Industrial DeNOx Systems Market, By Type (Selective Non-Catalytic Reduction and Selective Catalytic Reduction), By Application (Utilities and Industries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Industrial DeNOx Systems Market was valued at US$ 7.8 billion in 2024 and is projected to grow at a CAGR of 9.1% to reach US$ 17.3 billion by 2034.

Industrial DeNOx systems refer to the market for industrial facilities' NOx (nitrogen oxide) emission reduction systems. The public's growing concern about air pollution and regulatory pressure are the main forces behind this increase. To meet emissions requirements and enhance air quality, DeNOx systems are becoming increasingly necessary as businesses like power generation, cement manufacture, and chemical processing expand.The most prevalent application of industrial DeNOx emission control systems is in coal-fired thermal power plants to restrict the emission of flue gas, which is harmful to the environment and can seriously endanger the health of residents. Systems for industrial DeNOx aid in lowering NOx emissions. This results in improved worker health and better air quality at the workplace.

Based on the technology applied to the flue gas treatment process to reduce NOx gases to elemental nitrogen and water, industrial DeNOx systems and services can be categorized. The pollutants known as NOx gases, which are created during combustion processes in industrial facilities, including power plants, refineries, and manufacturing plants, comprise nitric oxide (NO) and nitrogen dioxide (NO2). These emissions exacerbate environmental problems and air pollution.

By minimizing the amount of NOx emissions released into the atmosphere, industrial DeNOx systems and services help to reduce air pollution. The industrial DeNOx systems and services market is anticipated to rise shortly due to increased awareness of worker safety and air pollution brought on by flue gas emissions. Implementing strict laws and regulations by environmental protection organizations worldwide to mitigate NOx emissions is driving up demand for industrial DeNOx systems. However, the primary factors impeding the target market's expansion are the high costs of these technologies, which must be installed and maintained, and the general need for more awareness around them.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Industrial DeNOx Systems Market Key Drivers:

Elevated regulatory burden to battle air pollution and cut emissions  

• Increasing regulatory pressure to combat air pollution and reduce emissions is a major industry driver. The industry is investing in DeNOx systems to control nitrogen oxide (NOx) emissions and comply with environmental demands because governments worldwide enforce stricter emissions rules and laws. Reducing NOx emissions has reduced the likelihood of associated respiratory disorders. Reducing NOx also directly affects the production of acid rain and lessens SMOG, which has detrimental effects on the ecosystem. Demand for the deNOx system has increased as a result of this awareness.

There is an increasing need across many sectors for industrial DeNOx systems

• Cement manufacturing, non-ferrous metal processing, power generation, iron and steel, and chemicals are among the industries that typically install exhaust gas treatment systems. The power generation industry demands industrial flue gas treatment systems due to the high pollution emissions from coal-fired plants. The market for industrial DeNOx systems is expected to develop at the fastest rate in the power generation sector.

Industrial DeNOx Systems Market Restrains:

More extraordinary initial expenses related to these systems

• The higher costs associated with such systems are a major restraining factor for the target market. The hefty upfront expenses of DeNOx system installation and operation represent a significant obstacle. The infrastructure, technology, and equipment industries must invest heavily in can affect their financial sustainability and profitability.

Industrial DeNOx Systems Market is segmented based on type, application, and region.

Type Insights

• Selective Non-Catalytic Reduction: Selective non-catalytic reduction provides an alternate approach to emission control in various sectors by reducing NOx emissions without the need for a catalyst through the use of chemical reagents.
• Selective Catalytic Reduction: The selective catalytic reduction type is a dominating segment of this sector for the target market. Nitrogen oxide (NOx) emissions from industrial plants are controlled by selective catalytic reduction (SCR) technology. This method uses a reducing agent, like ammonia, in the presence of oxygen and a catalyst to reduce NOx in a targeted manner.

Application Insights

• Utilities: This category includes large combustion units and several power plants, which are common in utilities' large-scale operations. Due to their size, utilities need to reduce NOx emissions as much as possible; hence, DeNOx systems are an essential part of their environmental management plans.
• Industries: The target market's application type is dominated by industries. Waste gas treatment systems are widely used in the production of electricity, chemicals, cement, iron and steel, non-ferrous metal processing, and other industries. Coal-fired power plants release huge amounts of pollutants, and the power industry uses industrial flue gas treatment systems the most.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Industrial DeNOx Systems Market Regional Insights

• North America market is estimated to witness tremendous growth due to the growing necessity for sustainable solutions and growing public awareness of environmental contamination in the region.
• The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to increasing DeNOx solutions. This market is expanding as a result of the rapid industrialization that is increasing NOx emissions in China and other Asian nations.
• The European market is expanding steadily due to the region’s stringent restrictions, which encourage the use of greener manufacturing procedures and have led to a sizable market for DeNOx systems.
• The Latin American market is an emerging region. Its growth is anticipated to occur over the forecast period due to rising environmental consciousness and the possibility of tighter restrictions.
• The Middle East and Africa market is in its developmental stages, and the prospective target market expansion will be influenced by the possibility of tougher laws and increased ecological issues in the region.

Report Scope:

Attribute	Details
Market Size 2024	US$ 7.8 billion
Projected Market Size 2034	US$ 17.3 billion
CAGR Growth Rate	9.1%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Type - Selective Non-Catalytic Reduction and Selective Catalytic Reduction By Application - Utilities and Industries
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Industrial DeNOx Systems Market report based on type, application and region:

Industrial DeNOx Systems Market, By Type:

• Selective Non-Catalytic Reduction
• Selective Catalytic Reduction

Industrial DeNOx Systems Market, By Application:

• Utilities
• Industries

Industrial DeNOx Systems Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Industrial DeNOx Systems Market include FL Smidth & Co., MITSUBISHI HEAVY INDUSTRIES, LTD, Babcock & Wilcox Enterprises, Inc., China Environment Ltd., Doosan Power Systems Ltd., Fuel Tech, Inc., Teinmuller Engineering GmbH, LUDAN Group, Babcock Noell GmbH, and Burns & Mcdonnell Inc.

• In September 2023, Vedanta Limited sent GE Power a purchase order for NOX Reduction. The order came from the 90 MW (3 x 30 MW) Lanjigarh CGPP facility of Vedanta. Vedanta's dedication to cleaner power generation is demonstrated by this action, which lowers the plant's harmful nitrogen oxide (NOX) emissions.                                            
• In November 2022, Babcock & Wilcox was given a contract worth more than US$ 24 million to deliver two industrial package boilers, auxiliary equipment, and cutting-edge emissions control technologies for a petroleum refinery in North America.

• FL Smidth & Co.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• MITSUBISHI HEAVY INDUSTRIES, LTD
• Babcock & Wilcox Enterprises, Inc.
• China Environment Ltd.
• Doosan Power Systems Ltd.
• Fuel Tech, Inc.
• Teinmuller Engineering GmbH
• LUDAN Group
• Babcock Noell GmbH
• Burns & Mcdonnell Inc.

"*" marked represents similar segmentation in other categories in the respective section.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Type
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Selective Non-Catalytic Reduction
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Selective Catalytic Reduction
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Utilities
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Industries
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• FL Smidth & Co.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• MITSUBISHI HEAVY INDUSTRIES, LTD
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Babcock & Wilcox Enterprises, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• China Environment Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Doosan Power Systems Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Fuel Tech, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Teinmuller Engineering GmbH
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• LUDAN Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Babcock Noell GmbH
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Burns & Mcdonnell Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word

• Future Impact
• About Us
• Contact