세계의 배연탈황석고(FGDG) 시장 예측 : 유형별, 용도별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Flue Gas Desulfurization (FGD) Gypsum is accounted for $852.9 million in 2023 and is expected to reach $1258.2 million by 2030 growing at a CAGR of 5.7% during the forecast period. Flue Gas Desulfurization (FGD) Gypsum is a byproduct of the process used to remove sulfur dioxide emissions from flue gas generated by industrial facilities, particularly power plants burning coal or oil. During this, sulfur dioxide is scrubbed from the flue gas using a chemical reaction, producing a slurry containing calcium sulfite and calcium sulfate. This slurry is then oxidized to form FGD Gypsum, a fine powder rich in calcium sulfate dihydrate.

According to the US Geological Survey, synthetic gypsum accounted for ~32% of the total supply of gypsum in the US during the fourth quarter of 2021. According to the global energy monitor, 74,412 MW of new coal plants were established in 2019, up 45.2% from 2018.

Market Dynamics:

Driver:

Increasing coal-fired power generation

With environmental regulations emphasizing emission control, these systems are increasingly adopted to reduce sulfur dioxide emissions. This surge in installations generates a significant supply of gypsum as a byproduct. The gypsum market benefits from this abundance, which finds applications in construction, agriculture, and manufacturing sectors. This trend underscores the interplay between energy production, environmental policies, and material markets. This is the factor propelling the growth of the market.

Restraint:

Availability of alternatives

Natural gypsum serves as a primary alternative to FGD gypsum in several applications. Depending on factors such as price and availability, industries may opt for natural gypsum over FGD gypsum, impacting market growth. While this is a widely used material for sulfur removal in power plants, alternative methods such as wet limestone scrubbing and seawater scrubbing offer competing sulfur removal options. These alternatives often pose lower costs or environmental benefits, limiting the expansion of the market.

Opportunity:

Increasing awareness of waste management

Increasing awareness of waste management in the Fmarket is paramount. FGD gypsum, a byproduct of coal power plants, requires sustainable disposal methods to mitigate environmental impacts. Promoting recycling and reusing strategies can reduce landfill burdens and promote circular economy principles. Moreover, educating stakeholders about the benefits of FGD gypsum reuse in various industries like construction can foster a more sustainable approach towards waste management and resource utilization.

Threat:

High installation and maintenance costs

The market faces significant challenges due to high installation and maintenance costs. These expenses are primarily attributed to the complex technology involved in systems, requiring substantial initial investment for installation and ongoing maintenance. Additionally, specialized equipment and skilled personnel are necessary for effective operation, further adding to the overall costs. These financial barriers often deter potential market entrants and pose challenges for existing players in the industry.

Covid-19 Impact:

The COVID-19 pandemic disrupted the Flue Gas Desulfurization (FGD) Gypsum market significantly. With industrial shutdowns and reduced manufacturing activities, demand for FGD gypsum, primarily used in construction and agriculture, experienced a downturn. Supply chain disruptions and logistical challenges further exacerbated the market's challenges. However, increased environmental regulations and the gradual recovery of industrial activities have started to revive the market, albeit at a slower pace, as companies adjust to the new normal of operation amidst ongoing pandemic concerns.

The water treatment segment is expected to be the largest during the forecast period

The water treatment segment is expected to be the largest during the forecast period. Water treatment in flue gas desulfurization (FGD) gypsum involves managing the byproduct's high levels of dissolved solids and heavy metals, which can be environmentally harmful if not properly handled. Various methods such as filtration, chemical precipitation, and ion exchange are utilized to remove impurities and ensure compliance with regulatory standards.

The agriculture segment is expected to have the highest CAGR during the forecast period

The agriculture segment is expected to have the highest CAGR during the forecast period due to its role as a soil amendment. It offers significant benefits such as improved soil structure, enhanced water retention, and increased crop yields. Its ability to reduce soil acidity and provide essential nutrients like calcium makes it a valuable resource for sustainable agriculture practices, driving its adoption among farmers worldwide.

Region with largest share:

North America is projected to hold the largest market share during the forecast period. The growth is driven by environmental regulations mandating emissions reduction from industrial processes. FGD gypsum is utilized in various industries such as construction, agriculture, and cement production due to its properties as a sulfur and calcium source. With increasing emphasis on sustainable practices, the demand for FGD gypsum as a substitute for mined gypsum is expected to rise steadily across the region.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period due to stringent environmental regulations driving the adoption of FGD systems in power plants. FGD gypsum finds extensive usage in construction materials, agriculture, and cement production. Growing construction activities, coupled with increasing awareness regarding sustainable practices, are further propelling market expansion across the region.

Key players in the market

Some of the key players in Flue Gas Desulfurization (FGD) Gypsum market include Saint Gobain, Etex Group, GE Power India Limited, American Gypsum, Duke Energy Corporation, Tata Projects, National Gypsum Company, Delta Gypsum, Gyptec Iberica, Knauf Gips, Weyerhaeuser, USG Corporation, Chiyoda Corporation, Innogyps Inc. and DUCON Infratechnologies Ltd.

Key Developments:

In January 2022, GE will reduce emissions at Anuppur Thermal Power Plant by 51000 tons of SO2. As part of our collaboration, Apollo International Limited will be providing power to MB Power (Madhya Pradesh) Ltd. General Electric (GE), the power producer, will design the entire Wet Flue Gas Desulfurization (WFGD) system for the 2X600 MW Anuppur Thermal Power Plant in Madhya Pradesh along with supplying key components.

In January 2022, Ducon Infratechnologies Limited, India's leading fossil fuel clean technology company, announced that it would provide its coal clean technology, FGD for a 2*600 MW FGD package for Singareni Thermal Power Plant, Stage-1, in the Telangana region, which was awarded to an EPC company with which Ducon is partnered.

Types Covered:

• Solid
• Powder
• Other Types

Applications Covered:

• Dental
• Drywall
• Cement
• Water Treatment
• Mining
• Soil Amendment
• Other Applications

End Users Covered:

• Construction
• Agriculture
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Flue Gas Desulfurization (FGD) Gypsum Market, By Type

• 5.1 Introduction
• 5.2 Solid
• 5.3 Powder
• 5.4 Other Types

6 Global Flue Gas Desulfurization (FGD) Gypsum Market, By Application

• 6.1 Introduction
• 6.2 Dental
• 6.3 Drywall
• 6.4 Cement
• 6.5 Water Treatment
• 6.6 Mining
• 6.7 Soil Amendment
• 6.8 Other Applications

7 Global Flue Gas Desulfurization (FGD) Gypsum Market, By End User

• 7.1 Introduction
• 7.2 Construction
• 7.3 Agriculture
• 7.4 Other End Users

8 Global Flue Gas Desulfurization (FGD) Gypsum Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Saint Gobain
• 10.2 Etex Group
• 10.3 GE Power India Limited
• 10.4 American Gypsum
• 10.5 Duke Energy Corporation
• 10.6 Tata Projects
• 10.7 National Gypsum Company
• 10.8 Delta Gypsum
• 10.9 Gyptec Iberica
• 10.10 Knauf Gips
• 10.11 Weyerhaeuser
• 10.12 USG Corporation
• 10.13 Chiyoda Corporation
• 10.14 Innogyps Inc.
• 10.15 DUCON Infratechnologies Ltd.