Market by Technology, Application, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report states that the North America flue gas desulfurization market is estimated to progress with a compound annual growth rate of 4.04% during the forecast years 2023-2030.
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The countries explored in the region are:
•
United States
•
Canada
In North America, sulfur dioxide (SO2)
emissions, largely emanating from industrial facilities and power plants, have
been strongly correlated with respiratory ailments, including asthma and
chronic bronchitis. The heightened awareness of these health risks has
underlined the imperative to address and alleviate air pollution. FGD systems,
proficient in capturing and eliminating sulfur compounds from flue gases,
present a pivotal solution for the effective mitigation of SO2 emissions. As
governments shift focus towards sustainable practices and a reduction in
ecological impact, there is a growing demand for FGD solutions.
The
United States leads the flue gas desulfurization market in the region. In addressing environmental and health
concerns, the demand for efficient pollution control technologies and solutions
in the US has increased. Flue gas desulfurization (FGD) systems play a crucial
role in alleviating sulfur dioxide emissions by capturing and eliminating a
substantial portion of sulfur compounds. With the imperative to comply with
rigorous environmental regulations and diminish air pollution becoming more
pronounced, the FGD market is expected to witness further growth.
Furthermore, in Canada, the oil and gas industry
holds a significant position. Sulfur dioxide, a major air pollutant linked to
fossil fuel combustion, is particularly prevalent in the sector. FGD systems
play a pivotal role in alleviating sulfur dioxide emissions through the capture
and elimination of sulfur mixes from flue gases. This contributes to the
expansion of the flue gas desulfurization market.
Flue gas desulfurization is pivotal in the iron
and steel industry, addressing the environmental repercussions of sulfur
dioxide emissions in the steelmaking process. Given that steel production
entails the combustion of fossil fuels and sulfur-containing raw materials,
substantial quantities of sulfur dioxide are discharged into the atmosphere. As
a result, FGD systems play a crucial role in the cement industry.
The
market is segmented into application and technology. Based on application, it is sectioned into
cement manufacturing, power generation, chemical, iron & steel, and other
applications.
The
leading companies noted in the market’s report include Ducon Technologies Inc,
Andritz AG, Doosan Lentjes GmbH, John Wood Group Plc, Chiyoda Corporation, and
Flsmidth AS.
Based in the United States, Ducon Technologies
stands as a frontrunner in furnishing cutting-edge, tailor-made equipment and
systems designed for environmental control, economizers, power boilers,
material handling, waste incineration, etc. The company caters to diverse
industries, including cement, pulp and paper, glass, chemicals, power, food,
steel, refineries, and mining.
Key
deliverables of the report:
●
Market CAGR during the forecasting years 2023-2030
●
Detailed data highlighting key insights, industry components, and
market strategies
●
Comprehensive information and estimation of the flue gas
desulfurization market revenue growth in North America and its influence on the
parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the NA flue
gas desulfurization market’s growth during the upcoming years
Want to get specific insights? Our team of analysts
can customize this report based on your preferences. Connect with us here.
1. NORTH
AMERICA FLUE GAS DESULFURIZATION MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE FLUE GAS DESULFURIZATION MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. REGULATORY
FRAMEWORK
2.4. KEY
MARKET STRATEGIES
2.4.1. COLLABORATIONS
2.4.2. PRODUCT
LAUNCHES
2.4.3. ACQUISITIONS
2.4.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.5. MARKET
DRIVERS
2.5.1. DETRIMENTAL
IMPACT OF SULFUR DIOXIDE EMISSIONS ON THE ENVIRONMENT AND HEALTH
2.5.2. STRICT
