Selective Catalytic Reduction (SCR) Catalyst Market
Selective Catalytic Reduction (SCR) Catalyst Market Study by DeNOx and DeSOx for Automotive, Power Plants, Cement Plants, Refinery Plants, and Steel Plants from 2024 to 2034
Analysis of Selective Catalytic Reduction (SCR) Catalyst Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Selective Catalytic Reduction (SCR) Catalyst Market Outlook (2024 to 2034)
As per the latest Fact.MR industry analysis, the global selective catalytic reduction (SCR) catalyst market size is approximated at US$ 2.48 billion in 2024 and is forecasted to reach US$ 5.67 billion by 2034. Increasing industrial activities and rising energy demand across the world are set to boost the sales of selective catalytic reduction catalysts at a CAGR of 8.6% from 2024 to 2034.
SCR catalysts are cost-effective technologies and they are preferred option among end users due to their effectiveness in reducing nitrogen oxide (NOx) emissions from power-generating machinery such as boilers, turbines, furnaces, heaters, and reciprocating engines.
Growing demand for diesel engines and their high prevalence in developed countries is contributing the increasing adoption of diesel oxidation catalysts. The increasing penetration of diesel engines in heavy-duty and light-duty vehicles is due to their fuel efficiency aspect.
- Short-Term Growth Factors (2024 to 2027): Expanding application and incorporation of SCR catalysts in power plants and petroleum refineries to positively benefit market growth trajectory.
- Medium-Term Growth Factors (2027 to 2030): Asia Pacific is anticipated to exhibit increasing demand due to the high presence of manufacturing plants and various government regulations on emissions limits.
- Long-Term Growth Opportunity (2030 to 2034): Burgeoning applications of SCR catalysts in various end-use industries such as cement plants, steel plants, and marine industry is set to drive long-term product demand growth.
Selective catalytic reduction technology is the most economical and fuel-efficient method of reducing emissions. When compared to alternative NOx removal technologies, selective catalytic reduction catalyst technology is more affordable. The necessity for energy emission control and monitoring systems has been characterized by several improvements to emission standards in recent years that are relevant to emission control.
- The North American selective catalytic reduction catalyst market size is forecasted to reach US$ 993.4 million by 2034.
- East Asia is estimated to hold 22.3% of the global selective catalytic reduction catalyst market share in 2024.
| Report Attributes | Details |
|---|---|
| Selective Catalytic Reduction Catalyst Market Size (2024E) | US$ 2.48 Billion |
| Forecasted Market Value (2034F) | US$ 5.67 Billion |
| Global Market Growth Rate (2024 to 2034) | 8.6% CAGR |
| South Korea Market Value (2034F) | US$ 194.1 Million |
| DeSOx Demand Growth Rate (2024 to 2034) | 9.2% CAGR |
| Key Companies Profiled | BASF; Fengye Group; Hailiang; Ceram-Ibiden; Hitachi Zosen; Haldor Topsoe; Seshin Electronics; Tuna Corporation; JGC C&C; Johnson Matthey; Cormetech; Envirotherm GmbH |
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Which Key Market Aspects are Benefiting SCR Catalysts Producers?
“Escalating Electricity Production through Coal-fired Power Plants Driving Need for Selective Catalytic Reduction Catalysts”
Rising population in high-potential economies is uplifting the need for energy. Lack of conventional energy sources to generate electricity, such as natural gas, oil, and limited nuclear power use, is presenting a profitable expansion opportunity for coal-fired thermal power plants.
There is the substantial deployment of Nox control systems due to stringent nitrogen oxide emission regulations in a majority of countries. This is having a favorable effect on the selective catalytic reduction catalyst market growth.
- According to the International Energy Agency (IEA), higher gas prices in the United States and Europe and rising economic activities in China are contributing to high coal-fired power generation.
High dependability of Asian economies on coal-fired thermal power plants to fulfil their growing electricity demand is anticipated to boost the demand for selective catalytic reduction catalysts.
“Growth in Petroleum Production to Generate Potential Opportunities for SCR Catalyst Producers”
One of the important applications of SCR catalysts is in petroleum refineries. Increasing demand for denitrification in petroleum refineries across the world owing to stringent emission control regulations is resulting in increasing demand for selective catalytic reduction catalysts. SCR catalysts enjoy high application in East Asia and North America as compared to other regions. Growing demand for DeNOx and DeSOx in petroleum refineries is further boosting the overall market growth.
