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EUROPE FLUE GAS DESULFURIZATION MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Europe Flue Gas Desulfurization Market by Technology (Wet FGD Systems, Spray Dry FGD Systems, Dry FGD Systems) Market by Application (Power Generation, Chemical, Iron & Steel, Cement Manufacturing, Other Applications) by Geography


MARKET OVERVIEW

The Europe flue gas desulfurization market is set to register a CAGR of 4.12% during the forecast period, 2023-2032, and is expected to reach a revenue of $5195.68 million by 2032.

The flue gas desulfurization market growth in Europe is accredited to increased demands due to the region’s continuous reliance on fossil fuels for energy. Also, the European Union (EU) has established goals to minimize greenhouse gas emissions, highlighting the importance of moving toward cleaner and more sustainable energy sources.

However, the Europe flue gas desulfurization market growth is hampered by energy-efficiency measures and renewable energy sources being viewed as viable alternatives to fossil fuel-based power generation, which could go against FGD technologies in terms of investments.

Europe Flue Gas Desulfurization Market

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The Europe flue gas desulfurization market growth evaluation includes the analysis of France, Italy, Spain, the United Kingdom, Germany, and Rest of Europe. In 2021, there was a notable reduction in sulfur dioxide (SO2) emissions by 5%, reaching the lowest levels ever recorded. This development carries significant implications for the flue gas desulfurization (FGD) market in the United Kingdom. It signifies a positive trend towards achieving lower emissions and meeting environmental goals. According to statistics from the UK government, emissions were recorded at 125.6 thousand tons in 2021, well below the annual limit of 321.9 thousand tons set for the years 2020 to 2029. This demonstrates the effectiveness of ongoing efforts and strategies to reduce SO2 emissions.

Accordingly, the decline in SO2 emissions for the FGD market suggests a potential reduced demand for immediate, stringent SO2 mitigation measures like FGD systems. However, the long-term impact involves a dynamic interplay between decreased emissions, evolving environmental regulations, and the need for ongoing sustainable practices.

Furthermore, Italy’s dedication to addressing climate change is propelling the uptake of cleaner energy alternatives. FGD technology plays a role in achieving this goal by reducing greenhouse gas emissions from coal-fired power plants, thus aiding the country’s sustainability objectives. While Italy is transitioning towards renewable energy sources, coal-fired power plants remain a component of its energy portfolio. The installation of FGD systems can enhance the efficiency and environmental performance of these facilities during the transition phase.

The Europe flue gas desulfurization market segmentation includes technology and application. The technology segment includes spray dry FGD systems, dry FGD systems, and wet FGD systems.

The predominant technology employed for mitigating SO2 emissions is Wet Flue Gas Desulfurization (WFGD). Enhancements, such as the incorporation of sieve trays in a spray scrubber, have the potential to augment the removal efficiency of this technology. Since 2014, power plants utilizing WFGD systems along with sieve-tray spray scrubbers have exceeded a cumulative capacity of 100 GW. While previous research on WFGD systems has primarily concentrated on sieve tray desulfurization efficiency, desulfurization mechanisms, and mass transfer models, there has been a dearth of studies examining the dust removal capabilities of the WFGD system.

 Wet Flue Gas Desulfurization (WFGD) systems, also known as wet scrubbing, typically employ an alkaline-based lime slurry to cleanse gases. This involves spraying a lime slurry into a flue gas scrubber, where SO2 is absorbed into the spray, resulting in the formation of wet calcium sulfite.

Some of the eminent firms in the Europe flue gas desulfurization market are Ducon Technologies Inc, Babcock & Wilcox Enterprise Inc, Andritz AG, etc.

Andritz AG (ANDRITZ) offers a comprehensive product portfolio for special industries globally. It supplies plants, services, and equipment for steel, metalworking, paper, and pulp industries and hydropower stations. Also, it provides technologies for sectors like automation, machinery for plastic and non-woven films, biomass boilers & gasification plants for energy generation, thermal sludge utilization, flue gas cleaning plants, etc. The company is headquartered in Graz, Austria, and operates across the Americas, Asia, and Europe.

The company’s dry flue gas cleaning systems comply with the global stringent emission legislation, the need for minimal residues, the desire for low consumption of additives, and the installation simplicity of a compact design.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($Million)
Segments Analyzed
Technology and Application
Countries AnalyzedFrance, Italy, Spain, the United Kingdom, Germany, and Rest of Europe
Companies AnalyzedAndritz AG, Babcock & Wilcox Enterprise Inc, Chiyoda Corporation, Doosan Lentjes GmbH, Ducon Technologies Inc, FLSmidth A/S, Fujian Longking Co Ltd, General Electric Company, Hamon Group, John Wood Group plc, Kawasaki Heavy Industries Ltd, Marsulex Environmental Technologies, Mitsubishi Hitachi Power Systems Ltd, RAFAKO SA, Thermax Ltd

