North America Flue Gas Desulfurization Market Forecast 2023-2032
KEY FINDINGSThe North America flue gas desulfurization market is set to grow at a CAGR of 4.00% during the forecast period, 2023-2032. The region is anticipated to witness market growth due to a robust manufacturing base for flue gas desulfurization and an increased emphasis on research and development activities.
MARKET INSIGHTSThe United States and Canada are evaluated for the North America flue gas desulfurization market growth analysis. The Canadian government in 2021 identified key sources of air pollution within the country. These major contributors include the oil and gas industry, transportation, off-road vehicles and mobile equipment, agriculture, dust and fires, and other stationary sources. These sectors play a significant role in emitting six major air pollutants, highlighting the urgent need for effective pollution control measures.
Notably, the oil and gas industry takes a prominent position in this list, underscoring the critical role of flue gas desulfurization (FGD) technologies in addressing sulfur dioxide emissions. Sulfur dioxide is a significant air pollutant associated with the combustion of fossil fuels, particularly within the oil and gas sector. FGD systems are instrumental in reducing sulfur dioxide emissions by capturing and eliminating sulfur compounds from flue gases, thus mitigating the environmental and public health impacts of air pollution.
In Canada, the impact of air pollution on public health is profound. It ranks as the 11th largest risk factor for premature death and disability, according to the Global Burden of Disease (GBD) analyses, and is the primary environmental risk faced by the nation. This worrisome ranking underscores the critical importance of implementing effective measures to reduce air pollution, with a particular focus on sulfur dioxide emissions from various sectors, including industry, transportation, and other sources.
COMPETITIVE INSIGHTSSome of the leading firms operating in the market are John Wood Group plc, Ducon Technologies Inc, General Electric Company, etc.
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