The Automotive Carbon Canister Market is to grow at a CAGR of 4.5% over the forecast period 2024-2031.
The Carbon Canister is a gasoline tank-mounted vehicle component of the evaporative emission control system (EVAP). When the vehicle comes to a stop, this mechanism captures and stores the fuel vapor emission from the fuel tank. After the filtration process in the canister, the stored fuel hydrocarbons are used for combustion when the engine starts up. The carbon in the canister absorbs polluted particles from the gasoline, making it safe to use. Inside the canister, there are three chambers that run in order from the input to the outtake. The canister's inside is made up of charcoal or carbon pellets. The canister's input is connected to the vent port on the gas tank, and the output is connected to the purge valve on the side of the vehicle's intake manifold.
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Carbon Canisters are devices found in automobiles that are designed to reduce the amount of pollution produced by the vehicle while also improving its fuel efficiency. Hydrocarbons are created even when the vehicle's engine is shut off. This is manifested in the form of rising fuel vapor in the fuel tank. Instead of allowing the vapors to escape the fuel tank, carbon canisters catch them and feed them back into the engine. Carbon Canisters are rectangular-shaped boxes that sit next to the throttle in most automobiles, apart from the fuel tank. There is an input port and an output port, both of which are next to each other.
In July 2020, Ingevity Corporation, for example, is known for delivering carbon materials, tailored polymers, and specialty chemicals. The company just revealed its new product, 'Powder Activated Carbon,' which may be utilized even after the vehicle has run out of gas and is in a halt position. The company claims that its new solution can recover 10,000 metric tonnes of fuel every day.
MARKET DYNAMICS:
KEY DRIVERS:
Rapid urbanization and industrialization are expected to increase people's discretionary income
The high carbon dioxide emissions, along with rising air pollution, are expected to drive the growth
The global increase in automobile emission restrictions
RESTRAINTS:
Electric vehicles are becoming more popular, which may stifle growth
The market's expansion is projected to be hampered by the high cost of raw materials
OPPORTUNITIES:
Several nations throughout the world are enacting severe regulations to minimize automotive emissions
Purge pumps and vitrifies are examples of innovative technology that can be viewed as potential market investments
Vehicle emissions are being regulated by a number of environmental organizations
CHALLENGES:
Petrol releases hydrocarbon vapors that include benzene. When inhaled, this gas poses a health risk
Several industries have closed their manufacturing facilities and moved their focus to production
The activated carbon canister market is experiencing major production and transportation issues as a result of government constraints on the manufacturing and transportation sectors. The pandemic has harmed the automotive activated carbon canister market size for 2020, with coronavirus causing a significant departure in the growth of automotive activated carbon canister manufacturers. The automotive activated carbon canister system is a growing industry that is being impeded by a pandemic that has shut down all sorts of production and installation across the afflicted countries, causing the pandemic to interrupt all activities. Nonetheless, the market is presently on an upward trend as a result of customers' increased purchasing power as a result of the epidemic, as well as a rise in vehicle sales, notably light commercial vehicles and passenger vehicles, as a result of consumer concerns about safety.
Based on the type segment, the global market has been divided into Small Capacity Carbon canisters and Large Capacity Carbon Canisters. Within the next few years, the small-capacity carbon canister phase is predicted to grow at a full-size CAGR.
The global market has been divided into OEM, and aftermarket based on the sales channel segment. The OEM category accounted for a substantial portion of the market and is expected to increase at a considerable CAGR in the following years.
Based on the vehicle type segment, the global market has been divided into passenger cars and commercial vehicles. The passenger car sector accounted for a substantial portion of the market and is expected to increase at a considerable CAGR in the future years. The strong demand for passenger automobiles around the world is to blame for this growth.
By Type:
Small Capacity Carbon Canister
Large Capacity Carbon Canister
By Sales Channel:
OEM
Aftermarket
By Vehicle Type:
Passenger cars
Commercial vehicles
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In the next years, Asia Pacific is expected to hold the largest share of the vehicle carbon canister market. The existence of multiple OEMs in China and India has contributed to this expansion. Furthermore, the region's growing population and industrialization are likely to improve passenger car manufacturing and sales. Because of the implementation of tight standards for reducing emissions in the atmosphere, the market in Europe would develop dramatically.
REGIONAL COVERAGE:
Robert Bosch GmbH, HELLA GmbH & Co., Continental AG, Ingevity, Ford, Nissan, Chrysler, ACDelco, Toyota, Mopar, Roki, Futaba, Delphi Automotive PLC, Langfang Huaan Automobile Equipment, Kayser Automotive Systems, Tianjin Gelin Lifu New Technology, Hengbo Holdings, Stant, Korea Fuel-Tech, and Asian Industry are some of the affluent competitors with significant market share in the Automotive Carbon Canister Market.
| Report Attributes | Details |
|---|---|
| CAGR | CAGR of 4.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Small Capacity Carbon Canister, Large Capacity Carbon Canister) • by Sales Channel (OEM, Aftermarket) • by Vehicle Type (Passenger cars, Commercial vehicles) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Robert Bosch GmbH, HELLA GmbH & Co., Continental AG, Ingevity, Ford, Nissan, Chrysler, ACDelco, Toyota, Mopar, Roki, Futaba, Delphi Automotive PLC, Langfang Huaan Automobile Equipment, Kayser Automotive Systems, Tianjin Gelin Lifu New Technology, Hengbo Holdings, Stant, Korea Fuel-Tech, and Asian Industry |
| Key Drivers | •Rapid urbanization and industrialization are expected to increase people's discretionary income. •The high carbon dioxide emissions, along with rising air pollution, are expected to drive the growth. |
| RESTRAINTS | •Electric vehicles are becoming more popular, which may stifle growth. •The market's expansion is projected to be hampered by the high cost of raw materials. |
Automotive Carbon Canister Market is to grow at a CAGR of 4.5% over the forecast period 2023-2030.
The major players in the market are Robert Bosch GmbH, HELLA GmbH & Co., Continental AG, Ingevity, Ford, Nissan, Chrysler, ACDelco, Toyota, Mopar, Roki, Futaba, Delphi Automotive PLC, Langfang Huaan Automobile Equipment, Kayser Automotive Systems, Tianjin Gelin Lifu New Technology, Hengbo Holdings, Stant, Korea Fuel-Tech, and others in the final report.
Forecast period of Automotive Carbon Canister Market is 2022-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Carbon Canister Market Segmentation, by Type
8.1 Small Capacity Carbon Canister
8.2 Large Capacity Carbon Canister
9. Global Automotive Carbon Canister Market Segmentation, by Sales Channel
9.1 OEM
9.2 Aftermarket
10. Global Automotive Carbon Canister Market Segmentation, by Vehicle Type
10.1 Passenger cars
10.2 Commercial vehicles
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 the USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 the UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Asian Industry,
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Robert Bosch GmbH
12.3 HELLA GmbH & Co.
12.4 Continental AG
12.5 Ingevity
12.6 Ford
12.7 Nissan
12.8 Chrysler
12.9 ACDelco
12.10 Toyota
12.11 Mopar
12.12 Roki
12.13 Futaba
12.14 Delphi Automotive PLC
12.15 Langfang Huaan Automobile Equipment
12.16 Kayser Automotive Systems
12.17 Tianjin Gelin Lifu New Technology
12.18 Hengbo Holdings
12.19 Stant
12.20 Korea Fuel-Tech
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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