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Automotive Catalytic Converter Market to Rise at CAGR of 7.36% During Forecast Period, Observes TMR Study

Due to rising sales of vehicles throughout the world, the global automotive catalytic converter market is expected to grow at a rapid pace. Demand for fuel-efficient vehicle parts is rising as people become more concerned about the negative effects of global warming, pollution, and climate change. This factor is likely to increase sales for automotive catalytic converters. Automobile manufacturers are employing new technologies to create vehicles that are more fuel efficient and emit less pollutants in the air.
ALBANY, N.Y., (informazione.it - comunicati stampa - industria)

Due to rising sales of vehicles throughout the world, the global automotive catalytic converter market is expected to grow at a rapid pace. Demand for fuel-efficient vehicle parts is rising as people become more concerned about the negative effects of global warming, pollution, and climate change. This factor is likely to increase sales for automotive catalytic converters. Automobile manufacturers are employing new technologies to create vehicles that are more fuel efficient and emit less pollutants in the air.

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