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Report
North America Industrial Biomass Boiler Market Forecast 2025-2032
Market Report I 2025-01-13 I 146 Pages I Inkwood Research
KEY FINDINGS
The North America industrial biomass boiler market is anticipated to develop with a CAGR of 9.71% over the forecast period of 2025-2032. The market was valued at $3799.22 million in 2024 and is expected to reach a revenue of $8000.33 million by 2032.
MARKET INSIGHTS
The North America industrial biomass boiler market is on a significant upward trajectory, driven by increasing energy demands, legislative support for renewable energy, and rising concerns about carbon emissions. With the market projected to grow substantially, the emphasis on biomass as a sustainable heating solution is becoming a priority for various industries. The market is also notable for its diversification in fuel sources, with wood-based materials and agricultural residues leading the way.
REGIONAL ANALYSIS
The growth assessment of the North America industrial biomass boiler market includes a comprehensive analysis of the United States and Canada.
In the United States, biomass boilers are receiving substantial backing from federal and state regulations designed to promote renewable energy adoption. The US Department of Agriculture (USDA) has introduced various programs supporting the integration of biomass energy in industrial processes. For example, the USDA has supported multiple biomass-based projects that convert agricultural waste into energy, showcasing effective utilization of available resources in states like California and Iowa. An exemplary project is the installation of a biomass boiler at a paper mill in Oregon, which has significantly reduced greenhouse gas emissions by using locally sourced wood waste for energy. This initiative not only provided energy cost savings for the mill but also supported local forest management practices, making it a successful model for sustainable development.
Canada is another key player in the North American biomass boiler market, leveraging its vast forestry resources to drive biomass energy initiatives. The Canadian government has implemented financial incentives aimed at encouraging industries to shift towards biomass boilers, especially in provinces like British Columbia. The province has established biomass as a critical component of its energy strategy, leading to the installation of several modern biomass facilities that utilize wood pellets and residues for energy production.
Technological advancements in biomass boiler designs have greatly improved efficiency and performance. Integrated systems that combine biomass boilers with combined heat and power (CHP) capabilities are becoming increasingly popular. These systems allow industries to generate both electricity and thermal energy, maximizing the overall utilization of biomass resources. Facilities in the food processing sector are beginning to adopt CHP systems for efficient energy management, demonstrating tangible benefits.
Despite the advancements and support for biomass energy, challenges remain in the North American market. High upfront capital costs associated with installing biomass boilers can deter some enterprises, particularly small and medium-sized businesses. Furthermore, volatility in biomass fuel availability and pricing could influence operational stability, presenting risks for dependability and cost management in energy sourcing.
Concerns regarding environmental sustainability associated with biomass sourcing have also surfaced. Although biomass is regarded as a renewable resource, there are ongoing discussions about ensuring responsible harvesting practices to avoid deforestation and maintain ecological balance. Regulatory frameworks are also evolving to address these issues and ensure that biomass energy contributes positively to the overall sustainability goals of the region.
SEGMENTATION ANALYSIS
The North America industrial biomass boiler market segmentation includes feedstock, capacity, application, and type. The application segment is further categorized into combined heat and power (CHP) production, pulp & paper, power generation, sawmill, brewery, and other applications.
In North America, combined heat and power (CHP) systems are essential for maximizing energy efficiency by producing electricity and thermal energy from a single biomass fuel source. Widely used in industries like food processing and manufacturing, biomass-fueled CHP systems reduce energy costs and greenhouse gas emissions. With federal incentives and renewable energy programs, their adoption aligns with the region's focus on sustainable industrial practices and energy efficiency.
The North America industrial biomass boiler market is well-positioned for continued growth and innovation. As industries seek to reduce their carbon impact and comply with stricter environmental regulations, the adoption of biomass systems is expected to rise. The increasing collaboration between governments, industry stakeholders, and research institutions will further foster the development of technologies and practices that enhance the sustainability of biomass utilization in the region.
COMPETITIVE INSIGHTS
The leading companies operating in the North America industrial biomass boiler market include Babcock & Wilcox Enterprises Inc, Hurst Boiler & Welding Co Inc, Industrial Boilers America, KMW Energy Group, etc.
Babcock & Wilcox Enterprises Inc (Babcock & Wilcox) is a leading provider of advanced technology solutions for both fossil and renewable power generation, as well as environmental equipment. The company offers a wide range of biomass-fired boiler products, including supercritical boilers, waste-to-energy boilers, heat recovery steam generators, package boilers, waste heat boilers, and process recovery boilers, among others. Additionally, Babcock & Wilcox provides air pollution control products and associated equipment.
