This Global Stationary Catalytic Systems market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
Selbyville, DE -- (SBWIRE) -- 12/12/2018 -- MarketStudyReport.com Adds New Stationary Catalytic Systems Market 2016– 2024 research report providing information and data By Technology, By Application, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 107 Pages with table and figures in it.
Stationary Catalytic Systems Market size is expected to exceed USD 6 billion by 2024. Rising demand for oxidation catalysts to control pollutant emission including formaldehyde, VOC, CO from gas turbine power generators is predicted to propel growth. Positive outlook towards metal, refining, food and chemical industry across Asia Pacific will further complement industry outlook as these sectors have wide application for catalytic incineration processes. Increasing demand for electricity with growing population and rapid industrialization is set to drive the stationary catalytic systems market size in future.
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Stringent regulations towards industrial emission to reduce carbon emission will drive global stationary catalytic systems market size. Retrofit and replacement program of existing coal fired boiler may favor the business growth in future. In 2012, China has replaced 400,000 MW capacity of coal fired boiler with SCR. Average life cycle of selective catalytic reduction catalyst ranges from three to five years. The Chinese Government has introduced NOx and So2 emission limit to <100 mg/m3 while mercury limits to < 0.03 mg/m3.
China stationary catalytic systems market size contributed over 30% of regional revenue share in 2015 and is expected to grow over 4%, subject to increasing implementation of coal fired power plants. As of 2016, China has over 900 GW of coal fired power plant and 200GW capacity coal fired plant under construction.
Growing demand for construction and renovation of infrastructure will favor the India stationary catalytic system market growth in future. Government of India has aims to invest over USD 376 billion in infrastructure by 2019 which includes USD 120.49 billion for industrial and USD 75.30 billion for port, railway and road connectivity projects.
Stationary catalytic systems market share from catalytic oxidation contributed 36% in 2015. Organic chemicals, resin and polymers &rubber production has its wide application which will positively encourage industry growth.
Europe stationary catalytic systems market size is expected to witness growth with stringent government regulations for industry particulate emission. Germany contributed over 25% of regional revenue share in 2015 and is predicted to exceed USD 320 million by 2024.
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Peru stationary catalytic systems market size is expected to cross USD 40 million by 2024. Abundant availability of mineral reserves coupled with rising economic growth will propel industry growth.
Canada is planning to invest over USD 24 billion by 2024 on housing, sewage treatment and public transit project which will propel the business growth in future. Canada stationary catalytic systems market share contributed over 20% in 2015.
Major industry participants include Hamon Corporation, DCL International Inc., Babcock &Wilcox Enterprises, Amec Foster Wheeler, Ducon Technologies, Air Clean LLC, Johnson Matthey, BASF, CORMETECH, MECA and APC technologies.
Global Stationary Catalytic Systems Market by Technology:
Selective Catalytic Reduction
Global Electrostatic Precipitator Market by Application:
Chemicals and Petrochemicals Industry
Table of content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Stationary Catalytic Systems Industry Insights
Chapter 4. Stationary Catalytic Systems Technology Insights
Chapter 5. Stationary Catalytic Systems Application Insights
Chapter 6. Stationary Catalytic Systems Regional Insights
Chapter 7. Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/stationary-catalytic-systems-market
United States Stationary Catalytic Systems Market Report 2017
In this report, the United States Stationary Catalytic Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
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