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Flue Gas Desulfurization Systems Market by Type, Application, Region - Global Forecast to 2021 www.MarketsandMarkets.com
Flue Gas Desulfurization Systems Market by Type (Wet FGD, Dry & Semi-Dry FGD), Application (Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Others), Region (North America, Europe, APAC, Middle East & Africa, Latin America) - Global Forecast to 2021 The global flue gas desulfurization system market is projected to grow from USD 14.35 Billion in 2015 to USD 19.96 Billion by 2021, at a CAGR of 5.7% between 2016 and 2021. This growth is mainly attributed to the impressive development of the power generation manufacturing and industry in the Asia-Pacific region, and stringent environmental regulations that have been imposed to control air pollution. PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=862
Power generation was the fastest-growing end-user segment of the global flue gas desulfurization system market Based on end-user, the FGD system market has been segmented into power generation, chemical, iron & steel, cement, and others. The power generation segment contributed the largest share to the flue gas desulfurization system market in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. Based on the increase in the number of end-users, the power generation segment is expected to lead the FGD system market, as most developing and developed countries are dependent on coal for electricity generation. The FGD system market will also witness an increase in demand from the power generation industry due to stringent regulations which require the control of sulfur emissions. Request for Customization : http://www.marketsandmarkets.com/requestCustomization.asp?id=862
Browse >> 75 data tables 37 figures 136 pagesand in-depth TOC on “Flue Gas Desulfurization System Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
The dry & semi-dry FGD segment was the largest segment of the flue gas desulfurization system market Based on type, the flue gas desulfurization system market has been segmented into the wet FGD system, and the dry & semi-dry FGD system. The wet FGD system was the largest segment of the market in 2015 whereas, the dry & semi-dry FGD system segment is estimated to project a higher growth rate from 2016 to 2021. Typically, in the same plant size, dry & semi-dry FGD systems are cheaper than wet FGD systems, but have less SO2 removal efficiency. Hence, low cost is the prime reason for the adoption of the dry & semi-dry FGD system. Request Sample @ www.marketsandmarkets.com/requestsample.asp?id=862
The Asia-Pacific region was the largest market for the flue gas desulfurization system in 2015, globally The Asia-Pacific region was the largest market for the flue gas desulfurization system in 2015, owing to the increase in demand for the flue gas desulfurization system in this region. The market growth in the Asia-Pacific region is driven due to the stringent air emission standards required to be followed by coal-based thermal power plants in China and India. This is expected to drive the demand for the FGD system at a higher CAGR as compared to other countries in the Asia-Pacific region. Visit Report @ http://www.marketsandmarkets.com/Market-Reports/flue-gas-desulfurization-systems-market-862.html
Scope of the report: • This research report categorizes the global flue gas desulfurization system market on the basis of type, end-user, and region, forecasting revenues as well as analyzing trends in each of the sub-markets. • On the basis of Type • On the basis of End User • On the basis of Region • Speak to analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=862
Key players Alstom SA (France), Babcock & Wilcox Enterprises, Inc. (U.S.), FLSmidth & Co. A/S (Denmark), Hamon Corporation (London), Siemens AG (Germany), and Clyde Bergemann Power Group (U.S.), Burns & Mcdonnell (U.S.), Marsulex Environmental Technologies (U.S.), Mitsubishi Electric Corporation, Ltd. (Japan), and Thermax Limited (India).