Insights into the Worldwide Flue Gas Desulfurization Industry to 2024 - Featuring Thermax, Hamon & Doosan Lentjes Among Others - ResearchAndMarkets.com
Insights into the Worldwide Flue Gas Desulfurization Industry to 2024 - Featuring Thermax, Hamon & Doosan Lentjes Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Flue Gas Desulfurization (FGD) Market, by Installation (Greenfield Vs. Brownfield & Revamp), by Type (Dry & Semi-dry FGD System Vs. Wet FGD System), by End User (Power Generation, Chemical & Others), by Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The Global Flue Gas Desulfurization (FGD) Market is forecast to grow from $ 15 billion in 2018 to $ 19 billion by 2024, owing to the enforcement of various laws and regulations that mandate SOx emitting industries to install air quality control equipment in their plants across the globe. Flue gas desulfurization is a technology which removes sulfur dioxide (SO2) from the flue gas emitted by fossil fuel power plants prior to its release into the atmosphere.
Flue gas desulfurization (FGD) market is growing across the globe, on account of increasing prevalence of airborne diseases, implementation of environmental laws and regulations, and growing concerns over environmental pollution. Increasing demand for FGD systems from chemicals, power generation, cement manufacturing, iron & steel, and various other industries is also expected to fuel the FGD market, globally, during forecast period.
Global Flue Gas Desulfurization (FGD) Market Segment Insights
In terms of type, flue gas desulfurization market is categorized into dry & semi-dry FGD system and wet FGD system. Of the two types, wet FGD system category is anticipated to account for the majority share in the Global FGD Market during the forecast period, owing to growing adoption of wet FGD systems in several industries backed by their high effectiveness in removing SO2 from flue gas.
Global Flue Gas Desulfurization (FGD) Market Regional Insights
Regionally, Asia-Pacific is expected to continue its market dominance and exhibit the fastest growth in the Global Flue Gas Desulfurization (FGD) Market during the forecast period, on the back of increasing demand for FGD systems from power generation, cement and metal smelting industries in countries like China and India. Moreover, alarming pollution levels and stringent laws introduced by the governments to curb pollution in the region are also anticipated to aid the Asia-Pacific FGD market growth in the coming years.
Companies Mentioned
- General Electric
- Mitsubishi Heavy Industries
- ANDRITZ
- FLSMIDTH
- Babcock & Wilcox
- Thermax
- Hamon
- Doosan Lentjes
- RAFAKO
- CLYDE BERGAMANN
Objective of the Study:
- To analyze and forecast the Global Flue Gas Desulfurization (FGD) Market size, in terms of value.
- To forecast the Global Flue Gas Desulfurization (FGD) Market based on installation, type, end-user and regional distribution.
- To identify drivers and challenges for the Global Flue Gas Desulfurization (FGD) Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Flue Gas Desulfurization (FGD) Market.
- To conduct the pricing analysis for the Global Flue Gas Desulfurization (FGD) Market.
- To identify and analyze the profile of leading players operating in the Global Flue Gas Desulfurization (FGD) Market.
Key Topics Covered:
1. Flue Gas Desulfurization (FGD): Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. After Sale Service
4.3. Service Quality
4.4. Pricing
5. Global Flue Gas Desulfurization (FGD) Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Installation (Brownfield & Revamp, Greenfield)
5.2.2. By Type (Wet FGD System, Dry & Semi-dry FGD System)
5.2.3. By End User (Power Generation, Chemical, Cement Manufacturing, Iron & Steel, Others)
5.2.4. By Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America)
5.2.5. By Company
5.3. Product Map (Installation, Type, End-User, Region)
6. Asia-Pacific Flue Gas Desulfurization (FGD) Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
6.3. Asia-Pacific: Country Analysis
7. North America Flue Gas Desulfurization (FGD) Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. North America: Country Analysis
8. Europe Flue Gas Desulfurization (FGD) Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Europe: Country Analysis
9. Middle East & Africa Flue Gas Desulfurization (FGD) Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. Middle East & Africa: Country Analysis
10. South America Flue Gas Desulfurization (FGD) Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. South America: Country Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. Competitive Landscape
13.1. Company Profiles
13.2.1. General Electric
13.2.2. Mitsubishi Heavy Industries
13.2.3. ANDRITZ
13.2.4. FLSMIDTH
13.2.5. Babcock & Wilcox
13.2.6. Thermax
13.2.7. Hamon
13.2.8. Doosan Lentjes
13.2.9. RAFAKO
13.2.10. CLYDE BERGAMANN
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/thfx8x
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