Flue Gas Desulphurization (FGD) Gypsum Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
From 2023 to 2033, the Flue Gas Desulphurization (FGD) Gypsum market is poised for substantial changes. The shift towards renewable energy sources and the gradual phasing out of coal-fired power plants could influence the market dynamics. As global industries prioritize carbon reduction and adopt cleaner technologies, the demand for FGD gypsum could face a decline in some regions. However, there are projections for continued demand in markets where coal power still dominates or where environmental policies necessitate the installation of FGD systems. Additionally, the construction industry’s appetite for drywall and other materials using FGD gypsum is expected to remain steady, bolstering demand.
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The Flue Gas Desulphurization (FGD) Gypsum market has seen considerable growth between 2018 and 2022, driven by the increasing global demand for cleaner air and stricter environmental regulations. FGD gypsum, a byproduct of the sulfur removal process in power plants, has been used in various industries, notably in construction for wallboard production and as a soil amendment. The market for FGD gypsum during this period was influenced by factors such as the rise in the number of coal-fired power plants, technological advancements in desulphurization processes, and a growing emphasis on sustainable development. The demand for FGD gypsum was strong in regions with significant industrial activity, especially in Asia-Pacific, North America, and Europe, where environmental standards were being tightened.
EDF
E.ON
Scottish & Southern Energy
Eggborough Power
CEZ Energetické
STEAG Power Minerals
BauMineral
MITSUBISHI
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Flue Gas Desulphurization (FGD) Gypsum Market
Industrial
Building Materials
Environmental Governance
Others
Based on Types the Market is categorized into Below types that held the largest Flue Gas Desulphurization (FGD) Gypsum market share In 2023.
Lumpy
Granular
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Flue Gas Desulphurization (FGD) Gypsum Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Flue Gas Desulphurization (FGD) Gypsum Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Flue Gas Desulphurization (FGD) Gypsum Market, By Type
6. Global Flue Gas Desulphurization (FGD) Gypsum Market, By Application
7. Global Flue Gas Desulphurization (FGD) Gypsum Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Flue Gas Desulphurization (FGD) Gypsum Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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