The emission standards are regulated by the Environmental Protection Agency (EPA) in the United States. In Europe, the emission standards are termed as Euro standards. China and India set their own standards which typically mirror Euro emission standards.

According to the report, Innovations in Automotive Catalysts by Key Market Players is one of the primary growth factors for the market. Growth Driven by Tighter Legislation on Automotive Emission in Developed Nations is also expected to contribute significantly to the Automotive Catalyst market. Overall, Commercial Vehicle (Light-duty vehicle, Heavy-duty vehicle) applications of Automotive Catalyst, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Engine Type, such as Gasoline, is boosting the Automotive Catalyst market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Based on Metallic Element, such as Platinum, is boosting the Automotive Catalyst market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Automotive Catalyst market identified that the demand is rising in many different parts of the world as "Increased Focus on Emission Standards and Innovation in Emission Technologies in Emerging Countries". Furthermore, some recent industry insights like "In February 2022, BASF and Heraeus formed a joint venture to recover precious metals from spent automotive catalysts. The new company is called BASF HERAEUS (China) Metal Resource Co., Ltd., is 50 % owned by both companies and will be located in Pinghu, China." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Automotive Catalyst market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automotive Catalyst market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Automotive Catalyst market size is calculated using market estimation process, the Automotive Catalyst market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive Catalyst market size has been validated using both top-down and bottom-up approaches.