India has emerged as one of the key markets for industrial coatings in the Asia Pacific region

The report "Emission Control Catalyst Market by Type (Palladium, Platinum, Rhodium), Application (Automotive, Industrial and Others), Region - Global Trends & Forecast to 2021", The emission control catalyst (ECC) market is projected to reach USD 16.09 Billion by 2021, growing at a CAGR of 10.37% during the forecast period.

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The global emission control catalyst (ECC) market is projected to reach USD 16.09 Billion by 2021, registering a CAGR of 10.37% from 2016 to 2021. The report aims to estimate the market size and future growth potential of the ECC market across different segments namely, material, type, application, and region.

The base year considered for the study is 2015, and the market size is forecast from 2016 to 2021.

The high growth in the automotive and industrial sectors is driving the ECC market. Strict emission regulations standards set by the EU, adoption of EU equivalent emission standards by China and other Asia-Pacific countries and increase in the demand for diesel oxidation catalysts is driving the emission control catalyst market.

Emission reduction from automobiles and industrial processing units has been one of the top priorities across the world that has been boosting the emission control catalyst market.

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In the secondary research process, various sources have been referred to for the identification and collection of information for this study. These secondary sources include annual reports, press releases, and investor presentations of companies, white papers and certified publications, and articles from recognized authors.

In the primary research process, sources from both, the supply and demand sides have been interviewed to obtain qualitative and quantitative information.

The bottom-up approach has been used to estimate the market size, in terms of value, of the ECC market on the basis of material, type, application, and region. The top-down approach has been implemented to validate the market size, in terms of value. Through the data triangulation procedure and validation of data via primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in the study.

This study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.

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These stakeholders include ECC manufacturers such as BASF Catalysts LLC (U.S.), Johnson Matthey (U.K.), Solvay S.A. (Belgium), Umicore SA (Belgium), Corning Incorporated (U.S.), and Clariant Corporation (Switzerland).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues.