Dry Flue Gas Desulfurization System Market Size

Dry Flue Gas Desulfurization System Market size registered a valuation of USD 2.6 billion in 2024 and is poised to reach USD 4.8 billion by 2037 expanding at a profitable CAGR of 4.8% in the forecast period, i.e., 2025-2037. In 2025, the industry size of dry flue gas desulfurization system is assessed at USD 2.8 billion.

The market’s robust growth curve is attributed to industries seeking solutions to reduce sulfur emissions. FGD system is used widely in power plants, cement manufacturing, and industrial processes where sulfur dioxide (SF2) is a byproduct and removes SF2 from furnaces, boilers, and other sources. The dry flue gas desulfurization system market is in an advantageous position owing to the cost-effective nature of the FGD system and comparatively less usage of water than wet FGD which encourages large-scale adoption.

A major contributor to the dry flue gas desulfurization system market growth is the increasing demand for electricity globally and the rise in gas and coal-based power sources, boosting the need for dry flue gas desulfurization solutions to comply with stringent environmental standards. For instance, the International Energy Agency (IEA) estimated global electricity demand to rise annually at 3.4% from 2023 to 2026. Additionally, IEA reported that global coal consumption to have surged, reaching an all-time high on 2022, and is poised to increase in 2023 owing to growth in countries like China and India. In 2022, the global consumption of coal was 8.4 billion tons. This has prompted governments across the world to push for mandatory installation of FGD systems in power plants.

International organizations and national governments are pushing for companies to disclose their environmental, social, and governance (ESG) impacts via sustainability reports. Trends as such put the onus on operators to install robust FGD solutions to reduce carbon footprints. The global push for green solutions opens opportunities for key market players, especially in emerging economies, as requirements to retrofit older plants with FGD technology rise. Market players are benefit from advancements in FGD systems such as electrodialysis systems and ion-exchange membranes that allow efficient treatment of FGD wastewater. As the Environmental Protection Agency tightens its regulations, the demand for robust dry flue gas desulfurization systems is poised to witness a surge by the end of the forecast period.