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Flue Gas Desulfurization Systems Market by Type, Application, Region - Global Forecast to 2021

  • ID: 3858071
  • Report
  • September 2016
  • Region: Global
  • 135 Pages
  • Markets and Markets
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The Global Flue Gas Desulfurization System Market is Projected to Grow from USD 14.35 Billion in 2015 to USD 19.96 Billion by 2021 at a CAGR of 5.7%

FEATURED COMPANIES

  • Babcock & Wilcox Company
  • Burns & Mcdonnell Inc.
  • FLSmidth & Co. A/S
  • Hamon Corporation
  • Siemens Ag
  • Thermax Ltd.
  • MORE
"Flue Gas Desulfurization Systems Market by Type (Wet FGD, Dry & Semi-Dry FGD), Application (Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Others), Region (North America, Europe, APAC, Middle East & Africa, Latin America) - Global Forecast to 2021"

The global flue gas desulfurization (FGD) system market is projected to grow from USD 14.35 billion in 2015 to USD 19.96 billion by 2021, at a CAGR of 5.7% between 2016 and 2021. Government regulations to control the emissions of sulfur from the power generation industry is propelling the growth of this market.

The power generation segment accounted for the largest share of the global flue gas desulfurization system market in 2015. Coal-fired plants are the main emitters of sulfur oxides. With the establishment of coal-fired plants, new opportunities have arisen for the installation of FGD systems. Moreover, in China and India, regulations imposed for the control of air pollution are gradually becoming stringent. This, in turn, will create opportunities for the installation of FGD systems in coal-fired plants in these countries.

The wet FGD segment accounted for the largest share of the global flue gas desulfurization system market in 2015. The wet FGD system technology is the most preferred and used technology to remove the sulfur oxide present in flue gas, worldwide. This system is highly efficient in relatively high removal efficiency and the low cost of operation. This system is mostly employed for the collection for both, gas and particulate matter. Whereas the dry FGD system is preferred in cement, iron, and steel industries where low sulfur content coal is used.

The Asia-Pacific region accounted for the largest share of the global flue gas desulfurization system market in 2015. The flue gas desulfurization system market in the Asia-Pacific region is projected to register the highest growth rate mainly due to the increasing number of coal based thermal power plants in the region. Increasing population and urbanization are stimulating the market growth for awide range of industries in the region, thus increasing the demand for the FGD system in the region.  

Profile break-up of primary participants for the report:

- By Company Type - Tier 1 - 55 %, Tier 2 - 20%, Tier 3 - 25%
- By Designation - C level - 75%, Manager level - 25%
- By Region - North America - 10%, Europe - 20%, Asia-Pacific - 30%, Middle East & Africa - 20%, Latin America - 20%

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Alstom SA (France), Babcock & Wilcox Enterprises, Inc. (U.S.), FLSmidth & Co. A/S (Denmark), Hamon Corporation (London), Siemens AG (Germany), and  Clyde Bergemann Power Group (U.S.), Burns & Mcdonnell (U.S.), Marsulex Environmental Technologies (U.S.), Mitsubishi Electric Corporation, Ltd. (Japan), and Thermax Limited (India).

Target Audience

- FGD System Producers
- FGD System Traders, Suppliers, and Distributors
- Government and Research Organizations
- Associations and Industrial Bodies
- Raw Material Suppliers and Distributors
- Shipping Companies
- Industry Associations

Scope of the Report

This research report categorizes the FGD system on the basis of type, end-user, and region, forecasting revenues as well as analyzing trends in each of the sub-markets.

On the basis of type:
- Wet FGD System
- Dry & Semi-Dry FGD System

On the basis of end-user:
- Power Generation
- Chemical
- Iron & Steel
- Cement Manufacturing
- Others

On the basis of region:
- Asia-Pacific
- North America
- Europe
- Middle East & Africa
- Latin America
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Babcock & Wilcox Company
  • Burns & Mcdonnell Inc.
  • FLSmidth & Co. A/S
  • Hamon Corporation
  • Siemens Ag
  • Thermax Ltd.
  • MORE
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Scope Of The Study
1.3.1 Regional Scope
1.3.2 Markets Covered
1.3.3 Years Considered In The Report
1.4 Currency & Pricing
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Key Data From Secondary Sources
2.1.2 Key Data From Primary Sources
2.1.2.1 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary
3.1 Introduction

