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Industrial Flue Gas Treatment Systems & Services Market by Pollutant Control System (FGD, DeNOx, Particulate Control, Mercury Control) by Application (Power Generation, Cement, Iron & Steel, Chemical & Others) - Global Trends & Forecasts to 2019
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MarketsandMarkets Presents • Industrial Flue Gas Treatment Systems & Services Market • Global Trends & Forecasts to 2019 http://www.marketsandmarkets.com/Market-Reports/flue-gas-treatment-systems-market-214992664.html
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. http://www.marketsandmarkets.com/Market-Reports/flue-gas-treatment-systems-market-214992664.html
http://www.marketsandmarkets.com/Market-Reports/flue-gas-treatment-systems-market-214992664.htmlhttp://www.marketsandmarkets.com/Market-Reports/flue-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. http://www.marketsandmarkets.com/Market-Reports/flue-gas-treatment-systems-market-214992664.html
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. http://www.marketsandmarkets.com/Market-Reports/flue-gas-treatment-systems-market-214992664.html
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