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Wet Flue Gas Desulfurization System Market Trends

Report ID: GMI10156
Published Date: Jul 2024
Report Format: PDF

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Wet Flue Gas Desulfurization System Market Trends

The continuous and exponential increase in harmful gas emissions is causing serious health issues, including respiratory system inflammation, breathing problems, and skin irritation, which is driving the growth of flue gas desulfurization (FGD) systems. Various industries and government bodies are strictly adhering to regulations aimed at addressing health issues caused by SO? emissions.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of wet flue gas desulfurization system was reached USD 18.4 billion in 2023 and is anticipated to register 6.8% CAGR between 2024 and 2032, due to the rising activities toward retrofitting of existing power plants and increasing awareness of environmental impacts.

The power plant segment in the wet flue gas desulfurization system market will witness 5.5% CAGR through 2032, owing to the stringent environmental regulations and the rising demand for cleaner energy solutions.

Asia Pacific wet flue gas desulfurization system market is projected to record USD 22 billion by 2032, due to new thermal power plant investments and growth in energy-intensive industries in nations like India and China.

Babcock & Wilcox Enterprises, Inc., CECO Environmental, Ducon Infratechnologies Ltd., GEA Group Aktiengesellschaft, General Electric, Hitachi Zosen Inova AG, KC Cottrell India, KCH Services, Inc., and Marsulex Environmental Technologies, among others.