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Biomass Boiler Market Trends

Report ID: GMI5960
Published Date: Jun 2023
Report Format: PDF

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Biomass Boiler Market Trends

Growing emphasis on decarbonization coupled with stringent government regulation to reduce greenhouse gas emissions will augment the business landscape. Increasing consumer awareness toward the deployment energy efficient and low priced heating technologies will influence the industry growth. The growing global focus on deployment of clean energy sources along with introduction of supportive policies and financial incentives will foster the business outlook.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of biomass boiler exceeded USD 12 billion in 2023 and is anticipated to surpass USD 24.4 billion by 2032, says this GMI report.

Woody biomass boiler industry is expected observe gains at nearly 8% through 2032 as to rising demand for renewable energy sources and the strong focus on decarbonization

Asia Pacific biomass boiler market size to reach USD 3.5 billion by 2032 due to growing emphasis on biomass co-firing and strategies for transitioning towards renewable energy sources.

Thermax Limited, Forbes Marshall, John Cockerill, Sofinter S.p.a, Walchandnagar Industries, VIESSMANN, Fröling Heizkessel- und Behälterbau Ges.m.b.H., Thermodyne Boilers, ANDRITZ, Maxtherm Boilers