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Nitrogen Oxide Control Systems Market by Technology and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025

  • ID: 4621210
  • Report
  • August 2018
  • Region: Global
  • 183 Pages
  • Allied Analytics LLP
The global nitrogen oxide control systems market was valued at $17,833 million in 2017, and is projected to reach $28,044 million by 2025 at a CAGR of 5.7% from 2018 to 2025. Nitrogen oxide (NOx) control systems are utilized to control or prevent the emission of nitrogen oxides from various combustion surfaces. Nitrogen oxides are poisonous and highly reactive gases, which are emitted when fuel is burned at high temperatures. NOx pollution is caused by automobiles, construction equipment, and industrial sources, which include industrial boilers, power plants, cement kilns, and turbines. NOx, being a strong oxidizing agent, plays an important role in the reaction of atmospheric gases with volatile organic compounds (VOC) to produce ozone. Oxides of nitrogen (NOx) emissions are harmful for human health and damage the ecosystem, which necessitate a growth in the need to develop effective NOx control systems. Moreover, there is an increase in the requirement of installation of nitrogen oxide control systems in various applications, owing to the operation of thermal power plants.



Stringent regulations for controlling air pollution majorly boost the growth of the global nitrogen oxide control systems market. Growth in different industries, such as power generation, cement manufacturing, chemicals, and metal processing, results in emission of NOx pollutants. Thus, there is a growth in the demand for nitrogen oxide control systems across various applications. However, the global nitrogen oxide control systems market is hindered by limited operational range of these systems, which are expected to be addressed by key manufacturers by developing high-end products. The development of Mercury and Air Toxics Standards (MATS) by the Environmental Protection Agency in the U.S. is projected to offer momentum to the growth of the NOx control systems market. New developments in pollution control technologies and increase in consumer awareness regarding pollution control are expected to offer growth opportunities to the global nitrogen oxide control systems market.

The global nitrogen oxide control systems market is segmented based on technology, application, and region. Based on technology, the market is divided into selective catalytic reduction (SCR), selective non-catalytic reduction (SNCR), low Nox burner, fuel reburning, and others. By application, this market is segmented into transportation, industrial application, energy application, and others. The market is analyzed based on region into North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with strategic assessment of the global nitrogen oxide control systems market.
The market size and estimations are based on a comprehensive analysis of the technology and applications in the industry.
An in-depth analysis based on region assists to understand the regional market and facilitates strategic business planning.
The report offers a detailed overview of the competitive analysis of the market across the globe in terms of prominent strategies adopted by key industry players to strengthen their position in the market.
A detailed regulatory framework in various regions, such as the UK and the U.S., which is anticipated to result in the adoption of NOx control systems, is analyzed in this report.

Key market segments

By Technology

Selective catalytic reduction (SCR)
Selective non-catalytic reduction (SNCR)
Low NOx burner
Fuel reburning
Others

By Application

Transportation
Industrial application
Energy application
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Babcock & Wilcox Enterprises, Inc.
CECO Environmental
Ducon Technologies
Fuel Tech
Honeywell International, Inc.
John Wood Group PLC
Mitsubishi Hitachi Power Systems, Ltd.
S.A. Hamon
Siemens AG
The Shell Group

LIST OF OTHER PLAYERS IN THE VALUE CHAIN(These players are not profiled in the report. The same will be included on request.)

Thermax Limited
Fujian Longking Co., Ltd.
Delphi Technologies
Frequently Asked Questions about the Global Nitrogen Oxide Control Systems Market

What is the estimated value of the Global Nitrogen Oxide Control Systems Market?

The Global Nitrogen Oxide Control Systems Market was estimated to be valued at $17833.0 million in 2017.

What is the growth rate of the Global Nitrogen Oxide Control Systems Market?

The growth rate of the Global Nitrogen Oxide Control Systems Market is 5.8%, with an estimated value of $28044.0 million by 2025.

What is the forecasted size of the Global Nitrogen Oxide Control Systems Market?

