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2019 Market for FGD Components and Consumables will Remain Flat
Source: The McIlvaine Company
The market for FGD components, repairs, and consumables will grow modestly to $20 billion in 2019. However, there are major changes in the rankings and shares of purchasers. The market will be dominated by relatively few end users and suppliers according to the latest forecast in N027 FGD Market and Strategies. The merger of Shenhua and Guodian results in one operator with more FGD capacity than all of Europe and nearly as much as the U.S.
The Trump administration’s program to bring back coal is having a negative effect on the market. Existing coal plants which would have had to increase FGD expenditures will not have to do so. No new coal plants are likely to be built as a result of the regulations. Companies such as BHE continue to move away from coal. As long as natural gas is inexpensive there is no financial incentive to increase coal capacity.
One technology development is the first dry scrubber installation for NTPC. This alternative decreases capital costs but increases consumables cost. This is because lime is more expensive than limestone. For more information click on N027 FGD Market and Strategies.
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