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Flue Gas Desulfurization Systems Market - Forecast(2024 - 2030)
FGD systems is utilizing in the industry to extract to remove Sulphur dioxide (SO2) from the flue gases, it assist in lowering the amount of SO2 in flue gas and assist greenhouse gas emission. Dry, wet and semi dry FGD systems is the key technology to the market. wet FGD is mostly use in the market that is high priced as compare to the dry FGD system and it have low maintenance and operating cost feature also. Dry FGD system perform efficiently in power plant with the capacity of 300MW while wet FGD system efficiency is more than 300MW. Some of the country is growing the flue gas desulfurization market for thermal power generation, the control of SO2 emission from thermal power plant is examined in developing commercial process.
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The worldwide Flue Gas Desulfurization Systems Market has been analyzed on the basis its types and the process and different absorbers of flue gas desulfurization and their applications. FGD process are segmented as throwaway product, saleable product process. It has many applications in different industry such as to produce the power, to provide energy to metal smelters, and for cement kilns.
What is Flue Gas Desulfurization Systems Market?
Term flue gas desulfurization referred to wet scrubbers which remove Sulphur dioxide (SO2) from emissions of coal combustion. Flue gas desulfurization is commonly named as FGD, this technology is generally used in power plants to extract the Sulphur dioxide (SO2) from the exhaust combustion gases, this combust gases comes when they burn coal or oil to produce steam for turbines that drive electricity generators. In FGD we use acid rain or acid control system interchangeably to segment a wide range of control system design. FGD system can be categorized as dry FGD, semi-dry FGD, and wet FGD system.
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What are the applications of Flue Gas Desulfurization Systems Market?
Flue gas desulfurization system has various role to the environment, their sub process such as lime plays a key role to air pollution control. It has many typical industrial application such as pollution control in utility combustion in industry like stationary coal and oil fired, other combustion unit such as medical and municipal waste incinerators, petroleum refineries, glass furnaces, metal smelters, and cement and lime kilns manufacturing facilities.
Market Research and Market Trends of Flue Gas Desulfurization Systems Market:
Many of the country with high pollution rate are working for new advanced feature of FGD system, which is one of the outcomes to their continuous innovation over years. This new AFGD system is more efficient as compare to FGD system efficiency.
FGD scrubbers system creates a wastewater stream which contains high suspended solids, metals and chloride content that is very difficult to handle and recycling for reuse in power plant. So without disposing that waste water they take it into the Zero-liquid discharge (ZLD) water treatment process which completely recycle water under certain limitations.
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Who are the Major Players of Flue Gas Desulfurization Systems Market?
The major players in this market are Siemens, Chinaboqi, Babcock & Wilcox Company and XX other companies.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
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Flue Gas Desulfurization System Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033
The flue gas desulfurization system global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Flue Gas Desulfurization System Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The flue gas desulfurization system market size has grown strongly in recent years. It will grow from $19.59 billion in 2023 to $20.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%.The growth in the historic period can be attributed to stringent environmental regulations, rising global focus on air quality, increased coal-fired power generation, public awareness and environmental activism, expansion of industrial manufacturing.
The flue gas desulfurization system market size is expected to see strong growth in the next few years. It will grow to $26.25 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.The growth in the forecast period can be attributed to transition to renewable energy, market expansion for fgd by-products, government support for clean energy, increasing use of natural gas, focus on circular economy practices. Major trends in the forecast period include integration of digital technologies, shift towards dry fgd technologies, byproduct utilization, collaborations and partnerships, technological advancements in fgd systems.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The increasing number of coal-fired power plants is expected to propel the flue gas desulfurization system market. Coal-fired power plants refer to power stations that generate electricity by burning coal. The increasing number of coal-fired power plants requires flue gas desulfurization systems to reduce the emission of harmful gases. For instance, in August 2022, according to the U.S. Energy Information Administration, a US-based principal agency for collecting, analyzing, and disseminating energy information, published an article according to which in the US the coal-fired generation of power has increased by 16% to reach 898,679 GWh in 2021 . Therefore, the increasing number of coal-fired power plants is driving the growth of the flue gas desulfurization system market.
Market Trends - Collaboration is a key trend in the flue gas desulfurization system market. Major players are associating themselves with various companies to sustain in the market. For instance, in January 2022, General Electric (GE), a US-based conglomerate, associated with Apollo International Limited for MB Power Madhya Pradesh Ltd to design the whole Wet Flue Gas Desulfurization (WFGD) system. The project entails the design, engineering, and supply of vital WFGD system components. Once completed, it will help the client clean 7.4 million cubic meters of flue gas per hour and eliminate 51,000 tons of SO2 annually.
