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The industrial biomass boiler market is driven by the capacity additions in sugar, rice, biorefinery, and pulp and paper industries. In addition, increasing power tariffs for industries and benefits of CHP is anticipated to boost the growth of the industrial biomass boiler market.
Sugar, rice, and pulp and paper mills are power-intensive industries, and most of these mills have a captive power plant, as they generate a large amount of agricultural residue and wooden biomass. These are agricultural residues and can be burnt as fuel in a biomass power plant. Similarly, pulp and paper mills generate large volumes of wooden biomass that can be processed to use in a biomass power plant. This is leading to increasing investments in the construction of new sugar and rice mills. Sugarcane is one of the major raw materials for ethanol production drives the demand for biomass boilers for cogeneration or CHP plants. Many paper mills are being set up in the country. All these factors are expected to significantly drive the growth of the global industrial biomass boiler market during the forecast period.
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Major Five Industrial Biomass Boiler Companies:
Andritz AG
Andritz AG operates business through Pulp & Paper, Metals, Hydro, and Separation. The company offers EcoFluid bubbling fluidized bed boilers.
Babcock & Wilcox Enterprises Inc.
Babcock & Wilcox Enterprises Inc. operates business through Babcock & Wilcox, Volund & Other Renewable, and SPIG. The company offers Renewable Energy Boilers.
Bharat Heavy Electricals Ltd.
Bharat Heavy Electricals Ltd. operates business through Power and Industry. The company offers an industrial biomass boiler with circulating fluidized bed combustion (CFBC) boiler technology.
Dongfang Electric Corp.
Dongfang Electric Corp. operates business through the Unified segment. The company offers Combined Grate Biomass Boiler.
Doosan Heavy Industries & Construction Co. Ltd.
Doosan Heavy Industries & Construction Co. Ltd. operates business through DHI, DI, DEC, and Cuvex. The company provides a variety of boiler models such as pulverized coal (PC) boilers, lignite boilers, oil boilers, and others.
Industrial Biomass Boiler Market End-user Outlook (Revenue, USD million, 2020-2025)
- Biorefineries - size and forecast 2020-2025
- Pulp and paper - size and forecast 2020-2025
- Sugar mills - size and forecast 2020-2025
- Rice mills - size and forecast 2020-2025
- Others - size and forecast 2020-2025
Industrial Biomass Boiler Market Type Outlook (Revenue, USD million, 2020-2025)
- Wooden biomass - size and forecast 2020-2025
- Agricultural residue - size and forecast 2020-2025
Industrial Biomass Boiler Market Geography Outlook (Revenue, USD million, 2020-2025)
- Europe - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
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