The global market of Circulating Fluid Bed Boilers Market is estimated to grow at A CAGR of 2.5% by the end of year 2023. Energy management is a worldwide project nowadays and in the foreseeable future. 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.
CFB Boiler is characterized by its compatibility with variety of fuels including low grade coal biomass and others whereas, conventional boilers for power generation are available only for fossil fuels such as high grade coal and oil and gas. Circulating Fluidized Bed (CFB) boilers using fossil and renewable energy sources have been successful in operation for the last two decades and have become popular due to their impressive environmental performance as well as their fuel flexibility.
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Key Players:
The major players operating in the market of global circulating fluid bed boilers are Alfa Laval AB (Sweden), Alstom SA (France), Dongfang Boiler Group Co., Ltd. (China), AE&E Nanjing Boiler Co., Ltd (China), Babcock & Wilcox Enterprises (U.S.), Bharat Heavy Electricals Limited (India), Mitsubishi Heavy Industries, Ltd (Japan), Shanghai Boiler Works Co., Ltd (China), Thermax. D Ltd (India) and Doosan Heavy Industries & Construction Company Limited (UAE)
Segmental Analysis:
The global market of Circulating Fluid Bed Boilers Market has been segmented on the basis of type, application, feedstock and region.
On the basis of type, the market has been segmented into subcritical, supercritical, ultra-supercritical.
On the basis of application, the industry has been segmented as oil and gas, chemicals, manufacturing, others.
On the basis of feedstock, the market has been segmented as coal, petcoke, biomass.
Based on region, the global Circulating Fluid Bed Boilers market cover growth opportunities and latest trends across North America, Europe, Asia Pacific and the Rest of the World.
Regional 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
Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
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
4 Global Circulating Fluid Bed Boilers Market, By Type
4.1 Introduction
4.2 Subcritical
4.3 Supercritical
4.4 Ultra-Supercritical
Continue…
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