Market by Technology, Application, and Country Outlook | Forecast 2023-2030
Based on Triton’s market report, the flue gas desulfurization market in Latin America is projected to register a growth rate of 5.07% during the forecasted phase from 2023 to 2030.
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The countries explored in the region are:
•       Â
Brazil
•       Â
Mexico
•       Â
Rest of Latin America
Latin America’s energy generation predominantly
centers on fossil fuels, especially coal and oil. This heavy reliance
highlights the importance of implementing pollution control measures, such as
flue gas desulfurization systems, to mitigate the environmental consequences of
burning fossil fuels. As Latin American countries work to expand their power
generation capacities in response to surging energy demands, the installation
of FGD systems becomes imperative. Since these systems ensure compliance with
emission standards, their demand is expected to grow in the upcoming years.
Brazil
secures the highest share in the region’s market. The soil in Brazil is deficient in sulfur,
prompting farmers to rely on ammonium sulfate for both nitrogen and sulfur
supplementation. To reduce the need for ammonium sulfate imports and mitigate
sulfur shortages, one potential solution is to partially substitute it with
fertilizer generated through the electron beam accelerator process in flue gas
treatment. These factors significantly elevate the demand for FGD systems,
thereby creating opportunities for the flue gas desulfurization market.
FGD technology relies on a chemical reaction
triggered when the warm exhaust gases from a coal-fired boiler interact with
limestone. This reaction eliminates 92% of sulfur dioxide from the flue gas,
transforming the limestone into Calcium Sulphite. In all FGD processes, except
the SWFGD process, substantial quantities of chemical sorbents like limestone,
lime, magnesium-enhanced lime, and calcium hydroxide are indispensable in the
chemical industry.
The
market is broadly sectioned into application and technology. The technology segment includes chemical,
power generation, iron & steel, cement manufacturing, and other
applications.
The
notable companies listed in the report include John Wood Group Plc, Thermax
Ltd, Flsmidth AS, Fujian Longking Co Ltd, and Kawasaki Heavy Industries Ltd.
John Wood Group Plc specializes in providing a
range of project, engineering, and technical services. These services encompass
project and modification solutions, such as project management, onshore
activities, commissioning, fabrication, construction, and maintenance services.
John Wood Group serves a global clientele spanning the power generation,
industrial, refining, oil and gas, chemicals, and energy sectors.
Key
deliverables of the report:
â—ŹÂ Â Â Â Â Â
Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Â
Detailed data highlighting key insights, industry components, and
market strategies
â—ŹÂ Â Â Â Â Â
Comprehensive information and estimation of the flue gas
desulfurization market revenue growth in Latin America and its influence on the
parent market
â—ŹÂ Â Â Â Â Â
In-depth study of forthcoming trends in consumer behavioral
patterns
â—ŹÂ Â Â Â Â Â
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
â—ŹÂ Â Â Â Â Â
A wide-ranging study of factors that will challenge the LA flue
gas desulfurization market’s growth during the upcoming years
Want to get specific
insights? Our team of analysts can customize this report based on your
preferences. Connect with us here.Â
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VIEW REPORT1. LATIN
AMERICA FLUE GAS DESULFURIZATION MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE FLUE GAS DESULFURIZATION MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. REGULATORY
FRAMEWORK
2.4. KEY
MARKET STRATEGIES
2.4.1. COLLABORATIONS
2.4.2. PRODUCT
LAUNCHES
2.4.3. ACQUISITIONS
2.4.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.5. MARKET
DRIVERS
2.5.1. DETRIMENTAL
IMPACT OF SULFUR DIOXIDE EMISSIONS ON THE ENVIRONMENT AND HEALTH
2.5.2. STRICT
EMISSION NORMS CONFER A REGULATORY PUSH FOR THE WIDESPREAD ADOPTION OF FGD
SYSTEMS
2.5.3. AIRBORNE
DISEASES POSING A SERIOUS THREAT TO PUBLIC HEALTH
2.6. MARKET
CHALLENGES
