世界各国のリアルタイムなデータ・インテリジェンスで皆様をお手伝い



排煙脱硫システム市場:タイプ別(湿式、乾式、半乾式)、エンドユース産業別(発電、化学、鉄鋼、セメント製造)、設置別(グリーンフィールド、ブラウンフィールド)、地域別 - 2025年までの世界予測

Flue Gas Desulfurization Systems Market by Type (Wet, Dry & Semi-Dry), End-Use Industry (Power Generation, Chemical, Iron & Steel, Cement Manufacturing), Installation (Greenfield and Brownfield), and Region - Global Forecast to 2025

 

出版社 出版日電子媒体価格ページ数図表数
MarketsandMarkets
マーケッツアンドマーケッツ
2020年6月 US$ 4,950
シングルユーザライセンス
207p150点

サマリー

この調査レポートは排煙脱硫システム市場を分析・予測したMarketsandMarketsの市場調査報告書です。

Overview

“The FGD systems market is projected to grow at a CAGR of 5.5% from 2020 to 2025, in terms of value.”

The FGD systems market is projected to grow from USD 17.7 billion in 2020 to USD 23.1 billion by 2025, at a CAGR of 5.5% from 2020 to 2025. The FGD systems market has shown a positive growth trend over the last few years and is primarily driven by various factors such as stringent air pollution control regulations, rising environmental awareness, and consideration of coal as the most reliable source of energy. However, high initial installation costs, high operational energy requirements, and waste disposing requirements and associated costs are some of the factors that are restraining the growth of this market.

“The dry & semi-dry FGD system segment is projected to grow at the highest CAGR during the forecast period.”
Based on type, the FGD systems market has been classified into wet and dry & semi-dry. The dry & semi-dry FGD systems segment is projected to grow at a higher CAGR during the forecast period as these are available at cheaper rates as compared to wet FGDs.
“The power generation end-use industry segment is projected to grow at the highest CAGR during the forecast period.”
Based on end-use industry, the power generation segment is projected to grow at the highest CAGR during the forecast period, as most emerging and developed countries are still dependent on coal for electricity generation. According to the International Energy Agency, roughly 40% of the world’s electricity generation and 30% of the global energy supply in 2018 was dependent on coal. The FGD systems market will witness an increase in demand from the power generation industry due to stringent regulations to control sulfur emissions from plants that use coal for power generation. Organizations such as the US Environmental Protection Agency and the European Committee for Standardization have defined stringent regulations pertaining to emissions from coal-based power plants.
“Asia Pacific is projected to grow at the highest CAGR in the FGD systems market during the forecast period.”
The FGD systems market in Asia Pacific is projected to grow at the highest CAGR from 2020 to 2025. Key factors responsible for the adoption of wet FGD technology in the Asia Pacific region are government regulations for emission control, an increase in electricity demand, growth in reagent and equipment replacement market, and an increase in the number of coal-fired power plants.

Profile break-up of primary participants for the report:
- By Company Type: Tier 1 - 45%, Tier 2 - 22%, and Tier 3 - 33%
- By Designation: C-level Executives - 50%, Directors - 10%, and Others - 40%
- By Region: North America - 33%, Europe - 25%, Asia Pacific - 17%, South America - 17%, Middle East & Africa - 8%

As a part of the qualitative analysis of the FGD systems market, the research study provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe. It also discusses competitive strategies adopted by leading market players such as Mitsubishi Heavy Industries Ltd. (Japan), General Electric Company (US), Doosan Lentjes GmbH (Germany), Babcock & Wilcox Enterprises Inc. (US), Rafako S.A. (Poland), FLSmidth & Co. (Denmark), Hamon Group (Belgium), Marsulex Environmental Technologies (US), Thermax Ltd.(India), and Andritz AG (Austria), Ducon Technologies Inc. (US), Chiyoda Corporation (Japan), China Boqi Environmental (Holding) Co. Ltd. (China), LAB S.A. (France), Valmet Corporation (Finland), Kawasaki Heavy Industries Ltd.(Japan), Macrotek Inc. (Canada), China Everbright International Ltd. (China), AECOM (US), and Burns & McDonnell (US), among others.
Research Coverage:

The report defines, segments, and projects the size of the FGD systems market based on type, end-use industry, installation, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also analyzes competitive developments such as agreements, expansions, and new product developments undertaken by them in the market.
Reasons to Buy the Report:
This report is expected to help market leaders/new entrants by providing them the closest approximations of revenue numbers of the FGD systems market and its segments. The report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and devise suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.



