Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Catalytic Converters
Overview
Market size
$21.3B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
7
tracked players
Signals
12
1 high severity
Market outlook
2031$26.8B
What changed
Demand by region
Asia Pacific demand45%
Europe demand22%
North America demand20%
Latin America demand7%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Platinum Group Metals (PGMs)55%
Substrate and Metal Housing Fabrication25%
Labor and Manufacturing Overhead12%
Logistics and Distribution8%
share of delivered cost (analyst estimate)