Two-Wheeler Catalytic Converter Market to Grow by USD 560.7 Million (2024-2028), Driven by Stricter Emission Norms & AI Impact on Market Trends- Technavio Report

Barchart · 10/14 18:49

NEW YORK, Oct. 14, 2024 /PRNewswire/ -- Report with market evolution powered by AI- The global two-wheeler catalytic converter market size is estimated to grow by USD 560.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.6%  during the forecast period. Increasing stringency of emission norms for two-wheelers is driving market growth, with a trend towards emergence of dual-sport motorcycles. However, high penetration of low-cost bikes  poses a challenge. Key market players include ACAT Global LLC, Akrapovic d.d., BASF SE, Continental AG, Munjal Auto Industries Ltd., Scorpion Exhausts Ltd., Shilpa Enterprises, and Varroc Engineering Ltd..

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