About Clean Coal Technology
Coal is and will remain the world’s most abundant and extensively distributed fossil fuel. Burning coal can pollute and it produces carbon dioxide. Clean coal technologies address the problem of pollution. The widespread deployment of pollution-control equipment to reduce sulphur dioxide, NOx and dust emissions from industry. Sulphur dioxide is a major reason of acid rain and therefore it is imperative that it is removed from the coal during the processes used in clean coal technology. The method of desulphurisation of coal usually requires mixing the coal with limestone; crushed coal is mixed with limestone and air is then injected during the combustion process. Clean coal technologies comprise of carbon capture & storage, flue-gas desulfurization, integrated gasification combined cycle, low nitrogen oxide burners and selective catalytic reduction.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.6% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Clean Coal Technology market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Babcock & Wilcox (United States), Mitsubishi Heavy Industries, Ltd. (Japan), Shanghai Electric (China), NewStream Energy Technologies Group, Inc. (United States), Peabody (United States), Coal India (India), Anglo-American (United Kingdom), Shell (Netherlands), ExxonMobil (United States), Siemens (Germany), LanzaTech (New Zealand) and Accelergy (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cortus AB (Sweden), GreatPoint Energy (United States) and InTherSoft (Poland).
Segmentation Overview
AMA Research has segmented the market of Global Clean Coal Technology market by Type (Carbon Capture and Storage (CCS), Supercritical and Ultra-Supercritical Steam Cycle, Circulating Fluidized bed combustion (CFBC) and Integrated Gasification Combined Cycle (IGCC)), Application (Natural Gas Plants, Coal Fired Plants, Biomass Energy Facilities, Fossil Fuel-Based Hydrogen Production Plants, Synthetic Fuel Plants, Cement, Oil Refining and Others) and Region.
On the basis of geography, the market of Clean Coal Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Precombustion will boost the Clean Coal Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in the Field of Energy and Power and Rising Awareness Regarding the Benefits of Implementing Clean Coal Technologies
Market Growth Drivers:
Growing Need for Clean Energy and Growing Demand for Eco-Friendly Power Generation Technology
Challenges:
Water wall tube Failures while using Fluidized Bed Combustion (FBC) Technology and Air Pre Heater Tubes Choke Up Due to Accumulation of Bed Material in the Combustor
Restraints:
Advanced Materials are required for Ultra Supercritical / Supercritical Technologies and High Installation Cost of Clean Coal Technology
Opportunities:
Innovation for Reducing Nitrogen Oxide and Sulfur Dioxide Emissions and Increasing Investment on Industrialization in Developing Countries
Market Leaders and their expansionary development strategies
In December 2022, China's Huaneng Group and Shenhua Group signed an agreement to jointly develop and commercialize CCS technologies.
In April 2023, US-based Clean Coal Technologies, Inc. announced the completion of business merger with NewStream Energy Technologies Group Inc. to expand into new clean technologies. NewStream is an energy technology company. that owns and has global licenses for energy generation technologies for carbon capture.
EU Emission Regulation on Coal-fired Power Plants: Integrated Pollution Prevention and control Directive 2008/01/EC-codified version of 96/61/EC aiming at a high level of protection for environmental as a whole.
Key Target Audience
Manufacturers of Clean Coal Technology, Equipment Suppliers of Clean Coal Technology, Wholesalers, distributers and retailers of Clean Coal Technology, Service Providers, Research Firms and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.