Emission Control Technology Market – By Technology, By Fuel Type, By Material, By Vehicle Type, By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030

Report Code: AM 91422 Report Format: PDF + Excel

Emission Control Technology Market Overview 

Emission Control Technology Market is forecast to reach $54 billion by 2030, after growing at a CAGR of 8.4% during 2024-2030. Emission control technology refers to a range of techniques, systems, and technologies designed to reduce or eliminate the release of harmful pollutants into the environment. The emission control technology market is driven by government regulations, environmental policies, international agreements such as the Paris Agreement that focus on reducing emissions and the growing public awareness and demand for cleaner and sustainable solutions. 

A major trend in Emission Control Technology market is the transition to hybrid vehicles and Plug-in Hybrid Electric Vehicle (PHEV) as these vehicles require different components to manage emissions. As per International Energy Agency’s Global EV Outlook 2024, electric car sales keep rising and could reach around 17 million in 2024, accounting for more than one in five cars sold worldwide. Rise in sales of vehicles worldwide is also a reason for the adoption and development of emission control technologies. Vehicle combustion engines release a variety of pollutants, such as particulate matter, ozone, and other emissions that contribute to smog. As more vehicles are on the road, the impact of vehicles emissions increasing significantly. This has led to stringent regulations which eventually led to adoption of emission control technologies.

Market Snapshot: 


Emission Control Technology Market – Report Coverage

The report: “Emission Control Technology Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Emission Control Technology Market. 

Attribute Segment

By Technology
  • Diesel Oxidation Catalyst
  • Diesel Particulate Filter
  • Selective Catalytic Reduction
  • Exhaust Gas Recirculation
  • Gasoline Particulate Filter

By Fuel Type
  • Gasoline
  • Diesel
  • Others

By Material
  • Platinum
  • Palladium
  • Rhodium
  • Others

By Vehicle Type
  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Geography
  • North America (U.S, Canada and Mexico)
  • Europe (UK, Germany, Italy, France, Spain, Netherlands, Belgium, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Malaysia and Rest of Asia Pacific)
  • South America (Brazil, Argentina, Colombia, Chile, and Rest of South America)
  • RoW (Middle East and Africa)

COVID-19 / Ukraine Crisis - Impact Analysis: 

 

  •  Air pollution and greenhouse gas emissions were significantly reduced as a result of the COVID-19 pandemic and the countries subsequent restrictions on travel and other economic activities. Stringent restrictions led to reduced industrial activity, lower vehicle usage and a decline in manufacturing. These factors resulted in reduced demand for new vehicles and other equipment which are the primary consumers of emission control technologies. 
  • A large amount of warming gases have been emitted into the atmosphere as a result of Russia's invasion of Ukraine. Supply chains for essential components required in emission control technology, like semiconductors and rare earth metals, have been disrupted by the conflict. These situations led to delays in manufacturing and rise in cost of emission control technologies.

Key Takeaways
Diesel Particulate Filter is the Largest Segment

Diesel Particulate Filter (DPF) hold the highest market share due to stringent environmental rules. Diesel Particulate Filters serve as a crucial component in modern diesel engine emission control systems. Government emission regulations are raising demand for diesel particulate filters and automotive manufacturing is expanding to support market growth. DPFs are crucial tools in controlling air pollution. These filters are included into the exhaust systems of diesel engines to collect particulate matter (PM), also referred to as soot, which is an undesirable consequence of burning diesel. In March 2024, Environmental Protection Agency (EPA) announced a final rule, Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles, that sets new more protective standards to further reduce harmful air pollutant emissions from light-duty and medium-duty vehicles starting with model year 2027. Such regulations are driving the market growth for the diesel particulate filters globally.

Passenger Vehicles are the Largest Segment 

On the basis of the vehicle type, passenger vehicles type is analyzed to hold the highest market share in 2024. The rise in sales and production of the passenger vehicles globally is driving the growth of passenger vehicles segment in the Emission Control Technology Market. For instance, as per Society of Indian Automobile manufactures, total passenger vehicle sales increased from 3.07 million to 3.89 million units in FY-2022-23, compared to the previous year. As more vehicles are on the road, the cumulative impact of their emissions becomes increasingly significant. As governments implement stricter emission regulations to reduce air pollution and combat climate change, automakers must adopt effective vehicle emission control technologies. 

