Market Overview:
The global flue gas desulfurizer (FGD) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The FGD market is segmented by type, application, and region. By type, the dry flue gas desulfurizer segment is expected to lead the market with a share of more than 50%. By application, the power plant segment dominates the FGD market with a share of more than 60%. Asia Pacific dominates the FGD market with a share of more than 35%, followed by Europe and North America. The growth in Asia Pacific can be attributed to an increase in demand for electricity and rise in investments for new power plants across countries such as China and India.
Product Definition:
A flue gas desulfurizer (FGD) is a system that removes sulfur dioxide from the exhaust gases of power plants that burn coal and oil. Sulfur dioxide is a pollutant that can cause health problems and acid rain.
Dry Flue Gas Desulfurizer:
Dry flue gas desulfurizer (FGD) is a device used to remove sulfur from flue gas before it is released into the atmosphere. FGDs are primarily used in thermal power plants for reducing the acid rain that results due to sulfur dioxide emissions. Sulfur dioxide, which is emitted during coal combustion, reacts with oxygen in the air to form toxic acid aerosols that can impact plant leaves and cause respiratory problems when inhaled.
Semi-Dry Flue Gas Desulfurizer:
Semi-dry flue gas desulfurizer (SDFG) is a device used to remove sulfur from flue gas before it is released into the atmosphere. SDFG works by using an adsorbent material such as activated carbon or lime that comes in direct contact with the sulfur-containing gases. The removal of sulfur results in lowering of overall plant operating costs and increased efficiency, which leads to reduced emissions into the air.
Application Insights:
The power plant application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for coal as an energy source is expected to drive product demand from this application segment over the next few years.
Power generation from flue gas desulfurization helps in reducing sulfur dioxide (SO2) emissions by approximately 90%. Rising awareness regarding environment protection coupled with increasing government regulations pertaining to SO2 emission reduction is anticipated to augment product demand from this segment in future.
Increasing investments for oil & gas exploration activities are likely to boost product penetration across refineries, petrochemical plants, and chemical plants across various regions including Asia Pacific, Middle East Africa, North America and Europe within the forecast period. In addition, expanding refining capacity along with rising fuel prices will further propel market growth during this period of time.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing cases of sulfur dioxide (SO2) emissions from power plants, steel production facilities, and other industries. China is one of the largest producers as well as consumers of coal; thus, it produces a large amount of sulfur dioxide that causes air pollution. According to IEA Energy R&D statistics 2015-2016, China accounted for approximately 28% share in global energy research & development expenditure with an investment worth USD X billion.
The Asia Pacific was followed by Europe wherein Germany emerged as a major contributor towards technological advancements along with high economic growth rates witnessed in countries such as Russia and Turkey which have led to increased coal consumption across these regions since past few years resulting into higher FGD installations rate compared to North America or Middle East Africa (MEA).
Growth Factors:
- Stringent environmental regulations for power plants across the globe to reduce sulfur dioxide (SO2) emissions will drive the demand for FGDs over the forecast period.
- Increasing investments in renewable energy sources such as solar and wind is expected to result in a decline in coal-fired power generation, which will subsequently hamper the growth of FGD market.
- Growing demand from developing countries such as China and India due to increasing industrialization and urbanization will create new opportunities for FGD market players.
- Rising awareness about air pollution and its adverse effects on human health is likely to propel the demand for FGDs in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flue Gas Desulfurizer (FGD) Market Research Report
By Type
Dry Flue Gas Desulfurizer, Semi-Dry Flue Gas Desulfurizer, Wet Flue Gas Desulfurizer
By Application
Power Plant, Chemical Plant, Oil Refinery Plant, Others
By Companies
GE Steam Power, MHPS, Hamon, Ducon, Babcock & Wilcox, Thermax, Valmet, Sargent Lundy, Barton Malow
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Flue Gas Desulfurizer (FGD) Market Report Segments:
The global Flue Gas Desulfurizer (FGD) market is segmented on the basis of:
Types
Dry Flue Gas Desulfurizer, Semi-Dry Flue Gas Desulfurizer, Wet Flue Gas Desulfurizer
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 Plant, Chemical Plant, Oil Refinery Plant, Others
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:
- GE Steam Power
- MHPS
- Hamon
- Ducon
- Babcock & Wilcox
- Thermax
- Valmet
- Sargent Lundy
- Barton Malow
Highlights of The Flue Gas Desulfurizer (FGD) 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:
- Dry Flue Gas Desulfurizer
- Semi-Dry Flue Gas Desulfurizer
- Wet Flue Gas Desulfurizer
- By Application:
- Power Plant
- Chemical Plant
- Oil Refinery Plant
- Others
- 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 Desulfurizer (FGD) 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
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- Consumer Insights
- Understanding Competition Scenario
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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 is a technology used to remove sulfur dioxide and other pollutants from flue gas.
