Market Report

Stationary Emission Control Catalyst Market Overview Stationary Emission Control Catalyst Market size is forecast to reach US$1.5 billion by 2026, after growing at a CAGR of 3.5% during 2021-2026. Globally, owing to the strict emission standards of emerging countries and rising use of catalytic oxidation in gas turbine power is estimated to drive the market growth. Also, the market is likely to benefit from the production of catalytic components for the growing fuel cell industry. Increasing usage of stationary emission control catalysts designed to meet the needs of a wide variety of industries, including refining and petrochemicals, power and propulsion, industrial and chemical applications has raised the growth of the market. However, the decrease in coal based thermal power generation plant is expected to restrict the stationary emission control catalyst industry growth. Impact of Covid-19 Due to the Covid-19 outbreak, various industries have been hit by a triple whammy: factory c...