Global Flue Gas Desulfurization (FGD) Market, by Installation (Greenfield Vs. Brownfield & Revamp), by Type (Dry & Semi-dry FGD System Vs. Wet FGD System), by End User (Power Generation, Chemical & Others), by Region, Competition, Forecast & Opportunities, 2024

Global Flue Gas Desulfurization (FGD) Market Overview

The Global Flue Gas Desulfurization (FGD) Market is forecast to grow from $ 15 billion in 2018 to $ 19 billion by 2024, owing to the enforcement of various laws and regulations that mandate SOx emitting industries to install air quality control equipment in their plants across the globe. Flue gas desulfurization is a technology which removes sulfur dioxide (SO2) from the flue gas emitted by fossil fuel power plants prior to its release into the atmosphere.

Flue gas desulfurization (FGD) market is growing across the globe, on account of increasing prevalence of airborne diseases, implementation of environmental laws and regulations, and growing concerns over environmental pollution. Increasing demand for FGD systems from chemicals, power generation, cement manufacturing, iron & steel, and various other industries is also expected to fuel the FGD market, globally, during forecast period.

Global Flue Gas Desulfurization (FGD) Market Segment Insights

In terms of type, flue gas desulfurization market is categorized into dry & semi-dry FGD system and wet FGD system. Of the two types, wet FGD system category is anticipated to account for the majority share in the Global FGD Market during the forecast period, owing to growing adoption of wet FGD systems in several industries backed by their high effectiveness in removing SO2 from flue gas.

Global Flue Gas Desulfurization (FGD) Market Regional Insights

Regionally, Asia-Pacific is expected to continue its market dominance and exhibit the fastest growth in the Global Flue Gas Desulfurization (FGD) Market during the forecast period, on the back of increasing demand for FGD systems from power generation, cement and metal smelting industries in countries like China and India. Moreover, alarming pollution levels and stringent laws introduced by the governments to curb pollution in the region are also anticipated to aid the Asia-Pacific FGD market growth in the coming years.

Global Flue Gas Desulfurization (FGD) Market Competitive Landscape
The Global Flue Gas Desulfurization (FGD) Market is consolidated in nature and is dominated by few key players. Some of the major companies operating in the market are Mitsubishi Heavy Industries, Ltd., General Electric Company, Thermax, Babcock & Wilcox Enterprises Inc., Rafako S.A., FLSmidth, and Siemens AG. These companies, through strategic developments, aim at entering new markets and improve their product offerings, in order to consolidate their position in the industry. With increasing number of collaborations between regional and global players, the Global FGD Market is likely to witness further consolidation during forecast period.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:

To analyze and forecast the Global Flue Gas Desulfurization (FGD) Market size, in terms of value.
To forecast the Global Flue Gas Desulfurization (FGD) Market based on installation, type, end-user and regional distribution.
To identify drivers and challenges for the Global Flue Gas Desulfurization (FGD) Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Flue Gas Desulfurization (FGD) Market.
To conduct the pricing analysis for the Global Flue Gas Desulfurization (FGD) Market.
To identify and analyze the profile of leading players operating in the Global Flue Gas Desulfurization (FGD) Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of flue gas desulfurization (FGD) system manufacturers across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers was able to include the manufacturers which could not be identified due to the limitations of secondary research. The authorh analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

The author calculated the Global Flue Gas Desulfurization (FGD) Market size by using a top down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

Flue gas desulfurization system manufacturers, suppliers, distributors and other stakeholders
Flue gas desulfurization system end-user industries
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to flue gas desulfurization (FGD) market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and end-users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:
In this report, the Global Flue Gas Desulfurization (FGD) Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Installation:

Greenfield
Brownfield & Revamp

Market, by Type:

Dry & Semi-dry FGD System
Wet FGD System

Market, by End-User:

Power Generation
Chemicals
Iron & Steel
Cement Manufacturing
Others

Market, by Region:

Asia-Pacific
China
India
Japan
South Korea
Indonesia
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Russia
France
Middle East & Africa
Saudi Arabia
Iran
UAE
South America
Brazil
Argentina
Chile

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Flue Gas Desulfurization (FGD) Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.

