Flue gas desulfurization (FGD) consists of removing sulfur dioxide from flue gas before it is emitted. This is done during combustion in fossil fuel power plants such as coal and oil fired combustion units.Flue gas desulfurization market is driven by stringent government regulations related with emissions of harmful gases emitted by various industrial processes in the environment. Developed nations in Europe already have stringent regulations related to emission of sulfur oxides. Furthermore, increasing demand for power coupled with dependence on coal for energy generation will provide momentum to the growth of market in the coming years. In addition, rapid industrialization taking place in emerging countries would further drive the demand for flue gas desulfurization systems. Technological enhancements in design of high performing FGD systems would provide market players with new opportunities to explore. In addition, diminishing cost of FGD systems is expected to provide opportunities for new market entrants. However, high maintenance costs due to the presence of different reagents to treat emission of sulfur content is a key market challenge. The market is also constrained by the availability of alternative methods of flue gas treatment methods such as fluidized bed combustion and THIOPAQ.
The report segments the Europe FGD market on the basis of end-users, types and country. On the basis of end-users, the market is segmented into iron and steel, cement manufacturing, power generation, chemical and other industries. The demand for FGD systems in power generation industry and cement manufacturing units is due to high-grade by-products generated as a result of flue gas treatment process. On the basis of types, the market is segmented into wet FGD and dry FGD. On the basis of country, the report segments the market into UK, Germany, France, Italy, Russia, and Rest of Europe.
New product launches, entering into contracts and agreements, and mergers & acquisitions are the major strategies adopted by market players to consolidate their market presence. Key market players profiled in the report include Alstom SA, Babcock & Wilcox Company, Hamon Corporation, Clyde Bergemann Power Group International Ltd., FLSmidth & Co. A/S, and Siemens AG and others.
KEY BENEFITS FOR STAKEHOLDERS:
The report provides an in-depth insight into the current market trends and changing dynamics in terms of growth opportunities & development aspects in the Europe FGD market
The report offers quantitative analysis of the current market and estimations through 2014-2020 and helps in identifying the current market opportunities that the market participants & interested stakeholders can capitalize on
The report assesses the changing dynamics of competitive landscape scenario in terms of upcoming technologies, R&D activities along with offering information on emerging & high growth regions
An exhaustive analysis on the market penetration and market diversification is provided in the report which will help to gauge the pulse of the market
SWOT analysis & investment feasibility analysis of new projects help in understanding the potentiality of key buyers & suppliers
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors
This study evaluates changing competitive landscape scenario in terms of value chain analysis and the dominant strateg
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.