Flue Gas Desulfurization Systems Market Inclinations & Development Status Highlighted During Forecast Period 2019-2026

Press Release

Global Flue Gas Desulfurization Systems Market is valued approximately USD 16.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.30 % over the forecast period 2019-2026. Flue-gas desulfurization (FGD) is a set of technologies that is utilized to eliminate sulfur dioxide (SO) caused by coal combustion of boilers or from fossil-fuel power plants. This flue gas desulfurization consists of removing SO from the Flue gas before it is emitted. Rise in Environmental Awareness and Stringent Regulations related with emissions of harmful gases emitted by various industrial processes in the environment are key driving forces of the market growth. For instance, according to the Canadian Council of Ministers of the Environment, CCME introduced Canadian Ambient Air quality Standards (CAAQS) that plays a significant role for air quality management in Canada. These standards have also been developed for ozone, nitrogen, fine particulate matter and Sulphur dioxide. Also, CAAQS are revised in every five years to ensure they are strict enough to protect human health and environment.  Similarly, the 2018, European Environment Agency, are planning to implement stringent emission limits to cut emission of Sulphur dioxide 66% by 2030 as compared to 2016.  Apart from this, rising number of coal fired plants in India and China is expected to create significant growth opportunity in the market over the forecast period. As per Federal power ministry of India, India’s coal-fired power generation capacity is rise 22.4% by 2022. However, emergence of alternative and renewable sources of energy impedes the growth of the market over the forecast period of 2019-2026.

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The regional analysis of global Flue Gas Desulfurization Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to register steady growth across the world in terms of market share owing to the ongoing industrialization coupled with rising usage of cement and other materials. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising manufacturing industries coupled with growing presence of coal fired power plants would create lucrative growth prospects for the Flue Gas Desulfurization Systems market across Asia-Pacific region.

Market player included in this report are::
*Mitsubishi Heavy Industries
*General Electric
*Doosan Lentjes
*Babcock & Wilcox Enterprises
*Rafako
*Siemens
*Flsmidth
*Hamon Corporation
*Clyde Bergemann Power Group
*Marsulex Environmental Technologies

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Installation:
Greenfield
Brownfield

By Type:
Wet FGD System
Dry & Semi-Dry FGD System

By End User:
Power Generation
Chemical
Iron & Steel
Cement Manufacturing
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Flue Gas Desulfurization Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

ANSWERED TO THE FREQUENTLY ASKED QUESTIONS :

WHAT IS THE SCOPE OF THE REPORT?
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

WHAT ARE THE KEY SEGMENTS IN THE MARKET?
• By product type
• By End User/Applications
• By Technology
• By Region

WHICH MARKET DYNAMICS AFFECTS THE BUSINESS?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Key Topic Covered in this Report
• Market Growth Opportunities
• Leading Market Players
• Market Size and Growth Rate
• Market Growth Drivers
• Company Market Share
• Market Trends and Technological

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