Nitrogen Oxide Control Systems Market - Huge Growth Opportunities & Expansion till 2025 with CECO Environmental, Fuel Tech., S.A. Hamon, Siemens AG, and the Shell Group.
Nitrogen Oxide Control Systems Market was valued at $17,833 million in 2017, and is projected to reach $28,044 million by 2025, registering a CAGR of 5.7% from 2018 to 2025.
Download Sample PDF@ https://www.alliedmarketresearch.com/request-sample/980
Nitrogen oxide (NOx) control systems are used to control and reduce harmful nitrogen oxide emissions released from various sources such as automobiles, power plants, cement industry, and others. Nitrogen dioxide is referred to as an oxide of nitrogen, which reacts with atmospheric gases to form smog and acid rain. It is responsible for formation of fine particles and ground-level ozone, both of which are associated with adverse health effects. Thus, there is a growth in demand for nitrogen oxide control systems, for reducing the emission of nitrogen oxide.
However, limited operational range of this system is a major performance issue, which is expected to hinder the growth of the global nitrogen oxide control systems market. New developments in pollution control technologies and increase in consumer awareness regarding pollution control are expected to offer growth opportunities to the global nitrogen oxide control systems market.
For Purchase Enquiry@ https://www.alliedmarketresearch.com/purchase-enquiry/980
Nitrogen oxide control systems based on selective catalytic reduction (SCR) technology are in high demand among end users. However, the selective non-catalytic reduction (SNCR) technology is expected to grow at a high CAGR during the forecast period. The SNCR operating and capital costs are lowest among all the NOx reduction methods, and the retrofit is also relatively simpler. In addition, SNCR has low downtime for large- and medium-size units. Furthermore, it is applied with combustion control to ensure higher NOx reduction.
Key Findings of the Nitrogen Oxide Control Systems Market:
o The selective catalytic reduction segment accounted for two-fifths market share in 2017.
o The industrial segment is anticipated to grow at the highest rate in the nitrogen oxide control systems market during the forecast period.
o The Asia-Pacific nitrogen oxide control systems market accounted for nearly half of the market share in 2017.
o The LAMEA region is anticipated to grow with the highest CAGR of 7.6% during the forecast period.
Asia-Pacific was the leading revenue contributor to the global NOx market in 2017, and it is expected to dominate the market during the forecast period. The demand for cement in the construction industry has been growing at a significant rate in the Asia-Pacific region, which has led to increase in emissions of nitrogen oxide into the atmosphere. Cement manufacturing along with transportation is one of the important applications of nitrogen oxide control systems. Likewise, coal-fired power plants have been experiencing high growth rates in countries such as China, India, Vietnam and Japan, further propelling the demand for nitrogen oxide control systems and boosting the growth of the market.
