ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET FORECAST 2023-2032
SCOPE OF THE REPORT
Asia-Pacific Industrial Biomass Boiler Market by Feedstock (Woody Biomass, Agriculture Biomass, Urban Residue) Market by Capacity (2-10 MW, 10-25 MW, 25-50 MW) Market by Application (Pulp & Paper, Brewery, Sawmill, CHP Production, Power Generation, Other Applications) by Geography
REPORTS » ENERGY, POWER & UTILITIES » BIOFUELS » ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET FORECAST 2023-2032
MARKET OVERVIEW
The Asia-Pacific industrial biomass boiler market is anticipated to be valued at $xx million by 2032, predicted to escalate with a 12.34% CAGR during the assessment period, 2023-2032.
The Asia-Pacific industrial biomass boiler market is seeing a surge due to the increasing need for biomass-based energy sources. The dwindling fossil fuel reserves and ever-growing energy demands in countries such as China and India bring this on. Adopting biomass boilers has been identified as one of the major factors driving the growth of the Asia-Pacific industrial biomass boiler market.
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The Asia-Pacific industrial biomass boiler market growth analysis includes the evaluation of Japan, Australia, South Korea, China, India, and Rest of Asia-Pacific. In China, fossil fuel reserves are not able to keep up with energy demands, leading to a greater focus on utilizing biomass derived from bioproducts. As per BP statistical review, most energy sources stem from crude oil and coal. To meet these needs, the Chinese government has implemented plans supporting biomass use, which, in turn, helps drive growth in the China industrial biomass boiler market.
The Japanese bioenergy industry is also a major factor driving growth in the Japan industrial biomass boiler market as it receives various schemes and protocols from the government that promote its usage.
The Asia-Pacific industrial biomass boiler market assessment entails segmentation by applications, capacity, and feedstock. Market by capacity includes 25-50 MW, 10-25 MW, and 2-10 MW.
A boiler capacity of 2-10 MW is typically used for hot water and steam boilers, working with low-grade biomass with higher moisture content (up to 55% wet base). These boilers occupy minimal space and offer easy relocation for users if needed. Fuels include wood chips, waste wood, pellets, energy crops and other agricultural waste with high humidity content.
The global demand for small scale heating systems is feeding into a high growth rate in the 2-10 MW industrial biomass boiler market. According to World Bioenergy Association (WBA), more than 75% of overall biomass is used for cooking and small scale heating devices. Compared to larger boilers, the low capital cost associated with these types of boilers has also fuelled demand for them in the market.
Leading firms operating in the Asia-Pacific industrial biomass boiler market ESI Scotland, Ecovision Systems Ltd, FSE Energy Inc, Outotec Oyj, etc.
Outotec Oyj (Outotec) provides technologies and services for the minerals and metals processing industries. Its Waste to Energy Plants can handle fuel with high moisture or ash content along with calorific values ranging from 8-30 MJ/kg while keeping emissions at low levels and carbon burnout at over 99%. The company serves companies in the mining and chemical industries and those utilizing alternative energy sources across Europe, the Middle East, Africa, the Americas, and Asia-Pacific.
Outotec Waste to Energy Plants work with difficult fuels, for instance, high moisture or ash content. It also offers the possibility to use fuels over a large range of calorific values, from 8 to 30 MJ/kg. In addition to this, it also boasts minimal emissions and low carbon in ash, with over 99% carbon burn-out. It ensures compliance according to local regulations, such as the EU WID (Waste Incineration Directive).
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2023-2032 |
Base Year | 2022 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Feedstock, Capacity, and Application |
Countries Analyzed | China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific |
Companies Analyzed | Aalborg Energie Technik A/S, AFS Energy Systems, Alstom SA, Andritz AG, Babcock Power Inc, Clyde Bergemann Power Group Inc, Constructions Industrielles de la, Ecovision Systems Ltd, English Boiler and Tube Inc (Acquired by Superior Boiler), ESI Scotland, ETA Heiztechnik GmbH, FSE Energy Inc, Hurst Boiler and Welding Inc, Outotec Oyj |
TABLE OF CONTENT
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
MARKET DYNAMICS
- KEY DRIVERS
- SUPPORT FROM GOVERNMENT REGULATIONS
- COST-EFFICIENCY & ENVIRONMENT FRIENDLY
- IMPROVEMENTS IN TECHNOLOGY
- KEY RESTRAINTS
- HIGH INSTALLATION COSTS
- TEDIOUS TO HANDLE THAN TRADITIONAL BOILERS
- REQUIRES EFFICIENT MANAGEMENT SYSTEMS
- KEY DRIVERS
KEY ANALYTICS
- IMPACT OF COVID-19 ON INDUSTRIAL BIOMASS BOILER MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- KEY BUYING CRITERIA
- REGULATORY FRAMEWORK
MARKET BY FEEDSTOCK
- WOODY BIOMASS
- AGRICULTURE BIOMASS
- URBAN RESIDUE
MARKET BY CAPACITY
- 2-10 MW
- 10-25 MW
- 25-50 MW
MARKET BY APPLICATION
- PULP & PAPER
- BREWERY
- SAWMILL
- CHP PRODUCTION
- POWER GENERATION
- OTHER APPLICATIONS
GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- AUSTRALIA
- REST OF ASIA-PACIFIC
- ASIA-PACIFIC
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- AALBORG ENERGIE TECHNIK A/S
- AFS ENERGY SYSTEMS
- ALSTOM SA
- ANDRITZ AG
- BABCOCK POWER INC
- CLYDE BERGEMANN POWER GROUP INC
- CONSTRUCTIONS INDUSTRIELLES DE LA
- ECOVISION SYSTEMS LTD
- ENGLISH BOILER AND TUBE INC (ACQUIRED BY SUPERIOR BOILER)
- ESI SCOTLAND
- ETA HEIZTECHNIK GMBH
- FSE ENERGY INC
- HURST BOILER AND WELDING CO INC
- OUTOTEC OYJ
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – INDUSTRIAL BIOMASS BOILER
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 11: LEADING PLAYERS OPERATING IN ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2022
FIGURE 7: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2023-2032 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS, 2023-2032 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2023-2032 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2022
FIGURE 11: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2023-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY 10-25 MW, 2023-2032 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY 25-50 MW, 2023-2032 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 15: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2023-2032 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2023-2032 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2023-2032 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY CHP PRODUCTION, 2023-2032 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2023-2032 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 22: CHINA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 23: JAPAN INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: INDIA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 25: SOUTH KOREA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 26: AUSTRALIA INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
FIGURE 27: REST OF ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, 2023-2032 (IN $ MILLION)
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