Automotive Selective Catalytic Reduction (SCR) Market to Exhibit 6.1% CAGR from 2023 to 2030; Advancements in SCR Catalysts and Rise of SCR-EGR Combination Drive Efficiency in Automotive Emissions Control

The global automotive Selective Catalytic Reduction market size was USD 13.14 billion in 2022. The market is projected to grow from USD 13.85 billion in 2023 to USD 20.90 billion by 2030, exhibiting a CAGR of 6.1% during the forecast period. Fortune Business Insights™ presents this information in its report “Automotive Selective Catalytic Reduction (SCR) Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), By Catalyst Type (Copper Zeolite, Iron Zeolite, and Others), By Sales Channel (OEM and Aftermarket), and Regional Forecasts, 2023-2030”.

Over the past decade, the automotive industry has witnessed substantial growth in the utilization of automotive Selective Catalytic Reduction systems. The primary purpose of SCR technology is to minimize the release of harmful emissions, specifically carbon dioxide and nitrogen oxides (NOx), which are major contributors to air pollution and the formation of smog. The adoption of SCR systems has been largely driven by the implementation of stringent emission regulations globally.

Significant Supply Chain Disruptions during Pandemic Hampered Market

The automobile industry has experienced a significant impact from the COVID-19 crisis, with severe consequences. Across different regions, including Europe and other areas, most automakers have been compelled to suspend sales and production operations. As a result of the pandemic, several automakers were forced to shut down their automotive Selective Catalytic Reduction systems plant, leading to disruptions in the supply chain and substantial repercussions on the SCR market.

Brisbane Company Receives USD 30 Million Federal Grant to Ensure Uninterrupted Ad Blue Supply

A Brisbane-based company secured a USD 30 million federal grant in January 2022 to guarantee a continuous and uninterrupted supply of Ad Blue emissions treatment fluid for large trucks, modern diesel vehicles, cars, and four-wheelers. This funding ensures that the availability of Ad Blue will not be a concern, allowing these vehicles to comply with emissions regulations without interruption.

Development in SCR Catalysts Enhance Performance and Efficiency

Automakers are consistently dedicating resources to research and development efforts aimed at enhancing the effectiveness of SCR catalysts. These endeavors involve optimizing catalyst formulations, enhancing durability, and increasing conversion efficiency. The utilization of advanced catalysts plays a pivotal role in achieving higher rates of NOx reduction and minimizing reliance on urea consumption, ultimately leading to improved overall efficiency of these systems. Furthermore, the combination of SCR with Exhaust Gas Recirculation (EGR) systems is gaining momentum in the automotive industry, offering a promising approach to emissions reduction.

However, limited Ad Blue infrastructure and electric vehicle demand impose constrains on the automotive Selective Catalytic Reduction market growth.

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Faurecia Delivers Innovative Solution through Strategic Business Groups

Faurecia, a prominent player in the automotive industry, is recognized for its expertise in automotive technologies. The company operates through four strategic business groups: Faurecia Interiors, Faurecia Seating, Faurecia Clean Mobility, and Faurecia Clarion Electronics. These business groups are dedicated to offering solutions that address various challenges faced by the automotive industry. Faurecia's has established its position as a trusted provider of pioneering solutions in the automotive sector.

Notable Industry Development

• December 2021 - Australian chemical manufacturers accomplished of producing AdBlue – a urea-based additive castoff in diesel vehicles to reduce the dangerous emissions – are scrambling to boost creation, as an international shortage threatens to restrain the local trucking and logistical industries.

List of Companies Profiled in the Report

• Envirotherm GmbH (Germany)
• Cormetech (U.S.)
• Johnson Matthey (U.K.)
• BASF (Germany)
• Ceram-Ibiden (Austria)
• BOSCH (Germany)
• Bosal (Belgium)
• Faurecia (France)
• Magneti Marelli SPA (Italy)
• Haldor Topsoe (Denmark)
• Tenneco Inc. (U.S.)
• Röchling Group (Germany)
• Plastic Omnium (France)

Further Report Findings

• Asia Pacific held a substantial market share valued at USD 5.12 billion in 2022. The region dominates due to significant growth in vehicle sales in China and India and the presence of a huge commercial vehicle market.
• North America is poised to gain a healthy growth rate due to intense competition of OEMs that fuels demand for these systems.

Table of Segmentation