Key players in the North American Flue Gas Desulphurization (FGD) Market include Babcock & Wilcox Company, Alstom SA, Advatech LLC.
(PRWEB) February 27, 2015
The North American flue gas desulphurization (FGD) market is estimated to grow at a CAGR of 4.5% during the forecast period of 2014 to 2019.
Browse through the TOC of North American Flue Gas Desulphurization (FGD) Market for an analysis of industry trends, segments & forecasts.
The burning of fossil fuel results in emission of flue gases, which mainly consist of nitrogen oxides, sulfur oxides, and particulate matter, among others. Sulphur dioxide is dangerous to human health and environment into, when it is released. Thus, to reduce environmental degradation and human health concerns, the regulation of air pollution has become mandatory across all regions worldwide, especially North America.
Ask for discount @ http://www.micromarketmonitor.com/contact/6655372270-ask_for_discount.html
The increasing environmental concerns have led to stringent air pollution control regulations, which is a major driver for the growth of the flue gas desulphurization market. Moreover, marketable byproducts and increasing industrialization are also driving the growth of flue gas desulphurization market in North America.
Speak to analyst @ http://www.micromarketmonitor.com/contact/6655372270-speak_to_analyst.html
The U.S. is the largest contributor to the North America flue gas desulphurization market owing to the stringent government regulations in the country regarding the treatment of flue gases. The growing energy demand is fueling the energy production in the region, and hence burning of fossil fuels is on the rise, thereby resulting in emission of air pollutants containing flue gas.
Among the types of FGD, the wet FGD is preferred over dry FGD due to the higher efficiency of wet FGD in the treatment of sulphur dioxide. The wet FGD segment accounted for a share of over 85.0% of the North America market in 2013. However, the dry FGD market segment is projected to grow at a faster CAGR than the wet FGD segment in the coming years, due to its lower installation costs than wet FGD.
Global FGD Market
The flue gas desulphurization (FGD) plant removes sulphur oxides (SOX) from the flue gas before it is released into the atmosphere. This reduces the impact on environment. The coal-fired power plant tends to have high sulphur content so burning it causes sulphur dioxide to be released. The FGD technology removes this from emissions. The term flue gas desulphurization has traditionally referred to wet scrubbers that remove sulphur dioxide (SO2) emissions from large electric utility boilers (mainly coal combustion).
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Power & Energy industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Power & Energy industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.