Home > Industrial Machinery > Industrial Equipment > Stationary Catalytic Systems > Asia Pacific Stationary Catalytic Systems Market

Asia Pacific Stationary Catalytic Systems Market Share

Report ID: GMI7291
Published Date: Nov 2023
Report Format: PDF

Download Free Sample

Asia Pacific Stationary Catalytic Systems Market Share

Stationary catalytic systems manufacturers are focusing on research & development, technology development, collaboration & innovation to conform with the internationally accepted mandated & regulations. Prominent industries operative in the stationary catalytic systems market are undertaking rigorous merger & acquisition with local, regional, along with global vendors to offer opportunities for the market growth.

Prominent industries operative in the stationary catalytic systems industry

Hug Engineering
Kwangsung Co., Ltd.
Johnson Matthey
MAN Energy Solutions
Yara International
Babcock & Wilcox Enterprises, Inc.
DUCON
Mitsubishi Heavy Industries, Ltd.
Environmental Energy Services Corporation
General Electric
Thermax Limited,
CECO ENVIRONMENTAL
Shanghai Electric
Doosan Enerbility
Cummins Inc.
IHI Power Systems Co.,Ltd.
Isgec Heavy Engineering Ltd.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Asia Pacific market for stationary catalytic systems was worth USD 2.76 billion in 2022 and is anticipated to witness over 5.9% CAGR from 2023 to 2032, due to the rising need for energy, swift industrial expansion along with the higher implementation of energy efficiency regulations.

Asia Pacific stationary catalytic systems market size is set to observe over 6.3% CAGR from 2023 to 2032, owing to the ongoing technological advancements aimed at creating more efficient, cost-effective, and compact systems for boilers of various sizes.

China recorded over 37.5% of the stationary catalytic system market share in 2022 due to the significant rise in manufacturing activities along with increasing deployment of coal-based power plants to meet the ever-growing electricity demand in the country.

Some of the well-known stationary catalytic system companies in APAC are Hug Engineering, Kwangsung Co., Ltd., Johnson Matthey, MAN Energy Solutions, Yara International, Babcock & Wilcox Enterprises, Inc., and DUCON.