2.6.1. INDUSTRIAL
SLOWDOWNS LEAD TO MARKET CONTRACTION
2.6.2. RISING
DEPENDENCE ON RENEWABLE ENERGY
2.6.3. HIGH
INITIAL CAPITAL INVESTMENT
2.7. MARKET
OPPORTUNITIES
2.7.1. ADVANCEMENTS
IN FGD TECHNOLOGIES
2.7.2. FGD
GYPSUM’S USE AS A SOIL CONDITIONER
2.7.3. UTILIZING
DATA-DRIVEN MODELS FOR REAL-TIME OPTIMIZATION OF FGD PROCESSES
2.7.4. TAILORED
FGD SOLUTIONS TARGETING SPECIFIC INDUSTRIES
2.8. ANALYST
PERSPECTIVE
3. LATIN
AMERICA FLUE GAS DESULFURIZATION MARKET – BY TECHNOLOGY
3.1. WET
FGD SYSTEMS
3.2. SPRAY
DRY FGD SYSTEMS
3.3. DRY
FGD SYSTEMS
4. LATIN
AMERICA FLUE GAS DESULFURIZATION MARKET – BY APPLICATION
4.1. POWER
GENERATION
4.2. CHEMICAL
4.3. IRON
& STEEL
4.4. CEMENT
MANUFACTURING
4.5. OTHER
APPLICATIONS
5. LATIN
AMERICA FLUE GAS DESULFURIZATION MARKET – BY COUNTRY OUTLOOK
5.1. BRAZIL
5.1.1. BRAZIL
FLUE GAS DESULFURIZATION MARKET FORECAST & PROSPECTS
5.2. MEXICO
5.2.1. MEXICO
FLUE GAS DESULFURIZATION MARKET FORECAST & PROSPECTS
5.3. REST
OF LATIN AMERICA
5.3.1. REST
OF LATIN AMERICA FLUE GAS DESULFURIZATION MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. BABCOCK
& WILCOX ENTERPRISES INC
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. GENERAL
ELECTRIC COMPANY
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. DUCON
TECHNOLOGIES INC
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. ANDRITZ
AG
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. CHIYODA
CORPORATION
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. DOOSAN
LENTJES GMBH
6.6.1. OVERVIEW
6.6.2. PRODUCT
PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. JOHN
WOOD GROUP PLC
6.7.1. OVERVIEW
6.7.2. PRODUCT
PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. FLSMIDTH
AS
6.8.1. OVERVIEW
6.8.2. PRODUCT
PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. THERMAX
LTD
6.9.1. COMPANY
OVERVIEW
6.9.2. PRODUCT
PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. FUJIAN
LONGKING CO LTD
6.10.1. OVERVIEW
6.10.2. PRODUCT
PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
6.11. KAWASAKI
HEAVY INDUSTRIES LTD
6.11.1. COMPANY
OVERVIEW
6.11.2. PRODUCT
PORTFOLIO
6.11.3. KEY
STRENGTHS
6.11.4. KEY
CHALLENGES
6.12. MARSULEX
ENVIRONMENTAL TECHNOLOGIES
6.12.1. COMPANY
OVERVIEW
6.12.2. PRODUCT
PORTFOLIO
6.12.3. KEY STRENGTHS
6.12.4. KEY
CHALLENGES
6.13. MITSUBISHI
HITACHI POWER SYSTEMS LTD
6.13.1. COMPANY
OVERVIEW
6.13.2. PRODUCT
PORTFOLIO
6.13.3. KEY
STRENGTHS
6.13.4. KEY
CHALLENGES
6.14. HAMON
GROUP
6.14.1. OVERVIEW
6.14.2. PRODUCT
PORTFOLIO
6.14.3. KEY
STRENGTHS
6.14.4. KEY
CHALLENGES
6.15. RAFAKO
SA
6.15.1. COMPANY
OVERVIEW
6.15.2. PRODUCT
PORTFOLIO
6.15.3. KEY
STRENGTHS
6.15.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: LIST OF COLLABORATIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: LIST OF BUSINESS
DIVESTITURES & EXPANSIONS
TABLE 7: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY TECHNOLOGY, 2023-2030 (IN $ MILLION)
TABLE 8: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 9: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY TECHNOLOGY, 2022 & 2030 (IN %)
FIGURE 2: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY WET FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 3: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY SPRAY DRY FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 4: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY DRY FGD SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 5: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 6: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY POWER GENERATION, 2023-2030 (IN $ MILLION)
FIGURE 7: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY CHEMICAL, 2023-2030 (IN $ MILLION)
FIGURE 8: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY IRON & STEEL, 2023-2030 (IN $ MILLION)
FIGURE 9: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY CEMENT MANUFACTURING, 2023-2030 (IN $ MILLION)
FIGURE 10: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 11: LATIN AMERICA FLUE
GAS DESULFURIZATION MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 12: BRAZIL FLUE GAS
DESULFURIZATION MARKET 2023-2030 (IN $ MILLION)
FIGURE 13: MEXICO FLUE GAS
DESULFURIZATION MARKET 2023-2030 (IN $ MILLION)
FIGURE 14: REST OF LATIN
AMERICA FLUE GAS DESULFURIZATION MARKET 2023-2030 (IN $ MILLION)