|03-15-2019 12:02 PM CET - Energy & Environment||
Circulating Fluid Bed Boilers Market – Insights On Future Scope 2023 |Alfa Laval AB, Alstom SA, Dongfang Boiler Group Co., AE&E Nanjing Boiler Co., Babcock & Wilcox Enterprises, Bharat Heavy Electricals Ltd.
Press release from: Market Research Future
Market Research Future analysis states that 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. 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. CFB Boiler, also circulating fluidized bed boilers, widely applied in oil & gas, chemicals, manufacturing and others. This allows for a wide range of fuels to be burned efficiently. This includes low-grade and difficult-to-burn fuels such as lignite, petroleum coke, oil shale, and biomass within a wide range of mixing rates.
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Circulating Fluidized Bed (CFB) boiler has played an important role in high efficient utilizing of coal resource due to its excellent fuel flexibility and environmental friendly performance. It developed as the beneficial supplement of pulverized coal boiler rapidly. The global Circulating Fluid Bed Boilers market is poised to grow at an estimated CAGR of 2.5% through the forecast period.
The prominent players in the circulating fluid bed boilers market 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)
Global circulating fluid bed boilers market segmented on the basis of type, feedstock, application and region.
On the basis of type, the circulating fluid bed boilers market segments into subcritical, supercritical and ultra-supercritical.
By feedstock, the market is segmented into coal, petcoke and biomass.
By application, the circulating fluid bed boilers market segments into oil and gas, chemicals and manufacturing.
Geographically, the global circulating fluid bed boilers market has been segmented into four major regions such as Asia Pacific (APAC), Europe, North America, and the rest of the world.
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.
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Global Circulating Fluid Bed Boilers Market Major Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
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
5 Global Circulating Fluid Bed Boilers Market, By Feed Stock
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