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., and Thermax Ltd.
Decision Databases is involved in providing research reports and company profiles in the global circulating fluid bed boilers market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The circulating fluid bed boilers market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our circulating fluid bed boilers profiles.
SEGMENTATIONS IN REPORT:
Circulating Fluid Bed Boilers Market By Type
1. INTRODUCTION TO THE CIRCULATING FLUID BED BOILERS MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF CIRCULATING FLUID BED BOILERS
4. CIRCULATING FLUID BED BOILERS MARKET ANALYSIS BY TYPES
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