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Flue Gas Desulfurization System Market Size
The global flue gas desulfurization system market was valued at USD 21.4 billion in 2024 and is estimated to grow at a CAGR of 6.3% from 2025 to 2034. The rapidly rising demand for energy has led to higher emissions of pollutants, significantly impacting global climatic conditions. The increasing pollution levels from power plants and industries have become a major concern for policymakers worldwide.
The expansion of existing manufacturing facilities coupled with rising investments in the establishment of new industrial hubs has intensified the need for stringent emission regulations. This growth in industrial activity has heightened concerns over air quality particularly with increased emissions of sulfur dioxide (SO?) and other harmful pollutants. Consequently, there has been a growing demand for advanced Flue Gas Desulfurization (FGD) systems.
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.