Flue Gas Desulfurization (FGD) Market
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| Base Year: | 2020 | Forecast Period: | 2021-2028 |
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| Key Players: |
The key participating players of the global Flue Gas Desulfurization (FGD) market include General Electric, Babcock & Wilcox Company, Chiyoda Corp., Mitsubishi Hitachi Power Systems, S.A. HAMON, Carmeuse, Thermax, Fujian Longking Co., Ltd., and Wuhan Kaidi Electric Power Environmental Co., Ltd., among others |
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| Key Dynamics: |
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| Market Size: | USD XXXX Mn | CAGR (2021 -2028): | XX% |
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Flue Gas Desulfurization (FGD) Market Overview
The report is titled ‘Flue Gas Desulfurization (FGD) Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual Flue Gas Desulfurization (FGD)eworks, analytical approaches of the Flue Gas Desulfurization (FGD) market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Flue Gas Desulfurization (FGD) market is expected to grow at a significant rate in the near future.
The global Flue Gas Desulfurization (FGD) market is estimated to reach at a value of US$ xx Mn by the end of 2020 and expected to reach at a value of US$ xx Mn by 2028 with a significant CAGR of xx%
Flue Gas Desulfurization (FGD) Introduction
Flue-gas desulfurization can be understood as a set of technologies which is employed to expel sulfur dioxide from exhaust flue gases of fossil-fuel power plants, and from the exudations of other sulfur dioxide emitting procedures such as waste combustion.
Sulfur dioxide in gases is generated by the incineration of fossil fuels and most of the industrial operations such as gasoline refining as well as cement, glass, paper, iron, steel, and copper manufacturing.
The flue-gas desulfurization process helps in addressing the increasing environmental disputes and regulating plant emissions efficaciously. To support that, as per the report of the International Energy Agency, in March 2021, coal-fired power stations produced about 37% of worldwide electricity, making it the world’s biggest source of producing electricity. Such capabilities, on the contrary, are prone to generate pollutants, specifically Sulphur, which has a detrimental influence on the environment.
Flue Gas Desulfurization (FGD) Market Dynamics
The surged environmental concerns all around the world, in recent years, and the associated execution of environmental restrictions and laws on industrial exudations has been one of the primary factors driving the global flue gas desulfurization market's growth. In addition to this, there has been increased consumption of energy owing to the growing industrialization as well as urbanization resulting in development of more and more industries, residential and commercial space worldwide, which has established a robust demand for flue gas desulfurization. Attributing to all said factors, the global flue gas desulfurization market is projected to grow significantly in the forthcoming years.
However, the high installation costs of the flue gas desulfurization systems are likely to be the major restraining factors for the market growth in the near future. Furthermore, greater waste disposal expenses related to desulfurization operations is further projected to slow down the market growth.
Flue Gas Desulfurization (FGD) Market Segmentation
The global flue gas desulfurization (FGD) market is segmented on the basis of material type, end use industry and region.
By Material Type
Wet FGD Systems
Spray Dry FGD System
Dry FGD System
By End Use Industry
Power Plants
Cement
Metal Processing & Mining
Chemicals
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Flue Gas Desulfurization (FGD) Market Key Players
The key participating players of the global Flue Gas Desulfurization (FGD) market include General Electric, Babcock & Wilcox Company, Chiyoda Corp., Mitsubishi Hitachi Power Systems, S.A. HAMON, Carmeuse, Thermax, Fujian Longking Co., Ltd., and Wuhan Kaidi Electric Power Environmental Co., Ltd., among others.