目次

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.3 SCOPE OF THE MARKET 20
1.3.1 MARKETS COVERED 20
1.3.2 YEARS CONSIDERED IN THE REPORT 21
1.4 CURRENCY 21
1.5 VOLUME 21
1.6 LIMITATIONS 21
1.7 STAKEHOLDERS 21
1.8 SUMMARY OF CHANGES 22
2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
2.1.1 SECONDARY DATA 25
2.1.1.1 Key data from secondary sources 25
2.1.2 PRIMARY DATA 26
2.1.2.1 Key data from primary sources 26
2.1.2.2 Key industry insights 26
2.1.2.3 Breakdown of primary interviews 27
2.2 MARKET SIZE ESTIMATION 27
2.2.1 BOTTOM-UP APPROACH 27
2.2.2 TOP-DOWN APPROACH 28
2.3 BASE NUMBER CALCULATION 28
2.3.1 SUPPLY-SIDE APPROACH 29
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 30
2.5 RESEARCH ASSUMPTIONS 31
3 EXECUTIVE SUMMARY 32
4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE OPPORTUNITIES IN THE GLOBAL FGD SYSTEMS MARKET 35
4.2 FGD SYSTEMS MARKET GROWTH, BY REGION 35
4.3 FGD SYSTEMS MARKET SHARE, BY END-USE INDUSTRY 36
4.4 GLOBAL FGD SYSTEMS MARKET, MAJOR COUNTRIES 37
?
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 38
5.1.1 DRIVERS 39
5.1.1.1 High dependence on coal-fired power plants 39
5.1.1.2 Stringent standards for sulfur oxide emission 39
5.1.1.3 Marketable by-products with a variety of applications 41
5.1.1.4 Focus on coal-fired power generation due to COVID-19 pandemic 41
5.1.2 RESTRAINTS 41
5.1.2.1 Emergence and adoption of clean energy sources 41
5.1.2.2 FGD wastewater disposal and associated costs 43
5.1.3 OPPORTUNITIES 43
5.1.3.1 Increasing number of coal-fired power plants in China and India 43
5.1.3.2 Likely surge in power demand post COVID-19 pandemic 44
5.1.4 CHALLENGES 44
5.1.4.1 High energy consumption of FGD operations in power plants 44
5.1.4.2 Supply chain, trade, and economic disruptions due to COVID-19 pandemic 44
5.2 PORTER’S FIVE FORCES ANALYSIS 45
5.2.1 THREAT OF NEW ENTRANTS 45
5.2.2 THREAT OF SUBSTITUTES 46
5.2.3 BARGAINING POWER OF SUPPLIERS 46
5.2.4 BARGAINING POWER OF BUYERS 46
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 46
5.3 VALUE CHAIN ANALYSIS 47
5.4 CASE STUDY ANALYSIS 49
5.4.1 POWER GENERATION 49
5.4.1.1 CEZ Group upgrades FGD system at Detmarovice coal-fired
power plant 49
5.4.1.2 NTPC Ltd. to install FGD systems at two coal-fired power plants
in India 49
5.4.1.3 Mitsui Engineering & Shipbuilding Co., Ltd. to install flue gas cleaning system at MES biomass power plant 49
5.4.2 CEMENT 49
5.4.2.1 Vietnam National Cement Corporation to implement flue gas cleaning systems for removal of sulfur oxide gases 49
5.4.2.2 NORCEM AS adopts seawater FGD system for Kjopsvik cement plant in Norway 50
5.4.3 WASTE INCINERATION 50
5.4.3.1 Kotkan Energia Oy installs FGD system at waste-to-energy
power plant 50
?
5.5 FGD SYSTEMS MARKET, EMISSION CONTROL REGULATIONS 50
5.5.1 INTRODUCTION 50
5.5.2 SULFUR CONTROL REGULATIONS, BY REGION 51
5.5.2.1 Asia Pacific 51
5.5.2.1.1 China 51
5.5.2.1.2 India 52
5.5.2.2 Europe 53
5.5.2.3 North America 53
5.5.2.3.1 US 53
5.5.3 CONCLUSION 55
6 COVID-19 IMPACT 56
6.1 COVID-19 HEALTH ASSESSMENT 56
