PUBLISHER: The Business Research Company | PRODUCT CODE: 1707211
PUBLISHER: The Business Research Company | PRODUCT CODE: 1707211
A wet flue gas desulfurization (FGD) system is a technology designed to remove sulfur dioxide (SO2) from the exhaust gases of industrial processes, primarily from power plants. The system operates by spraying the flue gases with a wet slurry, usually containing limestone or lime, which reacts with the sulfur dioxide to create a solid byproduct that can be safely disposed of or repurposed.
The main types of wet flue gas desulfurization systems include spray towers, jet bubbling, and tray towers. A spray tower, a type of wet scrubber, cleans the gas by spraying it with a liquid absorbent to remove pollutants such as sulfur dioxide from industrial emissions. These systems are installed in both greenfield and brownfield projects and are used across various industries, including power generation, chemical and petrochemical production, cement manufacturing, metal processing and mining, and other sectors.
The wet flue gas desulfurization system market research report is one of a series of new reports from The Business Research Company that provides wet flue gas desulfurization system market statistics, including wet flue gas desulfurization system industry global market size, regional shares, competitors with a wet flue gas desulfurization system market share, detailed wet flue gas desulfurization system market segments, market trends and opportunities, and any further data you may need to thrive in the wet flue gas desulfurization system industry. This wet flue gas desulfurization system 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 wet flue gas desulfurization system market size has grown strongly in recent years. It will grow from $17.47 billion in 2024 to $18.67 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to stringent environmental regulations, increasing coal-fired power plants, government subsidies for pollution control, the high sulfur content of coal, and rising health concerns.
The wet flue gas desulfurization system market size is expected to see strong growth in the next few years. It will grow to $24.12 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to the transition to renewable energy sources, rising costs of installation and maintenance, regulatory relaxations in some regions, increasing natural gas use, and demand for compact and efficient systems. Major trends in the forecast period include integration with carbon capture systems, a focus on energy-efficient systems, the development of hybrid systems, innovation in sorbent materials, and the adoption of digital monitoring solutions.
The growing demand for cleaner energy solutions is anticipated to drive the expansion of the wet flue gas desulfurization system market in the coming years. Several factors contribute to the rise of cleaner energy solutions, including stricter environmental regulations, advancements in renewable energy technologies, increasing consumer demand for sustainable practices, and the need to reduce greenhouse gas emissions. Wet flue gas desulfurization systems play a crucial role in these cleaner energy initiatives by effectively removing sulfur dioxide from emissions, thereby reducing air pollution and ensuring compliance with environmental standards. For instance, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, power generation from solar photovoltaic systems reached a record 270 TWh in 2022, representing a 26% increase from 2021. As a result, the growing demand for cleaner energy solutions is driving the growth of the wet flue gas desulfurization system market.
Key companies in the wet flue gas desulfurization system market are pursuing strategic partnerships to strengthen technology integration and broaden their market presence. A strategic partnership is a cooperative relationship between organizations that pool resources, expertise, and efforts to achieve shared goals. For example, in January 2023, Babcock & Wilcox (B&W), a U.S.-based provider of energy technology, expanded its environmental solutions portfolio through a strategic partnership with Hamon Research-Cottrell, an India-based specialist in air pollution control technologies. This partnership enhanced B&W's flue gas desulfurization (FGD) capabilities, enabling the company to offer more comprehensive solutions for reducing sulfur dioxide and other emissions. By utilizing Hamon Research-Cottrell's technologies-such as wet and dry electrostatic precipitators, fabric filters, and scrubbers-B&W bolstered its capacity to support cleaner energy production for industries requiring advanced emissions control.
In January 2022, GE Power India Ltd., an India-based power generation and energy delivery services company, collaborated with Apollo International Group to improve the environmental performance of the Anuppur Thermal Power Plant (TPP) in Madhya Pradesh, India. This partnership aims to significantly cut sulfur dioxide (SO2) emissions by 51,000 tons annually through the deployment of a wet flue gas desulfurization (WFGD) system. Apollo International Group is an India-based provider of integrated logistics solutions.
Major companies operating in the wet flue gas desulfurization system market are General Electric Company, Alstom S.A., AECOM, Kawasaki Heavy Industries Ltd., Burns & McDonnell, Andritz Group, Valmet Corporation, FLSmidth And Co., Chiyoda Corporation, Mitsubishi Hitachi Power Systems Ltd, Thermax Ltd., Babcock & Wilcox Enterprises Inc., KC Cottrell, Hamon Group, Rafako S.A., Ducon Technologies Inc., Doosan Lentjes GmbH, Steinmuller Engineering GmbH, Marsulex Environmental Technologies, BAOLAN EP INC., Rudis Trbovlje, Macrotek Inc.
Asia-Pacific was the largest region in the wet flue gas desulfurization system market in 2024. The regions covered in the wet flue gas desulfurization system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the wet flue gas desulfurization system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wet flue gas desulfurization system market consists of sales of scrubbers, pumps, spray nozzles, and control systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Wet Flue Gas Desulfurization System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wet flue gas desulfurization system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wet flue gas desulfurization system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wet flue gas desulfurization system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.