EMISSION NORMS CONFER A REGULATORY PUSH FOR THE WIDESPREAD ADOPTION OF FGD
SYSTEMS
2.5.3. AIRBORNE
DISEASES POSING A SERIOUS THREAT TO PUBLIC HEALTH
2.6. MARKET
CHALLENGES
2.6.1. INDUSTRIAL
SLOWDOWNS LEAD TO MARKET CONTRACTION
2.6.2. RISING
DEPENDENCE ON RENEWABLE ENERGY
2.6.3. HIGH
INITIAL CAPITAL INVESTMENT
2.7. MARKET
OPPORTUNITIES
2.7.1. ADVANCEMENTS
IN FGD TECHNOLOGIES
2.7.2. FGD
GYPSUM’S USE AS A SOIL CONDITIONER
2.7.3. UTILIZING
DATA-DRIVEN MODELS FOR REAL-TIME OPTIMIZATION OF FGD PROCESSES
2.7.4. TAILORED
FGD SOLUTIONS TARGETING SPECIFIC INDUSTRIES
2.8. ANALYST
PERSPECTIVE
3. NORTH
AMERICA FLUE GAS DESULFURIZATION MARKET – BY TECHNOLOGY
3.1. WET
FGD SYSTEMS
3.2. SPRAY
DRY FGD SYSTEMS
3.3. DRY
FGD SYSTEMS
4. NORTH
AMERICA FLUE GAS DESULFURIZATION MARKET – BY APPLICATION
4.1. POWER
GENERATION
4.2. CHEMICAL
4.3. IRON
& STEEL
4.4. CEMENT
MANUFACTURING
4.5. OTHER
APPLICATIONS
5. NORTH
AMERICA FLUE GAS DESULFURIZATION MARKET – BY COUNTRY OUTLOOK
5.1. UNITED
STATES
5.1.1. UNITED
STATES FLUE GAS DESULFURIZATION MARKET FORECAST & PROSPECTS
5.2. CANADA
5.2.1. CANADA
FLUE GAS DESULFURIZATION MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. BABCOCK
& WILCOX ENTERPRISES INC
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. GENERAL
ELECTRIC COMPANY
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. DUCON
TECHNOLOGIES INC
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. ANDRITZ
AG
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. CHIYODA
CORPORATION
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. DOOSAN
LENTJES GMBH
6.6.1. OVERVIEW
6.6.2. PRODUCT
PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. JOHN
WOOD GROUP PLC
6.7.1. OVERVIEW
6.7.2. PRODUCT
PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. FLSMIDTH
AS
6.8.1. OVERVIEW
6.8.2. PRODUCT
PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. THERMAX
LTD
6.9.1. COMPANY
OVERVIEW
6.9.2. PRODUCT
PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. FUJIAN
LONGKING CO LTD
6.10.1. OVERVIEW
6.10.2. PRODUCT
PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
6.11. KAWASAKI
HEAVY INDUSTRIES LTD
6.11.1. COMPANY
OVERVIEW
6.11.2. PRODUCT
PORTFOLIO
6.11.3. KEY
STRENGTHS
6.11.4. KEY
CHALLENGES
6.12. MARSULEX
ENVIRONMENTAL TECHNOLOGIES
6.12.1. COMPANY
OVERVIEW
6.12.2. PRODUCT
PORTFOLIO
6.12.3. KEY
STRENGTHS
6.12.4. KEY
CHALLENGES
6.13. MITSUBISHI
HITACHI POWER SYSTEMS LTD
6.13.1. COMPANY
OVERVIEW
6.13.2. PRODUCT
PORTFOLIO
6.13.3. KEY
STRENGTHS
6.13.4. KEY CHALLENGES
6.14. HAMON
GROUP
6.14.1. OVERVIEW
6.14.2. PRODUCT
PORTFOLIO
6.14.3. KEY
STRENGTHS
6.14.4. KEY
CHALLENGES
6.15. RAFAKO
SA
6.15.1. COMPANY
OVERVIEW
6.15.2. PRODUCT
PORTFOLIO
6.15.3. KEY
STRENGTHS
6.15.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF COLLABORATIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: LIST OF BUSINESS
DIVESTITURES & EXPANSIONS
TABLE 7: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY TECHNOLOGY, 2023-2030 (IN $ MILLION)
TABLE 8: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 9: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY TECHNOLOGY, 2022 & 2030 (IN %)
FIGURE 2: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY WET FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 3: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY SPRAY DRY FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 4: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY DRY FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 5: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 6: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY POWER GENERATION, 2023-2030 (IN $ MILLION)
FIGURE 7: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY CHEMICAL, 2023-2030 (IN $ MILLION)
FIGURE 8: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY IRON & STEEL, 2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY CEMENT MANUFACTURING, 2023-2030 (IN $ MILLION)
FIGURE 10: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 11: NORTH AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 12: UNITED STATES FLUE
GAS DESULFURIZATION MARKET 2023-2030 (IN $ MILLION)
FIGURE 13: CANADA FLUE GAS
DESULFURIZATION MARKET 2023-2030 (IN $ MILLION)