Please Wait.....
Report
India Industrial Biomass Boiler Market Forecast 2025-2032
Market Report I 2025-01-13 I 142 Pages I Inkwood Research
KEY FINDINGS
The India industrial biomass boiler market is anticipated to record a CAGR of 12.02% across the forecasting period of 2025-2032. The market was valued at $806.46 million in 2024 and is expected to reach a revenue of $2008.27 million by 2032.
MARKET INSIGHTS
The Indian industrial biomass boiler market is experiencing prominent growth, driven by rising energy demands, government support, and a shift towards sustainable energy sources. Initiatives like the National Policy on Biofuels have boosted the demand for biomass boilers by promoting the use of biofuels in the energy grid. The Indian government also offers financial incentives, including tax breaks and grants, to companies investing in biomass energy technologies, making the market economically viable.
Biomass boilers are recognized for their environmental benefits, as they utilize organic materials, leading to much lower emissions compared to traditional fossil fuel boilers. For example, biomass-fired boilers emit less CO2 and other pollutants, contributing to India's efforts to combat climate change and meet international commitments, such as the Paris Agreement. In India, the industrial sector is the major driver of the biomass boiler industry, particularly in industries like food processing, sugar, and paper. Sugar mills, in particular, rely heavily on bagasse as a fuel source for their boilers, integrating biomass energy into their operations to ensure a sustainable power supply while reducing dependence on coal.
However, the market faces challenges such as high equipment costs, issues with raw material supply, and regulatory barriers. The initial investment required for biomass boiler installation can be substantial, which may deter small businesses from adopting biomass energy solutions without adequate financial support. Technological advancements are helping address some of these challenges. Innovations like intelligent control systems and hybrid boilers, which combine biomass with other renewable energy sources, are enhancing efficiency and reliability. Companies are also integrating biomass systems with solar and wind energy to create hybrid renewable energy solutions.
The future of the Indian industrial biomass boiler market appears strong, driven by continued investments in infrastructure and an increasing awareness of the advantages of renewable energy. As industries aim for greater sustainability and adherence to environmental standards, the industrial biomass boiler market is poised for further expansion, supporting India's transition to greener energy solutions.
SEGMENTATION ANALYSIS
The India industrial biomass boiler market segmentation includes feedstock, capacity, application, and type. The feedstock segment is further differentiated into woody biomass, agriculture biomass, and urban residue.
In India, woody biomass serves as a key feedstock for industrial biomass boilers, primarily sourced from agricultural plantations, forestry residues, and the timber processing industry. It is widely used in sectors such as paper manufacturing, textiles, and food processing. The availability of affordable raw materials like wood chips, sawdust, and forest residues facilitates biomass energy production, enabling industries to reduce their reliance on fossil fuels and enhance sustainability. Furthermore, government incentives aimed at promoting renewable energy adoption further encourage the use of woody biomass in industrial applications.
COMPETITIVE INSIGHTS
Some of the leading players operating in the India industrial biomass boiler market include Sigma Thermal, Babcock & Wilcox Enterprises Inc, Detroit Stoker Company, Hurst Boiler & Welding Co Inc, etc.
Sigma Thermal specializes in the design, engineering, supply, and servicing of industrial process heating systems, including thermal fluid systems, direct-fired heaters, process bath heaters, electric process heaters, biomass-fired energy systems, and waste heat recovery solutions. The company serves a diverse range of industries, such as power generation, aerospace, gas processing, petrochemical, and mining. While primarily operating in North America, Sigma Thermal also maintains offices in Dubai to support clients across Europe, the Middle East & Africa, and the Asia-Pacific. The company is headquartered in Marietta, Georgia, USA.
