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Based on technology, the wet flue gas desulfurization system market will exceed USD 4 billion by 2032. The increasing population and rapid industrialization in emerging economies coupled with the growing implementation of air pollution control measures across various industries have led to increased manufacturing activities. Furthermore, ongoing improvements in wet FGD technology are enhancing the efficiency and effectiveness of sulfur removal processes. Innovations in sorbent materials and system designs are reducing operational costs and improving reliability, making these systems more attractive to regional industries and supporting market growth.
Based on application, the power plant application will grow at a CAGR of over 4% through 2032. Stringent environmental regulations aimed at reducing sulfur dioxide (SO2) emissions coupled with increasing demand for cleaner energy solutions are driving growth in the flue gas desulfurization (FGD) industry. The growing energy needs in the region fueled by population growth and urbanization are accelerating the adoption of cleaner technologies. These systems are crucial in reducing SO2 emissions from coal-fired power plants, making them essential for meeting rising energy demands sustainably.
The U.S. flue gas desulfurization market is projected to exceed USD 3 billion by 2032, driven by stringent environmental regulations aimed at reducing sulfur emissions from industrial sectors. The increasing focus on curbing air pollution and achieving cleaner energy production is boosting the adoption of FGD systems in coal-fired power plants and other industries. Additionally, advancements in FGD technology including more efficient and cost-effective solutions are further supporting market growth. Government initiatives to transition to cleaner energy along with rising awareness of health risks associated with sulfur dioxide emissions, are also key factors contributing to the market’s expansion.