The global nitrogen oxide control systems market is anticipated to grow at a favorable rate from 2021 to 2031 (forecast period). Nitrogen oxide (NOx) is a blanket term for nitrogen oxides such as nitric oxide (NO) and nitrogen dioxide (NO2). Nitrogen oxide (NOx) control systems are used to manage and minimize harmful nitrogen oxide emissions from a variety of sources, including power stations, automobiles, the cement industry, and others. Nitrogen dioxide is a nitrogen oxide that combines with ambient gases to generate smog and acid rain. It is responsible for the generation of fine particles and ground-level ozone, both of which have been linked to negative health impacts. As a result, there is an increase in demand for nitrogen oxide control systems, which are used to reduce nitrogen oxide emissions.
Prominent players operating in the global nitrogen oxide control systems market are CECO Environmental, Babcock & Wilcox Enterprises, Inc., Mitsubishi Hitachi Power Systems, Ltd., Ducon Technologies, Inc., Fuel Tech, John Wood Group PLC, S.A. Hamon, Siemens AG, Honeywell International, Inc., and the Shell Group. Other players in the value chain include Fujian Longking Co., Ltd., Thermax Limited, and Delphi Technologies.
Due to the existence of multiple global and regional players, the worldwide nitrogen oxide control systems market is extremely competitive. Major firms are employing various methods such as regional development and product portfolio expansion to strengthen their market position.
Climate change caused by air pollution has become a huge problem for countries across the world. Nitrogen oxide emissions contribute significantly to climate change compared to other air pollutants.
Stringent air pollution control requirements and efforts such as the Clean Air Act Amendments of 1990 to limit nitrogen oxide output from a variety of industries is a major factor projected to drive the global nitrogen oxide control systems market. Nitrogen oxide control systems are in high demand due to their widespread application in the industrial and technology sectors to manage and minimize nitrogen oxide emissions. It is also utilized to control and prevent nitrogen oxide emissions from several combustion surfaces. Moreover, factors such as the growth of gas-fired and coal-fired power plants and expansion in the construction and transportation industries are expected to boost the global nitrogen oxide control systems market.
Furthermore, rising consumer awareness regarding pollution control and advancements in pollution control technologies are expected to generate potential prospects for market participants operating in the global nitrogen oxide control systems market.
The Asia Pacific nitrogen oxide control systems market is expected to grow owing to rising demand for nitrogen oxide control systems in the power and energy sectors, growing disposable incomes, and rising consumer awareness of nitrogen oxide emissions in the region. Moreover, rapid industrialization and the growth of the construction and transportation industries in the region are projected to boost the regional market growth.
The demand for cement in the construction industry has been expanding rapidly throughout the Asia Pacific region, leading to a rise in nitrogen oxide emissions into the environment. One of the primary uses of nitrogen oxide control systems is in cement manufacturing and transportation. Similarly, coal-fired power plants have seen rapid growth in nations such as China, Vietnam, India, and Japan, which is expected to boost the demand for nitrogen oxide control systems, thereby propelling the regional market.
The nitrogen oxide control systems market in North America is anticipated to witness growth during the forecast period. The United States is expected to contribute significantly to the nitrogen oxide control systems market in North America. The Environmental Protection Agency's (EPA) establishment of Mercury and Air Toxics Standards (MATS) in the United States is expected to provide impetus to the growth of the nitrogen oxide control systems market.