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Industrial Biomass Boiler Market

Global Industrial Biomass Boiler Market Size, Share, Growth: By Fuel Type: Woody Biomass, Agricultural Residue; By End Use: Pulp and Paper, Biorefineries, Sugar Mills, Rice Mills, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

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
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industrial Biomass Boiler Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Industrial Biomass Boiler Historical Market (2018-2023) 
    8.3    Global Industrial Biomass Boiler Market Forecast (2024-2032)
    8.4    Global Industrial Biomass Boiler Market by Fuel Type
        8.4.1    Woody Biomass
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Agricultural Residue
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Industrial Biomass Boiler Market by End Use
        8.5.1    Pulp and Paper
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Biorefineries
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Sugar Mills
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Rice Mills
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Industrial Biomass Boiler Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Industrial Biomass Boiler Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Industrial Biomass Boiler Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Industrial Biomass Boiler Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Industrial Biomass Boiler Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Industrial Biomass Boiler Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Andritz AG
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Babcock & Wilcox Enterprises Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     General Electric Company
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Thermax Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Industrial Biomass Boiler Market: Key Industry Highlights, 2018 and 2032
2.    Global Industrial Biomass Boiler Historical Market: Breakup by Fuel Type (USD Million), 2018-2023
3.    Global Industrial Biomass Boiler Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032
4.    Global Industrial Biomass Boiler Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Industrial Biomass Boiler Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Industrial Biomass Boiler Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Industrial Biomass Boiler Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Industrial Biomass Boiler Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Industrial Biomass Boiler Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Industrial Biomass Boiler Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Industrial Biomass Boiler Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Industrial Biomass Boiler Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Industrial Biomass Boiler Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Industrial Biomass Boiler Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Industrial Biomass Boiler Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Industrial Biomass Boiler Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Industrial Biomass Boiler Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Industrial Biomass Boiler Market Structure

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.

Analyst Review

The global industrial biomass boiler market has been driven by the growing use of biomass to generate electricity in the historical period. Aided by the increasing focus of governments to reduce the dependency on fossil fuel and the introduction of boiler standards, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 2.8%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 regional markets for the industrial biomass boiler market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The major players in the industry are Andritz AG, Babcock & Wilcox Enterprises Inc., General Electric Co., and Thermax Ltd., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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