Europe Leads the Market

Europe dominated the Emission Control Technology market with a market share of 33% in 2023, primarily driven by stringent emission regulations, technological advancements and the region's focus on environmental sustainability. For instance, on 19 April 2023, the European Parliament and the Council amended the regulation to strengthen the CO2 emission performance standards for new passenger cars and vans and bring them in line with the EU’s ambition to reach climate neutrality by 2050. This amendment strengthened the emission targets applying from 2030 and set a 100% emission reduction target for both cars and vans from 2035 onwards. The EU also provided incentive mechanism for zero- and low-emission vehicles (ZLEV) and penalties for excess emissions. If the average CO2 emissions of the manufacturer's fleet exceed its specific emission target in a given year, the manufacturer must pay, for each of its new vehicles registered in that year, an excess emissions premium of approximately $104.6 per g/km of target exceedance. These factors create a favorable environment for the development and adoption of emission control technologies in Europe.

Increase In Automobile Production Boosts the Market

Currently, there is a rise in demand and production of automobile globally. This rise in automobile production globally automatically leads to increased production in demand for emission control technology for emission control devices in automobile exhaust systems. According to a Report By OICA, there is a growth rate of nearly 10.2% in production of vehicles in 2023, when compared with the year 2022. As vehicle manufacturing grows, particularly in emerging markets across Asia and South America, stringent environmental regulations are being enforced to curb pollution and meet international emission standards. Automakers are increasingly integrating advanced emission control systems, such as catalytic converters and particulate filters, to comply with regulations like Euro 6 and China VI. Therefore, increase in automobile production is anticipated to boost the growth of the emission control technology market.

High Cost to Hamper the Market

The initial investment for emission control technologies often includes purchasing specialized equipment, retrofitting existing infrastructure and upgrading processes. These costs can be especially burdensome for smaller businesses and organizations with limited financial resources. The high capital expenditure required upfront creates a barrier to entry, preventing many potential buyers from investing in emission control technologies. Specialized materials like palladium and platinum, which are used in catalytic converters to minimize harmful emissions, are frequently needed for emission control systems. These materials are expensive. For instance, the average catalytic converter has 3 to 7 grams of platinum worth about $100-$237, as per auto nation mobile service. 

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Emission Control Technology Market Key Players 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Emission Control Technology Market. The top 10 players in the Emission Control Technology market are 

 

  1.  Johnson Matthey 
  2. GEA Group Aktiengesellschaft
  3. Umicore 
  4. CDTI Advanced Materials 
  5.  Cormetech 
  6. Ecovyst Inc.
  7. Nett Technologies 
  8. Cataler 
  9. Tenneco
  10. Airex Industries

Scope of the Report:

Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

8.4%

Market Size in 2030

$54 Billion

Segments Covered

By Technology, By Fuel Type, By Material, By Vehicle Type and By Geography

 

Geographies Covered

North America (U.S, Canada and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Malaysia and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America) and RoW (Middle East and Africa)

Key Market Players

1.  Johnson Matthey

2.  GEA Group Aktiengesellschaft

3.  Umicore

4.  CDTI Advanced Materials

5.  Cormetech

6.  Ecovyst Inc.

7.  Nett Technologies

8.  Cataler

9.  Tenneco

10.  Airex Industries

 

