Flue Gas Desulfurization Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Energy and Power | Delivery Format: PDF | Status: Forthcoming | Report ID: ARC462

Introduction

Flue gas desulfurization is the technology applied to eradicate sulfur dioxide from flue smokes of power plant. Currently flue gas desulfurization is the only commercially available technology for the reduction of sulfur dioxide from power plants. Lime plays an important role in several air pollution controller applications. To remove hydrogen chloride and sulfur dioxide from flue fumes, lime is used. Lime is also used for the elimination of mercury as it is more reactive compared to limestone. The efficiency of sulfur dioxide using lime scrubbers at electric plants is approximately in the range of 95 to 99 percent. In addition, the efficiency of HCL elimination at corporation waste plant is in the range of 95 to 99 percent.

Market Dynamics

The market for flue gas desulfurization is predicted to grow owing to the increase in demand for electricity and power. Generation of electricity & power leads to the emission of harmful chemicals in environment and hence flue gas desulfurization technology comes into picture. Moreover, the increase in sulphur dioxide content in the environment, leading to degradation of atmosphere has raised concerns among various government establishments, which also paves the growth ways for the flue gas desulfurization technology. Also, the requirement to substitute damaged flue gas desulfurization equipment for smooth operations of industrial parts is an added advantage for the growth of flue gas desulfurization market. The high upkeep cost of flue gas desulfurization technology is the major restraining factor for flue gas desulfurization market. Also, the presence of different methods to eliminate emission of sulphur dioxide restricts the market growth for flue gas desulfurization. However, the decreasing cost associated with the flue gas desulfurization technology is likely to provide huge growth opportunity for the manufacturers of flue gas desulfurization.

Market Classification and Overview

The flue gas desulfurization market can be segmented based on type, end-use industry, and region. Wet flue gas desulfurization, and dry & semi-dry flue gas desulfurization are the two major segments based on type. The dry & semi-dry segment accounted for the largest share of flue gas desulfurization market. The segment is also projected to witness highest growth during the forecast period as the system is relatively less expensive than other system. Chemicals, power generation, cement manufacturing, iron & steel and others are the end-use industries for flue gas desulfurization market. The market for flue gas desulfurization is projected to witness highest growth from power generation industry during the forecast period as the developing and developed economies uses coal for the generation of electricity.

Regional Overview

The market for flue gas desulfurization is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa (MEA). The Asia-Pacific region was the largest market for flue gas desulfurization, in terms of value and volume, in the current year. The region is also projected to witness highest growth during the forecast period owing to the rise in flue gas desulfurization system from the end-use industries. Moreover, the strict air secretion norms are likely to drive the market in India and China. European flue gas desulfurization market is projected to surge because of the reduction of nuclear power due to its harmful impact on environment.

Report Coverage

Market

Global Flue Gas Desulfurization Market

Analysis Period

2014 – 2024

Historic Data

2014 – 2015

Base Year

2016

Forecast Data

2017 – 2024

Market Stratification

Type, End Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the players involved in the manufacture and supply of flue gas desulfurization include Ducon Technology Inc., Marsulex Environmental Technologies, Babcock & Wilcox Enterprises, Siemens Energy, Alstom S.A., Mitsubishi Electric Corporation Ltd., Flsmidth & Co. A/S, and Clyde Bergemann Power Group among others.

Market Segmentation

Market By Type

·         Wet flue gas desulfurization

·         Dry & semi-dry flue gas desulfurization

Market By End Use Industry

·         Chemicals

·         Power generation

·         Cement manufacturing

·         Iron & steel

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o    Brazil

o   Chile

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA

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