6.2 COVID-19 ECONOMIC ASSESSMENT 58
6.2.1 COVID-19 IMPACT ON THE ECONOMY?SCENARIO ASSESSMENT 59
6.3 COVID-19 IMPACT ON FLUE GAS DESULFURIZATION SYSTEMS MARKET 61
7 FGD SYSTEMS MARKET, BY TYPE 64
7.1 INTRODUCTION 65
7.2 WET FGD SYSTEMS 67
7.2.1 WET FGD SYSTEMS, BY TYPE 68
7.2.1.1 Limestone 69
7.2.1.2 Seawater 69
7.2.1.3 Others 70
7.3 DRY & SEMI-DRY FGD SYSTEMS 70
8 FGD SYSTEMS MARKET, BY INSTALLATION 72
8.1 INTRODUCTION 73
8.2 GREENFIELD 74
8.3 BROWNFIELD 74
9 FGD SYSTEMS MARKET, BY END-USE INDUSTRY 76
9.1 INTRODUCTION 77
9.2 POWER GENERATION 78
9.3 CHEMICAL 79
9.4 IRON & STEEL 79
9.5 CEMENT MANUFACTURING 80
9.6 OTHERS 81
?
10 FGD SYSTEMS MARKET, BY REGION 82
10.1 INTRODUCTION 83
10.2 ASIA PACIFIC 84
10.2.1 CHINA 87
10.2.1.1 China is the largest market for FGD systems, globally 87
10.2.1.2 COVID-19 impact in China 88
10.2.2 JAPAN 89
10.2.2.1 Power generation end-use industry to drive FGD systems market in Japan 89
10.2.2.2 COVID-19 impact in Japan 90
10.2.3 INDIA 91
10.2.3.1 India expected to register fastest growth during the forecast period 91
10.2.3.2 COVID-19 impact in India 93
10.2.4 SOUTH KOREA 94
10.2.4.1 South Korea to account for the third-largest market share in Asia Pacific in 2020 94
10.2.4.2 COVID-19 impact in South Korea 95
10.2.5 AUSTRALIA & NEW ZEALAND 96
10.2.5.1 Coal-fired power plants to spur demand for FGD systems in Australia & New Zealand 96
10.2.5.2 COVID-19 impact in Australia & New Zealand 96
10.2.6 REST OF ASIA PACIFIC 97
10.2.6.1 COVID-19 impact in Rest of Asia Pacific 98
10.3 NORTH AMERICA 99
10.3.1 US 102
10.3.1.1 US accounts for the largest share of the FGD systems market in
North America 102
10.3.1.2 COVID-19 impact in the US 103
10.3.2 CANADA 104
10.3.2.1 Power generation and chemical industries to drive demand for FGD systems in Canada 104
10.3.2.2 COVID-19 impact in Canada 104
10.3.3 MEXICO 105
10.3.3.1 Expansion of coal-based power generation industry to contribute to growth of FGD systems market in Mexico 105
10.3.3.2 COVID-19 impact in Mexico 106
10.4 EUROPE 107
10.4.1 GERMANY 109
10.4.1.1 Germany is the largest and fastest-growing market for FGD systems in Europe 109
10.4.1.2 COVID-19 impact in Germany 110
10.4.2 UK 111
10.4.2.1 Chemical industry to spur demand for FGD systems in the UK 111
10.4.2.2 COVID-19 impact in the UK 112
10.4.3 FRANCE 113
10.4.3.1 Chemical and iron & steel industries to drive demand for FGD systems in France 113
10.4.3.2 COVID-19 impact in France 114
10.4.4 ITALY 115
10.4.4.1 Cement manufacturing is expected to increase demand for FGD systems in Italy 115
10.4.4.2 COVID-19 impact in Italy 116
10.4.5 REST OF EUROPE 117
10.4.5.1 COVID-19 impact in Rest of Europe 117
10.5 SOUTH AMERICA 118
10.5.1 BRAZIL 120
10.5.1.1 Increased dependence on coal-fired power plants expected to boost FGD systems market in Brazil 120
10.5.1.2 COVID-19 impact in Brazil 120
10.5.2 ARGENTINA 121
10.5.2.1 Argentina is the second-largest market for FGD systems in
South America 121
10.5.2.2 COVID-19 impact in Argentina 121
10.5.3 CHILE 122
