Pune, India, May, 2018 /MRFR Press Release/- The scope of the study segments the global Circulating Fluid Bed Boilers Market by its material, product, manufacturing process, application and region. The report studies key players, providing a Future trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).
The size of CFB’s designed for lignite or coal which can vary in a range of steam capacity, from industrial to large-scale utility boilers. Additionally, many of the boilers designed for coal feature and others which adds fuels such as biomass and various types of waste which are co-fired simultaneously. Major industries that benefit from this technology include textiles, paper, fertilizer, chemicals and petroleum refining. Additionally, benefits such as solving energy crisis and decreased dependence on grid power push the market towards growth.
The thermal energy from water is converted into electricity through passage of steam into turbines in power plants. Circulating Fluid bed boilers has given boilers and power plant operators a greater flexibility in burning wide range of coal and other fuels. The circulating fluidized bed is a clean process with the ability to achieve lower emission pollutants. By using this technology more than 80% pollutants will be absorbed before released in the atmosphere. Global Circulating Fluid Bed Boilers market is expected to grow with the CAGR of approximately 2.5 % from 2017 to 2023.
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- Babcock & Wilcox Enterprises
- lfa Laval AB
- Alstom SA
- Dongfang Boiler Group Co., Ltd.
- AE&E Nanjing Boiler Co., Ltd
- Mitsubishi Heavy Industries, Ltd
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3… Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
The geographic market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW).North America region is the leading market for Circulating Fluid Bed Boilers market and is followed by Europe. Rising awareness for the need to control gas emission and increase operational efficiency are some of the factor driving the market towards growth.
Countries located in Asia Pacific is expected to account for higher share in the globally installed capacity base of CFB boilers. Moreover, rapid industrial development in the countries such as India and China where there are issues with continuous reliable electricity supply, is driving the demand for circulating fluid bed boilers. Also R&D activities will drive circulating fluid bed boilers market
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