Supercritical Boilers Market is expected to rise at a remarkable CAGR oct 2016 | Page 2

REPORT DESCRIPTION

The growing need to reduce carbon emissions as well as improve the operating efficiency of the power plant has led to the
widespread adoption of supercritical boilers. This technology provides high steam temperature and improved pressure
parameters to achieve the desired efficiency of the power plant. Low fuel consumption is a direct consequence of
installing efficient systems such as supercritical boilers, which in turn leads to increased profitability margins and better
utilization of resources. Despite of the environmental concerns the need for coal as a source of power generation is
continuously increasing at a steady pace. The demand for high-efficiency pulverized coal supercritical boilers, which
reduces carbon emissions, is increasing as a result of the environmental concerns. Current market conditions demand
highly efficient systems which are designed for rapid response times. Supercritical boilers have the ability to respond and
adjust to market conditions which makes these systems important. The rapid industrialization and government
development programmes will accelerate the market growth of supercritical boilers in developing economies, in the
future.
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Increasing environmental regulations and the need for efficient power generation systems are the primary drivers
bolstering the market growth of supercritical boilers. The CDM (Clean Development Mechanism) benefits associated with
the installation of these boilers are increasing investment in this market. The developed and developing economies are
obligated to reduce carbon footprints; this drives power plant operators to invest in supercritical boilers. These boilers are
highly efficient systems which increase the power generation capability of a power plant. Installation of these units
improves the operating cycle efficiency of the power plant which leads to low fuel consumption. In developing economies
large commercial power plants are being developed, which further enhances the requirement of upgraded systems such
as supercritical boilers. The increased cost of installing the supercritical boilers and availability of more upgraded units
such as ultra supercritical boilers may hamper the market growth of the market in the future.
The market for supercritical boilers can be segmented on the basis of the evaporator system implemented in the system.
High mass flux spiral wall, medium mass flux vertical wall and low mass flux vertical wall are the major broad categories.
These evaporator systems are used based on the heating requirements of the power plant operator. The type of heating
tube used in these evaporating systems also varies with the requirement of the end user.
The mature markets of North America and Europe have already installed supercritical boilers, thus the market growth in
these regions is expected to grow at a sluggish pace in the future. However the aging plants in these regions will require
constant upgradation and replacement in the coming years, this provides an opportunity for the further growth of
supercritical boiler market. The Asia Pacific region and a few developing countries of the Middle East represent the largest