Title: Industrial Flue Gas Treatment Systems & Services Market - Global Trends & Forecasts to 2019
1MarketsandMarkets Presents
- Industrial Flue Gas Treatment Systems Services
Market - Global Trends Forecasts to 2019
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2- The flue gas treatment systems market is growing
at a significant rate, driven by the stringent
regulations in developed countries and the rising
demand for electricity in the emerging economies.
The global market was valued at 44,152.2 million
in 2013, and is poised to grow at a CAGR of 5.1
from 2014 to reach 59,546.7 million by 2019. The
market can be segmented into five categories,
namely, FGD, DeNOx, particulate control, mercury
control, and others (VOCs, dioxins, HCl, and HF). - Particulate control systems are used in several
applications, including power generation, cement
manufacturing, and the iron and steel industries.
Technological improvements in particulate control
systems have lead to the development and
introduction of hybrid filters (combination of
ESPs and bag filters), which will boost the flue
gas treatment systems market. Particulate control
systems (ESPs and fabric filters) form the
largest segment with 17,857.6 million market
size in 2013. It is poised to grow at steady CAGR
of 4.8 over the projected period.
3-
- http//www.marketsandmarkets.com/Market-Reports/fl
ue-gas-treatment-systems-market-214992664.html - Asia-Pacific is the largest market of all regions
studied regarding these systems and services. The
region is driven by the growth of coal-fired
power plants in China and India. The industrial
air pollution control regulations in China have
been recently strengthened and the regulations in
India are expected to be implemented in the near
future. These regulations are also a main driver
for the industrial flue gas treatment systems
market.
4- The enforcement of federal laws and regulations
that mandate the industries to install pollution
control equipment have spurred the growth of
these systems. In developing countries such as
India, the FGD (flue gas desulfurization) market
will particularly benefit from the strict
regulations for emission of sulfur oxides (SOx). - The recent Mercury and Air Toxic Standards (MATS)
established by the U.S. Environmental Protection
Agency (EPA) is expected to drive the mercury
control equipment and services market early in
the projected period, as the deadline for the
coal-fired power plants to meet these regulations
is April 2015.
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