Market Study Report

Marine Selective Catalytic Reduction Systems Market Report Till 2024 Profiling Kwang Sung, Mitsubishi, PANASIA, Agriemach, Caterpillar, H+H Engineering, Johnson Matthey, MAN Energy, DCL International

MarketStudyReport.com Adds New Marine Selective Catalytic Reduction Systems Market 2018 – 2024 research report providing information and data By Application, Industry Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast spreading across 446 Pages with table and figures in it.

 

Selbyville, DE -- (SBWIRE) -- 11/09/2018 -- Asia Pacific marine selective catalytic reduction systems market will witness growth on account of increasing shipbuilding activities specifically across Japan, China and South Korea. Improvement in living standards owing to rising disposable income coupled with establishment of new ECA zones to limit maritime pollution will further strengthen the product installation.

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Eminent players across the marine selective catalytic reduction systems market comprises of YARA International, Hyundai, W?rtsil, Kwang sung, Mitsubishi, PANASIA, Agriemach, Caterpillar, H+H Engineering, Johnson Matthey, MAN Energy, DCL International, Haldor Topsoe, Danish Technology, DEC Marine, ECOUREA, CORMETECH, Hitachi Zosen, Ecospray, Tenneco, ME Production, Niigata and Hug Engineering amongst others.

China marine selective catalytic reduction systems market is set to grow over 3% by 2024. Increasing cross border trade, mergers and tax inversions along with introduction of rigorous legislative requirements toward emission control will stimulate the industry growth. In July 2018, the Ministry of Transport in China published NOx control requirements particularly for second hand imported and Chinese diesel engine vessels.

Marine Selective Catalytic Reduction Systems Market will exceed USD 5 Billion by 2024. Stringent government regulations owing to rising NOx emissions coupled with growing demand for sustainable systems will encourage the product demand. Rising concerns toward adverse environment and human health on account of increasing marine pollution will further complement the business landscape. The IMO under Annex VI introduced a norm that aims to limit nitrogen emission from diesel engines specifically with power output >130 kW. The directive is applicable on the vessels installed or built on & after 1st January 2016.

Commercial marine selective catalytic reduction systems market is predicted to exceed 2% by 2024. Rising awareness toward marine pollution coupled with the development of existing emission control technologies will stimulate the product penetration. Increasing regulatory standards pertaining system operation, construction and equipment inspection to maintain marine safety will further encourage the product demand.

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Ongoing R&D activities coupled with technological advancements will expand the marine selective catalytic reduction systems market size. In addition, increasing ocean acidification along with the approval of low cost oil use with SCR systems in compliance with NOx norms will drive the business growth.

Table of content:

Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Marine Selective Catalytic Reduction Systems Industry Insights
Chapter 4. Marine Selective Catalytic Reduction Systems Market, By Application
Chapter 5. Marine Selective Catalytic Reduction Systems Market, By Region
Chapter 6. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/marine-selective-catalytic-reduction-systems-market

Related Report:

Global Selective Catalytic Reduction (SCR) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Selective Catalytic Reduction (SCR) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

https://www.marketstudyreport.com/reports/global-selective-catalytic-reduction-scr-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-PSR

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