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The global flue gas desulfurization market is expected to exhibit a CAGR of 5.17% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Flue gas desulfurization (FGD) refers to the process of removing sulfur dioxide (SO2) from flue gas, which is produced in boilers and furnaces. It aids in tackling the rising environmental challenges and controlling plant emissions effectively. FGD is generally accomplished through a wet or dry process. Amongst these, dry FGD involves the utilization of lime as a reagent to react and remove gaseous pollutants. On the other hand, wet FGD includes the application of an alkaline-based slurry of lime to scrub gases.
The escalating demand for power on account of rapid urbanization and the widespread dependence on coal for energy generation represents one of the key factors catalyzing the demand for FGD across the globe. Apart from this, there is a rise in the utilization of FGD gypsum in agriculture, panel products, construction, mining, cement production, water treatment and glassmaking applications. It is also utilized as a soil amendment in several soil conditions to improve physical and chemical properties by promoting better aggregation, increasing water infiltration rate and reducing soil and soluble phosphorus loss from agricultural fields. This, in turn, is strengthening the growth of the market. Moreover, FGD by-products are employed in the manufacturing of cement, wallboard, and plaster of Paris (POP). Furthermore, rapid industrialization, coupled with technological advancements in the designing of high-performing and low-cost FGD systems, is fueling the market growth. Moreover, the leading players are launching new products and engaging in merger and acquisition (M&A) activities to expand their reach.
IMARC Group provides an analysis of the key trends in each sub-segment of the global flue gas desulfurization market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and end use.
Breakup by Product Type:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alstom S.A., Andritz AG, Babcock & Wilcox Enterprises Inc., Chiyoda Corporation, Doosan Lentjes, Ducon Technologies Inc., Fujian Longking Co. Ltd., General Electric Company, Hamon Corporation, Mitsubishi Power Ltd., Rafako S.A. and Thermax Limited.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Alstom S.A., Andritz AG, Babcock & Wilcox Enterprises Inc., Chiyoda Corporation, Doosan Lentjes, Ducon Technologies Inc., Fujian Longking Co. Ltd., General Electric Company, Hamon Corporation, Mitsubishi Power Ltd., Rafako S.A. and Thermax Limited|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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