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Flue gas desulfurizer (FGD) is equipment which can remove sulfur dioxide (SO2) from flue gas emissions, often chemically. Sulfur dioxide in gases is produced by the combustion of fossil fuels and many industrial processes such as gasoline refining as well as cement, paper, glass, steel, iron and copper production. Sulfur dioxide emissions are a primary contributor to acid rain and have been regulated by every industrialized nation in the world.
FGD processes vary depending on the amount of SO2 involved, the solution being used to absorb the SO2, and the particular equipment used in the absorption tower.
LPI (LP Information)' newest research report, the "Flue Gas Desulfurizer (FGD) Industry Forecast" looks at past sales and reviews total world Flue Gas Desulfurizer (FGD) sales in 2022, providing a comprehensive analysis by region and market sector of projected Flue Gas Desulfurizer (FGD) sales for 2023 through 2029. With Flue Gas Desulfurizer (FGD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flue Gas Desulfurizer (FGD) industry.
This Insight Report provides a comprehensive analysis of the global Flue Gas Desulfurizer (FGD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flue Gas Desulfurizer (FGD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flue Gas Desulfurizer (FGD) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flue Gas Desulfurizer (FGD) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flue Gas Desulfurizer (FGD).
The global Flue Gas Desulfurizer (FGD) market size is projected to grow from US$ 4233.9 million in 2022 to US$ 6822.8 million in 2029; it is expected to grow at a CAGR of 6822.8 from 2023 to 2029.
Global Flue Gas Desulfurizer (FGD) key players include MHPS, GE Steam Power, Longking, SPIC Yuanda, BHEL, etc.Global top five manufacturers hold a share over 40%.
Europe is the largest market, with a share over 80%, followed by APAC, and America, both have a share over 15 percent.
In terms of product, Wet Flue Gas Desulfurizer is the largest segment, with a share over 75%. And in terms of application, the largest application is Power Plant, followed by Metallurgy Plant, Building Materials, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Flue Gas Desulfurizer (FGD) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Dry Flue Gas Desulfurizer
- Semi-Dry Flue Gas Desulfurizer
- Wet Flue Gas Desulfurizer
Segmentation by application
- Power Plant
- Metallurgy Plant
- Building Materials
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- MHPS
- GE Steam Power
- BHEL
- Ducon
- Babcock & Wilcox
- Thermax
- Valmet
- Doosan
- Beijing SPC
- Longking
- Longyuan
- SPIC Yuanda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flue Gas Desulfurizer (FGD) market?
What factors are driving Flue Gas Desulfurizer (FGD) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flue Gas Desulfurizer (FGD) market opportunities vary by end market size?
How does Flue Gas Desulfurizer (FGD) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?