Overview and Scope
Stationary catalytic systems refer to pollution control devices that use a
catalyst to convert one or more chemical species into other chemical species.
It is technology that is used to control emissions from stationary sources such
as power plants, refineries, and industrial facilities. These systems are used
to reduce the emission of harmful substances such as chlorofluorocarbons,
sulfur oxides, and other pollutants in various industrial applications.
Sizing and Forecast
The stationary catalytic systems market
size has grown strongly in recent years. It will grow from $4.77 billion in
2023 to $5.11 billion in 2024 at a compound annual growth rate (CAGR) of
7.2%. The growth in the historic period can be
attributed to stringent environmental regulations, industrial expansion,
increased focus on air quality, rising awareness of environmental issues,
global energy consumption pattern, government incentives and subsidies.
The stationary catalytic systems market
size is expected to see strong growth in the next few years. It will grow to
$6.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be
attributed to stricter emission standards, renewable energy integration,
urbanization and industrialization trends, global efforts to combat climate
change, public pressure and corporate social responsibility. Major trends in
the forecast period include technological innovations, technological
advancements, technological advancements in catalytic technologies, increased
focus on energy efficiency, growing industrialization in emerging markets.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/stationary-catalytic-systems-global-market-report
Segmentation & Regional Insights
The stationary catalytic systems market covered in this report is segmented –
1) By Technology: Selective Catalytic Reduction, Oxidation Catalyst
2) By Pollutant Type: Nox (Nitrogen Oxides), CO (Carbon Monoxide) Hydrocarbons,
HAP (Hazardous Air Pollutants), DPM (Diesel Particulate Matter), NH3 (Ammonia)
3) By End-Use Industry: Chemical, Oil And Natural Gas, Power Plant, Metal And
Mining, Cement, Other End-Use Industries
Asia-Pacific was the largest region in the stationary catalytic systems market
in 2023. The regions covered in the stationary catalytic systems market report
are Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa
Intrigued to explore the contents? Secure your hands-on a free sample copy of
the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13214&type=smp
Major Driver Impacting Market Growth
The increasing demand for clean energy sources is expected to propel the growth
of the stationary catalytic systems market going forward. Clean energy sources
refer to energy systems that generate energy produced using renewable,
non-polluting, zero-emission resources and include energy conserved through
energy-saving practices. Stationary catalytic systems are used in various clean
energy sources to improve their efficiency and performance, and to reduce
reliance on fossil fuels. For instance, in April 2021, according to the
International Renewable Energy Agency (IRENA), a UAE-based intergovernmental
organization, the capacity of the world's renewable energy sources to generate
electricity reached 3 064 gigawatts (GW) in 2021, adding 9.1% to the share of
renewable energy. Further, in June 2023, according to the International Energy
Agency, a France-based independent intergovernmental organization, global
renewable capacity upgrades are expected to expand by 107 gigatons (GW) by
2023. Therefore, increasing demand for clean energy sources is driving the
growth of the stationary catalytic systems market.
Key Industry Players
Major companies operating in the stationary catalytic systems market report are
Shell plc, BASF SE, Honeywell International inc., Bharat Heavy Electricals
Limited, Yara International, Tenneco Inc., Johnson Matthey, Hitachi Zosen
Corporation, Corning Incorporated, DuPont de Nemours Inc, Clariant AG, Durr
Group, Umicore N.V., NIPPON SHOKUBAI CO. LTD, CECO Environmental, Babcock and
Wilcox Enterprises Inc., Dinex Group, Ducon Infratechnologies Ltd., Kwangsung
Corporation Ltd, Nett Technologies, Unifrax Holding Co., Air Clean Energy, DCL
International, Catalytic Products International Inc., APC Technologies Inc.,
Advanced Catalyst Systems LLC
The stationary catalytic systems market report table of contents includes:
1. Executive Summary
2.
Stationary Catalytic Systems Market Characteristics
3.
Stationary Catalytic Systems Market Trends And Strategies
4.
Stationary Catalytic Systems Market - Macro Economic Scenario
5. Global
Stationary Catalytic Systems Market Size and Growth
.
32. Global
Stationary Catalytic Systems Market Competitive Benchmarking
33. Global
Stationary Catalytic Systems Market Competitive Dashboard
34. Key
Mergers And Acquisitions In The Stationary Catalytic Systems Market
35.
Stationary Catalytic Systems Market Future Outlook and Potential Analysis
36.
Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment