WELCOME
Weekly selected highlights in flow control, treatment and combustion from the
many McIlvaine publications.
• Briefs
• Large Replacement Market for Municipal Wastewater Combust, Flow and Treat
Products
• $30 billion/yr Aftermarket and $10 billion/yr Innovation Market for FGD
Briefs
Webinar: Wednesday: The webinar Wednesday will cover all aspects of the program
to pursue the municipal wastewater treatment market. A summary of projected
revenues for major components, services and software will be provided along with
examples of the use of edge computer software by component software. The program
to identify the purchases by individual prospects will include a 50 slide
analysis just of BEWG. Sometime will be spent viewing 62EI North American
Municipal Wastewater Treatment Facilities and People Database and Municipal
Wastewater Decisions.
Click here to register for the free webinar
Forecasts for Replace and Repair for all CFT products. We point out below that
the market for FGD replace and repair components is bigger than the new market.
We are justifying the same conclusion tor the municipal wastewater industry. Big
new markets driven by regulations have slowed down. They still exist in India,
and some other developing countries but the Chinese market is maturing while the
markets in the OECD countries are already mature. Even the shale or tight oil
technology has leveled off but at a very high level. The result will be a more
modest swing in the market for components such as pumps and valves. The shale
market in the U.S. not only reduces oil and gas prices but protects against
arbitrary price manipulation by OPEC. The large replacement market for
production related components will offset the swings in the extraction market.
The big growth area will be IIoT and Remote O&M. CFT product suppliers can
expand from the SOM or Serviceable Obtainable Market to WOM or Wisdom based
Obtainable Market
Impact of IIoW Empowered IIoT on the Combust, Flow and Treat Market.
China as a Technology Leader: Longking is one of the world's largest air
pollution control companies. It also spends more on R&D than most rivals in the
OECD. It is a leader in dry scrubbing technology, hybrid ESP-filters, and other
cutting-edge technologies. In the webinar this week we will be covering BEWG and
their program to improve aerator efficiency at their 300 wastewater treatment
plants in China. We will also cover the plant they are completing in Singapore
which is under tennis courts and a park. The plant will provide reusable
effluent and incorporates high efficiency turbo blowers for aeration. In the
last half of twentieth century the environmental markets boomed, and market
leaders were created in the countries with the most stringent regulations. In
terms of NOx reduction and tough limits China now has the most stringent
regulations. This includes limits for automobiles as well as stationary sources.
As a result, China over the last two decades rose from a production rate of less
than 5% of the stationary SCR catalyst to more than 40% of the world total. The
advice to CFT system suppliers is to expect more international competition from
Chinese based companies. The advice to component suppliers is that there is a
big opportunity to work with companies such as BEWG and Longking.
Large Replacement Market for Municipal Wastewater Combust, Flow and Treat
Products
The market for combust, flow and treat (CFT) products for municipal wastewater
treatment plants is growing faster than GDP and is larger than represented in
many reports. Forecasts for purchases of each type of product by municipal
wastewater plants is made possible by detailed analysis of the treatment flow
rates and each specific variable impacting the market for a product.
The starting point to determine the market for CFT products is the installed
treatment capacities. The difference in installed capacity from one year to the
next equals new builds less retirements. Pumps, valves, nozzles, blowers and
similar components need to be replaced every 10-15 year. So, unless the new
build growth rate is higher than 6%/yr for a component replaced every 15 years
or 10%/yr for components replaced every 10 years the replacement market will be
larger than the new market. In a high growth country such as India the new build
expenditure will be far greater than the replacement, but the total investment
will still be small compared to a country such as the U.S. with 40,000 MGD of
installed secondary treatment capacity.
It is possible to greatly improve the accuracy of market forecasts by obtaining
accurate flow forecasts and then relating the investment for each component as a
function of flow rate. The following segments need to be considered. Incremental
new systems, new systems which replace retired systems, replacement components,
repair and service of existing components.
Over the life of the average pump, blower or high-performance valve the cost of
repair will exceed the original cost. As a result, the largest markets for
component suppliers are at existing plants in countries with a large installed
base.
The movement to IIoT and Remote O&M adds the potential to expand the service and
advisory opportunity and to negotiate yearly contracts which can be fixed price
or on a partnership basis where the owner and supplier share the savings.
Since owners will be armed with total cost of ownership data due to IIoT and
data analytics, the supplier will want to spend the time to prepare a total cost
of ownership evaluation. If his is not the lowest then he will need to invest in
R&D and be able to submit the Lowest Total Cost of Ownership Validation (LTCOV).
