Biomass Boiler Market is Projected to Reach US$ 10 Billion by 2024

New York, June 13, 2018: The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Advanced Recycling Equipment, Inc., Alstom SA, Baxi Group, Ecovision Systems Ltd., Energy Innovations (UK) Ltd, ETA Heiztechnik GmbH, Foster Wheeler AG, Garioni Naval SpA, Hurst Boiler & Welding Co, Inc., Jernforsen Energi System AB, Justsen Energiteknik A/S, Kohlbach Group, LAMBION Energy Solutions GmbH, Leroux & Lotz Technologies, Lin-Ka Maskinfabrik A/S, Mawera, Nexterra, Polytechnik GmbH, RENTECH Boiler Systems, Inc., Schmid Energy, The Babcock & Wilcox Company, Thermax Ltd, VAS Energy Systems International GmbH, Wellons, Inc., Wood Energy, and Zhengzhou Boiler Co., Ltd. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

Biomass boilers are used to burn logs, chips or wood pellets to produce heat for heating water or power heating. The installation of a biomass boiler is very easy. It is a larger as compare to ordinary gas, hence sufficient space will be required for fuel store and boiler. Biomass boilers are very famous because it emits low carbon dioxide. Biomass boilers are installed in many areas such as commercial building, district heating, colleges, hospitals, hotels, farms, community centers and households. Many factors are to be considering while selecting biomass boilers such as quality of wood fuel, space, planning and type of wood fuel.

The biomass boiler market is expected to exceed more than US$ 10 Billion by 2024; Growing at a CAGR of more than 18% in the given forecast period.

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The major driving factors of biomass boiler market are as follows:

Tax enticement and feed in tariffs
Government support and regulatory framework

The restraining factors of biomass boiler market are as follows:

Biomass fuel storage, handling and supply challenges hampering requirement for biomass boilers.

The scope of the report includes a detailed study of global and regional markets for various types of biomass boilers with the reasons given for variations in the growth of the industry in certain regions.

The Biomass Boiler Market has been segmented as below:

By Application Analysis

Power Generation
Heating

By Product type Analysis

Circulating Fluidized Bed (CFB) Boilers
Bubbling Fluidized Bed (BFB) Boilers
Stoker Boilers

By Feedstock type Analysis

Urban Residues
Biogas and Energy Crops
Agriculture and Forest Residues
Woody Biomass
Other

By End user Analysis

Industrial
Commercial
Residential

By Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

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This report provides:

An overview of the global market for biomass boiler and related technologies.

Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.

Identifications of new market opportunities and targeted promotional plans for biomass boiler.

Discussion of research and development, and the demand for new products and new applications.

Comprehensive company profiles of major players in the industry.

Reasons to Buy this Report:

1) Obtain the most up to date information available on all biomass boiler market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of biomass boiler data.
4) Assess your competitor’s refining portfolio and its evolution.

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Source: http://heraldkeeper.com/biomass-boiler-market-is-projected-to-reach-us-10-billion-by-2024

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