The flue gas desulfurization system market covered in this report is segmented –
1) By Type: Wet FGD Systems, Spray Dry FGD System, Dry and Semi-dry FGD Systems 2) By Installation: Greenfield, Brownfield 3) By End-Use: Power Generation, Chemical, Iron and Steel, Metal Processing and Mining, Cement Manufacturing, Paper and Pulp, Other End Uses
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Regional Insights - Asia-Pacific was the largest region in the flue gas desulfurization system market share in 2023. The regions covered in the flue gas desulfurization system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the flue gas desulfurization system market report are Mitsubishi Heavy Industries Ltd., General Electric Company, Doosan Lentjes GmbH, Babcock & Wilcox Enterprises Inc., Rafako S.A, Siemens AG, FLSmidth & Co. A/S, Hamon Corporation, Marsulex Environmental Technologies Corporation, Thermax Limited, Ducon Technologies Inc., Clyde Bergemann Power Group, Andritz AG, Valmet Corporation, Hitachi Power Systems America Ltd., Chiyoda Corporation, China Energy Engineering Group Co. Ltd., Tri-Mer Corporation, Umicore, Veolia Water Technologies, Wärtsilä Corp., Wheelabrator Technologies Inc., Xcel Energy Inc., Yokogawa Electric Corporation, Zhejiang Feida Environmental Science & Technology, Zhejiang DunAn Artificial Environment, Zhejiang Shuanghuan Environmental Protection, Dürr AG, GEA Group AG
Table of Contents 1. Executive Summary 2. Flue Gas Desulfurization System Market Report Structure 3. Flue Gas Desulfurization System Market Trends And Strategies 4. Flue Gas Desulfurization System Market – Macro Economic Scenario 5. Flue Gas Desulfurization System Market Size And Growth ….. 27. Flue Gas Desulfurization System Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Flue Gas Desulfurization (FGD) Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2033
The global flue gas desulfurization (FGD) system market is expected to have a compound annual growth rate (CAGR) of 5.1% from 2023 to 2033. In 2023, the market is expected to be worth USD 22,252.3 million and to reaching a value of USD 36,593.3 million by 2033.
The Flue Gas Desulfurization (FGD) market pertains to the industry involved in the reduction of sulfur dioxide emissions from industrial processes, particularly those related to power generation and combustion of fossil fuels. FGD systems are designed to remove sulfur dioxide (SO2) from flue gases before they are released into the atmosphere, thereby mitigating air pollution and environmental damage associated with acid rain, smog, and respiratory illnesses.
Driven by stringent environmental regulations, growing public awareness of air quality issues, and the need for cleaner energy production, the FGD market has experienced significant growth in recent years. Power plants, refineries, chemical plants, and other industrial facilities are increasingly adopting FGD technologies to comply with emissions standards and reduce their environmental footprint.
FGD systems typically employ various methods, including wet scrubbing, dry scrubbing, and semi-dry scrubbing, to remove sulfur dioxide from flue gases. Wet scrubbing involves the use of alkaline solutions such as limestone or lime to react with sulfur dioxide and produce calcium sulfite or sulfate, which can be disposed of or recycled. Dry scrubbing utilizes sorbent materials such as activated carbon or sodium bicarbonate to absorb sulfur dioxide from flue gases, while semi-dry scrubbing combines elements of both wet and dry processes for sulfur removal.
The FGD market is characterized by technological advancements aimed at improving efficiency, reliability, and cost-effectiveness of FGD systems. Innovations such as advanced scrubber designs, optimized reagent utilization, and integration with other pollution control technologies enhance the performance and competitiveness of FGD solutions.
Furthermore, the FGD market is influenced by factors such as fuel type, plant size, regulatory requirements, and economic considerations. Coal-fired power plants, in particular, represent a significant market segment for FGD systems due to the high sulfur content of coal and the stringent emissions limits imposed by environmental regulations. However, the market is also expanding to include other industries such as oil and gas, cement production, and metal smelting, where FGD technologies can help mitigate air pollution and comply with emissions standards.
Trends: Identify and analyze trends relevant to the market you're researching. This could include shifts in consumer behavior, industry regulations, technological advancements, or changes in market demand. Look at both short-term and long-term trends to provide a comprehensive view.
Technological Developments: Highlight the latest technological innovations impacting the market. This might involve advancements in automation, artificial intelligence, IoT (Internet of Things), blockchain, or any other relevant technologies. Discuss how these developments are shaping the industry landscape and driving change.
Analysis: Conduct a thorough analysis of the market, including SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis, Porter's Five Forces analysis, and any other relevant analytical frameworks. Assess market dynamics, competitive landscape, and barriers to entry. Provide insights into market segmentation, customer demographics, and buying behavior.