1. Flue Gas Desulfurization (FGD): Product Overview2. Research Methodology3. Executive Summary

4. Voice of Customer

4.1. Brand Awareness
4.2. After Sale Service
4.3. Service Quality
4.4. Pricing

5. Global Flue Gas Desulfurization (FGD) Market Outlook

5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Installation (Brownfield & Revamp, Greenfield)
5.2.2. By Type (Wet FGD System, Dry & Semi-dry FGD System)
5.2.3. By End User (Power Generation, Chemical, Cement Manufacturing, Iron & Steel, Others)
5.2.4. By Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America)
5.2.5. By Company
5.3. Product Map (Installation, Type, End-User, Region)

6. Asia-Pacific Flue Gas Desulfurization (FGD) Market Outlook

6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Installation
6.2.2. By Type
6.2.3. By End User
6.2.4. By Country
6.3. Asia-Pacific: Country Analysis
6.3.1. China Flue Gas Desulfurization (FGD) Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By End User
6.3.2. India Flue Gas Desulfurization (FGD) Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By End User
6.3.3. Japan Flue Gas Desulfurization (FGD) Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By End User
6.3.4. South Korea Flue Gas Desulfurization (FGD) Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By End User
6.3.5. Indonesia Flue Gas Desulfurization (FGD) Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By End User

7. North America Flue Gas Desulfurization (FGD) Market Outlook

7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Installation
7.2.2. By Type
7.2.3. By End User
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Flue Gas Desulfurization (FGD) Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By End User
7.3.2. Canada Flue Gas Desulfurization (FGD) Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By End User
7.3.3. Mexico Flue Gas Desulfurization (FGD) Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By End User

8. Europe Flue Gas Desulfurization (FGD) Market Outlook

8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Installation
8.2.2. By Type
8.2.3. By End User
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. Germany Flue Gas Desulfurization (FGD) Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By End User
8.3.2. United Kingdom Flue Gas Desulfurization (FGD) Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By End User
8.3.3. Russia Flue Gas Desulfurization (FGD) Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By End User
8.3.4. France Flue Gas Desulfurization (FGD) Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By End User

9. Middle East & Africa Flue Gas Desulfurization (FGD) Market Outlook

9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Installation
9.2.2. By Type
9.2.3. By End User
9.3.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Flue Gas Desulfurization (FGD) Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By End User
9.3.2. Iran Flue Gas Desulfurization (FGD) Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By End User
9.3.3. UAE Flue Gas Desulfurization (FGD) Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By End User

10. South America Flue Gas Desulfurization (FGD) Market Outlook

10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Installation
10.2.2. By Type
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Flue Gas Desulfurization (FGD) Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By End User
10.3.2. Argentina Flue Gas Desulfurization (FGD) Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1 By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By End User
10.3.3. Chile Flue Gas Desulfurization (FGD) Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

13. Competitive Landscape

13.1. Company Profiles
13.2.1. General Electric
13.2.2. Mitsubishi Heavy Industries
13.2.3. ANDRITZ
13.2.4. FLSMIDTH
13.2.5. Babcock & Wilcox
13.2.6. Thermax
13.2.7. Hamon
13.2.8. Doosan Lentjes
13.2.9. RAFAKO
13.2.10. CLYDE BERGAMANN

