Air Pollution Control for Coal-Fired Power Plants
November 27, 2012
Wellesley, Mass. – According to a new technical market research report, AIR POLLUTION CONTROL FOR COAL-FIRED POWER PLANTS (EGY030C), from BCC Research (www.bccresearch.com), the U.S. market for air pollution control technologies for coal-fired power plants should reach nearly $3.9 billion in 2012. Total market value is expected to reach nearly $4.4 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 2.5%.
The market for air pollution control technologies can be broken down into three major segments: scrubbers, NOx controls, and particulate and mercury controls.
Scrubbers are expected to have a value of nearly $1.8 billion in 2012 and nearly $2 billion in 2017, a CAGR of 2.5%.
As a segment, NOx controls should total $1.2 billion in 2012 and nearly $1.4 billion in 2017, a CAGR of 2.5%.
Particulate and mercury controls are expected to total $915 million in 2012 and $1 billion in 2017, a CAGR of 2.5%.
In the almost four years since the last BCC Research report on this subject, the political and economic situation in the United States has remained uncertain. The economic situation is better than it was in 2008 and 2009, but is still struggling with recovery from the “Great Recession.” Economic growth remains weak and unemployment remains high
Two factors of change affect the market for air pollution controls for coal-fired power plants. The first is economics and politics. The other is the declining position of coal as the dominant energy source in the United States. In BCC’s last update, coal was the fossil fuel that supplied more than half the total electricity generated in the United States. Today, with the surge in natural gas drilling with hydraulic fracturing of tight gas shales, there is a glut of natural gas with prices plummeting to the lowest levels in years. Power plant operators are closing coal-fired plants and switching others to natural gas. Coal now supplies less than 40% of the nation’s electricity.
There are still significant U.S. markets for air pollution controls for coal-fired power plants, even in these uncertain times, since power companies still add and upgrade these systems. The dominant position of the United States as the largest single market has probably been lost to Asian countries, especially China and India, but there remains a multibillion-dollar market in the United States.
This report will help its readers:
- Forecast the market for air pollution control technologies in terms of dollar and unit sales
- Classify the market size for air pollution control technologies by geographical region in terms of dollar and unit sales
- Highlight the roles played by major stakeholders and players
- Provide an overview of the activities of influential companies.
This report will be valuable to many industry participants, including the following:
- Air pollution control technology manufacturers
- Air pollution regulation specialists
- End users and distributors
- Academic and research institutions
- Financial institutions.
Air Pollution Control for Coal-Fired Power Plants( EGY030C )
Publish Date: Jan 2013
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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