Denox Catalyst Market Size & Share, Forecast 2017-2025: Development Trends and Future Growth

The report analyzes and presents an overview of "Denox Catalyst Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Denox Catalyst” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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NOx is a term collectively used for nitrogen oxides, i.e., NO (nitric oxide) and NO2. (Nitrogen dioxide). Combustion and flue gases majorly contributes to the production of NOx. NOx, the products of man-made activities are responsible for acid rains, global warming, and pollution. The need to eliminate these compounds from nature led to the development of denox catalysts. On the addition of ammonia to NOx, denox catalysts trigger the conversion of hazardous NOx into naturally occurring nitrogen and water. If ammonia, in the form of urea is employed, CO2 is also generated as a by-product. Till date, efficiency of reducing NOx to nitrogen and water is achieved up to 70-95%. Denox catalysts can be utilized in selective catalytic reduction (SCR) systems of boilers, turbines, diesel engines, water incineration and biomass, power stations, chemical plants, etc., which can ultimately result in the lower emission of NOx because of its catalytic conversion.

Denox catalysts can be segmented in terms of manufacturing material, shape of the catalyst and applications. The manufacturing of catalysts include ceramic, zeolites and oxides of different base and precious metals. Base metal catalysts can work under common industry temperature conditions (200 to 600°C), whereas zeolite catalysts require higher temperature range so that they can be utilized in higher temperature applications. Denox catalyst is either plate shaped or honeycomb shaped. Plate catalysts maintain lower pressure drop; however, they are larger and costly; while porous honeycomb catalysts provide more surface area for substrates to get adsorbed. They perform best in the temperature range of 350 to 450°C. These catalysts can get deactivated due to chemical and physical mechanisms such as poisoning, pore blocking, fouling, channel blocking, etc. Alkali metals and phosphorous are primarily responsible for poisoning of the catalysts. Condensation of some volatile organic compounds on the surface of the catalysts result in the deactivation. Impairment of SCR systems due to some compounds in biomass, flue gases can be another technical challenge. In terms of application the Denox catalysts market can be segmented into transportation vehicles, steel plants, refinery plants, power plants, cement plants, mining and smelting, polymers and plastics and others.

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Social and political concerns about global warming and increasing awareness about sustainable development are driving the demand for denox catalysts. Increasing usage of vehicles, industrial growth, technology advancements, and strengthened regulations for emission control are anticipated to fuel the denox catalysts market. Research and development activities are anticipated to promote the usage of catalysts. In terms of region, the denox catalysts market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Demand for denox catalyst is rising from countries such as India and China due to their rapidly expanding economies and focus on emission control measures. The stringent norms in North America and Europe imposed by governments and regulatory bodies have led to the minimization of the total permissible emission of NOx, which in turn is anticipated to propel the denox catalysts market. Demand for pollution removal agents is estimated to rise due to low quality of fuel resources in Middle East & Africa. The Asia Pacific denox catalyst market is likely to expand at a rapid pace during the forecast period. Major players operating in the global denox catalysts market include CRI Catalysts, BASF, JGC C&C, Johnson Matthey, Tuna Corporation, and VINCI Environment.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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