Published By : 03 Aug 2016 | Published By : QYRESEARCH
Sulfur dioxide, carbon monoxide, and carbon dioxide are air pollutants that are released along with flue gas exhaust in fossil fuel driven power plants. Among these, sulfur dioxide is the major pollutant that has environmental and health implications. Due to these reasons, flue gas desulfurization has been mandated in several countries for elimination of sulfur dioxide from flue gasses. Wet type desulfurization is widely used for sulfur removal from gaseous streams; on the contrary, dry type desulfurization is economical due to less water consumption, ease of residue handling, and simple process.
Across the world, the rising demand for energy has resulted in expeditious growth of the power industry. The utilization of various types of fossil fuels in the exponentially growing power industry has resulted in an increased demand for flue gas desulfurization systems. Moreover, across several nations, stringent regulations in place for the permissible level of exhaust that can be emitted in the atmosphere is also mandating the use of flue gas desulfurization systems.
Asia Pacific is anticipated to be a significant market for flue gas desulfurization in the future. However, the impending implementation of regulations for the deployment of flue gas desulfurization systems in Asia Pacific is challenging the growth of this regional market.
Europe and North America are mature markets for flue gas desulfurization owing to the initiation of this technology in the 1960s in these regions. The U.S. is expected to dominate the North America flue gas desulfurization market in the future. This is mainly due to a number of regulations in place such as U.S. ARP (Acid Rain Program) for the scrubbing of sulfur dioxide.
Top players in the flue gas desulfurization market such as Mitsubishi Heavy Industries are focused on product innovation in the bid to receive competitive advantage in this market. As a result of these efforts, Mitsubishi Heavy Industries has developed an advanced flue gas desulfurization system that delivers 99.5% efficiency.
The installation of flue gas desulfurization systems holds considerable importance for thermal companies in Europe. This is because thermal power plants in this region need to satisfy environmental pollution norms needed for joining the European Union.