Europe Flue-Gas Desulfurization (FGD) Market is Estimated to Grow at a CAGR of 4.0%

Date: 2015-08-10

The Europe Flue-Gas Desulfurization (FGD) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of 4.0% from 2014 to 2019. Geographically, Europe is further divided into U.K., Germany, Italy, French, Russia, and Rest of Europe. In 2013, Germany held a larger market share with 30.1% of the Europe FGD market due to rapid upsurge in industrialization leading to high energy requirements in the nation. U.K. held the second largest market share of 29.9% in 2013. The Europe FGD market holds a high potential for growth in future due to a number of forces favoring this market. The major factors driving this market include stringent air pollution control regulations, environmental awareness among the power generations industry players, and high-grade by-products generated during flue-gas treatment process.

In this report, the Europe FGD market is segmented on the basis of the type and applications of FGD. The segmentation by type includes wet and dry FGD. Wet FGD contributed the maximum share with 90.6% of the total Europe FGD market in 2013. 

The report has profiled the leading players of this market along with the recent developments of the companies. New contracts and agreements, mergers and acquisitions, new product launches, and business expansions have been the key strategies adopted by the players to expand their FGD businesses in the region. The top players considered in this report are Alstom SA (France), Babcock & Wilcox Company (U.S.), Hamon Corporation (U.S.), Clyde Bergemann Power Group International Ltd. (U.S.), FLSmidth & Co. A/S (Denmark), and Siemens AG (Germany).


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