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Report Snapshots
Flue Gas Desulfurization Systems Market- Competitive Analysis, Opportunity & Forecast, 2027

Global Flue Gas Desulfurization Systems Market Size By Technology [Dry & Wet], By Application [Chemical & Petrochemical, Power Plants, Cement, Manufacturing, Metal Processing & Mining], By Region [North America, Europe, Asia Pacific, Middle East & Africa and Latin America], Forecast & Opportunities, 2020-2027

Market Overview

Global Flue Gas Desulfurization Systems Market is expected to reach over USD 28 Billion by 2027 due to rising environmental awareness and adoption of stringent government regulations.

Flue Gas Desulfurization Systems refers to the process of removing Sulphur from exhaust fossil-fueled power stations. This is done by means of an industrial process through the addition of absorbents. These systems help to protect the environment from toxic pollutants. Governments across the world have recognized the importance of Flue Gas Desulfurization Systems in controlling air pollution and improving public health.

Demand for energy has led to growing investments in thermal power stations. Many developing nations are robustly investing in coal-fired power generations and therefore the need for desulfurization is increasing. Moreover, environmental awareness has resulted in emission regulations around the world more stringent. These factors are driving the growth of the Flue Gas Desulfurization Systems market globally.

However, the high installation cost is hindering the growth of the Flue Gas Desulfurization Systems market globally.    

Market Segmentation

Global Flue Gas Desulfurization Systems Market can be categorized into Technology, Application, and Region.

By Technology, Global Flue Gas Desulfurization Systems Market can be categorized into Dry & Wet. The dry segment is expected to grow significantly during the forecasted period of 2020-27 due to low cost and easy installation.

By Application, Global Flue Gas Desulfurization Systems Market can be categorized into Chemical & Petrochemical, Power Plants, Cement, Manufacturing, Metal Processing & Mining. The cement segment is expected to grow significantly during the forecasted period of 2020-27 due to the growing construction industry with the introduction of strict emission guidelines.

By Region, Global Flue Gas Desulfurization Systems Market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Regional Analysis

North America Flue Gas Desulfurization Systems market is dominating the world market with its largest market share. Growing investments in infrastructural development and increasing awareness of emission control technologies are driving the growth of the market in this region, especially in the US.

Asia Pacific Flue Gas Desulfurization Systems market is expected to grow significantly during the forecasted period of 2020-27. Growing investments in the construction of new thermal power plants and stringent environmental regulations in China is expected to contribute to the growth of the market in this region. Moreover, countries like India are expanding their investments in power plants and imposing new SO2 emission levels. These factors are expected to induce the growth of the Flue Gas Desulfurization Systems market.    

Competitor Analysis

The key players in Global Flue Gas Desulfurization Systems Market are DowDuPont, Hamon&Cie International SA, Mitsubishi Hitachi Power Systems, General Electric, CECO Environmental, Tri-Mer Corporation, NedermanMikropul, Verantis, GEA Group, AMEC Foster Wheeler Ltd., Babcock and Wilcox Enterprises, Hitachi Zosen INOVA, Marsulex Environmental Technologies Corporation, KCH Services Inc., DuconInfratechnologies Limited, KC Cottrell India and other players. 

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