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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast Market Size (2027): 26.1 Billion
The FGD market is being propelled ahead by rising environmental concerns and government measures to solve them. The Clean Air Act (CAA) and the Mercury and Air Toxics Standards, among other international and federal regulations, require power producers who utilise fossil fuels to install technology that monitors and reduces emissions to a safe level. Because of strong demand from building, industrial, and urban projects in the United States, the country’s growing power generation business is fuelling the utility sector, which is boosting the market expansion of FGD systems.
Industry Definition and Major Segments
Sulphur dioxide (SO2) is removed from flue gas emissions using flue gas desulphurisation equipment. The technique demands for the employment of alkaline materials, which aid in the removal of dangerous SO2 from gases before they are released into the atmosphere.
The types of processes in the United States flue gas desulphurisation systems market are wet, dry, and semi-dry procedures. The various installation types available are new systems, and components, repairs, and consumables. The end uses of flue gas desulphurization are power generation, chemical, iron and steel, and cement manufacturing among others.
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Flue gas desulphurization systems are incorporated in a wide range of industries across the United States, comprising stationary coal and oil-fired combustion units similar to utility and industrial boilers, as well as other industrial combustion units like municipal and medical waste incinerators and petroleum refineries. FGD systems are utilised to limit the spread of air pollution and airborne diseases caused by pollutants released by SO2 emissions from these enterprises. As a result of the region’s prospering economic conditions, industrial activity has grown which has resulted in increasing air pollution. Thereby companies are deploying FGD systems to curb emissions.
Key Market Players
The major players in the market are GE Steam Power, Saltworks Technologies Inc., Babcock & Wilcox Enterprises, Inc., Marsulex Environmental Technologies, and RAFAKO S.A., and AECOM, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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