and aftermarket. Currently, OEM accounts for the largest market share.
Based on the vehicle type, the global autocatalyst market has been segregated into passenger car, light commercial vehicle, heavy commercial vehicle, and others. Among these, passenger car currently holds the majority of the global market share.
Based on the fuel type, the global autocatalyst market can be categorized into gasoline, diesel, hybrid fuels, and hydrogen fuel cell. Currently, gasoline exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global autocatalyst market include BASF SE, Cataler Corporation (Toyota Motor Corporation), Corning Incorporated, Cummins Inc., DCL International Inc, Faurecia, Heraeus Holding, Ibiden Co. Ltd., Solvay, and Tenneco Inc.