Market Overview:
The global flue gas desulphurization (FGD) equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for FGD equipment from various end-use industries, such as iron & steel, cement manufacturing, power generation, chemical industry and others. In terms of type, the dry FGD segment is expected to lead the market during the forecast period owing to its high efficiency and low operating cost as compared to other types of FGD equipment. However, in terms of revenue share, the wet FGD segment is expected to dominate the global FGD equipment market during 2018-2030.
 Equipment Industry Outlook.svg)
Product Definition:
FGD systems remove sulfur dioxide from exhaust flue gases in power plants and other industrial facilities that burn coal and oil. The systems use limestone to absorb the sulfur dioxide and then release the gas later when the limestone is heated. FGD systems are important because they help reduce air pollution, which can cause health problems for people living near power plants or factories that burn coal or oil.
Dry FGD:
Dry FGD is a technology used to remove sulfur and other impurities from flue gas before it is released into the atmosphere. It has been in use for over two decades, with widespread adoption due to its cost-effectiveness and environmental friendliness. Dry FGD systems are most commonly used for coal-fired power plants but can also be retrofitted to existing gas or oil fired power plants with ease.
Wet FGD:
Wet FGD is a process to remove sulfur and other impurities from flue gas before it is released into the atmosphere. It works by using a solution of sodium thiosulphate (STS) or potassium bisulphite (KBS) which reacts with the gases to form water, which then carries away the reaction products. The FGD equipment uses this solution for flue gas desulfurization.
Application Insights:
The application segment includes iron and steel, cement manufacturing, power generation, chemical industry and others. Iron and steel was the largest application segment in 2015 accounting for over 30% of the total market share. The major use of flue gas desulphurization equipment in iron and steel industry is to remove sulfur dioxide (SO2) from flue gas emissions which are harmful to health when released into the environment.
Cement manufacturing was another prominent application sector with over 17% revenue share in 2015. Flue gas desulphurization equipment is used for removing hydrogen sulfide (H2S) from FGD vent gases which are produced during coal-fired or oil-fired boilers used in cement production process respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing coal-based power generation in China and India. Asia Pacific was followed by Europe, which accounted for a share of more than 30% in 2016 owing to stringent regulations by European Union (EU) and other national governments regarding environmental protection. In addition, rising awareness about environment protection is anticipated to propel demand for FGD equipment in Europe over the forecast period. North America market also held a significant share owing to early adoption of flue gas desulphurization technology coupled with growing concerns regarding environmental pollution caused due to heavy reliance on fossil fuels such as coal for electricity generation coupled with chemical industry growth in Mexico and U.S.
Growth Factors:
- Stringent environmental regulations for emissions from power plants
- Increasing demand for electricity globally
- Growing investments in renewable energy sources
- Rising prices of coal and natural gas
- Technological advancements in FGD equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Flue Gas Desulphurization (FGD) Equipment Market Research Report
By Type
Dry FGD, Wet FGD, Semi-dry FGD
By Application
Iron & Steel, Cement Manufacturing, Power Generation, Chemical Industry, Others
By Companies
Alstom S.A., Babcock & Wilcox, Siemens Energy, Thermax, Ducon Technologies Inc., Hamon Research-Cottrell, Mitsubishi Heavy Industries, Marsulex Environmental Technologies, Clyde Bergemann Power Group International Ltd., FLSmidth & Co. A/S, Alstom S.A.
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Flue Gas Desulphurization (FGD) Equipment Market Report Segments:
The global Flue Gas Desulphurization (FGD) Equipment market is segmented on the basis of:
Types
Dry FGD, Wet FGD, 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
Iron & Steel, Cement Manufacturing, Power Generation, Chemical Industry, 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:
- Alstom S.A.
- Babcock & Wilcox
- Siemens Energy
- Thermax
- Ducon Technologies Inc.
- Hamon Research-Cottrell
- Mitsubishi Heavy Industries
- Marsulex Environmental Technologies
- Clyde Bergemann Power Group International Ltd.
- FLSmidth & Co. A/S
- Alstom S.A.
 Equipment Market Overview.svg)
Highlights of The Flue Gas Desulphurization (FGD) 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:
- Dry FGD
- Wet FGD
- Semi-dry FGD
- By Application:
- Iron & Steel
- Cement Manufacturing
- Power Generation
- Chemical Industry
- 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 Desulphurization (FGD) 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
 Equipment 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 equipment is used to remove sulphur dioxide (SO2) and other pollutants from flue gas.
Some of the key players operating in the flue gas desulphurization (fgd) equipment market are Alstom S.A., Babcock & Wilcox, Siemens Energy, Thermax, Ducon Technologies Inc., Hamon Research-Cottrell, Mitsubishi Heavy Industries, Marsulex Environmental Technologies, Clyde Bergemann Power Group International Ltd., FLSmidth & Co. A/S, Alstom S.A..
The flue gas desulphurization (fgd) 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 Desulphurization (FGD) 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 Desulphurization (FGD) Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flue Gas Desulphurization (FGD) 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 Desulphurization (FGD) 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 Desulphurization (FGD) Equipment Market Size & Forecast, 2020-2028
4.5.1 Flue Gas Desulphurization (FGD) Equipment Market Size and Y-o-Y Growth
4.5.2 Flue Gas Desulphurization (FGD) Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Dry FGD
5.2.2 Wet FGD
5.2.3 Semi-dry FGD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Iron & Steel
6.2.2 Cement Manufacturing
6.2.3 Power Generation
6.2.4 Chemical Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flue Gas Desulphurization (FGD) 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 Desulphurization (FGD) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Dry FGD
9.6.2 Wet FGD
9.6.3 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 Market Size Forecast by Applications
9.10.1 Iron & Steel
9.10.2 Cement Manufacturing
9.10.3 Power Generation
9.10.4 Chemical Industry
9.10.5 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Dry FGD
10.6.2 Wet FGD
10.6.3 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 Market Size Forecast by Applications
10.10.1 Iron & Steel
10.10.2 Cement Manufacturing
10.10.3 Power Generation
10.10.4 Chemical Industry
10.10.5 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Dry FGD
11.6.2 Wet FGD
11.6.3 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 Market Size Forecast by Applications
11.10.1 Iron & Steel
11.10.2 Cement Manufacturing
11.10.3 Power Generation
11.10.4 Chemical Industry
11.10.5 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Dry FGD
12.6.2 Wet FGD
12.6.3 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 Market Size Forecast by Applications
12.10.1 Iron & Steel
12.10.2 Cement Manufacturing
12.10.3 Power Generation
12.10.4 Chemical Industry
12.10.5 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Dry FGD
13.6.2 Wet FGD
13.6.3 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) Market Size Forecast by Applications
13.10.1 Iron & Steel
13.10.2 Cement Manufacturing
13.10.3 Power Generation
13.10.4 Chemical Industry
13.10.5 Others
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 Desulphurization (FGD) Equipment Market: Competitive Dashboard
14.2 Global Flue Gas Desulphurization (FGD) Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alstom S.A.
14.3.2 Babcock & Wilcox
14.3.3 Siemens Energy
14.3.4 Thermax
14.3.5 Ducon Technologies Inc.
14.3.6 Hamon Research-Cottrell
14.3.7 Mitsubishi Heavy Industries
14.3.8 Marsulex Environmental Technologies
14.3.9 Clyde Bergemann Power Group International Ltd.
14.3.10 FLSmidth & Co. A/S
14.3.11 Alstom S.A.
