Flue Gas Desulfurization (FGD) Market Size & Growth Prospects Till 2020 “Global Flue Gas Desulfurization Market is expected to reach USD 23.69 billion by 2020. Across the world, over 75% of electricity is being produced from thermal power plant, however coal contains Sulphur in the range of 0.3% to 1% that varies depending upon origin of location.� Global Flue Gas Desulfurization Market is expected to reach USD 23.69 billion by 2020. Across the world, over 75% of electricity is being produced from thermal power plant, however coal contains Sulphur in the range of 0.3% to 1% that varies depending upon origin of location. Sulphur present in the coal after reaction forms Sulphur dioxide (SO2) that is toxic to the atmosphere. To save environment form such toxins, various countries like European and the U.S. countries have strict policy regarding the discharge of Sulphur dioxide that should be less than 0.05%. Therefore, power plants are installing Flue Gas Desulfurization (FGD) plant or unit mainly to lower the Sulphur dioxide in environment. The Market is estimated to grow at a significant CAGR of 6.0% over the future period as the scope and its applications are rising enormously across the globe. Rising use of coal for electricity generation all over the world, presence of several air pollution control rules, and growing awareness regarding environment safety are documented as major factors of Flue Gas Desulfurization Market that are estimated to enhance the growth in the years to come. However, high cost for the installation of Flue Gas Desulfurization systems and high active waste and energy disposing requirements are the factors that may restrain overall market growth in the coming years. The Market is segmented based on type, technology, end users, and region. Dry/ Semi-Dry Flue Gas Desulfurization (FGD) System and Wet Flue Gas Desulfurization (FGD) System are the two main types that could be explored in Flue Gas Desulfurization in the forecast period. Wet Flue Gas Desulfurization System sector comprise of seawater, limestone, and others. The Wet Flue Gas Desulfurization System is estimated to remain dominant in the coming years. This may be because of high demand in several industries as they are high efficient to remove sulfur dioxide (SO2) from the flue gas. Also, rules and regulations set by various federal governments, high demand for electricity, and growing number of coal-fired power plants in developing countries are boosting the sector growth.
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