NR2313

NEWS RELEASE                                                                                        JANUARY 2017

NOx Control Market Opportunity is $38 Billion Per Year

Suppliers of NOx reduction products and services have an opportunity to generate sales of more than $38 billion per year. No one technology provides a complete solution.  Minimizing the generation of NOx needs to be combined in a series of reduction steps.  New technologies are providing opportunities for greater NOx reduction at modest cost. McIlvaine recently conducted 9 hours of webinars for one utility which resulted in a NOx control path which was more cost effective than the conventional approach.

The knowledge regarding marrying these technologies for optimum NOx control is particularly well suited to India where a big NOx control program has been initiated. Operators of the existing 187,000 MW of plants will have to spend $8 billion to meet standards for existing units.  Small units built prior to 2003 are tasked with reductions as low as 15 percent. Units larger than 500 MW will have to make NOx reductions of 50 percent or more.  New units built after 2015 will need to remove 85 percent of the NOx at an annual investment of $1.5 billion.  Full scale SCR (or catalytic filtration) will be needed for the new units but unique combinations of technologies will be the best option for the older units.

The world market opportunity combines the revenues for existing NOx control systems as well as for new plants.

Annual NOx Control Market for Utilities and Industrial Plants 2017- 2022
Segment $ Millions/yr.
Coal-fired power
     New SCR systems 8,000
     Balance of plant investments (e.g.) fan upgrades 5,000
     Replacement catalyst and reagents 4,800
Subtotal 17,800
Potential O&M with remote monitoring 12,000
Coal-fired power total 29,800
Gas turbine and industrial total 9,000
Total all industries 38,800 

Important factors shaping the market are:

  • Continuing concern over smog in large cities around the world
  • Retrofit of coal-fired boilers in Asia
  • Large inventory of SCR systems in developed countries
  • CHP and distributed generation
  • Technology developments:
    • Combustion optimization software
    • Improved instrumentation for in furnace measurements
    • Remote monitoring
    • Third party O&M capability
    • New chemicals for reduction and oxidation
    • Catalytic filtration
    • Greenhouse CO2 fertilization with gas engines

Since NOx control requires application of multiple technologies working together it is desirable to utilize monitoring systems which measure parameters starting with the amount of fuel being consumed, the performance of each burner, the quantities of chemicals and the measurement of NOx, O2, CO, and CO2 at various process points.  Remote monitoring allows access and advice by experts. This then leads to the opportunity for third party O&M.   Presently, this services is very common for rotating parts such as turbines.  It is being used for electrostatic precipitator operations.  NOx control offers another segment where third party O&M will be cost effective.  It is a $12 billion /yr. opportunity.

For more information click on N035 NOx Control World Market