MarketResearchNest.com
adds “Global Biomassfired Heating Plant
Market Growth 2019-2024”new report to its research database.
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 RandD; 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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According to this study, over the next five years the
Biomassfired Heating Plant market will register a 2.8% CAGR in terms of
revenue, the global market size will reach US$ 19800 million by 2024, from US$
17200 million in 2019. In particular, this report presents the global market
share (sales and revenue) of key companies in Biomassfired Heating Plant
business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Biomassfired Heating Plant market by
product type, application, key manufacturers and key regions and countries.
This study considers the Biomassfired Heating Plant value
and volume generated from the sales of the following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
<5 MW
·
10~20 MW
·
Others
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Power
Generation
·
Heat
Distribution
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
EON
·
Dong Energy
·
Drax Group
·
Aalborg
·
Comsa
·
Abantia
·
Aker Group
·
Fortum Keilaniemi
·
Eidsiva Fjernvarme
·
Suez
·
Statkraft
·
EHP
·
VATTENFALL
·
ZE PAK
·
MGT Power
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key players and the market as a whole. It
also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global Biomassfired
Heating Plant consumption (value and volume) by key regions/countries, product
type and application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Biomassfired
Heating Plant market by identifying its various subsegments.
·
Focuses on the key global Biomassfired Heating
Plant manufacturers, to define, describe and analyze the sales volume, value,
market share, market competition landscape, SWOT analysis and development plans
in next few years.
·
To analyze the Biomassfired Heating Plant with
respect to individual growth trends, future prospects, and their contribution
to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Biomassfired
Heating Plant submarkets, with respect to key regions (along with their
respective key countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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