Flue Gas Desulphurization Systems Market was estimated at USD 19.16 billion in 2022 and is expected to reach USD 21.90 billion in 2028, at a compound annual rate of 8.2% from 2023 to 2028.
Flue gas desulphurization (FGD) consists of removing sulfur dioxide from the flue gas before it is emitted. This is done during combustion in fossil fuel plants, such as coal and oil combustion units. The flue gas desulphurization market is growing worldwide as a result of the increasing prevalence of airborne diseases, the enforcement of environmental laws and regulations, and the growing concern for air pollution — the environment. The increasing demand for Gas Desulfurization (FGD) systems for chemistry, energy production, cement, iron and steel manufacturing, and many other industries is also expected to fuel the market for chemicals. Dehydration desulphurization during the period considered.
REPORT METRIC |
DETAILS |
Market Size Available |
2022-2028 |
Base Year |
2022 |
Forecast Period |
2023-2028 |
CAGR |
8.2% |
Segments Covered |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
|
Market Leaders Profiled |
Mitsubishi Heavy Industries (Japan), General Electric (United States), Doosan Lentjes (Germany), Babcock & Wilcox (United States), RAFAKO (Poland), Siemens (Germany), FLSmidth (Denmark), Hamon Corporation (United States), Marsulex Environ, mental Technologies (United States), Thermax (India) ANDRITZ (Austria). |
The market for flue gas desulphurization systems based On this type has been segmented into wet flue gas desulphurization systems and dry and semi-dry flue gas desulphurization systems.
The wet flue gas desulphurization segment is expected to be one of the significant contributors to the market over the forecast period due to its more widespread adoption in various sectors.
The market for End-User-based flue gas desulphurization systems has been segmented into the fields of energy production, chemistry, iron, and steel, cement manufacturing, etc.
The electricity generation sector is expected to have one of the most significant market shares for the flue gas desulphurization system.
Coal-fired plants are the primary source of sulfur pollutants because of the high sulfur content of coal. As a result, the growing demand for energy is driving the growth of the energy production segment of the flue gas desulphurization system market.
North America
Europe
Asia Pacific
Latin America
The Middle East and Africa
Mitsubishi Heavy Industries (Japan)
General Electric (United States)
Doosan Lentjes (Germany)
Babcock & Wilcox (United States)
RAFAKO (Poland)
Siemens (Germany)
FLSmidth (Denmark)
Hamon Corporation (United States)
Marsulex Environmental Technologies (United States)
Thermax (India)
ANDRITZ (Austria)
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