The Flue Gas Treatment Systems Market is expected to reach a value of USD 95.41 Billion by 2028, and register a CAGR of 4.90%, according to a new report by Reports and Data. The demand for flue gas treatment systems is growing in power plants, chemical manufacturing units, iron steel, and cement manufacturing industries due to the stringent government policies concerning the environmental hazards. Rapid industrialization and growth of infrastructure are going to push the market. Increase in demand for power assisted with dependence for coal will encourage the market in the coming years. Technological advancements in high performing equipment and decreasing the cost of it is going to provide new players with opportunities to explore.
APAC is anticipated to witness the highest CAGR of 5.4% during the forecast period. APAC is forecasted to be the highest growing region owing to the rising population levels in China and India. Government policies will boost the market. The demand for power generation in this region due to the growing infrastructure and industrialization is set to fuel the growth of the market in this region.
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Market analysts at Reports and Data estimate that the global power energy market will reach a huge market size of USD XX billion by 2028, with a CAGR of XX% throughout the forecast period. As the global population grows, urbanization is speeding up, industrial operations are on the rise, electricity power demand is increasing substantially, and energy resources are being used more widely for residential, industrial and commercial purposes. These factors all contribute to the global market revenue growth. A growing number of government investments in the energy and power industry, the increase in power energy generation activities, the rise in oil gas production and exploration, the rapid adoption of renewable and sustainable energy resources, and their increasing use in manufacturing, transportation logistics, healthcare, information technology, and agriculture contribute to revenue growth for this industry.
Some of the Leading Market Players Are Listed Below:
- General Electric,
- Mitsubishi Hitachi Power Systems Ltd.,
- Babcock Wilcox Enterprises Inc.,
- Thermax Limited,
- Doosan Lentjes,
- FLSmidth,
- Siemens,
- Clyde Bergemann Power Group,
- Marsulex Environmental Technologies,
- AMEC Foster Wheeler
The Global Flue Gas Treatment Systems Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmentation:
By Control Type Outlook
- Particulate Control
- Flue Gas Desulfurization
- DeNOx
- Mercury Control
- Others
By Marketing Mode Outlook
- Systems Customers
- Direct Marketing
- Indirect Marketing
By End-Use Outlook
- Power
- Cement
- Iron Steel
- Chemical Petrochemical
- Others
Key Points Explained in the Regional Outlook Section:
- Regional market revenue share over the forecast period
- Key factors contributing to the regional market growth over the forecast period
- Vital information related to each regional market
- Leading companies in each regional market, as well as the leading products of these companies
- Detailed study of the supply demand ratios and production consumption patterns in each regional market
Global Flue Gas Treatment Systems Market Report – Table of Contents:
Report Overview:
- Research Scope
- Key market segments
- Leading market players
- Market segmentation by type
- Market segmentation by application
- Market segmentation by geography
- Key learning objectives
- Report timeline
Market Segmentation:
- 1 Global Flue Gas Treatment Systems market sales by product type
- 2 Global Flue Gas Treatment Systems market revenue by application type
Competitive Overview:
- Global Flue Gas Treatment Systems market size by manufacturer
- Global Flue Gas Treatment Systems market key players
- Products/solutions/services by the major players
- New market entrants
- Mergers, acquisitions, joint ventures, and expansion strategies
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