Installed Base of Circulating Fluidized Bed (CFB) Boilers to Rise Swiftly in Developing Countries, reports TMR
View Full Report: http://www.transparencymarketresearch.com/cfb-market.html
The energy sector is currently focusing on increasing the power output of various CFB boilers and at the same time ensuring the reduction of emissions. A high degree of competition therefore prevails currently in the market. However, TMR expects the degree of competition in the CFB boilers market to be medium in the forthcoming years.
Infrastructural Development in Emerging Economies and Rising Environmental Concerns Fuel Demand for CFB Boilers
Opportunities in developing regions have proven exceptionally lucrative for the CFB boilers market. A lead analyst at TMR said, “Asia Pacific boasts a high demand for industrial and infrastructural progress that have significantly contributed in making the region one of the fastest growing markets for CFB boilers.” The region exhibits high demand for energy rising from industries such as automotive, manufacturing, infrastructure, steel, and oil and gas. With the energy requirements projected to increase in the forthcoming years, the CFB market sees huge growth potential in Asia Pacific.
Request a Sample PDF for Research Report & Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1326
The analyst further said, “Demand for CFB boilers will increase in response to the rising environmental concerns and implementation of stringent emission control norms.” While industrial growth and commercialization continue to remain indispensable aspects for economic growth, harmful emissions from industries have been creating alarm globally. Various international organizations have thus come forward to curb emission of hazardous substance from industries. Since installing CFB boilers reduces the impact of industrial processes on environment, their demand is anticipated to increase at a robust pace in the forthcoming years. Besides these, CFB boilers also have low running cost, higher reliability, and better fuel flexibility, which also augur well for the market.
High Maintenance Cost of CFB Boilers May Limit their Installation
Despite exhibiting significant advantages over its substitutes, the high maintenance cost of a CFB boiler is its most notable drawback. The boilers designed for subcritical operations however require lesser maintenance cost as the process condition they operate in does not affect boiler walls for longer periods. Contrary to this, the supercritical and ultrasupercritical boilers usually operate under extreme conditions. Oxidation, heat, and other similar factors affect these boilers at a higher rate than their subcritical counterparts. This results in rusting and thus quicker erosion of reactor walls, which fuels their overall maintenance costs.
Ask for Discount for Premium Research Report (US$ 5795) With Complete TOC: http://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1326
Nevertheless, with the emphasis on clean energy increasing globally, TMR expects the deployment of CFB boilers to considerably increasing in the forthcoming years.
China, Japan, and Australia together held the largest installed base for CFB boilers in 2014. The segment encompassing these countries accounted for a share of 34.67% in the market in the year. The development of power markets in India and China is projected to give significant impetus to the market for CFB boilers in Asia. By application, the market was led by the oil and gas industry in 2014.
According to TMR, in 2014 the global installed capacity of CFB boilers stood at 92.0 GWe. Exhibiting a CAGR of 11.25% between 2015 and 2023, the global CFB installed capacity is expected to reach 241.9 GWe by the end of 2023.
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Installed Base of Circulating Fluidized Bed (CFB) Boilers to Rise Swiftly in Developing Countries, reports TMR here
News-ID: 712642 • Views: 203
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to
More Releases for CFB
CFB Boiler Market 2020 Competitive Analysis - Foster Wheeler, Alstom, Babcock, D …
The CFB Boiler Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Get Sample Copy of this
Investigation announced for Investors in shares of CrossFirst Bankshares, Inc. ( …
An investigation was announced concerning potential securities laws violations by CrossFirst Bankshares, Inc. in connection with certain financial statements. Investors who purchased shares of CrossFirst Bankshares, Inc. (NASDAQ: CFB), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on whether certain statements by CrossFirst Bankshares, Inc. regarding its business, its prospects and its operations were materially false
CFB Boiler Market Size 2020-26, Foster Wheeler, Alstom, Babcock
The latest study on the Global CFB Boiler market report represents a deep appraisal of the international industry. The research report on the worldwide CFB Boiler market 2020-2026 sheds light on qualitative as well as quantitative insights, historical CFB Boiler industry status and authorized projection related to the CFB Boiler market size. Each and every segment exhibited in this report are discovered through verifiable research methods and techniques. It also
Circulating Fluidized Bed (CFB) Boilers Market: Applications, Types, Growth, Tre …
Circulating Fluidized Bed (CFD) is a process of providing boilers and power plants maximum flexibility in burning variety of fuels. The CFB boilers market has seen a significant growth over the past three years due to increased need for power. Additionally, companies are using CFB boilers to adhere stringent government regulations pertaining to gas emission which is also a driving factor. CFB boilers operate at relatively lower temperatures as compared to
Complete Industry Analysis of Global Circulating Fluidized Bed (CFB) Sales Marke …
The Global Circulating Fluidized Bed (CFB) Sales Market Report 2018 is a professional and in-depth study on the current state of the Circulating Fluidized Bed (CFB) industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Circulating Fluidized Bed (CFB) Industry analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as
Strategic Overview of CFB Boiler Industry | 2016 - 2021
Report Brief: Global CFB Boiler Industry 2016 Market Research Report was a professional and depth research report on Global CFB Boiler industry that you would know the world's major regional market conditions of CFB Boiler industry, the main region including North American, Europe and Asia etc, and the main country including United States ,Germany ,Japan and China etc. The report firstly introduced CFB Boiler basic information including CFB Boiler definition, classification, application