出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2021年12月
排煙脱硫システム市場: タイプ（ウェット、ドライ、セミドライ）、最終用途産業（発電、化学、鉄鋼、セメント製造）、設置（グリーンフィールド、ブラウンフィールド）、地域別 – 2026年までの世界予測
Flue Gas Desulfurization System 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 2026
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The FGD systems market is projected to grow from USD 19.3 billion in 2021 to USD 24.9 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. 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 36.7% of the world’s electricity generation in 2019 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 2021 to 2026. 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
1INTRODUCTION24
1.1OBJECTIVES OF THE STUDY24
1.2MARKET DEFINITION24
1.3SCOPE OF THE MARKET25
1.3.1MARKETS COVERED25
FIGURE 1FLUE GAS DESULFURIZATION (FGD)SYSTEMS MARKET SEGMENTATION25
1.3.2YEARS CONSIDERED IN THE REPORT25
1.4CURRENCY26
1.5VOLUME26
1.6LIMITATIONS26
1.7STAKEHOLDERS26
1.8SUMMARY OF CHANGES27
FIGURE 2HISTORICAL GLOBAL FGD SYSTEMS MARKET: 2015–202227
FIGURE 3CURRENT GLOBAL FGD SYSTEMS MARKET: 2018–202628
2RESEARCH METHODOLOGY29
2.1RESEARCH DATA29
FIGURE 4FGD SYSTEMS MARKET: RESEARCH DESIGN29
2.1.1SECONDARY DATA30
2.1.1.1Key data from secondary sources30
2.1.2PRIMARY DATA31
2.1.2.1Key data from primary sources31
2.1.2.2Key industry insights31
2.1.2.3Breakdown of primary interviews32
FIGURE 5BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY, DESIGNATION, AND REGION32
2.2MARKET SIZE ESTIMATION32
2.2.1BOTTOM-UP APPROACH32
FIGURE 6MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH32
2.2.2TOP-DOWN APPROACH33
FIGURE 7MARKET SIZE ESTIMATION: TOP-DOWN APPROACH33
2.3BASE NUMBER CALCULATION34
2.3.1SUPPLY-SIDE APPROACH34
2.4MARKET BREAKDOWN AND DATA TRIANGULATION35
FIGURE 8MARKET BREAKDOWN AND DATA TRIANGULATION35
2.5RESEARCH ASSUMPTIONS36
3EXECUTIVE SUMMARY37
FIGURE 9POWER GENERATION EXPECTED TO HOLD LARGEST SHARE DURING THE FORECAST PERIOD (USD MILLION)38
FIGURE 10WET FGD SYSTEMS SEGMENT LED THE MARKET IN 202038
FIGURE 11ASIA PACIFIC DOMINATED GLOBAL FGD SYSTEMS MARKET IN 202039
4PREMIUM INSIGHTS40
4.1ATTRACTIVE OPPORTUNITIES IN GLOBAL FGD SYSTEMS MARKET40
FIGURE 12GROWING DEMAND FROM POWER GENERATION INDUSTRY TO DRIVE FGD SYSTEMS MARKET40
4.2FGD SYSTEMS MARKET GROWTH, BY REGION40
FIGURE 13ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR FGD SYSTEMS BETWEEN 2021 AND 202640
4.3FGD SYSTEMS MARKET SHARE, BY END-USE INDUSTRY41
FIGURE 14POWER GENERATION TO ACCOUNT FOR LARGEST SHARE OF FGD SYSTEMS MARKET IN ASIA PACIFIC41
4.4GLOBAL FGD SYSTEMS MARKET, MAJOR COUNTRIES42
FIGURE 15FGD SYSTEMS MARKET IN INDIA PROJECTED TO WITNESS HIGHEST CAGR
(BY VALUE)42
5MARKET OVERVIEW43
5.1INTRODUCTION43
FIGURE 16DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE FGD SYSTEMS MARKET43
5.1.1DRIVERS44
5.1.1.1High dependence on coal-fired power plants44
TABLE 1TOP FIVE COUNTRY-WISE ANTHROPOGENIC SO2 EMISSIONS – 201844
5.1.1.2Stringent standards for sulfur oxide emission44
TABLE 2MAJOR SECTORS CONTRIBUTING TO GLOBAL ANTHROPOGENIC SO2 EMISSIONS – 201844
TABLE 3SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS45
5.1.1.3Marketable by-products with a variety of applications46
5.1.1.4Focus on coal-fired power generation due to COVID-19 pandemic46
5.1.2RESTRAINTS46
5.1.2.1Emergence and adoption of clean energy sources46
FIGURE 17RENEWABLE CAPACITY GROWTH UNTIL 2024 – BY TECHNOLOGY47
FIGURE 18RENEWABLE CAPACITY GROWTH BY COUNTRY/REGION UNTIL 202447
5.1.2.2FGD wastewater disposal and associated costs48
