"Our Catalyst division is operated through our wholly-owned subsidiary Catalytic Solutions, Inc. This division primarily serves the light duty vehicle (LDV) market including major automaker customers and other original equipment manufacturers, or OEMs, such as Honda. This is where we sell our proprietary, low-platinum group metals advanced catalytic coatings which accelerate the breakdown of exhaust gasses. Globally, this market is estimated to exceed $7 billion by 2015, according to a report issued by Global Industry Analysts, Inc."
The part I liked was the $7 billion dollar global market by 2015. Who are their competitors?
If CDTI is indeed the leader in this field from a technological perspective, then this company will be scaling new heights and very soon. In addition, they will be a strong buyout candidate by one of their competitors. Anyone know who is their competition and how they stack up against them?