Global Automotive Exhaust Gas Aftertreatment Market Overview:
As per MRFR analysis, the Automotive Exhaust Gas Aftertreatment Market Size was estimated at 39.51 (USD Billion) in 2022. The Automotive Exhaust Gas Aftertreatment Market Industry is expected to grow from 42.86 (USD Billion) in 2023 to 89.36 (USD Billion) by 2032. The Automotive Exhaust Gas Aftertreatment Market CAGR (growth rate) is expected to be around 8.5% during the forecast period (2024 - 2032).
Key Automotive Exhaust Gas Aftertreatment Market Trends Highlighted
The growing environmental concerns and stringent emission regulations worldwide are driving the automotive exhaust gas aftertreatment market. Governments are implementing stricter emissions standards to reduce air pollution and promote sustainable transportation. This has led to increased adoption of exhaust gas aftertreatment systems in vehicles.
Key market drivers include rising awareness about the adverse effects of vehicle emissions, technological advancements in emission control systems, and government incentives for eco-friendly vehicles. Emerging economies in Asia-Pacific and Latin America are expected to offer significant opportunities for market growth due to increasing vehicle production and urbanization.
Recent trends in the market include the development of advanced aftertreatment technologies such as selective catalytic reduction (SCR) and diesel particulate filters (DPFs), which provide higher emission reduction efficiency. Additionally, increasing investment in research and development is leading to the introduction of lightweight and compact aftertreatment systems, as well as systems that can handle higher exhaust temperatures.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Exhaust Gas Aftertreatment Market Drivers
Increasing Stringency of Emission Regulations
Governments worldwide are implementing increasingly stringent emission regulations to reduce air pollution and protect public health. These regulations are driving the demand for advanced automotive exhaust gas aftertreatment systems, as they can effectively reduce harmful emissions such as nitrogen oxides (NOx), particulate matter (PM), and carbon monoxide (CO). For instance, the European Union has implemented the Euro 6 emission standards, which require new vehicles to meet significantly lower emission limits compared to previous standards.Similarly, China has implemented the China VI emission standards, which are based on the Euro 6 standards and are expected to be even more stringent. These regulations are expected to continue to drive the growth of the Automotive Exhaust Gas Aftertreatment Market Industry over the forecast period.
Rising Demand for Fuel-Efficient Vehicles
The increasing demand for fuel-efficient vehicles is another major driver of the Automotive Exhaust Gas Aftertreatment Market Industry. As consumers become more environmentally conscious and fuel prices continue to rise, they are opting for vehicles that offer better fuel economy. Automotive exhaust gas aftertreatment systems play a crucial role in improving fuel efficiency by reducing engine emissions and optimizing engine performance. For instance, diesel particulate filters (DPFs) can reduce particulate matter emissions by up to 95%, which can lead to improved fuel economy.As the demand for fuel-efficient vehicles continues to grow, the demand for automotive exhaust gas aftertreatment systems is also expected to increase.
Technological Advancements
Technological advancements are also driving the growth of the Automotive Exhaust Gas Aftertreatment Market Industry. Manufacturers are developing new and innovative technologies to improve the performance and efficiency of automotive exhaust gas aftertreatment systems. For instance, selective catalytic reduction (SCR) systems are becoming increasingly popular as they can effectively reduce NOx emissions by up to 90%. Similarly, diesel oxidation catalysts (DOCs) are being used to reduce particulate matter emissions and improve fuel economy.These technological advancements are expected to continue to drive the growth of the market over the forecast period.
Automotive Exhaust Gas Aftertreatment Market Segment Insights:
Automotive Exhaust Gas Aftertreatment Market Technology Insights
Technology Segment Insights and Overview The Automotive Exhaust Gas Aftertreatment Market is segmented into various technologies, including Three-Way Catalysts, Diesel Particulate Filters, Selective Catalytic Reduction, Lean NOx Traps, and Diesel Oxidation Catalysts. Each technology serves a specific purpose in reducing harmful emissions from vehicle exhaust systems. Three-Way Catalysts (TWCs) are widely used in gasoline-powered vehicles and are designed to convert hydrocarbons, carbon monoxide, and nitrogen oxides (NOx) into less harmful substances.TWCs accounted for a significant share of the market in 2023 and are projected to maintain their dominance throughout the forecast period.
