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

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 sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and research platformComplimentary updates for one yearAccess 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 HealthHeavy Commercial Vehicles Market: A Key Indicator of GrowthHDD Catalysts Present Considerable Opportunities for the Emission Control Catalysts MarketPivotal Role of Trucks in Road Transport & Increased Need to Curb Truck Exhaust Pollution Spur Market GrowthMunicipal Authorities Prioritize HDD Catalysts in Trucking FleetDespite Threat from CNG Buses, Diesel Engine-Powered Transit Buses Remain Lucrative for HDD Catalysts MarketWith Diesel Powered Buses Expected to Remain the Prominent Bus Types Globally, HDD Catalysts Market Poised to BenefitMechanization of Agricultural Activities and Rise in Use of Diesel-Powered Agricultural Machinery Augurs Well for the MarketPercentage of Mechanization in Agriculture in Select CountriesLong-term Prospects for Infrastructure Projects to Fuel Demand for Construction Machinery, Presenting Growth Opportunities for HDD Catalysts MarketCOVID-19 Dents Prospects in Construction Industry, Impacting Sales of Construction EquipmentDiesel Oxidation Catalyst (DOC): The Widely Used HDD CatalystDiesel Particulate Filters Find Prominence in Controlling ParticulatesSCR Emerges as a Prolific Tool for NOx ReductionAftermarket Segment Offers Opportunities for HDD Catalysts MarketPGMs: Vital Components in Manufacture of HDD CatalystsPalladium Rapidly Gaining Ground over PlatinumManufacturers Prioritize Thrifting Approach for Reducing the Cost Impact of PGMsPre-Thrifting Vs. Post-Thrifting Cost Structure: A Statistical ComparisonGrowing Use of Natural Gas in Heavy Vehicles to Dent Prospects for HDD Vehicles, Affect Demand for HDD CatalystsShift towards Electric Vehicles Presents a Threat to HDD Catalysts Market

FOCUS ON SELECT PLAYERS (Total 40 Featured)

BASF SEClariant AGEnerburn, Inc.Ibiden Co., Ltd.Honeywell UOPJohnson Matthey PLCClean Diesel TechnologiesN.E. Chemcat CorporationShell PlcUmicore NV

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

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