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Biomassfired Heating Plant Market Is Expected to Reach 21300 Million US$ by 2025 – QY Research

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Posted: Thursday, September 20, 2018 at 7:51 PM CDT

City of Industry, CA -- (SBWire) -- 09/20/2018 --This study focuses on the production side and consumption side of Biomassfired Heating Plant, presents the global Biomassfired Heating Plant market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Biomassfired Heating Plant capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Biomassfired Heating Plant by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

A biomass-fired power plant produces electricity and heat by burning biomass in a boiler.

The most common types of boilers are hot water boilers and steam boilers. Wood chips, residues and other types of biomass are used in the boilers, in the same way as coal, natural gas and oil.

Fuel is stored in a bunker for further transport to the boiler. In the boiler, water is heated to high temperature under pressure. Steam from the boiler powers the turbine, which is connected to the generator. Steam that has passed through the turbine, heats district heating water, which is distributed through the district heating network's piping.

For over 15 years the biomass market is growing rapidly. Biomass refers to products made of organic fractions and residues from forestry, agriculture and the food industry. The production of biomass can solve Biomass problems and creates jobs. It is a renewable energy source that substitutes fossil fuels. Around half of total EU energy consumption comes from heating and cooling, of which 82 percent is powered by fossil fuels. However, bioenergy is currently the leading renewable in heating and cooling (79%), representing 10 percent of EU grosses final consumption of energy.

Biomass will play a growing role as a backup, dispatch able energy source. The heating sector is the largest market segment for bioenergy consumption (66%). District heating networks carrying derived heat to individuals and businesses is also an important part of EU bio heat consumption—even essential in places like Nordic and Baltic countries. A majority of this bio power (61%) comes from CHP plants.

Currently, Thermal Technologies is the most developed and commercialized technology for Biomass fired Heating Plant conversion. However, a number of different technological configurations are already available for this purpose and, with a constant R&D; many others are envisioned to become valuable alternatives in the future. The following classification illustrates the possible methodologies which can be used in order to obtain energy from waste.

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The Biomassfired Heating Plant market was valued at 17200 Million US$ in 2017 and is projected to reach 21300 Million US$ by 2025, at a CAGR of 3.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Biomassfired Heating Plant.

This report includes the following manufacturers; we can also add the other companies as you want.

EON

Dong Energy

Drax Group

Aalborg

Comsa

Abantia

Aker Group

Fortum Keilaniemi

Eidsiva Fjernvarme

Suez

Statkraft

EHP

VATTENFALL

ZE PAK

MGT Power

Market Segment by Product Type

?5 MW

10~20 MW

Others

Market Segment by Application

Power Generation

Heat Distribution

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About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.