The global flue gas desulfurization (FGD) system market size is expected to reach USD 25063.8 million in 2026 from USD 17869.1 million in 2018, growing at a CAGR of 4%. Flue gas desulfurization systems are used in the manufacture of coal, oil, automobile tires, municipal solid waste and cement, gasoline refining, glass, paper, iron, steel and copper. SO2 emissions are a major cause of acid rain and are regulated in each industrial country worldwide.
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Company Profile
Mitsubishi Hitachi Power Systems Ltd (MHPS) Inc.
Babcock & Wilcox Enterprises Inc.
GEA Group Aktiengesellschaft
HAMON Group
Thermax Ltd.
GE Power
Market – Segmentation
By Technology
Wet FGD Systems
Spray Dry FGD System
Dry FGD System
By Application
Power Plants
Chemicals
Cement
Metal Processing and Mining
Manufacturing
Scope of the Report
The research study analyzes the Global Flue Gas Desulfurization Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Flue Gas Desulfurization Systems Market Report
1. What was the Flue Gas Desulfurization Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Flue Gas Desulfurization Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Flue Gas Desulfurization Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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