Growth Drivers: Identify the primary drivers fueling market growth. This could include factors such as increasing demand for certain products or services, expansion into new geographic regions, rising disposable income levels, technological advancements driving innovation, or favorable regulatory policies. Quantify the impact of these drivers on market growth wherever possible.
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Market Segmentations:
Global Flue Gas Desulfurization (FGD) Market: By Company Mitsubishi Heavy Industries General Electric Doosan Lentjes Babcock & Wilcox Enterprises Rafako Siemens Flsmidth Hamon Corporation Clyde Bergemann Power Group Marsulex Environmental Technologies Thermax andritz
Global Flue Gas Desulfurization (FGD) Market: By Type Wet FGD System Limestone Seawater Dry & Semi-dry FGD System Others
Global Flue Gas Desulfurization (FGD) Market: By Application Iron & Steel Industry Cement Manufacturing Industry Power Generation Chemical Industry Others
Regional Analysis of Global Flue Gas Desulfurization (FGD) Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Flue Gas Desulfurization (FGD) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Challenges: Identify and discuss the challenges that the market is currently facing. These challenges could include regulatory hurdles, economic instability, supply chain disruptions, intense competition, changing consumer preferences, or technological limitations. Provide insights into how these challenges are impacting the industry and potentially hindering growth or innovation.
Future Outlook: Offer a forward-looking perspective on the market's trajectory. Based on the analysis conducted earlier, forecast the future direction of the market. Consider factors such as emerging technologies, shifting consumer behaviors, regulatory changes, and global economic trends. Discuss potential opportunities that may arise in the future and how stakeholders can capitalize on them. Additionally, highlight potential threats or disruptions that could impact the market landscape.
Mitigation Strategies: Suggest mitigation strategies to address the challenges identified and capitalize on future opportunities. This could involve recommendations for businesses to adapt their strategies, invest in R&D, forge strategic partnerships, or diversify their product/service offerings. Provide actionable insights that stakeholders can use to navigate uncertainties and position themselves for success in the evolving market environment.
Key Report Highlights:
Key Market Participants: The report delves into the major stakeholders in the market, encompassing market players, suppliers of raw materials and equipment, end-users, traders, distributors, and more.
Comprehensive Company Profiles: Detailed company profiles are provided, offering insights into various aspects including production capacity, pricing, revenue, costs, gross margin, sales volume, sales revenue, consumption patterns, growth rates, import-export dynamics, supply chains, future strategic plans, and technological advancements. This comprehensive analysis draws from a dataset spanning 12 years and includes forecasts.
Market Growth Drivers: The report extensively examines the factors contributing to market growth, with a specific focus on elucidating the diverse categories of end-users within the market.
Data Segmentation: The data and information are presented in a structured manner, allowing for easy access by market player, geographical region, product type, application, and more. Furthermore, the report can be tailored to accommodate specific research requirements.
SWOT Analysis: A SWOT analysis of the market is included, offering an insightful evaluation of its Strengths, Weaknesses, Opportunities, and Threats.
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Global Top 5 Companies Accounted for 77% of total Flue Gas Desulfurizer (FGD) market (QYResearch, 2021)
Flue gas desulfurizer (FGD) is equipment which can remove sulfur dioxide (SO2) from flue gas emissions, often chemically. Sulfur dioxide in gases is produced by the combustion of fossil fuels and many industrial processes such as gasoline refining as well as cement, paper, glass, steel, iron and copper production. Sulfur dioxide emissions are a primary contributor to acid rain and have been regulated by every industrialized nation in the world.
FGD processes vary depending on the amount of SO2 involved, the solution being used to absorb the SO2, and the particular equipment used in the absorption tower.
According to the new market research report “Global Flue Gas Desulfurizer (FGD) Market Report 2023-2029”, published by QYResearch, the global Flue Gas Desulfurizer (FGD) market size is projected to reach USD 6.29 billion by 2029, at a CAGR of 5.0% during the forecast period.
Figure. Global Flue Gas Desulfurizer (FGD) Market Size (US$ Million), 2018-2029
Figure. Global Flue Gas Desulfurizer (FGD) Top 12 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Flue Gas Desulfurizer (FGD) include MHPS, GE Steam Power, BHEL, Beijing SPC, Longking, SPIC Yuanda, Longyuan, Thermax, Ducon, Babcock & Wilcox, etc. In 2020, the global top five players had a share approximately 77.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Rising Prevalence of Airborne Diseases Contribute to Global Flue Gas Desulfurization Market Growth
As per Inkwood Research, the Global Flue Gas Desulfurization Market is expected to record a CAGR of 4.90% in terms of revenue during 2023-2032.
“Browse 43 Market Data Tables and 43 Figures spread over 211 Pages, along with an in-depth TOC on the Global Flue Gas Desulfurization Market Forecast 2023-2032.”
