Market Overview:
The global flue-gas desulfurization (FGD) equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the stringent environmental regulations for controlling sulfur dioxide (SO2) emissions and the increasing demand for clean energy sources, such as natural gas and renewables. The FGD equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into wet FGD, dry & semi-dry FGD, and others. Wet FGD dominates the global FGD equipment market due to its high efficiency in removing SO2 from flue gases emitted from power plants and other industrial facilities. By application, the market is segmented into power generation, chemical production industry, iron & steel production industry,, cement manufacturing industry,, other applications), and regions (North America,, Latin America,, Europe,, Asia Pacific,.and Middle East & Africa). In terms of revenue share in 2017,.the power generation segment accounted for majority share in global FGD equipment market followed by chemical production industry.
Product Definition:
Flue-gas desulfurization (FGD) is a set of technologies used to remove sulfur dioxide from the exhaust flue gases of fossil-fuel power plants, and from the emissions of other large industrial sources.
Wet FGD:
Wet FGD is a technology that uses liquid to remove sulfur from flue gas before it is released into the atmosphere. The liquid used in this process is usually sulfuric acid or other similar compounds. This method has been around for quite some time and was first commercialized in the early 20th century, but only gained widespread acceptance after World War II.
Dry & Semi-Dry FGD:
Dry and semi-dry flue gas desulfurization (FGD) equipment market is expected to witness significant growth over the forecast period. FGD systems are used for removing sulfur from flue gases before they are released into the atmosphere. Sulfur is a toxic gas that can result in acid rain if it is not removed from the gases released from power plants.
Application Insights:
The power generation segment dominated the global flue-gas desulfurization equipment market in 2017, accounting for a share of over 35.0% by revenue. The growth can be attributed to the growing demand for electricity from countries, such as India and China. In addition, factors such as stringent regulations on reducing sulfur oxide (SO2) emissions from coal plants are expected to drive product demand over the forecast period.
Flue gas desulfurization is used in several other applications including chemical manufacturing, iron and steel manufacturing cement manufacturing along with various others such as petroleum refining and marine application industries across regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing sulfur dioxide (SO2) emissions from power generation, iron & steel, and other industries due to lack of stringent regulations. China accounts for majority of SO2 emission in Asia Pacific region as it has largest number of coal-fired power plants across the globe. In addition, India and Japan also have large number of coal-fired power plants which contribute significantly towards global SO2 emissions.
North America was estimated at USD X million in 2017 and is projected to grow at an estimated CAGR 6% from 2018 to 2030 owing high level off economic development along with technological advancements witnessed by various end users such as cement manufacturing companies that results into increased production levels resulting higher flue gas desulfurization equipment demand over last few years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for emissions of sulfur dioxide from power plants and other industries
- Rising prices of natural gas and coal, which are the primary fuels used in power generation
- Development of more advanced flue-gas desulfurization technologies that are more efficient and require less maintenance
- Growing market for renewable energy sources such as wind and solar, which do not produce sulfur dioxide emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Flue-gas Desulfurization Equipment Market Research Report
By Type
Wet FGD, Dry & Semi-Dry FGD
By Application
Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Other
By Companies
General Electric, Doosan Lentjes, Babcock & Wilcox Enterprises, Rafako, Siemens, Flsmidth, Hamon, Clyde Bergemann, Marsulex Environmental Technologies, Thermax, Andritz, Ducon Technologies, Chiyoda Corporation, China Boqi Environmental (Holding), Burns & Mcdonnell, Lonjing Environment Technology, Valmet, Kawasaki Heavy Industries, Macrotek, Aecom, Ppel- Power Plant Engineers, Beijing Guodian Longyuan Environmental Engineering, China Everbright International
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Flue-gas Desulfurization Equipment Market Report Segments:
The global Flue-gas Desulfurization Equipment 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:
- General Electric
- Doosan Lentjes
- Babcock & Wilcox Enterprises
- Rafako
- Siemens
- Flsmidth
- Hamon
- Clyde Bergemann
- Marsulex Environmental Technologies
- Thermax
- Andritz
- Ducon Technologies
- Chiyoda Corporation
- China Boqi Environmental (Holding)
- Burns & Mcdonnell
- Lonjing Environment Technology
- Valmet
- Kawasaki Heavy Industries
- Macrotek
- Aecom
- Ppel- Power Plant Engineers
- Beijing Guodian Longyuan Environmental Engineering
- China Everbright International
Highlights of The Flue-gas Desulfurization Equipment 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 Equipment 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
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?
