Flue Gas Desulfurization (FGD) Market Size, Share & Trends Analysis Report By Technology (Wet FGD Systems, Dry FGD Systems), By Application (New Systems, Reagents & Replacements), And Segment Forecasts, 2012 - 2020

Published: Apr, 2018 | Pages: 85 | Publisher: Grand View Research
Industry: Power | Report Format: Electronic (PDF)

The global flue gas desulfurization market size is expected to reach USD 23.69 billion by 2020, according to a new report by Grand View Research, Inc. Growing industrial sector around the globe is expected to drive the market.

Rise in infrastructure investment is of major importance to developing as well as developed economies, especially for sustainable development. The infrastructure sector in India, for instance, witnessed 33 deals worth USD 3.49 billion in the financial year 2016-17, wherein majority of deals were by the roads, power, and renewable sectors. The government of India has also planned to invest USD 7.07 billion for development of northeastern states bordering China, Bangladesh, Myanmar, and Bhutan. This is expected to drive the demand for cement, which will subsequently boost the demand for flue gas desulfurization (FGD).

Increased demand for electricity in regions such as North America and Asia Pacific is expected to boost the FGD market. Stringent regulations regarding emission of harmful gases from manufacturing industries is expected to further propel the market over the forecast period.

The chemical sector in Asia Pacific is expanding at a significant pace, propelling the demand for FGD systems. The booming metal smelting and cement manufacturing industries in the region are also contributing to the growth of the market.

Further key findings from the report suggest:

• In terms of revenue, the wet FGD systems technology segment is anticipated to reach USD 9.54 billion by 2020, at a CAGR of 5.0% from 2014 to 2020. Dry FGD systems, on the other hand, will exhibit a CAGR of 5.5% over the forecast period

• By application, new systems dominated the global flue gas desulfurization market with a share of 51.5% in 2013

• The North America flue gas desulfurization market is anticipated to reach USD 4.42 billion by 2020. Asia Pacific, on the other hand, is projected to witness a remarkable CAGR of 7.7% over the forecast period, owing to rapid developments in the industrial sector

• Some of the key companies present in the market are Alstom S.A.; China Boqi; Babcock and Wilcox Company; Chiyoda Corporation; Ducon Technologies Inc.; Hitachi Power System America Ltd.; Hamon Research-Cottrell; Lonjing Environment Technology Co. Ltd.; Marsulex Environmental Technologies; Mitsubishi Heavy Industries, Ltd.; Siemens Energy; and Thermax.

 Table of Contents

Chapter 1 Executive Summary
                 1.1 Flue Gas Desulfurization - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Flue Gas Desulfurization Industry Outlook
                 2.1 Market Segmentation
                 2.2 Market Size and Growth Prospects
                 2.3 Flue Gas Desulfurization Value Chain Analysis
                 2.4 Flue Gas Desulfurization Market Dynamics
                      2.4.1 Market driver analysis
                           2.4.1.1 Stringent environmental regulations
                           2.4.1.2 Rising electricity demand and growing environmental concerns
                      2.4.2 Market restraint analysis
                           2.4.2.1 High costs along with shift towards renewable energy
                 2.5 Key Opportunities Prioritized
                 2.6 Industry Analysis - Porter's
                 2.7 Flue Gas Desulfurization - PESTEL Analysis
Chapter 3 Flue Gas Desulfurization Technology Outlook
                 3.1 Wet Flue Gas Desulfurization Systems
                      3.1.1 market estimates and forecasts, 2012 - 2020 (USD Million)
                 3.2 Dry Flue Gas Desulfurization Systems
                      3.2.1 market estimates and forecasts, 2012 - 2020 (USD Million)
Chapter 4 Flue Gas Desulfurization Application Outlook
                 4.1 New Flue Gas Desulfurization Systems
                      4.1.1 market estimates and forecasts, 2012 - 2020 (USD Million)
                 4.2 Reagents and Replacements
                      4.2.1 market estimates and forecasts, 2012 - 2020 (USD Million)
Chapter 5 Flue Gas Desulfurization Regional Outlook
                 5.1 North America
                      5.1.1 Flue gas desulfurization market estimates and forecasts, by technology, 2012 - 2020 (USD Million)
                      5.1.2 Flue gas desulfurization market estimates and forecast, by application, 2012 - 2020 (USD million)
                 5.2 Europe
                      5.2.1 Flue gas desulfurization market estimates and forecasts, by technology, 2012 - 2020 (USD Million)
                      5.2.2 Flue gas desulfurization market estimates and forecast by application, 2012 - 2020 (USD million)
                 5.3 Asia Pacific
                      5.3.1 Flue gas desulfurization market estimates and forecasts, by technology, 2012 - 2020 (USD Million)
                      5.3.2 Flue gas desulfurization market estimates and forecast by application, 2012 - 2020 (USD million)
                 5.4 RoW
                      5.4.1 Flue gas desulfurization market estimates and forecasts, by technology, 2012 - 2020 (USD Million)
                      5.4.2 Flue gas desulfurization market estimates and forecast by application, 2012 - 2020 (USD million)
Chapter 6 Flue Gas Desulfurization Competitive Landscape
                 6.1 Alstom S.A.
                      6.1.1 Company Overview
                      6.1.2 Financial Performance
                      6.1.3 Product Benchmarking
                      6.1.4 Strategic Initiatives
                 6.2 Babcock and Wilcox Company
                      6.2.1 Company Overview
                      6.2.2 Financial Performance
                      6.2.3 Product Benchmarking
                      6.2.4 Strategic Initiatives
                 6.3 China Boqi
                      6.3.1 Company Overview
                      6.3.2 Financial Performance
                      6.3.3 Product Benchmarking
                      6.3.4 Strategic Initiatives
                 6.4 Chiyoda Corporation
                      6.4.1 Company Overview
                      6.4.2 Financial Performance
                      6.4.3 Product Benchmarking
                      6.4.4 Strategic Initiatives
                 6.5 Ducon Technologies Inc.
                      6.5.1 Company Overview
                      6.5.2 Financial Performance
                      6.5.3 Product Benchmarking
                      6.5.4 Strategic Initiatives
                 6.6 Hitachi Power System America Ltd.
                      6.6.1 Company Overview
                      6.6.2 Financial Performance
                      6.6.3 Product Benchmarking
                      6.6.4 Strategic Initiatives
                 6.7 Hamon Research-Cottrell
                      6.7.1 Company Overview
                      6.7.2 Financial Performance
                      6.7.3 Product Benchmarking
                      6.7.4 Strategic Initiatives
                 6.8 Lonjing Environment Technology Co. Ltd
                      6.8.1 Company Overview
                      6.8.2 Financial Performance
                      6.8.3 Product Benchmarking
                      6.8.4 Strategic Initiatives
                 6.9 Mitsubishi Heavy Industries, Ltd.
                      6.9.1 Company Overview
                      6.9.2 Financial Performance
                      6.9.3 Product Benchmarking
                      6.9.4 Strategic Initiatives
                 6.10 Marsulex Environmental Technologies
                      6.10.1 Company Overview
                      6.10.2 Financial Performance
                      6.10.3 Product Benchmarking
                      6.10.4 Strategic Initiatives
                 6.11 Siemens Energy
                      6.11.1 Company Overview
                      6.11.2 Financial Performance
                      6.11.3 Product Benchmarking
                      6.11.4 Strategic Initiatives
                 6.12 Thermax
                      6.12.1 Company Overview
                      6.12.2 Financial Performance
                      6.12.3 Product Benchmarking
                      6.12.4 Strategic Initiatives
Chapter 7 Methodology & Scope
                 7.1 Research Methodology
                 7.2 Research Scope & Assumptions
                 7.3 List of Data Sources