5.1.3OPPORTUNITIES48
5.1.3.1Increasing number of coal-fired power plants in China and India48
5.1.3.2Likely surge in power demand post COVID-19 pandemic49
5.1.4CHALLENGES49
5.1.4.1High energy consumption of FGD operations in power plants49
5.1.4.2Supply chain, trade, and economic disruptions due to COVID-19 pandemic49
5.2PORTER’S FIVE FORCES ANALYSIS50
FIGURE 19FGD SYSTEMS MARKET: PORTER’S FIVE FORCES ANALYSIS50
5.2.1THREAT OF NEW ENTRANTS50
5.2.2THREAT OF SUBSTITUTES51
5.2.3BARGAINING POWER OF SUPPLIERS51
5.2.4BARGAINING POWER OF BUYERS51
5.2.5INTENSITY OF COMPETITIVE RIVALRY52
5.3VALUE CHAIN ANALYSIS52
FIGURE 20VALUE CHAIN ANALYSIS OF FGD SYSTEMS52
5.4CASE STUDY ANALYSIS54
5.4.1POWER GENERATION54
5.4.1.1CEZ Group upgrades FGD system at Detmarovice coal-fired power plant54
5.4.1.2NTPC Ltd. to install FGD systems at two coal-fired power plants in India54
5.4.1.3Mitsui Engineering & Shipbuilding Co., Ltd. to install flue gas cleaning system at MES biomass power plant54
5.4.2CEMENT54
5.4.2.1Vietnam National Cement Corporation to implement flue gas cleaning systems for removal of sulfur oxide gases54
5.4.2.2NORCEM AS adopts seawater FGD system for Kjopsvik cement plant in Norway55
5.4.3WASTE INCINERATION55
5.4.3.1Kotkan Energia Oy installs FGD system at waste-to-energy power plant55
5.5FGD SYSTEMS MARKET, EMISSION CONTROL REGULATIONS55
5.5.1INTRODUCTION55
5.5.2SULFUR CONTROL REGULATIONS, BY REGION56
5.5.2.1Asia Pacific56
5.5.2.1.1China56
TABLE 4CHINA, EU, AND US COAL-FIRED POWER PLANT STANDARDS (MG/M3):56
5.5.2.1.2India57
TABLE 5REGULATIONS (2003–2017)57
5.5.2.2Europe58
5.5.2.3North America58
5.5.2.3.1US58
FIGURE 21US REGULATIONS FROM 2005-201559
5.5.3CONCLUSION60
6COVID-19 IMPACT61
6.1COVID-19 HEALTH ASSESSMENT61
6.2COVID-19 ECONOMIC ASSESSMENT61
FIGURE 22REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 202062
6.2.1COVID-19 IMPACT ON THE ECONOMY—SCENARIO ASSESSMENT63
TABLE 6CRITERIA IMPACTING THE GLOBAL ECONOMY63
6.3COVID-19 IMPACT ON FLUE GAS DESULFURIZATION SYSTEMS MARKET64
7FGD SYSTEMS MARKET, BY TYPE66
7.1INTRODUCTION67
TABLE 7FGD: AVAILABLE TECHNOLOGIES67
TABLE 8WET FGD SYSTEMS VS. DRY & SEMI-DRY FGD SYSTEMS68
TABLE 9FGD CLASSIFICATION AND CO-PRODUCTS BASED ON PROCESS68
FIGURE 23FGD SYSTEMS MARKET, BY TYPE, 2021 & 2026 (USD MILLION)69
TABLE 10FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)69
7.2WET FGD SYSTEMS69
TABLE 11WET FGD SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION)70
7.2.1WET FGD SYSTEMS, BY TYPE70
FIGURE 24WET FGD SYSTEMS MARKET, BY TYPE, 2021 & 2026 (USD MILLION)70
7.2.1.1Limestone71
TABLE 12LIMESTONE-BASED WET FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)71
7.2.1.2Seawater71
TABLE 13SEAWATER-BASED WET FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)71
7.2.1.3Others72
TABLE 14OTHER WET FGD SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION)72
7.3DRY & SEMI-DRY FGD SYSTEMS72
TABLE 15DRY & SEMI-DRY FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)72
8FGD SYSTEMS MARKET, BY INSTALLATION74
8.1INTRODUCTION75
FIGURE 25FGD SYSTEMS MARKET, BY INSTALLATION, 2021 & 202675
TABLE 16FGD SYSTEMS MARKET, BY INSTALLATION, 2018–2026 (USD MILLION)75
8.2GREENFIELD76
TABLE 17GREENFIELD FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)76
8.3BROWNFIELD76
TABLE 18BROWNFIELD FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)77
9FGD SYSTEMS MARKET, BY END-USE INDUSTRY78
9.1INTRODUCTION79
FIGURE 26FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2021 & 2026 (USD MILLION)79
