Global Flue Gas Desulfurization Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Wet FGD Systems and Dry & Semi-Dry FGD Systems.

By Installation Type;

New Systems, Components, Repairs, and & Consumables.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn810668302 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Flue Gas Desulfurization Market (USD Million), 2021 - 2031

In the year 2024, the Global Flue Gas Desulfurization Market was valued at USD 24,959.64 million. The size of this market is expected to increase to USD 34,194.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global flue gas desulfurization (FGD) market is driven by stringent environmental regulations and increasing concerns about air pollution. FGD systems, which remove sulfur dioxide (SO₂) from exhaust gases of fossil-fuel power plants and industrial processes, are essential for reducing emissions and complying with air quality standards. The push for cleaner energy sources and the enforcement of stricter emission norms globally are propelling the demand for advanced FGD technologies.

Technological advancements are shaping the FGD market, with innovations such as dry and semi-dry scrubbing systems, as well as wet scrubbers, offering improved efficiency and cost-effectiveness. The development of new materials and processes, including advanced sorbents and optimized reactor designs, is enhancing the performance of FGD systems. These advancements are making FGD solutions more adaptable to various industrial applications and reducing operational costs.

Regionally, North America and Europe are leading in FGD system adoption due to their stringent environmental regulations and significant industrial bases. However, the Asia-Pacific region is emerging as a key growth area due to rapid industrialization, urbanization, and increased power generation activities. As countries in this region implement more rigorous environmental policies, the demand for FGD systems is expected to rise significantly, driving further market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Installation Type
    3. Market Snapshot, By Region
  4. Global Flue Gas Desulfurization Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Regulations
        2. Industrialization
        3. Technological Advancements
      2. Restraints
        1. High Costs
        2. Maintenance Complexity
        3. Alternative Technologies
      3. Opportunities
        1. Emerging Markets
        2. Advanced Technologies
        3. Carbon Emission Reduction
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Flue Gas Desulfurization Market, By Product Type, 2021 - 2031 (USD Million)
      1. Wet FGD Systems
      2. Dry & Semi-Dry FGD Systems
    2. Global Flue Gas Desulfurization Market, By Installation Type, 2021 - 2031 (USD Million)
      1. New Systems
      2. Components, Repairs, & Consumables
    3. Global Flue Gas Desulfurization Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. General Electric
      2. Babcock & Wilcox Company
      3. Babcock & Wilcox Company
      4. Chiyoda Corporation
      5. Mitsubishi Hitachi Power Systems
      6. Thermax
      7. Fujian Longking Co., Ltd.
      8. Wuhan Kaidi Electric Power Environmental Co., Ltd.
      9. Doosan Lentjes
      10. Rafako S.A.
  7. Analyst Views
  8. Future Outlook of the Market