From GlobeNewswire: 2025-02-24 06:30:00

The global Diesel Oxidation Catalysts Market is projected to be valued at US$ 1,488 million in 2024 and is expected to grow at a CAGR of 3.1% to reach US$ 2,095 million by 2035. This growth is driven by increased regulatory pressures to reduce emissions from vehicles and machinery, leading to the development of more advanced catalysts.

These catalysts help transform harmful pollutants into less hazardous materials, contributing to a cleaner environment. They are essential in meeting strict emissions regulations in the automotive sector and are utilized in various industrial processes for efficient exhaust treatment. Market trends show a focus on catalyst durability, efficiency, and sustainability, especially with the rise of hybrid and electric vehicles.

The market is witnessing a shift towards more advanced catalyst designs to support high performance and sustainability, leading to joint ventures and investments in research for cleaner energy sources. Companies are integrating advanced technologies like IoT and AI for real-time monitoring and data analytics to enhance emissions control efficiency.

Key players in the Diesel Oxidation Catalysts Market include BASF SE, N.V. Johnson Matthey PLC, Umicore S.A, and others. These companies are driving innovation through product releases, mergers, acquisitions, and expansions to strengthen their market positions.

In industry news, Danfoss unveiled hoses for liquid cooling in electric vehicles and data centers, while Bosch Rexroth announced the availability of its compact hydraulic products catalog at Hydraforce.com. These developments aim to provide dependable and leak-proof fluid transportation and a wide range of high-quality hydraulic control solutions.

The global Diesel Oxidation Catalysts Market study by Fact.MR offers historical data from 2019 to 2023 and forecast statistics from 2025 to 2035. The analysis covers different product types, applications, and regions worldwide, providing valuable insights for businesses to make informed decisions and stay competitive in the market.



Read more at GlobeNewswire: Diesel Oxidation Catalysts Market to Reach USD 2,095