The automotive catalyst market is estimated to witness a CAGR of 4.67% to reach US$12.238 billion in 2024 from US$9.305 billion in 2018. Automotive Catalysts are widely used in the exhaust system of the automobiles to control pollutants and optimize industrial production processes. The automotive catalyst is a simple device that uses basic redox reactions to reduce the car pollutant, as it converts nearly 98% of the harmful fumes into less harmful gases by using simple oxidation and reduction me Read more...
Slip Additives market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Advancement in packaging industry is the major driver of slip additives market. Increasing demand for bio-based slip additives is encouraging manufacturers to invest heavily in R&D, thus positively impacting the growth of slip additives market during the forecast period. However, factors such as stringent environmental regulations and volatility in raw material price Read more...
The automotive lubricants market is projected to grow at a CAGR of 3.97% during the forecast period. Rising global middle-class population is boosting the demand for passenger cars which is one of the major drivers of automotive lubricants market. Growing transportation sector and increasing volume of global imports and exports is fuelling the demand for trucks and other vehicles which is also bolstering the growth of automotive lubricants market. Strict emission norms and growing environmental Read more...
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