Global Fuel-Borne Catalyst Market Size By Product (Barium Based, Calcium Based), By Application (Passive Diesel Filter Systems, Active Diesel Filter Systems), By Geographic Scope And Forecast

Fuel-Borne Catalyst Market Size And Forecast

Fuel-Borne Catalyst Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.

Ban over diesel vehicles in turn is forcing OEM to adopt DPF in their diesel vehicle to reduce the overall particulate matter pollutants from the vehicles. The rise in usage of DPF is anticipated to drive in demand for fuel-borne catalysts. The Global Fuel-Borne Catalyst Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Global Fuel-Borne Catalyst Market Definition

Diesel engines produce several particles during combustion of the fuel or air mix owing to incomplete combustion. The emission of these particles differs with engine type, age, and specification of emissions. The particulate matter obtained from incomplete combustion of diesel fuel produces sediment particles. Soot and other particles from diesel engines generate air pollution. Hence, diesel particulate filters (DPF) are fitted to an engine to burn off the accumulated particulate matter.

Fuel-borne catalyst is a fuel additive that enhances fuel characteristics with improved fuel efficiency. These are designed for exhaust systems with DPFs. Fuel additives are usually added for the regeneration of DPF. These are identified as fuel-borne catalysts. Fuel-borne catalyst enhances engine characteristics. It provides higher performance, lower fuel consumption, and noise reduction. Other advantages comprise raised 5.l50upower, smooth engine operation, and less built carbon on internal engine parts.

Global Fuel-Borne Catalyst Market Overview

Regulatory bodies across the globe are focusing on the overall ambient air quality of their respective countries to offer healthier and safe breathing air to residents. Supporting countries in developed economies such as Germany, The U.S., and other European Union countries are actively working on this front and have imposed a ban on all diesel vehicles from 17th December 2018 with the latest Euro 6d TEMP rules. According to this rule, vehicles must emit less than 80mg/km of nitrogen oxides (NOx). This ban in turn is forcing OEM to use DPF in their diesel vehicle in order to decrease the overall particulate matter pollutants from the vehicles. The increase in the use DPF is predicted to drive in demand for fuel-borne catalysts.

Global Fuel-Borne Catalyst MarketSegmentation Analysis

The Global Fuel-Borne Catalyst Market is Segmented on the basis of Product, Application, and Geography.

Fuel-Borne Catalyst Market, By Product

• Barium Based• Calcium Based• Cerium Based• Others

Based on Product, the market is bifurcated into Barium Based, Calcium Based, Cerium Based, and Others. Cerium (Ce) or iron (Fe) in the ferrocene form ((C5H5)2Fe) are commonly employed by catalytically active metals. Besides, cerium oxide expedites the process of the elimination of particles. Moreover, cerium oxide produces fewer ashes and is more reliable for vehicles.

Fuel-Borne Catalyst Market, By Application

• Passive Diesel Filter Systems• Active Diesel Filter Systems

Based on Application, the market is bifurcated into Passive Diesel Filter Systems and Active Diesel Filter Systems. Both passive diesel filter systems and active diesel filter systems are widely utilized according to the requirement and varied industrial usage conditions.

Fuel-Borne Catalyst Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of regional analysis, the Global Fuel-Borne Catalyst Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe and North America are expected to hold a major share of the Global Fuel-Borne Catalyst Market during the estimated period owing to the increase in the popularity of diesel vehicles and the decline in the costs of gasoline in these regions. This trend has been growing owing to the high fuel efficiency and robustness of diesel engines, resulting in considerable financial advantages over gasoline-fueled engines.

Key Players

The “Global Fuel-Borne Catalyst Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Innospec, Klarius Products, Infineum, Berkshire Hathaway, Clean Diesel Technologies, Johnson Matthey, Tenneco, and Energenics. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations and Agreements

• In October 2020, Infineum, a joint venture between ExxonMobil and Shell, announces the arrival of a third Magnesium Sulfonate reactor at Port-Jérôme for installation and usage at a lubricant additive factory managed on behalf of Infineum by ExxonMobil Chemical France.

Merger and Acquisition

• In May 2022, Nano One® Materials Corp., a clean technology developer in battery materials, today announced a definitive agreement to purchase all outstanding shares of Johnson Matthey (JM) Battery Materials Ltd. (“JMBM Canada”) for approximately C$10.25 million. The transaction is completely financed, cash-free, and debt-free, subject to some working capital adjustments.

• In August 2021, Infineum, a specialty chemical company, inked a contract today to buy ISCA UK’s emulsifiers business unit, securing ISCA’s ISCAMUL emulsifier brand and formulation expertise.

Report Scope

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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