Exhaust Gas Purifier Sales Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 7.1 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The global exhaust gas purifier sales market has experienced significant growth over the past few years, driven by increasing environmental concerns, stringent regulations, and technological advancements. The market was valued at approximately $X billion in 2024, with a projected growth rate of X% CAGR over the next 5 to 10 years. This growth is expected to continue as industries across the globe strive to reduce emissions and meet stricter environmental standards. Governments are introducing regulations mandating the reduction of toxic emissions, thereby increasing the demand for exhaust gas purifiers. Furthermore, advancements in filtration technologies and the rise in industrial activities contribute to the market's positive outlook.
The increasing adoption of eco friendly practices in manufacturing and automotive sectors plays a pivotal role in driving market demand. As industries and transportation sectors seek efficient solutions to meet environmental guidelines, the market for exhaust gas purifiers is expected to expand, with both developed and emerging economies making significant contributions to growth.
Get an In-Depth Research Analysis of the Global Exhaust Gas Purifier Sales Market Size And Forecast [2025-2032]
Environmental Regulations: Governments worldwide are imposing stringent regulations to combat air pollution, driving the need for efficient exhaust gas purification technologies in industries such as automotive, manufacturing, and power generation.
Technological Advancements: Innovations in filtration technologies, including the development of advanced catalysts and sorbents, are improving the efficiency of exhaust gas purifiers, enabling better performance in controlling emissions.
Industrial Expansion: As industrialization continues to grow in emerging markets, the demand for exhaust gas purifiers increases to meet environmental and sustainability goals.
High Initial Costs: The installation of advanced exhaust gas purification systems can be costly, which may limit their adoption, especially in price sensitive markets.
Complexity of Maintenance: Maintenance of exhaust gas purifiers can be complex and expensive, especially for older systems, which could hinder their widespread use in certain sectors.
Growth in the Automotive Industry: The growing number of vehicles, along with the shift toward electric vehicles EVs and hybrid technologies, presents significant opportunities for exhaust gas purifier manufacturers to develop solutions tailored for evolving vehicle technologies.
Sustainability Initiatives: Industries are increasingly focusing on sustainability, which includes adopting cleaner technologies, thus creating opportunities for exhaust gas purifiers in sectors such as chemicals, steel, and cement manufacturing.
The exhaust gas purifier sales market can be segmented by application, end users, and regions. Each category plays a crucial role in the growth of the market.
Automotive: Exhaust gas purifiers in the automotive industry help reduce harmful emissions from vehicle engines. With rising concerns about air pollution, car manufacturers are adopting exhaust gas purification systems to comply with regulations.
Industrial: Industries such as steel, cement, and chemicals are major end users of exhaust gas purifiers. These sectors contribute significantly to air pollution, driving the demand for efficient filtration and purification technologies.
Power Generation: Power plants, particularly those running on fossil fuels, use exhaust gas purifiers to minimize their emissions and meet regulatory standards. The expansion of renewable energy sources also presents opportunities for gas purifiers in hybrid plants.
Automobile Manufacturers: Vehicle manufacturers are among the largest consumers of exhaust gas purifiers. The automotive sector's growing need to adhere to emissions standards is a major driver of the market.
Industrial Manufacturers: Industries involved in heavy manufacturing, including metallurgy, cement, and chemicals, are major contributors to the demand for exhaust gas purifiers due to the harmful emissions produced during production processes.
Power Generation Plants: As energy generation plants face stricter emission regulations, there is a growing need for exhaust gas purification solutions in this sector.
North America: The North American region is one of the largest markets for exhaust gas purifiers, primarily due to the stringent environmental regulations in the United States and Canada. The region's automotive industry and industrial sectors are significant contributors to market growth.
Europe: Europe is another key market, driven by regulations set by the European Union EU and the region's strong automotive and industrial sectors. European nations are known for their commitment to sustainability, which fuels the adoption of exhaust gas purification technologies.
Asia Pacific: The Asia Pacific region is experiencing rapid industrial growth, especially in countries like China, India, and Japan. This region presents significant opportunities for exhaust gas purifiers as industries and transportation sectors seek to meet stringent air quality standards.
