The sales of reagent for stationary NOx control in 2017 will exceed $3 billion. This does not include sales of AdBlue for mobile NOx control which are growing rapidly. The SCR catalyst market will also be down to just under $1.6 billion from a peak two years ago of $1.8 billion. The reason is that there was a surge of orders for new SCR in China which peaked in 2014. It is 3-5 years before this catalyst is replaced. However, the good news for catalyst suppliers is that there are a lot more power plants using SCR than there were a few years ago. The bad news is that with the large number of catalyst manufacturing plants built in China, the world capacity is also way up. Click Here For Complete News Release Text
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