Stationary Catalytic Systems Market – Global Industry

Stationary Catalytic Systems Market is estimated to reach US$ XX Mn by 2026 in terms of revenue at CAGR of XX % in the forecasting Period.
Stationary Catalytic Systems Market
Regulatory norms toward industrial emission together with growing concerns related to GHG emission will drive the global stationary catalytic systems market. In the U.S., various regulations are being implemented towards industrial emission including National Ambient Air Quality Standards (NAAQS) that has been imposed on industries to regulate the industrial pollutant emissions.
Coal-fired boiler replacement program in China will foster the industry growth during the current forecast period. In 2012, China has retrofitted 400,000 MW of existing coal-fired boilers with selective catalytic reduction. Since the average life of the catalyst is around 3 to 5 years. So, it has been analysed that it will positively encourage the replacement of the catalytic system in 2017.
Increasing adoption of oxidation catalysts to control pollutant emission from gas turbine power generators is anticipated to drive stationary catalytic systems market in future. Additionally, wide application of catalytic incineration process at chemical, refining, metal and food industry in Asia will further complement the industry growth in future. Increasing demand for electricity along with growing population and rapid industrialization is set to drive the stationary catalytic systems market in upcoming years.
Stationary catalytic systems market is majorly segmented by the technology, application and region. Based on the technology segment, stationary is expected to have the higher growth rate in the current forecast period of 2018-2026. It is used to oxidize volatile organic compound from solvent evaporation by using metal oxides such as copper oxide, chromium oxide, nickel oxide and manganese dioxide. It has wide application in resin production, organic chemicals production and rubber & polymers production.
Under applications segment, chemical and petrochemical are expected to higher growth rate through 2026 owing to rising petrochemical product demand. In addition to this, increasing focus on infrastructure development mainly in developing countries will further stimulate the market growth where the cement industry applications have held over 5% of global stationary catalytic systems market share in 2015 itself.
Asia-Pacific held the highest market share in 2017 and is expected to have the higher growth rate in the current forecast period. The growth rate is coupled with China stationary catalytic systems market. It is expected to see strong growth due to the presence of a large number of power plants. For example, as of 2016, a 200,000 MW of coal-fired power plant was under construction in China for boosting the power plant supply.
Key player across the stationary catalytic systems industry are Johnson Matthey, DCL International Inc., BASF, and Babcock & Wilcox Enterprises. Major participants are investing heavily in the research and development sector to develop the new product which is expected to positively encourage the business growth.
For more information of visit:https://www.maximizemarketresearch.com/market-report/stationary-catalytic-systems-market/12489/
Stationary Catalytic Systems Market Scope
Stationary Catalytic Systems Market, By Technology
• Selective Catalytic Reduction
• Catalytic Oxidation
Stationary Catalytic Systems Market, By Application
• Power Plants
• Chemicals & Petrochemicals
• Cement
• Metal
Stationary Catalytic Systems Market, By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Stationary Catalytic Systems Market :
• Johnson Matthey
• DCL International Inc.
• BASF
• Babcock & Wilcox Enterprises
• CORMETECH
• Amec Foster Wheeler
• MECA
• Ducon Technologies
• APC technologies
• Air Clean LLC
• Hamon Corporation
This Report Is Submitted By @ Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us an d our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact Us:                                       
Name: Lumawant Godage               
Organization: MAXIMIZE MARKET RESEARCH
Contact:  +91 9607365656        

Comments

Post a Comment

Popular posts from this blog

Global Hernia Repair Market Analysis, Current Trends, Along with SWOT Growth and Forecast 2027

  Hernia is a condition in which the internal layers of muscular strength become impotent and the mid-regional covering swells out into a little sac. It can affect the navel (umbilical hernia), the crotch (inguinal hernia), or the entry point site of a surgical treatment (post-medical procedure hernia). Hernia can be treated with two methods: vigilant waiting and surgery. The surgeries include two approaches: open pressure-free repair surgery and laparoscopy. Global Hernia Repair Market Size   was valued at US$ 3.52 Bn. in 2021. Global Hernia Repair Market size is expected to grow at a CAGR of 8.4% through the forecast period. Global Hernia Repair Market Overview: The primary purpose of this MMR report is to estimate the size of the Global Hernia Repair market. This MMR Global Hernia Repair Market Report examines the industry in both qualitative and quantitative terms. Learn about the key Global Hernia Repair market drivers, limits, oppo...
Read more

Global Veterinary Medicine Market Type, Applications, Region, opportunities, Regional Trends, Outlook and Forecast 2027

  Global Veterinary Medicine Market Overview: The Global Veterinary Medicine   market study provides an in-depth analysis of the competition, including market share data and company profiles for the top international rivals. The research's scope covers a thorough analysis of the Global Veterinary Medicine   Market as well as the causes of regional differences in the industry's growth. Global Veterinary Medicine Market Size   was is expected to reach US$ 44.37 Bn. at a CAGR of 7.10% during the forecast period 2027. Global Veterinary Medicine Market Scope: Extensive primary research was conducted to acquire data and check and validate key figures once market engineering, which included market statistics computations, market size estimations, market projections, market breakdown, and data triangulation, was finished. Top-down and bottom-up strategies, as well as other data triangulation techniques, were frequently used throughout the market engineering process...
Read more

Exosomes Market To Surpass USD 8.7 Billion at a 25.12%. CAGR by 2029

  The market for exosomes has grown significantly in recent years and is likely to continue rising at a rapid pace. Exosomes are small extracellular vesicles that cells secrete and play an important role in intercellular communication and the transfer of bioactive substances such as proteins, nucleic acids, and lipids. Because of their potential applications in illness detection, drug delivery, and regenerative medicine, they have sparked tremendous interest in a variety of sectors, including diagnostics, therapeutics, and research. Exosomes Market Overview: The extensive  Exosomes Market  report, undertaken by Maximize Market Research, furnishes an intricate regional examination and a competitive panorama. The assessment presents significant discernments for enterprises and investors aiming to leverage the promising prospects within the market. Get Sample Copy Of This Report At: https://www.maximizemarketresearch.com/request-sample/189733   Exosomes Market Report Sc...
Read more