logo
logo
Sign in

Flue Gas Desulfurization System Market Analysis, Share, Drivers, Growth 2024-2033

avatar
Bhuvan
Flue Gas Desulfurization System Market Analysis, Share, Drivers, Growth 2024-2033

The Flue Gas Desulfurization System Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


Learn More On The Flue Gas Desulfurization System Market:


https://www.thebusinessresearchcompany.com/report/flue-gas-desulfurization-system-global-market-report 


According to The Business Research Company’s Flue Gas Desulfurization System Global Market Report 2024, 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..


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.


Get A Free Sample Of The Report (Includes Graphs And Tables):


https://www.thebusinessresearchcompany.com/sample.aspx?id=8889&type=smp 


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


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 report table of contents includes:


Executive Summary

Flue Gas Desulfurization System Market Characteristics

Flue Gas Desulfurization System Market Trends And Strategies

Flue Gas Desulfurization System Market - Macro Economic Scenario

Global Flue Gas Desulfurization System Market Size and Growth

.


.


.


Global Flue Gas Desulfurization System Market Competitive Benchmarking

Global Flue Gas Desulfurization System Market Competitive Dashboard

Key Mergers And Acquisitions In The Flue Gas Desulfurization System Market

Flue Gas Desulfurization System Market Future Outlook and Potential Analysis

Appendix

Top 5 Major Key Players Are:


Mitsubishi Heavy Industries Ltd

General Electric Company

Doosan Lentjes GmbH

Babcock & Wilcox Enterprises Inc

Rafako S.A

Contact Us:


The Business Research Company


Europe: +44 207 1930 708


Asia: +91 88972 63534


Americas: +1 315 623 0293


Email: [email protected]


 


Follow Us On:


LinkedIn: https://in.linkedin.com/company/the-business-research-company


Twitter: https://twitter.com/tbrc_info


Facebook: https://www.facebook.com/TheBusinessResearchCompany


YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ


Blog: https://blog.tbrc.info/


Healthcare Blog: https://healthcareresearchreports.com/


Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

collect
0
avatar
Bhuvan
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more