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North America Flue Gas Desulfurization System Market Share

Report ID: GMI11773
Published Date: Oct 2024
Report Format: PDF

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North America Flue Gas Desulfurization System Market Share

North America Flue Gas Desulfurization System Company Market Share Analysis, 2023

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General Electric, GEA Group, Mitsubishi Heavy Industries, Ltd., Thermax, and Hitachi Zosen are prominent players in the North America flue gas desulfurization system industry. These companies focus on organic growth strategies and seek partnerships and collaborations with public energy firms to strengthen their market position.

North America Flue Gas Desulfurization System Market Companies

Some of the key market players operating across the industry are:

Andritz
Babcock & Wilcox
CECO Environmental
Ducon Infratechnologies
FLSmidth
GEA Group
General Electric
Hitachi Zosen Inova
KC Cottrell
Mitsubishi Heavy Industries
Thermax
Valmet

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The North America market for flue gas desulfurization system was reached USD 3 billion in 2023 and is projected to grow at a CAGR of 5.6% from 2024 to 2032, driven by stringent environmental regulations and a shift towards cleaner energy sources.

The wet flue gas desulfurization system market is projected to surpass USD 4 billion by 2032, propelled by population growth, rapid industrialization in emerging economies, and the rising adoption of air pollution control measures across industries.

The power plant application segment is anticipated to grow at a CAGR of over 4% through 2032, led by stringent regulations aimed at reducing sulfur dioxide (SO?) emissions and a rising demand for cleaner energy solutions.

The U.S. flue gas desulfurization market is projected to exceed USD 3 billion by 2032, attributed to stringent environmental regulations targeting sulfur emissions from industrial sectors.

Major key players in the industry include Andritz, Babcock & Wilcox, CECO Environmental, Ducon Infratechnologies, FLSmidth, GEA Group, General Electric, Hitachi Zosen Inova, KC Cottrell, Mitsubishi Heavy Industries, Thermax, and Valmet.