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FGD systems were created in response to the release of exhaust, or flue gases, from primarily coal-burning power plants, which presented significant environmental and public health risks. Various techniques can be used to eliminate S02 from flue gases. In the case of a standard coal-fired power plant, FGD systems are capable of eliminating 95% of the SO2 found in the flue gases. FGD predominantly utilizes two approaches for filtering emissions (dry or wet scrubbing) to ensure that coal-burning plants conform to the regulations established by the EPA's Effluent Limitation Guidelines (ELG).
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Rising Prevalence of Airborne Diseases Boosts Market Growth
The increasing demand for Flue Gas Desulfurization (FGD) technologies is significantly driven by the growing concerns in the realm of public health regarding airborne diseases. Airborne diseases pose a grave threat to public well-being, with their severity often heightened by pollutants like sulfur dioxide (SO2) emanating from industrial and power generation sources. Sulfur dioxide stands as a critical element of air pollution and is notorious for exacerbating respiratory issues, triggering asthma attacks, and causing various other respiratory ailments.
Exposure to elevated levels of sulfur dioxide can result in irritation of the respiratory tract, manifesting in symptoms such as coughing, breathlessness, and wheezing. This aggravates the condition of individuals already grappling with respiratory problems like asthma or chronic bronchitis. Furthermore, prolonged exposure to sulfur dioxide can lead to a decrease in lung function, especially in children, rendering them more susceptible to respiratory infections and diseases.
Power Generation: Prominent Application in terms of Revenue and Volume
Flue-gas desulfurization (FGD) systems have been in use since the late 1960s to reduce the release of sulfur dioxide (SO2) from coal-fired power plants. Among the coal combustion products (CCPs), the solids generated by FGD systems rank as the second-largest in terms of volume, with fly ash being the only stream that surpasses it. This chapter delves into the description of the various types of FGD systems currently in operation and the solid byproducts they generate.
To mitigate the negative environmental impact of sulfur oxides (SO2 and SO3), many power plants and industrial facilities employ flue-gas desulfurization (FGD) scrubbers to eliminate these compounds from combustion gases. The conditions within a scrubber and related installations are extremely harsh, cumulative, and result in corrosion issues for conventional engineering materials. Such failures pose long-term environmental threats.
Asia-Pacific: Prominent Region in terms of Revenue and Volume
Governments across the Asia-Pacific region have introduced stringent emission regulations to combat air pollution and improve air quality. FGD systems help industries and power plants meet these standards by removing harmful sulfur emissions. Also, coal remains a dominant energy source in Asia-Pacific, especially in countries like China and India. FGD systems are widely adopted in coal-fired power plants to reduce sulfur emissions, and this trend is expected to persist.
The ever-changing regulatory environment and the ongoing requirement to adhere to evolving emission standards continue to heighten competition, driving companies to allocate resources towards research and development in order to sustain their competitive advantage. Some of the leading companies in the market include Thermax Ltd, Doosan Lentjes GmbH, General Electric Company, Mitsubishi Hitachi Power Systems Ltd, etc.
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Synthetic Gypsum Market: Global Demand Analysis & Opportunity Outlook 2035
Research Nester’s recent market research analysis on “Synthetic Gypsum Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global synthetic gypsum market in terms of market segmentation by application, end user, and by region.
Increasing Sustainable Construction Practices to Promote Global Market Share of Synthetic Gypsum
The construction industry's increasing focus on sustainable practices has fueled the demand for synthetic gypsum. For example, LEED (Leadership in Energy and Environmental Design) certification, a globally recognized green building rating system, encourages the use of sustainable construction materials like synthetic gypsum. The growth of infrastructure development, particularly in emerging economies, has contributed to the demand for synthetic gypsum for construction purposes.
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The use of synthetic gypsum helps in reducing greenhouse gas emissions and conserving natural resources. Additionally, the growing construction activities, particularly in developing countries, have boosted the demand for synthetic gypsum. Over the years, a number of countries have been investing in testing, process design, and the use of state-of-the-art gypsum processing equipment. Several players in the synthetic gypsum market are adding value-added products to end users. The increased adoption of gypsum boards among construction companies owing to the ease of installation, fire resistance, and non-toxicity is also influencing the market. The gypsum-board face paper is gaining popularity as the recycling processes have also improved especially in developed nations.
Growth Drivers:
• Growing Environmental Regulations
• Increasing Agricultural Benefits
Challenges:
Synthetic gypsum faces competition from other substitutes or alternative materials, such as natural gypsum, phosphogypsum, and industrial byproducts like fly ash. These materials may be readily available or have cost advantages in specific regions, which can impact the demand and market penetration of synthetic gypsum. The synthetic gypsum industry must adhere to various environmental and regulatory standards related to waste disposal, emissions, and product quality.
