Emission Control Catalysts Market: Is Estimated To Rise In The Near Future 2014 - 2020
With the advent of emission regulation policies, such as the Euro standards in Europe, National Ambient Air Quality Standards in the USA and Bharat Stage emission standards in India, there has been a revolution in the production of emission control equipments, specifically catalyst based. Catalysts are used in gasoline or diesel based internal combustion engines. At the onset of the environmental emission regulations, catalysts were only made compulsory for automobiles but with the progress in technology and extent of emissions from production facilities across the world, catalysts were considered necessary for industrial and power plants as well. Emissions occurring from automobiles, heavy duty equipments and industrial plants, besides containing carbon dioxide, also possess certain other compounds, such as carbon monoxide, nitrous oxides and unburnt or partially burnt fuels, which are extremely hazardous for the environment. The regulations have been put in place to curb the em...