Press release
Flue Gas Desulfurization Systems Market Growth to Reach USD 29.31 Bn by 2030
Flue Gas Desulfurization System Market
The global Flue Gas Desulfurization (FGD) Systems Market is witnessing robust growth as industries and governments intensify efforts to reduce sulfur emissions from power plants and industrial sources. FGD systems, which play a pivotal role in removing sulfur dioxide (SOโ) from exhaust flue gases, are becoming integral to meeting stringent environmental regulations worldwide. The market is expected to grow significantly, driven by increasing awareness of environmental sustainability and the implementation of stricter air quality standards.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Regulatory Pressure: Governments are pushing for the reduction of sulfur emissions to combat air pollution and its negative impact on human health. This has made FGD systems a crucial investment for industrial plants.
Technological Innovations: Newer FGD technologies such as wet and dry scrubbers are gaining popularity, offering better efficiency and lower operational costs.
Rise in Energy Demand: Growing power generation needs in emerging economies necessitate advanced pollution control technologies, including FGD systems.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/2286/
๐๐๐ซ๐ ๐๐ซ๐ฌ & ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
The FGD systems market is experiencing a wave of strategic mergers and acquisitions (M&A), especially in key regions like Vietnam, Thailand, Singapore, Japan, South Korea, and Europe. These mergers are expected to drive innovation and expand production capacities. Notable updates include:
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐: ๐๐ข๐๐ญ๐ง๐๐ฆ, ๐๐ก๐๐ข๐ฅ๐๐ง๐, ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐, ๐๐๐ฉ๐๐ง & ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
Japan: Companies like Mitsubishi Heavy Industries and Hitachi Zosen Corporation have been expanding their FGD operations, with several acquisitions and joint ventures aimed at enhancing their market share in Japan's growing energy sector.
South Korea: Doosan Heavy Industries has acquired several smaller players to strengthen its position in the global market, focusing on large-scale FGD projects for coal-fired power plants.
Vietnam & Thailand: As both countries move towards reducing sulfur emissions, the demand for advanced FGD systems is rising. Local players are partnering with international firms to localize production, which is fueling smaller-scale acquisitions.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐ง๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ: ๐๐๐ฃ๐จ๐ซ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
United States: The U.S. remains a dominant player in the FGD market with leading companies such as General Electric and Alstom (now part of GE Power) continuing to innovate and expand through acquisitions. GE Power's recent acquisition of Schenck Process has allowed for the enhancement of its air pollution control portfolio.
Germany & UK: In Europe, Siemens and Babcock & Wilcox are actively acquiring regional players to extend their FGD product lines and strengthen their position in the renewable energy transition. Siemens' purchase of Fujitsu General has led to enhanced smart grid and FGD integration solutions.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/2286/
๐ ๐ฅ๐ฎ๐ ๐๐๐ฌ ๐๐๐ฌ๐ฎ๐ฅ๐๐ฎ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ง๐ฌ๐ญ๐๐ฅ๐ฅ๐๐ญ๐ข๐จ๐ง
Greenfield
Brownfield
๐๐ฒ ๐๐ฒ๐ฉ๐
Wet flue gas desulfurization System
Dry & Semi-dry flue gas desulfurization System
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ ๐๐ฒ๐ฉ๐
Power Generation
Chemical
Iron & Steel
Cement Manufacturing
Others
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/2286/
๐ ๐ฅ๐ฎ๐ ๐๐๐ฌ ๐๐๐ฌ๐ฎ๐ฅ๐๐ฎ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Mitsubishi Heavy Industries (Japan)
Doosan Lentjes (Germany)
General Electric (US)
Babcock & Wilcox (US)
Siemens (Germany)
RAFAKO (Poland)
FLSmidth (Denmark)
Clyde Bergemann Power Group (UK)
Hamon Corporation (US)
Marsulex Environmental Technologies (US)
Thermax (India)
ANDRITZ (Austria)
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ'๐ฌ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ
Vietnam is fast becoming a hotspot for FGD system deployment as the country grapples with industrial pollution. The Vietnamese government is expected to introduce stricter regulations on sulfur emissions in the coming years, spurring demand for advanced FGD solutions. Recent collaborations between Vietnam Electricity Group (EVN) and global FGD manufacturers are poised to expand system installations across coal-fired plants in the region.
๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Thailand, a key player in Southeast Asia's energy market, is actively expanding its power generation infrastructure. The Electricity Generating Authority of Thailand (EGAT) has announced a significant increase in its budget for FGD system upgrades. This move comes as the country seeks to comply with new regional air quality standards.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ข๐ง ๐ ๐๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
Singapore's focus on sustainable development and eco-friendly technologies has led to a surge in demand for FGD systems. Companies in Singapore are incorporating cutting-edge innovations, such as flue gas recirculation systems and electrostatic precipitators, to improve efficiency. Notably, Keppel Corporation has partnered with several international firms to enhance its environmental control technologies.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/flue-gas-desulfurization-fgd-system-market/2286/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ
๐๐ก๐ ๐ ๐ฅ๐ฎ๐ ๐๐๐ฌ ๐๐๐ฌ๐ฎ๐ฅ๐๐ฎ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ ๐๐ฒ ๐ ๐๐๐ฐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ, ๐ฐ๐ก๐จ ๐๐ซ๐ ๐ฌ๐๐ญ๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฉ๐๐๐ ๐๐จ๐ซ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ:
GE Power: Known for its comprehensive solutions in FGD systems, GE Power continues to lead in the integration of cleaner, more efficient technology. The recent acquisition of Schenck Process positions GE Power to dominate the FGD market in both coal and gas plants globally.
Mitsubishi Heavy Industries: With a strong presence in Japan, Mitsubishi's FGD systems have been part of numerous large-scale projects in Asia and Europe, helping countries reduce sulfur emissions significantly.
Doosan Heavy Industries: The South Korean giant has been enhancing its global footprint through strategic partnerships and acquisitions, positioning itself as a leader in the East Asian market for air pollution control technologies.
Siemens: The European multinational is rapidly expanding its FGD solutions portfolio, acquiring regional companies to bolster its position in both the European and North American markets.
Babcock & Wilcox: Babcock's innovative approach to FGD technology and its strong market presence in North America allows the company to effectively compete with global giants.
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