TABLE 19FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018–2026 (USD MILLION)79
9.2POWER GENERATION80
TABLE 20POWER GENERATION: FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)80
9.3CHEMICAL81
TABLE 21CHEMICAL: FGD SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION)81
9.4IRON & STEEL81
TABLE 22IRON & STEEL: FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)82
9.5CEMENT MANUFACTURING82
TABLE 23CEMENT MANUFACTURING: FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)83
9.6OTHERS83
TABLE 24OTHER END-USE INDUSTRIES: FGD SYSTEMS MARKET, BY REGION,
2018–2026 (USD MILLION)83
10FGD SYSTEMS MARKET, BY REGION84
10.1INTRODUCTION85
FIGURE 27GLOBAL GROWTH RATE SNAPSHOT, BY COUNTRY (2021-2026)85
TABLE 25FGD SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION)86
TABLE 26FGD SYSTEMS MARKET, BY REGION, 2018–2026 (MW)86
10.2ASIA PACIFIC86
FIGURE 28ASIA PACIFIC FGD SYSTEMS MARKET SNAPSHOT87
TABLE 27ASIA PACIFIC: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)87
TABLE 28ASIA PACIFIC: FGD SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)88
TABLE 29ASIA PACIFIC: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)88
10.2.1CHINA89
10.2.1.1China is the largest market for FGD systems, globally89
TABLE 30SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN CHINA89
10.2.1.2COVID-19 impact in China90
TABLE 31CHINA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)90
TABLE 32CHINA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)91
10.2.2JAPAN91
10.2.2.1Power generation industry to drive FGD systems market in Japan91
10.2.2.2COVID-19 impact in Japan92
TABLE 33JAPAN: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)92
TABLE 34JAPAN: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)93
10.2.3INDIA93
10.2.3.1India expected to register fastest growth during the forecast period93
TABLE 35SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN INDIA94
TABLE 36YEAR-WISE FGD PLAN IN INDIA94
10.2.3.2COVID-19 impact in India95
TABLE 37INDIA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)95
TABLE 38INDIA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)96
10.2.4SOUTH KOREA96
10.2.4.1South Korea to account for third-largest share in Asia Pacific in 202096
10.2.4.2COVID-19 impact in South Korea97
TABLE 39SOUTH KOREA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)97
TABLE 40SOUTH KOREA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)98
10.2.5AUSTRALIA & NEW ZEALAND98
10.2.5.1Coal-fired power plants to spur demand for FGD systems in Australia & New Zealand98
10.2.5.2COVID-19 impact in Australia & New Zealand98
TABLE 41AUSTRALIA & NEW ZEALAND: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)99
TABLE 42AUSTRALIA & NEW ZEALAND: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018–2026 (USD MILLION)99
10.2.6REST OF ASIA PACIFIC99
10.2.6.1COVID-19 impact in Rest of Asia Pacific100
TABLE 43REST OF ASIA PACIFIC: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)100
TABLE 44REST OF ASIA PACIFIC: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018–2026 (USD MILLION)100
10.3NORTH AMERICA101
FIGURE 29NORTH AMERICA MARKET SNAPSHOT101
TABLE 45NORTH AMERICA: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)102
TABLE 46NORTH AMERICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018–2026 (USD MILLION)102
TABLE 47NORTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)102
10.3.1US103
10.3.1.1US accounts for the largest share of the FGD systems market in North America103
TABLE 48SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN US103