10.5.3.1 Chemical refining and smelting to drive FGD systems market in Chile 122
10.5.3.2 COVID-19 impact in Chile 123
10.5.4 REST OF SOUTH AMERICA 124
10.5.4.1 COVID-19 impact in Rest of South America 124
10.6 MIDDLE EAST & AFRICA 125
10.6.1 UAE 126
10.6.1.1 UAE is the largest market for FGD systems in the Middle East 126
10.6.1.2 COVID-19 impact in the UAE 127
10.6.2 SAUDI ARABIA 128
10.6.2.1 Saudi Arabia to register second-fastest growth in FGD systems market during the forecast period 128
10.6.2.2 COVID-19 impact in Saudi Arabia 128
10.6.3 QATAR 129
10.6.3.1 Rising petrochemical industry to spur demand for FGD systems
in Qatar 129
10.6.3.2 COVID-19 impact in Qatar 129
10.6.4 KUWAIT 130
10.6.4.1 Iron & steel industry to increase demand for FGD systems in Kuwait 130
10.6.4.2 COVID-19 impact in Kuwait 131
10.6.5 OMAN 132
10.6.5.1 Rise of coal-based power generation industry provides favorable prospects for FGD systems market in Oman 132
10.6.5.2 COVID-19 impact in Oman 132
?
10.6.6 REST OF MIDDLE EAST & AFRICA 133
10.6.6.1 COVID-19 impact in Rest of Middle East & Africa 133
11 COMPETITIVE LANDSCAPE 135
11.1 OVERVIEW 135
11.2 MARKET EVALUATION FRAMEWORK 137
11.3 MARKET SHARE ANALYSIS 138
11.3.1 MARKET SHARE ANALYSIS OF TOP PLAYERS IN THE FGD SYSTEMS MARKET 138
11.4 KEY MARKET DEVELOPMENTS 140
12 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 148
12.1 OVERVIEW 148
12.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY 149
12.2.1 PRODUCT FOOTPRINT 149
12.2.2 STAR 150
12.2.3 EMERGING LEADERS 150
12.2.4 PERVASIVE 150
12.3 COMPANY EVALUATION MATRIX 151
13 COMPANY PROFILES 152
13.1 MITSUBISHI HEAVY INDUSTRIES LTD. 152
(Business overview, Products offered, Recent developments, COVID-19 related developments, SWOT analysis, MnM view)*
13.2 GENERAL ELECTRIC COMPANY 157
13.3 DOOSAN LENTJES GMBH 160
13.4 BABCOCK & WILCOX ENTERPRISES INC. 162
13.5 RAFAKO S.A. 165
13.6 ANDRITZ AG 168
13.7 FLSMIDTH & CO. 171
13.8 VALMET CORPORATION 173
13.9 KAWASAKI HEAVY INDUSTRIES LTD. 176
13.10 HAMON GROUP 178
13.11 SME EVALUATION MATRIX, 2019 181
13.12 SME PROFILES 182
13.12.1 THERMAX LTD. 182
13.12.2 MARSULEX ENVIRONMENTAL TECHNOLOGIES 185
13.12.3 DUCON TECHNOLOGIES INC. 187
13.12.4 CHIYODA CORPORATION 188
13.12.5 CHINA BOQI ENVIRONMENTAL (HOLDING) CO. LTD. 190
13.12.6 LAB SA 192
13.12.7 MACROTEK INC. 193
13.12.8 CHINA EVERBRIGHT INTERNATIONAL LTD. 194
13.12.9 AECOM 196
13.12.10 BURNS & MCDONNELL 198
*Business overview, Products offered, Recent developments, COVID-19 related developments, SWOT analysis, MnM view might not be captured in case of unlisted companies.
13.13 OTHERS KEY PLAYERS IN THE FGD SYSTEMS MARKET 199
13.13.1 RUDIS TRBOVLJE 199
13.13.2 STEINMULLER ENGINEERING GMBH 199
13.13.3 SHANDONG BAOLAN ENVIRONMENTAL PROTECTION ENGINEERING CO. LTD. 199
13.13.4 IDE TECHNOLOGIES 200
13.13.5 KC COTTRELL 200
14 APPENDIX 201
14.1 DISCUSSION GUIDE 201
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 203
14.3 AVAILABLE CUSTOMIZATIONS 205
14.4 RELATED REPORTS 205
14.5 AUTHOR DETAILS 206