List of Tables

1.Flue gas desulfurization - Industry Summary & Critical Success Factors (CSFs)
2.Flue gas desulfurization market revenue, 2012 - 2020
3.Flue gas desulfurization - Key driver analysis
4.Flue gas desulfurization - Key restraint analysis
5.Global wet flue gas desulfurization systems demand, (revenue), 2012 - 2020
6.Global wet flue gas desulfurization systems demand, by region, (revenue), 2012 - 2020
7.Global dry flue gas desulfurization systems demand, (revenue), 2012 - 2020
8.Global dry flue gas desulfurization systems demand, by region, (revenue), 2012 - 2020
9.Global flue gas desulfurization demand in new FGD systems, (revenue), 2012 - 2020
10.Global flue gas desulfurization demand in new FGD systems, by region, (revenue), 2012 - 2020)
11.Global flue gas desulfurization demand in reagents & replacements, (revenue), 2012 - 2020
12.Global flue gas desulfurization demand in reagents & replacements, by region, (revenue), 2012 - 2020)
13.North America flue gas desulfurization market revenue, by technology, 2012 - 2020 (USD Million)
14.North America flue gas desulfurization market revenue, by application, 2012 - 2020 (USD Million)
15.Europe flue gas desulfurization market revenue, by technology, 2012 - 2020 (USD Million)
16.Europe flue gas desulfurization market revenue, by application, 2012 - 2020 (USD Million)
17.Asia Pacific flue gas desulfurization market revenue, by technology, 2012 - 2020 (USD Million)
18.Asia Pacific flue gas desulfurization market revenue, by application, 2012 - 2020 (USD Million)
19.RoW flue gas desulfurization market revenue, by technology, 2012 - 2020 (USD Million)
20.RoW flue gas desulfurization market revenue, by application, 2012 - 2020 (USD Million)

List of Figures

1.Flue gas desulfurization market segmentation
2.Global Flue gas desulfurization market (Revenue), 2012 - 2020
3.Flue gas desulfurization - Value chain analysis
4.Flue gas desulfurization - Market dynamics
5.Key opportunities prioritized
6.Industry analysis - Porter's
7.Flue gas desulfurization PESTEL analysis, 2013
8.Global flue gas desulfurization market share, by technology 2013 & 2020
9.Global wet flue gas desulfurization systems demand, (revenue), 2012 - 2020
10.Global dry flue gas desulfurization systems demand, (revenue), 2012 - 2020
11.Global flue gas desulfurization market share, by application 2013 & 2020
12.Global flue gas desulfurization demand in new FGD systems, (revenue), 2012 - 2020
13.Global flue gas desulfurization demand in reagents & replacements, (revenue), 2012 - 2020
14.North America flue gas desulfurization market estimates and forecast, 2012 - 2020 (USD million)
15.Europe flue gas desulfurization market estimates and forecast, 2012 - 2020 (USD million)
16.Asia Pacific flue gas desulfurization market estimates and forecast, 2012 - 2020 (USD million)
17.RoW flue gas desulfurization market estimates and forecast, 2012 - 2020 (USD million)