Global Stationary Catalytic Systems Market Analysis Growth Challenges and Future Developments to 2022
26-apr-2019 Global stationary catalytic systems market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. The factors that propel the growth of the market include rapid industrialization leading to perpetual emissions of pollutants, huge demand from the petrochemical sector, surge in the number of power plants globally, technological advancement, high infrastructural growth, and strict emission rules for manufacturing units. Stationary catalytic systems market could be explored by product type, application, sales channel and geography. Market by product type could span Catalytic Oxidation and Selective Catalytic Reduction. The “Catalytic oxidation type” segment led the market in 2015 and is anticipated to maintain its dominance by 2022. The key factors that could be attributed to the growth include growing necessity for rubber & polymer manufacturing, resin production and organic...