Nitrogen oxide is a term usually used to refer to the species of oxides of nitrogen, which include nitric oxide and nitrogen dioxide. Nitrogen Oxide is a family of highly reactive and poisonous gases emitted when fuel is burnt at high temperatures. The gases are harmful for human health and damage the ecosystem. Nitrogen oxide often appears as a brownish gas and plays a significant role in atmospheric reactions with volatile organic compounds that produce smog and acid rain. Nitrogen oxide control systems are used to control and prevent the emissions of nitrogen oxides from various combustion surfaces. These systems are widely used in power generation and in the industrial and chemical sectors in order to control and reduce nitrogen oxide emissions. In addition, government programs such as the Clean Air Act Amendments of 1990 and the Ozone Transport Region (OTR) NOx Cap are imposing emission standards in order to control NOx emissions.
One of the key factors driving the global nitrogen oxide control systems market is expansion in the transportation and construction industry, expansion of power plants, and stringent emission control regulations. A significant rise in industrial activities is resulting in large amounts of pollutants and toxic gases. Government regulations pertaining to NOx are increasing the demand for control systems. The U.S. Environmental Protection Agency has stated that it is cost-compliant for power plants to conform to regulations introduced to control emissions of NOx and other toxic pollutants/gases emitted out of power plants.
This is subsequently leading to the adoption of NOx control systems by both large and small organizations. These factors are likely to propel the nitrogen oxide control systems market during the forecast period. However, the limited operational range of control systems and emergence of alternate and renewable sources of energy are likely to hamper the nitrogen oxide control systems market in the next few years. Nevertheless, rise in awareness regarding air pollution and advancements in pollution control technologies are expected to create opportunities for the market.
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The global nitrogen oxide control systems market can be segmented based on technology, end- use industry, and region. In terms of technology, the global nitrogen oxide control systems market can be categorized into selective catalytic reduction (SCR), selective non-catalytic reduction (SNCR), low NOx burner, fuel reburning, and others (steam water injection, staged combustion, etc.). Based on end-use industry, the global nitrogen oxide control systems market can be classified into transportation, construction & cement, power generation & energy, and others (iron & steel, chemical industry, etc.). The demand for cement in the construction industry is anticipated to be rise at a fast pace driven by a rise in cement production in China and India. Moreover, an increase in the number of coal-fired plants in Asia Pacific is driving demand for nitrogen oxide control systems.
Based on region, the global nitrogen oxide control systems market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is estimated to dominate the global nitrogen oxide control systems market, followed by North America and Europe. An increase in demand for NOx control systems from the power & energy sector, development of the transportation & construction industry, and rapid industrialization are leading to an increase in emissions of toxic gases and pollutants. This is projected to augment demand for NOx control systems in Asia Pacific. In addition, the number of coal- and gas-fired power plants in emerging countries such as India, China, and Vietnam is on the rise. This is further propelling demand for these systems and boosting nitrogen oxide control systems market growth.
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Key players operating in the global nitrogen oxide control systems market include Alstom SA, Babcock & Wilcox Enterprises, Inc., CECO Environmental, Ducon Technologies Inc., Fuel Tech, Honeywell International, Inc., John Wood Group PLC, Mitsubishi Hitachi Power Systems, Ltd., Hamon Corporation, Siemens AG, and The Shell Group. Leading companies are focusing on the growth of their contracts and agreements to serve end-user industries with a wide geographic presence. In addition, players are adopting strategies such as partnerships, collaborations, mergers & acquisitions, joint ventures, and expansion in order to strengthen their position in the industry. However, emerging players need to overcome the budget constraints arising due to capital-intensive technologies in the nitrogen oxide control systems market. Therefore, the level of competition is anticipated to be low during the forecast period.