Emission Control Catalyst Market Analysis: projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027 Emission Control Catalyst Market Analysis: projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027 March 2, 2021 | by admin | The global emission control catalyst market is growing proficiently, projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027, starting from US$ 17.28 Bn in 2018. Market Insights “Growing demand attributed by tightening government legislation and adoption towards advanced technologies will upgrade the market growth during the forecast period” The growing concern about the consequences of air pollution has led to the production of new emission-free vehicles to reduce emissions. Aided by the adoption of cleaner fuels, improvements in advanced materials are synchronized by advancements in both automotive and engineering engines, which emit very low emissions. In order to harmonize the global emission standards, regulatory authorities from developed economies like the U.S., and UK have streamlined numerous engine development mechanism and approvals such as “The Clean Air Act”, “MACT Standards”, and “UNECE Convention on Long Range Transboundary Air Pollution”. This facilitates an improved air quality whilst economy of scale and scope, thereby reducing a significant cost for emission technologies that will expand the emission control catalyst market on a global scale.