14. Strategic Recommendations

List of Figures

Figure 1: Global Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 2: Global Energy Consumption, By Region, 2014-2019 (Mtoe)
Figure 3: Global Electricity Production, By Top Country (TWh), 2019
Figure 4: Global Installed Coal Power Capacity, By Top Country (MW), Till January 2020
Figure 5: Global Primary Energy Consumption, By Fuel, 2019
Figure 6: Global Electricity Generation, By Source, 2019
Figure 7: Global Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 8: Global Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 9: Global Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 10: Global Flue Gas Desulfurization Market Share, By Region, By Value, 2014-2024F
Figure 11: Global Flue Gas Desulfurization Market Share, By Company, By Value, 2018
Figure 12: Installation Map-Market Size (USD Million) & Growth Rate (%)
Figure 13: Type Map-Market Size (USD Million) & Growth Rate (%)
Figure 14: End-Use Map-Market Size (USD Million) & Growth Rate (%)
Figure 15: Region Map-Market Size (USD Million) & Growth Rate (%)
Figure 16: Asia-Pacific Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 17: Asia-Pacific Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 18: Asia-Pacific Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 19: Asia-Pacific Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 20: Asia-Pacific Flue Gas Desulfurization Market Share, By Country, By Value, 2014-2024F
Figure 21: China Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 22: China Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 23: China Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 24: India Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 25: Offshore Drilled Production Wells in India, 2014-2018
Figure 26: India Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 27: India Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 28: Japan Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 29: Production of Major Petrochemicals in Japan, By Volume (Kilo Tons), 2015-2018
Figure 30: Japan Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 31: Japan Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 32: South Korea Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 33: South Korea Electricity Consumption per Capita, 2014-2018 (MWh/Capita)
Figure 34: South Korea Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 35: South Korea Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 36: Indonesia Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 37: Energy Consumption in Indonesia, 2019
Figure 38: Indonesia Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 39: Indonesia Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 40: North America Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 41: North America Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 42: North America Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 43: North America Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 44: North America Flue Gas Desulfurization Market Share, By Country, By Value, 2014-2024F
Figure 45: United States Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 46: United States Electricity Generation, By Energy Source, 2015-2019 (Billion kWh)
Figure 47: United States Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 48: United States Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 49: Canada Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 50: Energy Generation in Canada, By Source, 2019
Figure 51: Canada Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 52: Canada Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 53: Mexico Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 54: Mexico Electricity Generation, 2015-2019 (TWh)
Figure 55: Mexico Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 56: Mexico Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 57: Europe Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 58: Offshore Drilled Production Wells in Europe, 2014-2019
Figure 59: Europe Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 60: Europe Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 61: Europe Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 62: Europe Flue Gas Desulfurization Market Share, By Country, By Value, 2014-2024F
Figure 63: Germany Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 64: Installed Power Generation Capacity in Germany, By Type, As of 2019
Figure 65: Germany Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 66: Germany Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 67: United Kingdom Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 68: United Kingdom Nuclear Power Generation, 2010-2019 (TWh)
Figure 69: United Kingdom Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 70: United Kingdom Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 71: Russia Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 72: Russia Crude Oil Exports, 2012-2019 (Thousand Barrels Per Day)
Figure 73: Number of Onshore Oil & Gas Wells Drilled in Russia, 2014-2019
Figure 74: Russia Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 75: Russia Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 76: France Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 77: France Electricity Production, By Source, 2018 & 2030F
Figure 78: France Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 79: France Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 80: Middle East & Africa Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 81: Oil Reserves in Middle East & Africa (Bn Metric Tons), 2014-2019
Figure 82: Middle East & Africa Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 83: Middle East & Africa Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 84: Middle East & Africa Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 85: Middle East & Africa Flue Gas Desulfurization Market Share, By Country, By Value, 2014-2024F
Figure 86: Saudi Arabia Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 87: Saudi Arabia Crude Oil Production, 2015-2019 (Thousand Barrels per Day)
Figure 88: Saudi Arabia Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 89: Saudi Arabia Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 90: Iran Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 91: Iran Electricity Generation, 2015-2019 (TWh)
Figure 92: Iran Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 93: Iran Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 94: UAE Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 95: UAE Consumption of Energy per Capita, 2015-2019 (Gigajoules per Capita)
Figure 96: UAE Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 97: UAE Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 98: South America Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 99: South America Flue Gas Desulfurization Market Share, By Installation, By Value, 2014-2024F
Figure 100: South America Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 101: South America Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 102: South America Flue Gas Desulfurization Market Share, By Country, By Value, 2014-2024F
Figure 103: Brazil Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 104: Brazil Consumption of Fuel, By Energy Source, 2015-2019 (Million Tons Oil Equivalent)
Figure 105: Brazil Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 106: Brazil Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 107: Argentina Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 108: Installed Capacity in Argentina, By Source, 2019
Figure 109: Argentina Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 110: Argentina Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F
Figure 111: Chile Flue Gas Desulfurization Market Size, By Value, 2014-2024F (USD Million)
Figure 112: Emission in Chile, By Sector, 2019
Figure 113: Chile Flue Gas Desulfurization Market Share, By Type, By Value, 2014-2024F
Figure 114: Chile Flue Gas Desulfurization Market Share, By End-User, By Value, 2014-2024F