Global Flue Gas Desulphurization System Market Growth Factors and Global Leading Players are Mitsubishi Heavy Industries Ltd., General Electric, Doosan Lentjes, Babcock & Wilcox Enterprises, Inc., RAFAKO- EPC, Siemens
A new business intelligence report released by Data bridge Market Research with title “Global Flue Gas Desulphurization System Market Size, Status and Forecast 2018-2025” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Flue Gas Desulphurization System Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Mitsubishi Heavy Industries Ltd., General Electric, Doosan Lentjes, Babcock & Wilcox Enterprises, Inc., RAFAKO- EPC, Siemens, FLSmidth, Hamon Corporation, Clyde Bergemann Limited
Global Flue Gas Desulphurization System Market, By Type (Wet FGD System, Dry & Semi- Dry FGD System), Installation (Greenfield, Brownfield), End- User (Power Generation, Chemical, Cement Manufacturing, Iron & Steel), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
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Global Flue Gas Desulphurization System Market is expected to rise from its initial estimated value of USD 16.94 billion in 2018 to an estimated value of USD 26.45 billion by 2026, registering a CAGR of 5.73% in the forecast period of 2019-2026. Increase in the use of coal power generation is the major factor for the growth of this market.
Competitive Analysis: Global Flue Gas Desulphurization System Market
Global flue gas desulphurization system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flue gas desulphurization system market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Flue Gas Desulphurization System Market
Few of the major competitors currently working in flue gas desulphurization system market are Mitsubishi Heavy Industries Ltd., General Electric, Doosan Lentjes, Babcock & Wilcox Enterprises, Inc., RAFAKO- EPC, Siemens, FLSmidth, Hamon Corporation, Clyde Bergemann Limited, Marsulex Environmental Technologies, Thermax Global, Andritz, Burns & McDonnell, Alstom, Sumitomo Heavy Industries, Ltd., DUCON.
• The study provides an in-depth analysis of the Flue Gas Desulphurization System market size along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the predominant Flue Gas Desulphurization System market opportunities.
• A comprehensive analysis of all the geographical regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Flue Gas Desulphurization System market.
Market Definition: Global Flue Gas Desulphurization System Market
To remove sulphur dioxide from exhaust flue gases of fossil fuels power plant and from other sulphur oxide emitting processes, FGD or flue gas desulphurization technology is used. This sulphur oxide is very harmful for the environment as they are responsible for acid rains and is also hazardous for the health. The most common FGD are lime or limestone This technology include wet scrubbing technology which includes wet limestone, limestone forced oxidation and magnesium- enhanced lime while on the other hand dry scrubbing technology constitutes lime spray drying, furnace sorbent injection, duct sorbent injection etc. The highest sulphide oxide removal efficiency is achieved y wet scrubbers and lowest by dry scrubber but now with the new design that is improved.
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
- To provide nutrients to crop and improve soil structure, FGD are used as soil amendment.
- They remove sulphur oxide which is harmful for the environment as they produce acid rains.
- Installation costs of FGD systems are very high.
- They require high operational energy.
Key Developments in the Market:
- In February 2019, Hengyuan Refining Bhd., are investing USD 66.4 million to develop a hydrogen manufacturing unit for the production of cleaner fuel. Hydrogen from the new unit will be used to the refinery’s hydrodesulfurization Unit No. 2 as well as other extractive desulfurization hydrotreating processes at the site to help meet Malaysia’s upcoming 10-ppmw Euro 5 gas oil sulfur specification.
- In January 2019, China National Offshore Oil Corp. and Petrochemical Co. Ltd has completed their testing of diesel liquid- phase hydrogenation (DHT) for the production of China VI diesel. This unit have DuPont Clean Technologies which has emission lowering technology and wet-scrubbing catalytic cracking flue gas desulfurization technology
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