Suppliers of stationary air pollution control equipment and systems will generate revenues in excess of $44 billion in 2014, according to the report Air Pollution Management by McIlvaine Company.

Air Pollution Control Revenues

($ Millions)

 

World Region

2014

Total

44,014

Africa

 1,072

CIS

 1,427

East Asia

 20,321

Eastern Europe

 1,098

Middle East

 1,100

NAFTA

 8,463

South & Central America

 1,627

West Asia

 3,807

Western Europe

 5,099

 

 

The report says that nearly half the total revenues will be generated in East Asia, with NAFTA expected to be the second largest regional purchaser, while Western Europe is spending a minimal amount on air pollution control for coal-fired boilers due to its push toward renewable.

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Power is the leading purchasing sector, the report says, driven by a huge program to address the stack gases emitted by utility coal-fired power plants in China and new regulations for hundreds of thousands of industrial boilers.

FGD (flue gas desulfurization) has typically ranked first in terms of revenues for a technology in the pollution control category. However, the report says that the decision to retrofit 400,000 MW of selective catalytic reduction systems (SCR) for NOx control in Chinese power plants will raise the revenue levels to greater than that for FGD in 2014.

Cement has been the biggest market for fabric filters. However, new regulations impacting utility and industrial boilers in both China and the U.S. promise to make these two sectors the top revenue opportunities in the next five years, the report says.

The market for electrostatic precipitators (ESPs) remains large, but fabric filters are carving out a market share. Thermal treatment systems, including regenerative thermal oxidizers, are being applied to new markets beyond the conventional VOCs.

The report says that coal bed methane and a number of applications in gas extraction present very large opportunities as well.