Global Ammonia Slip Catalyst (ASC) Market Research Report 2023
SKU ID : QYR-25151222 | Publishing Date : 10-Oct-2023 | No. of pages : 93
The Ammonia slip catalysts (ASC) is capable of eliminating the traces of Ammonia and converting in parallel newly formed and existing NO to N2, which finally helps to reduce further NOx emissions.
According to Researcher's new survey, global Ammonia Slip Catalyst (ASC) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Ammonia Slip Catalyst (ASC) market research.
The ammonia slip catalyst market is a segment of the catalytic converter industry that focuses on the production and distribution of catalysts used to reduce or eliminate the presence of ammonia (NH3) in exhaust gases from selective catalytic reduction (SCR) systems. Ammonia slip refers to the unintended release of ammonia beyond permissible limits, which can be harmful to the environment and human health.
Ammonia slip catalysts play a crucial role in controlling and minimizing the emission of ammonia in SCR systems. These catalysts facilitate the conversion of excess ammonia into nitrogen (N2) and water (H2O), ensuring compliance with emission standards and regulations.
The global ammonia slip catalyst market has witnessed significant growth in recent years, driven by stringent environmental regulations, particularly in the automotive industry. Governments and regulatory bodies worldwide have imposed strict limits on pollutant emissions, including ammonia, to mitigate air pollution and its impact on public health.
In terms of application, the primary market for ammonia slip catalysts is the automotive sector, especially diesel vehicles equipped with SCR systems. However, other industries such as power generation, chemical manufacturing, and industrial processing also utilize ammonia slip catalysts to limit emissions and comply with environmental regulations.
Geographically, regions with stringent emission standards and high vehicle sales contribute significantly to the ammonia slip catalyst market. Key regions include North America, Europe, and Asia-Pacific. Additionally, emerging economies with growing industrial sectors and increasing adoption of SCR systems also present opportunities for market growth.
The ammonia slip catalyst market is expected to witness continued growth in the future, driven by factors such as the tightening of emission regulations, the expansion of the automotive industry, and the increasing focus on sustainability. Manufacturers are investing in research and development to improve catalyst performance, enhance durability, and reduce costs to meet evolving market demands.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Ammonia Slip Catalyst (ASC) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Umicore
Johnson Matthey
Haldor Topsoe
Denox Environment&Technology Holdings Co.
Kunming Sino-Platinum Metals Catalyst Co.
Interkat
Sinocat
Segment by Type
Monolayer
Bilayer
Segment by Application
Diesel Engine
Gasoline Engine
Natural Gas Engine
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Ammonia Slip Catalyst (ASC) report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
According to Researcher's new survey, global Ammonia Slip Catalyst (ASC) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Ammonia Slip Catalyst (ASC) market research.
The ammonia slip catalyst market is a segment of the catalytic converter industry that focuses on the production and distribution of catalysts used to reduce or eliminate the presence of ammonia (NH3) in exhaust gases from selective catalytic reduction (SCR) systems. Ammonia slip refers to the unintended release of ammonia beyond permissible limits, which can be harmful to the environment and human health.
Ammonia slip catalysts play a crucial role in controlling and minimizing the emission of ammonia in SCR systems. These catalysts facilitate the conversion of excess ammonia into nitrogen (N2) and water (H2O), ensuring compliance with emission standards and regulations.
The global ammonia slip catalyst market has witnessed significant growth in recent years, driven by stringent environmental regulations, particularly in the automotive industry. Governments and regulatory bodies worldwide have imposed strict limits on pollutant emissions, including ammonia, to mitigate air pollution and its impact on public health.
In terms of application, the primary market for ammonia slip catalysts is the automotive sector, especially diesel vehicles equipped with SCR systems. However, other industries such as power generation, chemical manufacturing, and industrial processing also utilize ammonia slip catalysts to limit emissions and comply with environmental regulations.
Geographically, regions with stringent emission standards and high vehicle sales contribute significantly to the ammonia slip catalyst market. Key regions include North America, Europe, and Asia-Pacific. Additionally, emerging economies with growing industrial sectors and increasing adoption of SCR systems also present opportunities for market growth.
The ammonia slip catalyst market is expected to witness continued growth in the future, driven by factors such as the tightening of emission regulations, the expansion of the automotive industry, and the increasing focus on sustainability. Manufacturers are investing in research and development to improve catalyst performance, enhance durability, and reduce costs to meet evolving market demands.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Ammonia Slip Catalyst (ASC) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Umicore
Johnson Matthey
Haldor Topsoe
Denox Environment&Technology Holdings Co.
Kunming Sino-Platinum Metals Catalyst Co.
Interkat
Sinocat
Segment by Type
Monolayer
Bilayer
Segment by Application
Diesel Engine
Gasoline Engine
Natural Gas Engine
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Ammonia Slip Catalyst (ASC) report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.