Catalytic Converter Market Driven by Increased Fuel Efficiency Targets During the Forecast Period – 2021
The Catalytic Converter Market is projected to grow at a CAGR of 8.05% from 2016 to 2021, to reach a market size of USD 55.16 billion by 2021. Decreased emission limits in existing emission regulations and increased fuel efficiency targets are expected to drive the demand for catalytic converters during the forecast period.
The implementation of Euro 6 regulations has decreased NOx limits to 0.08 g/kWh...