Millions of Gallons in Place as of 2018
Population Wastewater Treatment
Served with WWTP Primary Secondary Secondary
Country Total Urban Urban Increase Capacity Treatment Capacity
(x 1,000) (x 1,000) (%) (x 1,000) (x 1,000) (MGD) (%) (MGD)
United States 332,745 310,470 0.995 308,918 6,696 43,888.6 94.00 41,255
Canada 36,551 32,300 0.970 31,331 594 3,381.8 79.00 2,672
Mexico 116,435 104,049 0.860 89,482 2,078 3,144.5 54.00 1,698
Argentina 43,508 43,508 0.480 20,884 187 1,029.3 31.00 319
Brazil 207,280 207,280 0.480 99,495 739 1,890.4 66.00 1,248
Chile 18,352 18,352 0.960 17,618 359 973.4 84.00 818
Colombia 50,504 44,235 0.790 34,946 1,022 399.1 40.00 160
Ecuador 15,471 12,570 0.610 7,668 244 108.8 23.00 25
Guatemala 17,372 11,892 0.420 4,995 278 30.7 28.00 9
Peru 32,244 26,049 0.690 17,974 491 300.7 43.00 129
Venezuela 32,443 32,443 0.620 20,114 295 179.7 41.00 74
Other South & Central America 94,736 71,810 0.480 34,469 1,057 1,121.7 41.00 460
It is highly desirable and possible to forecast the purchases for the few
hundred enterprises which buy or influence the majority of the component
purchases. BEWG operates more than 300 wastewater plants in China and other
countries. Suez operates half the wastewater plants in Chile and remotely
monitors plants around the world from a remote center in France. Many countries
have privatized wastewater treatment plants. This results in just a few hundred
organizations with very large purchases.
2018 Municipal Wastewater Purchases
$ millions
World
U.S. Suez
Jacobs
CH2M
BEWG Los Angeles Chicago MSD
Guide 5280 1100 106 63 60 11 22
Control 8640 1800 173 104 98 18 36
Measure 4320 900 86 52 50 9 18
Valves 4800 1000 96 58 52 10 20
Macrofiltration (belt presses, sand filters) 2400 500 48 29 28 5 10
Pumps 9600 2000 192 115 105 20 40
Treatment Chemicals 6720 1400 134 81 80 14 28
Sedimentation and Centrifugation 4320 900 86 52 80 9 18
Variable Speed Drives and Motors 4800 1000 96 58 48 10 20
Turbines, Fans, and Compressors 10560 2200 211 127 120 22 44
RO/UF/MF Cross Flow Membrane Systems 1200 250 24 14 45 3 6
Air Pollution Control 960 200 19 12 10 2 4
Forecasts for each component are compiled in McIlvaine multi-client or custom
reports.
The Multi-client reports are shown under MARKETS.
Profiles of the largest operators along with activity at specific plants is
included in Municipal Wastewater Treatment Plants and People.
The market for guide, control, measure and remote monitoring is included in IIoT
and Remote O&M.
$30 billion/yr Aftermarket and $10 billion/yr Innovation Market for FGD
History: There has been more than $300 billion invested in Flue Gas
Desulfurization Systems since the first system was installed at Union Electric
in St Louis in 1968. This system was a result of a partnership between
Environeering with the scrubber knowledge and Combustion Engineering, the
world's largest coal fired boiler supplier.
In the early years it was a sellers' market with innovation, knowledge and risk
taking being the dominant attributes for success. Since all components were
purchased the return on investment (ROI) for knowledge was huge. The only
problem was that with a volatile regulation driven market the negative ROI based
on risk eventually erased the profits based on knowledge.
Most of the European and U.S. FGD suppliers eventually faced either bankruptcy
or fire sales to more diversified companies. Of the early participants only the
Mitsubishi/Hitachi, Babcock and Wilcox, and Chiyoda names are still relevant.
Research Cottrell, Joy, Deutche Babcock, Combustion Engineering, Saarberg Holter,
KRC, Steinmuller, Peabody and other original participants have disappeared or
been integrated.
The most convoluted is GE. The sequence is Peabody and an Ontario Hydro spin off
become part of GE (GE Environmental Systems) which eventually become part of
Marsulex. Combustion Engineering was sold to ABB which then sold the division to
Alstom which was then sold to GE. The order just received by GE for an FGD
system for NTPC is a design originated by Environeering/Combustion Engineering.
So over 30 years GE has divested itself of one FGD system company and now owns
one of its original competitors.
