Global Flue Gas Desulfurization (FGD) System market cagr 7.9%

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Flue Gas Desulfurization (FGD) System

Market

Flue Gas Desulfurization (FGD) System Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Flue Gas Desulfurization (FGD) System Market Size and Growth

The Flue Gas Desulfurization (FGD) System market research reports show a growing demand due to stringent environmental regulations. The market size is estimated to reach $21.49 billion by 2025, driven by the need for reducing emissions from coal-fired power plants. Key players include GE Power, Babcock & Wilcox Enterprises, Mitsubishi Hitachi Power Systems, and more.

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Companies Covered

(Covid 19 Impact Covered)

◍ Mitsubishi

◍ GE

◍ Doosan Lentjes

◍ Babcock & Wilcox

◍ RAFAKO

◍ Siemens

◍ FLSmidth

◍ Hamon

◍ Clyde Bergemann Power

The Flue Gas Desulfurization (FGD) System Market is highly competitive with key players such as Mitsubishi, GE, Doosan Lentjes, Babcock & Wilcox, RAFAKO, Siemens, FLSmidth, Hamon, and Clyde Bergemann Power. These companies offer FGD systems to reduce emissions and comply with environmental regulations, thus driving market growth.

- Mitsubishi: $3.8 billion in sales revenue

- GE: $4.2 billion in sales revenue

- Doosan Lentjes: $1.6 billion in sales revenue

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Market Segmentation

By Application

Power Generation

Chemical

Iron & Steel

Cement Manufacturing

Others

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By Product

Wet FGD System

Dry & Semi-dry FGD System

Market Growth

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$ X Billion USD

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