The
global installed capacity of CFB boilers stood at 92 GWe in 2014 and
is projected to reach 241.9 GWe by 2023 at a CAGR of 11.25% from 2015
to 2023.
In-depth
research report on Global Circulating Fluidized Bed (CFB)
Boilers Market with Full TOC at :
http://www.transparencymarketresearch.com/cfb-market.html
Circulating
fluid bed (CFB) boilers offer one of the important benefit of fuel
flexibility for power generation. Emissions of SOx and NOx are
significantly reduced by using CFB boilers which helps meet the
strict environmental norms as per international mandates. Emissions
are lowered as the combustion temperature of CFB boilers is lower
than that of other boilers such as pulverized coal-fired boilers
(PCCs).
Need
to lower CO2 emissions is driving the application of clean
technologies, such as CFB boilers, for power generation. Increasing
adoption of CFB technology for power generation is also responsible
for the growth of the CFB boilers market globally. Currently, the
growth potential of circulating fluid bed (CFB) is likely to be led
by Asia Pacific, followed by Europe and the North America, and the
Rest of World.
The
global CFB boilers market has been segmented into six regions: North
America, Europe, China, Japan, Australia, India, South East Asia, and
Rest of the World. In 2014, Asia Pacific held the largest share of
55% of the global CFB boilers market.
Growing
energy demand in Asia Pacific is a major driver for the growth of the
CFB boilers market in the region. Europe was the second-largest
market for CFB boilers in 2014. The market in North America and Rest
of the World exhibited slow growth in the same year, but it
anticipated that environmental regulatory norms would augment the
market in these regions in the near future. In Asia Pacific, China,
India, and Australia are anticipated to emerge as potential markets
for CFB boilers.
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Demand
for CFB boilers is expected to increase gradually in the future as
these boilers produce less emissions, thereby reducing carbon
footprint. The CFB boilers market has been segmented as follows:
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 Market: By Region
- North America
- Europe
- China, Japan and Australia
- India
- South East Asia
- Rest of World
Browse
Press Release :
http://www.transparencymarketresearch.com/pressrelease/cfb-market.htm
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