4 Premium Insights
4.1 Significant Opportunities In The Global FGD System Market
4.2 Global FGD System Market, By Type
4.3 Asia-Pacific FGD System Market
4.4 Global FGD System Market, By Region
4.5 Global FGD System Market, By Application

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Rise In Environmental Awareness And Stringent Regulations Are Expected To Increase The Demand For FGD Systems
5.1.1.2 Marketable By-Products
5.1.2 Restraints
5.1.2.1 Emergence Of Alternate And Renewable Sources Of Energy
5.1.2.2 Waste Disposal Requirement And Associated Costs
5.1.3 Opportunities
5.1.3.1 Increasing Number Of Coal-Fired Plants In India And China
5.1.4 Challenges
5.1.4.1 High Energy Requirement

6 FGD System Market, Emission Control Regulations
6.1 Introduction
6.2 Sulfur Control Regulations, By Regions
6.2.1 Asia-Pacific
6.2.1.1 China
6.2.1.2 India
6.2.2 Europe
6.2.3 North America
6.2.3.1 U.S.
6.2.4 Conclusion

7 Mist Eliminator Market, By Region
7.1 Introduction
7.2 Global Mist Eliminator Market, By Material
7.3 Global Mist Eliminator Market, By Type

8 FGD System Market, By Type
8.1 Introduction
8.2 Wet FGD System
8.2.1 Wet FGD System Market, By Region, 2016-2021 (USD Million)
8.2.2 Dry & Semi-Dry FGD System
8.2.3 Dry & Semi-Dry FGD System Market, By Region, 2016-2021 (USD Million)
8.2.4 Comparison Between Wet FGD Systems, And Dry & Semi-Dry FGD Systems

9 FGD System Market, By End User
9.1 Introduction
9.2 Power Generation
9.2.1 Electricity Production, By Region, 2015 (TWH)
9.2.2 Power Generation FGD System Market, By Region, 2016-2021 (USD Million)
9.2.3 Chemical
9.2.4 Chemical Production- 2016 (Average Annual Year Change)
9.2.5 Chemical Industries FGD System Market, By Region, 2016-2021 (USD Million)
9.3 Iron & Steel
9.3.1 Crude Steel Production, 2010-2015 (Million Tons)
9.3.2 Iron & Steel FGD System Market, By Region, 2016-2021 (USD Million)
9.4 Cement Manufacturing
9.4.1 Cement Manufacturing FGD System Market, By Region, 2016-2021 (USD Million)
9.5 Others
9.5.1 FGD System Market For Others, By Region,  2016-2021 (USD Million)

10 FGD System Market, By Region
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Australia & New Zealand
10.3 North America
10.3.1 U.S.
10.3.2 Canada
10.3.3 Mexico
10.4 Europe
10.4.1 Germany
10.4.2 U.K.
10.4.3 France
10.4.4 Italy
10.5 Latin America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Kuwait
10.6.5 Oman

11 Competitive Landscape
11.1 Overview
11.2 Competitive Situations And Trends
11.3 Competitive Benchmarking
11.3.1 New Contracts
11.3.2 Expansions
11.3.3 New Product Developments
11.3.4 Joint Ventures & Acquisitions, 2012 - 2016

12 Company Profiles
(Overview, Financial*, Products & Services, Strategy, And Developments)
12.1 Introduction
12.2 Babcock & Wilcox Company
12.3 Mitsubishi Electric Corporation, Ltd.
12.4 Thermax Ltd.
12.5 Siemens Ag
12.6 FLSmidth & Co. A/S
12.7 Hamon Corporation
12.8 Clyde Bergemann Power Group International Ltd.
12.9 Burns & Mcdonnell Inc.
12.10 Marsulex Environmental Technologies
12.11 Other Players
*Details Might Not Be Captured In Case Of Unlisted Companies.