What’s Hampering Widespread Adoption of Selective Catalytic Reduction Catalyst?
“Rising Shift toward Renewable Energy Generation”
Increasing preference for renewable energy sources is renewing attention on solar, wind, biomass, and hydroelectric power sources as traditional power plants come under fire due to safety and environmental concerns. High-potential economies are now more committed than ever before to boosting the deployment of renewable energy.
Renewable energy sources are now at the center of the world's energy transformation plans due to technological advancements, relevant laws, and a resolve to combat climate change.
- According to IRENA, global renewable capacity additions jumped by almost 50% in 2023 compared to past 20 years.
Growing inclination towards clean energy and high carbon emissions from conventional power plants is expected to create some challenges for SCR catalyst manufacturers’ revenue growth.
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Is SCR Catalyst Production a Profitable Business to Invest In?
“Technologically Advanced SCR Catalysts to Attract Wider Consumer Base”
Automation and intelligence are some of the notable selective catalytic reduction catalyst market trends. New companies should invest in R&D activities to offer innovative selective catalytic reduction technologies. The integration of sensors, machine learning, and control systems is set to boost the efficiency of SCR technology. These developments are set to position SCR a vital component in smart and modern transportation vehicles.
Country-wise Analysis
What’s Driving Demand for SCR Catalysts in the United States?
“Rising Awareness of Green Environment Increasing Adoption of SCR Catalysts”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 385.3 Million |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 730.2 Million |
The United States is expected to witness amplification in the overall demand for SCR catalysts in the coming decade. Increasing awareness of the green environment is also anticipated to drive the market growth. The country is focused on reducing environmental pollution from vehicles by imposing emission norms, which is generating profitable opportunities for SCR catalyst producers. The increasing manufacturing facilities, adoption of advanced technologies, and the increasing business footprint are likely to boost sales of SCR systems.
How are SCR Catalyst Suppliers Faring in Germany?
“Technological Advancements Boosting Demand for Improved SCR Catalysts”
Germany is forefront at technological innovations. Integration of advanced technologies such as AI and ML are set to boot the capabilities of SCR catalysts. The number of manufacturing companies along with high demand from power plants, automobile plants, and steel plants are some of the prominent factors propelling the Germany market growth.
How is the Market for SCR Catalysts Evolving in China?
“SCR Technology Gaining Popularity among Automotive Manufacturers”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 315.7 Million |
| Growth Rate (2024 to 2034) | 9.7% CAGR |
| Projected Value (2034F) | US$ 800.2 Million |
SCR technology is becoming more rampant in China as both, heavy-duty and light-duty engine manufacturers work to meet future emission reduction standards. Manufacturers are looking for an extremely efficient carbon-reducing emission control catalyst owing to the tightening of vehicular CO regulations.
SCR catalyst sales in China are anticipated to expand due to efforts taken by the government to reduce the number of vehicles running on gasoline engines, which is set to influence the demand for automotive catalytic converter devices positively over the forecast period.
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Category-wise Analysis
Why are DeNOx Systems Widely Popular?
“High-Temperature Corrosion Properties and Emission Reduction Capabilities”
| Attribute | DeNOx |
|---|---|
| Segment Value (2024E) | US$ 738.8 Million |
| Growth Rate (2024 to 2034) | 8.1% CAGR |
| Projected Value (2034F) | US$ 1.61 Billion |
DeNOx (Denitrification) systems are extensively utilized in end-use plants due to their excellent performance, high-temperature corrosion properties, and high emission reduction capabilities, it is mainly used for the conversion of CO and HC; high conversion rates of HC and CO are realized through the usage of diesel oxidation catalysts and diesel particulate filters. The growing usage of diesel-based engine vehicles in developed regions is one of the prominent reasons driving the sales of emission control catalysts.
Pollutants such as Nox and hydrocarbons are regulated by government norms; hence, setting emission limits by using catalysts and reducing harm is the main reason behind the overall market growth. Nitrogen oxide (Nox) emission limitations are often strict, and therefore Nox control (DeNOx) is widely used.
Why Do Power Plants Widely Use SCR Technologies?
