Flue Gas Desulfurization material is a product of a process typically utilized for minimizing SO2 emissions from the consumed gas system of a coal-fired boiler. According to BlueQuark Research & Consulting, the Global Flue Gas Desulfurization System Market is expected to witness a significant growth rate during the forecasted period. Factors such as implementing stringent air quality standards to reduce SOx emission levels are anticipated to drive the Flue Gas Desulfurization System Market growth in the forecasted period. Further, the increasing electricity demand, along with the essential investments in thermal power plants across the globe, is driving the development of the Flue Gas Desulfurization System market in the forecasted period. Furthermore, the escalating demand for FGD gypsum in the agriculture sector for enhancing soil physicochemical characteristics, controlling soil and nutrient loss, supplementing trace elements for soil, and growing crop yield is improving the growth of the FGD Systems market in the forecasted period. However, high maintenance costs due to the presence of different reagents to treat the emission of sulfur content are a key market challenge.

Flue Gas Desulfurization (FGD) is a technology utilized to remove sulphur dioxide from exhaust flue gases in sulfur oxides emitting processes such as coal-fired boilers, paper, and pulp plants, diesel generators, oil-fired boilers, and waste incinerators.

Flue gas desulfurization systems are mainly utilized for extracting hazardous sulfur dioxide emissions from the flue gas. The FGD systems assist in cutting down the levels of SO2 and other greenhouse gas emissions. Dry Flue gas desulfurization and wet Flue gas desulfurization have emerged as key technologies in the global market. Generally, wet FGD systems are priced higher than dry FGD systems. However, they have lower operating costs and lower maintenance expenses. It relies on absorbents to erase the sulfur dioxide from the flue gas produced by burning coal, oil, natural gas, or wood. It helps decrease air pollution by purifying gases produced during various industrial processes, such as manufacturing cement, paper, iron, steel, glass, and copper. It also assists in preventing acid rain, which is caused by the excessive level of sulfur dioxide (SO2) and nitrogen oxides (NOX) in the air. Removing SO2 in the flue gas is achieved in either a wet or a dry process. This system is utilized in various industries worldwide to regulate SO2 due to it being a significant contributor to acid rain. Wet flue-gas desulfurization system contains chemical absorption towers, spray towers, and venture rod absorbers, while dry flue-gas desulfurization systems include a spray dryer and a baghouse filter. Tons of Flue Gas Desulfurization materials are produced annually around the globe, about half of which are helpful. The rising demand for power on account of swift urbanization and the global dependence on coal for energy generation represents one of the key factors catalyzing the need for FGD across the globe. In addition, there is a surge in the utilization of FGD gypsum in water treatment, panel products, construction, cement production, agriculture, and glassmaking applications.

Asia Pacific flue gas desulfurization system market observed a high CAGR in the global market. The rapidly widening energy need, industrialization, and awareness about limiting air pollution are essential drivers of the rising demand for flue gas desulfurization in Asia. The Asia Pacific nation's chemical sector is widening rapidly, which is anticipated to propel the expansion of the FGD market over the forecasted period. The Asia-Pacific region's market growth can also be assigned to the expanding cement production and metal smelting industries. The growing public awareness about the outcome of rising air pollution on health represents one of the key factors propelling the market. In addition, governments of different countries are promoting using FGD systems to maintain air quality standards, contributing to the market's growth. Besides this, key market players are broadly investing in research and development activities to establish advanced limestone FGD units that are cost-effective solutions for eliminating sulfur dioxide and dust. In line with this, they are developing enhanced technologies, such as novel integrated desulfurization (NID) and circulating dry scrubbers, to remove maximum sulfur dioxide from flue gas, which is positively influencing the market. Due to the increasing demand for electricity among developing economies and the government regulations aimed at minimizing air pollution, there is a surged demand for the power industry across the globe. Using high-sulfur coals in power plants is the primary source of sulfur pollution. As a result, power generation leads to other end-use industries due to surged power generation in the market. Regulatory demands for emissions at power plants that utilize additional air emission controls can also affect the properties of the high-volume CCPs. Mercury, sulfur trioxide, nitrous oxides, and hydrochloric acid are some contaminants controlled in the power generation sectors. It is also used as a soil amendment in several conditions to improve physical and chemical properties by promoting superior aggregation, rising water infiltration rate, and decreasing soil and soluble phosphorus loss from agricultural fields. The usage of high sulfur concentration coals in coal-fired power plants is the most significant source of sulfur pollution. As a result, more remarkable power generation is the cause for the power-generating segment's dominance over other end-use industries.

The market's key players are Alstom S.A ., Babcock & Wilcox Enterprises Inc ., Andritz AG, Chiyoda Corporation, and Doosan Lentjes.

In February 2020, Mitsubishi Hitachi Power Systems got a 12-year maintenance service extension for the BLCP power station in Thailand. This agreement shelters the maintenance of leading equipment, including boilers, steam turbines, and flue gas cleaning systems.

In July 2020, General Electric (GE) Steam Power signed a deal with NTPC Limited, India, to supply wet FGD systems for three coal-fired power plants.

The Global Flue Gas Desulfurization System Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by Flue Gas Desulfurization System segmenting based on the Technology (Wet FGD System, Spray dry FGD Systems, Dry FGD Systems), Application (Power plants, Cement, Metal Processing & Mining, Manufacturing, and Chemicals) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.