Selective Catalytic Reduction (SCR) Market Research Report Information by Application (diesel powered vehicles and gasoline powered vehicles), Vehicle Type (passenger vehicle and commercial vehicle), Region (Tracking and Optimization), and by Regions - Global Forecast To 2032

Selective Catalytic Reduction Market Scenario:

The Selective Catalytic Reduction (SCR) Market is projected to grow from USD 13.5 Billion in 2021 to USD 23.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) 5.8% during the forecast period (2023 - 2032).

Selective catalytic reduction basically controls the emission of nitrous oxide by adding automotive grade urea into the exhausts which results in conversion of nitrogen oxides into carbon di oxide, nitrogen and water. Selective Catalytic Reduction (SCR) has witnessed tremendous growth off late mainly due to the favorable government policies across the globe trying to curb vehicle emission. Alarming growth in health hazards caused due to vehicular emission have resulted in growing awareness among individuals contributing towards the growth of the selective catalytic reduction (scr) market. With diesel engines contributing a major part of the vehicle emission, application of selective catalytic reduction in diesel vehicles has propelled in recent times.  Many major manufacturers in the automotive industry are paying head towards the growing demand for higher fuel efficiency in vehicles as a result of which selective catalytic reduction market has registered high growth rate off late.  Latest trends in the market include the growing prominence of single module aftermarket treatment device which is designed to meet higher fuel efficiency and greenhouse gas standards across the globe.

High cost associated with the selective catalytic reduction is expected to act as a major restraint for the market

The global selective catalytic reduction market has been segmented on the basis of application as diesel powered vehicles and gasoline powered vehicles. On the basis of vehicle type the market has been segmented as passenger vehicle and commercial vehicle. On the basis of region the market has been segmented as North America, Europe, Asia-Pacific, Middle East & Africa and South America. 

Regional Analysis:

The Asia-Pacific region is expected to provide lucrative opportunities to layers in the Selective Catalytic Reduction (SCR) system market. Stringent government regulations combined with improving transportation facilities and infrastructure are expected to aid the growth of the Selective Catalytic Reduction (SCR) system market in this region. With government authorities in countries such as India and China encouraging original equipment manufacturers to implement such systems in vehicles mainly to enhance fuel efficiency and curb emissions, the market for Selective Catalytic Reduction (SCR) is expected to thrive in this region. Growing vehicle production and demand in the Asia-Pacific region is also expected to push the demand in the selective catalytic reduction market. Increasing investment in the automotive sector combined with massive overhaul of the infrastructure are other major factors driving the market in this region.

Other regions such as North America and Europe are also poised for rapid growth. Existence of sophisticated technology and major manufacturers in this region provides solid groundwork for the Selective Catalytic Reduction (SCR) firms in this region. Established automotive industry also aids the growth of the market in these regions mainly due to the availability of sophisticated infrastructure for the major market layers to build up on.

Key Players:

The key players of global Selective Catalytic Reduction (SCR) market are Faurecia SA (France), Tenneco, Inc. (U.S.), Eberspacher Group (Germany), Benteler International AG (Germany), and Magneti Marelli S.p.A. (Italy), Amminex Emissions Technology (Denmark), Toyota Motor Corporation (Japan), and SDC Materials (U.S.)

Industry Development: 

April 2024: With the acquisition of the biggest ever methanol newbuild contract in China's marine industry, Wartsila Technology Group has achieved unparalleled success.

The ship will be furnished with Selective Catalytic Reduction (SCR) exhaust cleaning systems and alternators that will be provided by CWEC, which is a joint venture company owned by Wartsila.

The order calls for the delivery of auxiliary engines that are powered by methanol to a total of twelve container ships. Five of these engines will be supplied to COSCO shipping lines, while seven will be supplied to Orient Overseas Container Line.

Each vessel will be propelled by a mix of three Wartsila 35 Engines with eight cylinders and two Wartsila 35 Engines with six cylinders.

The adoption of methanol-fueled boats by the Chinese maritime sector has reached a significant turning point, which is represented by this sizable order that was acquired by Wartsila in December of 2023.

With the acquisition of type approval certificates from a number of classification organizations all around the globe, the Wartsila 35 M methanol-fueled engine has shown that it is potentially suitable for use in maritime applications.

The use of methanol as an alternative to heavy fuel oil has been shown to have positive effects on the environment, including a reduction in emissions of carbon dioxide and other greenhouse gases, according to studies.

Furthermore, green methanol that is derived from renewable sources has the potential to achieve even larger reductions in carbon footprint, which puts it in a position to be an important decarbonization option for the marine industry's future.

The COSCO Shipping Line's boats will be constructed in the Dalian COSCO KHI Ship Engineering Yard, while the vessels of the Orient Overseas Container Line will be constructed at the Nantong COSCO KHI Ship Engineering Yard.

It is anticipated that commercial operations for these boats will start in the year 2026, which will be a significant step toward completely eliminating emissions from shipping.

Market Segmentation:

Intended Audience:

• Distributer & Supplier companies


• End Users


• Consultants and Investment bankers


• Government as well as Independent Regulatory Authorities

Product Analysis:

• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information:

• Regulatory Landscape


• Pricing Analysis


• Macroeconomic Indicators

Geographic Analysis:

• Geographical analysis across 15 countries

Company Information:

• Profiling of 10 key market players


• In-depth analysis including SWOT analysis, and strategy information of related to report title


• Competitive landscape including emerging trends adopted by major companies

The report for Global Selective Catalytic Reduction (SCR) Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.