Press release
Flue Gas Desulfurization Market Analysis, Industry Demand by Segmentation and Forecast 2019-2026
As per the report published by Allied Market Research, the global flue gas desulfurization market was pegged at $17.86 billion in 2019 and is projected to reach $25.06 billion by 2026, growing at a CAGR of 4.1% from 2019 to 2026. The report offers a detailed analysis of drivers & opportunities, market size & estimations, top winning strategies, key segments, and competitive scenario.An increase in demand for air scrubbers has been witnessed in the fast-emerging economies such as India and China, owing to the presence of several local and regional manufacturing companies. Moreover, the rise in industrialization is expected to offer lucrative growth opportunities to small manufacturers across the globe.
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The global gas desulfurization market is segmented on the basis of technology, application, and geography. Based on technology, the market is divided into wet FGD systems, spray dry FGD system, and dry FGD system.
The wet FGD systems segment held the largest share in 2018, accounting for more than four-fifths of the market. However, the dry FGD system segment is expected to register the highest CAGR of 5.2% during the forecast period.
This report discusses various aspects of the global flue gas desulfurization systems industry. Based on technology, the wet FGD systems segment is expected to account for the largest share in the market during the forecast period. This is attributed to increased demand from various industries such as power, oil & gas, and mining.
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The global flue gas desulfurization market report includes an in-depth analysis of the major market players such as Mitsubishi Hitachi Power Systems, Ltd (MHPS), Inc., GEA Group Aktiengesellschaft, Babcock & Wilcox Enterprises, Inc., Thermax Ltd., HAMON Group, and GE Power.
Key Findings of the Study:
• The report provides an extensive analysis of the current and emerging flue gas desulfurization system market trends and dynamics.
• The key market players within the flue gas desulfurization systems market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the flue gas desulfurization systems industry.
• The report provides an extensive analysis of the flue gas desulfurization systems market trends and its emerging opportunities.
• In-depth flue gas desulfurization systems market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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