The Asia Pacific clean coal technologies market is currently witnessing moderate growth. Clean coal technologies (CCTs) are utilized to minimize the adverse effects of coal combustion on the environment. They mitigate air pollution from coal power stations, thereby reducing the sulfur dioxide (SO2) and nitrogen oxide (NOx) emissions. Some of the commonly used CCTs are flue gas desulfurization, integrated gasification combined cycle (IGCC), fluidized-bed combustion, and selective catalytic reduction. At present, they are widely being adopted in the Asia Pacific as they preserve the environment from coal combustion activities.
Rapid urbanization and rising population are resulting in the increasing utilization of energy in the Asia Pacific region. This is prompting utility companies to generate electricity by using clean methods, which represents one of the significant factors strengthening the growth of the clean coal technologies market. Moreover, governments of various countries are focusing on the installation of CCTs. For instance, the Government of Japan recently announced the abolishment of 90% of the inefficient coal-fired power generators and the installation of superior and cleaner coal power generators in the country. However, the onset of the coronavirus disease (COVID-19) and implementation of lockdown restrictions have resulted in the temporary closures of several manufacturing units, which has negatively impacted the market growth. The CCT market is anticipated to experience growth once relaxations are introduced. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific clean coal technologies market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region and technology.
Breakup by Technology:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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