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 Growth | Trends Analysis
Report 2025

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.
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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.
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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
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Industry Background

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
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analysis/circulating-fluidized-bed-boiler-market
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