FLUE GAS DESULFURIZATION (FGD) MARKET ANALYSIS
Key Players
Major players operating in the global flue gas desulfurization market include General Electric, Babcock & Wilcox Company, Chiyoda Corp., Mitsubishi Hitachi Power Systems, S.A. HAMON, Carmeuse, Thermax, Fujian Longking Co., Ltd., and Wuhan Kaidi Electric Power Environmental Co., Ltd.
Furthermore, manufacturers in the global flue gas desulfurization market are focusing on collaboration and mergers as a key development strategy to expand sales and strengthen their position in the global market. For instance, in August 2019, BHEL established itself to be India’s largest FGD provider, gaining two orders worth US$ 334 million from the National Thermal Power Corporation (INR 2500 crores). Mitsubishi Hitachi Power Systems collaborates with Bharat Heavy Electricals Limited (BHEL) to fulfill over 50 thermal units of flue gas desulfurization orders.
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