Reports & Insights Overview on Flue Gas Desulfurization (FGD) Market Report
The non-identical approach of Reports & Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Flue Gas Desulfurization (FGD) market by Reports & Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Flue Gas Desulfurization (FGD)
Advantages of Flue Gas Desulfurization (FGD)
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Flue Gas Desulfurization (FGD) Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Flue Gas Desulfurization (FGD) Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Flue Gas Desulfurization (FGD) Market Snapshot
2.4. Global Flue Gas Desulfurization (FGD) Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Flue Gas Desulfurization (FGD) Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
2.8. PEST Analysis
2.9. Pricing Analysis
3. Flue Gas Desulfurization (FGD) Assessment and Analysis
3.1. Flue Gas Desulfurization (FGD) Impact Analysis
3.2. Road Map Analysis
3.3. Potential Analysis
4. Covid-19 Impact on Flue Gas Desulfurization (FGD) Market
4.1. Impact Analysis of Covid-19 on the global Flue Gas Desulfurization (FGD) market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Volatility In Price
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Flue Gas Desulfurization (FGD) Market, By Material Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Material Type
5.1.2. BPS Analysis, By Material Type
5.2. Market Revenue (US$Mn) and Forecast, By Material Type
5.2.1. Wet FGD Systems
5.2.2. Spray Dry FGD System
5.2.3. Dry FGD System
5.3. Global Flue Gas Desulfurization (FGD) Market Attractiveness Index, By Material Type
6. Global Flue Gas Desulfurization (FGD) Market, By End Use Industry
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By End Use Industry
6.1.2. BPS Analysis, By End Use Industry
6.2. Market Revenue (US$Mn) and Forecast, By End Use Industry
6.2.1. Power Plants
6.2.2. Cement
6.2.3. Metal Processing & Mining
6.2.4. Chemicals
6.3. Global Flue Gas Desulfurization (FGD) Market Attractiveness Index, By End Use Industry
7. North America Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) and Forecast, By Country
7.2.1. U.S. Flue Gas Desulfurization (FGD) Market
7.2.2. Canada Flue Gas Desulfurization (FGD) Market
7.3. North America Flue Gas Desulfurization (FGD) Market, By Material Type
7.3.1. Wet FGD Systems
7.3.2. Spray Dry FGD System
7.3.3. Dry FGD System
7.4. North America Flue Gas Desulfurization (FGD) Market, By End Use Industry
7.4.1. Power Plants
7.4.2. Cement
7.4.3. Metal Processing & Mining
7.4.4. Chemicals
7.5. North America Flue Gas Desulfurization (FGD) Market Attractiveness Index
7.5.1. By Country
7.5.2. By Material Type
7.5.3. By End Use Industry
8. Latin America Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Flue Gas Desulfurization (FGD) Market
8.2.2. Mexico Flue Gas Desulfurization (FGD) Market
8.2.3. Rest Of Latin America Flue Gas Desulfurization (FGD) Market
8.3. Latin America Flue Gas Desulfurization (FGD) Market, By Material Type
8.3.1. Wet FGD Systems
8.3.2. Spray Dry FGD System
8.3.3. Dry FGD System
8.4. Latin America Flue Gas Desulfurization (FGD) Market, By End Use Industry
8.4.1. Power Plants
8.4.2. Cement
8.4.3. Metal Processing & Mining
8.4.4. Chemicals
8.5. Latin America Flue Gas Desulfurization (FGD) Market Attractiveness Index
8.5.1. By Country
8.5.2. By Material Type
8.5.3. By End Use Industry
9. Europe Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Flue Gas Desulfurization (FGD) Market
9.2.2. Germany Flue Gas Desulfurization (FGD) Market
9.2.3. Italy Flue Gas Desulfurization (FGD) Market
9.2.4. France Flue Gas Desulfurization (FGD) Market
9.2.5. Spain Flue Gas Desulfurization (FGD) Market
9.2.6. Russia Flue Gas Desulfurization (FGD) Market
9.2.7. Rest Of Europe Flue Gas Desulfurization (FGD) Market
9.3. Europe Flue Gas Desulfurization (FGD) Market, By Material Type
9.3.1. Wet FGD Systems
9.3.2. Spray Dry FGD System
9.3.3. Dry FGD System
9.4. Europe Flue Gas Desulfurization (FGD) Market, By End Use Industry
9.4.1. Power Plants
9.4.2. Cement
9.4.3. Metal Processing & Mining
9.4.4. Chemicals
