According to the research report “Global Catalytic Converter Market Outlook, 2030” published by Bonafide Research, the global Catalytic converter market is projected to reach market size of USD 132.21 Billion by 2030 increasing from USD 82.45 Billion in 2024, growing with 8.36% CAGR by 2025-30
Top Six Companies Global Catalytic converter Market
Marelli Holdings Co., Ltd: Marelli Holdings Co., Ltd. operates as an automotive company. The Company provides cockpit modules, interior and electronic, thermal systems, compressor, and heat exchange products. Marelli Holdings also offers console, instrument panels, steering member, inverter, blower motor, exhaust system, mufflers, rotary and variable compressors, condensers, and radiators. Marelli Holdings Co., Ltd. (formerly Magneti Marelli and Calsonic Kansei) is a global leader in automotive exhaust systems, specializing in high-efficiency catalytic converters for gasoline, diesel, and hybrid engines. Their technology focuses on advanced aftertreatment, utilizing both ceramic and metallic monoliths coated with precious metals like platinum, palladium, and rhodium to convert harmful pollutants into less toxic gases.
• Established: 2019
• Headquarters: Saitama City, Japan
• Employees: 40,000
• Revenue: Estimated USD 10,600 Million
Forvia SE: Forvia SE (Forvia) is a manufacturer of automotive equipment. The company designs develops and supplies seat components such as frames, adjustment mechanisms, motors, padding, seat covers, electronic and pneumatic systems and accessories and foams. It also provides vehicle interior products such as instrument panels, modules and door panels, and acoustic products. It manufactures automotive exteriors such as front-end carriers, bumpers, and engine cooling systems. Forvia SE, formed from the merger of Faurecia and HELLA, designs and manufactures catalytic converters as a core part of its global emissions control and exhaust aftertreatment portfolio. Its catalytic converters reduce harmful pollutants such as carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxides (NOx) by using advanced precious-metal catalysts and optimized substrates to meet stringent global emissions regulations, including Euro, China, and U.S. standards.
• Established: 1914
• Headquarters: Nanterre, France
• Employees: 153,000
• Revenue: USD 31,892 Million
Corning Incorporated: Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Corning has expanded this portfolio to include FLORA substrates, designed to heat up faster and reduce emissions during the critical "cold-start" period, and DuraTrap® filters, which trap microscopic soot particles in both gasoline and diesel engines. Corning Incorporated (Corning) engaged in the development and manufacturing of glass, ceramics, and optical physics products. The company's activities include producing optical communications solutions, display technologies, specialty materials, environmental technologies, and life sciences products.
• Established: 1851
• Headquarters: New York, United States
• Employees: 54,000
• Revenue: USD 13,118 Million
Tenneco Inc: Tenneco Inc (Tenneco) is a designer, manufacturer and distributor of automotive products. Its products portfolio includes powertrain products such as cylinder liners and pistons, chassis parts, shock absorbers and struts, emissions control products including catalytic converters, braking products, gaskets and seals, heat exchangers and related thermal management products, muffler and resonator tuning devices, exhaust system isolators and modular exhaust dampers and lightweight hanger solutions among others. Tenneco Inc., through its Clean Air business unit, is a global leader in designing and manufacturing advanced catalytic converters and emission control systems for both original equipment (OE) and the aftermarket. Their technology focuses on helping vehicle manufacturers meet stringent global regulations like Euro 6d/7, China 6, and Bharat 6. Tenneco’s portfolio features a variety of specialized components, including Three-Way Catalysts (TWC) for gasoline engines and complex systems for diesel applications such as Selective Catalytic Reduction (SCR) converters and Diesel Oxidation Catalysts (DOC).
• Established: 1940
• Headquarters: Michigan, United States
• Employees: 65,000
• Revenue: Estimated USD 19,000 Million
BASF SE: BASF SE (BASF) is a chemical company. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. BASF SE, through its Environmental Catalyst and Metal Solutions (ECMS) division, is a global powerhouse in the development of emissions control technologies, having pioneered the first three-way catalytic converter in the 1970s. Today, their product lineup is anchored by the innovative FWC (Four-Way Conversion Catalyst), which integrates the filtration of particulate matter with the gaseous conversion of CO, HC, and NOx into a single honeycomb component saving significant space in modern engine compartments.
• Established: 1865
• Headquarters: Ludwigshafen, Germany
• Employees: 111,991
• Revenue: USD 77,701 Million
Benteler International AG: Benteler International AG (Benteler) is a management holding group engaged in the development, manufacturing, and sale of products, systems, and services for the automotive, industrial, and energy sectors. The company's main activities include the production of vehicle components, modules, and steel tubes. Its product portfolio includes ready-to-install modules, components, and parts for automotive bodies, chassis, and engines. Benteler International AG, primarily through its Engine and Exhaust Systems business unit, specializes in high-performance emission control components that bridge the gap between metal processing and advanced electronics. While many competitors focus on the chemical catalyst coating, Benteler's competitive edge lies in the electrically heated catalytic converter (EHC).
• Established: 1876
• Headquarters: Salzburg, Austria
• Employees: 18,000
• Revenue: USD 9,659 Million
URL: Global Catalytic Converter Market