The company also delivers a variety of services, such as field engineering, construction, plant operations and maintenance, and commissioning. Its products are used across several sectors, including coal and natural gas, biomass, municipal solid waste, and other renewable fuels. With operations in Canada, China, Mexico, Sweden, Denmark, Indonesia, and India, Babcock & Wilcox is headquartered in Charlotte, North Carolina, 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. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.4.1. IMPACT OF COVID-19 ON THE NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET
2.4.2. IMPACT OF RUSSIA-UKRAINE WAR ON THE NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET
2.5. MAJOR MARKET FINDINGS
2.5.1. FEEDSTOCK DIVERSIFICATION IN INDUSTRIAL BIOMASS BOILER
2.5.2. RESEARCH AND DEVELOPMENT INVESTMENTS - A TROPE IN INDUSTRIAL BIOMASS BOILER MARKET
2.5.3. 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. GROWING OPPORTUNITY FOR BIOMASS ENERGY IN NORTH AMERICA
4.1.2. RISING ENVIRONMENTAL CONCERNS ARE AIDING THE INDUSTRIAL BIOMASS POWER MARKET
4.1.3. GROWTH IN DEMAND FROM BIOMASS DISTRICT HEATING
4.1.4. 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 NORTH AMERICA
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
4.8. NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET REGULATORY FRAMEWORK
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. GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. MARKET SIZE & ESTIMATES
9.1.2. NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET DRIVERS
9.1.3. NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET CHALLENGES
9.1.4. KEY PLAYERS IN NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET
9.1.5. COUNTRY ANALYSIS
9.1.5.1. UNITED STATES
9.1.5.1.1. UNITED STATES INDUSTRIAL BIOMASS BOILER MARKET SIZE & OPPORTUNITIES
9.1.5.2. CANADA
9.1.5.2.1. CANADA INDUSTRIAL BIOMASS BOILER MARKET SIZE & OPPORTUNITIES
10. COMPETITIVE LANDSCAPE
10.1. KEY STRATEGIC DEVELOPMENTS
10.1.1. MERGERS & ACQUISITIONS
10.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
10.1.3. PARTNERSHIPS & AGREEMENTS
10.1.4. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
10.2.1. ATTSU
10.2.1.1. COMPANY OVERVIEW
10.2.1.2. PRODUCT LIST
10.2.2. BABCOCK & WILCOX ENTERPRISES INC
10.2.2.1. COMPANY OVERVIEW
10.2.2.2. PRODUCT LIST
10.2.3. COIMA SRL
10.2.3.1. COMPANY OVERVIEW
10.2.3.2. PRODUCT LIST
10.2.4. DETROIT STOKER COMPANY
10.2.4.1. COMPANY OVERVIEW
10.2.4.2. PRODUCT LIST
10.2.5. HURST BOILER & WELDING CO INC
10.2.5.1. COMPANY OVERVIEW
10.2.5.2. PRODUCT LIST
10.2.6. INDUSTRIAL BOILERS AMERICA
10.2.6.1. COMPANY OVERVIEW
10.2.6.2. PRODUCT LIST
10.2.7. KMW ENERGY GROUP
10.2.7.1. COMPANY OVERVIEW
10.2.7.2. PRODUCT LIST
10.2.8. MAWERA GMBH
10.2.8.1. COMPANY OVERVIEW
10.2.8.2. PRODUCT LIST
10.2.9. SAATOTULI CANADA ENTERPRISES INC
10.2.9.1. COMPANY OVERVIEW
10.2.9.2. PRODUCT LIST
10.2.10. SCHMID AG ENERGY SOLUTIONS
10.2.10.1. COMPANY OVERVIEW
10.2.10.2. PRODUCT LIST
10.2.11. SIGMA THERMAL
10.2.11.1. COMPANY OVERVIEW
10.2.11.2. PRODUCT LIST
10.2.12. TRIPLE GREEN PRODUCTS
10.2.12.1. COMPANY OVERVIEW
10.2.12.2. PRODUCT LIST
10.2.13. WELLONS CANADA
10.2.13.1. COMPANY OVERVIEW
10.2.13.2. PRODUCT LIST
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - INDUSTRIAL BIOMASS BOILER
TABLE 2: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 4: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 5: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 6: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 7: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 8: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 9: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 10: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 11: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
TABLE 12: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, FORECAST YEARS, 2025-2032 (IN $ MILLION)
TABLE 13: KEY PLAYERS OPERATING IN NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET
TABLE 14: LIST OF MERGERS & ACQUISITIONS
TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 17: 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 NORTH AMERICA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2024
FIGURE 9: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2025-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS, 2025-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2025-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2024
FIGURE 13: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2025-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY 10-25 MW, 2025-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY 25-50 MW, 2025-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2024
FIGURE 17: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY COMBINED HEAT AND POWER (CHP) PRODUCTION, 2025-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2025-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2025-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2025-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2025-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER APPLICATIONS, 2025-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2024
FIGURE 24: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY STOKER BOILERS, 2025-2032 (IN $ MILLION)
FIGURE 25: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, BY FLUIDIZED BED BOILERS, 2025-2032 (IN $ MILLION)
FIGURE 26: NORTH AMERICA INDUSTRIAL BIOMASS BOILER MARKET, COUNTRY OUTLOOK, 2024 & 2032 (IN %)
FIGURE 27: UNITED STATES INDUSTRIAL BIOMASS BOILER MARKET, 2025-2032 (IN $ MILLION)
FIGURE 28: CANADA INDUSTRIAL BIOMASS BOILER MARKET, 2025-2032 (IN $ MILLION)
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