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON FLUE GAS DESULFURIZATION MARKET
    5. MAJOR MARKET FINDINGS
      1. POWER PLANTS ARE EXPANDING TO MEET SOARING ENERGY DEMANDS
      2. GYPSUM AS A BY-PRODUCT IN THE WET FGD PROCESS ENHANCES ITS APPEAL
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. ADVERSE ENVIRONMENTAL AND HEALTH EFFECTS OF SULFUR DIOXIDE EMISSIONS
      2. IMPLEMENTATION OF STRINGENT REGULATIONS TO CURB SULFUR DIOXIDE EMISSIONS
      3. RISING PUBLIC HEALTH CONCERNS DUE TO THE PREVALENCE OF AIRBORNE DISEASES
    2. KEY RESTRAINTS
      1. SLOWDOWN OF INDUSTRIAL SECTOR AFFECTS INVESTMENT CAPABILITIES 
      2. RISING SHARE OF RENEWABLES IN POWER GENERATION CAPACITY
      3. HIGH IMPLEMENTATION AND OPERATION COSTS CAN DETER SMALL OPERATORS FROM ADOPTING FGD SYSTEMS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. GROWING EMPHASIS ON DEVELOPING ADVANCED FGD TECHNOLOGIES
      2. RISING DEMAND FOR FLUE GAS DESULFURIZATION GYPSUM FOR SOIL AMENDMENT APPLICATIONS
      3. USE OF IOT AND DATA ANALYTICS TO MONITOR, CONTROL, AND OPTIMIZE FGD PROCESSES IN REAL TIME
      4. INCREASING CUSTOMIZED FGD SOLUTIONS TO SUIT SPECIFIC INDUSTRIES AND APPLICATIONS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR ITALY
    4. KEY BUYING CRITERIA
      1. FLUE GAS TYPE
      2. OPERATING COST STRUCTURE
      3. TYPE OF FUEL
      4. SULFUR CONTENT
  5. MARKET BY TECHNOLOGY
    1. WET FGD SYSTEMS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. SPRAY DRY FGD SYSTEMS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. DRY FGD SYSTEMS
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
  6. MARKET BY APPLICATION
    1. POWER GENERATION
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
    2. CHEMICAL
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
    3. IRON & STEEL
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
    4. CEMENT MANUFACTURING
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
    5. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENTATION ANALYSIS
  7. GEOGRAPHICAL ANALYSIS
    1. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE FLUE GAS DESULFURIZATION MARKET DRIVERS
      3. EUROPE FLUE GAS DESULFURIZATION MARKET CHALLENGES
      4. EUROPE FLUE GAS DESULFURIZATION MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS IN EUROPE FLUE GAS DESULFURIZATION MARKET
      6. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
        6. REST OF EUROPE
          1. REST OF EUROPE FLUE GAS DESULFURIZATION MARKET SIZE & OPPORTUNITIES
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ANDRITZ AG
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. BABCOCK & WILCOX ENTERPRISES INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. CHIYODA CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      4. DOOSAN LENTJES GMBH
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      5. DUCON TECHNOLOGIES INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      6. FLSMIDTH A/S
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      7. FUJIAN LONGKING CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      8. GENERAL ELECTRIC COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      9. HAMON GROUP
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      10. JOHN WOOD GROUP PLC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      11. KAWASAKI HEAVY INDUSTRIES LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      12. MARSULEX ENVIRONMENTAL TECHNOLOGIES
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      13. MITSUBISHI HITACHI POWER SYSTEMS LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      14. RAFAKO SA
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      15. THERMAX LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & WEAKNESSES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – FLUE GAS DESULFURIZATION

TABLE 2: EUROPE FLUE GAS DESULFURIZATION MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: EUROPE FLUE GAS DESULFURIZATION MARKET, BY TECHNOLOGY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 4: EUROPE FLUE GAS DESULFURIZATION MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: EUROPE FLUE GAS DESULFURIZATION MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 6: EUROPE FLUE GAS DESULFURIZATION MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: EUROPE FLUE GAS DESULFURIZATION MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 8: EUROPE FLUE GAS DESULFURIZATION MARKET REGULATORY FRAMEWORK

TABLE 9: KEY PLAYERS OPERATING IN EUROPE FLUE GAS DESULFURIZATION MARKET

TABLE 10: LIST OF MERGERS & ACQUISITIONS

TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR ITALY

FIGURE 4: KEY BUYING CRITERIA

FIGURE 5: EUROPE FLUE GAS DESULFURIZATION MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2022

FIGURE 6: EUROPE FLUE GAS DESULFURIZATION MARKET, BY WET FGD SYSTEMS, 2023-2032 (IN $ MILLION)

FIGURE 7: EUROPE FLUE GAS DESULFURIZATION MARKET, BY SPRAY DRY FGD SYSTEMS, 2023-2032 (IN $ MILLION)

FIGURE 8: EUROPE FLUE GAS DESULFURIZATION MARKET, BY DRY FGD SYSTEMS, 2023-2032 (IN $ MILLION)

FIGURE 9: EUROPE FLUE GAS DESULFURIZATION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 10: EUROPE FLUE GAS DESULFURIZATION MARKET, BY POWER GENERATION, 2023-2032 (IN $ MILLION)

FIGURE 11: EUROPE FLUE GAS DESULFURIZATION MARKET, BY CHEMICAL, 2023-2032 (IN $ MILLION)

FIGURE 12: EUROPE FLUE GAS DESULFURIZATION MARKET, BY IRON & STEEL, 2023-2032 (IN $ MILLION)

FIGURE 13: EUROPE FLUE GAS DESULFURIZATION MARKET, BY CEMENT MANUFACTURING, 2023-2032 (IN $ MILLION)

FIGURE 14: EUROPE FLUE GAS DESULFURIZATION MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)

FIGURE 15: EUROPE FLUE GAS DESULFURIZATION MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 16: UNITED KINGDOM FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

FIGURE 17: GERMANY FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

FIGURE 18: FRANCE FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

FIGURE 19: ITALY FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

FIGURE 20: SPAIN FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

FIGURE 21: REST OF EUROPE FLUE GAS DESULFURIZATION MARKET, 2023-2032 (IN $ MILLION)

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