Global Heavy Duty Diesel (HDD) Catalysts Strategic Business Report 2023-2030: Pivotal Role of Trucks in Road Transport & Increased Need to Curb Truck Exhaust Pollution Spur Market Growth

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Jan 02, 2024, 19:00 ET

DUBLIN, Jan. 2, 2024 /PRNewswire/ -- The "Heavy Duty Diesel (HDD) Catalysts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Heavy Duty Diesel (HDD) Catalysts Market to Reach $2 Billion by 2030

The global market for Heavy Duty Diesel (HDD) Catalysts estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

The report introduces emission control catalysts, focusing on technologies to reduce particulate materials and oxides of nitrogen emissions in heavy-duty diesel (HDD) engines. Additionally, it addresses the tightening regulatory landscape and emission norms in key regional markets, emphasizing the role of HDD catalysts. The competitive landscape is covered with market share scenarios and recent market activity of key competitors in the HDD catalysts market.

The U.S. Market is Estimated at $466.1 Million, While China is Forecast to Grow at 5.9% CAGR

The Heavy Duty Diesel (HDD) Catalysts market in the U.S. is estimated at US$466.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$389 Million by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

It discusses the dominance of the Asia-Pacific region in the global HDD catalysts market and highlights the technological advancements in HDD engines to reduce emissions. The text also touches on the design and functional attributes of diesel engines that contribute to exhaust emissions and provides an overview of major pollutants in diesel engine emissions.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Toxic Effects of Diesel Engine Emissions on Human Health
Heavy Commercial Vehicles Market: A Key Indicator of Growth
HDD Catalysts Present Considerable Opportunities for the Emission Control Catalysts Market
Pivotal Role of Trucks in Road Transport & Increased Need to Curb Truck Exhaust Pollution Spur Market Growth
Municipal Authorities Prioritize HDD Catalysts in Trucking Fleet
Despite Threat from CNG Buses, Diesel Engine-Powered Transit Buses Remain Lucrative for HDD Catalysts Market
With Diesel Powered Buses Expected to Remain the Prominent Bus Types Globally, HDD Catalysts Market Poised to Benefit
Mechanization of Agricultural Activities and Rise in Use of Diesel-Powered Agricultural Machinery Augurs Well for the Market
Percentage of Mechanization in Agriculture in Select Countries
Long-term Prospects for Infrastructure Projects to Fuel Demand for Construction Machinery, Presenting Growth Opportunities for HDD Catalysts Market
COVID-19 Dents Prospects in Construction Industry, Impacting Sales of Construction Equipment
Diesel Oxidation Catalyst (DOC): The Widely Used HDD Catalyst
Diesel Particulate Filters Find Prominence in Controlling Particulates
SCR Emerges as a Prolific Tool for NOx Reduction
Aftermarket Segment Offers Opportunities for HDD Catalysts Market
PGMs: Vital Components in Manufacture of HDD Catalysts
Palladium Rapidly Gaining Ground over Platinum
Manufacturers Prioritize Thrifting Approach for Reducing the Cost Impact of PGMs
Pre-Thrifting Vs. Post-Thrifting Cost Structure: A Statistical Comparison
Growing Use of Natural Gas in Heavy Vehicles to Dent Prospects for HDD Vehicles, Affect Demand for HDD Catalysts
Shift towards Electric Vehicles Presents a Threat to HDD Catalysts Market

FOCUS ON SELECT PLAYERS (Total 40 Featured)

BASF SE
Clariant AG
Enerburn, Inc.
Ibiden Co., Ltd.
Honeywell UOP
Johnson Matthey PLC
Clean Diesel Technologies
N.E. Chemcat Corporation
Shell Plc
Umicore NV

For more information about this report visit https://www.researchandmarkets.com/r/vpbgdx

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