Market Overview:
The global woody biomass boiler market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using woody biomass boilers. The global woody biomass boiler market can be segmented by type, application, and region. By type, the market can be divided into vertical boilers and horizontal boilers. By application, the market can be classified into power plants, chemical industry, and other applications. The power plant segment is expected to account for a major share of the global woody biomass boiler market in terms of revenue due to rising demand for electricity worldwide. In terms of region, North America is projected to lead the global woody biomass boiler market during the forecast period owing to stringent regulations mandating use of renewable energy sources in countries such as Canada and U.S.
Product Definition:
A Woody Biomass Boiler is a boiler that uses woody biomass as its fuel. Woody biomass includes any type of woody material, such as lumber scraps, pallets, tree branches, and leaves. The importance of a Woody Biomass Boiler lies in its ability to convert these materials into heat energy, which can then be used to power buildings or generate electricity.
Vertical Boiler:
Vertical boiler is a type of boiler used to generate steam vertically, i.e., with the help of a verticalizer or inclined containment vessel. The concept behind vertical boilers is simple; they are boilers that utilize the available space within a building for generating steam which drives an engine to produce electricity. Vertical boilers have numerous advantages over their horizontal counterparts including lower floor space requirements and less requirement for external support structures (such as cooling towers).
Horizontal Boiler:
Horizontal boiler is used in the industry for biomass power plants. It is a type of boiler used to generate steam which can be utilized to run turbines and produce electricity. The woody biomass can be either processed as a whole or split into pellets, chips or even sawdust and straw.
Application Insights:
The power plant application segment led the market and accounted for more than 54% share of the global revenue in 2017. The use of wood as a fuel in power plants has been gaining traction since the early 2000s owing to its lower cost, easy availability, and higher efficiency compared to other fuels such as coal. Furthermore, government support for promoting energy generation from wood biomass is expected to boost industry growth over the forecast period.
Woody biomass boiler finds major applications in chemical industries wherein it is used for generating heat and steam that drives various processes including distillation column operations, drying process on racks where wooden drums are used for heating or cooling process water across several industries such as pulp & paper manufacturing where it is replaced by fossil fuel boilers when possible due to environmental concerns regarding greenhouse gas emissions during combustion.
Regional Analysis:
North America dominated the market in terms of revenue with a share of over 40.0% in 2017 owing to the increasing demand for wood pellets from power plants and chemical industries. The U.S., which is one of the major consumers, has witnessed an increase in pellet production owing to growing domestic demand coupled with government support for increased production capacity.
The Asia Pacific regional market is expected to witness significant growth over the forecast period due to rising population and economic development across countries such as China, India, Indonesia, Vietnam and Thailand among others will drive power consumption across industries such as heat & power generation sector which will further boost industry growth over next eight years till 2030 time frame.
Growth Factors:
- Increasing demand for renewable energy sources to reduce greenhouse gas emissions
- Government initiatives and subsidies for installation of biomass boilers
- Growing popularity of wood-fired heating systems among homeowners and businesses
- Rising prices of traditional fuels such as natural gas and oil, making biomass boilers more cost-effective
- Advances in technology that have made biomass boilers more efficient and reliable
Scope Of The Report
Report Attributes
Report Details
Report Title
Woody Biomass Boiler Market Research Report
By Type
Vertical Boiler, Horizontal Boiler
By Application
Power Plant, Chemical Industry, Other
By Companies
Baxi Group, Foster Wheeler AG, Hurst Boiler & Welding Co, Inc, Alstom SA, Ecovision Systems, Kohlbach Group, Schmid Energy, Thermax Ltd, Energy Innovations(UK) Ltd, ETA Heiztechnik GmbH, Baxi Group, Justsen Energiteknik A/S, Lambion Energy Solutions Gmbh, Wellons, Inc, Wood Energy
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Woody Biomass Boiler Market Report Segments:
The global Woody Biomass Boiler market is segmented on the basis of:
Types
Vertical Boiler, Horizontal Boiler
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
Power Plant, Chemical Industry, Other
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:
- Baxi Group
- Foster Wheeler AG
- Hurst Boiler & Welding Co, Inc
- Alstom SA
- Ecovision Systems
- Kohlbach Group
- Schmid Energy
- Thermax Ltd
- Energy Innovations(UK) Ltd
- ETA Heiztechnik GmbH
- Baxi Group
- Justsen Energiteknik A/S
- Lambion Energy Solutions Gmbh
- Wellons, Inc
- Wood Energy
Highlights of The Woody Biomass Boiler 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:
- Vertical Boiler
- Horizontal Boiler
- By Application:
- Power Plant
- Chemical Industry
- Other
- 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 Woody Biomass Boiler 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
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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?
Woody biomass boiler is a type of biomass boiler that uses wood as the primary fuel source. Woody biomass boilers are typically smaller and more efficient than traditional coal or gas-fired boilers, and they produce less pollution.
Some of the major companies in the woody biomass boiler market are Baxi Group, Foster Wheeler AG, Hurst Boiler & Welding Co, Inc, Alstom SA, Ecovision Systems, Kohlbach Group, Schmid Energy, Thermax Ltd, Energy Innovations(UK) Ltd, ETA Heiztechnik GmbH, Baxi Group, Justsen Energiteknik A/S, Lambion Energy Solutions Gmbh, Wellons, Inc, Wood Energy.
The woody biomass boiler market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Woody Biomass Boiler 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 Woody Biomass Boiler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Woody Biomass Boiler 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 Woody Biomass Boiler 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 Woody Biomass Boiler Market Size & Forecast, 2020-2028
4.5.1 Woody Biomass Boiler Market Size and Y-o-Y Growth
4.5.2 Woody Biomass Boiler 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 Vertical Boiler
5.2.2 Horizontal Boiler
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 Power Plant
6.2.2 Chemical Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Woody Biomass Boiler 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 Woody Biomass Boiler 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 Vertical Boiler
9.6.2 Horizontal Boiler
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 Power Plant
9.10.2 Chemical Industry
9.10.3 Other
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 Vertical Boiler
10.6.2 Horizontal Boiler
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 Power Plant
10.10.2 Chemical Industry
10.10.3 Other
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 Vertical Boiler
11.6.2 Horizontal Boiler
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 Power Plant
11.10.2 Chemical Industry
11.10.3 Other
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 Vertical Boiler
12.6.2 Horizontal Boiler
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 Power Plant
12.10.2 Chemical Industry
12.10.3 Other
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 Vertical Boiler
13.6.2 Horizontal Boiler
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 Power Plant
13.10.2 Chemical Industry
13.10.3 Other
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 Woody Biomass Boiler Market: Competitive Dashboard
14.2 Global Woody Biomass Boiler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baxi Group
14.3.2 Foster Wheeler AG
14.3.3 Hurst Boiler & Welding Co, Inc
14.3.4 Alstom SA
14.3.5 Ecovision Systems
14.3.6 Kohlbach Group
14.3.7 Schmid Energy
14.3.8 Thermax Ltd
14.3.9 Energy Innovations(UK) Ltd
14.3.10 ETA Heiztechnik GmbH
14.3.11 Baxi Group
14.3.12 Justsen Energiteknik A/S
14.3.13 Lambion Energy Solutions Gmbh
14.3.14 Wellons, Inc
14.3.15 Wood Energy