List of Tables

LIST OF TABLES

TABLE 1 TOP FIVE COUNTRY-WISE ANTHROPOGENIC SO2 EMISSIONS - 2018 39
TABLE 2 MAJOR SECTORS CONTRIBUTING TO GLOBAL ANTHROPOGENIC SO2
EMISSIONS - 2018 39
TABLE 3 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS 40
TABLE 4 CHINA, EU, AND US COAL-FIRED POWER PLANT STANDARDS (MG/M3): 51
TABLE 5 REGULATIONS (2003-2017) 52
TABLE 6 CRITERIA IMPACTING THE GLOBAL ECONOMY 59
TABLE 7 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 60
TABLE 8 FGD: AVAILABLE TECHNOLOGIES 65
TABLE 9 WET FGD SYSTEMS VS. DRY & SEMI-DRY FGD SYSTEMS 66
TABLE 10 FGD CLASSIFICATION AND CO-PRODUCTS BASED ON PROCESS 66
TABLE 11 FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 67
TABLE 12 WET FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 68
TABLE 13 LIMESTONE-BASED WET FGD SYSTEMS MARKET, BY REGION,
2018-2025 (USD MILLION) 69
TABLE 14 SEAWATER-BASED WET FGD SYSTEMS MARKET, BY REGION,
2018-2025 (USD MILLION) 69
TABLE 15 OTHER WET FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 70
TABLE 16 DRY & SEMI-DRY FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 71
TABLE 17 FGD SYSTEMS MARKET, BY INSTALLATION, 2018-2025 (USD MILLION) 73
TABLE 18 GREENFIELD FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 74
TABLE 19 BROWNFIELD FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 75
TABLE 20 FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 77
TABLE 21 POWER GENERATION: FGD SYSTEMS MARKET, BY REGION,
2018-2025 (USD MILLION) 78
TABLE 22 CHEMICAL: FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 79
TABLE 23 IRON & STEEL: FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 80
TABLE 24 CEMENT MANUFACTURING: FGD SYSTEMS MARKET, BY REGION,
2018-2025 (USD MILLION) 81
TABLE 25 OTHER END-USE INDUSTRIES: FGD SYSTEMS MARKET, BY REGION,
2018-2025 (USD MILLION) 81
TABLE 26 FGD SYSTEMS MARKET, BY REGION, 2018-2025 (USD MILLION) 84
TABLE 27 FGD SYSTEMS MARKET, BY REGION, 2018-2025 (MW) 84
TABLE 28 ASIA PACIFIC: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 86
TABLE 29 ASIA PACIFIC: FGD SYSTEMS MARKET, BY COUNTRY, 2018-2025 (USD MILLION) 86
TABLE 30 ASIA PACIFIC: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 87
TABLE 31 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN CHINA 87
TABLE 32 CHINA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 89
TABLE 33 CHINA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 89
TABLE 34 JAPAN: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 91
TABLE 35 JAPAN: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 91
TABLE 36 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN INDIA 92
TABLE 37 YEAR-WISE FGD PLAN IN INDIA 92
TABLE 38 INDIA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 94
TABLE 39 INDIA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 94
TABLE 40 SOUTH KOREA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 95
TABLE 41 SOUTH KOREA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 96
TABLE 42 AUSTRALIA & NEW ZEALAND: FGD SYSTEMS MARKET, BY TYPE,
2018-2025 (USD MILLION) 97
TABLE 43 AUSTRALIA & NEW ZEALAND: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 97
TABLE 44 REST OF ASIA PACIFIC: FGD SYSTEMS MARKET, BY TYPE,
2018-2025 (USD MILLION) 98
TABLE 45 REST OF ASIA PACIFIC: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 99
TABLE 46 NORTH AMERICA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 100
TABLE 47 NORTH AMERICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018-2025 (USD MILLION) 101
TABLE 48 NORTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 101
TABLE 49 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN THE US 102
TABLE 50 US: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 103
