North America Flue Gas Desulfurization Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Dry FGD and Wet FGD); Application (Power Generation, Chemical, Iron and Steel, Cement Manufacturing and Others)
Market Introduction
Flue gas desulfurization refers to technologies that is employed for the removal of sulfur dioxide from the flue gases of the fossil fuel power plants. It is also used to remove sulfur dioxide from the emissions from other sulfur dioxide emitting processes. The flue gas desulfurization materials are available in the solid form and are removed before releasing the gases into the atmosphere. There is a huge demand for flue gas desulfurization from various end use industries.
Market Overview and Dynamics
The North America flue gas desulfurization market is expected to reach US$ 6,250.04 Million in 2027 from US$ 3,982.75 Million in 2019. The market is anticipated to grow at a CAGR of 6.0 % from 2020 to 2027. Factors driving the market growth include up increasing demand from power & energy sector and stringent rules and regulations by the government. However, high cost of reagents and safety concerns associated with FGD System is likely to have a negative impact on the market growth.
Effect of covid-19 on North America flue gas desulfurization market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the chemicals and materials industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. US has the highest number of confirmed cases of the COVID-19 morbidity among all North America countries. This is likely to impact the chemicals and materials industry in the region due to the disruption of supply and distribution chain in North America. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
Key Market Segments
The wet FGD segment accounted for a larger share of the North America flue gas desulfurization market, by type, in 2019. The power generation segment accounted for a larger share of the North America flue gas desulfurization market, by application, in 2019.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing this report on the North America flue gas desulfurization market include Ducon, General Electric, S.A Hamon, Mitsubishi Heavy Industries, Ltd., Valmet, Doosan Lentjes, Babcock & Wilcox Enterprises, Inc. and Marsulex Environmental Technologies.
Reasons to buy the report
- To understand the North America flue gas desulfurization market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the flue gas desulfurization market
- To efficiently plan M&A and partnership deals in the flue gas desulfurization market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the flue gas desulfurization market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
North America Flue gas desulfurization Market Segmentation
By Type
- Dry FGD
- Wet FGD
By Application
- Power Generation
- Chemical
- Iron and Steel
- Cement Manufacturing
- Others
Company Profiles
- Chiyoda Corporation
- Ducon
- General Electric
- S.A Hamon
- Mitsubishi Heavy Industries, Ltd.
- Valmet
- Doosan Lentjes
- Babcock & Wilcox Enterprises, Inc.
- Marsulex Environmental Technologies
By Country
- US
- Canada
- Mexico
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Flue Gas Desulfurization Market, by Type
1.3.2 North America Flue Gas Desulfurization Market, by Application
1.3.3 North America Flue Gas Desulfurization Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Flue Gas Desulfurization Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
5. Flue Gas Desulfurization Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Power & Energy Sector
5.1.2 Stringent Rules and Regulations By The Government
5.2 Market Restraints
5.2.1 High Cost of Reagents and Safety Concerns Associated with FGD System
5.3 Market Opportunities
5.3.1 Rising Demand for Flue Gas Desulfurization Gypsum For Soil Amendment Applications
5.4 Future Trend
5.4.1 Technological Advancements regarding Flue Gas Desulfurization
5.5 Impact Analysis Of Drivers And Restraints
6. Flue Gas Desulfurization – North America Market Analysis
6.1 Flue Gas Desulfurization Market Overview
6.2 North America Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – North America Market Players
7. North America Flue Gas Desulfurization Market Analysis – By Type
7.1 Overview
7.2 Flue Gas Desulfurization Market Breakdown, By Type, 2019 and 2027
7.3 Dry FGD
7.3.1 Overview
7.3.2 Dry FGD: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
7.3.3 Dry FGD: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
7.4 Wet FGD
7.4.1 Overview
7.4.2 Wet FGD: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
7.4.3 Wet FGD: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8. North America Flue Gas Desulfurization Market Analysis – By Application
8.1 Overview
8.2 Flue Gas Desulfurization Market Breakdown, By Application, 2019 and 2027
8.3 Power Generation
8.3.1 Overview
8.3.2 Power Generation: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.3.3 Power Generation: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.4 Chemical
8.4.1 Overview
