Catalyst Market Due for Extensive Growth

Globally, vehicle emission legislations are tightening. This will have a major impact on the growth of the automotive catalyst market based on vehicle emission regulations that have already been implemented for all heavy duty diesel (HDD) vehicles in Europe in October 2006 and in the United States in January 2007.

The automotive catalyst market was almost non-existent in 2005. It is expected to grow into a billion dollar market by 2010 due to the new legislation for heavy duty diesel engines. The market is likely to get a further boost by 2011 when legislation for off-road or non-road diesel engines is also going to be implemented. Non-road diesel engine legislation will require industries such as construction, agriculture and mining to adhere to the same emission standards as HDD vehicles.

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About catalysts for non-road and heavy duty diesel vehicles.