Diesel Exhaust Aftertreatment Market - Future Breakout Movement

An earlier post (Diesel Emission Device Companies BUY BUY BUY) on this blog mentioned the prospect that the diesel emission reduction sector of the market was ready breakout movement. I still believe this notion. Companies that developed and sold Three-Way catalytic converters to the automotive industries in the 1970's literally exploded onto the exhaust after treatment scene. Take for example, the Englehard Corporation (now a subsidiary of BASF). Englehard pioneered the development of the first catalytic converter for the automobile. This company invented the most important environmental pollution control device ever.

 

As of 2007, all new on-road diesel engines must meet EPA's 2007 emission standard. For the past year and a half oxidation catalysts and diesel particulates filters have been installed on all new diesel engines to comply with the new standards. A diesel particulate filters can cost close to $10,000.00. I can only imagine the amount of money that will be spent on the purchase of particulate filters for new on-road diesel engines. Beginning in 2011, all diesel non-road engines will be required to meet the same emission standards as their on-road cousins. Include construction and farming engines along with the on-road  diesel engines and the demand for diesel exhaust after treatment devices grows even more. Finally, in 2011, both on-road and off-road engines will also be required to limit NOx from the exhaust stream. Two methods are being considered to remove NOx from diesel exhaust; 1. NOX Traps and 2. Selective Catalytic Reduction (SCR).

 

All four of the devices, diesel oxidation catalysts, diesel particulate filters, NOx traps and SCR should not be overlooked in the environmental pollution control industry. One or all of these companies that develop, manufacture and sell these devices for diesel engines will soon be the Englehard of the 1970's.