Press release
Stationary Emission Control Catalyst Market to Witness Robust Expansion by 2023
Emission control catalysts are now used on all types of internal combustion engines, as well as in a number of stationary applications. Catalytic reactors for mobile applications, known as catalytic converters, utilize catalyst-coated monolithic substrates. Terms which are used to characterize the catalyst performance include conversion efficiency, light-off temperature, and space velocity.
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Global Stationary Emission Control Catalyst Market: Forecast by Type / Application / Region
The importance of emission control catalysts has been increasing as environmental concerns and measures to fight pollution have become more important globally. Emission control catalysts are divided into two types according to the source of the emission: emission control catalysts for mobile sources (such as automobile catalysts) and for stationary sources. The largest part of the market is the mobile emission catalyst segment; the stationary emission catalyst market is smaller.
Following the success in mobile engine applications, catalyst technologies were introduced for stationary applications, for the control of volatile organic compounds (VOC) and NOx emissions. The list of catalyst applications covers such emission sources as chemical plants, painting and coating processes, ovens, printing, dry cleaning, power generation, and, last but not least, stationary engines. Examples of catalyst technologies for stationary engines include non-selective catalytic reduction (NSCR) of NOx from rich burn natural gas engines and selective catalytic reduction (SCR) of NOx by ammonia from diesel engines.
USA is the largest consumption country of Stationary Emission Control Catalyst products in the world in the past few years while the market share increased to about 20.53% in 2015 from 24.85% in 2011.
Over the next five years, LPI(LP Information) projects that Stationary Emission Control Catalyst will register a 1.0% CAGR in terms of revenue, reach US$ 580 million by 2023, from US$ 550 million in 2017.
Global Stationary Emission Control Catalyst Market: Key Players
Johnson Matthey plc
BASF
Cataler Corporation
Hailiang
Clariant International AG
Cormetech Inc
Corning Inc
DCL International Inc
UOP LLC (Honeywell)
Guodian Longyuan
Tianhe (Baoding)
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Related Information:
United States Stationary Emission Control Catalyst Market Research Report 2018
Europe Stationary Emission Control Catalyst Market Research Report 2018
North America Stationary Emission Control Catalyst Market Research Report 2018
Asia-Pacific Stationary Emission Control Catalyst Market Research Report 2018
China Stationary Emission Control Catalyst Market Research Report 2018
EMEA Stationary Emission Control Catalyst Market Research Report 2018
Global Stationary Emission Control Catalyst Market Research Report 2018
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