Wednesday, 23 November 2016

Global Selective Catalytic Reduction Market For Diesel Commercial Vehicles 2016-2020


Technavio Announces the Publication of its Research Report Global Selective Catalytic Reduction Market For Diesel Commercial Vehicles 2016-2020

Technavio recognizes the following companies as the key players in the global selective catalytic reduction market for diesel commercial vehicles: Tenneco, Faurecia, Bekaert, Corning, and Katcon. 

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is emergence of single module aftertreatment device. Cummins has launched an aftertreatment system that combines SCR, diesel oxidizing catalyst, and diesel particulate filter (DPF) into a single module called single module aftertreatment. The system will meet fuel-efficiency and greenhouse gas standards for EPA 2017. The system claims to have more ash holding capabilities since it is a combination of DPF and SCR, eliminating the use of EGR. Compared to their earlier versions, this would subsequently lessen the complexity of the engines.”

According to the report, one of the primary drivers in the market is government regulations on vehicular emission levels. Government bodies across the world are formulating various vehicular emission norms to check particulate vehicle emissions due to the alarming rise of health hazards caused due to vehicular pollution. Euro emission standards formulated by the European government, Corporate Average Fuel Economy (CAFÉ) standards formulated by the US government, and the Japanese new long-term emission standards all define the acceptable limits of vehicular emission with the focus to regulate pollutants released from automobiles.


Further, the report states that one major challenge in the market is effective infrastructure for distribution of urea solution to SCR installed trucks. SCR technology controls NOx levels by using automotive grade urea as a reducing agent. Automotive grade urea is the source of the liquid-reductant agent injected by SCR in the exhaust stream of diesel engines. The injection of urea into the exhaust system of vehicles sets off a chemical reaction that converts nitrogen oxides into water, nitrogen, and carbon dioxide. The exhaust gas is then expelled through the tailpipe. 

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

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About Selective Catalytic Reduction

SCR is used for controlling the emission levels of Nitrogen oxide from diesel engines. These are fitted in the exhaust system of the vehicles. SCR is a system that converts nitrogen oxides into nitrogen, carbon dioxide, and water. The system uses diesel exhaust fluid (DEF), which is essentially a liquid reductant agent that is injected into the exhaust stream of a diesel engine. DEF basically constitutes of automotive grade urea containing synthetic ammonia and carbon dioxide.

Technavio’s analysts forecast the global selective catalytic reduction market for diesel commercial vehicles to grow at a CAGR of 9.41% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global selective catalytic reduction market for diesel commercial vehicles for 2016-2020. To calculate the market size, the report calculates the market size, the report considers the global sales volume of commercial vehicles equipped with SCR at present and future.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Selective Catalytic Reduction Market For Diesel Commercial Vehicles 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Tenneco
• Faurecia
• Bekaert
• Corning
• Katcon

Market driver 
• Penetration of diesel engines in heavy, medium, and light commercial vehicles.
• For a full, detailed list, view our report 

Market challenge 
• Alternative for SCR in countries with less stringent emission norms.
• For a full, detailed list, view our report 

Market trend 
• Emergence of single module aftertreatment devices.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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