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Flue Gas Desulfurization Systems Market Worth $25,063.8 Million in 2026 | by Technology, Application

03-05-2021 05:16 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Flue Gas Desulfurization Systems Market

Flue Gas Desulfurization Systems Market

Flue gas desulfurization systems are used to remove sulfur dioxide (SO2) contained in gases formed by the ignition of fossil fuels including coal, oil, automobile tires, municipal solid waste, and several other industrial processes, which include cement, gasoline refining, glass, paper, iron, steel, and copper manufacturing. SO2 releases are a chief contributor to acid rains and have been regulated by each industrial country globally.

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The global flue gas desulfurization (FGD) systems market size was valued at $17,869.1 million in 2018, and is projected to reach $25,063.8 million in 2026, growing at a CAGR of 4.1%.

The increase in popularity of FGD systems in the growing cement and chemical manufacturing industries is also expected to garner to the growth of the global flue gas desulfurization systems market. In addition, growth in awareness about the consequences of air pollution on health among the people and governments of different countries enhances the demand for flue gas desulfurization (FGD) systems; thereby, catering to the development of the market.

The major flue gas desulfurization systems market players are trying to expand and develop their product portfolios to efficiently eliminate the flue gases from industrial plants. For instance, Mitsubishi Hitachi Power Systems, Ltd. based in Japan deals in FGD systems such as wet limestone-gypsum FGD system and seawater FGD system to eliminate SO2 from flue gases generated by furnaces, boilers, and other sources. The Wet Limestone-Gypsum FGD system is of two types, which include double contact flow scrubber (DCFS) and spray tower scrubber.

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Key Segments

By Technology

Wet FGD Systems
Spray Dry FGD System
Dry FGD System

By Application

Power Plants
Chemicals
Cement
Metal Processing and Mining
Manufacturing

By Region

North America
Europe
Asia-Pacific
LAMEA

Key Players

ANDRUTZ AG
Babcock & Wilcox Enterprises, Inc.
Carmeuse
GE Power
GEA Group Aktiengesellschaft
Koch-Glitsch
KraftPowercon
Mitsubishi Hitachi Power Systems, Ltd.
S.A. HAMON
Thermax Ltd.

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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.

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