Stationary Emission Control Catalysts Market – Size, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Global

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Stationary Emission Control Catalysts Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The market was valued at USD 1,436.74 million in 2017 and is expected to reach USD 2433.14 million by 2024, at a CAGR of 9.18%, during the forecast period. Stationary emission catalysts are used to control the release of carbon monoxide, SOX, NOX, particulate matter and other trace elements such as mercury, cadmium, and lead, present in various industrial emissions.

Stationary Emission Control Catalysts Market Share:

A selective catalytic reduction is the majorly used process and is used primarily for removing NOX from the emissions. Selective Catalytic Reduction (SCR) is an advanced active emissions control technology system that injects a liquid-reductant agent through a particular catalyst into the exhaust stream of a diesel engine. The reductant source is usually automotive-grade urea, otherwise known as Diesel Exhaust Fluid (DEF).

Stationary Emission Control Catalysts Market Size:

Europe accounts for the significant share in the market, owing to the active environmental regulations present in the region. North America is also expected to witness a high growth rate, owing to the increasing

Stationary Emission Control Catalysts Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

rules in the power sector.

Stationary Emission Control Catalysts Market

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Stationary Emission Control Catalysts Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Growth:

Emission reduction from automobiles and industrial processing units has been one of the top priorities across the world that has been boosting the emission control catalyst market. The high growth in the automotive and industrial sectors is driving the ECC market. Strict emission regulations standards set by the EU, adoption of EU equivalent emission standards by China and other Asia-Pacific countries, an increase in the demand for diesel oxidation catalysts is driving the emission control catalyst market.

Stationary Emission

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