Increasing demand for electricity
coupled with the stringent government regulations against emission of
toxic gases in the atmosphere can have direct implications on the market
for SCR (Selective Catalytic Reduction) systems used in coal fired
plants. Moreover, the concerns related to energy security leading to
installation of new coal fired power plants can also affect the demand
for SCR systems in the near future. Due its low cost and easy
availability coal is the most common source of fuel for power plants.
However, the combustion of coal at higher temperature in the coal fired
power plants releases oxides of nitrogen (NOX). The SCR systems convert
the toxic oxides of nitrogen (NOX) into harmless nitrogen (N2) and water
(H2O). The supportive government policies providing benefits in terms
of incentives and tax benefits are likely to propel the use of SCR
systems in the coal fired power plants.
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The segmentation of the market for SCR
systems used in coal fired power plants can be done on the basis of
configuration and geography. On the basis of configuration the SCR
systems can be classified into high dust SCR systems and tail end SCR
systems. High dust SCR systems are the most common type of (NOX)
reducing systems used in power plants and CHP applications (Combined
Heat and Power). The tail end SCR systems are more compact in design and
are mainly used as a means of reducing NOX in glass furnaces and waste
incineration systems.
The SCR system reduces the NOX with
the help of catalysts such as titanium oxide, zeolites, base metal
catalysts and precious metals. Besides, the catalysts the SCR
application also makes use of several reductants such as urea and
anhydrous ammonia. In a power plant the SCR Unit is installed in between
the air heater and the furnace economizer. A reductant such as ammonia
is injected into the catalytic chamber with the help of ammonia
injection grid.
The regional segmentation of the
market for the SCR systems used in coal fired power plants can be done
by indentifying the major countries that are engaged in the electricity
production using coal fired power plants. The major countries include
the United States, Mexico and Canada in North America. The Asia Pacific
segment includes the countries such as India, China, Indonesia and
Japan. Currently, India and China depends upon their local coal reserves
as well as on the import from countries such as South Africa, Indonesia
and Australia to fire their thermal power plants. The European
countries region includes countries such as Russia, Ukraine, Germany and
Poland. RoW (Rest of the World) segment of the market for SCR used in
coal fired power plants includes the Middle East and African countries.
Increasing energy demand, stringent
regulations against the emission of toxic gases, advancement in
technologies and cheaper prices of coal as compared to oil and gas are
the major drivers to the market for SCR systems used in coal fired power
plants. Additional cost involved in installation of SCR systems and
presence of alternative fuels are the major restraints to the market for
SCR systems. Increasing industrialization leading to rise in power
demand from the countries such as India, China and Brazil can act as the
opportunities for the market of SCR systems used in the coal fired
power plants.
Some of the key players in this market
include companies such as ALSTOM, Duke Energy Corporation, Johnson
Matthey and Cormetech, Inc.
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This research report analyzes this
market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing
market players and new entrants along with detailed value chain
analysis.
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