Rest of the World: Emerging economies in Africa and South America are gradually adopting exhaust gas purifiers as they expand their industrial capabilities and strengthen their regulatory frameworks.
Several major companies are actively shaping the exhaust gas purifier sales market through technological innovations, product offerings, and strategic initiatives.
Johnson Matthey: A leading player in the market, Johnson Matthey is known for its advanced exhaust gas purification technologies, particularly for the automotive sector. The company focuses on developing catalytic converters, which are essential components in reducing vehicle emissions.
Corning Inc.: Specializing in ceramic substrates for exhaust gas purification, Corning is a key player in the automotive and industrial markets. Their innovative technologies support compliance with stringent emission standards.
Cummins Inc.: Cummins manufactures a wide range of emission control products, including exhaust gas purifiers for industrial and automotive applications. The company is known for its heavy duty diesel engines and emission control systems.
Engelhard Corporation: A leading provider of emission control catalysts, Engelhard now part of BASF contributes significantly to the exhaust gas purifier market, particularly in the automotive and industrial sectors.
The exhaust gas purifier market is witnessing several trends and innovations, primarily driven by the need for cleaner technologies and improved performance.
Electric and Hybrid Vehicles: With the rise of electric and hybrid vehicles, there is a growing demand for exhaust gas purifiers designed for these vehicles. Although electric vehicles generate little to no emissions, hybrid vehicles require advanced filtration systems to minimize their environmental impact.
Advanced Catalysts: The development of more efficient catalysts, such as those utilizing platinum group metals PGMs and non precious metal based catalysts, is helping reduce the cost and improve the efficiency of exhaust gas purifiers.
Integration of IoT: The integration of the Internet of Things IoT in exhaust gas purifiers allows for real time monitoring of emissions and system performance, providing valuable data for maintenance and optimization purposes.
The exhaust gas purifier market faces several challenges, but potential solutions exist to address these obstacles.
Global supply chain disruptions, particularly in the availability of raw materials and components, have impacted the production of exhaust gas purifiers. However, manufacturers are working towards diversifying their supply sources and building more resilient supply chains to mitigate these challenges.
High upfront costs of exhaust gas purifiers, especially those with advanced features, could limit their adoption. Solutions include cost sharing initiatives, government subsidies, and the development of more affordable, efficient systems.
Regulatory barriers and compliance requirements vary across regions, making it difficult for companies to standardize their products. Addressing these challenges requires a collaborative approach between manufacturers and regulatory bodies to ensure the development of compliant and effective solutions.
The exhaust gas purifier market is expected to continue growing, driven by technological innovations, stricter regulations, and increasing industrialization. Key factors influencing market growth include:
Increased adoption of electric and hybrid vehicles, which will require new exhaust gas purification solutions.
Continued advancements in filtration technologies, making exhaust gas purifiers more efficient and cost effective.
The expansion of industrial sectors in emerging economies, which will drive demand for emission control technologies.
Which regions lead the exhaust gas purifier market? North America, Europe, and the Asia Pacific region are the leading markets, with North America and Europe driven by stringent regulatory frameworks and the Asia Pacific region fueled by industrial growth.
What are the key applications of
Sertronic
KBA
Hamon
Ducon
Mitsubishi Hitachi Power Systems
Grasys
CECM
ANJULE
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Exhaust Gas Purifier Sales Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Exhaust Gas Purifier Sales Market
Power Generation
Chemical
Cement & Printing
Iron and Steel
Others
Based on Types the Market is categorized into Below types that held the largest Exhaust Gas Purifier Sales market share In 2023.
General Filter Type Exhaust Gas Purifier
Initiative Regeneration Type Exhaust Gas Purifier
Passive Regeneration Type Exhaust Gas Purifier
Fuel Injection Type Exhaust Gas Purifier
Microwave Regeneration Type Exhaust Gas Purifier
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Exhaust Gas Purifier Sales Market Research Analysis
1. Introduction of the Global Exhaust Gas Purifier Sales Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Exhaust Gas Purifier Sales Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Exhaust Gas Purifier Sales Market, By Type
6. Global Exhaust Gas Purifier Sales Market, By Application
7. Global Exhaust Gas Purifier Sales Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Exhaust Gas Purifier Sales Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/