- WEB EXCLUSIVE
- PE COFFEEHAUS
Among the report's conclusions was a striking assessment of the power of foreign markets for the air industry; according to the company's press release, the Asian market will account for a majority of the money spent in the industry next year.
That press release also included a chart, reproduced below, that breaks down the market by technology and how much of that business will be sucked up by the world's largest continent:
2011 World Air Pollution Control Market ($ Billions)
|Product Type||Asia||World||% Asia|
|Scrubber/adsorber (non power)||$2.9||$6.2||$47.0|
The report also notes that "[c]oal-fired power plants account for more air pollution control purchases than the other industries combined." The coal power industry, led by Chinese purchasing, will spend more ($7.1 billion) on desulfurization that other industries will spend combined ($6.2 billion), on scrubbers, adsorbers and biofilters. China is expected to purchase the most electrostatic precipitators, and Japan is predicted to lead the world in FGD systems and NOx controls. The U.S. and Europe are still on top in fabric filters and oxidizers.
The report is purchasable from the company's website.
SOURCE: Company press release