The global stationary emission control catalyst industry is witnessing strong demand from developing and developed economies, driven by the drive towards reducing emissions. The stationary emission control catalyst market report provides insights into leading catalyst types such as plate, honeycomb, and corrugated types. Further, annual forecasts are provided for the Stationary Emission Control Catalyst Market size across the Selective Catalytic Reduction process, Non-selective Catalytic Reduction process, Diesel Particulate Filters process, and Catalytic Oxidation process. Further, the market size outlook across power generation and industrial applications are also provided from 2021 to 2030. In addition, business profiles of 10 leading companies and market forecasts across 25 countries are included in the study.
Introduction to Global Stationary Emission Control Catalyst Markets, 2023
The global stationary emission control catalyst market is one of the potential growth markets with leading companies investing in the launch of efficient emission control catalysts. As the world moves towards net zero, industries are opting for efficient decarbonization and emission control mechanisms, fuelling the demand for emission control catalyst manufacturers.
Robust Stationary Emission Control Catalyst demand growth is encouraging companies to invest in R&D activities across catalytic converters, silencers, particulate filters, SCR systems, and heat exchanger systems.
The comprehensive Stationary Emission Control Catalyst market report provides detailed insights into the market types, applications, processes, and countries worldwide. Further, business profiles of 10 leading companies are profiled in the Stationary Emission Control Catalyst research study.
Stationary Emission Control Catalyst Market Outlook, 2021- 2030
The global stationary emission control catalyst market generated a revenue of $3.47 billion in 2022. The market showed recovery signs in 2021 and 2022 and presents a steady growth outlook to 2030. The stationary emission control catalyst market size is estimated to pose an accelerating growth rate over the forecast period.
The figure below presents the global stationary emission control catalyst market size forecast from 2021 to 2030-
Market Trend- Stationary Type holds a 16.6% market share in the global Emission Control Catalyst Market
The global $19.68 billion emission control catalyst market consists of mobile and stationary types. Of these, the mobile emission control catalyst market accounted for 83.4% market share in 2022. The stationary emission control catalyst market accounted for the remaining 16.6% market share in the year.
Market Share Analysis- Honeycomb Type Stationary emission Control Catalyst dominated the global market in 2022
The Stationary Emission Control Catalyst market is analyzed across different types including honeycomb catalysts, plate catalysts, and corrugated catalysts. Of these, the honeycomb catalyst accounted for more than 60% market share in 2022. The wide range of uses of the honeycomb catalyst including low dust flue gas applications supports the dominant market share of the segment.
On the other hand, plate-type catalysts are often used for high dust flue gas applications such as coal-fired power plants, industrial process plants, refineries, and others. It has a small contact surface area per volume and a large number of catalysts are needed.
Market Driver- New Product Launches Focused on Specific Applications Identified among critical success factors in the global Stationary Emission Control Catalyst Market
Leading emission control catalyst companies are focusing on developing affordable solutions to support customers to adhere to stringent environmental standards and stay cost-effective. Key companies such as BASF emphasize developing innovative solutions that deliver proven results for their clients. Similarly, Clariant markets custom-made catalyst designs and catalysts to cater to specific applications and equipment.
To gain market share, companies are setting up sales offices in close proximity to rapidly growing end-user markets to provide expert product knowledge and sales support to customers.
Stringent legislation on emissions from stationary sources supports the market for stationary emission control catalysts. A broad range of industries including Power, marine Propulsion, oil and gas Refining, chemical processing plants, Petrochemicals, and Industrial segments deploy stationary emission control catalysts to adhere to the local regulatory standards on emissions.
Emission control catalysts play a large role in reducing harmful pollutants including Volatile Organic Compounds, Hydrocarbons, Carbon Monoxide, NOx, Nitrogen oxide, Ammonia, Metal Halogens, Metal Hydrides, and others. Key processes used in stationary emission control catalysts include selective catalytic reduction, catalytic oxidation, catalyzed filters, and catalytic incineration.
