The accelerated program to retrofit coal-fired boilers in China will boost the world market for replacement catalyst to over $1 billion/yr by 2017. This is the latest forecast in NOx Control World Markets published by the McIlvaine Company. China announced plans to retrofit 400,000 MW of existing coal-fired boilers with SCR in 2012. All new plants include SCR. The retrofit program has taken place much faster than anticipated. Since catalyst replacement takes place at intervals from 3-5 years, the accelerated program impacts replacement catalyst sales in 2017. The program caused a huge peak in world SCR system orders in 2013-14 and will cause a big peak in catalyst replacement orders in 2016-17. There are several variables which will impact the size of the catalyst market: Click Here For Complete News Release Text
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