Global Biomass Boiler Market: Rapid Industrialization in Developing Economies to Propel Market Growth at 19.9% CAGR During 2014-2022
The global biomass boiler market to reach a valuation of US$8,907.0 million by 2022. The overall market was worth US$1,801.7 million in 2013. A biomass boiler is a wood-fueled heating system used for power generation and heating applications. The report points out that the rapid industrialization in developing economies such as India, China, and Brazil has fueled the demand for energy. This is expected to augment the growth of the global biomass boiler market. Enforcement of boiler standards has encouraged...
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