Market Challenges- High Operational Expenditure Restricts the Growth in Stationary Emission Control Catalyst Market Volume
Stationary emission control catalysts must be replaced periodically to ensure efficient functioning. As the continuous exposure of catalysts to flue gases reduces their efficiency in lowering NOx levels, the maintenance costs remain high for end-users.
The performance is also temperature dependent and can cause undesired chemical reactions, reduced pollutant loading, and other factors. Further, fluctuating costs of raw materials and the presence of low-cost alternative technologies such as selective non-catalytic reduction mechanisms can act as restraints to the market outlook.
Stationary Emission Control Catalyst Industry Analysis and Outlook by Region-
The global stationary emission control catalyst market size is segmented across five regions including North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific remains the potential growth market for emission control catalyst companies worldwide. Growing concerns over emissions from power plants, coal-fired power plants, in particular, are supporting the demand for efficient stationary emission control catalysts in the Asia Pacific.
The European countries remain some of the major markets for stationary emission control catalysts amidst stringent regulations in the region. Further, the presence of leading companies including BASF (Germany), Johnson Matthey (UK), and Umicore (Belgium) strengthens the market growth.
North American market is characterized by robust demand for efficient emission control catalysts driven by a large number of fossil-fired power plants, chemical processing plants, petrochemical complexes, and stringent regulations such as the Environment Protection Agency (EPA) clean power plan, Canadian Clean Air Act, General Climate Change Law in Mexico and other market drivers.
Stationary Emission Control Catalyst Market Segmentation -
Catalyst Type
Process
Application
Companies Profiled in the Study
Regions
1. Executive Summary
1.1 Introduction to Stationary Emission Control Catalyst Markets
1.2 Stationary Emission Control Catalyst Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Stationary Emission Control Catalyst Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Stationary Emission Control Catalyst Market Trends
3.1.1 Stringent emission control regulations support market growth
3.1.2 R&D Investments in product differentiation
3.1.3 Shift to natural gas-fired power generation
3.2 Key Stationary Emission Control Catalyst Market Growth Drivers
3.2.1 New Product Launches Focused on Specific Applications Identified among critical success factors
3.2.2 Increasing focus on emerging economies
3.3 Key Stationary Emission Control Catalyst Market Growth Restraints
3.3.1 High Operational Expenditure Restricts the market growth
3.3.2 Fluctuations in raw material prices
4 Stationary Emission Control Catalyst Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Stationary Emission Control Catalyst Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Stationary Emission Control Catalyst Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Stationary Emission Control Catalyst Market Size Outlook to 2030
5. Stationary Emission Control Catalyst Market Segmentation- Outlook by Type
5.1 Stationary Emission Control Catalyst Market Share Analysis by Type, 2023
5.2 Plate Catalyst Market Outlook to 2030
5.3 Honeycomb Catalyst Market Outlook to 2030
5.4 Corrugated Catalyst Market Outlook to 2030
6. Stationary Emission Control Catalyst Market Segmentation- Outlook by Process
6.1 Stationary Emission Control Catalyst Market Share Analysis by Process, 2023
6.2 Selective Catalytic Reduction: Stationary Emission Control Catalyst Market Outlook to 2030
6.3 Non-selective Catalytic Reduction: Stationary Emission Control Catalyst Market Outlook to 2030
6.4 Diesel Particulate Filters: Stationary Emission Control Catalyst Market Outlook to 2030
6.5 Catalytic Oxidation: Stationary Emission Control Catalyst Market Outlook to 2030
7. Stationary Emission Control Catalyst Market Segmentation- Outlook by Application
7.1 Stationary Emission Control Catalyst Market Share Analysis by Application, 2023
7.2 Power Generation: Stationary Emission Control Catalyst Market Outlook to 2030
7.3 Industrial: Stationary Emission Control Catalyst Market Outlook to 2030
8. North America Stationary Emission Control Catalyst Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 North America Stationary Emission Control Catalyst Market Growth Opportunities
8.2.1 North America Stationary Emission Control Catalyst Market Outlook by Type, 2021 to 2030
8.2.2 North America Stationary Emission Control Catalyst Market Outlook by Application, 2021 to 2030
8.2.3 North America Stationary Emission Control Catalyst Market Outlook by Country, 2021 to 2030
8.3 United States Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
8.4 Canada Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
8.5 Mexico Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9. Europe Stationary Emission Control Catalyst Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Europe Stationary Emission Control Catalyst Market Growth Opportunities