Diesel Particulate Filters (DPFs) are specifically designed for diesel-powered vehicles and are highly effective in capturing and removing particulate matter (PM) from exhaust gases. The increasing adoption of diesel engines in commercial and passenger vehicles is expected to drive the growth of the DPF segment. Selective Catalytic Reduction (SCR) systems utilize urea or ammonia to reduce NOx emissions in diesel engines.SCR technology has gained significant traction due to its high efficiency and ability to meet stringent emission regulations. It is expected to witness robust growth in the coming years. Lean NOx Traps (LNTs) are used in gasoline-powered vehicles and are designed to store NOx under lean operating conditions and release it during richer conditions for reduction. LNTs are projected to gain market share as they offer a cost-effective solution for NOx reduction. Diesel Oxidation Catalysts (DOCs) are primarily used in diesel engines to oxidize hydrocarbons and carbon monoxide into less harmful substances.DOCs play a crucial role in reducing emissions and improving engine performance.
The segment is expected to experience steady growth over the forecast period. The Automotive Exhaust Gas Aftertreatment Market revenue is expected to grow significantly in the coming years, driven by stringent emission regulations, increasing vehicle production, and technological advancements. The market is characterized by intense competition among global and regional players, with ongoing research and development efforts to enhance the efficiency and performance of exhaust gas aftertreatment systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Exhaust Gas Aftertreatment Market Fuel Type Insights
The Automotive Exhaust Gas Aftertreatment Market is segmented into fuel types, including gasoline, diesel, and alternative fuels (CNG, LPG, etc.). In 2023, gasoline-powered vehicles held the largest market share due to their widespread adoption and relatively lower emissions compared to diesel engines. However, diesel vehicles are expected to witness significant growth in the coming years, driven by increasing demand for commercial vehicles and the implementation of stricter emission regulations. Alternative fuels, such as CNG and LPG, are gaining popularity due to their lower carbon footprint and cost-effectiveness, but their market share is currently limited.
Automotive Exhaust Gas Aftertreatment Market Vehicle Type Insights
The Automotive Exhaust Gas Aftertreatment Market is segmented by Vehicle Type into Passenger Cars, Commercial Vehicles (Light-Duty, Medium-Duty, Heavy-Duty), and Off-Highway Vehicles. Among these, the Passenger Cars segment is anticipated to capture a significant percentage of the market revenue in 2023, owing to the rising demand for personal vehicles and increasing environmental concerns.
The Commercial Vehicles segment is projected to exhibit steady growth due to the expansion of the transportation and logistics industries, leading to a surge in demand for commercial vehicles.On the other hand, the Off-Highway Vehicles segment is expected to witness considerable growth over the forecast period, primarily driven by the increasing popularity of recreational activities and the growing construction sector. Overall, the Vehicle Type segment of the Automotive Exhaust Gas Aftertreatment Market offers diverse opportunities for growth, catering to the specific requirements of various vehicle types and end-use industries.
Automotive Exhaust Gas Aftertreatment Market Emission Standards Insights
The tightening of emission standards worldwide is a major driver for the growth of the automotive exhaust gas aftertreatment market. Stringent emission norms, such as Euro 6/VI, EPA Tier 4 Final, China 6, and Bharat Stage VI, have been implemented in various regions to reduce harmful emissions from vehicles. These standards mandate the use of advanced exhaust gas aftertreatment technologies, such as diesel particulate filters (DPFs), selective catalytic reduction (SCR) systems, and three-way catalytic converters (TWCs), to meet the prescribed emission limits.The implementation of these standards has led to a significant increase in the demand for automotive exhaust gas aftertreatment systems, driving the growth of the market. In 2023, the Automotive Exhaust Gas Aftertreatment Market revenue was valued at 42.86 USD Billion, and it is projected to reach 89.36 USD Billion by 2032, exhibiting a CAGR of 8.5% during the forecast period.
