Asia Pacific Stationary Catalytic Systems Market Size – By Technology, By Application, Analysis, Share, Growth Forecast, 2025 - 2034

Asia Pacific Stationary Catalytic Systems Market Size

The Asia Pacific stationary catalytic systems market was valued at USD 3.2 billion in 2024 and is estimated to exhibit 5.1% CAGR between 2025 and 2034. Growing energy requirements, coupled with rapid industrial development and stringent efficiency standards, will increase the product adoption across various industries. These systems have become essential in energy-intensive manufacturing operations, effectively reducing nitrogen emissions while supporting the transition to cleaner energy solutions.
 

Stringent government regulations and mandates aimed at limiting NOx and CO emissions, which necessitate the implementation of these systems, positively influencing the business dynamics. For instance, in November 2024, Japanese government proposed a target to reduce emissions by 60% by 2035. The government planned to evaluate this target as Japan's new nationally determined contribution under the Paris Agreement. According to government authorities, achieving net zero by 2050 would require a 60% emissions reduction by 2035 and 73% by 2040. Moreover, implementation of these catalytic systems across manufacturing facilities to maintain sustainable production processes and reduce their environmental impact, along with focus on reducing emissions by various nations, will accelerate the product deployment.
 

Asia Pacific Stationary Catalytic Systems Market Trends

The Asia Pacific stationary catalytic systems industry is set to grow on account of the transition toward cleaner and sustainable energy sources, including natural gas and renewable energy. These systems reduce emissions from power plants, refineries, chemical plants, and industrial facilities involved in energy generation and manufacturing, accelerating the product deployment. The rapid industrialization in emerging economies has resulted in increased pollution levels which has driven the demand for stationary catalytic systems to control emissions and meet environmental regulations, further contributing the industry growth.
 

Asia Pacific Stationary Catalytic Systems Market Analysis

The selective catalytic reduction segment is anticipated to cross over USD 3.5 billion by 2034. SCR technology maintains effective NOx control while ensuring ammonia emissions stay within required limits along with ongoing improvements in system design focus on delivering smaller, more efficient solutions across various boiler sizes will augment the business landscape. When combined with oxidation catalysts, these systems reduce NOx, CO, VOCs, and particulate matter emissions by 80%. The technology primarily targets exhaust emissions from stationary engines while addressing other pollutants coupled with rising environmental concerns and stringent emission standards will accelerate the technology adoption.
 

The power plant segment is anticipated to witness a CAGR of over 4.5% through 2034. The expansion of industrial activities and strict energy efficiency requirements have led companies to adopt emission control systems. Government regulations targeting NOx and CO reductions, coupled with the growing need for power generation, will augment the business landscape. Regulatory frameworks imposing emission restrictions and applicability of monetary penalties for violations will complement the industry outlook.
 

China stationary catalytic systems market is likely to exceed over USD 1.8 billion by 2034. The increasing manufacturing activities and expansion of coal-based power plants to meet growing electricity demand, accelerating the product deployment. Government regulations addressing NOx and CO emissions, along with concerns about their impact on human health and the environment, contributing to the industry growth.
 

Energy-intensive industries such as cement, heavy metal manufacturing, glass, and refining present significant opportunities for product adoption. The government authorities have implemented energy efficiency standards in major manufacturing sectors and provides financial incentives to support emission reduction initiatives complementing the industry landscape. For instance, in May 2024, the Chinese State Council unveiled an action plan focusing on energy conservation and carbon reduction for 2024-2025. This initiative supports China's 14th Five-Year Plan goal of lowering energy consumption per GDP unit by 13.5% between 2020 and 2025. The plan addresses fossil fuel reduction, clean energy expansion, and energy efficiency improvements in key sectors like steel and transportation.
 

Asia Pacific Stationary Catalytic Systems Market Share

Major manufacturers operating in the Asia Pacific stationary catalytic systems are focusing on research and development, technological advancements, and collaborations to comply with international regulations and standards. Companies in the stationary catalytic systems market are pursuing mergers and acquisitions with local, regional, and global vendors to expand market opportunities.
 

Asia Pacific Stationary Catalytic Systems Market Companies

Major players operating across the industry include:

• Babcock Wilcox
• CECO Environmental
• Cummins
• Ducon
• GE Vernova
• Hug Engineering
• IHI Power Systems
• Isgec Heavy Engineering
• Johnson Matthey
• Kwangsung
• MAN Energy Solutions
• Mitsubishi Heavy Industries
• Shell
• Thermax
• Yara International
   

Asia Pacific Stationary Catalytic Systems Industry News

• In March 2024, a new collaboration between Clariant and Lummus Technology will support Huizhou Boeko Materials Co. Ltd.'s isobutane dehydrogenation facility in Huizhou City, China. The partnership combines Lummus Technology's licensed process technology with Clariant's specialized catalyst solutions. The facility will generate 550,000 metric tons of isobutylene annually for MTBE production. The CATOFIN technology employs fixed-bed reactors with specific pressure and temperature controls to enhance isobutylene production efficiency while maintaining cost-effectiveness.
   
• In September 2023, TANAKA Precious Metals came into collaboration with China's Chengdu Guangming Paite Precious Metal Co., Ltd. establishes manufacturing capabilities for fuel cell electrode catalysts. Production equipment installation at Ya'an Guangming Paite Precious Metal Co., Ltd. facility will begin operations in summer 2024. The partnership supports TANAKA Kikinzoku Kogyo's expansion in China's fuel cell catalyst market, with full production planned for 2025.
   

The Asia Pacific stationary catalytic systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034, for the following segments:

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Market, By Technology

• Selective Catalytic Reduction
• Oxidation Catalyst

Market, By Application

• Power Plants
• Chemical & Petrochemical
• Cement
• Metal
• Marine
• Manufacturing
• Others

The above information has been provided for the following countries:

• China
• Japan
• India
• South Korea
• Australia
• Vietnam
• Indonesia