Market Research Reports

FGD Market for new FGD Systems (Wet and Dry FGD systems), Reagents and Replacement Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019

76pages
Published Date: 2013-11-01
 

Description




Power plants utilizing fossil fuel such as coal emit sulfur dioxide with the flue gas, cause harmful environmental effects such as acid rain. To remove sulfur dioxide from the flue gas, flue gas desulfurization (FGD) systems are extensively used and with the introduction of new stringent government policies and regulations, companies are going for FGD systems to reduce harmful gaseous substances such as SO2 emission.

This research study analyzes the market size of FGD, in terms of revenue. The FGD market has been segmented on the basis of technology, application, and geography, in order to provide a holistic picture of the market. Market data for all segments has been provided on a regional level for the period 2012 to 2019. A comprehensive competitive landscape including company market share analysis has also been provided in this report.

Key technologies analyzed in the report include wet and dry FGD systems. FGD application market segments estimated in this study include new FGD systems, reagents (lime, limestone and sea water) and replacement market (FGD equipment and components). Regional data has been provided for North America, Europe, Asia Pacific, and Rest of the World (RoW). It also provides detailed analysis, historical data, and statistically refined forecast for the segments covered. 

This report also includes Porter’s five forces model analysis, value chain analysis, and market attractiveness analysis by technology. Some of the key market participants that deal in FGD market include Alstom, Siemens Energy, Babcock & Wilcox, Hamon RC, Thermax, Ducon Technologies, Mitsubishi Heavy Industries (MHI), and Marsulex Environmental Technologies (MET). The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.

The research provides detailed analysis of companies dealing FGD, trend analysis and demand forecast by geography. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the FGD market as below:
  • Flue Gas Desulfurization Market: Application Analysis
    • New Flue Gas Desulfurization Systems
    • Reagents and Replacement market
  • New Flue Gas Desulfurization Systems Market: Technology Analysis
    • Wet FGD systems
    • Dry FGD systems
  • Flue Gas Desulfurization Market: Regional Analysis
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (Middle East, Africa and Brazil)

Table of Contents




Table of Content

Chapter 1 Preface
1.1 Research scope
1.2 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Flue Gas Desulfurization: Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market Drivers
      3.3.1 Stringent environmental regulations
      3.3.2 Rising electricity demand and growing environmental concerns, augmenting product demand
3.4 Market Restraints
      3.4.1 High cost coupled with paradigm shift towards renewable energy
3.5 Market Opportunities
      3.5.1 Advanced wet and dry FGD (AFGD) systems
3.6 Porter’s Five Forces Analysis
      3.6.1 Bargaining Power of Suppliers
      3.6.2 Bargaining Power of Buyers
      3.6.3 Threat of Substitutes
      3.6.4 Threat of New Entrants
      3.6.5 Degree of Competition
3.7 Market attractiveness analysis of FGD market by technology, 2012
3.8 Company market share analysis, 2012

Chapter 4 Flue Gas Desulfurization Market – Application Analysis
4.1 Global Flue Gas Desulfurization Market: Application Overview
      4.1.1 Global flue gas desulfurization market, revenue share by application, 2012 and 2019
4.2 New FGD Systems
      4.2.1 Global New FGD Systems market estimates and forecast, 2012– 2019 (USD Million)
4.3 Reagents and Replacement
      4.3.1 Global FGD Reagents and Replacement, market estimates and forecast, 2012– 2019 (USD Million)

Chapter 5 Flue Gas Desulfurization Market – Technology Analysis
5.1 Flue Gas Desulfurization Market: Technology Overview
      5.1.1 Global flue gas desulfurization market, revenue share, by technology, 2012 and 2019
5.2 Wet FGD Systems
      5.2.1 Global Wet FGD systems installation, market estimates and forecast, 2012– 2019 (USD Million)
5.3 Dry FGD Systems
      5.3.1 Global Dry FGD Systems market estimates and forecast, 2012– 2019 (USD Million)