Automotive Exhaust Gas Aftertreatment Market Aftertreatment System Design Insights
The Automotive Exhaust Gas Aftertreatment Market is segmented by aftertreatment system design into close-coupled, underfloor, and rooftop. The close-coupled segment is expected to account for the largest market share in 2023, owing to its ability to reduce emissions close to the engine, resulting in improved fuel efficiency. The underfloor segment is projected to witness significant growth over the forecast period due to its ability to accommodate larger aftertreatment systems and meet increasingly stringent emission regulations.
The rooftop segment is anticipated to hold a smaller market share compared to close-coupled and underfloor systems but is expected to gain traction in the coming years due to its suitability for heavy-duty vehicles and buses.In 2023, the close-coupled segment is valued at 15.61 billion USD and is projected to reach 27.32 billion USD by 2032, exhibiting a CAGR of 6.2%. The underfloor segment is valued at 12.34 billion USD in 2023 and is anticipated to reach 21.47 billion USD by 2032, growing at a CAGR of 6.9%. The rooftop segment is valued at 4.91 billion USD in 2023 and is projected to reach 8.57 billion USD by 2032, demonstrating a CAGR of 6.5%.
Automotive Exhaust Gas Aftertreatment Market Regional Insights
The regional segmentation of the Automotive Exhaust Gas Aftertreatment Market offers valuable insights into the market's geographical distribution and growth patterns. North America, Europe, APAC, South America, and MEA are the key regions analyzed in the report. North America holds a significant share of the Automotive Exhaust Gas Aftertreatment Market revenue, driven by stringent emission regulations and increasing adoption of advanced technologies.
Europe follows closely, with a mature market and high demand for fuel-efficient vehicles.APAC is projected to witness substantial growth in the coming years due to rising vehicle production and increasing environmental awareness. South America and MEA represent emerging markets with growing potential for automotive exhaust gas aftertreatment solutions. These regions are experiencing economic development and increasing vehicle ownership, which is expected to drive market growth in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Exhaust Gas Aftertreatment Market Key Players And Competitive Insights:
Major players in the Automotive Exhaust Gas Aftertreatment Market industry are focusing on developing innovative technologies to meet stringent emission regulations and cater to the growing demand for eco-friendly vehicles. Leading Automotive Exhaust Gas Aftertreatment Market players are investing in research and development to enhance the efficiency and performance of their products. The Automotive Exhaust Gas Aftertreatment Market is witnessing a surge in mergers and acquisitions as companies seek to expand their market share and gain access to new technologies.
The Automotive Exhaust Gas Aftertreatment Market Competitive Landscape is expected to remain highly competitive in the coming years, with major players vying for market dominance.A prominent player in the Automotive Exhaust Gas Aftertreatment Market, Tenneco has a strong global presence and offers a wide range of exhaust gas aftertreatment solutions for various vehicle types.The company's focus on innovation has led to the development of advanced technologies, such as its SCR (Selective Catalytic Reduction) systems, which are designed to reduce nitrogen oxide (NOx) emissions. Tenneco's commitment to sustainability and its extensive distribution network have contributed to its success in the Automotive Exhaust Gas Aftertreatment Market.
Another key player in the Automotive Exhaust Gas Aftertreatment Market, Faurecia, is known for its expertise in emission control technologies. The company's products include catalytic converters, particulate filters, and exhaust gas recirculation systems. Faurecia has a strong presence in Europe and Asia and is expanding its operations in North America. The company's focus on customer satisfaction and its commitment to providing high-quality products have made it a preferred supplier for many automotive manufacturers.
Key Companies in the Automotive Exhaust Gas Aftertreatment Market Include:
- Catalytic Converter Corporation
- Clarios
- Heraeus Holding GmbH
- Rheinmetall
- Donaldson Company
- Eminox Limited
- NGK Spark Plug Co., Ltd.
- HJS Emission Technology
- BorgWarner
- Johnson Matthey
- Magna International
- Eberspächer Group
- Benteler
- Faurecia
- Tenneco
Automotive Exhaust Gas Aftertreatment Market Industry Developments
The Automotive Exhaust Gas Aftertreatment Market is projected to reach USD 42.86 billion by 2023, exhibiting a CAGR of 8.5% during the forecast period (2024-2032). Increasing environmental concerns and stringent emission regulations have driven the adoption of exhaust gas aftertreatment systems in vehicles. Diesel engines, in particular, require these systems to meet emission standards. Key industry trends include the growing popularity of electric vehicles, which do not require exhaust gas aftertreatment systems.