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  1 Emission Control Technology Market - Market Overview
          1.1 Definitions and Scope
  2. Emission Control Technology Market- Executive Summary
          2.1 Key Trends by Technology
          2.2 Key Trends by Fuel Type
          2.3 Key Trends by Material
          2.4 Key Trends by Vehicle Type
          2.5 Key Trends by Geography
  3. Emission Control Technology Market– Comparative analysis
          3.1 Market Share Analysis- Major Companies
          3.2 Product Benchmarking- Major Companies
          3.3 Top 5 Financials Analysis
          3.4 Patent Analysis- Major Companies
          3.5 Pricing Analysis (ASPs will be provided)
  4. Emission Control Technology Market- Startup companies Scenario Premium 
          4.1 Major startup company analysis:
                    4.1.1 Investment
                    4.1.2 Revenue
                    4.1.3 Product portfolio
                    4.1.4 Venture Capital and Funding Scenario
  5. Emission Control Technology Market– Industry Market Entry Scenario Premium
          5.1 Regulatory Framework Overview
          5.2 New Business and Ease of Doing Business Index
          5.3 Successful Venture Profiles
          5.4 Customer Analysis – Major companies
  6. Emission Control Technology Market- Market Forces
          6.1 Market Drivers
          6.2 Market Constraints
          6.3 Porters Five Force Model
                    6.3.1 Bargaining Power of Suppliers
                    6.3.2 Bargaining Powers of Buyers
                    6.3.3 Threat of New Entrants
                    6.3.4 Competitive Rivalry
                    6.3.5 Threat of Substitutes
  7. Emission Control Technology Market– Strategic Analysis
          7.1 Value Chain Analysis
          7.2 Opportunity Analysis
          7.3 Product/Market Life Cycle
          7.4 Distributor Analysis – Major Companies 
  8. Emission Control Technology Market– By Technology (Market Size -$Million/Billion)
          8.1 Diesel Oxidation Catalyst
          8.2 Diesel Particulate Filter
          8.3 Selective Catalytic Reduction
          8.4 Exhaust Gas Recirculation 
          8.5 Gasoline Particulate Filter 
          8.6 Others 
  9. Emission Control Technology Market– By Fuel Type (Market Size -$Million/Billion) 
          9.1 Gasoline
          9.2 Diesel
          9.3 Others 
  10. Emission Control Technology Market– By Material (Market Size -$Million/Billion) 
          10.1 Platinum 
          10.2 Palladium 
          10.3 Rhodium 
          10.4 Others
  11. Emission Control Technology Market– By Vehicle Type (Market Size -$Million/Billion)
          11.1 Passenger Vehicles
          11.2 Light Commercial Vehicles
          11.3 Heavy Commercial Vehicles
  12. Emission Control Technology Market - By Geography (Market Size -$Million / $Billion)
          12.1 North America
                    12.1.1 U.S.
                    12.1.2 Canada
                    12.1.3 Mexico
          12.2 Europe
                    12.2.1 Germany
                    12.2.2 France
                    12.2.3 UK
                    12.2.4 Italy
                    12.2.5 Spain
                    12.2.6 Belgium
                    12.2.7 Netherlands
                    12.2.8 Rest of Europe
          12.3 APAC
                    12.3.1 China
                    12.3.2 Japan
                    12.3.3 South Korea
                    12.3.4 India
                    12.3.5 Australia
                    12.3.6 Indonesia
                    12.3.7 Malaysia
                    12.3.8 New Zealand
                    12.3.9 Rest of Asia Pacific 
      12.4 South America
                    12.4.1 Brazil
                    12.4.2 Argentina
                    12.4.3 Chile
                    12.4.4 Colombia
                    12.4.5 Rest of South
          12.5 RoW
                    12.5.1 Middle East
                    12.5.2 Africa
  13. Emission Control Technology Market– Entropy
          13.1 New Product Launches
          13.2 M&As, Collaborations, JVs and Partnerships
  14. Emission Control Technology Market– Industry/Segment Competition Landscape 
          14.1 Company Benchmarking Matrix- Major Companies
          14.2 Market Share at Global Level - Major companies
          14.3 Market Share by Key Region - Major companies
          14.4 Market Share by Key Country - Major companies
          14.5 Market Share by Key Application - Major companies
          14.6 Market Share by Key Product Type/Product category - Major companies
  15. Emission Control Technology Market– Key Company List by Country Premium 
  16. Emission Control Technology Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments 
      16.1 Johnson Matthey 
           16.2 GEA Group Aktiengesellschaft
           16.3 Umicore 
      16.4    CDTI Advanced Materials 
      16.5 Cormetech 
           16.6 Ecovyst Inc.
           16.7 Nett Technologies 
           16.8 Cataler 
           16.9 Tenneco
           16.10 Airex Industries
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LIST OF TABLES