The Global Nitrogen Oxide Control Systems Market is estimated to be worth $28044.0 million by 2025.
Note: Product cover images may vary from those shown

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.1.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyer
3.3.3. Thereat of new entrants
3.3.4. Threat of substitute
3.3.5. Intensity of competitive rivalry
3.4. Top Player Positioning, 2017
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Upsurge in Coal and Gas-Fired Power Plants
3.5.1.2. Stringent air pollution control regulations
3.5.1.3. Growth in the cement Industry
3.5.2. Restraint
3.5.2.1. Performance issues such as limited operational range
3.5.3. Opportunity
3.5.3.1. New development in pollution control technologies
3.5.3.2. Growing consumer awareness regarding pollution control
CHAPTER 4: GLOBAL NITROGEN OXIDE (NOX) CONTROL SYSTEM MARKET, BY TECHNOLOGY
4.1. Overview
4.1.1. Market size and forecast
4.2. Fuel Reburning (FR)
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. Low NOx Burners (LNB)
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. Selective Catalytic Reduction (SCR) Reaction
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.5. Selective Non-Catalytic Reduction (SNCR) Reaction
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
4.6. Others
4.6.1. Key Market trends, growth factors and opportunities
4.6.2. Market size and forecast
CHAPTER 5: GLOBAL NITROGEN OXIDE (NOX) CONTROL SYSTEM MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Transportation
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast
5.3. Industrial Application
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast
5.4. Energy Application
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast
CHAPTER 6: GLOBAL NITROGEN OXIDE (NOX) CONTROL SYSTEM MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends growth factors and opportunities
6.2.2. Market size and forecast, by technology
6.2.3. Market size and forecast, by applications
6.2.4. Market size and forecast by country
6.2.5. U.S.
6.2.5.1. Market size and forecast, by technology
6.2.5.2. Market size and forecast, by application
6.2.6. Canada
6.2.6.1. Market size and forecast, by technology
6.2.6.2. Market size and forecast, by application
6.2.7. Mexico
6.2.7.1. Market size and forecast, by technology
6.2.7.2. Market size and forecast, by application
6.3. Europe
6.3.1. Key market trends growth factors and opportunities
6.3.2. Market size and forecast, by technology
6.3.3. Market size and forecast, by application
6.3.4. Market size and forecast by country
6.3.5. Germany
6.3.5.1. Market size and forecast, by technology
6.3.5.2. Market size and forecast, by application
6.3.6. France
6.3.6.1. Market size and forecast, by technology
6.3.6.2. Market size and forecast, by application
6.3.7. U.K.
6.3.7.1. Market size and forecast, by technology
6.3.7.2. Market size and forecast, by application
6.3.8. Italy
6.3.8.1. Market size and forecast, by technology
6.3.8.2. Market size and forecast, by application
6.3.9. Spain
6.3.9.1. Market size and forecast, by technology
6.3.9.2. Market size and forecast, by application
6.3.10. Russia
6.3.10.1. Market size and forecast, by technology
6.3.10.2. Market size and forecast, by application
6.3.11. Rest of Europe
6.3.11.1. Market size and forecast, by technology
6.3.11.2. Market size and forecast, by application
6.4. Asia-Pacific
6.4.1. Key market trends growth factors and opportunities
6.4.2. Market size and forecast, by technology
6.4.3. Market size and forecast, by application
6.4.4. Market size and forecast, by country
6.4.5. China
6.4.5.1. Market size and forecast, by technology
6.4.5.2. Market size and forecast, by application
6.4.6. Japan
6.4.6.1. Market size and forecast, by technology
6.4.6.2. Market size and forecast, by application
6.4.7. India
6.4.7.1. Market size and forecast, by technology
6.4.7.2. Market size and forecast, by application
6.4.8. Australia
6.4.8.1. Market size and forecast, by technology
6.4.8.2. Market size and forecast, by application
6.4.9. South Korea
6.4.9.1. Market size and forecast, by technology
6.4.9.2. Market size and forecast, by application
6.4.10. Rest of Asia-Pacific
6.4.10.1. Market size and forecast, by technology
6.4.10.2. Market size and forecast, by application
6.5. LAMEA
6.5.1. Key market trends growth factors and opportunities
6.5.2. Market size and forecast, by technology
6.5.3. Market size and forecast, by application
6.5.4. Market size and forecast, by country
6.5.5. Brazil
6.5.5.1. Market size and forecast, by technology
6.5.5.2. Market size and forecast, by application
6.5.6. Saudi Arabia
6.5.6.1. Market size and forecast, by technology
6.5.6.2. Market size and forecast, by application
6.5.7. South Africa
6.5.7.1. Market size and forecast, by technology
6.5.7.2. Market size and forecast, by application
6.5.8. Rest of LAMEA
6.5.8.1. Market size and forecast, by technology
6.5.8.2. Market size and forecast, by application
CHAPTER 7: COMPANY PROFILES
7.1. Ducon Technologies Inc.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.2. Mitsubishi Hitachi Power Systems, Ltd
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. Siemens AG
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.4. Babcock & Wilcox Enterprises, Inc.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. CECO Environmental
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments
7.6. Fuel Tech
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.7. Honeywell International Inc.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.8. John Wood Group plc,
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. S.A. HAMON
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.10. The Shell Group
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
Note: Product cover images may vary from those shown
According to a new report titled, Nitrogen Oxide Control Systems Market, By Technology and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025," the global nitrogen oxide control systems market was valued at $17,833 million in 2017, and is projected to reach $28,044 million by 2025, registering a CAGR of 5.7% from 2018 to 2025.

