Global Flue Gas Desulfurization (FGD) Market Growth (Status and Outlook) 2023-2029

Global Flue Gas Desulfurization (FGD) Market Growth (Status and Outlook) 2023-2029

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 Desulfurization (FGD) Industry Forecast” looks at past sales and reviews total world Flue Gas Desulfurization (FGD) sales in 2022, providing a comprehensive analysis by region and market sector of projected Flue Gas Desulfurization (FGD) sales for 2023 through 2029. With Flue Gas Desulfurization (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 Desulfurization (FGD) industry.

This Insight Report provides a comprehensive analysis of the global Flue Gas Desulfurization (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 Desulfurization (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 Desulfurization (FGD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flue Gas Desulfurization (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 Desulfurization (FGD).

The global Flue Gas Desulfurization (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 7.1% 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 Desulfurization (FGD) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Wet FGD System
Limestone
Seawater
Dry & Semi-dry FGD System
Others

Segmentation by application
Iron & Steel Industry
Cement Manufacturing Industry
Power Generation
Chemical Industry
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.
Mitsubishi Heavy Industries
General Electric
Doosan Lentjes
Babcock & Wilcox Enterprises
Rafako
Siemens
Flsmidth
Hamon Corporation
Clyde Bergemann Power Group
Marsulex Environmental Technologies
Thermax
andritz

Please note: The report will take approximately 2 business days to prepare and deliver.