Press release
Flue Gas Desulfurizer (FGD) Market Size, Share, Statistics, Demand And Revenue, Forecast 2028
The research study on the global Flue Gas Desulfurizer (FGD) market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the Flue Gas Desulfurizer (FGD) market are included in the report.The Flue Gas Desulfurizer (FGD) market is expected to grow at a CAGR of 5.2% over the forecast period (2022-2028), according to Market intelligence data.
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Main Key Players:
MHPS, GE Steam Power, BHEL, Ducon, Babcock & Wilcox, Thermax, Valmet, Doosan, Beijing SPC, Longking, Longyuan, SPIC Yuanda and others.
Recent Developments
In July 2020, General Electric (GE) Steam Power signed an agreement with NTPC Limited, India, for the supply of wet FGD systems for 3 coal-fired power plants. With these wet FGD systems, the company will help NTPC treat approximately 35 million cubic meters per hour of flue gas, meeting India's thermal power plant emission norms for SO2. This agreement also allows GE to strengthen its foothold in the country in which it already has 15.28 GW of SO2 reduction systems.
In February 2020, Mitsubishi Hitachi Power Systems (MHPS) received a 12 year maintenance service extension for the BLCP power station in Thailand. This agreement covers the maintenance of major equipment, including boilers, steam turbines, and flue gas cleaning systems. It will strengthen the service business of the company and boost revenue generation.
In July 2019, Doosan Lentjes announced the delivery and commissioning of two FGD systems in Vietnam. This system deployed seawater FGD technology and was installed at the Vinh Tan 1 power plant, in the Binh Thuan province of Vietnam. Doosan Lentjes' scope of work included engineering and delivery of key FGD equipment along with advisory services for commissioning. This development establishes the company's reputation as a specialist in the delivery of air quality control systems across the global utility, municipality, and industrial sectors.
Dividing the Global Flue Gas Desulfurizer (FGD) Market by Product types and Application
Segmentation By Type:
Dry Flue Gas Desulfurizer
Semi-Dry Flue Gas Desulfurizer
Wet Flue Gas Desulfurizer
Segmentation By Application:
Power Plant
Metallurgy Plant
Building Materials
Others
Market Analysis and Insights: Global Flue Gas Desulfurizer (FGD) Market
Flue Gas Desulfurizer (FGD) Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Flue Gas Desulfurizer (FGD) industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.
The report on the Flue Gas Desulfurizer (FGD) market covers the following region (country) analysis:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
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Key takeaways from the Flue Gas Desulfurizer (FGD) Industry study
- Simplified and insightful comprehensive Flue Gas Desulfurizer (FGD) market analysis
- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges
- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends
- Exact Flue Gas Desulfurizer (FGD) industry valuation
- Future forecasts and Flue Gas Desulfurizer (FGD) market estimations followed by a demand to supply ratio projections
- Competitive benchmarking coupled with competitive analysis
- Key strategic initiatives fuelling Flue Gas Desulfurizer (FGD) market growth
- In-depth assessment of the product, application, and regional segments
- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies
Following are the major TOC of the Flue Gas Desulfurizer (FGD) Market:
Chapter 1: Flue Gas Desulfurizer (FGD) Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Flue Gas Desulfurizer (FGD) Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Flue Gas Desulfurizer (FGD) Market Forecast
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The years considered for the study are as follows:
Base Year: 2021
Estimated Year: 2022
Projected Year: 2028
Forecast Period: 2022 to 2028
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