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The Global Stationary Emission Control Catalysts Market was valued at USD
1,436.74 million in 2015 and is expected to reach USD 2433.14 million by 2021, 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. Governments, mainly in the developed
countries, have been formulating laws and regulations to control the release of these
emissions. Most companies are now treating these emissions, which is driving the
stationary emission control catalysts market.
The market has been divided, by end-user industry into power plants, refinery &
petroleum, chemical, waste incineration, metal finishing, and other industries
(commercial, agriculture, etc.). Power plants account for a major share in the market,
owing to the environmental regulations present in the industry. In North America, the
power plants segment and in Europe, the chemicals segment, show a great potential for
the stationary emission control catalysts market, owing to the increasing regulations in
the respective segments.
The market has also been geographically segmented into Asia-Pacific, North America,
Europe, South America, and the Middle-East & Africa. Europe accounts for the major
share in the market, owing to the stringent environmental regulations present in the
region. Stationary emission control catalysts used in the chemical industry is expected
to witness the highest growth in Europe. North America is also expected to witness a
high growth rate, owing to the increasing regulations in the power sector.
The recovery of platinum group metals (PGMs) and the consistent development of new
products and solutions, are expected to offer numerous opportunities for the growth of
the global stationary emission control catalysts market.
Some major companies dominating this market for its products, services, and
continuous product development include -
Johnson Matthey
Cormetech Inc.
Haldor Topsoe
Hitachi Zosen Corp.
BASF
Market analysis for the global stationery emission catalysts market, with region specific
assessments and competition analysis on a global and regional scale.
Market definition along with the identification of factors instrumental in changing the
market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies
along with their market share.
Identification and analysis of the macro and micro factors that affect the global
stationery emission catalysts market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current
strategic interests and key financial information.
Table of Contents
1. Introduction
1.1 Description
1.2 Research Methodology
1.3 Scope of the Report
2. Executive Summary
4. Market Dynamics
4.1 Drivers
4.1.1 Stringent Regulations Regarding Industrial Emissions
4.1.2 Increasing Adoption by Petroleum Industries in Refining Units
4.2 Restraints
4.2.1 Volatility in Precious Group Metal Prices
4.3 Opportunities
4.3.1 Recovery of Platinum Group Metals (PGMS)
4.3.2 Development of New Products and Solutions
7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Agreements, and Collaborations
7.2 Market Share Analysis
7.3 Strategies Adopted By Leading Players
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