Market Trends, Share, Size, Growth, Opportunity, and Forecast for Flue Gas Desulfurization (FGD) Market 2021-2028

 

The flue-gas desulfurization (FGD) process uses a variety of technologies to remove sulfur dioxide (SO2) from coal-fired power station flue gases. The exhaust - flue gases - from fossil fuel-burning plants, particularly coal-burning plants, constituted an environmental and human health concern, prompting the creation of flue-gas desulfurization systems. According to the International Energy Agency, coal-fired power plants will generate approximately 37% of global electricity in March 2021, making it the world's largest source of electricity generation. Such facilities, on the other hand, are prone to producing pollutants, particularly Sulphur, which has a severe influence on the environment. As a result, flue-gas desulfurization technology is being employed in coal-fired power plants.

Flue Gas Desulfurization (FGD) Market is a group of methods used to remove sulfur dioxide from exhaust flue gases in sulfur oxide producing operations such as coal-fired boilers, paper, and pulp mills, diesel generators, oil-fired boilers, and waste incinerators.

 

Flue Gas Desulfurization (FGD) Market refers to a group of technologies used to remove sulfur dioxide (SO2) from flue gases produced by industrial combustion in places such as petrol refineries, chemical manufacturing sectors, mineral ore processing plants, and power plants, to mention a few.

Sulfur dioxide (SO2) is removed from gases created by the fire of fossil fuels such as coal, oil, automotive tires, municipal solid waste, and a variety of other industrial operations such as cement, gasoline refining, glass, paper, iron, steel, and copper manufacture. SO2 emissions are a major contributor to acid rain and have been regulated by every industrial country across the world.

The growing popularity of the Flue Gas Desulfurization (FGD) Market in the cement and chemical manufacturing industries is likely to drive the worldwide flue gas desulfurization systems market. Furthermore, as individuals and governments throughout the world become more conscious of the dangers of air pollution to their health, the need for flue gas desulfurization (FGD) systems rises.

Important Players

General Electric, Babcock & Wilcox Company, Chiyoda Corp., Mitsubishi Hitachi Power Systems, S.A. HAMON, Carmeuse, Thermax, Fujian Longking Co., Ltd., and Wuhan Kaidi Electric Power Environmental Co., Ltd. are among the major competitors in the global flue gas desulfurization market.