TMR_Research_Reports_2017 Industrial DeNOx Systems and Services Market 2024 | Page 2

REPORT DESCRIPTION Fossil fuel combustion done for various applications including waste incineration, power generation and industrial furnaces, boilers or kilns leads to emission of harmful NOx gases. At regional and country level there are certain legislations on the emission of such harmful gases in order to curb air pollution. According to these legislations, emission limits have been set for various industries and utilities. This has made the installation and use of a DeNOx service and system mandatory for many industries. DeNOx systems and services are generally installed in areas such as coal-fired power plants, gas turbines, natural gas-fired power plants, biomass plants, and in industries such as metal processing units and cement plants. Industries prefer selective non-catalytic reduction (SNCR) over selective catalytic reduction (SCR) in order to save on to the huge initial operation, capital and maintenance cost whereas coal-fired power plants usually install selective catalytic reduction systems for enhanced efficiency. Obtain Report Details @ http://www.transparencymarketresearch.com/industrial-denox-systems- services-market.html Global Industrial DeNOx Systems and Services Market: Drivers and Restraints Stringent emission control regulations, industrialization amidst rigorous regulations in Eastern Europe and China and world's dependence on natural gas and coal for power generation are the major factors driving the industrial DeNOx systems and service market. Although, there are some factors which restrict the market’s growth such as unfavorable economic conditions and emergence of low-emission alternatives. Even after such restraints the market is expected to grow at a steady rate. Regulations of India and the United Kingdom are expected to favor the market and act as an opportunity for the industrial DeNOx systems and service market. Global Industrial DeNOx Systems and Services Market: Geographical Dynamics Industrial DeNOx systems and services for the European market are affected by the investment scenario in segments such as oil refineries capacity expansion, power generation, metal processing units and recent economic crisis. However, in the past few years the Eastern Europe market has performed well.