By application, the global synthetic gypsum market is segmented into construction materials and agriculture. The agriculture segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The growth of the segment is attributed to soil improvement and nutrient management. Synthetic gypsum is used as a soil amendment to improve soil structure, water retention, and nutrient availability. It improves the cation exchange capacity (CEC) of soil, helping retain essential nutrients and preventing leaching, thus promoting better nutrient management.
By region, the synthetic gypsum market in the Europe region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be owed to stringent environmental regulations. Europe has implemented strict environmental regulations aimed at reducing emissions and promoting sustainable practices, leading to the increased adoption of flue gas desulfurization (FGD) systems and the production of synthetic gypsum. Ongoing infrastructure development projects, as well as renovation and modernization activities, have contributed to the demand for construction materials like synthetic gypsum in Europe.
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Global Flue Gas Desulfurization Market Trends for 2023-2030
As per Triton Market Research, the Global Flue Gas Desulfurization Market report is segmented by Technology (Wet FGD Systems, Spray Dry FGD Systems, Dry FGD Systems), Application (Power Generation, Chemicals, Iron and Steel, Cement Manufacturing, Other Applications), and Regional Outlook (North America, Middle East and Africa, Asia-Pacific, Europe, Latin America).
The report highlights the Market Summary, Industry Outlook, Impact Analysis, Porter’s Five Forces Analysis, Market Maturity Analysis, Regulatory Framework, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2030).
As per Triton’s research report, the global market for flue gas desulphurization is anticipated to progress with a CAGR of 4.93% over the forecasting years 2023-2030.
Flue gas desulfurization is a process to extract sulfur dioxide from the fossil fuel emissions of power plants. It has multiple applications across the coal, chemical, iron, and steel industries.
In order to curb the hazardous effects of sulfur dioxide on the environment and human health, industries are focused on reducing the sulfur content from emissions by adopting flue gas desulfurization systems. Additionally, the strict emission norms by the regulatory authorities to maintain clean air, improve air quality, and reduce degradation have the potential to drive demand for FGD systems. Industries also have an alternative to adopt tailored FGD solutions to cater to their specific needs.
However, slowdown in industrial activities, a reduction in industrial operations, a decline in investments, and slow production are some impacts during economic slowdown. Along with this, an inclination towards renewable energy hinders the growth of flue gas desulfurization market.
Asia-Pacific is anticipated to witness the fastest growth in the flue gas desulfurization market. Surrounded by developing countries, this region has tremendous scope to expand its industrial landscape to cater to economic needs. An increasing number of industries pose a threat to the environment. In this regard, installing FGD systems will become a top priority for the new industries. Thus, it will create a huge demand for the studied market in the coming years. However, the rise of renewable energy has a significant scope to challenge the market as countries slowly move towards achieving a green economy.
The major competitive companies in the flue gas desulfurization market are Babcock & Amp, Chiyoda Corporation Doosan Lentjes GmbH, Fujian Longking Co Ltd, Andritz AG, Hamon Group, Thermax Ltd, Rafako SA, Mitsubishi Hitachi Power Systems Ltd, Harsulex Environmental Technologies, Flsmidth AS, John Wood Group Plc, Ducon Technologies Inc, Kawasaki Heavy Industries Ltd, Willcox Enterprises Inc, and Ducon Technologies Inc.
The technical complexity and lack of specialized knowledge to design and manufacture FGD systems are potential barriers to the new market players. Companies are encouraged to go for Zero Liquid Discharge (ZLD) using other alternatives to mitigate sulfur dioxide emissions, which pose a significant threat to the FGD market. Technological advancements and new solutions prompt companies to have a competitive edge and stay ahead in terms of environmental compliance.
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Flue Gas Desulfurization Systems Market will witness the world's highest growth between 2022-2028
The global “Flue Gas Desulfurization Systems Market” report 2022 highlights all of the dynamic elements affecting key growth factors, as well as the most recent trends and developments in the global industry. It gives a complete understanding of key manufacturers’ business development plans, current industry condition, growth areas, and future scope. The Flue Gas Desulfurization Systems market research seeks to give regional development, market driving factors, and sales revenue. With numerous research approaches such as SWOT and PESTLE analysis, it provides extensive research and analysis of key elements and emphasizes current market circumstances. In addition, the study contains valuable information on global players’ future plans and possibilities.
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In accordance with the Flue Gas Desulfurization Systems market is set to grow at a CAGR of 5.6% over a forecast period (2022-2028).
