건식 배연 탈황 시스템 시장, 기회, 성장 촉진요인, 산업 동향 분석과 예측(2024-2032년)

The Global Dry Flue Gas Desulfurization System Market was valued at USD 2.3 billion in 2023 and is projected to grow at a rate of 4.6% from 2024 to 2032. This growth is driven by stringent environmental regulations and technological advancements that enhance cost efficiency. Governments worldwide are enforcing strict limits on sulfur dioxide (SO2) emissions from industrial and power generation facilities to combat air pollution and its health effects. Regulatory bodies like the U.S. Environmental Protection Agency (EPA) and the European Union (EU) have set rigorous emission standards, compelling industries to adopt effective desulfurization technologies. This regulatory pressure ensures a consistent demand for dry FGD systems as companies strive to comply with legal requirements and avoid penalties.

The global increase in energy demand and rapid industrialization, particularly in emerging economies, is driving the expansion of the dry FGD system market. Countries are constructing new coal-fired power plants and industrial facilities to meet energy needs and support industrial growth. These facilities are major sources of sulfur dioxide emissions, necessitating the installation of FGD systems to mitigate environmental impact. Companies are adopting these systems to comply with regulations and demonstrate their commitment to corporate social responsibility and environmental stewardship.

The overall dry flue gas desulfurization system industry is classified based on the application and region.

Based on application, the market is segmented into power plants, cement, metal processing and mining, chemical and petrochemical, manufacturing, and others. The power plant sector is projected to grow at a rate of over 3.5% by 2032. Dry FGD systems have a smaller footprint and lower water consumption compared to wet FGD systems, making them suitable for facilities with space and water constraints. These technological improvements contribute to the growing adoption of dry FGD systems across various industries.

Asia Pacific dominates the market and is projected to grow over USD 2 billion by 2032. Significant development and investment in new thermal power plants, coupled with a positive outlook for energy-intensive industries in rapidly growing nations like India and China, are fueling regional market growth. For example, in August 2022, Shenhua Jiujiang Power Corporation invested over USD 1 billion in flue gas desulfurization (FGD) and denitrification equipment for its Jiangxi Development and Reform Commission Expansion project. Additionally, the industry's growth is being further fueled by the rising trend of upgrading and retrofitting power plants to enhance efficiency by removing SO2 from emissions before release into the atmosphere.

Table of Contents

Chapter 1 Methodology and Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data Collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculations
  • 1.2.2 Key trends for market estimation
• 1.3 Forecast model
• 1.4 Primary research and validation
  • 1.4.1 Primary sources
  • 1.4.2 Data mining sources
• 1.5 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls and challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Introduction
• 4.2 Strategic dashboard
• 4.3 Innovation and sustainability landscape

Chapter 5 Market Size and Forecast, By Application, 2021 - 2032 (USD Billion)

• 5.1 Key trends
• 5.2 Power plants
• 5.3 Chemical and petrochemical
• 5.4 Cement
• 5.5 Metal processing and mining
• 5.6 Manufacturing
• 5.7 Others

Chapter 6 Market Size and Forecast, By Region, 2021 - 2032 (USD Billion)

• 6.1 Key trends
• 6.2 North America
  • 6.2.1 U.S.
  • 6.2.2 Canada
  • 6.2.3 Mexico
• 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 UK
  • 6.3.3 France
  • 6.3.4 Spain
  • 6.3.5 Italy
  • 6.3.6 Netherlands
• 6.4 Asia Pacific
  • 6.4.1 China
  • 6.4.2 India
  • 6.4.3 Japan
  • 6.4.4 South Korea
  • 6.4.5 Indonesia
  • 6.4.6 Australia
  • 6.4.7 Vietnam
• 6.5 Middle East and Africa
  • 6.5.1 Saudi Arabia
  • 6.5.2 UAE
  • 6.5.3 South Africa
• 6.6 Latin America
  • 6.6.1 Brazil
  • 6.6.2 Chile
  • 6.6.3 Argentina

Chapter 7 Company Profiles

• 7.1 Babcock and Wilcox Enterprises, Inc.
• 7.2 CECO Environmental
• 7.3 Ducon Infratechnologies Ltd.
• 7.4 GEA Group Aktiengesellschaft
• 7.5 General Electric
• 7.6 Hitachi Zosen Inova AG
• 7.7 KC Cottrell India
• 7.8 KCH Services, Inc.
• 7.9 Marsulex Environmental Technologies
• 7.10 Mitsubishi Heavy Industries, Ltd.
• 7.11 Nederman Holding AB
• 7.12 S.A. HAMON
• 7.13 Thermax Limited.
• 7.14 Tri-Mer Corporation
• 7.15 Valmet
• 7.16 Verantis Environmental Solutions Group