Flue Gas Desulfurization Market Analysis, Size, Share, Industry Trends Forecast

The global Flue Gas Desulfurization Market was valued at US$ 18,128.01 million in 2019 and is projected to reach US$ 27,655.04 million by 2027; it is expected to grow at a CAGR of 5.6% from 2020 to 2027.

Flue gas desulfurization is a system with a set of technologies used to remove sulphur dioxide (SO2) from the flue gases emitted by the power plants. The system helps in reducing the levels of sulphur dioxide and other greenhouse gas emissions. The stringent environmental regulations are mostly focusing on controlling the excessive sulphur dioxide emissions to increase the demand for flue gas desulfurization system. The demand for flue gas desulfurization is rising across diversified end-use industries. Further, the manufacturers' rapid industrialization and strategic initiative are expected to increase the market's growth.

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Analysis of the Top Market Players:

1. Chiyoda Corporation
2. Ducon
3. General Electric
4. S.A Hamon
5. Mitsubishi Heavy Industries, Ltd.
6. Rafako S.A
7. Valmet
8. Doosan Lentjes
9. Babcock and Wilcox Enterprises, Inc.
10. Marsulex Environmental Technologies

In this report, the market has been segmented on the basis of:

Type (Dry FGD and Wet FGD)
Application (Power Generation, Chemical, Iron and Steel, Cement Manufacturing, and Others)

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Based on type, flue gas desulfurization market is categorized into Dry FGD and Wet FGD. The Dry FGD segment led the flue gas desulfurization market with the highest CAGR in 2019. Dry flue gas desulfurization (Dry FGD) equipment includes many technologies in which SOx reacts with limestone particles in a humid environment to form sulphite. The dry FGD processes comprise furnace/duct sorbent injection using sodium/calcium-based reagent and the spray drier absorber (SDA) technology using slaked lime or limestone a reagent. The spray drier absorber system uses a central gas disperser, a roof gas disperser for dispersing flue gas, and an atomizer to spray the reagent slurry. Inside the SDA system, limestone slurry is atomized and sprayed over flue gas to absorb SOx.
The dry product hence formed is collected in an electrostatic precipitator (ESP). The dry FGDs are economically more feasible for smaller power producing units. Moreover, the dry FGD system provides the proper chemistry and conditions to simultaneously absorb acid gases, sulfur dioxide, and associated heavy metals. This advanced, multi-pollutant control technology improves reagent usage, reduces water consumption, and produces no wastewater streams. Dry flue gas emissions systems have been used for controlling SOx emission and multi-pollutant for many decades across many power plants and end-use sectors such as petrochemical, iron and steel, and pulp and paper.

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