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Flue Gas Desulfurization System Market Share

  • Report ID: GMI3345
  • Published Date: Feb 2023
  • Report Format: PDF
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Flue Gas Desulfurization System Market Share

Top companies operating in the flue gas desulfurization system market are

  • S.A. HAMON
  • CECO Environmental
  • Mitsubishi Heavy Industries, Ltd.
  • General Electric
  • Verantis Environmental Solutions Group
  • Tri-Mer Corporation
  • Nederman Holding AB
  • Babcock & Wilcox Enterprises, Inc.
  • GEA Group Aktiengesellschaft
  • Hitachi Zosen Inova AG
  • Marsulex Environmental Technologies
  • KCH Services, Inc.
  • Ducon Infratechnologies Ltd.
  • Thermax Limited.
  • KC Cottrell India
     

These firms majorly engage in organic growth tactics, along with partnerships and collaborations with public energy firms, to gain a competitive edge. For instance, in January 2022, Thermax Limited, a thermal energy solution provider, received a more than USD 65 million order for installing two FGD systems in an Indian power public sector company with a capacity range of 500 MW. In addition, FGD system installation is set to support customers’ statutory compliance with industrial pollution norms.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of flue gas desulfurization system reached more than USD 20.8 billion in 2023 and is set to progress at over 6.5% gains through 2032 owing to stringent regulatory frameworks set by governments worldwide.

The manufacturing application segment is anticipated to grow at over 8% CAGR between 2023 and 2032 due to the growing population and rapid industrialization in emerging nations that are resulting in increased manufacturing operations.

The wet segment held 88% share of the flue gas desulfurization system market in 2022 as a result of high control & scrubbing efficiency and the low cost of sorbent material used in these FGD systems.

The Asia Pacific industry crossed a valuation of USD 13 billion in 2022 on account of prominent development and investment in new thermal plants, combined with a positive inclination toward energy-intensive businesses in the region.

Flue Gas Desulfurization System Market Scope

  • Flue Gas Desulfurization System Market Size
  • Flue Gas Desulfurization System Market Analysis
  • Flue Gas Desulfurization System Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 335
    • Countries covered: 23
    • Pages: 200
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