13 Appendix
13.1 Discussion Guide

List Of Tables

Table 1 Asia-Pacific Dominated The FGD System Market In 2015
Table 2 China, EU, And U.S. Coal Fired Power Plant Standard (Mg/M3):
Table 3 Regulations (2003-2017)
Table 4 Mist Eliminator Market, By Region, 2014 - 2021 (USD Million)
Table 5 Mist Eliminator Regional Market, By Material, 2015 (USD Million)
Table 6 Mist Eliminator Market, By Type, 2015 (USD Million)
Table 7 FGD System Market, By Type, 2014-2021 (USD Million)
Table 8 Wet FGD System Market, By Region, 2014-2021 (USD Million)
Table 9 Dry & Semi-Dry FGD System Market, By Region, 2014-2021 (USD Million)
Table 10 FGD System Market, By End User, 2014-2021 (USD Million)
Table 11 Power Generation: FGD System Market, By Region, 2014-2021 (USD Million)
Table 12 Chemical: FGD System Market, By Region, 2014-2021 (USD Million)
Table 13 Iron & Steel FGD System Market, By Region, 2014-2021 (USD Million)
Table 14 Cement Manufacturing: FGD System Market, By Region,  2014-2021 (USD Million)
Table 15 Others: FGD System Market Size, By Region 2014-2021 (USD Million)
Table 16 FGD System Market, By Region, 2014 - 2021 (USD Million)
Table 17 Asia-Pacific FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 18 Asia-Pacific FGD System Market, By Country, 2014 - 2021 (USD Million)
Table 19 Asia-Pacific FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 20 China FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 21 China FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 22 Japan FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 23 Japan FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 24 India FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 25 India FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 26 South Korea FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 27 South Korea FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 28 Australia & New Zealand FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 29 Australia & New Zealand FGD System Market, By End-User,  2014 - 2021 (USD Million)
Table 30 North America FGD System Market, By Type,  2014 - 2021 (USD Million)
Table 31 North America FGD System Market, By Country,  2014 - 2021 (USD Million)
Table 32 North America FGD System Market, By End-User,  2014 - 2021 (USD Million)
Table 33 U.S. FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 34 U.S. FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 35 Canada FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 36 Canada FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 37 Mexico FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 38 Mexico FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 39 Europe FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 40 Europe FGD System Market, By Country, 2014 - 2021 (USD Million)
Table 41 Europe FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 42 Germany FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 43 Germany FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 44 U.K. FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 45 U.K. FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 46 France FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 47 France FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 48 Italy FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 49 Italy FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 50 Latin America FGD System Market, By Type,  2014 - 2021 (USD Million)
Table 51 Latin America FGD System Market, By Country,  2014 - 2021 (USD Million)
Table 52 Latin America FGD System Market, By End-User,  2014 - 2021 (USD Million)
Table 53 Brazil FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 54 Brazil FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 55 Argentina FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 56 Argentina FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 57 Chile FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 58 Chile FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 60 Middle East & Africa FGD System Market, By Type,  2014 - 2021 (USD Million)
Table 61 Middle East & Africa FGD System Market, By Country,  2014 - 2021 (USD Million)
Table 62 Middle East & Africa FGD System Market, By End-User,  2014 - 2021 (USD Million)
Table 63 UAE FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 64 UAE FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 65 Saudi Arabia FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 66 Saudi Arabia FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 67 Qatar FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 68 Qatar FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 69 Kuwait FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 70 Kuwait FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 71 Oman FGD System Market, By Type, 2014 - 2021 (USD Million)
Table 72 Oman FGD System Market, By End-User, 2014 - 2021 (USD Million)
Table 73 New Contracts, 2012 - 2016
Table 74 Expansions, 2012 - 2016
Table 75 New Product Development, 2012 - 2016
Table 76 Joint Ventures & Acquisitions, 2012 - 2016

