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Flue Gas Desulphurization Market Outlook 2029: Presents Market Insights & Depth Analysis

10-30-2023 02:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Flue Gas Desulphurization Market Outlook 2029: Presents Market

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 - 2022-2030
Base year- 2022
Forecast period- 2023-2030

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

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.

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