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ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET FORECAST 2021-2028

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ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET FORECAST 2021-2028

The Asia-Pacific flue gas desulfurization market is set to record a CAGR of 4.81% during the forecast period, 2021-2028. The rising environmental concerns with regard to air pollution levels and the favorable government policies drive market growth.

ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET FORECAST 2021-2028

Asia-Pacific Flue Gas Desulfurization Market by Technology (Wet FGD Systems, Spray Dry FGD Systems, Dry FGD Systems) Market by Application (Power Plants, Manufacturing, Cement, Metal Processing and Mining, Chemicals) by Geography

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The Asia-Pacific flue gas desulfurization market is set to record a CAGR of 4.81% during the forecast period, 2021-2028. The rising environmental concerns with regard to air pollution levels and the favorable government policies drive market growth.

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The Asia-Pacific flue gas desulfurization market growth analysis includes the assessment of India, China, Japan, Vietnam, Thailand, Indonesia, Australia & New Zealand, South Korea, and Rest of Asia-Pacific. China has the world’s largest coal-based power plant capacity. It has made a commendable transition to low emission pathways. As per the Chinese Ministry of Environmental Protection, the sulfur dioxide (SO2) emissions since 2012 from its thermal power sector have now declined by 38%. The country has been working systemically to clean the sector. Also, the government initiatives towards reducing national SO2 emissions included installing flue gas desulphurization (FGD) units in thermal plants. The device filters SO2 from the plant flues. As of 2015, the FGD penetration has reached 93%, higher than in the US.

Vietnam is the 12th most populated country globally. The country’s electricity demands have grown by more than 10% per year, which has led to a demand for new and efficient power stations. For instance, the Electricity of Vietnam (EVN) operates and owns Pha Lai 2 Power Station, consisting of two-coal fired units. Such factors offer growth opportunities for the market analyzed.

Kawasaki Heavy Industries Ltd manufactures and markets transportation equipment and industrial goods. It manufactures rolling stock, environmental & industrial plants, consumer products, construction machinery, gas turbine power generators, etc. Also, the company manages plant engineering services for industrial plants. It has a presence in Asia, Europe, and North America, with headquarters in Minato City, Tokyo, Japan.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • AWARENESS REGARDING AIR POLLUTION
        • STRINGENT LAWS FOR MAINTAINING AIR QUALITY STANDARDS
        • PREVALENCE OF AIR-BORNE DISEASES
      • KEY RESTRAINTS
        • SLOWDOWN OF INDUSTRIAL SECTOR
        • RISING SHARE OF RENEWABLE IN POWER GENERATION CAPACITY
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON FLUE GAS DESULFURIZATION MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • KEY BUYING CRITERIA
        • COST
        • TECHNOLOGY
        • RAW MATERIALS
    1. MARKET BY TECHNOLOGY
      • WET FGD SYSTEMS
      • SPRAY DRY FGD SYSTEMS
      • DRY FGD SYSTEMS
    2. MARKET BY APPLICATION
      • POWER PLANTS
      • MANUFACTURING
      • CEMENT
      • METAL PROCESSING AND MINING
      • CHEMICALS
    3. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ANDRITZ AG
        • BABCOCK & WILLCOX ENTERPRISES 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

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – FLUE GAS DESULFURIZATION

    TABLE 2: WORLD’S TOP 10 MOST POLLUTED COUNTRIES, 2020 (PM 2.5)

    TABLE 3: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 9: LEADING PLAYERS OPERATING IN ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET

    TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 11: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 7: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY WET FGD SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY SPRAY DRY FGD SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY DRY FGD SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 11: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY POWER PLANTS, 2021-2028 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY CEMENT, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY METAL PROCESSING & MINING, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, BY CHEMICALS, 2021-2028 (IN $ MILLION)

    FIGURE 16: ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 17: CHINA FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 18: JAPAN FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 19: INDIA FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 20: SOUTH KOREA FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 21: INDONESIA FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 22: THAILAND FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 23: VIETNAM FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 24: AUSTRALIA & NEW ZEALAND FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 25: REST OF ASIA-PACIFIC FLUE GAS DESULFURIZATION MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY TECHNOLOGY
      • WET FGD SYSTEMS
      • SPRAY DRY FGD SYSTEMS
      • DRY FGD SYSTEMS
    2. MARKET BY APPLICATION
      • POWER PLANTS
      • MANUFACTURING
      • CEMENT
      • METAL PROCESSING AND MINING
      • CHEMICALS

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