With electricity shortages threatening growth in its booming economy, China has embarked on the construction of 100 GW of new coal-fired capacity over the past 18 months. At a cost of $120 billion, such massive investment is expected to create marked shifts in the global markets for power plant, pollution control, and general process equipment. With the Chinese new build resulting in some $2 billion in orders for electrostatic precipitator equipment and $5 billion for installed precipitator systems, the country will have more than 80% of the global precipitator market for several years. In a new McIlvaine analysis, the company predicts that Chinese precipitator manufacturers will become major exporters subsequent to the domestic surge.
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