TABLE 51 US: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 103
TABLE 52 CANADA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 105
TABLE 53 CANADA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 105
TABLE 54 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN MEXICO 106
TABLE 55 MEXICO: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 106
TABLE 56 MEXICO: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 107
TABLE 57 EUROPE: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 108
TABLE 58 EUROPE: FGD SYSTEMS MARKET, BY COUNTRY, 2018-2025 (USD MILLION) 109
TABLE 59 EUROPE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 109
TABLE 60 SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN GERMANY 110
TABLE 61 GERMANY: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 111
TABLE 62 GERMANY: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 111
TABLE 63 UK: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 112
TABLE 64 UK: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 113
TABLE 65 FRANCE: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 114
TABLE 66 FRANCE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 115
TABLE 67 ITALY: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 116
TABLE 68 ITALY: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 117
TABLE 69 REST OF EUROPE: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 117
TABLE 70 REST OF EUROPE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 118
TABLE 71 SOUTH AMERICA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 118
TABLE 72 SOUTH AMERICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018-2025 (USD MILLION) 119
TABLE 73 SOUTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 119
TABLE 74 BRAZIL: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 120
TABLE 75 BRAZIL: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 121
TABLE 76 ARGENTINA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 122
TABLE 77 ARGENTINA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 122
TABLE 78 CHILE: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 123
TABLE 79 CHILE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 123
TABLE 80 REST OF SOUTH AMERICA: FGD SYSTEMS MARKET, BY TYPE,
2018-2025 (USD MILLION) 124
TABLE 81 REST OF SOUTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 124
TABLE 82 MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY TYPE,
2018-2025 (USD MILLION) 125
TABLE 83 MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018-2025 (USD MILLION) 125
TABLE 84 MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 126
TABLE 85 UAE: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 127
TABLE 86 UAE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 127
TABLE 87 SAUDI ARABIA: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 128
TABLE 88 SAUDI ARABIA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 129
TABLE 89 QATAR: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 130
TABLE 90 QATAR: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 130
TABLE 91 KUWAIT: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 131
TABLE 92 KUWAIT: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 131
TABLE 93 OMAN: FGD SYSTEMS MARKET, BY TYPE, 2018-2025 (USD MILLION) 132
TABLE 94 OMAN: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 133
TABLE 95 REST OF MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY TYPE,
2018-2025 (USD MILLION) 133
TABLE 96 REST OF MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 134
TABLE 97 AGREEMENTS, 2016-2020 140
TABLE 98 EXPANSIONS, 2016-2020 146
TABLE 99 INNOVATIVE TECHNOLOGY, 2016-2020 147
TABLE 100 NEW PRODUCT DEVELOPMENT, 2016-2020 147

