In recent days government are setting stringent rules to control the emission of harmful gases from engines and meet the emission standards. End-users such as automotive, marine, off-highway, rolling stock, and industrial equipment are responsible for release of greenhouse gases such as nitrogen oxides, unburned hydrocarbons, and others into ecosystem. Technology such as diesel particulate filters (DPF), gasoline particulate filter (GPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), exhaust gas recirculation (EGR), and others are used to control the harmful emission and meet the emission standards
The emission control technology has witnessed significant growth over the years, owing to government rules regarding emission standards.
The emission control technology market report is segmented based on technology, fuel type, end-user vertical, and region. Technology is categorized as diesel particulate filter (DPF), gasoline particulate filter (GPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), exhaust gas recirculation (EGR), and others. Fuel type is divided into diesel and gasoline. End-user vertical is classified as automotive, marine, off-highway, rolling stock, and industrial. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the emission control technology market include BASF, Clean Diesel Technologies, Inc., Clariant, Cormetech, Corning Incorporated, DCL International Inc., Johnson Matthey, Tenneco Inc., Umicore, Walker Exhaust Systems, and others.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Technology
o Diesel Particulate Filter (DPF)
o Gasoline Particulate Filter (GPF)
o Diesel Oxidation Catalyst (DOC)
o Selective Catalytic Reduction (SCR)
o Exhaust Gas Recirculation (EGR)
o Others
By Fuel type
o Gasoline
o Diesel
By End-user Vertical
o Automotive
o Marine
o Off-highway
o Rolling Stock
o Industrial
By Region
o North America
The emission control technology has witnessed significant growth over the years, owing to government rules regarding emission standards.
The emission control technology market report is segmented based on technology, fuel type, end-user vertical, and region. Technology is categorized as diesel particulate filter (DPF), gasoline particulate filter (GPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), exhaust gas recirculation (EGR), and others. Fuel type is divided into diesel and gasoline. End-user vertical is classified as automotive, marine, off-highway, rolling stock, and industrial. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the emission control technology market include BASF, Clean Diesel Technologies, Inc., Clariant, Cormetech, Corning Incorporated, DCL International Inc., Johnson Matthey, Tenneco Inc., Umicore, Walker Exhaust Systems, and others.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents the analytical depiction of the global emission control technology market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Technology
o Diesel Particulate Filter (DPF)
o Gasoline Particulate Filter (GPF)
o Diesel Oxidation Catalyst (DOC)
o Selective Catalytic Reduction (SCR)
o Exhaust Gas Recirculation (EGR)
o Others
By Fuel type
o Gasoline
o Diesel
By End-user Vertical
o Automotive
o Marine
o Off-highway
o Rolling Stock
o Industrial
By Region
o North America
- U.S.
- Canada
- Mexico
- UK
- France
- Germany
- Italy
- Rest of Europe
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
- Africa
Table of Contents
Chapter 1: INTRODUCTION
Chapter 2: EXECUTIVE SUMMARY
Chapter 3: MARKET OVERVIEW
Chapter 4: EMISSION CONTROL TECHNOLOGY MARKET, BY TECHNOLOGY
Chapter 5: EMISSION CONTROL TECHNOLOGY MARKET, BY FUEL TYPE
Chapter 6: EMISSION CONTROL TECHNOLOGY MARKET, BY END-USER VERTICAL
Chapter 7: EMISSION CONTROL TECHNOLOGY MARKET, BY REGION
Chapter 8: COMPANY PROFILES
Executive Summary
According to this report titled, 'Global Emission Control Technology Market by Technology, Fuel Type, and End-User Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025,' the global emission control technology market size was valued at $91,540.0 million in 2017, and is projected to reach $160,314.9 million by 2025, registering a CAGR of 7.3% from 2018 to 2025.At present, Asia-Pacific dominates the market, followed by Europe, LAMEA, and North America. China dominated the global emission control technology market in 2017, whereas France is expected to grow at a significant rate in Europe during the forecast period.
Factors such as emission control regulations by government and an increase in automobile production fuel the growth of the emission control technology market. In addition, the adoption of nanotechnology in emission control technologies boosts market growth. However, growth in production of electric vehicles and the high cost of catalysts hinder the emission control technology market growth. Conversely, innovations in emission control catalysts and government initiatives for emission reduction in developing nations are anticipated to provide remunerative opportunities to the key player for the emission control technology market expansion.
The government of various countries are taking initiative for emission control of greenhouse gases from the industries such as automotive, marine, off-highway, rolling stock, and industrial. In recent days, there are some areas where vehicles do not meet the emission control standards set by the government. For instance, around half of the American citizens are living in the areas, which do not meet the emission control standards and are majorly responsible for pollution, which includes particulate matter, and other smog-forming emissions. Emission control technologies such as diesel particulate filter (DPF), diesel oxidation catalyst (DOC), gasoline particulate filter (GPF), exhaust gas recirculation (EGR), and selective catalytic reduction (SCR), and others provide with an effective way to reduce industry related emission control.
Emission of harmful pollutants from the railways also possess a serious threat to the ecosystem, due to which initiative is being taken to control these emissions for cleaner air. For instance, emission control devices are to be fitted to locomotives of South Western Railway to cut harmful emission from diesel trains. Eminox, an emission control technology manufacturer developed the selective catalytic reduction & continuously regenerating trap (SCRT), which works in a similar fashion to the emission technologies used in cars. This device consists of various filters and platinum catalyst and can reduce particulate matters by over 90%, nitrogen oxide by over 80%, and cut hydrocarbon and monoxide by over 90%.
In recent days, greenhouse exhaust emission is the main concern as the ships carry cargo and passengers all over the world, they produce harmful pollutants which have a damaging impact on human life and the ecosystem. Shipping is responsible for transporting around 90% of the goods, which is traded around the world. Ships such as tugs, cruise liners, and other travel in very environmentally sensitive areas, due to which engine of ships should meet the strict emission control regulations. Leading emission control technology manufacturer is introducing new technologies to meet the strict emission regulations and reduce pollution. For instance, Man Energy Solutions, an emission control technology manufacture introduce a technology to reduce the pollutants emission in the sea. This technology also provides improved engine efficiency, utilization of cleaner fuels, and others.
Key Findings of Emission Control Technology Market Study :
The diesel segment in fuel type generated the highest revenue in 2017.
By end-user vertical, the automotive segment generated the highest revenue in 2017.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
In 2017, Asia-Pacific contributed the highest emission control technology market revenue, followed by Europe, LAMEA, and LAMEA.
The emission control technology market key players analyzed in this report are BASF, Clean Diesel Technologies, Inc., Clariant, Cormetech, Corning Incorporated, DCL International Inc., Johnson Matthey, Tenneco Inc., Umicore, Walker Exhaust Systems, and others.
Methodology
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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