However, the market for exhaust gas aftertreatment systems is expected to remain robust in the coming years, driven by the increasing production of gasoline-powered vehicles in emerging markets. Recent developments in the market include the introduction of new technologies such as selective catalytic reduction (SCR) and diesel particulate filters (DPFs), which offer improved emission control efficiency.
Automotive Exhaust Gas Aftertreatment Market Segmentation Insights
Automotive Exhaust Gas Aftertreatment Market Technology Outlook
-
- Three-Way Catalysts
- Diesel Particulate Filters
- Selective Catalytic Reduction
- Lean NOx Traps
- Diesel Oxidation Catalysts
Automotive Exhaust Gas Aftertreatment Market Fuel Type Outlook
-
- Gasoline
- Diesel
- Alternative Fuels (CNG, LPG, etc.)
Automotive Exhaust Gas Aftertreatment Market Vehicle Type Outlook
-
- Passenger Cars
- Commercial Vehicles (Light-Duty, Medium-Duty, Heavy-Duty)
- Off-Highway Vehicles
Automotive Exhaust Gas Aftertreatment Market Emission Standards Outlook
-
- Euro 6/VI
- EPA Tier 4 Final
- China 6
- Bharat Stage VI
Automotive Exhaust Gas Aftertreatment Market Aftertreatment System Design Outlook
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- Close-Coupled
- Underfloor
- Rooftop
Automotive Exhaust Gas Aftertreatment Market Regional Outlook
-
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
39.51 (USD Billion) |
| Market Size 2023 |
42.86 (USD Billion) |
| Market Size 2032 |
89.36 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.5% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Catalytic Converter Corporation, Clarios, Heraeus Holding GmbH, Rheinmetall, Donaldson Company, Eminox Limited, NGK Spark Plug Co., Ltd., HJS Emission Technology, BorgWarner, Johnson Matthey, Magna International, Eberspächer Group, Benteler, Faurecia, Tenneco |
| Segments Covered |
Technology, Fuel Type, Vehicle Type, Emission Standards, Aftertreatment System Design, Regional |
| Key Market Opportunities |
Diesel Aftertreatment Solutions Demand Rise Government Regulations Stringency Electric Vehicle Expansion Selective Catalytic Reduction Systems Growth Aftermarket Exhaust System Upgrades |
| Key Market Dynamics |
Increasing Emission Regulations Rising Demand for Electrified Vehicles Technological Advancements Government Initiatives Growing Consumer Awareness |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
In 2023, the Automotive Exhaust Gas Aftertreatment Market is estimated to be valued at approximately 42.86 billion USD.
The market is projected to grow at a CAGR of 8.5% from 2024 to 2032, reaching an estimated valuation of 89.36 billion USD by 2032.
Asia-Pacific is expected to dominate the Automotive Exhaust Gas Aftertreatment Market due to increasing vehicle production and stringent emission regulations in countries like China and India.
Automotive exhaust gas aftertreatment systems are primarily used in passenger cars, light commercial vehicles, and heavy-duty vehicles to reduce harmful emissions such as nitrogen oxides (NOx), carbon monoxide (CO), and particulate matter (PM).
Major players in the Automotive Exhaust Gas Aftertreatment Market include BorgWarner, Tenneco, Faurecia, Johnson Matthey, and Eberspächer.
Increasing environmental concerns, stringent emission regulations, technological advancements, and rising demand for cleaner vehicles are driving the growth of the automotive exhaust gas aftertreatment market.
High manufacturing costs, raw material price fluctuations, and technological complexities pose challenges to the growth of the automotive exhaust gas aftertreatment market.
Advancements in catalytic converter technology, integration of sensors and electronics, and the development of new aftertreatment systems for electric and hybrid vehicles are emerging trends in the market.
The COVID-19 pandemic had a negative impact on the automotive industry, leading to a decline in vehicle production and sales. However, the market is expected to recover as the automotive industry recovers and emission regulations become more stringent.
The future of the automotive exhaust gas aftertreatment market is promising due to increasing environmental awareness, technological advancements, and the growing adoption of electric and hybrid vehicles.