System Suppliers: The leading FGD suppliers in recent years have been Longking,
Wuhan Kaidi, Guodian and other Chinese suppliers. BHEL is suddenly looming as a
major supplier based on its awards in India. MHPS is one of the original
suppliers who still has a significant market share. This company is a result of
the merger between the Hitachi and Mitsubishi power divisions.
In general, the recent contracts are based on much less knowledge and risk than
the early ones. Suppliers have failed to innovate. As a result, the system
offerings today vary little from the ones offered in the early days. Any
difference is in the components, consumables and chemistry.
The quality of limestone, treatment chemicals, bags, nozzles, linings, mist
eliminators, filter belts, agitators, gypsum oxidation compressors, pumps,
valves, instrumentation, drives, controls, fans, ball mills, cyclones and other
components has greatly improved. The control of chemistry is vastly improved. As
a result, the modern FGD system has no more downtime than the rest of the boiler
system. These improved components also result in SO2 removal above 98% compared
to the 80% target in the early days. In fact, China presently has even more
stringent limits.
Components and Consumables: The annual cost of nozzles, valves, fans and
compressors is approximately 15% of the original cost. By 2023 there will be 2
million MW of FGD systems in place, this means that components for 30,000 MW
will be replaced each year. Over the years the new system purchases have varied
from 1000 to 90,000 MW. The average has been less than 30,000 MW. As a result,
replacement components represent a market larger than that for new components.
The market for consumables such as filter belts, seals, bags, limestone,
treatment chemicals, balls for ball mills and others has continued a slow but
steady rise over the years. The reduction in the total installed FGD in the U.S.
and Europe will be less than 100,000 MW over the next five years and will be
offset by 200,000 MW of new systems in Asean countries, India, and South Africa
and a few others. The result is a steadily increasing market for components and
consumables.
Innovation: The international system suppliers lost market share because they
failed to innovate. Large numbers of companies entered the U.S. market in the
1970s. Japanese and German companies entered the market in the 1980s. There was
not a large enough or sustainable market for them. So, R&D and innovation was
not fundable. The trend continues with many Chinese suppliers and now Indian
suppliers (mostly under license). However, because of the big retrofit market
the innovation potential is greater than ever.
Here is an example: the successful MgO system at Philadelphia Electric
unintentionally created a rare earths feedstock. With the knowledge we now have
this system can be slightly modified to produce rare earths, high quality flyash,
hydrochloric acid and sulfuric acid or a pure gypsum which can compete with
precipitated calcium carbonate. HCl Scrubbing and Rare Earth Recovery from
Coal-Fired Power Plants and Gasifiers are the Perfect Marriage
The relatively new catalytic filter combined with dry sorbent injection could
carve out a significant market. Lime is a better reagent choice for wet
scrubbers as well as dry scrubbers under certain conditions. Under certain
conditions there is a good market for ammonium sulfate and certain other
by-products. More modest innovations such as improvement of scrubber internals
and selection of the natural oxidation and flyash/sulfate for landfills are also
attractive.
The biggest innovation potential is remote operation and maintenance support for
FGD systems around the world. Europe and the U.S. have an excess of FGD experts.
Asia has a big need. With cloud-based systems an expert in Windsor, Connecticut
can be making judgements based on feed from a remote-control center in the
Philippines and a plant operating in Vietnam. MHPS already has the
remote-control center in the Philippines' but it is presently mostly monitoring
rotating equipment. With cloud-based software MHPS could extract the world's
expertise for each component and each consumable.
The potential for component and consumables suppliers is very high. An
international limestone supplier can work with local suppliers and guide them.
He can provide optimum limestone quantities and qualities to plants all over the
world. The international nozzle supplier has the same opportunity. Valve and
pump suppliers have not only the FGD opportunities but those in all the other
plant processes. The compressor delivering oxygen for FGD gypsum can be
controlled based on local electricity costs, needed gypsum quality and other
parameters.
The McIlvaine Company is in the position of guiding suppliers based on a
combination of standard reports and "Forecasting". In addition to the FGD report
(N027 FGD Market and Strategies ), there are also reports on IIoT and Remote
O&M, valves, pumps, treatment chemicals, liquid filtration, fabric filters and
precipitators. Special reports are also available for all other components. All
the projects are tracked in the Utility Tracking System which also includes
purchases by all the largest utility companies. Details on the reports are
available at www.mcilvainecompany.com. For more information on custom
forecasting contact Bob McIlvaine at rmcilvaine@mcilvainecompany.com