Market Overview:
The global nitrogen oxide converter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for nitrogen oxide converters in car emission management and environment protection applications. Additionally, the growing industrial sector is also expected to fuel the demand for nitrogen oxide converters in the coming years. The global nitrogen oxide converter market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into membrane filter, catalyst filled cartridge, and others. The membrane filter segment is anticipated to hold a major share of the global nitrogen oxide converter market duringthe forecast period owingto its high efficiencyand low costof ownership.Onthe basis of application,themarketcanbe dividedinto car emission management and environment protection segments respectively .
Product Definition:
A nitrogen oxide converter is a device used to convert nitrogen oxides (NOx) into elemental nitrogen and oxygen. Nitrogen oxide converters are important for controlling emissions from vehicles and other mobile sources of pollution.
Membrane Filter:
A membrane filter is a device used to separate particles from liquids or gases. The most common application of membrane filters is in water purification, where they are used for removing particulate matter and bacteria from water. In the chemical industry, they are widely used for separating different compounds according to their size and density.
The global market for membrane filters was estimated at USD 6 billion in 2015.
Catalyst Filled Cartridge:
Catalyst-filled cartridge is used in the nitrogen oxide (NOx) converter to control and monitor the flow of nitrogen dioxide gas. The catalyst helps in reducing the NOx to nitric acid along with a negligible amount of carbon dioxide. This process also helps in increasing fuel efficiency by removing harmful deposits from combustion chambers, valves, and other engine components.
Application Insights:
The industry can be segmented by application into environment protection, industrial and car emission management. In 2017, the car emission management segment dominated the market with a share of over 60% in terms of revenue. The catalyst-based NOx Converters market for vehicle emissions is anticipated to witness significant growth on account of increasing demand from automotive manufacturers across the globe.
Nitrogen oxide (NOx) is one of the precursors leading to acid rain formation due to which strict regulations are imposed by various governments across countries regarding its usage in industrial as well as automobile applications. Strict government rules regarding reduction in air pollution and control over greenhouse gases are expected to have a positive impact on industry growth during forecast years owing to rising environmental awareness among consumers globally.
The environment protection segment was valued at USD 544 million in 2017.
Regional Analysis:
Asia Pacific was the leading market and accounted for over 40% of the global revenue in 2016. The region is expected to witness significant growth owing to rising environmental concerns coupled with increasing industrialization across countries such as China, India, Japan and South Korea. Stringent government regulations regarding vehicular emissions are also anticipated to drive product demand in this region.
The Asia Pacific market is expected to grow at a CAGR of XX% from 2017 to 2030 due high population growth rates coupled with rapid urbanization witnessed by countries such as China and India.
Europe was valued at USD X million in 2016 and is projected to expand at a CAGR of XX% from 2017 To 2030 owing increasing automotive emission standards set by European Union (EU).
Growth Factors:
- Increasing demand for automobiles due to population growth and rising income levels in developing countries is expected to drive the market for nitrogen oxide converter.
- Stringent emission norms by regulatory authorities across the globe are also anticipated to fuel the demand for nitrogen oxide converter over the forecast period.
- Growing awareness about environmental pollution and its effects is projected to boost the uptake of nitrogen oxide converters in passenger cars and commercial vehicles over the next few years.
- Technological advancements in automotive exhaust systems are likely to create new opportunities for market players operating in this space over the forecast period.
- Rising investments towards research and development activities by key players is expected to result in innovations that would help reduce emissions from vehicles, thereby propelling growth of this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitrogen Oxide Converter Market Research Report
By Type
Membrane Filter, Catalyst Filled Cartridge, Others
By Application
Car Emission Management, Environment Protection, Industrial
By Companies
ABB, M&C TechGroup, Bühler Technologies, JCT Analysentechnik GmbH, Ankersmid Sampling, Fuji Electric, Signal Group, Bont Technologies, Yokogawa, Axis, SEAH Hightech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Nitrogen Oxide Converter Market Report Segments:
The global Nitrogen Oxide Converter market is segmented on the basis of:
Types
Membrane Filter, Catalyst Filled Cartridge, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Car Emission Management, Environment Protection, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- M&C TechGroup
- Bühler Technologies
- JCT Analysentechnik GmbH
- Ankersmid Sampling
- Fuji Electric
- Signal Group
- Bont Technologies
- Yokogawa
- Axis
- SEAH Hightech
Highlights of The Nitrogen Oxide Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Membrane Filter
- Catalyst Filled Cartridge
- Others
- By Application:
- Car Emission Management
- Environment Protection
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nitrogen Oxide Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A nitrogen oxide converter is a device that converts nitrogen oxides (NOx) into less harmful gases. Nitrogen oxides are produced when vehicles burn fuel, and can cause respiratory problems in people who are exposed to them.
Some of the major companies in the nitrogen oxide converter market are ABB, M&C TechGroup, B¼hler Technologies, JCT Analysentechnik GmbH, Ankersmid Sampling, Fuji Electric, Signal Group, Bont Technologies, Yokogawa, Axis, SEAH Hightech.
The nitrogen oxide converter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nitrogen Oxide Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nitrogen Oxide Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nitrogen Oxide Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nitrogen Oxide Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nitrogen Oxide Converter Market Size & Forecast, 2020-2028
4.5.1 Nitrogen Oxide Converter Market Size and Y-o-Y Growth
4.5.2 Nitrogen Oxide Converter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Membrane Filter
5.2.2 Catalyst Filled Cartridge
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Car Emission Management
6.2.2 Environment Protection
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nitrogen Oxide Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nitrogen Oxide Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Membrane Filter
9.6.2 Catalyst Filled Cartridge
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Car Emission Management
9.10.2 Environment Protection
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Membrane Filter
10.6.2 Catalyst Filled Cartridge
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Car Emission Management
10.10.2 Environment Protection
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Membrane Filter
11.6.2 Catalyst Filled Cartridge
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Car Emission Management
11.10.2 Environment Protection
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Membrane Filter
12.6.2 Catalyst Filled Cartridge
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Car Emission Management
12.10.2 Environment Protection
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Membrane Filter
13.6.2 Catalyst Filled Cartridge
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Car Emission Management
13.10.2 Environment Protection
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nitrogen Oxide Converter Market: Competitive Dashboard
14.2 Global Nitrogen Oxide Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 M&C TechGroup
14.3.3 Bühler Technologies
14.3.4 JCT Analysentechnik GmbH
14.3.5 Ankersmid Sampling
14.3.6 Fuji Electric
14.3.7 Signal Group
14.3.8 Bont Technologies
14.3.9 Yokogawa
14.3.10 Axis
14.3.11 SEAH Hightech