10.3.1.2COVID-19 impact in the US104
TABLE 49US: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)104
TABLE 50US: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)105
10.3.2CANADA105
10.3.2.1Power generation and chemical industries to drive demand for FGD systems in Canada105
10.3.2.2COVID-19 impact in Canada106
TABLE 51CANADA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)106
TABLE 52CANADA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)106
10.3.3MEXICO107
10.3.3.1Expansion of coal-based power generation to contribute to growth of FGD systems market in Mexico107
TABLE 53SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN MEXICO107
10.3.3.2COVID-19 impact in Mexico108
TABLE 54MEXICO: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)108
TABLE 55MEXICO: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)108
10.4EUROPE109
FIGURE 30EUROPE MARKET SNAPSHOT110
TABLE 56EUROPE: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)110
TABLE 57EUROPE: FGD SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)111
TABLE 58EUROPE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)111
10.4.1GERMANY111
10.4.1.1Germany is largest and fastest-growing market for FGD systems in Europe111
TABLE 59SO2 EMISSION STANDARDS FOR COAL-FIRED POWER PLANTS IN GERMANY112
10.4.1.2COVID-19 impact in Germany112
TABLE 60GERMANY: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)113
TABLE 61GERMANY: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)113
10.4.2UK113
10.4.2.1Chemical industry to spur demand for FGD systems in the UK113
10.4.2.2COVID-19 impact in the UK114
TABLE 62UK: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)114
TABLE 63UK: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)115
10.4.3FRANCE115
10.4.3.1Chemical and iron & steel industries to drive demand for FGD systems in France115
10.4.3.2COVID-19 impact in France116
TABLE 64FRANCE: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)116
TABLE 65FRANCE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)117
10.4.4ITALY117
10.4.4.1Cement manufacturing is expected to increase demand for
FGD systems in Italy117
10.4.4.2COVID-19 impact in Italy118
TABLE 66ITALY: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)118
TABLE 67ITALY: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)119
10.4.5REST OF EUROPE119
10.4.5.1COVID-19 impact in Rest of Europe119
TABLE 68REST OF EUROPE: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)119
TABLE 69REST OF EUROPE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)120
10.5SOUTH AMERICA120
TABLE 70SOUTH AMERICA: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)120
TABLE 71SOUTH AMERICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018–2026 (USD MILLION)121
TABLE 72SOUTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)121
10.5.1BRAZIL122
10.5.1.1Increased dependence on coal-fired power plants expected to boost FGD systems market in Brazil122
10.5.1.2COVID-19 impact in Brazil122
TABLE 73BRAZIL: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)122
TABLE 74BRAZIL: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)123
10.5.2ARGENTINA123
10.5.2.1Argentina is second-largest market for FGD systems in South America123
10.5.2.2COVID-19 impact in Argentina123
TABLE 75ARGENTINA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)124
TABLE 76ARGENTINA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)124
10.5.3CHILE124
10.5.3.1Chemical refining and smelting to drive FGD systems market in Chile124
