Press release
Global Selective Catalytic Reduction (SCR) Market Segment Analysis by Application (Passenger Vehicle, Commercial Vehicle)
Selective catalytic reduction basically controls the emission of nitrous oxide by adding automotive grade urea into the exhausts which results in conversion of nitrogen oxides into carbon di oxide, nitrogen and water. Selective Catalytic Reduction (SCR) has witnessed tremendous growth off late mainly due to the favorable government policies across the globe trying to curb vehicle emission. Alarming growth in health hazards caused due to vehicular emission have resulted in growing awareness among individuals contributing towards the growth of the selective catalytic reduction (scr) market.
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The Asia-Pacific region is expected to provide lucrative opportunities to layers in the Selective Catalytic Reduction (SCR) system market. Stringent government regulations combined with improving transportation facilities and infrastructure are expected to aid the growth of the Selective Catalytic Reduction (SCR) system market in this region. With government authorities in countries such as India and China encouraging original equipment manufacturers to implement such systems in vehicles mainly to enhance fuel efficiency and curb emissions, the market for Selective Catalytic Reduction (SCR) is expected to thrive in this region. Growing vehicle production and demand in the Asia-Pacific region is also expected to push the demand in the selective catalytic reduction market. Increasing investment in the automotive sector combined with massive overhaul of the infrastructure are other major factors driving the market in this region.
The global Selective Catalytic Reduction (SCR) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Selective Catalytic Reduction (SCR) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Selective Catalytic Reduction (SCR) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Faurecia SA (France)
Tenneco, Inc. (U.S.)
Eberspacher Group (Germany)
Benteler International AG (Germany)
Magneti Marelli S.p.A. (Italy)
Amminex Emissions Technology (Denmark)
Toyota Motor Corporation (Japan)
SDC Materials (U.S.)
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Diesel Powered Vehicles
Gasoline Powered Vehicles
Segment by Application
Passenger Vehicle
Commercial Vehicle
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