South America Flue Desulfurization Market

Market Introduction

The South America flue gas desulfurization market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The continuous developments have had a positive impact on Brazil and Argentina's economy that has advanced to a large extent. The increase in population and continuous advancement in the end-use industries such as, power generation, chemical, cement manufacturing, and others have had a positive impact on the flue gas desulfurization market of Brazil and Argentina that has advanced to a large extent. One of the major end user industry that offers ample amount of opportunities for the flue gas desulphurization market is the cement manufacturing industry. The cement industry growth in South America varies across the region. The leading emerging markets such as Argentina and Brazil, account for the largest share in the regional cement production. Other key cement markets in the region include Bolivia, Colombia, Cuba, Peru, Venezuela and Uruguay. To increase the installed cement capacity in Bolivia, both the government and private companies have carried out a substantial series of investments for the modernization and expansion of their plants. Increasing domestic demand through the investment of social housing programs, public infrastructure works and from the private sector, along with the construction of buildings and urbanizations are stimulating the growth of cement manufacturing sector in the country, thereby offering market opportunities for the flue gas desulphurization systems.

Market Overview and Dynamics

The flue gas desulfurization market in South America is expected to grow from US$ 883.52 Mn in 2019 to US$ 1,216.82 Mn by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. Flue gas desulfurization gypsum is one of the synthetic by-products of coal-fired power production factories. It is produced by forced oxidation scrubbers in coal-fired power plants, eliminating sulfur dioxide emissions from the flue gas stream. It has numerous applications in the building industry and road construction in agricultural and horticultural practice as a soil amendment due to its particle size, abundance, chemical and physical similarities to mined gypsum, and the material's purity. Due to the high Ca2+ and SO42- content and the alkaline behavior of FGD gypsum, it can be utilized as a soil conditioner to enhance physical and chemical properties by promoting better aggregation, reclaiming sodic soils, rising water infiltration rate and movement through the profile, and decreasing soil and soluble phosphorus loss from rural fields. It is slightly soluble in soil and takes many years after applying amendment before measurable benefits are observed. Also, Flue Gas Desulfurization gypsum is being used in various applications in two distinct forms: encapsulated and non-encapsulated. The most general use of Flue Gas Desulfurization gypsum is in wallboard (consisting mainly of dihydrous calcium sulfate) production. It is used to produce asphalt, as an ingredient in cement, and as a set retarder in concrete and grout. Additionally, FGD by-products are also used in manufacturing cement and plaster of Paris. Flue Gas Desulfurization technology converts a waste product into a beneficial product that promotes crop production and enhances soil quality in an economically and environmentally sustainable manner. Therefore, huge market demand for FGD gypsum is anticipated to encourage companies to install FGD systems in their plants and bolster the market growth during the forecast period.

Key Market Segments

In terms of type, the wet FGD segment accounted for the largest share of the South America flue gas desulfurization market in 2019. In terms of application, the power generation segment held a larger market share of the South America flue gas desulfurization market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the South America flue gas desulfurization market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Chiyoda Corporation, Ducon, General Electric, S.A Hamon, Mitsubishi Heavy Industries, Ltd., Valmet, Babcock and Wilcox Enterprises, Inc. and Marsulex Environmental Technologies.

Reasons to buy report

• To understand the South America flue gas desulfurization market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for South America flue gas desulfurization market
• Efficiently plan M&A and partnership deals in South America flue gas desulfurization market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America flue gas desulfurization  market
• Obtain market revenue forecast for market by various segments from 2020-2027 in South America region.

SOUTH AMERICA FLUE GAS DESULFURIZATION MARKET SEGMENTATION

By Type

• Dry FGD
• Wet FGD

By Application

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

By Country

• Brazil
• Argentina
• Rest of South America

Company Profiles

• Chiyoda Corporation
• Ducon
• General Electric
• S.A Hamon
• Mitsubishi Heavy Industries, Ltd.
• Valmet
• Babcock and Wilcox Enterprises, Inc.
• Marsulex Environmental Technologies

South America Flue Desulfurization Market Strategic Insights

South America Flue Desulfurization Market Segmentation Analysis

South America Flue Desulfurization Market Report Highlights

South America Flue Desulfurization Report Scope

South America Flue Desulfurization Market Country and Regional Insights