Press release
How Stationary Catalytic Systems Market Growing Rapidly...? Johnson Matthey, Yara International, AMEC Foster Wheeler
Stationary Catalytic Systems Market
In addition, the country emphasized on the enhancement of energy efficiency across various industries under the 13th Five Year Plan for Energy Conservation and Emission Reduction Program that has complemented the product demand.
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170 pages
260 market data tables
26 figures & charts
Stationary Catalytic Systems Market size is set to surpass USD 6 billion by 2025Increasing nitrogen emissions from power plants and other industrial applications along with the growing concerns toward its adverse effects on environment and human health will complement the stationary catalytic systems market growth. The EPA introduced regulations under National Ambient Air Quality Standards (NAAQS) with an aim to limit nitrogen emissions from boilers and gas turbines. Rising concerns pertaining NOx emissions along with stringent legislative norms is anticipated to encourage the adoption of Selective Catalytic Reduction Systems (SCRs) & oxidation catalyst.
Power plants application was valued over 2 billion in 2018. Increasing demand for electricity consumption along with rapid industrialization is anticipated to augment the product deployment. Rising demand for manufacturing activities have led to an expansion of in self-regulated power generating utilities, further encouraging the stationary catalytic systems market growth. In addition, restructuring of aging plants owing to increasing focus on green agenda is one of the underline parameters that will support the industry landscape.
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• Johnson Matthey,
• Yara International,
• AMEC Foster Wheeler
Ongoing R&D investments pertaining product design and ability to reduce the cost pressure will strengthen the business outlook. In addition, growing significance of energy management and optimization across the industries coupled with increasing investments toward the development of technologically advanced SCRs is projected to drive the global market growth.
The U.S. market is projected to grow over 5% by 2025. Stringency in government directives along with technological enhancements to improve product features will complement the product demand. Introduction of National Ambient Air Quality Standards (NAAQS) in the U.S. that define air quality levels is anticipated to drive the market growth. In addition, replacement of existing infrastructure coupled with ongoing retrofitting activities will strengthen the business landscape.
Growing electricity demand along with increasing efforts to minimize the energy demand-supply gap is projected to complement the stationary catalytic systems market share. Moreover, increasing contribution from major financial institutions including Asian Development Bank, International Monetary Fund and African Development Bank will positively influence the industry landscape.
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Key industry manufacturers for the stationary catalytic systems market comprises of Kwang sung, Agriemach, Hug Engineering, Johnson Matthey, MAN Energy Solutions, DCL International, Yara International, Babcock and Wilcox, AMEC Foster Wheeler, Ducon Technologies, McGill AirClean, and CORMETECH.
Stationary Catalytic Systems Market, By Technology
• Selective Catalytic Reduction System
• Oxidation Catalyst
Stationary Catalytic Systems Market, By Application
• Power Plants
• Chemical & Petrochemical
• Cement
• Metal
• Marine
• Manufacturing
• Others
Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimates and forecast parameters
1.4. Data Sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid Sources
1.4.2.2. Public Sources
1.5. Abbreviations
Chapter 2. Executive Summary
2.1. Stationary catalytic systems industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Stationary Catalytic Systems Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor Matrix
3.4. Historic trend analysis
3.5. Regulatory landscape
3.5.1. U.S.
3.5.1.1. Clean Air Act
3.5.1.2. National Ambient Air Quality Standards (NAAQS)
3.5.2. Canada
3.5.2.1. Cement manufacturing
3.5.2.2. Coal-fired electricity generation
3.5.3. Europe
3.5.3.1. Ambient Air Quality Legislations
3.5.4. China
3.5.4.1. The 13th Five-Year Plan (2016-2020)
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Stringent regulatory framework toward NOx emissions
3.6.1.2. Growing electricity demand
3.6.2. Industry pitfalls & challenges
3.6.2.1. High installation cost
3.7. Key customer requirements
3.8. Entry barriers
3.9. Growth potential analysis
3.10. Porter’s analysis
3.11. Competitive landscape, 2018
3.11.1. Strategy dashboard
3.11.1.1. Babcock & Wilcox Enterprises
3.11.1.1.1. Contract
3.11.1.1.2. Acquisitions
3.11.1.1.3. Agreement
3.11.1.2. Hug Engineering
3.11.1.2.1. Contract
3.11.1.2.2. Agreement
3.12. PESTEL Analysis
Chapter 4. Stationary Catalytic Systems Market, By Technology
4.1. Global Stationary catalytic systems market share by technology, 2018 & 2025
4.2. SCR
4.2.1. Global market from SCR, 2014-2025
4.2.2. Global market from SCR, by region 2014 – 2025
4.3. Oxidation catalyst
4.3.1. Global market from oxidation catalyst, 2014-2025
4.3.2. Global market from oxidation catalyst, by region 2014 – 2025
Chapter 5. Stationary Catalytic Systems Market, By Application
5.1. Global stationary catalytic systems market share by application, 2018 & 2025
5.2. Power Plants
5.2.1. Global market from Power Plants, 2014-2025
5.2.2. Global market from Power Plants, by region 2014 – 2025
5.3. Chemical & Petrochemical
5.3.1. Global market from Chemical & Petrochemical, 2014-2025
5.3.2. Global market from Chemical & Petrochemical, by region 2014 – 2025
5.4. Cement
5.4.1. Global market from Cement, 2014-2025
5.4.2. Global market from Cement, by region 2014 – 2025
5.5. Metal
5.5.1. Global market from Metal, 2014-2025
5.5.2. Global market from Metal, by region 2014 – 2025
5.6. Marine
5.6.1. Global market from Marine, 2014-2025
5.6.2. Global market from Marine, by region 2014 – 2025
5.7. Manufacturing
5.7.1. Global market from Manufacturing, 2014-2025
5.7.2. Global market from Manufacturing, by region 2014 – 2025
5.8. Others
5.8.1. Global market from Others, 2014-2025
5.8.2. Global market from Others, by region 2014 – 2025
Related Report:
https://www.marketwatch.com/press-release/electrical-conduit-market-growth-analysis-and-trends-forecast-to-2024-2019-03-29
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