The catalytic converter market is experiencing significant growth as the global push toward cleaner emissions and stricter environmental regulations intensifies. As an essential component in reducing harmful vehicle emissions, catalytic converters have gained substantial importance in the automotive and industrial sectors. This article explores the current trends, market growth, and future projections for the catalytic converter market in 2024. What is a Catalytic Converter? A catalytic converter is an integral part of a vehicle’s exhaust system, designed to reduce the toxic gases and pollutants emitted by internal combustion engines. It converts harmful substances like carbon monoxide, hydrocarbons, and nitrogen oxides into less harmful emissions, such as carbon dioxide and water vapor. This critical device is found in both passenger cars and commercial vehicles, and its importance has been magnified with growing environmental concerns. Catalytic Converter Market Trends in 2024 ...