Flue-gas desulfurization equipment is a process used to remove sulfur dioxide and other pollutants from the flue gas of a coal-fired power plant. The flue gas is passed through a scrubber where the sulfur dioxide and other pollutants are removed.
Some of the key players operating in the flue-gas desulfurization equipment market are General Electric, Doosan Lentjes, Babcock & Wilcox Enterprises, Rafako, Siemens, Flsmidth, Hamon, Clyde Bergemann, Marsulex Environmental Technologies, Thermax, Andritz, Ducon Technologies, Chiyoda Corporation, China Boqi Environmental (Holding), Burns & Mcdonnell, Lonjing Environment Technology, Valmet, Kawasaki Heavy Industries, Macrotek, Aecom, Ppel- Power Plant Engineers, Beijing Guodian Longyuan Environmental Engineering, China Everbright International.
The flue-gas desulfurization equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flue-gas Desulfurization Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flue-gas Desulfurization Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flue-gas Desulfurization Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flue-gas Desulfurization Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flue-gas Desulfurization Equipment Market Size & Forecast, 2018-2028
4.5.1 Flue-gas Desulfurization Equipment Market Size and Y-o-Y Growth
4.5.2 Flue-gas Desulfurization Equipment Market Absolute $ Opportunity
Chapter 5 Global Flue-gas Desulfurization Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Flue-gas Desulfurization Equipment Market Size Forecast by Type
5.2.1 Wet FGD
5.2.2 Dry & Semi-Dry FGD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flue-gas Desulfurization Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Flue-gas Desulfurization Equipment Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Chemical
6.2.3 Iron & Steel
6.2.4 Cement Manufacturing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flue-gas Desulfurization Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flue-gas Desulfurization Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flue-gas Desulfurization Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Flue-gas Desulfurization Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flue-gas Desulfurization Equipment Market Size Forecast by Type
9.6.1 Wet FGD
9.6.2 Dry & Semi-Dry FGD
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Flue-gas Desulfurization Equipment Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Chemical
9.10.3 Iron & Steel
9.10.4 Cement Manufacturing
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Flue-gas Desulfurization Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Flue-gas Desulfurization Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flue-gas Desulfurization Equipment Market Size Forecast by Type
10.6.1 Wet FGD
10.6.2 Dry & Semi-Dry FGD
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Flue-gas Desulfurization Equipment Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Chemical
10.10.3 Iron & Steel
10.10.4 Cement Manufacturing
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Flue-gas Desulfurization Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flue-gas Desulfurization Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flue-gas Desulfurization Equipment Market Size Forecast by Type
11.6.1 Wet FGD
11.6.2 Dry & Semi-Dry FGD
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Flue-gas Desulfurization Equipment Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Chemical
11.10.3 Iron & Steel
11.10.4 Cement Manufacturing
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Flue-gas Desulfurization Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Flue-gas Desulfurization Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flue-gas Desulfurization Equipment Market Size Forecast by Type
12.6.1 Wet FGD
12.6.2 Dry & Semi-Dry FGD
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Flue-gas Desulfurization Equipment Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Chemical
12.10.3 Iron & Steel
12.10.4 Cement Manufacturing
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Flue-gas Desulfurization Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flue-gas Desulfurization Equipment Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flue-gas Desulfurization Equipment Market Size Forecast by Type
13.6.1 Wet FGD
13.6.2 Dry & Semi-Dry FGD
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Flue-gas Desulfurization Equipment Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Chemical
13.10.3 Iron & Steel
13.10.4 Cement Manufacturing
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flue-gas Desulfurization Equipment Market: Competitive Dashboard
14.2 Global Flue-gas Desulfurization Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric
14.3.2 Doosan Lentjes
14.3.3 Babcock & Wilcox Enterprises
14.3.4 Rafako
14.3.5 Siemens
14.3.6 Flsmidth
14.3.7 Hamon
14.3.8 Clyde Bergemann
14.3.9 Marsulex Environmental Technologies
14.3.10 Thermax
14.3.11 Andritz
14.3.12 Ducon Technologies
14.3.13 Chiyoda Corporation
14.3.14 China Boqi Environmental (Holding)
14.3.15 Burns & Mcdonnell
14.3.16 Lonjing Environment Technology
14.3.17 Valmet
14.3.18 Kawasaki Heavy Industries
14.3.19 Macrotek
14.3.20 Aecom
14.3.21 Ppel- Power Plant Engineers
14.3.22 Beijing Guodian Longyuan Environmental Engineering
14.3.23 China Everbright International