List of Figures

LIST OF FIGURES

FIGURE 1 FLUE GAS DESULFURIZATION (FGD) MARKET SEGMENTATION 20
FIGURE 2 HISTORICAL GLOBAL FGD SYSTEMS MARKET: 2015-2022 22
FIGURE 3 CURRENT GLOBAL FGD SYSTEMS MARKET: 2018-2025 23
FIGURE 4 FGD SYSTEMS MARKET: RESEARCH DESIGN 24
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY, DESIGNATION,
AND REGION 27
FIGURE 6 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 27
FIGURE 7 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 28
FIGURE 8 MARKET BREAKDOWN AND DATA TRIANGULATION 30
FIGURE 9 POWER GENERATION EXPECTED TO HOLD LARGEST SHARE DURING THE FORECAST PERIOD (USD MILLION) 33
FIGURE 10 WET FGD SYSTEMS SEGMENT LED THE MARKET IN 2019 33
FIGURE 11 ASIA PACIFIC DOMINATED THE GLOBAL FGD SYSTEMS MARKET IN 2019 34
FIGURE 12 GROWING DEMAND FROM POWER GENERATION INDUSTRY TO DRIVE
THE FGD SYSTEMS MARKET FROM 2020 TO 2025 35
FIGURE 13 ASIA PACIFIC TO BE THE FASTEST-GROWING MARKET FOR FGD SYSTEMS BETWEEN 2020 AND 2025 (USD MILLION) 35
FIGURE 14 POWER GENERATION AND CHINA ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF FGD SYSTEMS MARKET IN ASIA PACIFIC IN 2020 36
FIGURE 15 FGD SYSTEMS MARKET IN INDIA PROJECTED TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 (USD MILLION) 37
FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
THE FGD SYSTEMS MARKET 38
FIGURE 17 RENEWABLE CAPACITY GROWTH UNTIL 2024 ? BY TECHNOLOGY 42
FIGURE 18 RENEWABLE CAPACITY GROWTH BY COUNTRY/REGION UNTIL 2024 42
FIGURE 19 FGD SYSTEMS MARKET: PORTER'S FIVE FORCES ANALYSIS 45
FIGURE 20 VALUE CHAIN ANALYSIS OF FGD SYSTEMS 47
FIGURE 21 US REGULATIONS FROM 2005-2015 54
FIGURE 22 COVID-19 PROPAGATION: SELECT COUNTRIES 56
FIGURE 23 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED ON MEASURES TAKEN 57
FIGURE 24 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 58
FIGURE 25 FGD SYSTEMS MARKET, BY TYPE, 2020 & 2025 (USD MILLION) 67
FIGURE 26 WET FGD SYSTEMS MARKET, BY TYPE, 2020 & 2025 (USD MILLION) 68
FIGURE 27 FGD SYSTEMS MARKET, BY INSTALLATION, 2020 & 2025 73
FIGURE 28 FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2020 & 2025 (USD MILLION) 77
FIGURE 29 GLOBAL GROWTH RATE SNAPSHOT, BY COUNTRY (2020-2025) 83
FIGURE 30 ASIA PACIFIC FGD SYSTEMS MARKET SNAPSHOT 85
FIGURE 31 NORTH AMERICA MARKET SNAPSHOT 100
FIGURE 32 EUROPE MARKET SNAPSHOT 108
FIGURE 33 COMPANIES PRIMARILY ADOPTED INORGANIC GROWTH STRATEGIES BETWEEN 2016 AND 2020 136
FIGURE 34 MARKET EVALUATION FRAMEWORK: 2017 AND 2018 SAW AGREEMENTS
AND SUPPLY CONTRACTS LEADING THIS SPACE 137
FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE FGD SYSTEMS MARKET 149
FIGURE 36 FGD SYSTEMS MARKET: COMPANY EVALUATION MATRIX, 2019 151
FIGURE 37 MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT 152
FIGURE 38 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 157
FIGURE 39 BABCOCK & WILCOX ENTERPRISES INC.: COMPANY SNAPSHOT 162
FIGURE 40 RAFAKO S.A.: COMPANY SNAPSHOT 165
FIGURE 41 ANDRITZ AG: COMPANY SNAPSHOT 168
FIGURE 42 FLSMIDTH & CO.: COMPANY SNAPSHOT 171
FIGURE 43 VALMET CORPORATION: COMPANY SNAPSHOT 173
FIGURE 44 KAWASAKI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT 176
FIGURE 45 HAMON GROUP: COMPANY SNAPSHOT 178
FIGURE 46 THERMAX LTD.: COMPANY SNAPSHOT 182
FIGURE 47 CHIYODA CORPORATION: COMPANY SNAPSHOT 188
FIGURE 48 CHINA BOQI ENVIRONMENTAL (HOLDING) CO. LTD.: COMPANY SNAPSHOT 190
FIGURE 49 CHINA EVERBRIGHT INTERNATIONAL LTD.: COMPANY SNAPSHOT 194
FIGURE 50 AECOM: COMPANY SNAPSHOT 196

 

COPYRIGHT(C) 2011-2020 DATA RESOURCES, Inc. ALL RIGHTS RESERVED.