The latest report on Nitrogen Oxide Control Systems Market by Infinium Global Research gives complete coverage of the Nitrogen Oxide Control Systems Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Nitrogen Oxide Control Systems such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Stringent Air Pollution Controlling Regulations are the Major Driving Factors of the Nitrogen Oxide Control Systems
Nowadays, changing climate due to air pollution has become a major problem on the agenda of almost all countries around the world. NOx emissions have an important share in climate change as compared to other air pollutants, and specifically, diesel vehicles are one of the most important sources for the formation of NOx pollutants.
The trending and most effective NOx control technologies are exhaust gas recirculation (EGR), lean NOx trap (LNT) and selective catalytic reduction of NOx by ammonia (NH3-SCR) and hydrocarbons (HC-SCR). These technologies help to prevent air pollution and global warming and thus the world will become more liveable in terms of environment and human health.
Stringent air pollution controlling regulations are the major driving factors of the nitrogen oxide control systems market. The demand for nitrogen oxide control systems is rising due to its wide use in the industrial and technology sector to control and reduce NOx emissions. It is also used to control and prevent the emissions of nitrogen oxides from various combustion surfaces.
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Growth in the Transportation and Construction Industry and the Expansion of Coal-Fired and Gas-Fired Power Plants
Furthermore, factors such as growth in the transportation and construction industry and the expansion of coal-fired and gas-fired power plants are other driving factors of the market. However, a limited operational range of nitrogen oxide control systems hampers the global nitrogen oxide control systems market. Moreover, increasing awareness of pollution control and advances in pollution control technologies among consumers are anticipated to provide growth opportunities to the market players.
Geographically, Asia-Pacific dominates the global nitrogen oxide control systems market due to an increase in demand for NOx control systems from the power & energy sector, increasing disposable incomes and growing consumer awareness about nitrogen oxide emissions in this region. The rapid industrialization, development of the transportation & construction industry are driving the market growth in this region. North America is the second-largest market for nitrogen oxide control systems.
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- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.