Stationary Catalytic Systems Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The stationary catalytic systems market size has grown strongly in recent years. It will grow from $5.11 billion in 2024 to $5.46 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to stringent environmental regulations, industrial expansion, increased focus on air quality, rising awareness of environmental issues, global energy consumption pattern, government incentives and subsidies.

The stationary catalytic systems market size is expected to see strong growth in the next few years. It will grow to $7 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to stricter emission standards, renewable energy integration, urbanization and industrialization trends, global efforts to combat climate change, public pressure and corporate social responsibility. Major trends in the forecast period include technological innovations, technological advancements, technological advancements in catalytic technologies, increased focus on energy efficiency, growing industrialization in emerging markets.

The growing demand for clean energy sources is anticipated to drive the expansion of the stationary catalytic systems market in the future. Clean energy sources refer to energy systems that generate power from renewable, non-polluting, zero-emission resources, as well as energy that is conserved through energy-saving practices. Stationary catalytic systems are employed across various clean energy sources to enhance efficiency and performance while reducing dependency on fossil fuels. For instance, in May 2023, a report from the International Energy Agency (IEA), a France-based intergovernmental organization, indicated a substantial rise in global investment in clean energy, increasing from $1.4 trillion in 2021 to $1.74 trillion in 2023. This significant investment highlights the growing commitment to environmentally sustainable practices. Thus, the increasing demand for clean energy sources is fueling the growth of the stationary catalytic systems market.

The escalating demand for hydrogen fuel cells is projected to further boost the growth of the stationary catalytic systems market in the upcoming years. A hydrogen fuel cell is an electrochemical cell that converts the chemical energy of hydrogen into electricity through redox processes. This sustainable energy source produces only electricity, heat, and water as outputs. Hydrogen fuel cells can be integrated into stationary catalytic systems for applications such as battery backup, uninterrupted power supply (UPS), and remote energy generation. For example, in September 2023, the Global Hydrogen Review 2023 published by the International Energy Agency (IEA) revealed that hydrogen usage in road transport surged by 45% in 2022, with the stock of fuel cell vehicles exceeding 58,000 by the end of the year - an almost 40% increase - reaching around 63,000 by mid-2023. Therefore, the rising demand for hydrogen fuel cells is a driving factor for the stationary catalytic systems market.

Leading companies in the stationary catalytic systems market are embracing innovative technological solutions, such as alumina catalyst technology, to secure a competitive advantage. Alumina catalyst technology involves a form of heterogeneous catalysis that utilizes aluminum oxide (Al2O3) as the catalyst, known for its stability at high temperatures. This technology can be customized for specific reactions by adjusting its surface properties. For example, in March 2022, Caterpillar Energy Solutions GmbH (formerly MWM GmbH), a mechanical engineering firm based in Germany, introduced the SCR catalyst retrofit kit for gas engines. This kit provides plant operators with a straightforward and reliable means to comply with the standards set by the 44th Federal Immission Control Ordinance (44th BImSchV). The SCR (selective catalytic reduction) technology effectively reduces NOx emissions, ensuring compliance with the stringent limits imposed by the ordinance.

In September 2024, TPG Rise Climate, a US-based climate-focused investment strategy under TPG’s global impact investing platform, acquired MIRATECH Corp. for an undisclosed sum. The acquisition aims to bolster MIRATECH’s market leadership and enhance emissions reduction initiatives in response to rising energy demands and stricter global air quality regulations. MIRATECH Corp. is a US-based company that specializes in aftermarket emissions and noise reduction technologies for stationary industrial engines, including catalyst solutions.

Major companies operating in the stationary catalytic systems market report are Shell PLC, BASF SE, Honeywell International inc., Bharat Heavy Electricals Limited, Yara International, Tenneco Inc., Johnson Matthey, Hitachi Zosen Corporation, Corning Incorporated, DuPont de Nemours Inc., Clariant AG, Durr Group, Umicore N.V., NIPPON SHOKUBAI CO. Ltd., CECO Environmental, Babcock and Wilcox Enterprises Inc., Dinex Group, Ducon Infratechnologies Ltd., Kwangsung Corporation Ltd., Nett Technologies, Unifrax Holding Co., Air Clean Energy, DCL International, Catalytic Products International Inc., APC Technologies Inc., Advanced Catalyst Systems LLC.

Asia-Pacific was the largest region in the stationary catalytic systems market in 2024. The regions covered in the stationary catalytic systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the stationary catalytic systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The stationary catalytic systems market consists of sales of catalytic converters, heat exchangers, particulate filters, monitoring, and reporting systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Stationary catalytic systems are pollution control devices employing a catalyst to convert one or more chemical species into different chemical species. These technologies are utilized to control emissions from stationary sources such as power plants, refineries, and industrial facilities, aiming to reduce the release of harmful substances such as chlorofluorocarbons, sulfur oxides, and other pollutants in various industrial applications.

The primary technologies included in stationary catalytic systems are selective catalytic reduction and oxidation catalysts. Selective Catalytic Reduction is an advanced emission control technology applied in various industries, particularly in automotive and power generation, to reduce nitrogen oxide emissions in exhaust gases. These systems target various pollutants, including NOX (nitrogen oxides), CO (carbon monoxide), hydrocarbons, HAP (hazardous air pollutants), DPM (diesel particulate matter), and NH3 (ammonia). The technology finds application across diverse industries, including chemical, oil and natural gas, power plants, metal and mining, cement, and others.

The stationary catalytic systems market research report is one of a series of new reports that provides stationary catalytic systems market statistics, including stationary catalytic systems industry global market size, regional shares, competitors with a stationary catalytic systems market share, detailed stationary catalytic systems market segments, market trends and opportunities, and any further data you may need to thrive in the stationary catalytic systems industry. This stationary catalytic systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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