Title: Wild Swings in the NOx Control Market

China is winding up an SCR retrofit program for coal-fired boilers which, in some recent years, generated SCR system purchases of over $7 billion. As a result of the disappearance of a big retrofit market, the investment in new SCR systems will hover at under $8 billion/yr. over the next few years. Coal-fired generators will still represent the largest purchasing segment followed by gas turbines.  The markets for NOx control for reciprocating engine and industrial segments will be growing, but is relatively small by comparison.  The sales of catalyst have also been volatile due to the large initial need in the Chinese plants.  In fact, the peak in 2014 will not be surpassed until 2021. The one market showing steady increase is reagents.  The market for urea and ammonia will exceed $3 billion in 2017 and rise to over $3.4 billion in 2021. There are some variables which need to be considered in making long-range forecasts:

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Company  Product  Process  Other  Subjects  Event  Event  Date  Location  Publication  Publication  Date Text  Descriptor
  • McIlvaine

  • NOx Emissions Reduction

 

  • Market

 

 

 

 

  • 11/30/2016

 

  • News Release