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2019

Automotive Exhaust System Market

Automotive Exhaust System Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology, Fuel Type and Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2019-2026

AT : Automotive systems and accessories

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Author's: Lalit Katare & Anvay Sonpimple | Lalit Janardhan Katare
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Automotive Exhaust System Market Statistics – 2026

The global automotive exhaust system market size was valued at $77.33 billion in 2018 and is projected to reach $130.17 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018 and is expected to be the highest contributor to the global automotive exhaust system market, in terms of revenue, during the global market forecast. 

The automotive exhaust system is installed in the vehicles to collect the exhaust gases from the cylinder, removes harmful substances & impurities, reduces the level of noise and discharges the purified exhaust gas. The exhaust system consists of one or two channels depending on the engine and the flow resistance is selected so that the exhaust backpressure should not degrade the engine performance. In addition, exhaust manifold, exhaust pipes, catalytic converter, muffler, and the tail pipe are the major components of exhaust system. Also, the automotive exhaust system is majorly installed for to reduce the emission of harmful gases into environment and increase the efficiency of the engine.

Automotive Exhaust System Market

Factors such as stringent government regulations for emission control and increase in automobile production are driving the growth of automotive exhaust market. In addition, adoption of nanotechnology in catalytic converters is anticipated propel the growth of market. However, growing electric vehicle production and high cost of automotive catalysts hinders the growth of automotive exhaust system market. Further, innovations in automotive catalysts and government initiatives in developing nations for emission reduction holds remarkable growth opportunity for the key player operating in the market.

The global automotive exhaust system market is segmented based on technology, fuel type, vehicle type, and geography. Based on technology, the market is divided into Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective catalytic reduction (SCR), Exhaust gas recirculation (EGR), Gasoline Particulate Filter (GPF), and others. Based on fuel type, it is bifurcated into gasoline and diesel. Based on vehicle type, market is categorized as Passenger Cars and Commercial Vehicles. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Automotive Exhaust System Market
By Technology
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Selective catalytic reduction (SCR) is projected as the most lucrative segments

Key players including Johnson Matthey, BASF SE, Tenneco Inc., Eberspächer, Umicore, BENTELER International, BOSAL, Sejong Industrial Co.,Ltd., Klarius Products Ltd., Faurecia, and others holds major automotive exhaust system market share.

Stringent government regulations for emission control

Government has established stringent regulation for pollutant gas emission from the vehicles because of combustion of fuels such as diesel fuel, fuel oil, petrol, gasoline, biodiesel, and others. Euro 6 is a latest emission regulation by European union directive to reduce harmful gases such as carbon monoxide (CO), nitrogen oxide (NOx), hydrocarbons, and others from exhaust system of the vehicle. Similarly, automotive catalyst is used in automotive exhaust systems such as catalyst converters, diesel particulate filters (DPF), diesel oxidation catalyst (DOC), and other emission control devices used to convert toxic and harmful gases from engines into less-toxic pollutant and help to meet the government emission standards. Thus, such stringent government regulations to control the emission from automobiles fuel the growth of the automotive exhaust system market.

Automotive Exhaust System Market
By Fuel Type
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Diesel is projected as the most lucrative segments

Increase in Automobile production

Developing nations witness a rise in demand and production of automobile. For instance, India became the fourth largest automobile industry in the world with the increase in sales of 9.5% year-on-year to 4.2 million units. This rise in automobile production in the developing nations automatically leads to increased production in demand for automotive catalysts for emission control devices in automobile exhaust systems. Therefore, increase in automobile production is anticipated to boost the growth of the automotive exhaust system market. 

Automotive Exhaust System Market
By Vehicle Type
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Commercial vehicles is projected as the most lucrative segments

Growing electric vehicle production

In recent years, demand and production of electric vehicles has increased significantly as electric vehicles have several advantages over fuel-powered automobiles. Components such as fan belts, oil, air filters, head caskets, timing belts, cylinder heads, and spark plugs do not require replacement, which in return makes it cheaper and efficient for fuel-powered automobiles. This makes electric vehicle a preferred choice, which in return restraints the fuel-powered automobile markets. Thus, growth in production of electric vehicles hinders the growth of the automotive exhaust system market.

Automotive Exhaust System Market
By Region
2026
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit the highest CAGR of 7.7% during 2019-2026.