1.Global EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
1.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Global Industry Research
1.2 Diesel Particulate Filter Market 2023-2030 ($M) - Global Industry Research
1.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Global Industry Research
1.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Global Industry Research
1.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Global Industry Research
2.Global EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
2.1 Gasoline Market 2023-2030 ($M) - Global Industry Research
2.2 Diesel Market 2023-2030 ($M) - Global Industry Research
3.Global EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
3.1 Automotive Market 2023-2030 ($M) - Global Industry Research
3.2 Marine Market 2023-2030 ($M) - Global Industry Research
3.3 Aerospace Market 2023-2030 ($M) - Global Industry Research
3.4 Off-highway Market 2023-2030 ($M) - Global Industry Research
3.5 Rolling stock Market 2023-2030 ($M) - Global Industry Research
4.Global EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 (Volume/Units)
4.1 Diesel Oxidation Catalyst Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Diesel Particulate Filter Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Selective Catalytic Reduction Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Exhaust Gas Recirculation Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Gasoline Particulate Filter Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 (Volume/Units)
5.1 Gasoline Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Diesel Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 (Volume/Units)
6.1 Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Marine Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Aerospace Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Off-highway Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Rolling stock Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
7.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Regional Industry Research
7.2 Diesel Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
7.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Regional Industry Research
7.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Regional Industry Research
7.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
8.North America EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
8.1 Gasoline Market 2023-2030 ($M) - Regional Industry Research
8.2 Diesel Market 2023-2030 ($M) - Regional Industry Research
9.North America EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
9.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
9.2 Marine Market 2023-2030 ($M) - Regional Industry Research
9.3 Aerospace Market 2023-2030 ($M) - Regional Industry Research
9.4 Off-highway Market 2023-2030 ($M) - Regional Industry Research
9.5 Rolling stock Market 2023-2030 ($M) - Regional Industry Research
10.South America EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
10.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Regional Industry Research
10.2 Diesel Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
10.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Regional Industry Research
10.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Regional Industry Research
10.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
11.South America EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
11.1 Gasoline Market 2023-2030 ($M) - Regional Industry Research
11.2 Diesel Market 2023-2030 ($M) - Regional Industry Research
12.South America EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
12.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
12.2 Marine Market 2023-2030 ($M) - Regional Industry Research
12.3 Aerospace Market 2023-2030 ($M) - Regional Industry Research
12.4 Off-highway Market 2023-2030 ($M) - Regional Industry Research
12.5 Rolling stock Market 2023-2030 ($M) - Regional Industry Research
13.Europe EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
13.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Regional Industry Research
13.2 Diesel Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
13.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Regional Industry Research
13.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Regional Industry Research
13.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
14.Europe EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
14.1 Gasoline Market 2023-2030 ($M) - Regional Industry Research
14.2 Diesel Market 2023-2030 ($M) - Regional Industry Research
15.Europe EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
15.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
15.2 Marine Market 2023-2030 ($M) - Regional Industry Research
15.3 Aerospace Market 2023-2030 ($M) - Regional Industry Research
15.4 Off-highway Market 2023-2030 ($M) - Regional Industry Research
15.5 Rolling stock Market 2023-2030 ($M) - Regional Industry Research
16.APAC EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
16.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Regional Industry Research
