Key players in the Asia Pacific Flue Gas Desulphurization (FGD) Market include Alstom SA (Levallois-Perret, France), Marsulex Environmental Technologies (Pennsylvania (U.S.), China Environment Ltd. (Long Yan City, Fujian Province), Thermax (Pune, India)
(PRWEB) March 17, 2015
The Asia-Pacific Flue gas desulphurization (FGD) market was valued at $9,173.1 million in 2014, and is expected to reach $12,600.8 million by 2019, at a CAGR of 6.6% from 2014 to 2019.
Browse through the TOC of Asia Pacific Flue Gas Desulphurization (FGD) Market for an analysis of industry trends and segments, with the help of various tables and figures.
The growth of Asia-Pacific Flue gas desulphurization (FGD) market is attributed to the rising air pollution control regulations. Air pollution control regulations are becoming more inflexible in the developing economies. Rising energy demands are leading to harmful industrial emissions.
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Stringent emissions standards have been placed by the government to regulate sulfur oxide emissions with an effort to limit pollution created by industries. Despite this, the high capital expenditures to install FGD adversely affect the Asia-Pacific market for flue gas desulphurization (FGD). In 2014, 83.8% of the Asia-Pacific Flue gas desulphurization (FGD) market was held by China. India is expected to be the fastest growing region for the period 2014-2019.
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The five prominent industries in this report include power generation, chemical, cement manufacturing, iron and steel. The market has been analyzed in terms of major countries in the Asia-Pacific market, such as China, India, Japan, South Korea, Australia and others. The types of FGD systems are wet and dry FGD.
North America Flue Gas Desulphurization Market
The North American Flue Gas Desulphurization (FGD) market was valued at $2,312.0 million in 2013 and is forecast to reach $3,018.0 million by 2019, at a CAGR of 4.5% from 2014 to 2019. The growing energy demand has led to increased power generation in North America. Most of the power plants are coal fired power plants in which high sulphur content coals are used.
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