United States Limestone in Flue Gas Desulphurisation Market Report and Forecast 2023-2028
According to the report by Expert Market Research (EMR), the United States limestone in flue gas desulphurisation market reached a volume of about 450 KMT in 2022. Aided by the stringent environmental regulations and the heightened focus on sustainable energy production, the market is expected to grow significantly by 2028.
Limestone, a naturally occurring sedimentary rock, is predominantly composed of calcium carbonate (CaCO3) in mineral calcite form. In the realm of environmental protection, it is a cornerstone for the flue gas desulphurisation process. Flue Gas Desulphurisation is a procedure employed to eliminate or reduce sulphur dioxide (SO2) emissions from combustion gases produced by power plants, and limestone plays an integral role in this method.
The urgency to curtail the environmental repercussions of industrial emissions has been the primary driver for the United States limestone in flue gas desulphurisation market growth, with limestone being the preferred absorbent material. When limestone is introduced to flue gas, it reacts with the sulphur dioxide present, forming harmless gypsum as a byproduct. This not only helps in adhering to the environmental norms but also paves the way for potential gypsum-related industries, making the process both eco-friendly and economically viable.
The United States, given its extensive power production infrastructure, has witnessed a prominent shift towards cleaner methodologies. This transition is primarily influenced by the escalating concerns over environmental degradation, air quality, and climate change. The introduction of stricter norms by environmental agencies mandates power plants and industries to deploy efficient FGD systems which further boosts the United States limestone in flue gas desulphurisation market demand. Limestone, being widely available and cost-effective, has naturally become the choice of material for many of these desulphurisation installations.
Furthermore, the growing cognisance among industry stakeholders about the collateral benefits of FGD, such as the production of synthetic gypsum for use in wallboard manufacturing, cement production, and agriculture, has impacted the United States limestone in flue gas desulphurisation market outlook. These secondary industries provide additional economic incentives for power plants to continue employing limestone-based FGD systems.
The market can be divided based on lime type, process type, and end use.
Market Breakup by Lime Type
- Quick Lime
- Hydrated Lime
Market Breakup by Process Type
Market Breakup by End Use
- Power Generation
- Iron and Steel
- Cement Manufacturing
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States limestone in flue gas desulphurisation market. Some of the major players explored in the report by Expert Market Research are as follows:
- Imerys SA
- Minerals Technologies Inc.
- Graymont Limited
- United States Lime and Minerals, Inc.
- Linwood Mining & Minerals Corporation
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.