Evolving Market Trends In The Flue Gas Treatment Systems Industry: Compact Emission Control Devices Reduce Harmful Exhaust Emissions Efficiently

The Flue Gas Treatment Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Flue Gas Treatment Systems Market Size During the Forecast Period?
There has been a robust expansion in the flue gas treatment systems market in the past few years. The market is projected to rise from a value of $71.48 billion in 2024 to $75.5 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.6%. The historic growth of this market can be linked to strict emission standards, heightened awareness towards environment, complications in coal combustion, concerns over health, an increase in gas-fired power plants, efforts to lessen acid rain, and the patterns of global industrialization.

Anticipated robust growth in the flue gas treatment systems market is projected to increase its size to $94.85 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The surge predicted in the forecast period can be traced back to a variety of factors such as the prominence of waste-to-energy plants, the prevalence of carbon capture and storage (ccs), the rise in the usage of natural gas, emphasis on the control of particulate matter, and integration of renewable energy. The forecast period will also be marked by substantial trends like the uptake of air quality control technologies, technological progression, attentiveness to a circular economy, a rise in scrubber installations, the trend towards digitalization and remote monitoring, worldwide expansion of FGT systems, and the inclusion of green solutions.

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What Are the High-Growth Segments in the Flue Gas Treatment Systems Market?
The flue gas treatment systems market covered in this report is segmented -

1) By Pollutant Control System: Particulate Control, Flue Gas Desulfurization, DeNOx, Mercury Control, Other Pollutant Control System (Volatile Organic Compounds, Dioxins, And Furans)
2) By Business Type: System, Service, Other Business Type
3) By End-Use Industry: Power, Cement, Iron And Steel, Non-Ferrous Metal, Chemical And Petrochemical, Other End-Use Industry (Glass, Pharmaceuticals, And Pulp And Paper)

Subsegments:
1) By System: Flue Gas Desulfurization Systems, Selective Catalytic Reduction (SCR) Systems, Electrostatic Precipitators (ESPs)
2) By Service: Installation Services, Maintenance And Repair Services, Consulting And Engineering Services
3) By Other Business Type: Equipment Rental And Leasing, Spare Parts And Components Sales, Training And Support Services

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What Key Drivers Are Expected to Influence Future Flue Gas Treatment Systems Market Growth?
Rising building and re-building actions are predicted to stimulate growth in the flue gas treatment systems market. These operations include land clearance, ground leveling, digging, filling, and other tasks associated with building, assembling, altering, installing, or equipping structures, roads, or their adjacent areas. The flue gas treatment system proves beneficial in construction activities by eliminating cement which releases nearly a ton of carbon dioxide into the atmosphere. For example, a report issued by the United States Census Bureau, a government agency in the US, in 2022, projected total construction expenditure in June 2022 to be about $1,762.3 billion, a 1.5% increase from $1,628.0 billion in June 2021. Moreover, in 2022, year's initial six months saw construction spending reach $848.2 billion, a 10.7% rise from $766.0 billion during the same timeframe in 2021. Consequently, the escalation in building and re-building activity propels the flue gas treatment systems market's expansion.

Which Companies Hold the Largest Share Across Different Flue Gas Treatment Systems Market Segments?
Major companies operating in the flue gas treatment systems market are Babcock & Wilcox Enterprises Inc., Clyde Bergemann Power Group, FLSmidth & Company A/S, General Electric Company, Mitsubishi Hitachi Power Systems Limited, Thermax Limited, Siemens AG, Agilis Technology Ltd., KSB SE & Co KGaA, Howden Group Limited, Sodimate Inc., B&W MEGTEC LLC, BASF SE, Bilfinger SE, Bionomic Industries Inc., CECO Environmental Corp., Dürr AG, Envirotherm GmbH, Fisia Babcock Environment GMBH, Hitachi Zosen Corp., Neumann Systems Group Inc., Steag SCR-Tech Inc., Suez SA, Sulzer Chemtech Ltd., Veolia SA

What Trends Are Driving Growth in The Flue Gas Treatment Systems Market?
Top-tier corporations involved in the flue gas treatment systems market are honing their focus towards the creation of inventive resolutions, for instance, compact emission control devices. These devices aid clients in conforming to genset emission regulations and diminish their environmental footprint by curbing detrimental exhaust emissions. A compact emission control device is described by its diminutive size and its profound efficacy in filtering pollutants like particulate matter and nitrogen oxides. For example, Cummins India Limited, a diesel and natural gas engine manufacturer in India, unveiled the Retrofit Aftertreatment System (RAS) in September 2024. This innovation cuts down Particulate Matter (PM), Carbon Monoxide (CO), and Hydrocarbon (HC) emissions from genset exhaust by up to 90%, while maintaining compactness and cost-effectiveness. Its Diesel Oxidation Catalyst and Particulate Filter technology facilitate adherence to strict emission regulations, thus promoting cleaner air and minimizing maintenance expenses.

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What Are the Emerging Geographies for The Flue Gas Treatment Systems Market Growth?
Asia-Pacific was the largest region in the flue gas treatment systems market in 2024. The regions covered in the flue gas treatment systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Flue Gas Treatment Systems Market?
2. What is the CAGR expected in the Flue Gas Treatment Systems Market?
3. What Are the Key Innovations Transforming the Flue Gas Treatment Systems Industry?
4. Which Region Is Leading the Flue Gas Treatment Systems Market?

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