Selective Catalytic Reduction Market Analysis, Development [2028], Key Terms
According to TechSci Research report, “ Selective Catalytic Reduction (SCR) Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Selective Catalytic Reduction (SCR) Market stood at USD 17.42 Billion in 2022 and is anticipated to grow with a CAGR of 6.74% in the forecast period, 2024-2028. The Global Selective Catalytic Reduction (SCR) Market is experiencing robust growth, driven by the imperative to address escalating concerns about air pollution and meet stringent emission standards. SCR technology serves as a key solution for reducing nitrogen oxides (NOx) emissions, a major contributor to environmental pollution and respiratory issues. The market spans diverse applications, primarily in the automotive and industrial sectors, and is characterized by the integration of SCR systems into exhaust after-treatment systems. In the automotive sector, SCR technology is widely deployed to curb NOx emissions fro...