Flue Gas Desulfurization: Analyzing India’s Prominence
A study by the National Institute of Health (NIH) estimates that around 2 million deaths occur annually due to chronic respiratory diseases. Long exposures to outdoor air pollution and the toxic effects of biomass fuel are the major risk factors. Thus, an ongoing surge in emissions drives the demand for flue gas desulfurization across several industries like iron and steel, cement production, and power generation. Triton’s report estimates that the Global Flue Gas Desulfurization Market is likely to advance with a CAGR of 4.93% over the forecast years 20232030. The pollution levels are rising, especially in emerging countries within Asia-Pacific. Due to rapid industrialization, coal combustion has become a huge source of sulfur dioxide (SO2) emissions. This boosts the demand for FGD systems. Accordingly, our analysis suggests that the AsiaPacific flue gas desulfurization market is expected to witness the fastest growth at 5.42% CAGR during the forecast period 2023-2032. Several governments have introduced stringent regulatory norms primarily centered on deploying these systems to target air pollution. With a sustainable energy vision, India has emerged as a major contender within the Asia-Pacific region.