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Report
Global Industrial Biomass Boiler Market Forecast 2023-2032
Market Report I 2023-02-18 I 239 Pages I Inkwood Research
KEY FINDINGS
The global industrial biomass boiler market is set to record an 11.58% CAGR during the forecast period, 2023-2032. Support from government regulations, cost efficiency, low environmental impact, and technological improvements drive the global market.
MARKET INSIGHTS
Biomass boilers are economically and environmentally advantageous. Moreover, companies use different types of bio-based feedstock, such as woody biomass, agriculture biomass, and residue, which are converted through thermochemical transformations. Further, a boiler is an essential part of an industry and is used for power generation and to combine heat and power.
Additionally, according to the National Institute of Building Sciences (United States), biomass-driven energy costs are approximately $0.8 to $0.15 per kilowatt-hour (kWh), a cost-effective solution. Hence, the low costs of the product also boost its demand over the forecast period.
REGIONAL INSIGHTS
The global industrial biomass boiler market is segregated based on geography into Asia-Pacific, Europe, North America, and Rest of World. North America is expected to dominate the market in terms of market shares owing to high research and development investments and several market players in the region.
COMPETITIVE INSIGHTS
Competition in this market is set to remain high over the forecast period as companies try to offer the best products with government regulations aiming to reduce carbon emissions through tax-based incentives.
Some of the key companies operating in the market include Babcock Power Inc, Clyde Bergemann Power Group Inc, Constructions Industrielles de la, Ecovision Systems Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. SUPPORT FROM GOVERNMENT REGULATIONS
3.1.2. COST-EFFICIENCY & ENVIRONMENT FRIENDLY
3.1.3. IMPROVEMENTS IN TECHNOLOGY
3.2. KEY RESTRAINTS
3.2.1. HIGH INSTALLATION COSTS
3.2.2. TEDIOUS TO HANDLE THAN TRADITIONAL BOILERS
3.2.3. REQUIRES EFFICIENT MANAGEMENT SYSTEMS
4. KEY ANALYTICS
4.1. IMPACT OF COVID-19 ON INDUSTRIAL BIOMASS BOILER MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. KEY BUYING CRITERIA
4.7. REGULATORY FRAMEWORK
5. MARKET BY FEEDSTOCK
5.1. WOODY BIOMASS
5.2. AGRICULTURE BIOMASS
5.3. URBAN RESIDUE
6. MARKET BY CAPACITY
6.1. 2-10 MW
6.2. 10-25 MW
6.3. 25-50 MW
7. MARKET BY APPLICATION
7.1. PULP & PAPER
7.2. BREWERY
7.3. SAWMILL
7.4. CHP PRODUCTION
7.5. POWER GENERATION
7.6. OTHER APPLICATIONS
8. GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1. MARKET SIZE & ESTIMATES
8.1.2. KEY GROWTH ENABLERS
8.1.3. KEY CHALLENGES
8.1.4. KEY PLAYERS
8.1.5. COUNTRY ANALYSIS
8.1.5.1. UNITED STATES
8.1.5.2. CANADA
8.2. EUROPE
8.2.1. MARKET SIZE & ESTIMATES
8.2.2. KEY GROWTH ENABLERS
8.2.3. KEY CHALLENGES
8.2.4. KEY PLAYERS
8.2.5. COUNTRY ANALYSIS
8.2.5.1. UNITED KINGDOM
8.2.5.2. GERMANY
8.2.5.3. FRANCE
8.2.5.4. ITALY
8.2.5.5. SPAIN
8.2.5.6. REST OF EUROPE
8.3. ASIA-PACIFIC
8.3.1. MARKET SIZE & ESTIMATES
8.3.2. KEY GROWTH ENABLERS
8.3.3. KEY CHALLENGES
8.3.4. KEY PLAYERS
8.3.5. COUNTRY ANALYSIS
8.3.5.1. CHINA
8.3.5.2. JAPAN
8.3.5.3. INDIA
8.3.5.4. SOUTH KOREA
8.3.5.5. AUSTRALIA
8.3.5.6. REST OF ASIA-PACIFIC
8.4. REST OF WORLD
8.4.1. MARKET SIZE & ESTIMATES
8.4.2. KEY GROWTH ENABLERS
8.4.3. KEY CHALLENGES
8.4.4. KEY PLAYERS
8.4.5. REGIONAL ANALYSIS
8.4.5.1. LATIN AMERICA
8.4.5.2. MIDDLE EAST & AFRICA
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. MERGERS & ACQUISITIONS
9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
9.1.3. PARTNERSHIPS & AGREEMENTS
9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
9.2.1. AALBORG ENERGIE TECHNIK A/S
9.2.2. AFS ENERGY SYSTEMS
9.2.3. ALSTOM SA
9.2.4. ANDRITZ AG
9.2.5. BABCOCK POWER INC
9.2.6. CLYDE BERGEMANN POWER GROUP INC
9.2.7. CONSTRUCTIONS INDUSTRIELLES DE LA
9.2.8. ECOVISION SYSTEMS LTD
9.2.9. ENGLISH BOILER AND TUBE INC (ACQUIRED BY SUPERIOR BOILER)
9.2.10. ESI SCOTLAND
9.2.11. ETA HEIZTECHNIK GMBH
9.2.12. FSE ENERGY INC
9.2.13. HURST BOILER AND WELDING CO INC
9.2.14. OUTOTEC OYJ
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - INDUSTRIAL BIOMASS BOILER
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 5: GLOBAL WOODY BIOMASS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: GLOBAL WOODY BIOMASS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 7: GLOBAL AGRICULTURE BIOMASS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: GLOBAL AGRICULTURE BIOMASS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 9: GLOBAL URBAN RESIDUE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: GLOBAL URBAN RESIDUE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 11: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 12: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 13: GLOBAL 2-10 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 14: GLOBAL 2-10 MW MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 15: GLOBAL 10-25 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 