Press release
Flue Gas Desulphurization Market Set to Boom Anticipating Explosive 5.5% CAGR Growth, Surpass USD 31.03 Billion by 2030
Flue Gas Desulphurization Market:Market Outlook:
โข The flue gas desulphurization system market was valued at USD 19.68 billion in 2021.
โข The market is expected to grow at a CAGR of 5.5% from 2022 to 2030.
โข This market is expected to grow to USD 31.03 billion by 2030.
Market Overview:
The process of eliminating sulfur compounds from fossil fuel-powered power plants' exhaust emissions is known as flue gas desulphurization (FGD). This is accomplished by adding absorbents, which can extract up to 95% of the sulfur dioxide from the flue gas. There are basically two different types: dry flue gas desulphurization and wet flue gas desulphurization. In the global market, dry and wet flue gas desulphurization has become the most commonly used technology. Wet FGD systems are typically more expensive than dry FGD systems.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/flue-gas-desulfurization-system-market/request-for-sample
Growth Factors and Opportunities:
The global flue gas desulphurization system market is expected to be driven by key factors like the use of flue gas desulphurization to remove SO2 from gases, government regulations regarding air pollution, and the rise in demand for FGD from the manufacturing, chemical, power generation, iron and steel, cement, and other industries.
Key Market Participants:
The market has the presence of both established players and new entrants. Some of the major players influencing the market are:
โข Andritz AG
โข Babcock & Wilcox Enterprises Inc.
โข China Boqi Environmental (Holding) Co. Ltd.
โข Chiyoda Corporation
โข Doosan Lentjes GmbH
โข Ducon Technologies Inc.
โข FLSmidth & Co.
โข General Electric Company
โข Hamon Group
โข Kawasaki Heavy Industries Ltd.
โข LAB S.A.
โข Marsulex Environmental Technologies
โข Mitsubishi Heavy Industries Ltd.
โข Rafako S.A
โข Shandong Baolan Environmental Protection Engineering Co. Ltd.
โข Steinmuller Engineering GmbH
โข Thermax Ltd.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/flue-gas-desulfurization-system-market/inquire-before-buying
Country-Wise Insights:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Flue Gas Desulphurization Market Table of Contents:
1. Global Flue Gas Desulfurization System Market Insights:
1. Flue Gas Desulfurization System - Industry Snapshot
2. Flue Gas Desulfurization System Market Dynamics
1. Drivers and Opportunities
1. Stringent standards for sulfur oxide emission
2. Increasing number of coal-fired power plants in China and India
2. Restraints and Challenges
1. Emergence and faster adoption of clean energy sources
3. Porter's Five Forces Analysis
1. Bargaining Power of Suppliers (Moderate)
2. Threats of New Entrants: (Low)
3. Bargaining Power of Buyers (Moderate)
4. Threat of Substitute (Moderate)
5. Rivalry among existing firms (High)
4. PESTEL Analysis
5. Flue Gas Desulfurization System Market Industry Trends
6. Value Chain Analysis
7. COVID-19 Impact Analysis
2. Global Flue Gas Desulfurization System Market, by Type:
1. Key Findings
2. Introduction
1. Global Flue Gas Desulfurization System Market, by Type, 2018 - 2030 (USD Billion)
3. Wet FGD Systems
1. Global Flue Gas Desulfurization System Market, by Wet FGD Systems, by Region, 2018 - 2030 (USD Billion)
4. Spray Dry FGD System
1. Global Flue Gas Desulfurization System Market, by Spray Dry FGD System, by Region, 2018 - 2030 (USD Billion)
5. Dry & Semi-dry FGD Systems
1. Global Flue Gas Desulfurization System Market, by Dry & Semi-dry FGD Systems, by Region, 2018 - 2030 (USD Billion)
3. Global Flue Gas Desulfurization System Market, by Installation
1. Key Findings
2. Introduction
1. Global Flue Gas Desulfurization System Market, by Installation, 2018 - 2030 (USD Billion)
3. Greenfield
1. Global Flue Gas Desulfurization System Market, by Greenfield, by Region, 2018 - 2030 (USD Billion)
4. Brownfield
1. Global Flue Gas Desulfurization System Market, by Brownfield, by Region, 2018 - 2030 (USD Billion)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/flue-gas-desulfurization-system-market/toc
Market Segmentation:
โข The global flue gas desulphurization system market is fundamentally segmented based on end-use, type, installation, and region.
โข By type the market is segmented as wet FGD systems, spray FGD systems, and dry & semi-dry FGD systems.
โข The power generation segment, based on the end-user, accounted for the largest portion of the global flue gas desulphurization system market's revenue in 2021, and it is anticipated to continue to do so for some time to come. Coal-fired power plants are the main source of sulfur pollution because they use coals with high sulfur concentrations. Therefore, the dominance of the power-generating segment over other end-use industries is due to more significant power generation.
Polaris Market Research has segmented the flue gas desulfurization system market report based on type, end-use, installation, and region:
Flue Gas Desulfurization System, Type Outlook
โข Wet FGD
โข Spray Dry FGD
โข Dry & Semi-dry FGD
Flue Gas Desulfurization System, End-Use Outlook
โข Power Generation
โข Chemical
โข Iron & Steel
โข Metal Processing and Mining
โข Cement Manufacturing
โข Paper & Pulp
โข Others
Flue Gas Desulfurization System, Installation Outlook
โข Greenfield
โข Brownfield
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Wood Plastic Composites Market: https://www.polarismarketresearch.com/industry-analysis/global-wood-plastic-composites-market
Wood And Laminate Flooring Market: https://www.polarismarketresearch.com/industry-analysis/global-wood-and-laminate-flooring-market
Polypropylene Market: https://www.polarismarketresearch.com/industry-analysis/global-polypropylene-market
Aquafeed Additives Market: https://www.polarismarketresearch.com/industry-analysis/aquafeed-additives-market
High Performance Composites Market: https://www.polarismarketresearch.com/industry-analysis/high-performance-composites-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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