October 17, 2019
According to the latest study titled ‘Global (United States, European Union and China) Circulating Fluidized Bed Boiler Market Research Report 2019-2025’ available with Market Study Report LLC, the global circulating fluidized bed boiler market is estimated to grow substantially by the year 2025.
Circulating fluidized bed (CFB) is the upcoming technology for combustion of coal while keeping the emissions under control. The fluidized bed is reported to absorb 95% of pollutants before discharging emission to the atmosphere. These CFB boilers are highly effective and are used for multi-fuel combustion of waste and biofuels. Due to economical capital costs involved in the setup and operation of CFB boilers, this technology has experienced an increased adoption across various applications. Low emission of gases such as nitrogen dioxide, carbon dioxide and sulphur dioxide, along with the flexibility to burning wide range of fuels are the key factors propelling the growth of circulating fluidized bed boiler market.
The study analyzes CFB boiler market for revenue shares, capacity patterns, production & consumption graphs, and growth rates for each segment and manufacturer. It also provides a detailed synopsis of trends, challenges, threats, and forces impacting the market growth.
Based on type, the circulating fluidized bed boiler market is segmented as supercritical, subcritical and ultra-supercritical. While based on application spectrum, the market is divided into petcoke, coal, and biomass, wherein, the coal segment accounted for the major market contribution in 2017, claims the report.
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Considering the geographical landscape, the global CFB boiler industry is fragmented into regions, namely, China, Unties States, European Union, and rest of the world including Japan, Korea, India and Southeast Asia. As per the report, Asia Pacific CFB boiler market is presumed to gain momentous growth over the forecast period.
Some of the vendors that operate in the circulating fluidized bed boiler market are Babcock & Wilcox Enterprises, Amec Foster Wheeler, Dongfang Boiler Group, General Electric, BHEL, AE&E Nanjing Boiler, Doosan Lentjes, Cethar, Emerson, E.ON, F&H Crone B.V., JFE Engineering, Formosa Heavy Industries, Siemens, Mitsubishi Hitachi Power System, TOSHIBA, Valmet, and Thermax.
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