DeNOx Catalyst Market Scope
DeNOx catalyst is a chemical substance which has the ability to quickly reductant to react with NOx. It is installed in a NOx removal system called SCR (Selective Catalytic Reduction), which helps in the reduction of NOx from waste gas to N2 with reducing agents. TiO2 and V2O5 are the two main raw materials for the production of deNOx catalyst. High demand for DeNox catalyst from emerging countries like India and China and the stringent norms executed by the Governments and Regulatory bodies have led to the minimization of the total emission of NOx, which in turn is anticipated to propel the DeNox catalysts market.
The global DeNox catalyst is fragmented with several regional and international market players. Research and development activities are anticipated to promote the usage of catalysts.
Envirotherm GmbH (Germany), BASF SE (Germany), Cormetech (United States), Ceram-Ibiden (Austria), Johnson Matthey (United Kingdom), Haldor Topsoe (Denmark), Hitachi Zosen Corporation (Japan), Seshin Electronics Co.Ltd. (Korea), JGC C&C (Japan), CRI Catalyst (United States), Tianhe (Baoding) Environmental Engineering Co., Ltd (China), Hailiang Group Co.Ltd. (China), Datang Environmental Industry Group Co.Ltd. (China), Fengye (Group)Industrial Co.Ltd. (China), Guodian Technology & Environment Group Corporation Ltd. (China), Jiangsu Wonder Machinery Co.Ltd. (China) and Dongfang KWH (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Chongqing Yuanda (China), Shandong Gem Sky (China), Beijing Denox Environment & Technology (China) and China Huadian Group (China).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global DeNOx Catalyst market by Type (Honeycomb Type and Flat Type), by Application (Power Plant, Cement Plant, Refinery Plant, Steel Plant, Transportation Vehicle and Others) and Region with country level break-up.
On the basis of geography, the market of DeNOx Catalyst has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Increasing Research & Activities on Catalysts
- Rising Deployment of Vehicles, Industrial Growth, Technology Advancements
- Rapidly Expanding Economies and Focus on Emission Control Regulations
- Demand for Pollution Removal Agents
- Increasing Awareness about Sustainable Development
- Owing to the Demand in Power Plant, Cement Plant, Steel Plant, Refinery Plant, Transportation Vehicle
- High Capital and Operating Cost of DeNox Catalyst
- Social and Political Concerns Regarding Global Warming
Key Target AudienceDeNox Catalyst Manufacturers, Potential Investors, Downstream Vendors, Marketing firms, Government and Regulatory Bodies and Chemical Industry