Market Research Report
Europe Emission Control Technologies Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||883620|
|Published||Content info||74 Pages
Delivery time: 2-3 business days
|Europe Emission Control Technologies Market Forecast 2019-2027|
|Published: July 8, 2019||Content info: 74 Pages||
Technologies that control the emission of dangerous greenhouse gases due to the internal combustion in engine and other components are called emission control technologies. The Europe emission control technologies market is expected to rise with a CAGR of 7.53% during the forecast period 2019-2027. The market has been valued at $XX million in the year 2018 and is expected to rise to a revenue of about $XX million by the year 2027.
The economies of United Kingdom, France, Germany, Italy, Spain, Russia and the Rest of Europe are the major contributors to the market growth. In 2018, majority of market share was captured by Germany in the emission control technologies market by Europe. Germany contributed XX% of European market in 2018 & is estimated to contribute a share of XX% in 2027.
European Union has been taking measures to save Europe from the pollution caused due to higher carbon emissions. The group of countries have decided to collectively put efforts for this program. European countries have developed concept of Low Emission Zone (LEZ), which are regulated by the lower emission traffic moving through the area. Similarly, the companies operating in these regions have to follow stringent regulations for carbon emissions. These initiatives are developing the market for this market in Europe.
The companies operating in the market are Aerinox, BASF, Clean Diesel Technologies, Clariant AG, Cormetec, Corning Incorporated, DCL International Inc., Johnson Matthey, Tenneco Inc., UMIcore, Babcock & Wilcox Enterprises, Ceco Environmental, Hamon, Thermax Ltd., and General Electric Company.