Chapter 6 Global FGD Market – Regional Analysis
6.1 Global FGD Market: Regional overview
      6.1.1 Global FGD market, revenue share by geography, 2012 & 2019
6.2 North America
      6.2.1 North America FGD market estimates and forecast, 2012 – 2019 (USD Million)
      6.2.2 North America FGD systems market estimate and forecast, by technology segment, 2012 – 2019, (USD Million)
      6.2.3 North America FGD systems market estimate and forecast, by application segment, 2012 – 2019, (USD Million)
6.3 Europe
      6.3.1 Europe FGD market estimates and forecast, 2012 – 2019 (USD Million)
      6.3.2 Europe FGD systems market estimate and forecast, by technology segment, 2012 – 2019, (USD Million)
      6.3.3 Europe FGD market estimate and forecast, by application segment, 2012 – 2019, (USD Million)
6.4 Asia Pacific
      6.4.1 Asia Pacific FGD market estimates and forecast, 2012 – 2019 (USD Million)
      6.4.2 Asia Pacific FGD systems market estimate and forecast, by technology segment, 2012 – 2019, (USD Million)
      6.4.3 Asia Pacific FGD market estimate and forecast, by application segment, 2012 – 2019, (USD Million)
6.5 RoW (Rest of the World)
      6.5.1 RoW FGD market estimates and forecast, 2012 – 2019 (USD Million)
      6.5.2 RoW FGD systems market estimate and forecast, by technology segment, 2012 – 2019, (USD Million)
      6.5.3 RoW FGD market estimate and forecast, by application segment, 2012 – 2019, (USD Million)

Chapter 7 Company Profiles
7.1 Alstom SA
      7.1.1 Company overview
      7.1.2 Product portfolio
      7.1.3 Business strategy
      7.1.4 SWOT analysis
      7.1.5 Recent developments
7.2 Babcock and Wilcox Company
      7.2.1 Company overview
      7.2.2 Product portfolio
      7.2.3 Business strategies
      7.2.4 SWOT analysis
      7.2.5 Recent developments
7.3 China Boqi
      7.3.1 Company overview
      7.3.2 Product portfolio
      7.3.3 Business strategy
      7.3.4 SWOT analysis
      7.3.5 Recent developments
7.4 Chiyoda Corporation
      7.4.1 Company overview
      7.4.2 Product portfolio
      7.4.3 Business strategy
      7.4.4 SWOT analysis
      7.4.5 Recent developments
7.5 Ducon Technologies Inc.
      7.5.1 Company overview
      7.5.2 SWOT analysis
      7.5.3 Product portfolio
      7.5.4 Business strategy
      7.5.5 Recent developments
7.6 Hamon Research-Cottrell
      7.6.1 Company Overview
      7.6.2 Financial overview
      7.6.3 SWOT analysis
      7.6.4 Product Portfolio
      7.6.5 Business strategies.
      7.6.6 Recent developments
7.7 Hitachi Power System America Ltd.
      7.7.1 Company overview
      7.7.2 Product portfolio
      7.7.3 Business strategies
      7.7.4 SWOT analysis
      7.7.5 Recent developments
7.8 Lonjing Environment Technology Co. Ltd
      7.8.1 Company overview
      7.8.2 SWOT analysis
      7.8.3 Product portfolio
      7.8.4 Business strategy
      7.8.5 Recent developments
7.9 Marsulex Environmental Technologies
      7.9.1 Company Overview
      7.9.2 SWOT analysis
      7.9.3 Products portfolio
      7.9.4 Business strategies
      7.9.5 Recent developments
7.10 Mitsubishi Heavy Industries, Ltd.
      7.10.1 Company overview
      7.10.2 Product portfolio
      7.10.3 Business strategies
      7.10.4 SWOT analysis
      7.10.5 Recent developments
7.11 Siemens Energy
      7.11.1 Company Overview
      7.11.2 Financial Overview
      7.11.3 Product Portfolio
      7.11.4 Business strategy
      7.11.5 SWOT analysis
      7.11.6 Recent developments
7.12 Thermax
      7.12.1 Company overview
      7.12.2 Financial overview
      7.12.3 Products
      7.12.4 SWOT analysis
      7.12.5 Business strategy

List of Figures 

FIG. 1 Global Flue Gas Desulfurization market, 2012 – 2019 (USD Million)
FIG. 2 Value chain analysis of FGD system
FIG. 3 Global SO2 emissions (Million Tons) , 2005 – 2020
FIG. 4 Global electricity consumption (TWh), 2010– 2019
FIG. 5 Global coal consumption (Million Tons), 2009– 2019
FIG. 6 FGD market: Porter’s five force analysis
FIG. 7 Market attractiveness analysis of  FGD market by technology , 2012
FIG. 8 FGD market: Company market share analysis, 2012
FIG. 9 Global flue gas desulfurization market, revenue share by application, 2012 and 2019
FIG. 10 Global demand for New FGD Systems, 2012 - 2019 (USD Million)
FIG. 11 Global demand for FGD Reagents and Replacement, 2012 - 2019 (USD Million)
FIG. 12 Global flue gas desulfurization market, revenue share by technology, 2012 and 2019
FIG. 13 Global demand for Wet FGD systems installation market, 2012 - 2019 (USD Million)
FIG. 14 Global demand for Dry FGD Systems market, 2012 - 2019 (USD Million)
FIG. 15 Global FGD market, revenue share by geography, 2012 & 2019
FIG. 16 North America FGD market revenue, 2012 – 2019 (USD Million)
FIG. 17 Europe FGD market revenue, 2012 – 2019 (USD Million)
FIG. 18 Asia Pacific FGD market revenue, 2012 – 2019 (USD Million)
FIG. 19 RoW FGD market revenue, 2012 – 2019 (USD Million)

