Industrial DeNOx Systems & Services Market Scope

The industrial DeNOx systems and services market refers to the market for systems and services used to reduce nitrogen oxides (NOx) emissions from industrial sources such as power plants and factories. These systems and services include technologies such as selective catalytic reduction (SCR) and selective non-catalytic reduction (SNCR) as well as services such as engineering, installation, and maintenance. The Industrial DeNOx Systems & Services market is driven by regulations to reduce air pollution and the increased use of natural gas-fired power generation, which has led to a reduction in NOx emissions. The market is expected to grow in the forecast period due to the increasing concerns over the environmental impact of industrial activities. The report "Industrial DeNOx Systems & Services Market by Type (SCR & SNCR), by Application (Utilities & Industries), by Geography (Asia-Pacific, North America, Europe, & ROW) - Global Trends & Forecast to 2019", defines and segments the global Industrial DeNOx Systems & Services market with analysis and forecasting of the global revenue.

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Industrial DeNOx Systems & Services Market Drivers

The main drivers of the industrial DeNOx systems and services market include increasing regulations and standards for reducing nitrogen oxide (NOx) emissions, growing awareness about the environmental impact of NOx emissions, and the need to improve air quality in urban areas. Additionally, the growing use of natural gas as a fuel source in power generation and industrial processes is also driving demand for DeNOx systems and services. The increasing use of renewable energy sources, such as wind and solar power, which produce low emissions, is also supporting the growth of the market. 

The increasing stringency of regulations on emission of NOx gases from industries is driving the market of DeNOx systems and services. The power generation is the biggest end-user of the systems. This can be attributed to the fact that the power plants use high efficient and capital intensive selective catalytic reduction (SCR) systems for “end of pipe” NOx control.

The European market for DeNOx systems and services is affected by the recent economic crisis, with no significant investments in sectors such as power generation, oil refineries capacity expansion, metal processing units, etc. However, the market in the Eastern Europe has performed well in the past few years. This is primarily because most of the countries in this region entered the European Union, in the 2004 and 2007 EU enlargement and have to comply the regulations on NOx emission legislated by the EU commission. There was significant number of installations in the U.S., amidst stringent regulations by the U.S. EPA.

The top companies in the industrial NOx control systems and services market include Alstom SA (France), Babcock & Wilcox Co. (U.S.), FLSmidth & Co. A/S (Denmark), Hitachi Ltd. (Japan), and Mitsubishi Heavy Industries Ltd. (Japan). The industrial NOx treatment systems and services industry is focused on development of new technology to address the high cost of SCR systems and low efficiency of SNCR systems simultaneously.

The report identifies different types of secondary NOx control systems namely Selective Catalytic Reduction (SCR) and Selective Non-Catalytic Reduction (SNCR) systems. The report also analyzed the market in different application areas such as utilities and industries across different regions.

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