Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Industrial Biomass Boiler Market Outlook

The global industrial biomass boiler market is expected to grow at a CAGR of around 2.8% in the forecast period of 2024-2032.

Global Industrial Biomass Boiler Market

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The growing use of biomass, such as manure, to generate electricity and to produce biomass fuel is expected to boost the growth of the industrial biomass boiler market globally. The introduction of boiler standards across various regions is intended to enhance the growth of the industrial biomass boiler market further.

Properties and Applications

The biomass boiler is known as a biomass heating system. It generates heat by burning crop and forest waste like burning logs, wood pellets, etc. It primarily creates heat by burning wood. Biomass boilers are commonly used in hotels, fisheries, and households, among others. Furthermore, the biomass boiler helps to reduce greenhouse gas emissions due to its low carbon footprint.

Global Industrial Biomass Boiler Market By End Use

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The fuel types of industrial biomass boiler can be divided into:

  • Woody Biomass
  • Agricultural Residue

The industry can be broadly classified on the basis of its end-use segments into:

  • Pulp and Paper
  • Biorefineries
  • Sugar Mills
  • Rice Mills
  • Others

The EMR report looks into the regional markets of industrial biomass boiler like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Global Industrial Biomass Boiler Market By Region

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Industrial Biomass Boiler Market Analysis

The growing greenhouse gas emissions have led several agencies, like the United Nations (UN) and other organisations, to encourage more use of renewable energy sources. The adoption of these biomass boilers for waste management and the increasing demand for sustainable products are key factors propelling the demand growth and, thus, the expansion of the industrial biomass boiler industry.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global industrial biomass boiler market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Andritz AG
  • Babcock & Wilcox Enterprises Inc.
  • General Electric Co.
  • Thermax Ltd.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Fuel Type
  • End Use
  • Region
Breakup by Fuel Type
  • Woody Biomass
  • Agricultural Residue
Breakup by End Use
  • Pulp and Paper
  • Biorefineries
  • Sugar Mills
  • Rice Mills
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Andritz AG
  • Babcock & Wilcox Enterprises Inc.
  • General Electric Co.
  • Thermax Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global industrial biomass boiler market is projected to grow at a CAGR of around 2.8% between 2024 and 2032.

The major drivers of the market include the increasing use of renewable energy sources, increasing demand for sustainable products, and increasing focus of governments to reduce the dependency on fossil fuel.

The growing use of biomass to generate electricity and the introduction of boiler standards across various regions are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific.

The fuel types of industrial biomass boiler can be divided into woody biomass and agricultural residue.

The end-uses includes pulp and paper, biorefineries, sugar mills, and rice mills, among others.

The major players in the industry are Andritz AG, Babcock & Wilcox Enterprises Inc., General Electric Co., and Thermax Ltd., among others.

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