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Global Industrial Biomass Boiler Market 2019-2023

Global Industrial Biomass Boiler Market 2019-2023

Global Industrial Biomass Boiler Market: About this market

Industrial biomass boiler is used in biomass heat and power plants or cogeneration plants to combust agricultural residue and wooden biomass. Technavio’s industrial biomass boiler market analysis considers sales from end-users including biorefineries, pulp and paper, sugar mills, rice mills, and others. Our analysis also considers the sales of industrial biomass boiler in APAC, Europe, North America, South America, and MEA. In 2018, the biorefineries segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing demand for biofuels such as ethanol and biodiesel from the transportation sector will play a significant role in the biorefineries segment to maintain its market position. Also, our global industrial biomass boiler market report looks at factors such as capacity additions in sugar, rice, biorefinery, and pulp and paper industries, increasing power tariffs for industries and benefits of CHP, and increasing government support for renewable energy, including biomass power. However, the requirement of minor modifications for converting coal or thermal power plants into biomass power plants, high logistics costs and underdeveloped supply chain for biomass feedstock, and high operational and maintenance costs of biomass power plants may hamper the growth of the industrial biomass boiler industry over the forecast period.

Global Industrial Biomass Boiler Market: Overview

Capacity additions in sugar, rice, biorefinery, and pulp and paper industries

A significant amount of agricultural residue and wooden biomass is produced from rice, biorefinery, and pulp and paper industries. This can be used as fuel in biomass plants. The capacity addition of these industries will generate more agricultural residue and wooden biomass, which can be later used in biomass plants. This will lead to the expansion of the global industrial biomass boiler market at a CAGR of close to 3% during the forecast period.

The growing use of pre-treated wooden biomass

There is an increase in the use of pre-treated wooden biomass in biomass power plants as it is easily available. The easy availability of high-quality wooden-biomass increases the adoption of industrial biomass boilers. This is identified as one of the upcoming industrial biomass boiler market trends, which is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global industrial biomass boiler market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global industrial biomass boiler market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial biomass boiler manufacturers, that include ANDRITZ AG, Babcock & Wilcox Enterprises Inc., General Electric Co., Thermax Ltd., and Valmet Corp.

Also, the industrial biomass boiler market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global renewable energy market
      • Table Segments of global renewable energy market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global Biomass boiler and Engineering services Market 2018 ($ million)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Biorefineries - Market size and forecast 2018-2023
      • Table Biorefineries - Market size and forecast 2018-2023 ($ millions)
      • Table Biorefineries - Year-over-year growth 2019-2023 (%)
    • Pulp and paper - Market size and forecast 2018-2023
      • Table Pulp and paper - Market size and forecast 2018-2023 ($ millions)
      • Table Pulp and paper - Year-over-year growth 2019-2023 (%)
    • Sugar mills - Market size and forecast 2018-2023
      • Table Sugar mills - Market size and forecast 2018-2023 ($ millions)
      • Table Sugar mills - Year-over-year growth 2019-2023 (%)
    • Rice mills - Market size and forecast 2018-2023
      • Table Rice mills - Market size and forecast 2018-2023 ($ millions)
      • Table Rice mills - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by fuel type
    • Table Fuel type - Market share 2018-2023 (%)
    • Comparison by fuel type
      • Table Comparison by fuel type
    • Wooden biomass - Market size and forecast 2018-2023
      • Table Wooden biomass - Market size and forecast 2018-2023 ($ millions)
      • Table Wooden biomass - Year-over-year growth 2019-2023 (%)
    • Agricultural residue - Market size and forecast 2018-2023
      • Table Agricultural residue - Market size and forecast 2018-2023 ($ millions)
      • Table Agricultural residue - Year-over-year growth 2019-2023 (%)
    • Market opportunity by fuel type
      • Table Market opportunity by fuel type
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Social activism against biomass power plants
    • Declining cost of solar and wind power
    • Growing use of pre-treated wooden biomass
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ANDRITZ AG
      • Table ANDRITZ AG - Vendor overview
      • Table ANDRITZ AG - Business segments
      • Table ANDRITZ AG - Organizational developments
      • Table ANDRITZ AG - Geographic focus
      • Table ANDRITZ AG - Segment focus
      • Table ANDRITZ AG - Key offerings
    • Babcock & Wilcox Enterprises Inc.
      • Table Babcock & Wilcox Enterprises Inc. - Vendor overview
      • Table Babcock & Wilcox Enterprises Inc. - Business segments
      • Table Babcock & Wilcox Enterprises Inc. - Organizational developments
      • Table Babcock & Wilcox Enterprises Inc. - Geographic focus
      • Table Babcock & Wilcox Enterprises Inc. - Segment focus
      • Table Babcock & Wilcox Enterprises Inc. - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Vendor overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Organizational developments
      • Table General Electric Co. - Geographic focus
      • Table General Electric Co. - Segment focus
      • Table General Electric Co. - Key offerings
    • Thermax Ltd.
      • Table Thermax Ltd. - Vendor overview
      • Table Thermax Ltd. - Business segments
      • Table Thermax Ltd. - Organizational developments
      • Table Thermax Ltd. - Segment focus
      • Table Thermax Ltd. - Key offerings
    • Valmet Corp.
      • Table Valmet Corp. - Vendor overview
      • Table Valmet Corp. - Business segments
      • Table Valmet Corp. - Organizational developments
      • Table Valmet Corp. - Geographic focus
      • Table Valmet Corp. - Segment focus
      • Table Valmet Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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