+1-888-308-5802     
News Contact Us

Circulating Fluidized Bed Boiler Market Growth Trends, Industry Insights, Business Opportunities by 2024

Author : Rahul Sankrityayan | Published Date : 2019-09-12 

Global Market Insights recently introduced report on global Circulating Fluidized Bed Boiler Market report is an in-depth study providing complete analysis of the industry for the period 2018 to 2024. It provides complete overview of the industry considering all the major industry trends, market dynamics and competitive scenario.

 The global circulating fluidized bed boiler market is anticipated to grow owning to increasing demand for power across the developing nations. Ongoing investment toward the expansion & modernization of industrial facilities along with increasing adaption of cleaner and cost-efficient technology will positively influence the business landscape. Furthermore, rising demand for bioenergy owning to increasing adoption of renewable energy sources will further propel the business growth.

Request For Table Of Content @ https://www.gminsights.com/request-toc/upcoming/3503

Introduction of numerous government regulations toward monitoring and control of industrial pollution coupled with the growing adoption of energy efficient technologies will further stimulate the circulating fluidized bed boiler market. For instance, the European Union target of 40% reduction of Green House Gas (GHG) emissions by 2030 compared to 1990 levels. These targets set will enhance the replacement of existing high-emission fuel boilers with advanced CFB systems.

Increasing demand for clean energy sources coupled with modernization of current industrial facilities will stimulate the circulating fluidized bed boiler market. Shifting trend across the developing economies toward adaption of CFB technology over conventional power generation systems will boost the product penetration. However, installation of Flue Gas Desulfurization (FGD) or Selective Catalyst Reduction (SCR) unit on account of introduction of stringent emission standards is increasing the overall product cost which may hamper the industry growth.

The ability to operate at lower temperature when compared with conventional steam generation systems along with multi-fuel combustion capacity will stimulate the circulating fluidized bed boiler market size. Ease of compatibility with wide range of conventional as well as unconventional fuels including coal, petro-coke, biomass, wood and industrial & agricultural waste will complement the business outlook. In addition, high thermal efficiency coupled with less capital cost involved in installation and operation are some of the key parameters which will positively influence the global circulating fluidized bed boiler market growth.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/circulating-fluidized-bed-boiler-market

Increasing demand for clean energy sources coupled with modernization of current industrial facilities will stimulate the circulating fluidized bed boiler market. Shifting trend across the developing economies toward adaption of CFB technology over conventional power generation systems will boost the product penetration. However, installation of Flue Gas Desulfurization (FGD) or Selective Catalyst Reduction (SCR) unit on account of introduction of stringent emission standards is increasing the overall product cost which may hamper the industry growth.

The key players operating across the circulating fluidized bed boiler market includes GE Alstom, Babcock & Wilcox Co., Dongfang., AE&E Nanjing Boiler Co. Ltd., Siemens, IHI Corporation, Mitsubishi, Harbin Electric Company, BHEL., Doosan Heavy Industries and Thermax Ltd.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Related Report

Aeroderivative Gas Turbine Market to grow at 2% CAGR by 2024

http://intelligencejournal.com/aeroderivative-gas-turbine

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Animal Feed Organic Trace Minerals Market share to witness sustainable gains from zinc segment 2019-2024

Published Date: 2019-09-20         Author: Rahul Sankrityayan

Global Market Insights, Inc. provides a detailed overview of Animal Feed Organic Trace Minerals Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration... Read More

Food Pathogen Testing Market to witness remarkable growth from meat & poultry application 2019-2024

Published Date: 2019-09-20         Author: Rahul Sankrityayan

Global Market Insights, Inc. added research on Food Pathogen Testing Market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth la... Read More

North America Gasoline Genset Market Statistics 2025: Share Forecasts, Trends & Growth drivers

Published Date: 2019-09-20         Author: Rahul Sankrityayan

North America Gasoline Genset Market report provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of th... Read More

© 2019 Fractovia. All Rights Reserved