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The regional transition towards cleaner and more sustainable energy sources, including natural gas and renewable energy, has spurred the need for stationary catalytic systems. These systems play a pivotal role in mitigating emissions from power plants, refineries, chemical plants, and other industrial facilities involved in energy generation or product manufacturing. Furthermore, emerging economies, particularly in China, India Indonesia among others, are experiencing rapid industrialization, which has led to heightened pollution levels. Consequently, the demand for stationary catalytic systems has been on the rise to manage emissions and comply with environmental regulations in these regions.
Ongoing progress in catalytic technologies has been instrumental in shaping the market. Extensive research and development initiatives have been directed towards enhancing the performance, durability, and efficiency of catalysts. Novel catalyst formulations and designs have been introduced to optimize pollutant conversion rates while reducing operational costs. There is a growing inclination towards compact and modular catalytic systems that require less space and offer installation flexibility. In addition, modular systems are known for their ease of maintenance, scalability, and shorter installation times in comparison to conventional fixed systems, thereby complementing the industry scenario.