“SCR Catalyst Systems Aiding Power Plants in Reducing Release of Harmful Gases”
| Attribute | Power Plants |
|---|---|
| Segment Value (2024E) | US$ 537.3 Million |
| Growth Rate (2024 to 2034) | 8.7% CAGR |
| Projected Value (2034F) | US$ 1.23 Billion |
SCR systems are becoming the main choice for several end-use industries to reduce NOx; hydrocarbons such as ethanol or diesel. Revenue from power plants is projected to expand over the forecast period due to increasing installations of gas turbines, diesel generators, engines, and greenfield establishment of coal power plants across the world. This is attributed to the strong demand for SCR catalysts in power generation plants to reduce the emission of gases.
SCR eliminates nitrogen oxides (NOx) from flue gas that is released by boilers and other combustion sources of power plants. The catalyst is the crucial constituent of SCR systems. It also neutralizes SO and other harmful contaminants that contribute to acid rain.
Competitive Landscape
Key players in the selective catalytic reduction catalyst market are expanding their research and development facilities to develop technologically innovative products. Market titans are maintaining a good balance between organic and inorganic growth strategies. Investments and channel partner integration are key to success in this market. Prominent market players are also observed to be involved in sustainability marketing and partnerships.
- In 2021, Johnson Matthey announced a partnership with Kebotix to develop the next iteration of catalytic converter coatings. The partnership looks for novel ways to boost the effectiveness of tests that lead to the formulation optimization of coatings for catalytic converters.
- In 2020, Topsoe launched the TITAN steam reforming catalyst series with boosted reliability and efficiency.
Key Segments of Selective Catalytic Reduction (SCR) Catalyst Market Research
-
By Type :
- DeNOx
- DeSOx
-
By Application :
- Automotive
- Power Plants
- Cement Plants
- Refinery Plants
- Steel Plants
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. DeNOx
- 7.2. DeSOx
- 7.3. Others
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Automotive
- 8.2. Power Plants
- 8.3. Cement Plants
- 8.4. Refinery Plants
- 8.5. Steel Plants
- 8.6. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Market Competition Analysis
- 18.1. BASF
- 18.2. Ceram-Ibiden
- 18.3. Cormetech
- 18.4. Envirotherm GmbH
- 18.5. Fengye Group
- 18.6. Hailiang
- 18.7. Haldor Topsoe
- 18.8. Hitachi Zosen
- 18.9. JGC C&C
- 18.10. Johnson Matthey
- 18.11. Seshin Electronics
- 18.12. Tuna Corporation
- 18.13. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million) and Forecast by Region, 2019 to 2023
Table 02. Global Market Value (US$ million) and Forecast by Region, 2024 to 2034
Table 03. Global Market Volume (Tons) and Forecast by Region, 2019 to 2023
Table 04. Global Market Volume (Tons) and Forecast by Region, 2024 to 2034
Table 05. Global Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 06. Global Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 07. Global Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 08. Global Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 09. Global Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 10. Global Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 11. Global Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 12. Global Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 13. North America Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 14. North America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 15. North America Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 16. North America Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 17. North America Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 18. North America Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 19. North America Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 20. North America Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 21. North America Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 22. North America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 23. North America Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 24. North America Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 25. Latin America Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 27. Latin America Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 28. Latin America Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 29. Latin America Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 30. Latin America Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 31. Latin America Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 32. Latin America Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 33. Latin America Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 34. Latin America Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 35. Latin America Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 36. Latin America Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 37. Europe Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 38. Europe Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 39. Europe Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 40. Europe Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 41. Europe Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 42. Europe Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 43. Europe Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 44. Europe Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 45. Europe Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 46. Europe Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 47. Europe Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 48. Europe Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 49. East Asia Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 50. East Asia Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 51. East Asia Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 52. East Asia Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 53. East Asia Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 54. East Asia Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 55. East Asia Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 56. East Asia Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 57. East Asia Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 58. East Asia Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 59. East Asia Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 60. East Asia Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 61. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 62. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 63. South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 64. South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 65. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 66. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 67. South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 68. South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 69. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 70. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 71. South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 72. South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2024 to 2034
