Will Catalytic Converters be used in the future?

The catalytic converters contain precious metals that protect our air from toxins produced from the exhaust gases of our gasoline-powered cars. With the advent of electric cars, many believe that the catalysts will disappear. Are we nearing the end of the catalyst era we know of?

Catalytic Converters Market

The catalyst market is worth $ 42.4 billion in 2018 and is expected to grow at an annual rate of 8.10 percent to $ 73.1 billion in 2025. During the forecast period, the catalyst market is expected to be mainly in the United States, Europe and Asia. Rising demand for passenger cars and stricter emission standards, especially in Europe and North America, will increase demand for catalytic converters.

The catalytic converter market is not the only 3-way catalytic converter found in standard petrol passenger cars. There are many types of converters used for other types of cars, such as four-way catalytic converter (FWCC) and diesel oxidation catalyst (DOC), selective catalytic reduction (SCR) and lean NOx trapping (LNT).

Production of Catalytic Converters

It is important to keep this in mind when considering the future of catalysts. With the increased production of electric cars, many people question whether the catalysts can become obsolete. Catalyst production does not seem to end. Today, millions of petrol-powered cars on the roads, as well as industrial vehicles used for shipping and other heavy commercial vehicles, have a long service life. Replacing these essential cars is extremely expensive, and for most companies that rely on gasoline-powered cars, it is not possible to spend an additional tens of thousands of dollars on an electric cars.

Electric cars are not for everyone

In addition to price differences, the average consumer is also very concerned about the coverage of the electric car and the availability of the charging station. Limited coverage and a lack of charging stations reduce the attractiveness of electric cars. The transition to electric cars is slow because consumers are unable to accept and accept it. In many cities, where most residents live in apartments and do not have access to a charging station, or in cold areas where there may be freezing temperatures, they have to rely on gasoline cars.

The public may not be interested in switching to electric cars until manufacturers can significantly increase car coverage, shorten charging times and use a charging station, etc…

In summary

The catalytic converters will remain here for many years. With governments demanding more stringent emission standards, producing cleaner fuel-burning cars than more hybrids is a clear and effective solution. Catalysts in both of these conditions seem to have come a long way.