Circulating Fluid Bed Boilers Market Analysis Report and Forecast Upto 2021
The Circulating Fluid Bed Boilers Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2021).
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.
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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.
Major player assessed in the report 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.
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.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Circulating Fluid Bed Boilers Market By Type :
2. Circulating Fluid Bed Boilers Market By Application :
– Oil And Gas
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Industrial boilers are steam producing enclosed vessels used to transfer thermal energy-to-energy producing plants. Boilers are an imperative part of any manufacturing, power generation and chemical plants. Industrial boilers provide necessary steam and heat exchange required for industrial processing and power generation at power plants.
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