8.4.2 Chemical: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.4.3 Chemical: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.5 Iron and Steel
8.5.1 Overview
8.5.2 Iron And Steel: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.5.3 Iron And Steel: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.6 Cement Manufacturing
8.6.1 Overview
8.6.2 Cement Manufacturing: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.6.3 Cement Manufacturing: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
8.7.3 Others: Flue Gas Desulfurization Market, Revenue And Forecast To 2027 (US$ Mn)
9. North America Flue Gas Desulfurization Market – Geographic Analysis
9.1 Overview
9.1.1 North America: Flue Gas Desulfurization Market –Revenue and Forecast to 2027(US$ Million)
9.1.2 North America: Flue Gas Desulfurization Market, by Type
9.1.3 North America: Flue Gas Desulfurization Market, by Application
9.1.4 North America: Flue Gas Desulfurization Market, by Key Country
9.1.4.1 US: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 US: Flue Gas Desulfurization Market, by Type
9.1.4.1.2 US: Flue Gas Desulfurization Market, by Application
9.1.4.2 Canada: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 Canada: Flue Gas Desulfurization Market, by Type
9.1.4.2.2 Canada: Flue Gas Desulfurization Market, by Application
9.1.4.3 Mexico: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 Mexico: Flue Gas Desulfurization Market, by Type
9.1.4.3.2 Mexico: Flue Gas Desulfurization Market, by Application
10. Overview- Impact of COVID-19 on North America Flue Gas Desulfurization Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Strategy & Business Planning
11.3 Merger and Acquisition
12. Key Company Profiles
12.1 Chiyoda Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Service
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Ducon
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 General Electric
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 S.A.Hamon
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Mitsubishi Heavy Industries, Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Valmet
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Doosan Lentjes
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Babcock and Wilcox Enterprises, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Marsulex Environmental Technologies
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Flue Gas Desulfurization Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 3. North America Flue Gas Desulfurization Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 4. US Flue Gas Desulfurization Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 5. US Flue Gas Desulfurization Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 6. Canada Flue Gas Desulfurization Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 7. Canada Flue Gas Desulfurization Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 8. Mexico Flue Gas Desulfurization Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 9. Mexico Flue Gas Desulfurization Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 10. Glossary of Terms, North America Flue Gas Desulfurization Market
LIST OF FIGURES
Figure 1. North America Flue Gas Desulfurization Market Segmentation
Figure 2. North America Flue Gas Desulfurization Market Segmentation – By Country
Figure 3. North America Flue Gas Desulfurization Market Overview
Figure 4. Wet FGD Segment Held Largest Share of North America Flue Gas Desulfurization Market
Figure 5. US Held Largest Share of North America Flue Gas Desulfurization Market
Figure 6. North America Flue Gas Desulfurization Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Flue Gas Desulfurization Market Impact Analysis Of Driver And Restraints
Figure 10. North America Flue Gas Desulfurization Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Flue Gas Desulfurization Market Breakdown, By Type, 2019 and 2027 (%)
Figure 12. Flue Gas Desulfurization Market Breakdown, By Application, 2019 and 2027 (%)
Figure 13. North America: Flue Gas Desulfurization Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. North America: Flue Gas Desulfurization Market Revenue Share, by Type (2019 and 2027)
Figure 15. North America: Flue Gas Desulfurization Market Revenue Share, by Application (2019 and 2027)
Figure 16. North America: Flue Gas Desulfurization Market Revenue Share, by Key Country (2019 and 2027)
Figure 17. US: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
Figure 18. Canada: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
Figure 19. Mexico: Flue Gas Desulfurization Market –Revenue and Forecast to 2027 (US$ Million)
Figure 20. Impact of COVID-19 Pandemic in North American Country Markets
- Chiyoda Corporation
- Ducon
- General Electric
- S.A Hamon
- Mitsubishi Heavy Industries, Ltd.
- Valmet
- Doosan Lentjes
- Babcock & Wilcox Enterprises, Inc.
- Marsulex Environmental Technologies
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America flue gas desulfurization market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.