List Of Figures

Figure 1 Flue Gas Desulfurization Market: Segmentation
Figure 2 Research Design
Figure 3 Breakdown Of Primary Interviews
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Flue Gas Desulfurization Market: Data Triangulation
Figure 7 Power Generation Application Segment Is Leading The Global FGD Market
Figure 8 Wet FGD Segment To Account For The Largest Share Of The Global FGD System Market
Figure 9 Asia-Pacific Led The Global FGD Market
Figure 10 Emerging Economies In The Asia-Pacific Region Offer Several Unexplored Opportunities To The Players In The FGD System Market
Figure 11 The Wet FGD Segment Is Projected To Grow At The Highest Cagr Between 2016 And 2021
Figure 12 China Accounted For The Largest Share Of Asia-Pacific FGD System Market In 2015
Figure 13 The FGD Market In The Asia-Pacific Regi0N Is Expected To Grow At The Highest CAGR Between 2016 And 2021
Figure 14 Among Applications, The Power Generation Segment Is Expected To Grow At The Highest Rate Between 2016 And 2021
Figure 15 Drivers, Restraints, Opportunities, And Challenges In The FGD Market
Figure 16 List Of Regulations And Standards That Encourage Use Of FGD Systems
Figure 17 U.S. Regulations From 2005-2015
Figure 18 Mist Eliminator Market, By Type
Figure 19 FGD System Market, By Type, 2016 & 2021 (USD Million)
Figure 20 FGD System Market, By End User, 2016 & 2021 (USD Million)
Figure 21 Global Growth Rate Snapshot
Figure 22 Asia-Pacific FGD System Market Snapshot
Figure 23 North America Market Snapshot
Figure 24 Europe Market Snapshot
Figure 25 Latin America FGD System Market Snapshot
Figure 26 Middle East & Africa FGD System Market Snapshot
Figure 27 Companies Adopted New Contracts As The Key Growth Strategy During The Forecast Period
Figure 28 Strategies Adopted By Market Players Between 2012 And 2016
Figure 29 New Contracts: The Most Preferred Strategy Adopted By Companies Between 2012 And 2016
Figure 30 Battle For Market Share: Expansions Was The Key Strategy, 2012 - 2016
Figure 31 Regional Revenue Mix Of Market Players
Figure 32 Babcock & Wilcox : Company Snapshot
Figure 33 Mitsubishi Electric Corporation, Ltd.: Company Snapshot
Figure 34 Siemens Ag : Company Snapshot
Figure 35 FLSmidth & Co. A/S : Company Snapshot
Figure 36 Hamon Corporation : Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Babcock & Wilcox Company
  • Burns & Mcdonnell Inc.
  • FLSmidth & Co. A/S
  • Hamon Corporation
  • Siemens Ag
  • Thermax Ltd.
  • MORE
The global flue gas desulfurization system market is projected to grow from USD 14.35 Billion in 2015 to USD 19.96 Billion by 2021, at a CAGR of 5.7% between 2016 and 2021. This growth is mainly attributed to the impressive development of the power generation manufacturing and industry in the Asia-Pacific region, and stringent environmental regulations that have been imposed to control air pollution. Consideration of coal as the most reliable source of energy also acts as a driver for the FGD system market. The emergence of alternate and renewable sources of energy acts as a major restraint for the growth of the market.

The power generation segment dominated the global flue gas desulfurization system market in 2015, followed by the industrial manufacturing segment. The power generation segment is projected to grow at the highest CAGR from 2016 to 2021, followed by growth in the chemical manufacturing segment.

The Asia-Pacific region is the fastest-growing market, as it is a major consumer of the flue gas desulfurization system. There is an increasing demand for the flue gas desulfurization system from both, developed and developing countries of this region, such as Japan, China, India, Australia, and others. An increasing number of coal-based thermal power plants is expected to drive the growth of the FGD system market in China.

A growing population, urbanization, and end-use industry are increasing the demand for the flue gas desulfurization system from the end-user industries, driving the growth of the flue gas desulfurization system market in the Asia-Pacific region.  Increasing chemical manufacturing, increased cement production, coupled with the growing iron & steel industry, is expected to further boost the flue gas desulfurization system market in this region.

One of the major factors inhibiting the growth of the market is the sluggish growth of the flue gas desulfurization system market in Europe and North America. Key market players operating in the global flue gas desulfurization system market, such as Alstom SA (France), Babcock & Wilcox Enterprises, Inc. (U.S.), FLSmidth & Co. A/S (Denmark), Hamon Corporation (London), Siemens AG (Germany), and  Clyde Bergemann Power Group (U.S.), Burns & Mcdonnell (U.S.), Marsulex Environmental Technologies (U.S.), Mitsubishi Electric Corporation, Ltd. (Japan), and Thermax Limited (India), have adopted various strategies to increase their market shares. New contracts, joint ventures, acquisitions, new product launches, and expansions are some of the key strategies adopted by the market players to achieve growth in the global flue gas desulfurization system market.
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- Babcock & Wilcox Company
- Burns & Mcdonnell Inc.
- Clyde Bergemann Power Group International Ltd.
- FLSmidth & Co. A/S
- Hamon Corporation
- Marsulex Environmental Technologies
- Mitsubishi Electric Corporation, Ltd.
- Siemens Ag
- Thermax Ltd.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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