Flue Gas Desulfurization Systems Market – Growth, Trends, and Forecast (2019 – 2025)
MarketStudyReport.com offers 2019 report on global Flue Gas Desulfurization Systems market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025.
Growing demand for refined petroleum products along with increasing investment toward refining capacity additions will stimulate the flue gas desulfurization systems industry growth. The development and expansion of new and existing refining facilities will positively influence the adoption of these systems. In addition, the growing demand for the installation of industrial emission control systems will propel the product deployment over the forecast timeframe.
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Flue Gas Desulfurization Systems Market is set to exceed USD 27 billion by 2025. Rising investments toward expansion of coal fired power plants along with growing demand for electricity will drive the flue gas desulfurization systems market growth. Developing economies are investing aggressively toward coal-fired power generation to meet the growing electricity demand from prominent economic sectors. Furthermore, increasing initiatives toward the expansion of heavy industries will stimulate business growth.
Dry FGD systems market is anticipated to witness robust growth on account of its low capital expenditure costs and less complex waste disposal process as compared to the available alternatives. Easy installation and compact design are some of the key underlying factors which will favor the deployment of these systems. Furthermore, increasing investments toward the development of new medium scale industrial plant will strengthen the adoption of these units.
India FGD systems market is set to witness robust growth on account of surging investments toward the expansion of installed thermal power generation capacity. Rapid industrialization coupled with growing urbanization have resulted in high electricity demand from the commercial and industrial sector which in turn will boost the adoption of these units across coal-fired generating stations.
Strengthening of air quality standards and norms to mitigate the detrimental effects of SOx emissions will stimulate the flue gas desulfurization systems market growth. Breathing difficulties, skin irritation and inflammation of the respiratory system are some of the prominent health risks posed by the increasing concentration of SOx pollutants in the atmosphere. Furthermore, growing focus toward maintaining air quality standards by countries across the globe will further enhance the industry outlook.
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Significant flue gas desulfurization systems market participants include KCH Services, AMEC Foster Wheeler, GEA Group, Ducon, DuPont Clean Technologies, General Electric, Nederman Mikropul, Verantis, CECO Environmental, Tri-Mer Corporation, Hamon & Cie International SA, MHPS and Babcox & Wilcox.Table of Content:Chapter 1. Methodology and ScopeChapter 2. Executive SummaryChapter 3. Flue Gas Desulfurization Systems Industry InsightsChapter 4. Flue Gas Desulfurization Systems Market, By ApplicationChapter 5. Flue Gas Desulfurization Systems Market, By TechnologyChapter 6. Flue Gas Desulfurization Systems Market, By Region
Chapter 7. Company Profiles
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Global Flue-gas Desulfurization Systems in Scrubber Market Insights, Forecast to 2025
The Flue-gas Desulfurization Systems in Scrubber market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flue-gas Desulfurization Systems in Scrubber.
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