According to a new market research study on “South America Flue Gas Desulfurization Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by type, application and country,” is expected to reach US$ 1,216.82 Mn by 2027 from US$ 883.52 Mn in 2019. The market is estimated to grow at a CAGR of 4.2% from 2020 to 2027. The report provides trends prevailing in the South America flue gas desulfurization market along with the drivers and restraints pertaining to the market growth. Increasing demand from power & energy sector and stringent rules and regulations by the government are the major factors driving the growth of the South America flue gas desulfurization market. However, high cost of reagents and safety concerns associated with fgd system may hinder the growth of South America flue gas desulfurization market.

The market for South America flue gas desulfurization is segmented into type, application, and country. Based on type, the market is segmented into dry FGD and wet FGD. In 2019, the wet FGD segment held the largest share in South America flue gas desulfurization market. Based on application the South America flue gas desulfurization is divided into power generation, chemical, iron and steel, cement manufacturing and others. Power generation is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the South America flue gas desulfurization market has been facing difficulties and several countries have suffered heavily. Brazil, Columbia, Argentina, Peru, Chile and Ecuador are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain.

Chiyoda Corporation, Ducon, General Electric, S.A Hamon, Mitsubishi Heavy Industries, Ltd., Valmet, Babcock and Wilcox Enterprises, Inc. and Marsulex Environmental Technologies are among the leading companies in the South America flue gas desulfurization market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in December 2016, MET and Sanders Lead Company Inc. has entered into a contract for the supply of MET’s proprietary ammonium sulfate flue gas desulfurization (AS-FGD) system at their Troy, Alabama lead smelter and battery reclamation facility.

The report segments the South America Flue Gas Desulfurization Market as follows:

• Dry FGD
• Wet FGD

• Power generation
• Chemical
• Iron and Steel
• Cement Manufacturing
• Others

• Brazil
• Argentina
• Rest of South America