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2019 CFB boiler market - Regional Revenue, Trend and Growth Forecast-2025

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2019 CFB boiler market - Regional Revenue, Trend and Growth Forecast-2025

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Global CFB (circulating fluidized bed) boiler market is anticipated to be driven by growing energy consumption across the industrial sector. Rising installation of captive power systems is directly influencing CFB industry share. Moreover, steady growth in population has led to expansion of industrial sector over the years, which has resulted in heavy energy consumption in the sector.

Global CFB (circulating fluidized bed) boiler market is anticipated to be driven by growing energy consumption across the industrial sector. Rising installation of captive power systems is directly influencing CFB industry share. Moreover, steady growth in population has led to expansion of industrial sector over the years, which has resulted in heavy energy consumption in the sector.

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2019 CFB boiler market - Regional Revenue, Trend and Growth Forecast-2025

  1. 1. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 2019 CFB Boiler Market Growth | Trends Analysis Report 2025
  2. 2. Global Market Scenario of CFB Boiler Market  Global CFB (circulating fluidized bed) boiler market is anticipated to be driven by growing energy consumption across the industrial sector. Rising installation of captive power systems is directly influencing CFB industry share. Moreover, steady growth in population has led to expansion of industrial sector over the years, which has resulted in heavy energy consumption in the sector.  Circulating fluidized bed boiler is a technology for coal combustion to achieve lower emission of pollutants. Up to 95% of pollutants can be absorbed by utilizing this technology before being emitted to the atmosphere. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
  3. 3.  Paradigm shift toward adoption of sustainable and clean power generation technologies has provided a boost to the demand for CFB boiler systems across the globe. Rise in number of initiatives to counterbalance climate change is also estimated to fuel deployment of biomass based CFB systems, hence providing impetus to overall CFB boiler market share. In terms of revenue, CFB boiler market size is projected to surpass USD 50 billion by 2025.  From petrochemical application, CFB boiler market is estimated to amass substantial gains over the forecast timeline. Growing demand for petrochemical products owing to falling crude oil prices has necessitated refinery owners to expand their production capacity with sustainable & reliable power supply. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
  4. 4.  Favorable regulatory norms pertaining to environment protection coupled with consolidated economy across the region has improved the workforce quality, which is acting as catalysts in this renewed growth. In addition, ongoing investments toward the adoption of cleaner & sustainable power generation technologies is also anticipated to foster CFB boiler market growth over the analysis period.  Key industry participants contributing towards CFB boiler market includes Bharat Heavy Electricals Limited, AMEC Foster Wheeler, Babcock and Wilcox Enterprises, IHI, General Electric, Forbes Marshall, Bosch Thermotechnology, Thermax, Walchandnagar Industries and Mitsubishi Hitachi Power Systems. These industry players are momentously increasing their presence across the APAC region by adopting strategies including partnerships, collaborations and mergers to expand their dealer network. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
  5. 5. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Background
  6. 6. Competitive Analysis:  CFB boiler market includes Bharat Heavy Electricals Limited  AMEC Foster Wheeler  Babcock and Wilcox Enterprises  IHI  General Electric  Forbes Marshall  Bosch Thermotechnology  Thermax  Walchandnagar Industries  Mitsubishi Hitachi Power Systems Browse Complete Summary of this report @ https://www.gminsights.com/industry- analysis/circulating-fluidized-bed-boiler-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
  7. 7. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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