Share this article Share this article ResearchAndMarkets.com's offering. The market was valued at US$ 18,128.01 million in 2019 and is projected to reach US$ 27,655.04 million by 2027; it is expected to grow at a CAGR of 5.6% from 2020 to 2027 Increasing demand from power and energy sector to escalate flue gas desulfurization market growth The demand for flue gas desulfurization is rising across diversified end-use industries. Further, rapid industrialization and strategic initiatives taken by the manufacturers are expected to proliferate the growth of the market. Additionally, technological advancements in the designing of FGD systems are expected to provide ample opportunities for market growth. Power facilities are the most extensive generators of SO2. When SO2 combines with moisture in clouds, it forms acid rain. Incorporation of flue gas desulfurization systems lessens SO2 emissions by 98%. According to the International Energy Agency, the coal-fired power plants produce about 37% of the globe's electricity, making them the largest single electricity generation source worldwide. However, such plants are bound to release pollutants, especially sulfur, which deteriorates the quality of environment.