9.5. Europe Flue Gas Desulfurization (FGD) Market Attractiveness Index
9.5.1. By Country
9.5.2. By Material Type
9.5.3. By End Use Industry
10. Asia Pacific Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Flue Gas Desulfurization (FGD) Market
10.2.2. India Flue Gas Desulfurization (FGD) Market
10.2.3. Japan Flue Gas Desulfurization (FGD) Market
10.2.4. Australia and New Zealand Flue Gas Desulfurization (FGD) Market
10.2.5. South Korea Flue Gas Desulfurization (FGD) Market
10.2.6. Rest of Asia Pacific Flue Gas Desulfurization (FGD) Market
10.3. Asia Pacific Flue Gas Desulfurization (FGD) Market, By Material Type
10.3.1. Wet FGD Systems
10.3.2. Spray Dry FGD System
10.3.3. Dry FGD System
10.4. Asia Pacific Flue Gas Desulfurization (FGD) Market, By End Use Industry
10.4.1. Power Plants
10.4.2. Cement
10.4.3. Metal Processing & Mining
10.4.4. Chemicals
10.5. Asia Pacific Flue Gas Desulfurization (FGD) Market Attractiveness Index
10.5.1. By Country
10.5.2. By Material Type
10.5.3. By End Use Industry
11. Middle East Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Flue Gas Desulfurization (FGD) Market
11.2.2. Israel Flue Gas Desulfurization (FGD) Market
11.2.3. Rest Of Middle East Flue Gas Desulfurization (FGD) Market
11.3. Middle East Flue Gas Desulfurization (FGD) Market, By Material Type
11.3.1. Wet FGD Systems
11.3.2. Spray Dry FGD System
11.3.3. Dry FGD System
11.4. Middle East Flue Gas Desulfurization (FGD) Market, By End Use Industry
11.4.1. Power Plants
11.4.2. Cement
11.4.3. Metal Processing & Mining
11.4.4. Chemicals
11.5. Middle East Flue Gas Desulfurization (FGD) Market Attractiveness Index
11.5.1. By Country
11.5.2. By Material Type
11.5.3. By End Use Industry
12. Africa Flue Gas Desulfurization (FGD) Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Countries Flue Gas Desulfurization (FGD) Market
12.2.2. Egypt Flue Gas Desulfurization (FGD) Market
12.2.3. North Africa Flue Gas Desulfurization (FGD) Market
12.2.4. Rest of Africa Flue Gas Desulfurization (FGD) Market
12.3. Africa Flue Gas Desulfurization (FGD) Market, By Material Type
12.3.1. Wet FGD Systems
12.3.2. Spray Dry FGD System
12.3.3. Dry FGD System
12.4. Africa Flue Gas Desulfurization (FGD) Market, By End Use Industry
12.4.1. Power Plants
12.4.2. Cement
12.4.3. Metal Processing & Mining
12.4.4. Chemicals
12.5. Africa Flue Gas Desulfurization (FGD) Market Attractiveness Index
12.5.1. By Country
12.5.2. By Material Type
12.5.3. By End Use Industry
13. Competitive Landscape
13.1. Competition Dashboard
13.2. Company Share Analysis
13.3. Market Presence Analysis
13.4. Company Profiles
13.4.1. General Electric
13.4.1.1. Company Overview
13.4.1.2. Financial Overview
13.4.1.3. Key Developments
13.4.1.4. Strategies
13.4.1.5. Product Analysis
13.4.2. Babcock & Wilcox Company
13.4.3. Chiyoda Corp.
13.4.4. Mitsubishi Hitachi Power Systems
13.4.5. S.A. HAMON
13.4.6. Carmeuse
13.4.7. Thermax
13.4.8. Fujian Longking Co., Ltd.
13.4.9. Wuhan Kaidi Electric Power Environmental Co., Ltd
14. Acronyms
Select License Type
Frequently Asked Questions
Flue-gas desulfurization can be understood as a set of technologies which is employed to expel sulfur dioxide from exhaust flue gases of fossil-fuel power plants, and from the exudations of other sulfur dioxide emitting procedures such as waste combustion.
The surged environmental concerns all around the world, associated execution of environmental restrictions and laws on industrial exudations, and increased consumption of energy owing to the growing industrialization as well as urbanization resulting in development of more and more industries, residential and commercial space worldwide are the key factors driving the growth of market
The global flue gas desulfurization (FGD) market is segmented on the basis of material type, end use industry and region.
The key participating players of the global Flue Gas Desulfurization (FGD) market include General Electric, Babcock & Wilcox Company, Chiyoda Corp., Mitsubishi Hitachi Power Systems, S.A. HAMON, Carmeuse, Thermax, Fujian Longking Co., Ltd., and Wuhan Kaidi Electric Power Environmental Co., Ltd., among others.