Flue Gas Desulphurization (FGD) Market Size, Status, Global Demand and Growth Opportunities 2028 With Leading Players Babcock & Wilcox Enterprises Inc., Doosan Lentjes GmbH, General Electric Company, and Mitsubishi Heavy Industries Ltd

The Global Flue Gas Desulphurization (FGD) Market is projected to reach t USD 27.87billion by 2028 at a CAGR of 5.1% during the forecast period.

The market for flue gas desulphurization (FGD) market has been segmented in major regions to understand the global development and demand patterns of this market. The flue gas desulphurization market is predominant in the Asia Pacific region due to increasing energy demand and heavy dependence on thermal power. The Chinese market accounts for 24-25% of the total global share of the FGD market. India is also emerging as a large FGD market due to increased energy demands, owing to rapid urbanization. Various programs such as Clean Air Interstate Rule (CAIR) and favorable government policies are benefiting the global FGD market. The FGD market in regions such as Western Europe and Eastern Europe is expected to witness steady growth.

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This comprehensive market analysis explores market growth potential for flue gas desulphurization (FGD) market that can help stakeholders understand key developments and expectations in the market for flue gas desulphurization (FGD) market defining opportunities for growth and competitive scenarios. The study also draws on data from multiple primary and secondary sources and will be analyzed using different methods. It helps gain insight into the growth potential of the market which can enable investors to recognize scope and opportunities. The analysis also gives details of the individual segments in the global flue gas desulphurization (FGD) market.

According to the report, transportation application is projected to witness lucrative growth on account of the expansion of automotive, aerospace, and shipbuilding sectors. Sulfur dioxide (SO2) is emitted following the combustion of oil, coal, and methane compounds in various industrial processes. Sulfur is one of the main constituents contributing to air pollution apart from carbon emissions. Municipal waste incinerators, tires, chemical industry emissions, and industrial waste emissions are major sources of sulfur dioxide emissions. Flue gas desulphurization technology (FGD) is used to remove sulfur dioxide from industrial emissions. Flue gas is subjected to the FGD process before it is released into the atmosphere. The major is the removal of 50%-90% of SO2 with the use of inexpensive reagents making it cost-efficient.

Key Factors Impacting Market Growth:
• Increasing demand for energy in the Asia Pacific
• Increasing awareness about clean energy
• Low cost of technology

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This report provides:
1) A summary of the global flue gas desulphurization (FGD) market and associated technologies.
2) Analysis of global industry dynamics, monthly projections and annual compound growth rate predictions (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global flue gas desulphurization (FGD) market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in the industry.
6) Market dynamics scenario, along with growth opportunities of the market in the years to come
7) Analysis of game-changing technological trends and how these will shape the industry
8) Explanation or political, regulatory and technical factors to consider
9) Barriers to entry analysis for markets around the world

The researchers have studied the market in-depth and have developed important segments such as product type, application, and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects, and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

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With an emphasis on strategies there have been several primary developments done by major companies such as Marsulex Environmental Technologies Corporation, Clyde Bergemann Power Group, Inc., Hamon Corporation, FLSmidth & Co. A/S, Siemens AG, Rafako S.A., Babcock & Wilcox Enterprises Inc., Doosan Lentjes GmbH, General Electric Company, and Mitsubishi Heavy Industries Ltd.

Market Segmentation:

By Type:
Dry FGD
Wet FGD
Semi Dry FGD

By Installation:
Greenfield
Brownfield

By End-Use Industry:
Power Generation
Chemical Manufacturing
Iron & Steel
Cement Manufacturing

By Region:
North America
By Country (US, Canada, Mexico)
By Type
By Installation
By End-Use Industry

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Installation
By End-Use Industry

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Installation
By End-Use Industry

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Installation
By End-Use Industry

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Installation
By End-Use Industry

Rest of the World
By Region (South America, Africa)
By Type
By Installation
By End-Use Industry

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.