Press release
Flue Gas Desulfurization System Market Insights by 2031 & Covid-19 Analysis | ANDRUTZ AG, Macrotek Inc., Carmeuse, GE Power, LAB S.A.
Flue Gas Desulfurization System Market
Read more about Flue Gas Desulfurization System Market here:
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Flue Gas Desulfurization System is a system which is used to remove the sulfur dioxide from the flue gases emitted from the power plants. The system consists of a scrubber, where the flue gases are passed through a solution of limestone or lime. The sulfur dioxide present in the flue gas reacts with the limestone or lime to form calcium sulfate. The calcium sulfate is then removed from the system and the cleaned flue gas is emitted to the atmosphere.
Key Trends:
The key trends in flue gas desulfurization (FGD) system technology are:
1. Increased use of dry FGD systems: Dry FGD systems are becoming increasingly popular because they offer a number of advantages over wet FGD systems.
2. Increased use of sorbent injection: Sorbent injection is a technology that can be used in both wet and dry FGD systems. It involves injecting a dry sorbent, such as limestone or calcium carbonate, into the flue gas.
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Key Drivers:
The key drivers of the Flue Gas Desulfurization System market are the stringent government regulations regarding air pollution, the increasing demand for power generation, and the need to reduce emissions of sulfur dioxide.
The government regulations regarding air pollution are becoming more stringent, especially in developed countries. This is resulting in the need to install flue gas desulfurization systems in order to meet the emissions standards. The increasing demand for power generation is another key driver of the market.
Key Market Segments:
The flue gas desulfurization system market report is bifurcated on the basis of type, end-use, and region. Based on type, it is analyzed across wet FGD systems, dry & semi-dry FGD systems, and others. By end-use, it is spread across power generation, chemical, iron & steel, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players:
The flue gas desulfurization system market report includes players such as ANDRUTZ AG, Macrotek Inc., Carmeuse, GE Power, LAB S.A., Koch-Glitsch, KraftPowercon, KC Cottrell , S.A. HAMON, and Thermax Ltd.
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As per Triton's research report, the global market for flue gas desulphurization generated a $21754.15 million revenue in 2022 and is expected to rise with a CAGR of 4.93% over the forecasting years 2023-2030.
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As per Triton's research report, the global market for flue gas desulphurization generated a $21754.15 million revenue in 2022 and is expected to rise with a CAGR of 4.93% over the forecasting years 2023-2030.
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