The Business Research Company’s Flue Gas Treatment Systems Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Flue Gas Treatment Systems Global Market Report 2023 evaluates flue gas treatment systems market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global flue gas treatment systems market size is expected to grow from $64.40 billion in 2022 to $68.39 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global flue gas treatment systems is expected to grow to $84.50 billion in 2027 at a CAGR of 5.4%
The increased construction and reconstruction activities are expected to propel the flue gas treatment systems market growth going forward. The construction and reconstruction activities involve clearing land, grading, digging, filling, and any other work related to the building, assembling, altering, installing, or equipping of structures, roadways, or their ancillaries. A flue gas treatment system is helpful in construction activities by removing cement that emits about one tonne of carbon dioxide into the environment. For instance, in 2022, according to a report published by the United States Census Bureau, a US-based government agency, total construction spending in June 2022 is estimated at $1,762.3 billion, up 1.5% from $1,628.0 billion in June 2021. Further, in 2022, construction spending was $848.2 billion in the first six months 2022, up 10.7% from $766.0 billion for the same period in 2021. Therefore, the increased construction and reconstruction activities are driving the growth of the flue gas treatment systems market.
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The flue gas treatment systems market segments in the report are:
1) By Pollutant Control System: Particulate Control, Flue Gas Desulfurization, DeNOx, Mercury Control, Other Pollutant Control System (Volatile Organic Compounds, Dioxins, and Furans)
2) By Business Type: System, Service, Other Business Type
3) By End-use Industry: Power, Cement, Iron & Steel, Non-Ferrous Metal, Chemical & Petrochemical, Other End-use Industry (Glass, Pharmaceuticals, And Pulp & Paper)
The table of contents in TBRC’s flue gas treatment systems market report includes:
- Executive Summary
- Flue Gas Treatment Systems Market Characteristics
- Flue Gas Treatment Systems Market Trends And Strategies
- Flue Gas Treatment Systems Market – Macro Economic Scenario
- Flue Gas Treatment Systems Market Size And Growth
- Flue Gas Treatment Systems Market Segmentation
- Flue Gas Treatment Systems Market Regional And Country Analysis
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- Flue Gas Treatment Systems Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Flue Gas Treatment Systems Market
- Flue Gas Treatment Systems Market Future Outlook and Potential Analysis
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