Global Flue Gas Desulfurization (FGD) Market 2022-2028
The global flue gas desulfurization market market is projected to rise by USD 8 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 5.7 percent during the forecast period.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global flue gas desulfurization market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the flue gas desulfurization industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, deployment, end user, and region. The global market for flue gas desulfurization can be segmented by type: dry and semi-dry FGD, wet FGD. In 2021, the wet FGD segment made up the largest share of revenue generated by the flue gas desulfurization market. Flue gas desulfurization market is further segmented by deployment: brownfield, greenfield. Based on end user, the flue gas desulfurization market is segmented into: cement, chemicals, iron and steel, power generation, others. The power generation segment is estimated to account for the largest share of the global flue gas desulfurization market. On the basis of region, the flue gas desulfurization market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific held the largest share of the global flue gas desulfurization market in 2021 and is anticipated to hold its share during the forecast period.
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