Flue Gas Desulfurization (FGD) System Market is projected to grow from USD 14.35 billion in 2015 to USD 19.96 billion by 2021, at a CAGR of 5.7% between 2016 and 2021. Government regulations to control the emissions of sulfur from the power generation industry are propelling the growth of this market.
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The power generation segment accounted for the largest share of the global flue gas desulfurization system market in 2015. Coal-fired plants are the main emitters of sulfur oxides.
With the establishment of coal-fired plants, new opportunities have arisen for the installation of FGD systems.
Moreover, in China and India, regulations imposed for the control of air pollution is gradually becoming stringent. This, in turn, will create opportunities for the installation of FGD systems in coal-fired plants in these countries.
1 Attractive Opportunity in the Global FGD System Market
2 Asia Pacific FGD System Market, By End User & Country
3 FGD System Market, By End User
4 FGD System Market, By Type
5 FGD System Market, By Region
6 FGD System Market, By Installation
The wet FGD segment accounted for the largest share of the global flue gas desulfurization system market in 2015. The wet FGD system technology is the most preferred and used technology to remove the sulfur oxide present in flue gas, worldwide.
This system is highly efficient in relatively high removal efficiency and the low cost of operation. This system is mostly employed for the collection for both, gas and particulate matter.
Whereas the dry FGD system is preferred in cement, iron, and steel industries where low sulfur content coal is used.
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Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Alstom SA (France), Babcock & Wilcox Enterprises, Inc.
(U.S.), FLSmidth & Co. A/S (Denmark), Hamon Corporation (London), Siemens AG (Germany), and Clyde Bergemann Power Group (U.S.), Burns & Mcdonnell (U.S.), Marsulex Environmental Technologies (U.S.), Mitsubishi Electric Corporation, Ltd. (Japan), and Thermax Limited (India).
2 Market Share Analysis
3 Competitive Scenario
4 Contracts & Agreements,
7 Joint Ventures,
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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (55%); Tier 2 (20%) and Tier 3 (25%) companies were contacted for interviews.
The interviews were conducted with various key people such as C Level (75%), Manager Level (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (10%), Europe (20%), Asia-Pacific (30%), Middle East & Africa (20%), Latin America (20%).
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