Global Automotive Catalyst Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type Of Catalyst;

Three-Way Catalysts (TWC), Selective Catalytic Reduction (SCR), Lean NOx Trap (LNT), and Oxidation Catalysts

By Type;

Platinum Catalysts, Palladium Catalysts, and Rhodium Catalysts

By Vehicle Type;

Light-Duty Vehicle and Heavy-Duty Vehicle

By Sales Channel;

OEM and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn696575902 Published Date: May, 2025 Updated Date: June, 2025

Automotive Catalyst Market Overview

Automotive Catalyst Market (USD Million)

Automotive Catalyst Market was valued at USD 21,429.30 million in the year 2024. The size of this market is expected to increase to USD 30,966.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Global Automotive Catalyst Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 21,429.30 Million
Market Size (2031)USD 30,966.51 Million
Market ConcentrationMedium
Report Pages342
21,429.30
2024
30,966.51
2031

Major Players

  • Umicore
  • BASF
  • Johnson Matthey
  • Cataler
  • Clariant
  • CDTI Advanced Materials
  • Cummins
  • Heraeus
  • Interkat
  • Tenneco

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Automotive Catalyst Market

Fragmented - Highly competitive market without dominant players


The automotive catalyst market is advancing steadily, driven by the rising global focus on vehicle emission control. These catalysts transform harmful gases such as carbon monoxide and nitrogen oxides into less toxic substances, playing a key role in meeting environmental regulations. Currently, over 65% of the market demand stems from regulatory requirements for reduced emissions, reinforcing their relevance in conventional vehicle manufacturing.

Fuel Type Influence on Catalyst Demand
Catalyst usage varies significantly across fuel types, with gasoline-powered vehicles accounting for nearly 50% of current utilization. Diesel engines contribute approximately 30%, while hybrid systems make up the remainder. The ongoing reliance on combustion-based vehicles ensures continued demand for catalysts across multiple engine categories.

Advanced Catalyst Materials Drive Innovation
Technological progress in catalytic formulations is accelerating market evolution. Enhanced material compositions, including nano-based catalysts and specialized coatings, have achieved up to 40% better emission control performance. These innovations help manufacturers balance regulatory compliance with vehicle efficiency goals.

Sustainability Through Catalyst Recycling
Recycling practices are emerging as a strategic component of market sustainability, contributing around 25% of raw materials used in new catalyst production. This trend supports environmental goals and reduces dependence on freshly mined metals, aligning with broader green manufacturing initiatives across the automotive value chain.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type Of Catalyst
    2. Market Snapshot, By Type
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Automotive Catalyst Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Environmental Regulations
        2. Growing Global Automotive Production
        3. Technological Advancements in Catalyst Materials and Design
        4. Increasing Focus on Sustainable Practices
      2. Restraints
        1. Volatility in Precious Metal Prices
        2. High Initial Investment Costs
        3. Limited Availability of Raw Materials
        4. Impact of COVID-19 Pandemic on Automotive Industry
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Next-Generation Catalyst Technologies
        3. Adoption of Recycling and Circular Economy Practices
        4. Collaboration and Strategic Partnerships in the Supply Chain
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automotive Catalyst Market, By Type Of Catalyst, 2021 - 2031 (USD Million)
      1. Three-Way Catalysts (TWC)
      2. Selective Catalytic Reduction (SCR)
      3. Lean NOx Trap (LNT)
      4. Oxidation Catalysts
    2. Automotive Catalyst Market, By Type, 2021 - 2031 (USD Million)
      1. Platinum Catalysts
      2. Palladium Catalysts
      3. Rhodium Catalysts
    3. Automotive Catalyst Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Light-Duty Vehicle
      2. Heavy-Duty Vehicle
    4. Automotive Catalyst Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    5. Automotive Catalyst Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
          1. Canada
      2. Europe
        1. Rest of Europe
        2. Benelux
        3. Nordic
        4. Spain
        5. Italy
        6. France
        7. United Kingdom
        8. Germany
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Umicore
      2. BASF
      3. Johnson Matthey
      4. Cataler
      5. Clariant
      6. CDTI Advanced Materials
      7. Cummins
      8. Heraeus
      9. Interkat
      10. Tenneco
  7. Analyst Views
  8. Future Outlook of the Market