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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.
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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.
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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.
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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:
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| Breakup by Fuel Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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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