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Flue Gas Treatment Systems Market 2023 - Global Opportunities, Industry Trends, Regional Overview, Key Countries And Forecast To 2032
Flue Gas Treatment Systems Market
The Business Research Company's Flue Gas Treatment Systems Global Market Report 2023 identifies increased construction and reconstruction activities as the major driver for the Flue Gas Treatment Systems market's growth in the forecast period. The construction and reconstruction activities involve clearing land, grading, digging, filling, and any other work related to the building, assembling, altering, installing, or equipping of structures, roadways, or their ancillaries. A flue gas treatment system is helpful in construction activities by removing cement that emits about one tonne of carbon dioxide into the environment.
The global flue gas treatment systems market size is expected to grow from $64.40 billion in 2022 to $68.39 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flue gas treatment systems market size is expected to grow to $84.50 billion in 2027 at a CAGR of 5.4%.
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Major competitors in the Flue Gas Treatment Systems market are AMEC Foster Wheeler plc, Clyde Bergemann Power Group, Doosan Lentjes, FLSmidth & Company A/S.
A key trend in the Flue Gas Treatment Systems market includes technological breakthrough. Major companies operating in the flue gas treatment systems market are focused on developing new technological solutions to strengthen their position. For instance, in November 2021, Wärtsilä Corporation, a Finland-based company engaged in the manufacturing and services of power sources and other equipment, launched a new exhaust gas treatment system from the IQ Series.
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The Flue Gas Treatment Systems market is segmented -
• By Pollutant Control System: Particulate Control, Flue Gas Desulfurization, DeNOx, Mercury Control, Other Pollutant Control System (Volatile Organic Compounds, Dioxins, and Furans)
• By Business Type: System, Service, Other Business Type
• By End-use Industry: Power, Cement, Iron & Steel, Non-Ferrous Metal, Chemical & Petrochemical, Other End-use Industry (Glass, Pharmaceuticals, And Pulp & Paper)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Flue Gas Treatment Systems market.
The Business Research Company's "Global Flue Gas Treatment Systems Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Flue Gas Treatment Systems Market Include:
1. Executive Summary
2. Flue Gas Treatment Systems Market Characteristics
3. Flue Gas Treatment Systems Market Trends And Strategies
4. Flue Gas Treatment Systems Market - Macro Economic Scenario
5. Flue Gas Treatment Systems Market Size And Growth
.........................
26. Africa Flue Gas Treatment Systems Market
27. Flue Gas Treatment Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flue Gas Treatment Systems Market
29. Flue Gas Treatment Systems Market Future Outlook and Potential Analysis
30. Appendix
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