openPR Logo
Press release

Flue Gas Desulphurization Market Will Generate Record Revenue by 2029

05-10-2023 06:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Flue Gas Desulphurization Market Will Generate Record Revenue

Flue gas desulphurization (FGD) market is expected to grow at a moderate CAGR during the forecast period. The major factors contributing to the growth of the market include the rising demand from the power and energy sector and stringent government regulations for the emission of sulfur dioxide from plants. For instance, the Ministry of Environment, Forest and Climate Change (MoEFCC) has issued a notification no: S.O.3305(E) titled 'Environmental (Protection) Amendment Rules, 2015 dated 7.12.2015, for the reduction of suspended particle emissions from the thermal power plant in India. According to this amendment, units with a capacity less than 500 MW have to comply with emission of SO2 not more than 600 mg/Nm3 and with equal and above 500 MW not more than 200 mg/Nm3 SO2 emission. 

The rising health consciousness among people regarding the harmful effects of sulfur dioxide emitting from the flue of coal-powered plants will propel the growth of the market. FGD is the process used to eliminate the traces of sulfur dioxide (SO2) from the flue gas emissions caused due to fossil fuel-powered plants. The flue gas desulphurization process will eliminate approximately 95% of the SO2 from the emissions. The reagents are required for this process including lime, caustic, ammonia, and sodium bicarbonate.

The major players contributing to the growth of the market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and collaborations, include Andritz AG, Babcock and Wilcox Enterprises Inc., and Thermax Ltd., among others. For instance, in December 2020, Andritz AG received an order to supply critical parts and technology for a seawater flue gas desulphurization plant for the Mundra thermal power station of Tata Projects Ltd. These technologies are integrated with seawater treatment and wet stack. 

To Request a Sample of our Report on Flue Gas Desulphurization (FGD) Market:   https://www.omrglobal.com/request-sample/flue-gas-desulphurization-fgd-market

Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Type
By Application

Regions covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Andritz AG, Babcock and Wilcox Enterprises Inc., Thermax Ltd., Alstom S.A., and Mitsubishi Heavy Industries Ltd.

Flue Gas Desulphurization Market - Segmentation

By Type

Wet FGD
Dry and Semi-Dry FGD

By Application

Power Generation
Chemical
Iron and Steel
Cement Manufacturing
Others

A full Report of Flue Gas Desulphurization (FGD) Market is Available at:   https://www.omrglobal.com/industry-reports/flue-gas-desulphurization-fgd-market

Flue Gas Desulphurization Market - Segmentation by region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @   https://www.omrglobal.com/report-customization/flue-gas-desulphurization-fgd-market
https://www.asiatimeskorea.com/news/2023-2029%eb%85%84%ea%b9%8c%ec%a7%80-%ea%b0%95%eb%a0%a5%ed%95%9c-%ec%84%b1%ec%9e%a5%ec%9d%84-%eb%82%98%ed%83%80%eb%82%b4%eb%8a%94-%ec%9d%98%eb%a3%8c-%ea%b8%b0%ec%88%a0-%ea%b4%80%eb%a6%ac-%ec%8b%9c/459147/
https://www.culturespace.co.kr/news-%eb%ac%b8%ed%99%94%e8%a1%97/%ec%8b%9d%ec%82%ac-%ed%82%a4%ed%8a%b8-%eb%b0%b0%eb%8b%ac-%ec%84%9c%eb%b9%84%ec%8a%a4-%ec%8b%9c%ec%9e%a5%ec%9d%80-%ec%98%88%ec%b8%a1-%ea%b8%b0%ea%b0%842023-2029-%eb%8f%99%ec%95%88-%ec%95%88%ec%a0%95/110073/
https://monblogapple.com/2023/05/08/le-marche-des-biomarqueurs-de-la-steatohepatite-non-alcoolique-nash-connaitra-une-croissance-rapide-dici-2029/
https://revistaeconomiasocial.com/2023/05/08/el-mercado-de-medicamentos-para-la-rinitis-alergica-perenne-experimentara-un-rapido-crecimiento-para-2029/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flue Gas Desulphurization Market Will Generate Record Revenue by 2029 here

News-ID: 3047704 • Views:

