The Worldwide Nitrogen Oxide Control Systems Industry is Projected to Reach $7.3 Billion by 2030 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Nitrogen Oxide Control Systems Market By Technology, By Application: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
The global nitrogen oxide control systems market size was valued at $4.3 billion in 2020, and is projected to reach $7.3 billion by 2030, growing at a CAGR of 5.4% from 2020 to 2030.
Nitrogen oxides (NOx) is a mixture of nitric oxide (NO) and nitrogen dioxide (NO2), which are gases produced from natural sources, motor vehicles, and other fuel burning processes. Nitric oxide is colorless and is oxidized in the atmosphere to form nitrogen dioxide.
Nitrogen dioxide has an odor, and is an acidic and highly corrosive gas that can affect our health and environment. Nitrogen oxides are critical components of photochemical smog. They produce the yellowish-brown color of the smog. In poorly ventilated situations, indoor domestic appliances such as gas stoves and gas or wood heaters can be significant sources of nitrogen oxides.
The New England states have adopted regulations that require many facilities to reduce NOx emissions. These emissions can be reduced by making process changes (such as modifications to the combustion process) or by installing air pollution control equipment (such as selective non-catalytic reduction (SNCR) or selective catalytic reduction (SCR)).
The regulations were developed by the New England states to be consistent with three separate programs that reduce NOx emissions, which include NOx Reasonably Available Control Technology (RACT), Ozone Transport Region NOx Cap, allowance Trading Program and EPA’s Ozone Transport NOx SIP Call.
The adoption of several techniques to control nitrogen oxide are Less Excess Air (LEA), Off Stoichiometric (Burners Out of Service (BOOS) and Over Fire Air (OFA)), Low NOx Burner (LNB), Flue Gas Recirculation (FGR), Water/Steam Injection, Reduced Air Preheat, Selective Catalytic reduction (SCR) (add-on technology), Selective Non-catalytic Reduction (SNCR) (add-on technology) (urea and ammonia), Fuel Reburning, Combustion Optimization, Catalytic Combustion, Non-thermal Plasma, Inject Oxidant, Oxygen instead of Air, Ultra-Low Nitrogen Fuel, Use Sorbents (add-on technology) in Combustion, Duct to Baghouse, Duct to Electrostatic Precipitator, Air Staging and Fuel Staging.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nitrogen oxide control systems market analysis from 2020 to 2030 to identify the prevailing nitrogen oxide control systems market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the nitrogen oxide control systems market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global nitrogen oxide control systems market growth, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
- Selective Catalytic Reduction (SCR)
- Selective Non-Catalytic Reduction (SNCR)
- Low NOx Burner
- Fuel Reburning
- Others
By Application
- Power generation energy
- Chemical
- Others
- Transportation
- Industrial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Ducon Technologies Inc.
- Mitsubishi Hitachi Power Systems, Ltd
- Siemens AG
- Babcock & Wilcox Enterprises, Inc.
- CECO Environmental
- Fuel Tech
- Honeywell International Inc.
- John Wood Group plc,
- S.A. HAMON
- The Shell Group
For more information about this report visit https://www.researchandmarkets.com/r/bj9bwh
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