Flue gas treatment systems can be referred to as a set of technologies used to eliminate hazardous gases, including sulphur dioxide (SO2) and nitrogen oxide (NOx) emitted from industries and power plants. If the gases are left untreated, flue gas from power plants, industrial facilities, and other sources can significantly affect local and regional air quality. Under various national-level clean-air regulations, power plants and other facilities must use flue gas treatments to minimize the amount of emitted pollutants. Henceforth, the US has implemented the mercury & air toxic standards (MATS), which are helping the growth of the flue gas treatment systems market along with the increasing number of coal-fired plants. Besides driving factors, the market growth restraining factors are the introduction of renewable and alternative energy sources. The Flue Gas Treatment Systems Market is anticipated to grow at a 5.4% CAGR by 2026.
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Flue Gas Treatment Systems Market on the basis of Business Type
Flue Gas Treatment Systems Market on the basis of Pollutant Control System
Flue Gas Desulfurization (FGD) Systems
Particulate Control Systems
Mercury Control Systems
Other Pollutant Control Systems
Flue Gas Treatment Systems Market based on End-Use Industry
Chemical & Petrochemical
Iron & Steel
Flue Gas Treatment Systems Market based on Geography
Rest of the world
In the market for business type, the market is bifurcated into system and service. The system segment is expected to hold the maximum share of the market. This maximum share is due to the growing installation of new flue gas treatment systems and updating the prevailing ones in many end-use industries to reduce the emission of hazardous gases from the industries.
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