Two-Wheeler Catalytic Converter Market Report: Trends, Forecast and Competitive Analysis to 2030

Two-Wheeler Catalytic Converter Trends and Forecast

The future of the global two-wheeler catalytic converter market looks promising with opportunities in the entry-level segment, mid-size segment, and full-size segment markets. The global two-wheeler catalytic converter market is expected to reach an estimated $787.3 million by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing acceptance of two-wheelers as a cost-effective and efficient form of transportation, particularly in crowded cities, increasing desire for two-wheelers that are greener and cleaner, as well as, rising levels of traffic congestion due to increased urbanization.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Two-Wheeler Catalytic Converter by Segment

The study includes a forecast for the global two-wheeler catalytic converter by type, application, and region.

Two-Wheeler Catalytic Converter Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Selective Catalytic Reduction (SCR)
• Lean NOx Catalysts (LNC)
• Lean NOx Trap (LNT)
• Others

Two-Wheeler Catalytic Converter Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Entry-Level Segment
• Mid-Size Segment
• Full-Size Segment

Two-Wheeler Catalytic Converter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Two-Wheeler Catalytic Converter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies two-wheeler catalytic converter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the two-wheeler catalytic converter companies profiled in this report include-

• Continental Emitec
• Varroc
• Bekaert
• Munjal Auto Industries
• Badve

Two-Wheeler Catalytic Converter Market Insights

Lucintel forecasts that selective catalytic reduction (SCR) is expected to witness the highest growth over the forecast period because it aids in lowering emissions of nitrogen oxides (NOx) by infusing a urea-based solution that transforms NOx into innocuous nitrogen and water.

APAC will remain the largest region over the forecast period because of traffic jams, gas prices, and budget-conscious purchasing patterns, as well as, geared motorcycles and gearless scooters that are inexpensive, powerful, and suitable for daily commuting.

Features of the Global Two-Wheeler Catalytic Converter Market

Market Size Estimates: Two-wheeler catalytic converter market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Two-wheeler catalytic converter market size by type, application, and region in terms of value ($M).

Regional Analysis: Two-wheeler catalytic converter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the two-wheeler catalytic converter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the two-wheeler catalytic converter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the two-wheeler catalytic converter market size?

Answer: The global two-wheeler catalytic converter market is expected to reach an estimated $787.3 million by 2030.

Q2. What is the growth forecast for two-wheeler catalytic converter market?

Answer: The global two-wheeler catalytic converter market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the two-wheeler catalytic converter market?

Answer: The major drivers for this market are growing acceptance of two-wheelers as a cost-effective and efficient form of transportation, particularly in crowded cities, increasing desire for two-wheelers that are greener and cleaner, as well as, rising levels of traffic congestion due to increased urbanization.

Q4. What are the major segments for two-wheeler catalytic converter market?

Answer: The future of the global two-wheeler catalytic converter market looks promising with opportunities in the entry-level segment, mid-size segment, and full-size segment markets.

Q5. Who are the key two-wheeler catalytic converter market companies?

Answer: Some of the key two-wheeler catalytic converter companies are as follows:

• Continental Emitec
• Varroc
• Bekaert
• Munjal Auto Industries
• Badve

Q6. Which two-wheeler catalytic converter market segment will be the largest in future?

Answer: Lucintel forecasts that selective catalytic reduction (SCR) is expected to witness the highest growth over the forecast period because it aids in lowering emissions of nitrogen oxides (NOx) by infusing a urea-based solution that transforms NOx into innocuous nitrogen and water.

Q7. In two-wheeler catalytic converter market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because of traffic jams, gas prices, and budget-conscious purchasing patterns, as well as, geared motorcycles and gearless scooters that are inexpensive, powerful, and suitable for daily commuting.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the two-wheeler catalytic converter market by type (selective catalytic reduction (SCR), lean NOx catalysts (LNC), lean NOx trap (LNT), and others), application (entry-level segment, mid-size segment, and full-size segment), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?