Global Flue Gas Desulfurization (FGD) System Market 2024-2028

Global Flue Gas Desulfurization (FGD) System Market 2024-2028


The flue gas desulfurization (FGD) system market is forecasted to grow by USD 3.88 bn during 2023-2028, accelerating at a CAGR of 5.41% during the forecast period. The report on the flue gas desulfurization (FGD) system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent standards for sulfur oxide emission, growing demand for power, and implementation of new emission norms in industries.

Technavio's flue gas desulfurization (FGD) system market is segmented as below:

By Product

Wet FGD
Dry FGD

By End-user

Power plants
Iron and steel
Chemicals
Cement
Others

By Geography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the rising preference for dry FGD technology as one of the prime reasons driving the flue gas desulfurization (FGD) system market growth during the next few years. Also, the availability of efficient ammonia desulfurization technology and flourishing FGD gypsum will lead to sizable demand in the market.

The report on the flue gas desulfurization (FGD) system market covers the following areas:

Flue gas desulfurization (FGD) system market sizing
Flue gas desulfurization (FGD) system market forecast
Flue gas desulfurization (FGD) system market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flue gas desulfurization (FGD) system market vendors that include AECOM, Andritz AG, Babcock and Wilcox Enterprises Inc., China Boqi Environmental Protection Holding Co. Ltd, Doosan Corp., Ducon Infratechnologies Ltd., Enviropol, FLSmidth and Co. AS, Fujian Longking Co. Ltd., General Electric Co., IHI Corp., John Wood Group PLC, Kawasaki Heavy Industries Ltd., KraftPowercon Sweden AB, Mitsubishi Heavy Industries Ltd., RAFAKO SA, Rudis Doo Trbovlje, Thermax Ltd., Tsukishima Kikai Co. Ltd., and Valmet Corp.. Also, the flue gas desulfurization (FGD) system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global flue gas desulfurization (FGD) system market 2018 - 2022
      • Table Historic Market Size – Data Table on Global flue gas desulfurization (FGD) system market2018 - 2022 ($ million)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Wet FGD - Market size and forecast 2023-2028
      • Table Chart on Wet FGD - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Wet FGD - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Wet FGD - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Wet FGD - Year-over-year growth 2023-2028 (%)
    • Dry FGD - Market size and forecast 2023-2028
      • Table Chart on Dry FGD - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Dry FGD - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Dry FGD - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Dry FGD - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Power plants - Market size and forecast 2023-2028
      • Table Chart on Power plants - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Power plants - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Power plants - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Power plants - Year-over-year growth 2023-2028 (%)
    • Iron and steel - Market size and forecast 2023-2028
      • Table Chart on Iron and steel - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Iron and steel - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Iron and steel - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Iron and steel - Year-over-year growth 2023-2028 (%)
    • Chemicals - Market size and forecast 2023-2028
      • Table Chart on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Chemicals - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Chemicals - Year-over-year growth 2023-2028 (%)
    • Cement - Market size and forecast 2023-2028
      • Table Chart on Cement - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cement - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cement - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cement - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Russia - Market size and forecast 2023-2028
      • Table Chart on Russia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Russia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Stringent standards for sulfur oxide emission
      • Growing demand for power
      • Implementation of new emission norms in industries
    • Market challenges
      • Volatility in oil and gas prices
      • High energy consumption of FGD system operations in power plants
      • Wastewater disposal issues associated with wet FGD systems
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Rising preference for dry FGD technology
      • Availability of efficient ammonia desulfurization technology
      • Flourishing FGD gypsum
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AECOM
      • Table AECOM - Overview
      • Table AECOM - Business segments
      • Table AECOM - Key news
      • Table AECOM - Key offerings
      • Table AECOM - Segment focus
    • Andritz AG
      • Table Andritz AG - Overview
      • Table Andritz AG - Business segments
      • Table Andritz AG - Key news
      • Table Andritz AG - Key offerings
      • Table Andritz AG - Segment focus
    • Babcock and Wilcox Enterprises Inc.
      • Table Babcock and Wilcox Enterprises Inc. - Overview
      • Table Babcock and Wilcox Enterprises Inc. - Business segments
      • Table Babcock and Wilcox Enterprises Inc. - Key news
      • Table Babcock and Wilcox Enterprises Inc. - Key offerings
      • Table Babcock and Wilcox Enterprises Inc. - Segment focus
    • Doosan Corp.
      • Table Doosan Corp. - Overview
      • Table Doosan Corp. - Business segments
      • Table Doosan Corp. - Key offerings
      • Table Doosan Corp. - Segment focus
    • Ducon Infratechnologies Ltd.
      • Table Ducon Infratechnologies Ltd. - Overview
      • Table Ducon Infratechnologies Ltd. - Product / Service
      • Table Ducon Infratechnologies Ltd. - Key offerings
    • Enviropol
      • Table Enviropol - Overview
      • Table Enviropol - Product / Service
      • Table Enviropol - Key offerings
    • FLSmidth and Co. AS
      • Table FLSmidth and Co. AS - Overview
      • Table FLSmidth and Co. AS - Business segments
      • Table FLSmidth and Co. AS - Key news
      • Table FLSmidth and Co. AS - Key offerings
      • Table FLSmidth and Co. AS - Segment focus
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • John Wood Group PLC
      • Table John Wood Group PLC - Overview
      • Table John Wood Group PLC - Business segments
      • Table John Wood Group PLC - Key offerings
      • Table John Wood Group PLC - Segment focus
    • Kawasaki Heavy Industries Ltd.
      • Table Kawasaki Heavy Industries Ltd. - Overview
      • Table Kawasaki Heavy Industries Ltd. - Business segments
      • Table Kawasaki Heavy Industries Ltd. - Key news
      • Table Kawasaki Heavy Industries Ltd. - Key offerings
      • Table Kawasaki Heavy Industries Ltd. - Segment focus
    • KraftPowercon Sweden AB
      • Table KraftPowercon Sweden AB - Overview
      • Table KraftPowercon Sweden AB - Product / Service
      • Table KraftPowercon Sweden AB - Key offerings
    • Mitsubishi Heavy Industries Ltd.
      • Table Mitsubishi Heavy Industries Ltd. - Overview
      • Table Mitsubishi Heavy Industries Ltd. - Business segments
      • Table Mitsubishi Heavy Industries Ltd. - Key news
      • Table Mitsubishi Heavy Industries Ltd. - Key offerings
      • Table Mitsubishi Heavy Industries Ltd. - Segment focus
    • Thermax Ltd.
      • Table Thermax Ltd. - Overview
      • Table Thermax Ltd. - Business segments
      • Table Thermax Ltd. - Key news
      • Table Thermax Ltd. - Key offerings
      • Table Thermax Ltd. - Segment focus
    • Tsukishima Kikai Co. Ltd.
      • Table Tsukishima Kikai Co. Ltd. - Overview
      • Table Tsukishima Kikai Co. Ltd. - Business segments
      • Table Tsukishima Kikai Co. Ltd. - Key offerings
      • Table Tsukishima Kikai Co. Ltd. - Segment focus
    • Valmet Corp.
      • Table Valmet Corp. - Overview
      • Table Valmet Corp. - Business segments
      • Table Valmet Corp. - Key offerings
      • Table Valmet Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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