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Flue Gas Desulfurization Systems Market: What are the Future Growth Opportunities? Top Players Ducon, DuPont Clean Technologies, General Electric, Nederman Mikropul, Verantis

Flue Gas Desulfurization Systems Market: What are the Future

Flue Gas Desulfurization Systems Market is set to exceed USD 27 billion by 2025. Rising investments toward expansion of coal fired power plants along with growing demand for electricity will drive the flue gas desulfurization systems market growth. Developing economies are investing aggressively toward coal-fired power generation to meet the growing electricity demand from prominent economic sectors. Furthermore, increasing initiatives toward the expansion of heavy industries will stimulate business growth.

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Wet flue gas desulfurization systems market is anticipated to expand over 5% by 2025. High control & scrubbing efficiencies coupled with falling sorbent material costs are some of the prominent factors which will augment the industry outlook. Furthermore, shifting trends toward the adoption of stringent emission standards pertaining to heavy industries and power generation sector will boost the adoption of these systems over the forecast timeframe.

Strengthening of air quality standards and norms to mitigate the detrimental effects of Sox emissions will stimulate the flue gas desulfurization systems market growth. Breathing difficulties, skin irritation and inflammation of the respiratory system are some of the prominent health risks posed by the increasing concentration of Sox pollutants in the atmosphere. Furthermore, growing focus toward maintaining air quality standards by countries across the globe will further enhance the industry outlook.

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Dry FGD systems market is anticipated to witness robust growth on account of its low capital expenditure costs and less complex waste disposal process as compared to the available alternatives. Easy installation and compact design are some of the key underlying factors which will favor the deployment of these systems. Furthermore, increasing investments toward the development of new medium scale industrial plant will strengthen the adoption of these units.

Growing awareness amongst the industrial sector toward the adoption of emission control systems coupled with introduction of stringent environmental mandates aimed toward curbing emission levels will drive the flue gas desulfurization systems market. In addition, growing investment toward infrastructure development will further augment industry outlook.

Significant flue gas desulfurization systems market participants include KCH Services, AMEC Foster Wheeler, GEA Group, Ducon, DuPont Clean Technologies, General Electric, Nederman Mikropul, Verantis, CECO Environmental, Tri-Mer Corporation, Hamon & Cie International SA, MHPS and Babcox & Wilcox.

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