10.5.3.2COVID-19 impact in Chile125
TABLE 77CHILE: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)125
TABLE 78CHILE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)125
10.5.4REST OF SOUTH AMERICA126
10.5.4.1COVID-19 impact in Rest of South America126
TABLE 79REST OF SOUTH AMERICA: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)126
TABLE 80REST OF SOUTH AMERICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018–2026 (USD MILLION)126
10.6MIDDLE EAST & AFRICA127
TABLE 81MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY TYPE,
2018–2026 (USD MILLION)127
TABLE 82MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY COUNTRY,
2018–2026 (USD MILLION)127
TABLE 83MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY, 2018–2026 (USD MILLION)128
10.6.1UAE128
10.6.1.1UAE is largest market for FGD systems in the Middle East128
10.6.1.2COVID-19 impact in the UAE129
TABLE 84UAE: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)129
TABLE 85UAE: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)129
10.6.2SAUDI ARABIA130
10.6.2.1Saudi Arabia to register second-fastest growth of FGD systems market130
10.6.2.2COVID-19 impact in Saudi Arabia130
TABLE 86SAUDI ARABIA: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)130
TABLE 87SAUDI ARABIA: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)131
10.6.3QATAR131
10.6.3.1Rising petrochemical industry to spur demand for FGD systems
in Qatar131
10.6.3.2COVID-19 impact in Qatar131
TABLE 88QATAR: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)132
TABLE 89QATAR: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)132
10.6.4KUWAIT132
10.6.4.1Iron & steel industry to increase demand for FGD systems in Kuwait132
10.6.4.2COVID-19 impact in Kuwait133
TABLE 90KUWAIT: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)133
TABLE 91KUWAIT: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)133
10.6.5OMAN134
10.6.5.1Rise of coal-based power generation industry provides favorable prospects for FGD systems market in Oman134
10.6.5.2COVID-19 impact in Oman134
TABLE 92OMAN: FGD SYSTEMS MARKET, BY TYPE, 2018–2026 (USD MILLION)134
TABLE 93OMAN: FGD SYSTEMS MARKET, BY END-USE INDUSTRY,
2018–2026 (USD MILLION)135
10.6.6REST OF MIDDLE EAST & AFRICA135
10.6.6.1COVID-19 impact in Rest of Middle East & Africa135
TABLE 94REST OF MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET,
BY TYPE, 2018–2026 (USD MILLION)135
TABLE 95REST OF MIDDLE EAST & AFRICA: FGD SYSTEMS MARKET,
BY END-USE INDUSTRY, 2018–2026 (USD MILLION)136
11COMPETITIVE LANSCAPE137
11.1OVERVIEW137
FIGURE 31COMPANIES PRIMARILY ADOPTED INORGANIC GROWTH STRATEGIES BETWEEN 2016 AND 2020138
11.2MARKET EVALUATION FRAMEWORK139
FIGURE 32MARKET EVALUATION FRAMEWORK: 2017 AND 2018 SAW AGREEMENTS AND SUPPLY CONTRACTS LEADING THIS SPACE139
11.3MARKET RANKING ANALYSIS140
11.3.1MARKET RANKING ANALYSIS OF TOP PLAYERS IN THE FGD SYSTEMS MARKET140
FIGURE 33MARKET RANKING ANALYSIS140
11.4KEY MARKET DEVELOPMENTS142
11.4.1AGREEMENTS142
TABLE 96AGREEMENTS, 2016–2020142
11.4.2EXPANSIONS148
TABLE 97EXPANSIONS, 2016-2020148
11.4.3INNOVATIVE TECHNOLOGY149
TABLE 98INNOVATIVE TECHNOLOGY, 2016-2020149
11.4.4NEW PRODUCT DEVELOPMENT149
TABLE 99NEW PRODUCT DEVELOPMENT, 2016-2020149
11.5COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY150
11.5.1OVERVIEW150
11.5.2PRODUCT FOOTPRINT151
FIGURE 34PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE FGD SYSTEMS MARKET: 2020151
11.5.3STAR152
11.5.4EMERGING LEADERS152
11.5.5PERVASIVE152
FIGURE 35FGD SYSTEMS MARKET: COMPANY EVALUATION MATRIX, 2020153