16.2 Diesel Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
16.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Regional Industry Research
16.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Regional Industry Research
16.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
17.APAC EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
17.1 Gasoline Market 2023-2030 ($M) - Regional Industry Research
17.2 Diesel Market 2023-2030 ($M) - Regional Industry Research
18.APAC EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
18.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
18.2 Marine Market 2023-2030 ($M) - Regional Industry Research
18.3 Aerospace Market 2023-2030 ($M) - Regional Industry Research
18.4 Off-highway Market 2023-2030 ($M) - Regional Industry Research
18.5 Rolling stock Market 2023-2030 ($M) - Regional Industry Research
19.MENA EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY Market 2023-2030 ($M)
19.1 Diesel Oxidation Catalyst Market 2023-2030 ($M) - Regional Industry Research
19.2 Diesel Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
19.3 Selective Catalytic Reduction Market 2023-2030 ($M) - Regional Industry Research
19.4 Exhaust Gas Recirculation Market 2023-2030 ($M) - Regional Industry Research
19.5 Gasoline Particulate Filter Market 2023-2030 ($M) - Regional Industry Research
20.MENA EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE Market 2023-2030 ($M)
20.1 Gasoline Market 2023-2030 ($M) - Regional Industry Research
20.2 Diesel Market 2023-2030 ($M) - Regional Industry Research
21.MENA EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL Market 2023-2030 ($M)
21.1 Automotive Market 2023-2030 ($M) - Regional Industry Research
21.2 Marine Market 2023-2030 ($M) - Regional Industry Research
21.3 Aerospace Market 2023-2030 ($M) - Regional Industry Research
21.4 Off-highway Market 2023-2030 ($M) - Regional Industry Research
21.5 Rolling stock Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Emission Control Technology Market Revenue, 2023-2030 ($M)
2.Canada Emission Control Technology Market Revenue, 2023-2030 ($M)
3.Mexico Emission Control Technology Market Revenue, 2023-2030 ($M)
4.Brazil Emission Control Technology Market Revenue, 2023-2030 ($M)
5.Argentina Emission Control Technology Market Revenue, 2023-2030 ($M)
6.Peru Emission Control Technology Market Revenue, 2023-2030 ($M)
7.Colombia Emission Control Technology Market Revenue, 2023-2030 ($M)
8.Chile Emission Control Technology Market Revenue, 2023-2030 ($M)
9.Rest of South America Emission Control Technology Market Revenue, 2023-2030 ($M)
10.UK Emission Control Technology Market Revenue, 2023-2030 ($M)
11.Germany Emission Control Technology Market Revenue, 2023-2030 ($M)
12.France Emission Control Technology Market Revenue, 2023-2030 ($M)
13.Italy Emission Control Technology Market Revenue, 2023-2030 ($M)
14.Spain Emission Control Technology Market Revenue, 2023-2030 ($M)
15.Rest of Europe Emission Control Technology Market Revenue, 2023-2030 ($M)
16.China Emission Control Technology Market Revenue, 2023-2030 ($M)
17.India Emission Control Technology Market Revenue, 2023-2030 ($M)
18.Japan Emission Control Technology Market Revenue, 2023-2030 ($M)
19.South Korea Emission Control Technology Market Revenue, 2023-2030 ($M)
20.South Africa Emission Control Technology Market Revenue, 2023-2030 ($M)
21.North America Emission Control Technology By Application
22.South America Emission Control Technology By Application
23.Europe Emission Control Technology By Application
24.APAC Emission Control Technology By Application
25.MENA Emission Control Technology By Application
26.AeriNox, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Clean Diesel Technologies, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Clariant, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.CORMETECH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Corning Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.DCL International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Johnson Matthey, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Tenneco Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Umicore, Sales /Revenue, 2015-2018 ($Mn/$Bn)

The Emission Control Technology Market is projected to grow at 8.4% CAGR during the forecast period 2024-2030.

The Emission Control Technology Market size is estimated to be $30.9 billion in 2023 and is projected to reach $54 billion by 2030

The leading players in the Emission Control Technology Market are Johnson Matthey, GEA Group Aktiengesellschaft, Umicore, CDTI Advanced Materials, Cormetech, Ecovyst Inc and Others

Transition to hybrid & Plug-in Hybrid Electric Vehicle (PHEV) and stringent regulations on air pollution are some of the major Emission Control Technology Market trends in the industry which will create growth opportunities for the market during the forecast period.

Rise in sales of automobiles, international agreements on controlling emissions and several environmental policies are the driving factors of the market.