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Industrial DeNOx Systems and Services Market Trends

Report ID: GMI9198
Published Date: Apr 2024
Report Format: PDF

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Industrial DeNOx Systems and Services Market Trends

The industrial DeNOx systems and services industry is propelled by the increasing demand for selective catalytic reduction (SCR) systems. Industries worldwide are seeking effective solutions to reduce nitrogen oxide (NOx) emissions, driving the adoption of SCR technology. Additionally, the trend towards tailored DeNOx solutions is shaping the market. Companies offering customized systems to meet specific industry needs are in high demand, reflecting a market that values efficiency, compliance, and tailored emission control solutions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of industrial DeNOx systems and services was reached USD 7.9 billion in 2023 and will grow at over 8% CAGR between 2024 and 2032, attributed to the growth of industrial sectors and the heightened focus on emission reduction.

Industrial DeNOx systems and services industry from the elective catalytic reduction (SCR) technology segment is set to exceed USD 6 billion by 2032, driven by its effectiveness in reducing nitrogen oxide (NOx) emissions from industrial sources.

Asia Pacific industrial DeNOx systems and services market held a share of over 33% in 2023 and will expand rapidly by 2032, fueled by its booming industrial sector and stringent emission regulations.

Babcock & Wilcox Enterprises, Inc. , BASF SE , CECO Environmental, Doosan Babcock, Hitachi Zosen Inova, Johnson Matthey, Mitsubishi Power, Nalco Water, SAACKE Group, and Yara International among others.