Press release
Comprehensive Analysis on Stationary Catalytic Systems Market with Key Players: Hug Engineering, Kwang sung, Agriemach, Johnson Matthey, DCL International, Yara International, AMEC Foster Wheeler, Ducon Technologies, McGill AirClean
China market is projected to witness growth owing to introduction of NOx reduction mandates along with stringency in the existing directives. Increasing investments with an aim to develop new industrial facilities coupled with the rising focus toward energy efficiency will drive the stationary catalytic systems market growth. China, under its 13th five-year plan for the Energy Conservation & Emission Reduction Program has set emphasis on the improvement of energy efficiency across the industries, that has strengthened the business landscape.
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Stationary catalytic systems market is predicted to exceed USD 6 Billion by 2025. Rising emission levels from power plants & other industries coupled with the introduction of government norms to limit pollution will positively influence the business landscape. The EPA announced National Ambient Air Quality Standards (NAAQS) that aim to limit NOx emissions from gas turbines and boilers. Growing concerns toward adverse effects of pollution along with stringency in norms is projected to boost the installation of oxidation catalyst & Selective Catalytic Reduction systems (SCRs).
Power plants application was worth over 2 billion in 2018. Rising electricity demand coupled with rapid industrialization will augment the product installation. Economic development primarily in Asia Pacific along with increasing manufacturing activities is leading to an expansion in self-regulated utilities for generating power, further expanding the stationary catalytic systems market. In addition, norms and standards toward zero emission building coupled with restructuring of aging plants & industries are the underline parameters complementing the industry landscape.
Ongoing research and development activities pertaining product enhancement & design to diminish the cost pressure will fuel the stationary catalytic systems market growth rate. Growing significance on energy efficiency, management & optimization across the power plants and industries along with rising investments toward development of technically advanced SCRs will further boost the product penetration.
Rapid industrialization, growing electricity consumption and introduction of energy efficiency protocols will positively influence the stationary catalytic systems market. Ongoing efforts to minimalize the electricity demand and supply gap is projected to drive the product demand. In addition, rising government protocols pertaining equipment inspection, construction and operation will augment the product installation.
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The U.S. market is anticipated to witness growth over 5% by 2025. Strict government mandates along with technologically advanced product features & increasing focus toward sustainable units will encourage the product deployment. In addition, presence of sophisticated infrastructure coupled with ongoing refurbishment of aged technology is projected to stimulate the industry outlook.
Key industry manufacturers in the stationary catalytic systems market includes Agriemach, Ducon Technologies, DCL International, Kwang sung, Hug Engineering, MAN Energy Solutions, Johnson Matthey, Babcock and Wilcox, Yara International, McGill AirClean, AMEC Foster Wheelerand CORMETECH.
Table of Contents:
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 360 degree 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
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