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Flue Gas Desulfurization System Market by Installation (Greenfield, Brownfield), Type (Wet FGD System, Dry & Semi-Dry FGD System), End User (Power Generation, Chemical, Iron & Steel, Cement Manufacturing), and Region - Global Forecast-(2023-2028)

Published: March, 2023
ID: 8511
Pages: 175
Formats: report pdf report excel report power bi report ppt

Flue Gas Desulfurization System Market Size & Growth (2023-2028):

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.

FLUE GAS DESULFURIZATION SYSTEM MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

8.2%

Segments Covered

  • On the basis of type
  • End-User
  • On the basis of region

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

  • North America: United States, Mexico, Canada
  • Europe: United Kingdom, Germany, Italy, France
  • Asia Pacific: Australia, Canada, China
  • Latin America: Argentina, Brazil, Chile
  • The Middle East and Africa: Egypt, Iran, Iraq, Israel

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).

Flue Gas Desulfurization System Market Segmentation:

  • 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.

Flue Gas Desulfurization System Market geographical analysis:

  • North America

  • Europe 

  • Asia Pacific 

  • Latin America 

  • The Middle East and Africa 

Flue Gas Desulfurization System Market key players:

  1. Mitsubishi Heavy Industries (Japan)

  2. General Electric (United States)

  3. Doosan Lentjes (Germany)

  4. Babcock & Wilcox (United States)

  5. RAFAKO (Poland)

  6. Siemens (Germany)

  7. FLSmidth (Denmark)

  8. Hamon Corporation (United States)

  9. Marsulex Environmental Technologies (United States)

  10. Thermax (India) 

  11. ANDRITZ (Austria)

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