Emission Control Catalyst Market

Emission Control Catalyst Market

Emission Control Catalyst Market: High Demand to be Witnessed from China During the Forecast Period: Global Industry Analysis (2013-2017) & Opportunity Assessment (2018-2028)

  • XPLREP2395

  • May, 2018

  • 296 Pages

  • Machines

An Overview of the Global Emission Control Catalyst Market with Reference to the Global Chemicals and Materials Industry Outlook

Recycle and reuse practices are impacting the sales of virgin materials, resulting into lesser dependency on volume-driven growth. New materials are showcasing potential for driving value-based growth, but chemical companies are still some time away from achieving voluminous production, while maintaining high quality at the same time. Barring few exceptions, a majority of players are still prioritizing short-term volume growth over long-term value growth. Pressure on improving bottom-line is influencing manufacturers to improve efficiency and reduce operational costs. The impact of value-driven growth may not be visible in the short-term, but long-term outlook remains in favor of a balanced approach between value and volume.

Manufacturers continue seeking low-priced feedstock in a bid to marginally reduce pre-production costs. Industry leaders are joining forces to replace fossil fuel-derived feedstock with bio-based alternatives. However, concerns related to producing affordable and sustainable feedstock at mass scale remains a challenge. Access to quality and affordable feedstock will continue to remain a focus area for manufacturers. Chemical manufacturing processes are running on limited energy, while volume of feedstock is getting stranded at ports as disapproval from import authorities keeps disrupting supply chains in sectors, such as oleochemicals and petrochemicals industries.

Chemical manufacturers have promised support and adherence to governments & regional authorities that are committing towards green, sustainable initiatives. Development of bio-alternatives is gaining momentum. Research & academic institutes are teaming up with manufacturers to formulate sustainable substitutes for commonly-used chemical substrates. Many companies are keeping a close eye on advancements in “green chemistry.” Shift towards eco-friendly chemicals will gain momentum in the future on the back of government regulations and end-user preference. Rising costs of fossil fuels will also instrument the upsurge for sustainable chemicals manufacturing.

Purchase Options
Emission Control Catalyst Market: High Demand to be Witnessed from China During the Forecast Period: Global Industry Analysis (2013-2017) & Opportunity Assessment (2018-2028)
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Popular Reports

report
Automotive Exterior Trim Parts Market - Global Industry Analysis and Opportunity Assessment, 2020-2030

XploreMR published its recent market research report on the global automotive exterior trim parts market, which comprises the global industry analysis for 2015-2019 & opportunity assessment for 20 ...

report
Adas Sensors Market - Global Industry Analysis and Opportunity Assessment, 2020-2030

ADAS Sensors Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030 A recent market study published by XploreMR on the ADAS Sensors market includes the global industry anal ...