Improving application of three-way oxidation-reduction converters in automotive applications is expected to drive market growth. Stringent environment regulations aimed at reducing carbon emissions in the major markets including U.S., Germany, India and Japan is projected to have a favorable impact on the market over the forecast period. The Global Emission Control Catalyst Market is expected to reach USD 11.09 billion by 2024, according to a new report by Grand View Research, Inc. Increasing energy requirement from household and industrial sectors emerging economies including China and India coupled with favorable policies for the implementation of solutions to reduce emission is expected to fuel the demand for catalysts. The automotive sector is expected to foresee growth at a CAGR of 4.3% from 2016 to 2024, in terms of volume. The emergence of Mexico as an automotive production destination on account of rising domestic demand for passenger and commercial vehicles along with...