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Flue Gas Desulfurization System Market Share
The market is highly competitive driven by the increasing demand for emission control technologies to comply with stringent environmental regulations. Key players in this market are actively investing in innovation, expanding their geographic presence, and forming strategic partnerships to strengthen their market position.
Flue Gas Desulfurization System Market Companies
Major players operating in the flue gas desulfurization system industry are:
- Alstom
- Andritz
- Babcock & Wilcox
- Beijing SPC Environment Protection Tech
- Chiyoda
- Doosan Enerbility
- Ducon Infratechnologies
- FLSmidth
- General Electric
- Hamon
- Ljungstrom
- Longking Environmental Protection
- Marsulex Environmental Technologies
- Mitsubishi Heavy Industries
- Thermax
- Valmet
How big is the flue gas desulfurization system market?
The global flue gas desulfurization system industry was valued at USD 21.4 billion in 2024 and is estimated to grow at a 6.3% CAGR from 2025 to 2034, driven by the rising demand for energy and subsequent increase in pollutant emissions.
What is the size of the U.S. flue gas desulfurization system industry?
The U.S. flue gas desulfurization system market is set to reach over USD 3 billion by 2034, bolstered by government-funded projects and increasing investments in emission control and reduction initiatives.
Who are some of the prominent players in the flue gas desulfurization system industry?
Key players in the industry include Alstom, Andritz, Babcock & Wilcox, Beijing SPC Environment Protection Tech, Chiyoda, Doosan Enerbility, Ducon Infratechnologies, FLSmidth, General Electric, Hamon, Ljungstrom, Longking Environmental Protection, and Marsulex Environmental Technologies.
Why is the adoption of wet flue gas desulfurization systems increasing?
The wet segment is projected to exceed USD 35 billion by 2034 due to stringent regulations on particulate matter emissions and the need for effective management of wastewater and air pollutants in energy-intensive industries.