Global Flue Gas Treatment Systems Market Report 2023: Increased Construction and Reconstruction Activities Drives Growth

DUBLIN, May 8, 2023 /PRNewswire/ -- The "Flue Gas Treatment Systems Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the market.

The global flue gas treatment systems market is expected to grow from $64.40 billion in 2022 to $68.39 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The flue gas treatment systems market is expected to grow to $84.50 billion in 2027 at a CAGR of 5.4%.

Major players in the market are AMEC Foster Wheeler plc, Clyde Bergemann Power Group, Doosan Lentjes, FLSmidth & Company A/S, General Electric Company, Mitsubishi Hitachi Power Systems Limited, Thermax Limited, Babcock & Wilcox Enterprises Inc., Siemens AG, Agilis Technology, Classifier Milling Systems, John Wood Group plc, KSB SE & Co KGaA, Howden Group Limited, and Sodimate.

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Flue gas treatment systems refer to the equipment, which consists of a bag filter, a dry reactor, and a multi-cyclone that collects any remaining pollutants and makes sure that emissions meet strict emission regulations. The flue gas treatment systems are used to purify the gas generated by energy from waste before it is released into the environment.

The main pollutant control systems of flue gas treatment systems are pollutant control system, particulate control, flue gas desulfurization, denox, mercury control, and others. Particulate control refers to apparatus that employs physical means of separation rather than chemical separation procedures because particle matter is large enough to be "caught" in this way.

The business types are system, service, and other business types. The various end-use industries involved power, cement, iron and steel, non-ferrous metal, chemical and petrochemical, and other end-use industries (glass, pharmaceuticals, and pulp and paper).

The flue gas treatment systems market research report is one of a series of new reports that provides flue gas treatment systems market statistics, including flue gas treatment systems industry global market size, regional shares, competitors with a flue gas treatment systems market share, detailed flue gas treatment systems market segments, market trends and opportunities, and any further data you may need to thrive in the flue gas treatment systems industry. This flue gas treatment systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The technological breakthrough is a key trend gaining popularity in the flue gas treatment systems market. Major companies operating in the flue gas treatment systems market are focused on developing new technological solutions to strengthen their position.

In April 2022, Axens SA, a Spain-based technology, product, and service provider for the gas, petrochemical, and alternative fuel industries acquired FlowVision for an undisclosed amount. The acquisition of Flowvision's DeNOx business is expected to strengthen Axens' Air Pollution Control offering and enables the company to better serve its customers by providing them with sustainable solutions, integrated with its processes and equipment. FlowVision is a Denmark-based engineering firm specializing in emission abatement systems for reducing nitrogen oxides in industrial flue gas.

Asia-Pacific was the largest region in the flue gas treatment systems market in 2022. The regions covered in the flue gas treatment systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the flue gas treatment systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The increased construction and reconstruction activities are expected to propel the flue gas treatment systems market growth going forward. The construction and reconstruction activities involve clearing land, grading, digging, filling, and any other work related to the building, assembling, altering, installing, or equipping structures, roadways, or their ancillaries. A flue gas treatment system is helpful in construction activities by removing cement that emits about one tonne of carbon dioxide into the environment.

For instance, in 2022, according to a report published by the United States Census Bureau, a US-based government agency, total construction spending in June 2022 is estimated at $1,762.3 billion, up 1.5% from $1,628.0 billion in June 2021. Further, in 2022, construction spending was $848.2 billion in the first six months 2022, up 10.7% from $766.0 billion for the same period in 2021. Therefore, the increased construction and reconstruction activities are driving the growth of the flue gas treatment systems market.

Key Topics Covered:

1. Executive Summary

2. Flue Gas Treatment Systems Market Characteristics

3. Flue Gas Treatment Systems Market Trends And Strategies

4. Flue Gas Treatment Systems Market - Macro Economic Scenario
4.1. COVID-19 Impact On Flue Gas Treatment Systems Market
4.2. Ukraine-Russia War Impact On Flue Gas Treatment Systems Market
4.3. Impact Of High Inflation On Flue Gas Treatment Systems Market

5. Flue Gas Treatment Systems Market Size And Growth
5.1. Global Flue Gas Treatment Systems Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Flue Gas Treatment Systems Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Flue Gas Treatment Systems Market Segmentation
6.1. Global Flue Gas Treatment Systems Market, Segmentation By Pollutant Control System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Particulate Control
• Flue Gas Desulfurization
• DeNOx
• Mercury Control
• Other Pollutant Control System

6.2. Global Flue Gas Treatment Systems Market, Segmentation By Business Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• System
• Service
• Other Business Types

6.3. Global Flue Gas Treatment Systems Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

• Power
• Cement
• Iron And Steel
• Non-Ferrous Metal
• Chemical And Petrochemical
• Other End-Use Industry

7. Flue Gas Treatment Systems Market Regional And Country Analysis
7.1. Global Flue Gas Treatment Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Flue Gas Treatment Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/rbllwx

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