Global SCR Systems for Coal-fired Plants Market 2014-2018: Key Vendors are Alstom, BABCOCK NOELL, BABCOCK & WILCOX, FLSMIDTH and Mitsubishi Heavy Industries

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Oct 17, 2014, 09:59 ET

DUBLIN, October 17, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/l7hd7h/global_scr) has announced the addition of the "Global SCR Systems for Coal-fired Plants Market 2014-2018" report to their offering.
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The Selective Catalytic Reduction (SCR) system injects ammonia into the boiler flue gas and passes it through a catalyst bed where the ammonia and nitrogen oxide gas (NOx) react to form nitrogen and water vapor. In this process, the NOx reduction takes place as the flue gas passes through a catalyst chamber.

Selective catalytic reduction is a post-combustion technology used in coal burning applications to reduce NOx emissions. SCR systems ultimately reduce flue gas NOx to N2 and H2O. This technology is the most efficient method of reducing NOx emissions in the coal fired power plants where in efficiencies of about 70 to 90 percent are required.

The analysts forecast the Global Selective Catalytic Reduction Systems for Coal Fired Plants market to grow at a CAGR of 8.4 percent over the period 2013-2018.

The report, Global Selective Catalytic Reduction Systems for Coal Fired Plants Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Selective Catalytic Reduction Systems for Coal Fired Plants market forecast and its growth prospects in the coming years.

The report also includes technology overview along with the geographical segmentation of the Global Selective Catalytic Reduction Systems for Coal Fired Plants market. The report also includes a discussion of the key vendors operating in this market.

One key trend emerging in this market is rapid technological advancements in the SCR system. Nowadays, many industries are trying to develop catalysts that can address two pollutants in addition to NOx emissions.

According to the report, one of the major drivers in this market is increased environmental changes and global pollution. With increasing emissions from coal-fired power plants, there is an urgent need for emission-free industries and power plants as fears over climate change and global pollution increase.

Further, the report states that one of the major challenges in this market is the high maintenance cost of SCR units. The maintenance cost of the SCR system is quite high and requires well-trained personnel. Along with this, the high cost of catalysts adds to the total cost of the SCR system, rendering it unfeasible for smaller power utilities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Geographical Segmentation

08. Key Leading Countries

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series

Companies Mentioned: