NEWS RELEASE MARCH 2014
China Will Spend $34 Billion/Yr for Air Pollution Control
Over the next decade, China will spend $34 billion/yr. for new air pollution control equipment and systems. This is the conclusion reached by the McIlvaine Company in Air Pollution Management and several more specific market reports.
Particulate control will require an annual investment of $11 billion. The biggest single purchasing segment will be coal-fired power plant operators. There are tough new particulate regulations which existing precipitators cannot meet. Cement plants, steel mills and the chemical industry will also be big purchasers of fabric filters and precipitators.
The DeNOx market will be greater than $10 billion/yr in the first five years and lower in the subsequent five years. In the current five year plan, selective catalytic reduction (SCR) will be added to 450,000 MW of existing power plants and 250,000 MW of new power plants. There will be FGD systems on each new power plant plus 100,000 MW of upgrades in just the next five years.
Acid gases from waste-to-energy plants, smelters, refineries and the chemical industry will be addressed primarily with scrubbers and adsorbers. Oil and gas extraction is another big market for acid gas removal.
China has not kept up with more developed countries in the removal of organics. These compounds are partially responsible for the substantial smog problems in Beijing and other areas. Catalytic and regenerative thermal incineration will be widely applied in the coming decade. Odor control at sewage treatment and food plants will be increasingly applied due to citizen complaints.
For more information on:
Air Pollution Management, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/100-5ab
World Fabric Filter and Element Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/110-n021
Scrubber/Adsorber/Biofilter World Markets, click on: http://home.mcilvainecompany.com/index.php/services-drop-down
Electrostatic Precipitator World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/111-n018
FGD Markets and Strategies, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/107-n027
NOx Control World Markets, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/104-n035
Chinese Utility Plans, click on: http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/88-42eic