Innovations in automotive catalysts

Key players of the automotive exhaust system market are investing in improvement and development of catalysts. A three-way catalyst can reduce the emitted pollutant from vehicle at 100% conversion efficiency at its operational temperature, typically above 400ºC, which is much higher. Johnson Matthey Inc., a leading automotive catalyst producer is working on the development of three-way catalyst for future vehicle, which improves fuel efficiency and reduce CO2 emission substantially at lower operating temperature. This innovation in automotive catalysts is anticipated to provide future growth opportunity for the players operating in the market. 

Key Benefits for Stakeholders:

  • This study presents the analytical depiction of the global automotive exhaust system market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall automotive exhaust system market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.
  • The current automotive exhaust system market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

Automotive Exhaust System Market Report Highlights

Aspects Details
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By TECHNOLOGY
  • Diesel Oxidation Catalyst (DOC)
  • Diesel Particulate Filter (DPF)
  • Selective catalytic reduction (SCR)
  • Exhaust gas recirculation (EGR)
  • Gasoline Particulate Filter (GPF)
  • Others
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By FUEL TYPE
  • Gasoline
  • Diesel
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By VEHICLE TYPE
  • PASSENGER CARS
  • COMMERCIAL VEHICLES
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By Region
  • NORTH AMERICA  (US, CANADA, MEXICO)
  • EUROPE  (UK, GERMANY, RUSSIA, FRANCE, SPAIN, REST OF EUROPE)
  • ASIA-PACIFIC  (CHINA, JAPAN, INDIA, SOUTH KOREA, REST OF ASIA-PACIFIC)
  • LAMEA  (LATIN AMERICA, MIDDLE EAST, AFRICA)
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Key Market Players

BENTELER International, Johnson Matthey, BOSAL, Tenneco Inc, Umicore, Klarius Products Ltd, Sejong Industrial Co.,Ltd, Eberspächer, BASF SE, Faurecia

Analyst Review

All exhausts produce six gases as emission out which three are toxic namely carbon monoxide, nitrogen oxide, and nitrogen monoxide and exhaust emissions systems are the only means of purifying toxic gases. Exhaust gases are collected from cylinder head in the engine by an exhaust manifold. The exhaust manifold is used as the funnel for diverting exhaust gases from all the cylinders of the engines and then released them through a singled opening named as front pipe. Further these gases then travel through a catalytic converter and harmful elements such as carbon monoxide and hydrogen monoxide which are then converted into inert gases.

Factors such as stringent government regulations for emission control and increase in automobile production are driving the growth of automotive exhaust market. In addition, adoption of nanotechnology in catalytic converters is anticipated propel the growth of market. However, growing electric vehicle production and high cost of automotive catalysts hinders the growth of automotive exhaust system market. Further, innovations in automotive catalysts and government initiatives in developing nations for emission reduction holds remarkable growth opportunity for the key player operating in the market.

Among the analyzed regions, currently, Asia-Pacific is the highest revenue contributor and is anticipated to exhibit remarkable growth rate during the forecast period, followed by Europe, LAMEA, and North America.

Author Name(s) : Lalit Katare & Anvay Sonpimple | Lalit Janardhan Katare
Frequently Asked Questions?

The market size of global automotive exhaust system market was valued at $77.33 billion in 2018 and is anticipated to reach $130.17 billion in 2026.

The market trends in automotive exhaust system market include Increase in automobile production and Stringent government regulations for emission control.

The report sample for automotive exhaust system market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

The leading players in automotive exhaust system market includes BASF SE, BOSAL, Johnson Matthey, Tenneco Inc., and Umicore. These players adopted different strategies so as to hold major market share in the automotive exhaust system market.

Manufacturing cost of exhaust system ranges from $150 to $1150 depending on the quality and features of different exhaust system. The process of exhaust system includes tier 2 manufacturers who manufacture different components of the exhaust system, tier 1 manufacturers who install the different components and original equipment manufacturers and aftermarket players who install the exhaust system in vehicles.

The statistical data of the top market players of automotive exhaust system industry can be obtained from the company profile section mentioned in the report.

Factors such as increase in automobile production and stringent government regulations for emission control is driving the growth of global automotive exhaust system market.

Automotive exhaust system market includes various technologies such as diesel oxidation catalyst (DOC), diesel particulate filter (DPF), selective catalytic reduction (SCR), exhaust gas recirculation (EGR), gasoline particulate filter (GPF),

The automotive system market segments includes technology, fuel type, and vehicle type from 2019 to 2026.

Based on region, Europe and Asia-Pacific will provide more business opportunities for automotive exhaust system in coming years.

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Automotive Exhaust System Market

Global Opportunity Analysis and Industry Forecast, 2019-2026