Market Overview:
Circulating fluid bed boilers are gaining popularity in the market as they offer high efficiency and low emissions. The global circulating fluid bed boilers market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into subcritical, supercritical, and ultra-supercritical. The subcritical segment dominates the global circulating fluid bed boilers market owing to its lower capital cost and easy installation. However, with technological advancements being made in this field regularly, supercritical and ultra-supercritical segments are expected to grow at a higher CAGR during the forecast period. On the basis of application, oil & gas sector accounts for a major share of this market followed by chemicals sector.
Product Definition:
A circulating fluid bed boiler is a type of boiler in which the combustion takes place in a fluidized bed. The advantages of this type of boiler are that it is very efficient, and that it can be used to burn many different types of fuel.
Subcritical:
Subcritical is a low-temperature supercritical boiler with an advanced control system. It's operation at lower temperature reduces the flue gas emission and increases fuel efficiency. The boiler operates at a relatively low pressure of around 0.75 to 1 atmosphere, compared to the conventional high-pressure boilers which operate at around 15 atmosphere.
Supercritical:
Supercritical fluid is used in circulating fluid bed boilers to increase the efficiency of the heating process. The boiler operates at a temperature between 150°C and 200 °C, which is lower than that of normal steam boilers which operate at around 100 °C. Supercritical fluid has low viscosity and high thermal conductivity; it acts as a perfect medium for heat transfer.
The operating cost of supercritical boiler is much lower than that of sub critical.
Application Insights:
The manufacturing application segment dominated the global market in 2017, accounting for over 40% of the overall revenue share. The use of circulating fluid bed boilers has been gaining traction in various industries such as oil and gas, chemicals, food and beverage processing, metalworking and others due to their ability to provide high thermal efficiency with low operating costs.
Circulating fluid bed boilers are used for heating processes in several industries owing to their ability to provide high-temperature stability along with efficient heat transfer performance. These units offer a number of benefits including easy boiler installation coupled with ease of maintenance when compared to conventional water-based systems. Fluidized bed boilers also offer advantages such as shorter start-up time along with improved energy efficiency since they consume less fuel on a per unit basis than other technologies such as steam generators or reheat steam turbines do.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for heat and power in emerging economies, such as China and India. Increasing industrialization coupled with growing infrastructure development in these countries will drive product demand further.
The Asia Pacific was followed by Europe, which accounted for a revenue share of more than 20% in 2017 owing to high consumption levels of circulating fluid bed boilers across various end-use industries, including oil and gas, chemicals, manufacturing etc. In addition, factors such as favorable government policies regarding energy efficiency improvement are anticipated to boost industry expansion over the coming years.
North America is projected to witness significant growth during the forecast period owing to rising shale gas production coupled with increasing environmental regulations pertaining Circulating Fluid Bed Boilers (CFB) emissions standards set by Environment Protection Agency (EPA).
Growth Factors:
- Increasing demand for energy due to population growth and industrialization
- Stringent environmental regulations for emissions control
- Rising prices of fossil fuels
- Development of new CFB boiler technologies
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Circulating Fluid Bed Boilers Market Research Report
By Type
Subcritical, Supercritical, Ultra-supercritical
By Application
Oil and Gas, Chemicals, Manufacturing, Others
By Companies
Alfa Laval, Alstom, Dongfang Boiler Group, AE&E Nanjing Boiler, Babcock & Wilcox Enterprises, Mitsubishi Heavy Industries, Shanghai Boiler Works, Doosan Heavy Industries & Construction Company, Alfa Laval
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Circulating Fluid Bed Boilers Market Report Segments:
The global Circulating Fluid Bed Boilers market is segmented on the basis of:
Types
Subcritical, Supercritical, Ultra-supercritical
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Chemicals, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alfa Laval
- Alstom
- Dongfang Boiler Group
- AE&E Nanjing Boiler
- Babcock & Wilcox Enterprises
- Mitsubishi Heavy Industries
- Shanghai Boiler Works
- Doosan Heavy Industries & Construction Company
- Alfa Laval
Highlights of The Circulating Fluid Bed Boilers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Subcritical
- Supercritical
- Ultra-supercritical
- By Application:
- Oil and Gas
- Chemicals
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Circulating Fluid Bed Boilers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Circulating fluid bed boilers are a type of boiler that uses circulating water to heat the water. The water circulates around the boiler, and is heated by the steam that is produced. This type of boiler is often used in industrial settings, because it is efficient and reliable.
Some of the key players operating in the circulating fluid bed boilers market are Alfa Laval, Alstom, Dongfang Boiler Group, AE&E Nanjing Boiler, Babcock & Wilcox Enterprises, Mitsubishi Heavy Industries, Shanghai Boiler Works, Doosan Heavy Industries & Construction Company, Alfa Laval.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Circulating Fluid Bed Boilers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Circulating Fluid Bed Boilers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Circulating Fluid Bed Boilers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Circulating Fluid Bed Boilers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Circulating Fluid Bed Boilers Market Size & Forecast, 2020-2028
4.5.1 Circulating Fluid Bed Boilers Market Size and Y-o-Y Growth
4.5.2 Circulating Fluid Bed Boilers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Subcritical
5.2.2 Supercritical
5.2.3 Ultra-supercritical
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemicals
6.2.3 Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circulating Fluid Bed Boilers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Circulating Fluid Bed Boilers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Subcritical
9.6.2 Supercritical
9.6.3 Ultra-supercritical
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemicals
9.10.3 Manufacturing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Subcritical
10.6.2 Supercritical
10.6.3 Ultra-supercritical
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemicals
10.10.3 Manufacturing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Subcritical
11.6.2 Supercritical
11.6.3 Ultra-supercritical
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemicals
11.10.3 Manufacturing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Subcritical
12.6.2 Supercritical
12.6.3 Ultra-supercritical
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemicals
12.10.3 Manufacturing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Subcritical
13.6.2 Supercritical
13.6.3 Ultra-supercritical
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemicals
13.10.3 Manufacturing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Circulating Fluid Bed Boilers Market: Competitive Dashboard
14.2 Global Circulating Fluid Bed Boilers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alfa Laval
14.3.2 Alstom
14.3.3 Dongfang Boiler Group
14.3.4 AE&E Nanjing Boiler
14.3.5 Babcock & Wilcox Enterprises
14.3.6 Mitsubishi Heavy Industries
14.3.7 Shanghai Boiler Works
14.3.8 Doosan Heavy Industries & Construction Company
14.3.9 Alfa Laval