Table 73. MEA Market Value (US$ million) and Forecast by Country, 2019 to 2023
Table 74. MEA Market Value (US$ million) and Forecast by Country, 2024 to 2034
Table 75. MEA Market Volume (Tons) and Forecast by Country, 2019 to 2023
Table 76. MEA Market Volume (Tons) and Forecast by Country, 2024 to 2034
Table 77. MEA Market Value (US$ million) and Forecast By Type, 2019 to 2023
Table 78. MEA Market Value (US$ million) and Forecast By Type, 2024 to 2034
Table 79. MEA Market Volume (Tons) and Forecast By Type, 2019 to 2023
Table 80. MEA Market Volume (Tons) and Forecast By Type, 2024 to 2034
Table 81. MEA Market Value (US$ million) and Forecast By Application, 2019 to 2023
Table 82. MEA Market Value (US$ million) and Forecast By Application, 2024 to 2034
Table 83. MEA Market Volume (Tons) and Forecast By Application, 2019 to 2023
Table 84. MEA Market Volume (Tons) and Forecast By Application, 2024 to 2034
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 03. Global Market Value (US$ million) and Volume (Tons) by Region, 2024 & 2034
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2024 to 2034
Figure 05. Global Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 06. Global Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 07. Global Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 08. Global Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 09. North America Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 11. North America Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 12. North America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 13. North America Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 14. North America Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 15. North America Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 16. North America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 17. North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 18. North America Market Attractiveness Analysis By Type, 2024 to 2034
Figure 19. North America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 20. Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 22. Latin America Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 23. Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 24. Latin America Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 25. Latin America Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 26. Latin America Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 27. Latin America Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 28. Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 29. Latin America Market Attractiveness Analysis By Type, 2024 to 2034
Figure 30. Latin America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 31. Europe Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 32. Europe Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 33. Europe Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 34. Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 35. Europe Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 36. Europe Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 37. Europe Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 38. Europe Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 39. Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40. Europe Market Attractiveness Analysis By Type, 2024 to 2034
Figure 41. Europe Market Attractiveness Analysis By Application, 2024 to 2034
Figure 42. East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 43. East Asia Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 44. East Asia Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 45. East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 46. East Asia Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 47. East Asia Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 48. East Asia Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 49. East Asia Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 50. East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 51. East Asia Market Attractiveness Analysis By Type, 2024 to 2034
Figure 52. East Asia Market Attractiveness Analysis By Application, 2024 to 2034
Figure 53. South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 55. South Asia & Oceania Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 57. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 59. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 61. South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Type, 2024 to 2034
Figure 63. South Asia & Oceania Market Attractiveness Analysis By Application, 2024 to 2034
Figure 64. MEA Market Value (US$ million) and Volume (Tons) Forecast, 2024 to 2034
Figure 65. MEA Market Absolute $ Opportunity (US$ million), 2024 to 2034
Figure 66. MEA Market Value (US$ million) and Volume (Tons) by Country, 2024 & 2034
Figure 67. MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 68. MEA Market Value (US$ million) and Volume (Tons) By Type, 2024 & 2034
Figure 69. MEA Market Y-o-Y Growth Rate By Type, 2024 to 2034
Figure 70. MEA Market Value (US$ million) and Volume (Tons) By Application, 2024 & 2034
Figure 71. MEA Market Y-o-Y Growth Rate By Application, 2024 to 2034
Figure 72. MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73. MEA Market Attractiveness Analysis By Type, 2024 to 2034
Figure 74. MEA Market Attractiveness Analysis By Application, 2024 to 2034
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Competitive landscape highlights only certain players
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- FAQs -
What is the size of the selective catalytic reduction catalyst market?
The global SCR catalyst market is calculated at US$ 2.48 billion for 2024.
What is the projected value of the SCR catalyst market for 2034?
The SCR catalyst market size is projected to reach US$ 5.67 billion by 2034.
What are the projections for selective catalytic reduction catalysts?
Sales of selective catalytic reduction catalysts are foreseen to rise at a CAGR of 8.6% from 2024 to 2034.
How is the market for selective catalytic reduction catalysts placed in South Korea?
The South Korea market is projected to reach US$ 194.1 million by 2034.
Will power plants witnessing increasing demand for selective catalytic reduction catalysts?
Demand for selective catalytic reduction catalysts in power plants is expected to reach a market value of US$ 1.23 billion by 2034.
Who are the top suppliers of selective catalytic reduction catalysts?
Some of the leading market players include BASF, Ceram-Ibiden, Cormetech, and Envirotherm GmbH.
Selective Catalytic Reduction (SCR) Catalyst Market