The key players of this market include Babcock & Wilcox Enterprises, Inc., CECO Environmental, Ducon Technologies, Inc., Fuel Tech, Honeywell International, Inc., John Wood Group PLC, Mitsubishi Hitachi Power Systems, Ltd., S.A. Hamon, Siemens AG, and the Shell Group. Other players (these players are not profiled in the report, and the same can be included on request) in the value chain include Thermax Limited, Fujian Longking Co., Ltd., and Delphi Technologies.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow us on: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nitrogen Oxide Control Systems Market - Huge Growth Opportunities & Expansion till 2025 with CECO Environmental, Fuel Tech., S.A. Hamon, Siemens AG, and the Shell Group. here
News-ID: 1953488 • Views: 399
More Releases from Allied Analytics LLP
Traction Motor Market Organization, Deployment Type, Vertical and Region – Glo …
Allied Market Research published a report titled, "Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027."According to the report, the global traction motor industry was estimated at $10.78 billion in 2019, and is expected to hit $30.06
Ceramic Injection Molding Market Strategic Insights and key Business Influencing …
Global ceramic injection molding market size was $375.0 million in 2018 and is projected to reach $746.2 million in 2026, growing at a CAGR of 8.8%. The alumina segment accounted for over two-fifths of the market share in 2018 and is expected to witness significant growth during the global ceramic injection molding market forecast period. Rapid production & bulk production advantage, high demand for injection-molded ceramic products, low labor cost and
Smart Bathrooms Market Trends and Future Growth Projections by 2023 | Delta Fauc …
Global smart bathrooms market is expected to reach $2.52 billion by 2023, registering a CAGR of 10.7% during the forecast period. Increase in investments to build smart homes, surge in development of non-residential infrastructure, and rise in awareness for energy & water conservation and hygiene have boosted the growth of the global smart bathroom market. Moreover, trend of lavish and state-of-the-art home products owing to surge in consumer disposable income
Compact Construction Equipment Market Scope, Opportunities, Trends, and Forecast …
Compact Construction Equipment Market is expected to reach at $9,438 million by 2023, growing at a CAGR of 6.2% during the forecast period. Asia-Pacific accounted for approximately 32.0% of the market share in 2016 and is expected to witness significant growth during the forecast period. Compact construction equipment is small in size, highly efficient, and easy to use. They find their application majorly in the construction
More Releases for Nitrogen
Nitrogen Fertilizers Market Research Report 2018
The ‘Global and Chinese Nitrogen Fertilizers Industry, 2013–2023 Market Research Report’ is a professional and in-depth study on the current state of the global Nitrogen Fertilizers industry with a focus on the Chinese market. The report provides key statistics on the market status of the Nitrogen Fertilizers manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Download FREE Sample of this Report @
Global Nitrogen Generation (Nitrogen Generator) Market 2018 - Atlas Copco, South …
The Study discussed brief overview and in-depth assessment on Global Nitrogen Generation (Nitrogen Generator) Market 2018 including key market trends,upcoming technologies,industry drivers,challenges,regulatory policies,with key company profiles and overall competitive scenario.The market study can help them to make critical business decisions on production techniques,raw materials procurement,and to increase industry chain cycle of market across the globe. Nitrogen Generator is a device use air and nitrogen as raw materials by physical means separating
Global Nitrogen Generation (Nitrogen Generator) Market Strategies and Forecasts, …
Qyresearchreports include new market research report "Global Nitrogen Generation (Nitrogen Generator) Market Research Report 2017" to its huge collection of research reports. QYResearchReports.com has added a new report covering the global Nitrogen Generation (Nitrogen Generator) market to its vast database. The research report studies the global Nitrogen Generation (Nitrogen Generator) market to analyze the factors impacting it. The report has been divided into several chapters that discuss the global Nitrogen Generation
Global Liquid Nitrogen Market 2017
Global Liquid Nitrogen Report 2017 Major Manufacture Analysis Of Liquid Nitrogen Market 2017. The report presents a Depth Research of the market growth factors and drivers. A Deep research of the Liquid Nitrogen Market limitations and the opportunities enable the user to make the future projection. The report also includes Company Profile, based on the manufacturing methods, technological advancements, and innovations. GET SAMPLE REPORT @ https://www.reportsmonitor.com/request-sample/?post=398982 The report has been prepared based
Nitrogen Cryogenic Equipment Market Report 2017
In this report, the Asia-Pacific Nitrogen Cryogenic Equipment market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Pcs), revenue (Million USD), market share and growth rate of Nitrogen Cryogenic Equipment for these regions, from 2012 to
Global Nitrogen Generation Market Research Report 2017
This report studies Nitrogen Generation in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering PEAK SCIENTIFIC Parker airproducts Linde Engineering Hitachi Praxair Proton South-Tek Systems Grasys Atlas Copco On Site Gas Systems Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=888473&ptitle=Global+Nitrogen+Generation+Market+Research+Report+2017&req=Sample IGS Generon NOVAIR Holtec Gas Systems Nuberg Engineering Ltd Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and