The
global
circulating fluidized bed (CFB) boilers market, estimating it to
expand at a healthy CAGR of 11.25% over the period from 2015 to 2023
and attain an installed capacity of 241.9 GWe by the end of the
forecast period. The research report titled, “Global
Circulating Fluidized Bed (CFB) Boilers Market - Global Industry
Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023”,
states that the installed capacity of the worldwide market for CFB
boilers reached 92 GWe in 2014.
According
to the report, the increasing demand for energy across the world is
the prime driving force behind the rise of the global CFB boilers
market. Analysts at TMR expect the rising prominence of clean energy
to boost the demand for CFB boilers significantly during the forecast
period.
The
report evaluates the global CFB boilers market on the basis of boiler
type, their application, the regional spread of this market. By
boiler type, the market has been categorized into subcritical
boilers, supercritical boilers, and ultra-supercritical boilers. In
2014, the subcritical boilers segment led the overall market with a
share of 60%.
Application
wise, the report classifies the worldwide CFB boilers market into the
oil and gas, manufacturing, chemicals, and various other industries.
The demand for CFB boilers was the highest from the oil and gas
industry in 2014, reaching a share of approximately 36% in the
overall demand. The chemicals industry accounted for a share of 34%
in the global demand for CFB the same year.
Regionally,
the market study segments the global CFB boilers market into North
America, Europe, South East Asia, India, China, Japan and Australia,
and the Rest of the World. Among these, South East Asia, India,
China, Japan, and Australia have jointly held the leading position in
the worldwide market for CFB boilers at present. The rising demand
for energy in this region is the key factor driving the remarkable
growth of this market in these regions, states the study.
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Europe
is the second largest regional market for CFB boilers across the
world and is expected to retain its position over the forecast
period. The North America CFB boilers market, however, is likely to
show moderate growth, whereas the Rest of the World is projected to
gain impetus in the forthcoming years on account of the rising
concerns of people about environmental issues, states the study.
Alfa
Laval AB, AE&E Nanjing Boiler Co. Ltd., Alstom SA, Babcock &
Wilcox Enterprises Inc., DongFang Boiler Group Co. Ltd., Bharat Heavy
Electricals Ltd., Doosan Heavy Industries and Construction Co. Ltd.,
Amec Foster Wheeler plc, Formosa Heavy Industries Corp., Harbin
Boiler Engineering Co. Ltd., Mitsubishi Heavy Industries Ltd., Metso
Oyj, Thermax Ltd., and Shanghai Boiler Works Co. Ltd. are some of the
key participants in this market, states the report.
The
global CFB boilers market is segmented into:
By
Type
- Subcritical
- Supercritical
- Ultra-supercritical
By
Application
- Oil and Gas
- Chemicals
- Manufacturing
- Others
By
Region
- North America
- Europe
- China, Japan and Australia
- India
- South East Asia
- Rest of the World
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Mr.
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