North America Flue Gas Desulfurization Market 2023-2030
Market Outlook
Triton Market Research’s report suggests that the North America flue gas desulfurization market is estimated to gather a compound annual growth rate of 4.04% over the 2023-2030 forecast years. Canada and the United States are reviewed in the region.
The heightened demand for pollution control technologies like FGD systems in the United States is driven by increasing environmental and health concerns. FGD systems play a crucial role in reducing sulfur dioxide emissions by capturing and eliminating a substantial portion of sulfur compounds from flue gas. As environmental regulations become more stringent and the focus on reducing air pollution intensifies, the flue gas desulfurization technology market is expected to grow. This growth is propelled by the necessity to limit sulfur dioxide emissions from coal-fired power plants.
In Canada, air pollution significantly impacts public health, ranking as the 11th largest risk factor for premature death and disability. Notably, it is the primary environmental risk confronting the nation. This ranking emphasizes the urgent need to implement effective measures to alleviate air pollution, with a specific focus on mitigating sulfur dioxide emissions from diverse sectors such as industry, transportation, and other sources. This significantly widens the scope of the flue gas desulfurization market.
Competitive Outlook
The notable companies in the flue gas desulfurization market include Andritz AG, Doosan Lentjes GmbH, Thermax Ltd, and Ducon Technologies Inc.
1. North America Flue Gas Desulfurization Market - Summary
2. Industry Outlook
2.1. Impact Analysis On The Flue Gas Desulfurization Market
2.1.1. Covid-19 Impact
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Regulatory Framework
2.4. Key Market Strategies
2.4.1. Collaborations
2.4.2. Product Launches
2.4.3. Acquisitions
2.4.4. Business Divestitures & Expansions
2.5. Market Drivers
2.5.1. Detrimental Impact Of Sulfur Dioxide Emissions On The Environment And Health
2.5.2. Strict Emission Norms Confer A Regulatory Push For The Widespread Adoption Of Fgd Systems
2.5.3. Airborne Diseases Posing A Serious Threat To Public Health
2.6. Market Challenges
2.6.1. Industrial Slowdowns Lead To Market Contraction
2.6.2. Rising Dependence On Renewable Energy
2.6.3. High Initial Capital Investment
2.7. Market Opportunities
2.7.1. Advancements In Fgd Technologies
2.7.2. Fgd Gypsum’s Use As A Soil Conditioner
2.7.3. Utilizing Data-driven Models For Real-time Optimization Of Fgd Processes
2.7.4. Tailored Fgd Solutions Targeting Specific Industries
2.8. Analyst Perspective
3. North America Flue Gas Desulfurization Market – By Technology
3.1. Wet Fgd Systems
3.2. Spray Dry Fgd Systems
3.3. Dry Fgd Systems
4. North America Flue Gas Desulfurization Market – By Application
4.1. Power Generation
4.2. Chemical
4.3. Iron & Steel
4.4. Cement Manufacturing
4.5. Other Applications
5. North America Flue Gas Desulfurization Market – By Country Outlook
5.1. United States
5.1.1. United States Flue Gas Desulfurization Market Forecast & Prospects
5.2. Canada
5.2.1. Canada Flue Gas Desulfurization Market Forecast & Prospects
6. Competitive Landscape
6.1. Babcock & Wilcox Enterprises Inc
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. General Electric Company
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Ducon Technologies Inc
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. Andritz Ag
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Chiyoda Corporation
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Doosan Lentjes Gmbh
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. John Wood Group Plc
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. Flsmidth As
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. Thermax Ltd
6.9.1. Company Overview
6.9.2. Product Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Fujian Longking Co Ltd
6.10.1. Overview
6.10.2. Product Portfolio
6.10.3. Key Strengths
6.10.4. Key Challenges
6.11. Kawasaki Heavy Industries Ltd
6.11.1. Company Overview
6.11.2. Product Portfolio
6.11.3. Key Strengths
6.11.4. Key Challenges
6.12. Marsulex Environmental Technologies
6.12.1. Company Overview
6.12.2. Product Portfolio
6.12.3. Key Strengths
6.12.4. Key Challenges
6.13. Mitsubishi Hitachi Power Systems Ltd
6.13.1. Company Overview
6.13.2. Product Portfolio
6.13.3. Key Strengths
6.13.4. Key Challenges
6.14. Hamon Group
6.14.1. Overview
6.14.2. Product Portfolio
6.14.3. Key Strengths
6.14.4. Key Challenges
6.15. Rafako Sa
6.15.1. Company Overview
6.15.2. Product Portfolio
6.15.3. Key Strengths
6.15.4. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: North America Flue Gas Desulfurization Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Regulatory Framework
Table 3: List Of Collaborations
Table 4: List Of Product Launches
Table 5: List Of Acquisitions
Table 6: List Of Business Divestitures & Expansions
Table 7: North America Flue Gas Desulfurization Market, By Technology, 2023-2030 (In $ Million)
Table 8: North America Flue Gas Desulfurization Market, By Application, 2023-2030 (In $ Million)
Table 9: North America Flue Gas Desulfurization Market, By Country Outlook, 2023-2030 (In $ Million)
Figure List
Figure 1: North America Flue Gas Desulfurization Market, By Technology, 2022 & 2030 (In %)
Figure 2: North America Flue Gas Desulfurization Market, By Wet Fgd Systems, 2023-2030 (In $ Million)
Figure 3: North America Flue Gas Desulfurization Market, By Spray Dry Fgd Systems, 2023-2030 (In $ Million)
Figure 4: North America Flue Gas Desulfurization Market, By Dry Fgd Systems, 2023-2030 (In $ Million)
Figure 5: North America Flue Gas Desulfurization Market, By Application, 2022 & 2030 (In %)
Figure 6: North America Flue Gas Desulfurization Market, By Power Generation, 2023-2030 (In $ Million)
Figure 7: North America Flue Gas Desulfurization Market, By Chemical, 2023-2030 (In $ Million)
Figure 8: North America Flue Gas Desulfurization Market, By Iron & Steel, 2023-2030 (In $ Million)
Figure 9: North America Flue Gas Desulfurization Market, By Cement Manufacturing, 2023-2030 (In $ Million)
Figure 10: North America Flue Gas Desulfurization Market, By Other Applications, 2023-2030 (In $ Million)
Figure 11: North America Flue Gas Desulfurization Market, By Country Outlook, 2022 & 2030 (In %)
Figure 12: United States Flue Gas Desulfurization Market 2023-2030 (In $ Million)
Figure 13: Canada Flue Gas Desulfurization Market 2023-2030 (In $ Million)