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Automotive Diesel Nitrogen Oxide Emission Control Catalysts Market - Growth Analysis And Forecast|
May 06, 2018

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LONDON--(BUSINESS WIRE)--May 3, 2018-- market research analysts forecast the to grow at a CAGR of over 5% during the period 2018-2022, according to their latest report.

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Technavio has published a new market research report on the global automotive diesel nitrogen oxide (NOx) emission control catalysts market from 2018-2022. (Graphic: Business Wire)

The implementation of advanced Euro emission norms in emerging countries is one of the major trends being witnessed in the market. Euro 6 emission standards are the latest emission norms, which control and maintain the levels of harmful pollutants and emissions such as CO, NOx, HC, and PM. Various Euro emission standards were formulated to curb the use of leaded gasoline and control CO emissions. It is estimated that in 2016, in India, vehicular emissions contributed to approximately 18% NOx emissions, 50% HC emissions, and 59% CO emissions. The Indian government is currently following BS 4 emission norms that are equivalent to Euro 4 emission norms. However, due to delays in the availability of 50ppm sulfur fuel that is essential for following Euro 4, these norms could not be implemented nationwide.

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In this report, Technavio analysts highlight the increasing penetration of diesel engine vehicles as a key factor contributing to the growth of the global market:

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