openPR Logo
Press release

Selective Catalytic Reduction (SCR) Catalyst Market – Insights on Current Scope 2020 to 2030

02-17-2021 12:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Selective Catalytic Reduction (SCR) Catalyst Market –

Advanced active emission control technology and efficacy to react with nitrogen oxide (NOx) to convert pollutants into nitrogen, water, and tiny amounts of CO2 have increased the demand for selective catalytic reduction (SCR) catalyst technology.

The scenario is projected to continue during the forecast period (2020 to 2030), owing to increased demand for SCR catalysts for diesel engines.

Get all Report Details@ https://www.factmr.com/report/4968/selective-catalytic-reduction-scr-catalyst-market

Diesel engine vehicles have gained significant traction in recent years, and in order to reduce the large amounts of NOx and diesel particulate matter, the SCR catalyst market is set to expand at a decent pace during the forecast period.

As per Fact.MR research, the global selective catalytic reduction catalyst market is poised to expand at a CAGR of 6% during the forecast period, and reach a valuation of more than US$ 4 Bn by 2030-end.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4968

Key Takeaways from SCR Catalyst Market Study

Stringent norms to limit emissions of (Nox) will positively impact the growth of the SCR catalyst market.

Due to the efficacy to maximize the operational flexibility of furnaces and with minimal or no gas reheat, SCR catalysts have become the ideal emission reducing technology in petroleum refineries.

On the basis of type, DeNox SCR catalyst technology has remained the primary choice among end users, and accounted for nearly three-fourth of the global selective catalytic reduction catalyst market share in 2019.

To get exclusive insights on the keyword market, request for methodology here@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=4968


Power plants have remained largest consumers of SCR catalysts among all the applications, and are set to surpass a market valuation of US$ 1.5 Bn by the end of 2030.

Attributed to China’s huge coal power plant industry and renewable energy industry, East Asia has led the consumption of SCR catalysts, accounting for nearly one-third of the global market.

With import-export restrictions in place due to the COVID-19 pandemic, the procurement of raw material has become an issue, which is stunting the growth of the SCR catalyst market.

In response to limit NOx and other harmful pollutants emitting from industries and heavy duty diesel vehicles, SCR catalyst manufacturers have deepened their roots in Asia Pacific.

For comprehensive insights on keyword adoption, ask an analyst here@ https://www.factmr.com/connectus/sample?flag=AE&rep_id=4968

Prominent players have been involved in strategic partnerships and long-term supply agreements in order to strengthen their market position.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A, franklin. arnold
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Selective Catalytic Reduction (SCR) Catalyst Market – Insights on Current Scope 2020 to 2030 here

News-ID: 2243993 • Views:

More Releases from Fact.MR

Recycled Paper Bags Market is Expected to Reach a Valuation of USD 7 billion by 2035 | FactMR Report
Recycled Paper Bags Market is Expected to Reach a Valuation of USD 7 billion by …
The global recycled paper bags market is poised for steady expansion in the coming decade. As of 2025, the market is estimated at USD 5 billion, and projections indicate it will increase to approximately USD 7 billion by 2035, achieving a compound annual growth rate (CAGR) of 3.4 percent over this period. This growth is fuelled by increasing regulatory pressure on single-use plastics, rising consumer preference for sustainable packaging, and
Himalayan Salt Market is Expected to Reach a Valuation of USD 868.3 million by 2 …
The Himalayan salt market has been experiencing consistent growth, fueled by rising consumer awareness of natural and wellness-oriented products. Market projections indicate that the global Himalayan salt industry will expand from USD 528 million in 2025 to USD 868.3 million by 2035, reflecting a compound annual growth rate (CAGR) of 5.1 percent. This growth is not only tied to the increasing popularity of Himalayan salt as a culinary ingredient but
Tinplate Market is Expected to Reach a Valuation of USD 35.4 billion by 2035 | FactMR Report
Tinplate Market is Expected to Reach a Valuation of USD 35.4 billion by 2035 | F …
The global tinplate market is projected to increase from USD 25.8 billion in 2025 to USD 35.4 billion by 2035, registering a compound annual growth rate (CAGR) of 3.2 percent during the forecast period. This growth is being driven by a rising emphasis on sustainable, recyclable packaging solutions, alongside the strong performance of the food and beverage industry. Tinplate is increasingly favored due to its durability, corrosion resistance, and recyclability,
Sulphur-Coated Urea Market is Expected to Reach a Valuation of USD 7.5 billion by 2035 | FactMR Report
Sulphur-Coated Urea Market is Expected to Reach a Valuation of USD 7.5 billion b …
The global sulphur-coated urea market is entering a phase of robust expansion. The market is expected to rise from USD 4.0 billion in 2025 to USD 7.5 billion by 2035, registering a compound annual growth rate (CAGR) of 6.5 percent over the forecast period. This growth highlights the increasing importance of controlled-release fertilizers in modern agriculture, where nutrient efficiency and reduced losses are becoming critical priorities. Segmentation of the Sulphur-Coated Urea

All 5 Releases


More Releases for SCR

Global Triac And Scr Output Photocouplers Market Size by Application, Type, and …
According to Market Research Intellect, the global Triac And Scr Output Photocouplers market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The market for triac and SCR output photocouplers is expanding steadily due to the growing
Selective Catalytic Reduction SCR System Market Size and Forecast
Selective Catalytic Reduction SCR System Market size was valued at USD 13.14 Billion in 2023 and is expected to reach USD 34.25 Billion by the end of 2030 with a CAGR of 24% during the Forecast Period 2024-2030. Selective Catalytic Reduction SCR System Market Outlook and Investment Analysis What is the current outlook for the Selective Catalytic Reduction (SCR) System Market? The Selective Catalytic Reduction (SCR) system market is projected to experience steady
Global SCR Denitrification Catalyst Market
SCR (Selective Catalytic Reduction) denitrification catalysts are used to reduce nitrogen oxide emissions from industrial sources, such as power plants, cement plants, and chemical plants. These catalysts are designed to selectively reduce nitrogen oxides to nitrogen and water using ammonia or urea as a reducing agent. Get a Free Sample Copy of the Global SCR Denitrification Catalyst Market Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6875266 The global SCR denitrification catalyst market has been growing steadily
Selective Catalytic Reduction (SCR) System Market 2022 | Detailed Report
The Selective Catalytic Reduction (SCR) System market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Selective Catalytic Reduction (SCR) System report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period. The Selective Catalytic Reduction (SCR) System research
SCR Power Controller Market: Competitive Dynamics & Global Outlook 2024
Market Research Report Store offers a latest published report on SCR Power Controller Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the SCR Power Controller market will register a 7.4% CAGR in terms of revenue, the global market size will reach US$ 192.5 million by 2024, from US$ 144.9 million in
Global SCR Denitrification Catalyst Market Growth 2019-2024
LP INFORMATION offers a latest published report on SCR Denitrification Catalyst Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the SCR Denitrification Catalyst market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.