Flue Gas Treatment Systems Market to Grow at 5.4% CAGR by 2026
" COVID-19 Impact on Flue Gas Treatment Systems Market, size, share, growth, industry analysis, and forecast 2020-2026 "
A collection of techniques used to remove hazardous gases such as sulphur dioxide (SO2) and nitrogen oxide (NOx) from manufacturing and power plant pollution is known as a flue gas treatment system. The flue gas treatment systems have new potentials with the strict regulations on emissions regulation and various incentives provided by relevant emission reduction commissions.
Air pollution is controlled every day and is considered the most severe problem. Growth in the number of industrial factories and power plants leads to the ambient outflow of sulphur dioxide and other gases. This sulphur dioxide responds directly to vapors and other atmospheric chemicals leading to acid rain and fog. The rising atmospheric issue is the primary driver for the flue gas treatment system market. Social focus is pulled towards this industry by minimizing running costs using heat recovery, minimizing stack plumes, and enhancing sectors' operability. Thus, the above factors are driving the growth of the market. Moreover, strict regulations on emissions control, technical innovation, and several opportunity advantages provided by pertinent carbon reduction commissions bring new opportunities to the market.
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Furthermore, the growing number of coal-fired plants and the commercial segment's adoption of post-combustion carbon capture equipment are the factors providing opportunities for the flue gas treatment systems market.
The Flue Gas Treatment Systems Market research report titled “Flue Gas Treatment Systems Market by Business Type, Pollutant Control System, End-Use Industry and Geography – Global Forecast up to 2026.”
The report provides the key players of the flue gas treatment systems market-Fisia Babcock Environment Gmbh, Mitsubishi Hitachi Power Systems Ltd., Babcock & Wilcox Enterprises Inc., Clyde Bergemann Power Group, and Marsulex Environmental Technologies.
In addition, Asia Pacific is leading in the flue gas treatment market due to the numerous initiatives taken by governments of various Asia Pacific countries to draw investment from various foreign companies.
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The report consists of 96 Tables and charts 66 depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Flue Gas Treatment Systems Market based on Business Type
Flue Gas Treatment Systems Market based on Pollutant Control System
- Flue Gas Desulfurization (FGD) Systems
- Denox Systems
- Particulate Control Systems
- Mercury Control Systems
- Other Pollutant Control Systems
Flue Gas Treatment Systems Market based on End-Use Industry
- Chemical & Petrochemical
- Iron & Steel
Flue Gas Treatment Systems Market based on Geography
- North America
- Asia Pacific
- Rest of the world