16: GLOBAL 10-25 MW MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 17: GLOBAL 25-50 MW MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 18: GLOBAL 25-50 MW MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 19: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 20: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 21: GLOBAL PULP & PAPER MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 22: GLOBAL PULP & PAPER MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 23: GLOBAL BREWERY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 24: GLOBAL BREWERY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 25: GLOBAL SAWMILL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 26: GLOBAL SAWMILL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 27: GLOBAL CHP PRODUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 28: GLOBAL CHP PRODUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 29: GLOBAL POWER GENERATION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 30: GLOBAL POWER GENERATION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 31: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 32: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 33: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 34: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 35: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 36: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 37: LEADING PLAYERS OPERATING IN NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET
TABLE 38: EUROPE INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 39: EUROPE INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 40: LEADING PLAYERS OPERATING IN EUROPE INDUSTRIAL BIOMASS BOILER MARKET
TABLE 41: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 42: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 43: LEADING PLAYERS OPERATING IN ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET
TABLE 44: REST OF WORLD INDUSTRIAL BIOMASS BOILER MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 45: REST OF WORLD INDUSTRIAL BIOMASS BOILER MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 46: LEADING PLAYERS OPERATING IN REST OF WORLD INDUSTRIAL BIOMASS BOILER MARKET
TABLE 47: LIST OF MERGERS & ACQUISITIONS
TABLE 48: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 49: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 50: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2022
FIGURE 7: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2023-2032 (IN $ MILLION)
FIGURE 8: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS, 2023-2032 (IN $ MILLION)
FIGURE 9: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2023-2032 (IN $ MILLION)
FIGURE 10: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2022
FIGURE 11: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2023-2032 (IN $ MILLION)
FIGURE 12: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY 10-25 MW, 2023-2032 (IN $ MILLION)
FIGURE 13: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY 25-50 MW, 2023-2032 (IN $ MILLION)
FIGURE 14: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 15: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2023-2032 (IN $ MILLION)
FIGURE 16: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2023-2032 (IN $ MILLION)
FIGURE 17: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2023-2032 (IN $ MILLION)
FIGURE 18: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY CHP PRODUCTION, 2023-2032 (IN $ MILLION)
FIGURE 19: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2023-2032 (IN $ MILLION)
FIGURE 20: GLOBAL INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 22: UNITED STATES INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 23: CANADA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: EUROPE INDUSTRIAL BIOMASS BOILER MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 25: UNITED KINGDOM INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 26: GERMANY INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 27: FRANCE INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 28: ITALY INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 29: SPAIN INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 30: REST OF EUROPE INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 31: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 32: CHINA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 33: JAPAN INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 34: INDIA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 35: SOUTH KOREA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 36: AUSTRALIA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 37: REST OF ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 38: REST OF WORLD INDUSTRIAL BIOMASS BOILER MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)
FIGURE 39: LATIN AMERICA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 40: MIDDLE EAST & AFRICA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
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