Industrial DeNOx Systems & Services Market worth $6.9 Billion by 2019

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MarketsandMarkets Presents
Industrial DeNOx Systems Services Market worth
6.9 Billion by 2019
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The report "Industrial DeNOx Systems Services
Market by Type (SCR SNCR), by Application
(Utilities Industries), by Geography
(Asia-Pacific, North America, Europe, ROW) -
Global Trends Forecast to 2019" defines and
segments the global Industrial DeNOx Systems
Services market with analysis and forecasting of
the global revenue. The Industrial DeNOx Systems
Services market value will grow from an
estimated 4,907.8 million in 2013 to 6,946.8 by
2019, with a CAGR of 6.0 from 2014 to
2019. Browse gtgt 78 data
tables 63 figures
181 pages and in-depth TOC on
Industrial DeNOx Systems Services Market
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The increasing stringency of regulations on
emission of NOx gases from industries is driving
the market of DeNOx systems and services. The
power generation is the biggest end-user of the
systems. This can be attributed to the fact that
the power plants use high efficient and capital
intensive selective catalytic reduction (SCR)
systems for end of pipe NOx control. The
European market for DeNOx systems and services is
affected by the recent economic crisis, with no
significant investments in sectors such as power
generation, oil refineries capacity expansion,
metal processing units, etc. However, the market
in the Eastern Europe has performed well in the
past few years. This is primarily because most of
the countries in this region entered the European
Union, in the 2004 and 2007 EU enlargement and
have to comply the regulations on NOx emission
legislated by the EU commission. There was
significant number of installations in the U.S.,
amidst stringent regulations by the U.S. EPA.
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The top companies in the industrial NOx control
systems and services market include Alstom SA
(France), Babcock Wilcox Co. (U.S.), FLSmidth
Co. A/S (Denmark), Hitachi Ltd. (Japan), and
Mitsubishi Heavy Industries Ltd. (Japan). The
industrial NOx treatment systems and services
industry is focused on development of new
technology to address the high cost of SCR
systems and low efficiency of SNCR systems
simultaneously. The report identifies different
types of secondary NOx control systems namely
Selective Catalytic Reduction (SCR) and Selective
Non-Catalytic Reduction (SNCR) systems. The
report also analyzed the market in different
application areas such as utilities and
industries across different regions.
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