Press release
Stationary Catalytic Systems Market 2016- Huge Market Growth Till 2024. Top International Brands: BASF, Amec Foster Wheeler, Johnson Matthey, DCL International Inc., Babcock & Wilcox MEGTEC (B&W MEGTEC), Hamon Corporation, Ducon Technologies Inc., APC Tec
Stationary Catalytic Systems Market
Rising demand for oxidation catalysts to control pollutant emission including formaldehyde, VOC, CO from gas turbine power generators is predicted to propel growth. Positive outlook towards metal, refining, food and chemical industry across Asia Pacific will further complement industry outlook as these sectors have wide application for catalytic incineration processes. Increasing demand for electricity with growing population and rapid industrialization is set to drive the stationary catalytic systems market size in future.
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“Stationary Catalytic Systems Market Size By Technology (Selective Catalytic Reduction, Catalytic Oxidation), By Application (Power Plants, Chemicals & Petrochemicals, Cement , Metal), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Spain, Italy, Netherlands, Russia, Ukraine, Belarus, China, India, Japan, South Korea, Indonesia, Australia, Saudi Arabia, UAE, South Africa, Nigeria, Angola, Brazil, Argentina, Venezuela, Chile, Peru), Price Trends, Growth Potential, Competitive Market.
Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/stationary-catalytic-systems-market
Competitive Insights:
BASF
Amec Foster Wheeler
Johnson Matthey
DCL International Inc.,
Babcock & Wilcox MEGTEC (B&W MEGTEC)
Hamon Corporation
Ducon Technologies Inc.
APC Technologies, Inc.
MECA
Cormetech
Air Clean USA, LLC
Key insights from the report include:
China stationary catalytic systems market size contributed over 30% of regional revenue share in 2015 and is expected to grow over 4%, subject to increasing implementation of coal fired power plants. As of 2016, China has over 900 GW of coal fired power plant and 200GW capacity coal fired plant under construction.
Growing demand for construction and renovation of infrastructure will favor the India stationary catalytic system market growth in future. Government of India has aims to invest over USD 376 billion in infrastructure by 2019 which includes USD 120.49 billion for industrial and USD 75.30 billion for port, railway and road connectivity projects.
Stationary catalytic systems market share from catalytic oxidation contributed 36% in 2015. Organic chemicals, resin and polymers & rubber production has its wide application which will positively encourage industry growth.
Europe stationary catalytic systems market size is expected to witness growth with stringent government regulations for industry particulate emission. Germany contributed over 25% of regional revenue share in 2015 and is predicted to exceed USD 320 million by 2024.
Peru stationary catalytic systems market size is expected to cross USD 40 million by 2024. Abundant availability of mineral reserves coupled with rising economic growth will propel industry growth.
Canada is planning to invest over USD 24 billion by 2024 on housing, sewage treatment and public transit project which will propel the business growth in future. Canada stationary catalytic systems market share contributed over 20% in 2015.
Major industry participants include Hamon Corporation, DCL International Inc., Babcock & Wilcox Enterprises, Amec Foster Wheeler, Ducon Technologies, Air Clean LLC, Johnson Matthey, BASF, CORMETECH, MECA and APC technologies.
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Stationary Catalytic System market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Global Stationary Catalytic Systems Market by Technology:
• Selective Catalytic Reduction
• Catalytic Oxidation
Global Electrostatic Precipitator Market by Application:
• Power Plants
• Chemicals and Petrochemicals Industry
• Cement Industry
• Metal Industry
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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