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Flue Gas Desulfurization (FGD) Systems - Global Market Research and Forecast, 2015-2025
The Flue Gas Desulfurization (FGD) Systems report provides an independent information about the Flue Gas Desulfurization (FGD) Systems industry supported by extensive research on factors such as industry segments
size & trends, inhibitors, dynamics, drivers, opportunities & challenges, environment & policy, cost overview, porter’s five force analysis, and key companies profiles including business overview and recent development.
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The report would be based on industry data clearly referenced from authentic and reliable information sources such as statistics, industry associations, website of ministry and companies etc. market research reports, magazines, trade journals, annual reports, presentations, telephone interview etc.
The report includes regions as follows:
North America
US
Canada
Mexico
Europe
UK
Sweden
Germany
Spain
Russia
France
Rest of Europe
Asia & Pacific
China
Japan
India
Korea
Australia
Southeast Asia
Rest of Asia & Pacific
LAMEA
Latin America
Middle East
Africa
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Table of Contents:
1 EXECUTIVE SUMMARY
2 METHODOLOGY
3 TRENDS AND DRIVERS
3.1 Flue Gas Desulfurization (FGD) Systems Market Size and Trends
3.2 Opportunities in Flue Gas Desulfurization (FGD) Systems
3.3 Market Inhibitors
4 MARKET DYNAMICS
4.1 Flue Gas Desulfurization (FGD) Systems Industry Chain
4.2 Flue Gas Desulfurization (FGD) Systems Cost Analysis
4.3 Flue Gas Desulfurization (FGD) Systems Pricing Strategy
4.4 Distribution Structure
4.5 Enter Strategy
5 MARKET AND TECHNICAL CHALLENGES
5.1 Commercialization Stage
5.2 Economic Impact
5.3 Competitive landscape Overview
5.4 Regulatory/Government policy
6 PORTERS FIVE FORCE ANALYSIS
6.1 Threat of New Entrants
6.2 Bargaining Power of Suppliers
6.3 Bargaining Power of Buyers
6.4 Threat of Substitute
6.5 Segment Rivalry
7 Value Chain Analysis
7.1 Upstream Overview
7.2 Companies Distribution
7.3 Brand and Processing
7.4 Distribution Channel
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Global Air Quality Control Systems Market
Global Air Quality Control Systems Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of around XX % during a forecast period.
Global Air Quality Control Systems Market, By RegionThe air quality control systems market is expected to grow in the forecast period owing to the massive growth of cement industries and coal and gas-fired power plants. Stringent environment regulations for controlling air pollution is further expected to boost the market growth. The report has covers data over the industries and markets, technologies and abilities of the market. It collects the facts and figures over the revenue of the global market and conditions. Air Quality Control Systems are the systems that are used in heavy energy-producing industries such as oil and gas refineries and coal-based power plants to minimize the number of pollutants produced by them during production operation.
The air quality control systems market has shown remarkable progress in recent years and is also showing attractive market potential for the future. Demand for air quality control systems is primarily increasing due to the rising demand for energy across the globe. The air quality control systems offer solutions for controlling and handling of air, gases, and contaminants to provide cleaner air discharge. However, the adoption of renewable energy source may hamper the market growth. On the other hand, retrofitting in older industrial plants for monitoring air quality is likely to showcase opportunities for the air quality control systems market during the forecast period. The power generation application segment accounted for the largest XX% share of the total Asia-Pacific air quality control systems market. Air quality control systems are capable of extremely reducing air pollution releases from coal-fired power plants, in turn creating huge demand for these systems. Region-wise, the Asia Pacific has been leading the air quality control systems market and is anticipated to continue on the dominant position in the years to come, states the market study.
Rapid industrialization in emerging economies such as India and China is the main factor behind the dominance of the Asia Pacific air quality control systems market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Air Quality Control Systems Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Air Quality Control Systems Market.
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Scope of the Global Air Quality Control Systems Market Global Air Quality Control Systems Market, By Product Type • Flue Gas Desulfurization • Electrostatic Precipitators • Nitrogen Oxide Control Systems • Scrubber & Mercury Control Systems • Other Global Air Quality Control Systems Market, By Application • Power • Cement Manufacturing • Iron and Steel Industry • Chemicals • Others Global Air Quality Control Systems Market, By Region • North America • Europe • Asia Pacific • Middle East & Africa • South America Kay players operating in the Global Air Quality Control Systems Market • Babcock & Wilcox Company • Mitsubishi Hitachi Power Systems • Foster Wheeler • Honeywell • EMERSON • TSI • Horiba • HACH • Aeroqual • Thermo Fisher • 3M • ABB • Enviro Technology • Cerex Monitoring Solutions • Perkinelmer • PINE • PCE Instruments • Tisch • Teledyne • AdvanticSYS • FPI • SAIL HERO • UNIVERSTAR • SDL • Skyray Instrument • Nova Fitness • Beijing Indoor Environment
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Global Flue Gas Desulfurization Systems Market Supply-Demand Scenario, Potential Challenges, Driving Factor Segment, SWOT Analysis 2027
Global Flue Gas Desulfurization Systems Market: size is expected to reach nearly US$ 126.34 Bn by 2027 with the CAGR of 12.5% during the forecast period.
