The global Flue Gas Desulfurization (FGD) Systems market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for power generation and chemical industries, which are major consumers of FGD systems. The power generation industry has been witnessing an increase in coal-fired power plants due to their low cost and high efficiency in comparison with other sources such as natural gas or nuclear energy. Coal-fired power plants emit sulfur dioxide (SO2) into the atmosphere, which can be removed through FGD systems before it reaches the atmosphere and causes environmental pollution. In addition, coal-fired power plants are also used for producing steel and cement; these industries also use FGD systems for removing SO2 from their emissions before they reach the atmosphere.
The wet FGD segment accounted for more than 50% share of this market in 2017 owing to its higher efficiency in removing SO2 from emissions compared with dry or semidry FGDs; however, it is expected that dry or semidry FGDs will witness a significant growth rate during the forecast period owing to their lower installation costs as compared with wet FGDs.
Some Of The Growth Factors Of This Market:
- The growth of the FGD systems market is driven by the increasing demand for coal-fired power plants and stringent environmental regulations.
- The FGD systems market is fragmented with a large number of players in the industry, which makes it difficult for new entrants to enter this market.
- Increasing demand for coal-fired power plants will drive the growth of the FGD systems market.
- Stringent environmental regulations will also drive the growth of this industry.
Industry Growth Insights published a new data on “Flue Gas Desulfurization (FGD) Systems Market”. The research report is titled “Flue Gas Desulfurization (FGD) Systems Market research by Types (Wet FGD, Dry & Semi-Dry FGD), By Applications (Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Other), By Players/Companies Alstom, Babcock & Wilcox Company, Siemens, Flsmidth, Hamon Corporation, Clyde Bergemann Power Group International, Burns & McDonnell, Marsulex Environmental Technologies, Mitsubishi Electric Corporation, Thermax”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flue Gas Desulfurization (FGD) Systems Market Research Report
By Type
Wet FGD, Dry & Semi-Dry FGD
By Application
Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Other
By Companies
Alstom, Babcock & Wilcox Company, Siemens, Flsmidth, Hamon Corporation, Clyde Bergemann Power Group International, Burns & McDonnell, Marsulex Environmental Technologies, Mitsubishi Electric Corporation, Thermax
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
 Systems Industry Outlook.svg)
Global Flue Gas Desulfurization (FGD) Systems Market Report Segments:
The global Flue Gas Desulfurization (FGD) Systems market is segmented on the basis of:
Types
Wet FGD, Dry & Semi-Dry FGD
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alstom
- Babcock & Wilcox Company
- Siemens
- Flsmidth
- Hamon Corporation
- Clyde Bergemann Power Group International
- Burns & McDonnell
- Marsulex Environmental Technologies
- Mitsubishi Electric Corporation
- Thermax
 Systems Market Overview.svg)
Highlights of The Flue Gas Desulfurization (FGD) Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet FGD
- Dry & Semi-Dry FGD
- By Application:
- Power Generation
- Chemical
- Iron & Steel
- Cement Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flue Gas Desulfurization (FGD) Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Systems Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FGD systems are used to remove sulfur dioxide and other pollutants from flue gas.
Some of the major companies in the flue gas desulfurization (fgd) systems market are Alstom, Babcock & Wilcox Company, Siemens, Flsmidth, Hamon Corporation, Clyde Bergemann Power Group International, Burns & McDonnell, Marsulex Environmental Technologies, Mitsubishi Electric Corporation, Thermax.
The flue gas desulfurization (fgd) systems market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flue Gas Desulfurization (FGD) Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flue Gas Desulfurization (FGD) Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flue Gas Desulfurization (FGD) Systems Market - Supply Chain
4.5. Global Flue Gas Desulfurization (FGD) Systems Market Forecast
4.5.1. Flue Gas Desulfurization (FGD) Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flue Gas Desulfurization (FGD) Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flue Gas Desulfurization (FGD) Systems Market Absolute $ Opportunity
5. Global Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type
5.3.1. Wet FGD
5.3.2. Dry & Semi-Dry FGD
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
6.3.1. Power Generation
6.3.2. Chemical
6.3.3. Iron & Steel
6.3.4. Cement Manufacturing
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flue Gas Desulfurization (FGD) Systems Demand Share Forecast, 2019-2026
9. North America Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
9.4.1. Power Generation
9.4.2. Chemical
9.4.3. Iron & Steel
9.4.4. Cement Manufacturing
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type
9.7.1. Wet FGD
9.7.2. Dry & Semi-Dry FGD
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flue Gas Desulfurization (FGD) Systems Demand Share Forecast, 2019-2026
10. Latin America Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
10.4.1. Power Generation
10.4.2. Chemical
10.4.3. Iron & Steel
10.4.4. Cement Manufacturing
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type
10.7.1. Wet FGD
10.7.2. Dry & Semi-Dry FGD
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flue Gas Desulfurization (FGD) Systems Demand Share Forecast, 2019-2026
11. Europe Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
11.4.1. Power Generation
11.4.2. Chemical
11.4.3. Iron & Steel
11.4.4. Cement Manufacturing
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type 11.7.1. Wet FGD
11.7.2. Dry & Semi-Dry FGD
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flue Gas Desulfurization (FGD) Systems Demand Share, 2019-2026
12. Asia Pacific Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
12.4.1. Power Generation
12.4.2. Chemical
12.4.3. Iron & Steel
12.4.4. Cement Manufacturing
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type
12.7.1. Wet FGD
12.7.2. Dry & Semi-Dry FGD
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flue Gas Desulfurization (FGD) Systems Demand Share, 2019-2026
13. Middle East & Africa Flue Gas Desulfurization (FGD) Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Application
13.4.1. Power Generation
13.4.2. Chemical
13.4.3. Iron & Steel
13.4.4. Cement Manufacturing
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flue Gas Desulfurization (FGD) Systems Market Size and Volume Forecast by Type
13.7.1. Wet FGD
13.7.2. Dry & Semi-Dry FGD
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flue Gas Desulfurization (FGD) Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flue Gas Desulfurization (FGD) Systems Market: Market Share Analysis
14.2. Flue Gas Desulfurization (FGD) Systems Distributors and Customers
14.3. Flue Gas Desulfurization (FGD) Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alstom
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Babcock & Wilcox Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Flsmidth
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hamon Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Clyde Bergemann Power Group International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Burns & McDonnell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Marsulex Environmental Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Electric Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Thermax
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