12COMPANY PROFILES154
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1KEY PLAYERS154
12.1.1MITSUBISHI HEAVY INDUSTRIES LTD.154
TABLE 100MITSUBISHI HEAVY INDUSTRIES LTD.: BUSINESS OVERVIEW154
FIGURE 36MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT155
TABLE 101MITSUBISHI HEAVY INDUSTRIES: DEALS156
TABLE 102MITSUBISHI HEAVY INDUSTRIES LTD.: NEW PRODUCT LAUNCH157
12.1.2GENERAL ELECTRIC COMPANY160
TABLE 103GENERAL ELECTRIC COMPANY: BUSINESS OVERVIEW160
FIGURE 37GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT161
TABLE 104GENERAL ELECTRIC COMPANY: DEALS162
TABLE 105GENERAL ELECTRIC COMPANY: NEW PRODUCT LAUNCH163
12.1.3DOOSAN LENTJES GMBH165
TABLE 106DOOSAN LENTJES GMBH: BUSINESS OVERVIEW165
TABLE 107DOOSAN LENTJES GMBH: DEALS166
12.1.4BABCOCK & WILCOX ENTERPRISES INC.167
TABLE 108BABCOOK & WILCOX ENTERPRISES: BUSINESS OVERVIEW167
FIGURE 38BABCOCK & WILCOX ENTERPRISES: COMPANY SNAPSHOT168
TABLE 109BABCOCK & WILCOX: DEALS169
12.1.5RAFAKO S.A.170
TABLE 110RAFAKO SA.: BUSINESS OVERVIEW170
FIGURE 39RAFAKO S.A.: COMPANY SNAPSHOT171
TABLE 111RAFAKO S.A.: DEALS172
12.1.6ANDRITZ AG174
TABLE 112ANDRITZ AG: BUSINESS OVERVIEW174
FIGURE 40ANDRITZ AG: COMPANY SNAPSHOT174
TABLE 113ANDRITZ AG: DEALS175
12.1.7FLSMIDTH & CO.178
TABLE 114FLSMIDTH & CO.: BUSINESS OVERVIEW178
FIGURE 41FLSMIDTH & CO.: COMPANY SNAPSHOT179
TABLE 115FLSMIDTH & CO.: DEALS180
12.1.8VALMET CORPORATION181
TABLE 116VALMET CORPORATION: BUSINESS OVERVIEW181
FIGURE 42VALMET CORPORATION.: COMPANY SNAPSHOT181
TABLE 117VALMET CORPORATION: DEALS182
12.1.9KAWASAKI HEAVY INDUSTRIES LTD.185
TABLE 118KAWASAKI HEAVY INDUSTRIES LTD.: BUSINESS OVERVIEW185
FIGURE 43KAWASAKI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT185
TABLE 119KAWASAKI HEAVY INDUSTRIES LTD.: DEALS186
12.1.10HAMON GROUP188
TABLE 120HAMON GROUP: BUSINESS OVERVIEW188
FIGURE 44HAMON GROUP: COMPANY SNAPSHOT189
TABLE 121HAMON GROUP: DEALS190
12.2SME PROFILES191
12.2.1THERMAX LTD.191
TABLE 122THERMAX LTD.: BUSINESS OVERVIEW191
FIGURE 45THERMAX LTD.: COMPANY SNAPSHOT192
TABLE 123THERMAX LTD.: DEALS193
12.2.2MARSULEX ENVIRONMENTAL TECHNOLOGIES194
TABLE 124MARSULEX ENVIRONMENTAL: BUSINESS OVERVIEW194
TABLE 125MARSULEX ENVIRONMENTAL: DEALS195
12.2.3DUCON TECHNOLOGIES INC.197
TABLE 126DUCON TECHNOLOGIES INC.: BUSINESS OVERVIEW197
12.2.4CHIYODA CORPORATION198
TABLE 127CHIYODA CORPORATION: BUSINESS OVERVIEW198
FIGURE 46CHIYODA CORPORATION: COMPANY SNAPSHOT199
TABLE 128CHIYODA CORPORATION: DEALS200
12.2.5LAB SA.201
TABLE 129LAB SA.: BUSINESS OVERVIEW201
12.2.6MACROTEK INC.202
TABLE 130MACROTEK INC.: BUSINESS OVERVIEW202
12.2.7CHINA EVERBRIGHT INTERNATIONAL LTD.203
TABLE 131CHINA EVERBRIGHT INTERNATIONAL LTD.: BUSINESS OVERVIEW203
FIGURE 47CHINA EVERBRIGHT INTERNATIONAL LTD.: COMPANY SNAPSHOT204
12.2.8AECOM205
TABLE 132AECOM: BUSINESS OVERVIEW205
FIGURE 48AECOM: COMPANY SNAPSHOT206
12.2.9BURNS & MCDONNELL208
TABLE 133BURNS & MCDONNELL: BUSINESS OVERVIEW208
12.2.10RUDIS TRBOVLJE209
TABLE 134RUDIS TRBOVLJE: BUSINESS OVERVIEW209
12.2.11STEINMULLER ENGINEERING GMBH210
TABLE 135STEINMULLER ENGINEERING GMBH: BUSINESS OVERVIEW210
12.2.12SHANDONG BAOLAN ENVIRONMENTAL PROTECTION ENGINEERING CO. LTD211
TABLE 136SHANDONG BAOLAN ENVIRONMENTAL PROTECTION ENGINEERING CO. LTD.: BUSINESS OVERVIEW211
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
13APPENDIX212
13.1DISCUSSION GUIDE212
13.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL214
13.3AVAILABLE CUSTOMIZATIONS216
13.4RELATED REPORTS216
13.5AUTHOR DETAILS217