Global Flue Gas Desulfurization Systems Market Overview:
This Global Flue Gas Desulfurization Systems Market study's purpose is to give an overview of the Global Flue Gas Desulfurization Systems market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Global Flue Gas Desulfurization Systems companies, as well as notable industry trends and prospects.
Market Scope:
The research also focuses on the top industry players in the Global Flue Gas Desulfurization Systems market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.
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Global Flue Gas Desulfurization Systems Market Dynamic:
The Global Flue Gas Desulfurization Systems Market dynamics are thoroughly studied and explained in the report, which helps reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at global and regional level for the Global Flue Gas Desulfurization Systems Market. Abstract discussion about market dynamics is given below:
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Global Flue Gas Desulfurization Systems Market Segmentation:
Increasing consumption of energy in manufacturing plants is the major reason for harmful industrial emissions, which cannot be avoided at large. These emissions may include nitrogen oxide (NOx), sulfur oxide (SO2), sulfuric acid mist, mercury and particulate, which may cause an adverse effect to environment, living species and non-living infrastructure as well. As a consequence, it is becoming vital to introduce highly efficient technologies to remove these harmful gases.
In addition, increasing public pressure on regulators to mandate consideration of alternatives to coal-fired thermal generation is on the escalation. Moreover, stringent emission standards have enforced by various governments to limit air pollution formed by industries. These rigid regulations have made compulsion on the industry players to install or upgrade their existing Flue Gas Desulfurization Systems in their manufacturing plants, thereby supplementing the growth of the flue gas desulphurization market.
Global Flue Gas Desulfurization Systems Market Key Players:
• Mitsubishi Heavy Industries • General Electric • Doosan Lentjes • Babcock & Wilcox Enterprises • Rafako • Siemens • Flsmidth • Hamon Corporation • Clyde Bergemann Power Group • Marsulex Environmental Technologies • Thermax • Andritz • Ducon Technologies • Chiyoda Corporation • China Boqi Environmental (Holding) • Burns & Mcdonnell • Lonjing Environment Technology • Lab • Valmet • Kawasaki Heavy Industries • Macrotek • Aecom • Ppel- Power Plant Engineers • Beijing Guodian Longyuan Environmental Engineering • China Everbright International
Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Global Flue Gas Desulfurization Systems market in these regions.
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COVID-19 Impact Analysis on Global Flue Gas Desulfurization Systems Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Global Flue Gas Desulfurization Systems market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Global Flue Gas Desulfurization Systems Market Report are:
Which product segment had the largest share in the Global Flue Gas Desulfurization Systems market in 2020?
How is the competitive landscape of the Global Flue Gas Desulfurization Systems market?
Which are the key factors aiding the Global Flue Gas Desulfurization Systems market growth?
Which region holds the maximum share in the Global Flue Gas Desulfurization Systems market?
What will be the CAGR of the Global Flue Gas Desulfurization Systems market during the forecast period (2021-2027)?
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The FGD systems market is projected to grow from USD 19.3 billion in 2021 to USD 24.9 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. The FGD systems market has been witnessing consistent growth owing to the increasing concerns regarding environmental pollution, growing prevalence of airborne diseases, and enforcement of environmental laws & regulations. The rise in demand for FGD systems from the power generation, chemical, iron & steel, and cement & manufacturing industries is expected to drive the market globally. Stringent environmental regulations focused on the control of excessive industrial sulfur dioxide emissions are further expected to drive the growth of the market during the forecast period.
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Rising Prevalence of Airborne Diseases Contribute to Global Flue Gas Desulfurization Market Growth
As per Inkwood Research, the Global Flue Gas Desulfurization Market is expected to record a CAGR of 4.90% in terms of revenue during 2023-2032.
“Browse 43 Market Data Tables and 43 Figures spread over 211 Pages, along with an in-depth TOC on the Global Flue Gas Desulfurization Market Forecast 2023-2032.”
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FGD systems were created in response to the release of exhaust, or flue gases, from primarily coal-burning power plants, which presented significant environmental and public health risks. Various techniques can be used to eliminate S02 from flue gases. In the case of a standard coal-fired power plant, FGD systems are capable of eliminating 95% of the SO2 found in the flue gases. FGD predominantly utilizes two approaches for filtering emissions (dry or wet scrubbing) to ensure that coal-burning plants conform to the regulations established by the EPA's Effluent Limitation Guidelines (ELG).
