Transparency
Market Research Added A New Report "Emission
Control Catalysts Market". With the advent of emission
regulation policies, such as the Euro standards in Europe, National
Ambient Air Quality Standards in the USA and Bharat Stage emission
standards in India, there has been a revolution in the production of
emission control equipments, specifically catalyst based. Catalysts
are used in gasoline or diesel based internal combustion engines. At
the onset of the environmental emission regulations, catalysts were
only made compulsory for automobiles but with the progress in
technology and extent of emissions from production facilities across
the world, catalysts were considered necessary for industrial and
power plants as well. Emissions occurring from automobiles, heavy
duty equipments and industrial plants, besides containing carbon
dioxide, also possess certain other compounds, such as carbon
monoxide, nitrous oxides and unburnt or partially burnt fuels, which
are extremely hazardous for the environment. The regulations have
been put in place to curb the emission of such compounds in order to
protect the ecology. Catalysts curb the emission of such compounds,
convert them to non-hazardous materials and then release them into
the atmosphere.
One of the most
important drivers for the market is the stringent environmental
policies that have been adopted by various governments and
environmental protection agencies. These directives guide the market
to improve emission control technologies and make them standardized
and compliant across the planet. Another driver is the continuous
development of new and upgraded catalysts across the market that
prompts automobile and industrial catalyst manufacturers to innovate,
thus causing replacement of the older catalysts. On the other hand,
catalysts face constraints in the form of being expensive to procure
or replace. Additionally, since catalytic converters emit carbon
dioxide after conversion of hazardous elements, they are faintly
responsible for the increased amount of carbon dioxide in the
atmosphere. But regardless of the pros and cons of catalysts, market
opportunities lie in emerging markets, especially India and China
that will affect the market in the near future.
Catalytic converters
can be classified based on the application that they are being
installed for and type of engine. Based on application, catalysts are
industrial or automotive. Under the automotive segment, catalysts can
be installed in passenger vehicles, trailers, buses, tractors and
earth moving equipment and even aircrafts. For industrial use, the
type of catalyst to be installed is decided based on the
environmental norms imposed on the particular industry i.e. a
petroleum refinery would need the highest grade of catalysts as
compared to a food processing unit. Based on the type of engine,
catalysts are different for internal combustion engines as compared
to spark ignition ones.
Regionally, emission
control catalyst market has seen the most growth from North America,
due to the highest number of automobiles and industries existing in
the region, specifically in the U.S. Due to stringent Euro standards;
Europe has also seen increased demand for catalysts, mainly from
Germany, Switzerland, Austria, Netherlands, Norway and the United
Kingdom. The Asia Pacific expanse is currently seeing a rise in
emission control catalyst demand due to the industrialization of
emerging economies, essentially from India, China, Malaysia, Vietnam,
Pakistan and Japan. Across the rest of the world, heavy demand can be
witnessed from U.A.E., Oman, Saudi Arabia, Nigeria, Libya and Brazil.
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Report Copy :
Some of the
Companies involved in the manufacturing of control catalysts
are: Tenneco Inc., DCL International Inc., KATCON Global, Eastern
Manufacturing Inc., Bastuck GmbH &Co., Bosal Nederland B.V. and
AirTek Inc.
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