Report ID: UCMIG10G2015
Report ID:
UCMIG10G2015 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2019, the market for flue gas desulfurization was estimated to be worth USD 25.1 billion. From 2020 to 2027, it is anticipated to increase at a CAGR of 4.8%. Over the forecast period, it is anticipated that implementation of strict air quality standards to lower SOx emission levels will propel market growth. It is also anticipated that rising electricity consumption will spur market expansion, along with large investments in thermal power facilities in Asian nations.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Coal & Consumable Fuels by segment aggregation, the contribution of the Coal & Consumable Fuels in Energy Fuel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG10G2015