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Stationary Catalytic Systems Market share research by applications and regions for 2016 – 2024

This Stationary Catalytic Systems Market report is an exhaustive research on companies active in STATIONARY CATALYTIC SYSTEMS MARKET sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years.

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Stationary Catalytic Systems Market share research by applications and regions for 2016 – 2024

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  1. Stationary Catalytic Systems Market trends research and projections for 2016 – 2024

  2. Global Market Scenario of Furfural Industry • Regulatory norms toward industrial emission with growing concerns related to GHG emission will drive the global stationary catalytic systems market share. In the U.S., various regulations towards industrial emission including National Ambient Air Quality Standards (NAAQS) has been imposed on industries to regulate the industrial pollutant emissions. • Coal fired boiler replacement program in China will foster the industry growth during forecast period. In 2012, China has retrofitted 400,000 MW of existing coal-fired boilers with selective catalytic reduction. Since, the average life of catalyst is around 3 to 5 years. So, it has been analyzed that it will positively encourage the replacement of catalytic system in 2017. • Selective catalytic reduction market size was valued over USD 2 billion in 2015 and is expected to witness a growth over 5% subject to its superior NOx reduction capability. It has a potential to convert nitrogen oxide into harmless N2 gas and H2O by using ammonia.

  3. Continue… • Stationary catalytic systems market share demand from catalytic oxidation is expected to witness significant growth during forecast period. 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. • Reasons to Buy This Report: • 1. Stationary Catalytic Systems Market size & share forecast by product & application, 2016-2024 • 2. Growth drivers, pitfalls & industry challenges • 3. Stationary Catalytic Systems Market growth opportunities & emerging business models • 4. Competitive benchmarking with market share analysis and company profiles • Chemicals and Petrochemicals applications is expected to reach over USD 700 million by 2024 owing to rising petrochemical product demand. Increasing focus on infrastructure development mainly in developing countries will stimulate the business growth during forecast period. Cement industry applications held over 5% of global stationary catalytic systems market share from revenue in 2015. • Metal applications are expected to witness growth over 5% owing to rising steel demand from automotive and construction sector with increasing purchasing power. Manufacturing industry was valued over USD 600 million in 2015 and is expected to witness gain over 5% from 2016 to 2024.

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