9.2.1 Europe Stationary Emission Control Catalyst Market Outlook by Type, 2021 to 2030
9.2.2 Europe Stationary Emission Control Catalyst Market Outlook by Application, 2021 to 2030
9.2.3 Europe Stationary Emission Control Catalyst Market Outlook by Country, 2021 to 2030
9.3 Germany Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9.4 France Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9.5 United Kingdom Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9.6 Spain Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9.7 Italy Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
9.8 Other Europe Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10. Asia Pacific Stationary Emission Control Catalyst Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 Asia Pacific Stationary Emission Control Catalyst Market Growth Opportunities
10.2.1 Asia Pacific Stationary Emission Control Catalyst Market Outlook by Type, 2021 to 2030
10.2.2 Asia Pacific Stationary Emission Control Catalyst Market Outlook by Application, 2021 to 2030
10.2.3 Asia Pacific Stationary Emission Control Catalyst Market Outlook by Country, 2021 to 2030
10.3 China Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10.4 Japan Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10.5 India Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10.6 South Korea Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10.7 Indonesia Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
10.8 Other Asia Pacific Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
11. South and Central America Stationary Emission Control Catalyst Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 South and Central America Stationary Emission Control Catalyst Market Growth Opportunities
11.2.1 South and Central America Stationary Emission Control Catalyst Market Outlook by Type, 2021 to 2030
11.2.2 South and Central America Stationary Emission Control Catalyst Market Outlook by Application, 2021 to 2030
11.2.3 South and Central America Stationary Emission Control Catalyst Market Outlook by Country, 2021 to 2030
11.3 Brazil Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
11.4 Argentina Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
11.5 Other Latin America Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12. Middle East and Africa Stationary Emission Control Catalyst Market Outlook and Opportunities to 2030
12.1 Market Snapshot, 2023
12.2 Middle East and Africa Stationary Emission Control Catalyst Market Growth Opportunities
12.2.1 Middle East and Africa Stationary Emission Control Catalyst Market Outlook by Type, 2021 to 2030
12.2.2 Middle East and Africa Stationary Emission Control Catalyst Market Outlook by Application, 2021 to 2030
12.2.3 Middle East and Africa Stationary Emission Control Catalyst Market Outlook by Country, 2021 to 2030
12.3 Saudi Arabia Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12.4 United Arab Emirates (the UAE) Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12.5 Other Middle East Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12.6 Egypt Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12.7 South Africa Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
12.8 Other Africa Stationary Emission Control Catalyst Market Outlook, 2021 to 2030
13. Profiles of major world Stationary Emission Control Catalyst Companies
13.1 Johnson Matthey Plc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.2 Cormetech Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.3 Umicore NV
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.4 DCL International Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.5 BASF SE
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.6 Clariant AG
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.7 Corning Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
13.8 Honeywell International
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13.9 Heraeus Holding GmbH
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13.10 Tenneco Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
14. Appendix
14.1 Publisher’s Expertise
14.2 List of Tables and Charts
14.3 List of Exhibits
14.4 Legal Disclaimer
Catalyst Type
Process
Application
Stringent emission control regulations support market growth, Shift to natural gas-fired power generation, R&D Investments in product differentiation, Increasing focus on emerging economies, and new Product Launches Focused on Specific Applications Identified among critical success factors in the global Stationary Emission Control Catalyst Market
The global stationary emission control catalyst market generated a revenue of $3.47 billion in 2022.
The stationary emission control catalyst market showed recovery signs in 2021 and 2022 and presents a steady growth outlook of 6.32% between 2023 and 2030.
Johnson Matthey Plc, Cormetech Inc., Umicore NV, DCL International Inc., BASF SE, Clariant AG, Corning Inc, Honeywell International, Heraeus Holding GmbH, Tenneco Inc., and others
Coal-fired power generation in developing Asian countries offers significant growth prospects for companies planning business expansion.