Nitrogen oxide (NOx) control systems are used to control and reduce harmful nitrogen oxide emissions released from various sources such as automobiles, power plants, cement industry, and others. Nitrogen dioxide is referred to as an oxide of nitrogen, which reacts with atmospheric gases to form smog and acid rain. It is responsible for formation of fine particles and ground-level ozone, both of which are associated with adverse health effects. Thus, there is a growth in demand for nitrogen oxide control systems, for reducing the emission of nitrogen oxide.

The global nitrogen oxide control systems market is driven by factors such as stringent government regulations and programs, such as the Clean Air Act Amendments of 1990 and the Ozone Transport Region (OTR) NOx Cap and Allowance Trading Program, to reduce nitrogen oxide emission in different industries such as power generation, cement manufacturing, chemicals, and metal processing.

However, limited operational range of this system is a major performance issue, which is expected to hinder the growth of the global nitrogen oxide control systems market. New developments in pollution control technologies and increase in consumer awareness regarding pollution control are expected to offer growth opportunities to the global nitrogen oxide control systems market.

Nitrogen oxide control systems based on selective catalytic reduction (SCR) technology are in high demand among end users. However, the selective non-catalytic reduction (SNCR) technology is expected to grow at a high CAGR during the forecast period. The SNCR operating and capital costs are lowest among all the NOx reduction methods, and the retrofit is also relatively simpler. In addition, SNCR has low downtime for large- and medium-size units. Furthermore, it is applied with combustion control to ensure higher NOx reduction.

Key Findings of the Nitrogen Oxide Control Systems Market:

The selective catalytic reduction segment accounted for two-fifths market share in 2017.
The industrial segment is anticipated to grow at the highest rate in the nitrogen oxide control systems market during the forecast period.
The Asia-Pacific nitrogen oxide control systems market accounted for nearly half of the market share in 2017.
The LAMEA region is anticipated to grow with the highest CAGR of 7.6% during the forecast period.

Asia-Pacific was the leading revenue contributor to the global NOx market in 2017, and it is expected to dominate the market during the forecast period. The demand for cement in the construction industry has been growing at a significant rate in the Asia-Pacific region, which has led to increase in emissions of nitrogen oxide into the atmosphere. Cement manufacturing along with transportation is one of the important applications of nitrogen oxide control systems. Likewise, coal-fired power plants have been experiencing high growth rates in countries such as China, India, Vietnam and Japan, further propelling the demand for nitrogen oxide control systems and boosting the growth of the market.

The key players of this market include Babcock & Wilcox Enterprises, Inc., CECO Environmental, Ducon Technologies, Inc., Fuel Tech, Honeywell International, Inc., John Wood Group PLC, Mitsubishi Hitachi Power Systems, Ltd., S.A. Hamon, Siemens AG, and the Shell Group. Other players (these players are not profiled in the report, and the same can be included on request) in the value chain include Thermax Limited, Fujian Longking Co., Ltd., and Delphi Technologies.
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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