List of Tables

TABLE 1 Global flue gas desulfurization systems market snapshot
TABLE 2 FGD systems market drivers: Impact analysis
TABLE 3 FGD systems market restraints: Impact analysis
TABLE 4 North America FGD systems market revenue and forecast, by technology segment, 2012 - 2019 (USD Million)
TABLE 5 North America FGD market revenue and forecast, by application segment, 2012 - 2019 (USD Million)
TABLE 6 Europe FGD systems market revenue and forecast, by technology segment, 2012 - 2019 (USD Million)
TABLE 7 Europe FGD market revenue and forecast, by application segment, 2012 - 2019 (USD Million)
TABLE 8 Asia Pacific FGD systems market revenue and forecast, by technology segment, 2012 - 2019 (USD Million)
TABLE 9 Asia Pacific FGD market revenue and forecast, by application segment, 2012 - 2019 (USD Million)
TABLE 10 RoW FGD systems market revenue and forecast, by technology segment, 2012 - 2019 (USD Million)
TABLE 11 RoW FGD systems market revenue and forecast, by application segment, 2012 - 2019 (USD Million)

Enquiry Before Buying




Free Market Analysis




FGD systems are utilized to extract harmful sulfur dioxide emissions from the flue gas. Flue gas desulfurization assists in lowering SO2 and greenhouse gas emissions. Wet FGD and dry FGD systems are key technologies in the market. Wet FGD systems are high priced as compared to dry FGD systems but have low maintenance and operating cost. Rising stringent environmental regulations and growing global energy demand is expected to drive the market over the coming years. High installation and waste disposal costs are few key challenges faced by the FGD manufacturers. Emergent markets including China, India, and Brazil are some of the key regions that are paving the way for the market growth. The rising regulatory stiffness in these regions is expected to open new market opportunities for the market players in the region. 

Wet and dry FGD systems are two types of FGD systems installed worldwide. Wet FGD systems find applications in coal-fired plants with capacity larger than 300 MW while dry FGD systems perform efficiently in plant lower than 300 MW. Wet FGD systems capture the majority of the market and expected to maintain its dominance in coming years.

Chinese FGD market is expected to grow due to rising thermal power generation that is likely to fuel the FGD systems demand in Asia Pacific region. The market comprises of key application segments including new systems and replacement and reagents market. With the increasing number of FGD systems, the demand for reagents to run FGD systems has increased. The market for FGD equipment and components has also increased significantly for replacing old FGD components. 

Asia Pacific dominated the market in 2012 and accounted for over 55% of the global annual revenue. The inception of FGD technology began in North America and Europe back in the 1960’s hence the market for replacement and reagents application is expected to grow in the region. Asia Pacific is confronted with implementation of impending regulations continuously over the past couple of years; hence several manufacturers (especially coal fired industries) are opting for the retrofitted FGD systems. The U.S. is estimated to dominate the FGD market in North America due to the enactment of numerous regulations including U.S. ARP (Acid Rain Program). Canada is estimated to be the second dominant region in North America. Implementation of EU NEC (European Union National Emission Ceilings) in Europe helped in reducing the SO2 levels in the atmosphere. EU NEC recently in 2011 revised the ceiling level for sulfur dioxide with a view to reducing harmful emissions and assist in reducing global warming. 

The FGD systems market is mainly concentrated, with few leading players holding majority of the market share. Some of the leading players such as Alstom, Mitsubishi Heavy Industries (MHI), Babcock and Wilcox have sustained their positions by expanding globally and providing turnkey integrated solutions to their consumers. Alstom was the largest manufacturer in 2012 and accounted for over 20% of the market share by annual revenue and installed capacity. MHI and Babcock and Wilcox were the next largest companies in the market, together, accounting for over 30% of the market share in 2012. The other key players in the FGD market include Thermax, Hamon, Siemens, and China BoQi. MHI is one of the renowned companies that continuously focuses on new product development strategy. As a result new advanced FGD system is one of the outcomes of their continuous innovations over the years. AFGD system has an increased efficiency of 99.5%.

global-flue-gas-desulfurization-market-revenue-share-by-application-2012-and-2019
 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research