Pollution levels in several nations have dropped as a result of the COVID-19 epidemic. According to the International Energy Agency, worldwide energy consumption will be down by around 5% in 2020, the largest reduction in 70 years. The delay, suspension, and cancellation of stated projects due to supply chain and economic instability impacted the Flue Gas Desulfurization systems industry. FGD systems are also widely used in the chemical and cement sectors. The pandemic of COVID-19 has had a significant impact on vital industries such as chemical, iron and steel, and cement industry. Chemical demand has been severely impacted throughout end markets, causing global supply networks to be disrupted. Due to this, the stock prices & revenue of major chemical companies have taken significant hits, thus delayed investment on new FGD systems installation.
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