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The manufacturing industry comes with numerous by-products, some of which are discarded along with the wastewater, sludge, or waste gases. The waste gases are generally produced from the chemical industry, petroleum refinery or thermal power plants. These waste gases are also termed as flue gases which include gases such as nitrogen, sulfur dioxide, and carbon dioxide, among others typically.
The flue gases are generally not environment-friendly, and governments of various countries have put some norms related to the emissions of the flue gases. In order to reduce the impact of the flue gases on the environment, multiple systems such as scrubbers, flue gas desulphurization systems, and incinerators among others are used. Among these, the flue gas desulphurization system mainly focuses on reducing the sulfur dioxide levels in the flue gas.
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The flue gas desulphurization systems are generally of two types wet flue gas desulphurization system and dry flue gas desulphurization system. The wet and dry flue gas desulphurization systems are used in various applications depending on the contents of the input, which include limestone slurry, commercial sulphuric acid, and alkaline sorbent slurry among others.
The wet flue gas desulphurization systems are expected to hold the lion's share in the flue gas desulphurization market owing to their applications in more number of the end-use industries as compared to the dry flue gas desulphurization systems. By end-use, the flue gas desulphurization systems market is classified depending on the application of flue gas desulphurization systems in various industries such as power plant, chemical & petrochemical, cement, metal processing & mining and others.
Wet flue gas desulphurization systems have high sulfur dioxide removal efficiency which ranges up to 90% as compared to other flue gas desulphurization systems, which is expected to accelerate the growth of wet flue gas desulphurization systems in coming years. Growing demand from the power generation sectors such as thermal power plants is expected to boost the market growth of flue gas desulphurization systems. The hydrodesulfurization process is used as an alternative to the flue gas desulphurization process in the petroleum refineries, which is expected to limit the demand of the flue gas desulphurization system in the oil and natural gas industry.
Some of the major companies that are present in the global flue gas desulphurization system market are Siemens AG, Mitsubishi Hitachi Power Systems, Ltd., General Electric Company, Kawasaki Heavy Industries Limited, Transparent Technologies Pvt, Ltd., Ducon Infratechnologies Limited, Tsukishima Kikai Co., Ltd, Valmet Oyj, KSB SE & Co. KGaA, IDE Technologies, Suez SA, Teijin Engineering Limited, RPM Solutions, Inc., Whizz Engineering Services Pvt. Ltd and KEPCO Engineering and Construction Company. Inc.
· Wet Gas
· Dry Gas
· Power Plant
· Chemical & Petrochemical
· Metal Processing & Mining
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico, and Rest of Latin America)
· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
The global flue gas desulphurization system market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The flue gas desulphurization systems market is expected to grow at a high rate in the North America region. Stringent regulations regarding emissions and growing chemical industry are expected to drive the growth of the flue gas desulphurization systems market in the North America region. Europe region has witnessed steady growth in the chemical industry in recent past, and the oil and natural gas industry is also growing at a moderate growth rate owing to which the flue gas desulphurization systems market is expected to grow moderately in the region. Asia Pacific region is expected to provide excellent opportunities for the high growth of the flue gas desulphurization systems market owing to the rapidly growing chemical industry in the region. Stringent regulations by the local governments for SOx and NOx emissions are also expected to add to the growth of the flue gas desulphurization systems market in the Asia Pacific region. The oil and natural gas industry in the Middle East and Africa region is growing at a decent rate owing to the increasing demand for the fuel. The growth of the oil and natural gas industry in the region is expected to boost the flue gas desulphurization market in the near future. Flue gas desulphurization systems market in Latin America is expected to witness a steady growth owing to an approximately 9% year on the year growth rate of the chemical industry in the region.
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