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Flue Gas Treatment Systems Market by Pollutant Control System, Business Type, End-Use Industry And Region - Global Forecasts to 2022

Flue Gas Treatment Systems Market: Global Forecasts until 2022

  • March 2018
  • 145 pages
  • ID: 5353732
In this report:
According to the Organisation for Economic Co-operation and Development (OECD), China and India are expected to witness an increase in annual energy consumption of ##.##% from 2012 to ##.##% by 2040.
The electricity demand in the country is expected to grow at around ##% per year, which indicates electricity requirement of ##,## GWh by 2020.

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The flue gas treatment systems market is estimated to rise at a compound annual growth rate of 5.30 percent between 2017 and 2022.

The flue gas treatment systems market is forecasted to grow from ~$53.3B in 2017 to ~$69.1B by 2022, at a compound annual growth rate of 5.30 percent between 2017 and 2022. Formulation and stringent implementation of several environmental regulations to minimize harmful emissions from distinct sectors are forecast to steer the increase of the flue gas treatment systems market across the world during the estimate period.

Additionally, the increasing cement sector across the world is also anticipated to propel the sector demand for flue gas treatment systems between 2017 and 2022. The lack of product knowledge among small manufacturers is a main challenge for the increase ot the flue gas treatment systems market.

Among pollutant control systems, the particulate control segment is estimated to result the flue gas treatment systems market in 2017.

The particulate control segment is estimated to result the flue gas treatment systems market in 2017. The increase of this segment of the sector can be accredited to the growing use of electrostatic precipitators and filter bags in a number of industries including power, cement, iron & steel, non-ferrous metal, and chemical & petrochemical, among others to minimize the amount of pollutants including fly ash and acidic gases generated from these markets. With quick industrialization, especially in emerging economies, the market demand for these particulate control systems is continuously rising

The Asia Pacific flue gas treatment systems market is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period.

The Asia Pacific flue gas treatment systems market is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022. The increasing number of coal-based power plants and flourishing chemical & petrochemical market in the territory are fueling the rise of the Asia Pacific flue gas treatment systems market.

Furthermore, ongoing urbanization in the area has also led to increased requirement for constructing new infrastructures in the territory, which, in turn, has rised the industry demand for cement in the Asia Pacific area. This increasing demand for cement has led to growth in its production, thereby leading to the increase of the Asia Pacific flue gas treatment systems market.

Moreover, growing number of manufacturing sectors in the Asia Pacific area, availability of cheap labor, and rised foreign investments are also fueling the rise of the Asia Pacific flue gas treatment systems market. The emergence of coal-based power plants in different countries including China, Japan (JP), and India (IN) is also anticipated to drive the increase of the Asia Pacific flue gas treatment systems market during the outlook.

The industry sizes estimated in this analysis have been validated through primary Q&A managed with different market experts, globally. Those primary sources have been sliced into three class:

• By Company category: Tier I - 25.0 percent, Tier II - 50.0 percent, and Tier III - 25.0 percent

• By Description: C-suite - 20.0 percent, D-suite - 30.0 percent, and Others - 50.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 25.0 percent, South America region - 15.0 percent, and the Middle East (ME) & African continent - 10.0 percent

The report profiles different leading actors of the flue gas treatment systems market that contain General Electric, Babcock & Wilcox Enterprises, Incorporated

, Doosan Lentjes, Mitsubishi Hitachi Power Systems, Ltd., FLSmidth, and Thermax Limited. The analysis also comprises in-depth information about different increase strategies approved by these top actors to enhance their level in the flue gas treatment systems market.

RESEARCH COVERAGE

The objective of this study is to define, describe, and forecast the flue gas treatment systems market established on several segmentations and strategically analyze these market segments with respect to individual developments trends, future increase prospects, and contribution to the global flue gas treatment systems market. In this business report, the flue gas treatment systems market has been divided on the basis of business type, pollutant control system, end-use sector, and area.

REASONS TO BUY THE REPORT

The market research is expected to benefit industry top players/new sector entrants in the flue gas treatment systems market in these ways:

1. This report comprehensively segments the flue gas treatment systems market and offers the best approximations for the sizes of various segments and subsegments of the market across several verticals and localities.

2. This industry report is expected to benefit partners in obtaining an improved understanding of their competitors and obtain business insights about their businesses. The competitive outlook section includes exhaustive information about acquisitions, business developments, and contracts & strategic agreements that have been undertaken by different main actors to improve their rank in the flue gas treatment systems market.

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