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Flue Gas Desulphurization System Market 2019 Global Market Growth, Size, Share, Demand, Trends and Forecasts to 2026

Growing need to reduce environmental pollution caused by thermal power plants will be the key factor driving the global flue gas desulphurization market during the forecast period. Flue gas or exhaust gas refers to a gas that is emitted from combustion facilities and contains residual substances such as Sulphur and nitrogen oxides and particulate matter which react with air and form harmful compounds. For example, flue gas released from the burning of coal may contain hydrogen fluoride and hydrogen chloride along with other heavy metal derivatives which can react with air and turn carcinogenic. Thus, this not only harms the environment but is also detrimental to human health. As a result, governments in many countries have put in place strict regulations regarding gas emissions from factories and other industrial plants. Flue gas desulphurization process is an important factor contributing to the lowering of carbon emissions and promoting sustainable development measures.

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Fortune Business Insights covers some of the key players in the flue gas desulphurization market:

  • Kawasaki Heavy Industries Limited
  • Siemens AG
  • KEPCO Engineering and Construction Company
  • Suez SA
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Tsukishima Kikai Co., Ltd
  • Transparent Technologies Pvt, Ltd.
  • RPM Solutions, Inc.
  • General Electric Company
  • IDE Technologies

Key Market Driver – High efficiency of wet flue gas desulphurization system ranging up to 90%

Key Market Restraint – Availability of alternative technology

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Fortune Business Insights, through its report, titled “Flue Gas Desulphurization System Market Size, Share and Global Trend By Type (Wet Gas, Dry Gas), By End Use (Power Plant, Chemical & Petrochemical, Cement, Metal Processing & Mining, Others) and Geography Forecast till 2026”, shares a comprehensive analysis of the factors and dynamics that will determine the future of the market. Additionally, the report also provides a detailed assessment of the regional and competitive trends that will influence the market during the forecast period.

Rising Awareness of the Dangers Posed by Sulphur Dioxide to Spur Action

According to the US Environment Protection Agency (EPA), coal burning in power plants and emissions from other industrial establishments are the largest sources of Sulphur Dioxide (SO2) in the atmosphere. This gas is known to mix with air molecules and cause acid rain. With coal power generation dominating the world scene, emission of this gas is bound to grow steadily. Awareness regarding long-term health effects of the gas, particularly respiratory disorders, in children is rising. As a result, demand for wet flue gas desulphurization systems is rising and they are being increasingly implemented in thermal power plants. This is mainly on account of the higher efficiency in removing SO2 at 90% as compared to other systems. Lastly, these systems are expected to positively impact the flue gas desulphurization market trends during the forecast period.

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Major Table of Content For Flue Gas Desulphurization System Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  6. North America Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  7. Europe Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  10. Latin America Flue Gas Desulphurization System Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

 

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