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Rising Prevalence of Airborne Diseases Boosts Market Growth
The increasing demand for Flue Gas Desulfurization (FGD) technologies is significantly driven by the growing concerns in the realm of public health regarding airborne diseases. Airborne diseases pose a grave threat to public well-being, with their severity often heightened by pollutants like sulfur dioxide (SO2) emanating from industrial and power generation sources. Sulfur dioxide stands as a critical element of air pollution and is notorious for exacerbating respiratory issues, triggering asthma attacks, and causing various other respiratory ailments.
Exposure to elevated levels of sulfur dioxide can result in irritation of the respiratory tract, manifesting in symptoms such as coughing, breathlessness, and wheezing. This aggravates the condition of individuals already grappling with respiratory problems like asthma or chronic bronchitis. Furthermore, prolonged exposure to sulfur dioxide can lead to a decrease in lung function, especially in children, rendering them more susceptible to respiratory infections and diseases.
Power Generation: Prominent Application in terms of Revenue and Volume
Flue-gas desulfurization (FGD) systems have been in use since the late 1960s to reduce the release of sulfur dioxide (SO2) from coal-fired power plants. Among the coal combustion products (CCPs), the solids generated by FGD systems rank as the second-largest in terms of volume, with fly ash being the only stream that surpasses it. This chapter delves into the description of the various types of FGD systems currently in operation and the solid byproducts they generate.
To mitigate the negative environmental impact of sulfur oxides (SO2 and SO3), many power plants and industrial facilities employ flue-gas desulfurization (FGD) scrubbers to eliminate these compounds from combustion gases. The conditions within a scrubber and related installations are extremely harsh, cumulative, and result in corrosion issues for conventional engineering materials. Such failures pose long-term environmental threats.
Asia-Pacific: Prominent Region in terms of Revenue and Volume
Governments across the Asia-Pacific region have introduced stringent emission regulations to combat air pollution and improve air quality. FGD systems help industries and power plants meet these standards by removing harmful sulfur emissions. Also, coal remains a dominant energy source in Asia-Pacific, especially in countries like China and India. FGD systems are widely adopted in coal-fired power plants to reduce sulfur emissions, and this trend is expected to persist.
The ever-changing regulatory environment and the ongoing requirement to adhere to evolving emission standards continue to heighten competition, driving companies to allocate resources towards research and development in order to sustain their competitive advantage. Some of the leading companies in the market include Thermax Ltd, Doosan Lentjes GmbH, General Electric Company, Mitsubishi Hitachi Power Systems Ltd, etc.
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Flue Gas Desulfurization System Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis | ANDRUTZ AG, Macrotek Inc., Carmeuse
Global Flue Gas Desulfurization System Market report from Global Insight Services is the single authoritative source of intelligence on Flue Gas Desulfurization System Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Flue Gas Desulfurization System is a system which is used to remove the sulfur dioxide from the flue gases emitted from the power plants. The system consists of a scrubber, where the flue gases are passed through a solution of limestone or lime. The sulfur dioxide present in the flue gas reacts with the limestone or lime to form calcium sulfate. The calcium sulfate is then removed from the system and the cleaned flue gas is emitted to the atmosphere.
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Key Trends
The key trends in flue gas desulfurization (FGD) system technology are:
1. Increased use of dry FGD systems: Dry FGD systems are becoming increasingly popular because they offer a number of advantages over wet FGD systems. They are less expensive to operate and maintain, and they generate less waste.
2. Increased use of sorbent injection: Sorbent injection is a technology that can be used in both wet and dry FGD systems. It involves injecting a dry sorbent, such as limestone or calcium carbonate, into the flue gas. The sorbent reacts with the sulfur dioxide in the flue gas to form a solid sulfite or sulfate.
Key Drivers
The key drivers of the Flue Gas Desulfurization System market are the stringent government regulations regarding air pollution, the increasing demand for power generation, and the need to reduce emissions of sulfur dioxide.
The government regulations regarding air pollution are becoming more stringent, especially in developed countries. This is resulting in the need to install flue gas desulfurization systems in order to meet the emissions standards.
The increasing demand for power generation is another key driver of the market. The need for electricity is increasing rapidly due to the growing population and the development of industries. This is resulting in the need to set up new power plants, which in turn is driving the demand for flue gas desulfurization systems.
Key Market Segments
By Type
Wet FGD Systems
Dry & Semi-dry FGD Systems
Others
By End-Use
Power Generation
Chemical
Iron & Steel
Others
By Region
North AmericaThe U.S.
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Key Market Players
ANDRUTZ AG
Macrotek Inc.
Carmeuse
GE Power
LAB S.A.
Koch-Glitsch
KraftPowercon
KC Cottrell
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