- The key vendors in the Global Flue Gas Desulfurizer Market 2014-2018 are Alstom S.A., General Electric Co., Mitsubishi Heavy Industries Ltd., Siemens AG and The Babcock & Wilcox Company (B&W).
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Flue Gas Desulfurizer Market 2014-2018. The emergence of new technologies is a major trend in the Global FGD market. The need for improved efficiency, enhanced reliability, and reduced power consumption has triggered the need for new types of desulfurizer equipment as well as systems.
FGD is a system for removing SO2 from flue gas, which is produced as an exhaust from waste incineration plants, power plants (fueled by fossil fuels such as coal or oil), and chemical plants. Various methods are used for achieving this process.
“The Global FGD market is expected to grow led by the increased demand for FGD systems from around the globe,” says Faisal Ghaus, Vice President of TechNavio Research.
“The APAC region will be the major driver for the growth of the market during the forecast period because of the increased investment in coal-fired power plants in India and China.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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