Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Selective Catalytic Reduction (SCR) Market 2008 | Page 3

Global In-flight Advertising Market Research Report: Forecast to 2023
Global Selective Catalytic Reduction (SCR) Market Information Report by Application
(diesel powered vehicles and gasoline powered vehicles), Vehicle Type (passenger
vehicle and commercial vehicle), Region (Tracking and Optimization), and by Regions -
Global Forecast To 2023
Market Scenario:
Selective catalytic reduction basically controls the emission of nitrous oxide by adding
automotive grade urea into the exhausts which results in conversion of nitrogen oxides
into carbon di oxide, nitrogen and water. Selective Catalytic Reduction (SCR) has
witnessed tremendous growth off late mainly due to the favorable government policies
across the globe trying to curb vehicle emission. Alarming growth in health hazards
caused due to vehicular emission have resulted in growing awareness among individuals
contributing towards the growth of the selective catalytic reduction (scr) market. With
diesel engines contributing a major part of the vehicle emission, application of selective
catalytic reduction in diesel vehicles has propelled in recent times. Many major
manufacturers in the automotive industry are paying head towards the growing demand
for higher fuel efficiency in vehicles as a result of which selective catalytic reduction
market has registered high growth rate off late. Latest trends in the market include the
growing prominence of single module aftermarket treatment device which is designed to
meet higher fuel efficiency and greenhouse gas standards across the globe.
High cost associated with the selective catalytic reduction is expected to act as a major
restraint for the market
The global selective catalytic reduction market has been segmented on the basis of
application as diesel powered vehicles and gasoline powered vehicles. On the basis of
vehicle type the market has been segmented as passenger vehicle and commercial
vehicle. On the basis of region the market has been segmented as North America,
Europe, Asia-Pacific, Middle East & Africa and South America.
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