More Releases from Orion Market Research

Digital Innovation in Insurance Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Digital Innovation in Insurance Market Size Analysis, Competitive Insights, Lead …
The Global Digital Innovation in Insurance Market is projected to reach around USD 250 billion by 2033, growing at a compound annual growth rate (CAGR) of approximately 9.5% from 2024 to 2033. Digital Innovation in Insurance Market Overview The Digital Innovation in Insurance Market encompasses the integration of advanced technologies such as Artificial Intelligence (AI), Blockchain, the Internet of Things (IoT), and Big Data analytics into the insurance sector. These innovations are
Cigarette Rolling Paper Market - Industry Trends and Forecast to 2033
Cigarette Rolling Paper Market - Industry Trends and Forecast to 2033
The Global Cigarette Rolling Paper Market was valued at approximately USD 2.9 billion in 2024 and is projected to reach around USD 41.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of approximately 34.5% from 2024 to 2033. Cigarette Rolling Paper Market Overview The Global Cigarette Rolling Paper Market has experienced significant growth, driven by increasing consumer preference for hand-rolled cigarettes, particularly among younger and budget-conscious smokers. These papers
Back Glue Market: Emerging Trends and Growth Forecast to 2033
Back Glue Market: Emerging Trends and Growth Forecast to 2033
The Global Back Glue Market is projected to reach around USD 3.0 billion by 2033, growing at a compound annual growth rate (CAGR) of approximately 7.1% from 2024 to 2033. Back Glue Market Overview The Global Back Glue Market encompasses adhesives designed for various applications, including bookbinding, phone back panels, and other industrial uses. Advancements in technology have led to the development of high-performance back glue adhesives, which are anticipated to drive
Autopilot Systems Market Overview: Growth, Share, Value, Size, and Scope
Autopilot Systems Market Overview: Growth, Share, Value, Size, and Scope
The Global Autopilot Systems Market was valued at approximately USD 5.8 billion in 2023 and is projected to reach around USD 10.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of approximately 6.4% from 2024 to 2033. Autopilot Systems Market Overview The Global Autopilot Systems Market encompasses advanced flight control systems designed to automate the navigation and operation of aircraft, reducing the need for manual input by pilots. These

All 5 Releases


More Releases for Flue

Market Growth and Predictions for Flue Gas Desulfurization
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. A recent study by Triton Market Research titled Global Flue Gas Desulphurization Market includes the Global Analysis and Forecasts by Application (Iron and Steel, Power Generation, Cement Manufacturing, Chemicals, Other Applications), Technology (Spray Dry FGD Systems, Wet
Flue Gas Desulfurization Market Growth and Forecasts
Flue Gas Desulfurization Market Growth and Forecasts 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. A recent study by Triton Market Research titled Global Flue Gas Desulphurization Market includes the Global Analysis and Forecasts by Application (Iron and Steel, Power Generation, Cement Manufacturing, Chemicals, Other
Flue Gas Desulfurization Market Growth and Forecasts
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. A recent study by Triton Market Research titled Global Flue Gas Desulphurization Market includes the Global Analysis and Forecasts by Application (Iron and Steel, Power Generation, Cement Manufacturing, Chemicals, Other Applications), Technology (Spray Dry FGD Systems, Wet
Flue Gas Desulfurization Market Growth and Forecasts
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. A recent study by Triton Market Research titled Global Flue Gas Desulphurization Market includes the Global Analysis and Forecasts by Application (Iron and Steel, Power Generation, Cement Manufacturing, Chemicals, Other Applications), Technology (Spray Dry FGD Systems, Wet
Flue Gas Desulfurization Systems Market Industry Analysis - Flue Gas Desulfuriza …
The most recent study offered by Acumen Research and Consulting focuses Flue Gas Desulfurization Systems Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the Flue Gas Desulfurization Systems Market trends in order to assess its current and future potential. Our Flue Gas Desulfurization Systems Market analysis also provides market participants
Flue & Chimney Pipes Market Report 2018: Segmentation by Product (by Chimney Typ …
Global Flue & Chimney Pipes market research report provides company profile for Poujoulat, Halgo Power, Poujoulat, Hamon Corporation, Docherty Group, Selkirk, DuraVent and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also