Author: Acumen Research and Consulting

The Automotive SCR Market, valued at USD 13.2 Billion in 2022, is anticipated to surpass USD 24.3 by 2032, reflecting a projected CAGR of 6.4%

The automobile selective catalytic reduction (SCR) market is expanding rapidly due to rigorous emissions rules enforced by governments throughout the world, which require automobile manufacturers to employ modern emissions control technology. SCR systems, which include urea pumps, tanks, injectors, and electronic control units (ECUs), are used in diesel-powered cars to minimize dangerous nitrogen oxide (NOx) emissions. The increasing usage of diesel engines in commercial vehicles, buses, and passenger automobiles, along with growing environmental concerns, fuels demand for SCR technology. Additionally, technical advances like as better DEF injection systems and expanded ECU capabilities contribute to market growth. Furthermore, rising consumer awareness of environmental sustainability and the benefits of SCR systems in decreasing air pollution are driving market growth. However, difficulties like as high starting prices and the necessity for regular maintenance may limit market expansion to some extent. Nonetheless, partnerships between automotive manufacturers and SCR technology suppliers, as well as continuous research and development initiatives, are projected to stimulate innovation and accelerate the implementation of SCR systems in the automotive industry, promoting automotive selective catalytic reduction market growth in the near future.

Automotive SCR Market Statistics

• The global automotive SCR market attained revenue of USD 13.2 Billion in 2022
• Expecting consistent growth, the automotive SCR market is projected to witness a 6.4% CAGR from 2023 to 2032
• Asia-Pacific dominated the automotive selective catalytic reduction (SCR) sector in 2022, holding a substantial 38% market share
• North America is poised for promising growth, with an anticipated CAGR of 7% from 2023 to 2032
• In terms of type, the urea tank sub-segment led the market with a significant share in 2022
• The passenger cars end-use segment recorded significant revenue in the automotive SCR market in 2022
• A notable trend in the automotive SCR market is the development of novel SCR catalyst materials for improved performance and durability

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Automotive SCR Market Dynamics

Increasing Demand for Fuel-Efficient Vehicles Fuels the Automotive SCR Market Value

The growing demand for fuel-efficient automobiles drives the automotive SCR market. As worldwide concerns about environmental sustainability and fuel economy grow, consumers and regulatory organizations are increasingly prioritizing the implementation of technology that cut car emissions and enhance fuel efficiency. SCR systems play a critical role in meeting these goals by considerably lowering dangerous nitrogen oxide (NOx) emissions from diesel-powered cars. SCR technology helps automobiles to meet severe emissions rules while also improving fuel efficiency. SCR systems improve engine performance and combustion efficiency by converting NOx emissions into harmless nitrogen and water vapor by the injection of urea-based diesel exhaust fluid (DEF), resulting in lower fuel usage. Furthermore, as fuel costs vary and environmental awareness rises, buyers are increasingly looking for automobiles that provide both great fuel efficiency and low environmental effect. The incorporation of SCR systems in diesel cars satisfies these objectives by improving fuel efficiency while lowering emissions, attracting customers and supporting market growth. Moreover, government incentives and laws encouraging the use of clean technologies motivate car manufacturers to include SCR systems into their vehicles, increasing market demand for SCR technology as a critical component of fuel-efficient vehicles.

Rising Demand for Electric Cars Offers Significant Automotive SCR Market Opportunity

The growing demand for electric vehicles (EVs) presents a huge potential for the automotive selective catalytic reduction (SCR) market, as it leads to a greater emphasis on emissions reduction in internal combustion engines. As governments across the world strive for higher emissions rules and automakers work to fulfill these rigorous criteria, there is a growing recognition of the need to reduce emissions from existing internal combustion engine (ICE) cars. While EVs are becoming more popular, the shift to electric mobility is slow, and ICE cars are anticipated to stay prominent for the foreseeable future. As a result, there is a greater emphasis on improving the environmental efficiency of these cars. SCR technology provides a realistic alternative by considerably decreasing nitrogen oxide (NOx) emissions, which are a major contributor to air pollution from ICE cars. Automotive manufacturers are progressively implementing SCR systems into ICE cars to assure emissions compliance while preserving market competitiveness. This creates a big potential for SCR technology vendors to capitalize on the increased demand for emissions-reduction solutions in ICE cars. Furthermore, as EV adoption grows, there is an increasing need to improve the environmental performance of current ICE cars, which drives demand for SCR systems and fosters market growth.

Automotive SCR Market Segmentation

The global market for automotive SCR has been segmented into type, fuel type, end-use, and region.

• Type segment is split into urea pump, urea tank, injector, and ECU
• Fuel type segment is divided into diesel and gasoline
• End use segment includes commercial vehicle, and passenger cars
• The automotive SCR market is geographically segmented across North America, Europe, APAC, and the LAMEA

Automotive SCR Market Regional Outlook

Asia-Pacific develops as an important automotive selective catalytic reduction market as the region's automotive sector grows and SCR systems are increasingly adopted to meet emissions regulations. North America also offers significant potential, owing to the presence of major car manufacturers and a focus on decreasing vehicle emissions. Furthermore, regions such as Latin America, the Middle East, and Africa are gradually adopting SCR technology, owing to shifting emissions restrictions and a rising awareness of environmental sustainability. Overall, the worldwide SCR market is expected to rise steadily across all regions as governments continue to enforce rigorous emissions requirements, increasing the use of SCR technology to reduce vehicle emissions and environmental impact.

Automotive SCR Market Players

Automotive SCR companies profiled in the report include Bosal, Friedrich Boysen, Kautex Textron GmbH & Co., KG, Faurecia, KG., Johnson Matthey, Plastic Omnium SA, Magneti Marelli SPA, Robert Bosch GmbH, and Rochling Group.

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