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(IT-NEWSWIRE.COM, August 08, 2017 ) Strict regulations set by government bodies in several countries are influencing the demand for industrial catalytic converters. On the other hand, shift towards electric vehicles by automobile industry acts as a restraint for the global industrial catalytic converters market. Increasing industrialization across the globe in industries can foster a strong potential opportunity for this market. However, volatile prices of some of the metals used in the manufacturing of industrial catalytic converters pose a major challenge for the market.
For more information http://www.reportsweb.com/industrial-catalytic-converters-global-market-outlook-2016-2022
Asia Pacific is the major revenue generating region, followed by Europe and then North America. The demand for industrial catalytic converters in Asia Pacific is attributed to the constant growth of chemical and textile sectors in the region. Europe is observed as a lucrative market for the industry, due to the emerging emission standards for the reduction of carbon monoxide from various industries. Also, Europe and North America show potential opportunities for the market, as the regions are hubs for chemical manufacturing.
Some of the key players in the market include Bosal, Wuxi Weifu Lida Catalytic Converter, Teco Limited, Standard Teco, Ningbo Kesen Exhaust Gas Cleaner Manufacturing, Katcon, Dcl International Inc, Catalytic Products International and AP Exhaust Products.
End Users Covered: -Automobile -Chemical -Metal and Mining -Oil and Gas -Textile
Applications Covered: -Air Compressors -Construction Equipment -Drilling and Well-Digging Machines -Forklifts, Cranes and Lifting Equipment -Furnace and Chimney -Pile Drivers and Bridge-Building Machinery -Portable Generators, Portable Heaters -Other Applications
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001792580/sample
Types Covered: -Two-Way -Three-Way
Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan-China-India-Australia-New Zealand-Rest of Asia Pacific -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
10 Company Profiling 10.1 Bosal 10.2 Wuxi Weifu Lida Catalytic Converter 10.3 Teco Limited 10.4 Standard Teco 10.5 Ningbo Kesen Exhaust Gas Cleaner Manufacturing 10.6 Katcon 10.7 Dcl International Inc 10.8 Catalytic Products International 10.9 AP Exhaust Products
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001792580/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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