NEWS RELEASE NOVEMBER 2013
Air Pollution Control Supplier Revenues to Exceed $44 Billion In 2014
Suppliers of stationary air pollution control equipment and systems will generate revenues in excess of $44 billion in 2014. This is the latest forecast in Air Pollution Management published by McIlvaine Company.
Air Pollution Control Revenues ($ Millions)
World Region |
2014 |
Total |
44,014 |
Africa |
1,072 |
CIS |
1,427 |
East Asia |
20,321 |
Eastern Europe |
1,098 |
Middle East |
1,100 |
NAFTA |
8,463 |
South & Central America |
1,627 |
West Asia |
3,807 |
Western Europe |
5,099 |
Nearly half the total revenues will be generated in East Asia. NAFTA will be the second largest regional purchaser. Western Europe is spending a minimal amount on air pollution control for coal-fired boilers due to its push toward renewable.
Power is the leading purchasing sector. There is a huge program to address the stack gases emitted by utility coal-fired power plants in China. There are new regulations for hundreds of thousands of industrial boilers.
FGD has ranked first in terms of revenues for a technology. However, the decision to retrofit 400,000 MW of selective catalytic reduction systems (SCR) for NOx control in Chinese power plants will raise the revenue levels to greater than that for FGD next year.
Cement has been the biggest market for fabric filters. However, the new regulations impacting utility and industrial boilers in both China and the U.S. promise to make these two sectors the top revenue opportunities in the next five years.
The market for electrostatic precipitators (ESPs) remains large, but fabric filters are carving out a market share. Thermal treatment systems including regenerative thermal oxidizers are being applied to new markets beyond the conventional VOCs. Coal bed methane and a number of applications in gas extraction present very large opportunities.
For more information on Air Pollution Management, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/100-5ab