Flue gas treatment systems are a group of technologies used in eliminating hazardous gases that include sulphur dioxide (SO2) and nitrogen oxide (NOx), which release from factories and power plants. The flue gas from power plants, industrial facilities, and other sources can crucially impact the local and regional air quality if the emitted gases are left untreated. The Flue Gas Treatment Systems Market is anticipated to grow at the rate of 5.4% CAGR by 2026. Power plants and other facilities are needed to adopt flue gas treatments to mitigate the amount of emitted pollutants in compliance with the various national-level clean-air regulations. Therefore, the US has implemented the mercury & air toxic standards (MATS), supporting the growth of the flue gas treatment systems market and the increasing number of coal-fired plants. Apart from growth factors, the restraining factors of the market growth include the introduction of renewable and alternative sources of energy.
Flue Gas Treatment Systems Market on the basis of Business Type
• System
• Service
Flue Gas Treatment Systems Market on the basis of Pollutant Control System
• Flue Gas Desulfurization (FGD) Systems
• Denox Systems
• Particulate Control Systems
• Mercury Control Systems
• Other Pollutant Control Systems
Flue Gas Treatment Systems Market based on End-Use Industry
• Power
• Chemical & Petrochemical
• Iron & Steel
• Cement
• Others
Flue Gas Treatment Systems Market based on Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
In the market for business type, the market is bifurcated into system and service. The system segment is expected to hold the maximum share of the market. This maximum share is due to the growing installation of new flue gas treatment systems and updating the prevailing ones in many end-use industries to reduce the emission of hazardous gases from the industries.
Further, the market is bifurcated according to the pollutant control system. The particulate control segment is assumed to have the largest share of the flue gas treatment systems market. This segment of the market is projected to continue its large share over the forecast period as well. The largest share of the particulate control segment is due to the rising utilization of electrostatic precipitators and bag filters in several end-use industries, including iron & steel, cement, non-ferrous metal, power, and chemical & petrochemical, to reduce the particulate matter produced by them.
The end-users segment of the market includes power, chemical & petrochemical, iron & steel, cement, and others. The power end users are projected to acquire a significant share of the market due to the rising number of coal-based power plants in many countries such as India, China, Japan, and Poland and the rising adherence to environmental regulations by numerous industries.
The Asia Pacific region is having a significant role in the market. The factors such as expanding industrial base in the region and growth in the flue gas treatment systems demand from the cement and power industries of the region are majorly contributing to the market growth.
Few factors, including the increasingly stringent air pollution control regulations and the expanding cement industry, are resulting in the growth of the global flue gas treatment systems market. A rising number of infrastructure projects across the world, such as tunnels, flyovers, dams, bridges, and roads, among others, and construction activities in the commercial sector are propelling the demand for cement. The increasing demand for cement is also augmenting market growth.
This report provides the profiles of the major competitors of market-Fisia Babcock Environment Gmbh, Mitsubishi Hitachi Power Systems Ltd., Babcock & Wilcox Enterprises Inc., Clyde Bergemann Power Group, Marsulex Environmental Technologies, General Electric, Thermax Limited, Doosan Lentjes, Guodian Technology & Environment Group, and AMEC Foster Wheeler.
Henceforth, many emerging industries emit huge amounts of flue gas, which is a significant concern for environmental conservation, increasing the significance of flue gas treatment systems. Further, the flue gas treatment systems have a broad scope in the future due to several benefits associated with it.
• Market trends such as drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations are described in this report.
• Market share estimations for the geographical and regional-level segments and strategic guidance for the new entrants are depicted in this study.
• This research aids shareholders in identifying their competitors better and obtain more information to enhance their value in the business.
• Company profiling with complete details of strategies, financials, recent developments, and the latest technological advancements are depicted in this study.
Table of Contents
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Business Type: Market Size & Analysis
5.1. Overview
5.2. System
5.3. Service
6. Pollutant Control System: Market Size & Analysis
6.1. Overview
6.2. Flue Gas Desulfurization (FGD) Systems
6.3. Denox Systems
6.4. Particulate Control Systems
6.5. Mercury Control Systems
6.6. Other Pollutant Control Systems
7. End-Use Industry: Market Size & Analysis
7.1. Overview
7.2. Power
7.3. Chemical & Petrochemical
7.4. Iron & Steel
7.5. Cement
7.6. Others
8. Geography: Market Size & Analysis
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Rest of the World
9. Competitive Landscape
9.1. Competitor Comparison Analysis
9.2. Market Developments
9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
9.2.2. Product Launches and execution
10. Vendor Profiles
10.1. Fisia Babcock Environment Gmbh
10.1.1. Overview
10.1.2. Financial Overview
10.1.3. Product Offerings
10.1.4. Developments
10.1.5. Business Strategy
10.2. Mitsubishi Hitachi Power Systems Ltd.
10.2.1. Overview
10.2.2. Financial Overview
10.2.3. Product Offerings
10.2.4. Developments
10.2.5. Business Strategy
10.3. Babcock & Wilcox Enterprises Inc.
10.3.1. Overview
10.3.2. Financial Overview
10.3.3. Product Offerings
10.3.4. Developments
10.3.5. Business Strategy
10.4. Clyde Bergemann Power Group
10.4.1. Overview
10.4.2. Financial Overview
10.4.3. Product Offerings
10.4.4. Developments
10.4.5. Business Strategy
10.5. Marsulex Environmental Technologies
10.5.1. Overview
10.5.2. Financial Overview
10.5.3. Product Offerings
10.5.4. Developments
10.5.5. Business Strategy
10.6. General Electric
10.6.1. Overview
10.6.2. Financial Overview
10.6.3. Product Offerings
10.6.4. Developments
10.6.5. Business Strategy
10.7. Thermax Limited
10.7.1. Overview
10.7.2. Financial Overview
10.7.3. Product Offerings
10.7.4. Developments
10.7.5. Business Strategy
10.8. Doosan Lentjes
10.8.1. Overview
10.8.2. Financial Overview
10.8.3. Product Offerings
10.8.4. Developments
10.8.5. Business Strategy
10.9. Guodian Technology & Environment Group
10.9.1. Overview
10.9.2. Financial Overview
10.9.3. Product Offerings
10.9.4. Developments
10.9.5. Business Strategy
10.10. AMEC Foster Wheeler
10.10.1. Overview
10.10.2. Financial Overview
10.10.3. Product Offerings
10.10.4. Developments
10.10.5. Business Strategy
11. Analyst Opinion
12. Annexure
12.1. Report Scope
12.2. Market Definitions
12.3. Research Methodology
12.3.1. Data Collation and In-house Estimation
12.3.2. Market Triangulation
12.3.3. Forecasting
12.4. Report Assumptions
12.5. Declarations
12.6. Stakeholders
12.7. Abbreviations

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