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. SCOPE OF STUDY
2.5. CRISIS SCENARIO ANALYSIS
2.5.1. IMPACT OF COVID-19 ON THE INDIA INDUSTRIAL BIOMASS BOILER MARKET
2.5.2. IMPACT OF RUSSIA-UKRAINE WAR ON THE INDIA INDUSTRIAL BIOMASS BOILER MARKET
2.6. MAJOR MARKET FINDINGS
2.6.1. FEEDSTOCK DIVERSIFICATION IN INDUSTRIAL BIOMASS BOILER
2.6.2. RESEARCH AND DEVELOPMENT INVESTMENTS - A TROPE IN INDUSTRIAL BIOMASS BOILER MARKET
2.6.3. INTEGRATION WITH RENEWABLE ENERGY SYSTEMS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. SUPPORT FROM GOVERNMENT REGULATIONS
3.1.2. COST EFFICIENCY & ENVIRONMENT FRIENDLINESS
3.1.3. ADVANCEMENTS IN TECHNOLOGY
3.2. KEY RESTRAINTS
3.2.1. HIGH INSTALLATION COSTS
3.2.2. TEDIOUS HANDLING PROCESS COMPARED TO TRADITIONAL BOILERS
3.2.3. HIGHER REQUIREMENT OF EFFICIENT MANAGEMENT SYSTEMS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. RISING ENVIRONMENTAL CONCERNS ARE AIDING THE INDUSTRIAL BIOMASS POWER MARKET
4.1.2. GROWTH IN DEMAND FROM BIOMASS DISTRICT HEATING
4.1.3. EARNING REVENUE STREAM FROM CARBON TRADING
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.3.1. GROWTH PROSPECT MAPPING FOR INDIA
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.6.1. FEEDSTOCK SUPPLIERS
4.6.2. COMPONENT SUPPLIERS
4.6.3. TECHNOLOGY PROVIDERS
4.6.4. MANUFACTURERS
4.6.5. DISTRIBUTORS
4.6.6. END-USERS
4.6.7. SERVICE PROVIDERS
4.7. KEY BUYING CRITERIA
4.7.1. FUEL FLEXIBILITY
4.7.2. COST STRUCTURE
4.7.3. THERMAL EFFICIENCY
4.7.4. CAPABILITY AND SCALABILITY
4.7.5. EMISSION STANDARD
4.7.6. EASE OF INSTALLATION
4.7.7. ANCILLARY SYSTEMS AND FEATURES
5. MARKET BY FEEDSTOCK
5.1. WOODY BIOMASS
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. AGRICULTURE BIOMASS
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. URBAN RESIDUE
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
6. MARKET BY CAPACITY
6.1. 2-10 MW
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. 10-25 MW
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. 25-50 MW
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
7. MARKET BY APPLICATION
7.1. COMBINED HEAT AND POWER (CHP) PRODUCTION
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. PULP & PAPER
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. POWER GENERATION
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENT ANALYSIS
7.4. SAWMILL
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENT ANALYSIS
7.5. BREWERY
7.5.1. MARKET FORECAST FIGURE
7.5.2. SEGMENT ANALYSIS
7.6. OTHER APPLICATIONS
7.6.1. MARKET FORECAST FIGURE
7.6.2. SEGMENT ANALYSIS
8. MARKET BY TYPE
8.1. STOKER BOILERS
8.1.1. MARKET FORECAST FIGURE
8.1.2. SEGMENT ANALYSIS
8.2. FLUIDIZED BED BOILERS
8.2.1. MARKET FORECAST FIGURE
8.2.2. SEGMENT ANALYSIS
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. ATTSU
9.2.1.1. COMPANY OVERVIEW
9.2.1.2. PRODUCT LIST
9.2.2. BABCOCK & WILCOX ENTERPRISES INC
9.2.2.1. COMPANY OVERVIEW
9.2.2.2. PRODUCT LIST
9.2.3. DETROIT STOKER COMPANY
9.2.3.1. COMPANY OVERVIEW
9.2.3.2. PRODUCT LIST
9.2.4. HURST BOILER & WELDING CO INC
9.2.4.1. COMPANY OVERVIEW
9.2.4.2. PRODUCT LIST
9.2.5. SIGMA THERMAL
9.2.5.1. COMPANY OVERVIEW
9.2.5.2. PRODUCT LIST
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - INDUSTRIAL BIOMASS BOILER
TABLE 2: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 3: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 4: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 5: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 6: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 7: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 8: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 9: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 10: LIST OF MERGERS & ACQUISITIONS
TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR INDIA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2024
FIGURE 9: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2025-2032 (IN $ MILLION)
FIGURE 10: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS, 2025-2032 (IN $ MILLION)
FIGURE 11: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2025-2032 (IN $ MILLION)
FIGURE 12: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2024
FIGURE 13: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2025-2032 (IN $ MILLION)
FIGURE 14: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 10-25 MW, 2025-2032 (IN $ MILLION)
FIGURE 15: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 25-50 MW, 2025-2032 (IN $ MILLION)
FIGURE 16: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2024
FIGURE 17: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY COMBINED HEAT AND POWER (CHP) PRODUCTION, 2025-2032 (IN $ MILLION)
FIGURE 18: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2025-2032 (IN $ MILLION)
FIGURE 19: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2025-2032 (IN $ MILLION)
FIGURE 20: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2025-2032 (IN $ MILLION)
FIGURE 21: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2025-2032 (IN $ MILLION)
FIGURE 22: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER APPLICATIONS, 2025-2032 (IN $ MILLION)
FIGURE 23: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2024
FIGURE 24: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY STOKER BOILERS, 2025-2032 (IN $ MILLION)
FIGURE 25: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY FLUIDIZED BED BOILERS, 2025-2032 (IN $ MILLION)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security