Flue Gas Desulfurization System Industry to Reach Energy, Mining, Oil and Gas million by 2026 — Exclusive Industry Report Covering Pre and Post COVID-19 Pandemic Market Overviews, Analysis and Forecasts By 2026

Flue Gas Desulfurization System Market

The Flue Gas Desulfurization (FGD) system market is expected to grow at a CAGR of around 5.5% during the forecast period, 2019–2026.

Global warming has become a universal concern today amid soaring temperatures and drastically varying climatic conditions. Rising prevalence of airborne diseases and chronic issues associated with harmful emissions have compelled governments as well as the general population to take cognizance of the rising emission levels and channelize efforts to curb harmful emissions. Developed countries have implemented stringent policies that regulate permissible emission levels and aim to improve air quality.

Flue gas refers to the gases released from a ‘flue’ — a pipe or channel ­from a furnace, boiler, or stem generators such as those in power plants — and comprises nitrogen, carbon dioxide, oxygen, carbon monoxide, nitrogen oxides, and sulfuret dioxide, among others. In several countries, the regulatory framework limits the level of pollutants such as sulfur oxides that can be released into the atmosphere. Flue gas desulfurization refers to the process of removing sulfur oxides from the flue. Coal-fired power plants are the largest source of power generation globally and account for ~37% of the world’s electricity, as per the International Energy Agency. They account for relatively higher emissions than any other energy generating source.

FGD is a technology used to remove sulfuric acid generated from the combustion gases produced during energy generation. Sulfur dioxide is an air pollutant recognized by the Clean Air Act. High SO2 emission causes environmental damage and health issues and also acidifies soil and water. Harmful gases are emitted from natural resources, and the discontinuation of combustion of conventional fuel, such as coal, oil, natural gas, is not possible. Therefore, the requirement of technologies that eliminate hazardous pollutants is a significant factor driving the flue gas desulfurization system market growth.
The system is implied in two technologies: throw away and regeneration. In throw away, the sulfur is discarded in water sludge, and in regeneration, the emitted sulfur is converted into elemental form to be used as feedstock in boilers. Rising demand for the reduction of greenhouse gases on account of growing concern over global climate change will positively impact the flue gas desulfurization system market.

FGD systems find applications in chemical, power generation, cement, and various other industries. The reinforcement of laws to install air quality control machines and follow Zero Liquid Discharge, coupled with waste disposal management, will further encourage market growth. Key players are installing technologies with the least emission and that regenerate waste into useful products. The power industry is investing significantly in combating air pollution by collaborating with competitors to set up manufacturing facilities to deploy advanced technology.

Developing industries and rising population are increasing the demand for renewable resources of energy production. Coal-fired power plants, the primary electricity generators across the globe, are implementing strict measures by installing FGD systems in the plants in order to prevent the emission of harmful gases governments. Rising demand for electricity and stringent government norms to regulate the emission will strengthen the industrial landscape. Ongoing research and development toward the improvisation of FGD technologies to increase absorption efficiency, lower energy consumption, and enhance cost-effectiveness will fuel the flue gas desulfurization system market size.

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The Major Prominent Players Covered in this Report:
Wilcox Company, Ducon Technologies Inc., Hamon Research-Cottrell, Marsulex Environmental Technologies, Siemens Energy, Hitachi Power System America Ltd., RAFAKO, Clyde Bergemann Power Group, and Thermax are among the key players operating in the global flue gas desulfurization system market.

By Technology, Dry, Wet, Others
By Application, Power generation, Chemical, Cement, Others

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Flue Gas Desulfurization System Market Trends:
- The report identifies, determines, and forecasts the Global Flue Gas Desulfurization System Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Flue Gas Desulfurization System Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Flue Gas Desulfurization System Market.

Key Questions Answered in The Report:
What will the Flue Gas Desulfurization System market growth rate?
What are the key factors driving the global Flue Gas Desulfurization System market?
Who are the key manufacturers in the Flue Gas Desulfurization System market space?
What are the market opportunities, market risk, and market overview of the Flue Gas Desulfurization System market?
What are sales, revenue, and price analysis of top manufacturers of the Flue Gas Desulfurization System market?
Who are the distributors, traders, and dealers of the Flue Gas Desulfurization System market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Flue Gas Desulfurization System Industry?
What are sales, revenue, and price analysis by regions of Flue Gas Desulfurization System industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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