The report on the Global Circulating Fluid Bed Boilers Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Circulating fluid bed (CFD) is a process of providing boilers and power plants flexibility and reducing harmful gas emissions. Circulating fluid bed boilers operate at relatively lower temperatures as compared to conventional boilers and reduce the gas emission levels. The low emission of gases such as carbon dioxide, sulfur dioxide and nitrogen dioxide make circulating fluid bed boilers environmentally friendly. In addition, the circulating fluid bed boilers help to reduce the operational cost of boilers in power plants.
The circulating fluid bed boilers market is segmented by products as subcritical circulating fluid bed boilers, supercritical circulating fluid bed boilers and ultra-supercritical circulating fluid bed boilers. Supercritical and ultra-supercritical boilers are used in high to very high megawatt plants to improve fuel efficiency and reduce gas emission. Therefore, supercritical and ultra-supercritical boilers are expected to grow during the forecast period. The circulating fluid bed boilers market is classified by application as oil and gas industry, chemical industry, manufacturing and others. The oil and gas industry has the largest market share. The chemical industry is expected to grow during the forecast period.
The key drivers influencing the growth of circulating fluid bed boilers market are stringent government rules governing the emission of the gases and the energy saving techniques offered by circulating fluid bed boilers. The requirement to reduce carbon footprint and emissions of poisonous gases also help to boost the industry. The depleting energy resources such as coal, natural gas is also helping to boost the market.
The North American market has the leading companies in circulating fluid bed boilers market that adopted this technology much earlier due to stringent gas emission laws. Hence, North America is the major geographic market for circulating fluid bed boilers. The Asia Pacific region is expected to grow during the forecast period. It is due to the factors such as presence of developing countries in this region and rising industrial demands.
The key players operating in the market are:
- Alfa Laval AB
- Alstom SA
- AE&E Nanjing Boiler Co. Ltd.
- Babcock & Wilcox Enterprises, Inc.
- Bharat Heavy Electricals Limited (BHEL)
- DongFang Boiler Group Co. Ltd.
- Doosan Heavy Industries and Construction Co. Ltd.
- Formosa Heavy Industries Corp
- Amec Foster Wheeler plc
- Harbin Boiler Engineering Co., Ltd.
- Metso Oyj
- Mitsubishi Heavy Industries, Ltd.
- Shanghai Boiler Works Co., Ltd.
- Thermax Ltd.
SEGMENTATIONS IN REPORT:
Circulating Fluid Bed Boilers Market By Type
- Subcritical
- Supercritical
- Ultra-Supercritical
Circulating Fluid Bed Boilers Market By Application
- Oil And Gas
- Chemicals
- Manufacturing
- Others
Circulating Fluid Bed Boilers By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
The Global Circulating Fluid Bed Boilers Market has been exhibited in detail in the following chapters -
Chapter 1 Circulating Fluid Bed Boilers Market Preface
Chapter 2 Executive Summary
Chapter 3 Circulating Fluid Bed Boilers Industry Analysis
Chapter 4 Circulating Fluid Bed Boilers Market Value Chain Analysis
Chapter 5 Circulating Fluid Bed Boilers Market Analysis By Type
Chapter 6 Circulating Fluid Bed Boilers Market Analysis By Application
Chapter 7 Circulating Fluid Bed Boilers Market Analysis By Geography
Chapter 8 Competitive Landscape Of Circulating Fluid Bed Boilers Companies
Chapter 9 Company Profiles Of Circulating Fluid Bed Boilers Industry