Some of the major players in the flue gas desulfurizer (fgd) market are GE Steam Power, MHPS, Hamon, Ducon, Babcock & Wilcox, Thermax, Valmet, Sargent Lundy, Barton Malow.
The flue gas desulfurizer (fgd) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market - Supply Chain
4.5. Global Flue Gas Desulfurizer (FGD) Market Forecast
4.5.1. Flue Gas Desulfurizer (FGD) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flue Gas Desulfurizer (FGD) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flue Gas Desulfurizer (FGD) Market Absolute $ Opportunity
5. Global Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Type
5.3.1. Dry Flue Gas Desulfurizer
5.3.2. Semi-Dry Flue Gas Desulfurizer
5.3.3. Wet Flue Gas Desulfurizer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
6.3.1. Power Plant
6.3.2. Chemical Plant
6.3.3. Oil Refinery Plant
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Demand Share Forecast, 2019-2026
9. North America Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
9.4.1. Power Plant
9.4.2. Chemical Plant
9.4.3. Oil Refinery Plant
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flue Gas Desulfurizer (FGD) Market Size and Volume Forecast by Type
9.7.1. Dry Flue Gas Desulfurizer
9.7.2. Semi-Dry Flue Gas Desulfurizer
9.7.3. Wet Flue Gas Desulfurizer
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 Desulfurizer (FGD) Demand Share Forecast, 2019-2026
10. Latin America Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
10.4.1. Power Plant
10.4.2. Chemical Plant
10.4.3. Oil Refinery Plant
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flue Gas Desulfurizer (FGD) Market Size and Volume Forecast by Type
10.7.1. Dry Flue Gas Desulfurizer
10.7.2. Semi-Dry Flue Gas Desulfurizer
10.7.3. Wet Flue Gas Desulfurizer
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 Desulfurizer (FGD) Demand Share Forecast, 2019-2026
11. Europe Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
11.4.1. Power Plant
11.4.2. Chemical Plant
11.4.3. Oil Refinery Plant
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flue Gas Desulfurizer (FGD) Market Size and Volume Forecast by Type
11.7.1. Dry Flue Gas Desulfurizer
11.7.2. Semi-Dry Flue Gas Desulfurizer
11.7.3. Wet Flue Gas Desulfurizer
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 Desulfurizer (FGD) Demand Share, 2019-2026
12. Asia Pacific Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
12.4.1. Power Plant
12.4.2. Chemical Plant
12.4.3. Oil Refinery Plant
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flue Gas Desulfurizer (FGD) Market Size and Volume Forecast by Type
12.7.1. Dry Flue Gas Desulfurizer
12.7.2. Semi-Dry Flue Gas Desulfurizer
12.7.3. Wet Flue Gas Desulfurizer
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 Desulfurizer (FGD) Demand Share, 2019-2026
13. Middle East & Africa Flue Gas Desulfurizer (FGD) 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 Desulfurizer (FGD) 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 Desulfurizer (FGD) Market Size and Volume Forecast by Application
13.4.1. Power Plant
13.4.2. Chemical Plant
13.4.3. Oil Refinery Plant
13.4.4. Others
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 Desulfurizer (FGD) Market Size and Volume Forecast by Type
13.7.1. Dry Flue Gas Desulfurizer
13.7.2. Semi-Dry Flue Gas Desulfurizer
13.7.3. Wet Flue Gas Desulfurizer
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 Desulfurizer (FGD) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flue Gas Desulfurizer (FGD) Market: Market Share Analysis
14.2. Flue Gas Desulfurizer (FGD) Distributors and Customers
14.3. Flue Gas Desulfurizer (FGD) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Steam Power
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MHPS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hamon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ducon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Babcock & Wilcox
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thermax
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Valmet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sargent Lundy
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Barton Malow
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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