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Global Clean Coal Technology market will reach 7050 million US$ by the end of 2025
Global Clean Coal Technology market will reach 7050 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2018/11/13
Global Clean Coal Technology Market Research Report 2018 studies the Clean Coal Technology market. Clean coal technology is a collection of technologies being developed to attempt to help lessen the environmental impact of coal energy generation and to mitigate worldwide climate change. When coal is used as a fuel source, the gaseous emissions generated by the thermal decomposition of the coal include sulfur dioxide (SO2), nitrogen oxides (NOx), mercury, and other chemical byproducts that vary depending on the type of the coal being used. These emissions have been established to have a negative impact on the environment and human health, contributing to acid rain, lung cancer and cardiovascular disease. As a result, clean coal technologies are being developed to remove or reduce pollutant emissions to the atmosphere.
Clean Coal Technology is mainly classified into the following types: Combustion Technology, Gasification Technology and Enabling Technology. Combustion Technology is the most widely used type which takes up about 60.67 % of the total in 2016 in Global
Asia Pacific is expected to be one of the key markets to invest heavily in global clean coal technology market. The implementation of clean coal technology in Asia Pacific has been driven by highly polluted countries such as China and India which are investing in global clean coal technology market to improve plant efficiency and reduce fuel cost. Europe and North America are also heavily reliant on clean coal technology and are expected to register a steady CAGR during the forecast period.
Alstom Power, Siemens AG, General Electric, KBR, Shell, ICCT, etc. are the key suppliers in global market, which have leading technology and market position.
The global Clean Coal Technology market is valued at 5970 million US$ in 2017 and will reach 7050 million US$ by the end of 2025, growing at a CAGR of 2.1% during 2018-2025.
This article was first released by QYResearch, if reproduced, please indicate the source.
- Posted on: 2018-11-12 22:17:44
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- Item ID: 14991604