A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction (an oxidation and a reduction reaction). Catalytic converters are usually used with internal combustion engines fueled by either gasoline or diesel—including lean-burn engines as well as kerosene heaters and stoves.
The rising strict emission norms for two-wheelers is one of the primary drivers for market growth. The increasing levels of vehicular emissions is inducing the governments of developing countries such as India and China to raise the stringency levels of two-wheeler emission norms. This, in turn, is foreseen to drive the requirement for catalytic converters. As a result, two-wheelers will be equipped with enhanced substrates to adhere to the proposed emission standards. Moreover, these additions of substrates and other emission control kits are likely to increase the price of two-wheelers over the next four years. Furthermore, with the government of India elevating its emission standards, the two-wheeler market in the country is expected to see a bigger penetration of fuel-injected vehicles.
APAC led the two-wheeler catalytic converter market during 2019 and is anticipated to continue the dominion during the forecast period. The increasing sales of two-wheelers, rising levels of traffic congestion, rising fuel rates, and an economical price tag, drives the growth of the two-wheeler market, which in turn, propelling market growth.
The Global Two-Wheeler Catalytic Converter Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Two-Wheeler Catalytic Converter Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Continental Emitec
Varroc Group
Bekaert
Munjal Auto Industries
Badve Group


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Selective Catalytic Reduction (SCR)
Lean NOx Catalysts (LNC)
Lean NOx Trap (LNT)
Others

In Market segmentation by applications :
Entry-Level Segment
Mid-Size Segment
Full-Size Segment

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Two-Wheeler Catalytic Converter Market for the forecast period 2023-2030?
• What are the driving forces in the Two-Wheeler Catalytic Converter Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Two-Wheeler Catalytic Converter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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