Research Nester assesses the growth of global automotive SCR market over the forecast period, i.e., 2023-2033, and evaluates its future prospects. Rising carbon dioxide emission from passenger vehicles and growing penetration of diesel-powered vehicles to drive market growth.
New York – October 28, 2022 - Research Nester’s recent market research analysis on “Automotive Selective Catalytic Reduction (SCR) Market Opportunities : Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor analysis and a detailed overview of the global automotive SCR market in terms of market segmentation by type, application, and by region.

Growing Prevalence of Nitrogen Oxide Emission to Drive Growth of Global Automotive SCR Market
The global automotive SCR market is estimated to grow majorly on account of the increased nitrogen oxide (NOx) emission. For instance, in United States, the emission of nitrogen oxide (NOx) was found ~7.5 million tons in 2021.

The market research report on global automotive SCR encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.

By vehicle type, the global automotive SCR market is segmented into passenger cars and commercial vehicles. The commercial vehicles segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~10% over the forecast period. Rise in the production of commercial vehicles.
By region, the Asia Pacific automotive SCR market is to generate the highest revenue by the end of 2033. This growth is anticipated by the largest fleet of motor vehicles.

The research is global in nature and covers a detailed analysis of the automotive SCR market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, an analysis comprising of global automotive SCR market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global automotive SCR market which includes company profiling of Cummins Inc., Compagnie Plastic Omnium SE, Group Forvia, Friedrich Boysen GmbH & Co., KG, Eberspächer Gruppe GmbH & Co. KG, Textron Inc., Röchling SE & Co. KG, Tenneco Inc., Marelli Holdings Co., Ltd., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global automotive SCR market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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