Emission Control Catalyst Industry Size, Share, Demand & Growth by 2034
According to ESOMAR-certified consulting firm Future Market Insights (FMI), the global emission control catalyst market is projected to rise at above 8.5% CAGR , surpassing the market valuation of USD 31707.5 million during the forecast period 2024 to 2034. Expansion of the automotive industry, coupled with implementation of stringent government regulations regarding toxic gas emissions from vehicles and industries, is bolstering the demand for emission control catalysts. Increasing adoption of energy and fuel-efficient vehicles in developed regions such as the US, Germany and the UK will further boost the market growth in the upcoming decade. The rising demand for lightweight passenger vehicles in developing regions such as China, Japan, India and Brazil will provide lucrative opportunities to the manufacturers operating in the market. Browse Complete Report: https://www.futuremarketinsights.com/reports/global-emission-control-catalyst-marke...