Global Industrial Biomass Boiler Market Forecast 2025-2032

Global Industrial Biomass Boiler Market Forecast 2025-2032

The global industrial biomass boiler market is expected to reach $29081.55 million by 2032, growing at a CAGR of 10.12% during the forecast period, 2025-2032. The base year considered for the study is 2024, and the estimated period is between 2025 and 2032. The market study has also analyzed the impact of COVID-19 and the Russia-Ukraine war on the industrial biomass boiler market qualitatively as well as quantitatively.

The global industrial biomass boiler market is witnessing robust growth as industries increasingly adopt biomass energy systems for cleaner and sustainable operations. These systems harness renewable resources such as wood, agricultural residues, and urban waste, aligning with global efforts to reduce carbon emissions. The demand for eco-friendly industrial boilers is fueled by stringent environmental regulations and the growing need for energy-efficient solutions in manufacturing, power generation, and other industrial sectors.

Industrial biomass energy solutions offer a dual advantage of cost-effectiveness and reduced dependency on fossil fuels, driving adoption across industries like pulp & paper, food & beverage, and chemical processing. Key players in the market are innovating to enhance the efficiency and reliability of these systems, enabling industries to meet their energy requirements sustainably. Moreover, the rising focus on biomass energy production is supported by government incentives and subsidies, particularly in regions like Europe and Asia-Pacific.

The market also reflects increasing interest in industrial renewable energy solutions, as businesses prioritize long-term strategies to mitigate environmental impacts. Advanced boiler technologies, including stoker and fluidized bed systems, are catering to diverse industrial needs while optimizing energy use. As industries transition to cleaner energy, the role of industrial biomass heating in decentralizing energy solutions is expanding. This trend is expected to drive market growth further, solidifying biomass boilers as a cornerstone in global renewable energy strategies. This shift underscores their relevance in achieving energy sustainability goals across various regions.

MARKET INSIGHTS

Key enablers of the global industrial biomass boiler market growth:
• Support from government regulations
• Cost efficiency & environment friendliness
• Advancements in technology

o Technological progress in energy generation is improving the efficiency of energy yield from waste materials, supporting industry operations.

o Many companies are also adopting waste-to-energy (WTE) methods to reduce waste and simultaneously generate energy for internal use.

o Processes such as gasification, pyrolysis, combustion, incineration, and anaerobic digestion are central to converting agricultural and other waste materials into electricity.

Key growth restraining factors of the global industrial biomass boiler market:
• High installation costs

o Biomass boilers can cost three to four times more than conventional fossil fuel boilers, which impacts their affordability for some industries. Installation expenses vary depending on the manufacturer, boiler type, and installer.

o For larger biomass systems, installation costs increase significantly and depend on specific industrial requirements, further contributing to the financial challenge.
• Tedious handling process compared to traditional boilers
• Higher requirement for efficient management systems

Global Industrial Biomass Boiler Market | Top Trends
• Growing opportunity for biomass energy
• Rising environmental concerns are aiding the industrial biomass power market

o As climate change continues to pose significant risks, governments, industries, and consumers are increasingly prioritizing sustainable energy solutions to mitigate environmental impacts.

o Biomass power generation, which utilizes organic and renewable feedstocks such as wood, agricultural residues, and urban waste, offers a low-carbon alternative to fossil fuels, reducing greenhouse gas emissions and air pollution.
• Growth in demand from biomass district heating
• Earning revenue stream from carbon trading

SEGMENTATION ANALYSIS

Market Segmentation – Feedstock, Capacity, Application, and Type –

Market by Feedstock:
• Woody Biomass
• Agriculture Biomass

o According to the International Renewable Energy Agency, the global biomass supply is projected to range between 97 EJ/yr and 147 EJ/yr by 2030 in terms of primary energy.

o Agricultural residues and waste are expected to account for 38%-45% of this total, equivalent to 37 EJ/yr to 39 EJ/yr, while energy crops and forest products will make up the remainder.
• Urban Residue

Market by Capacity:
• 2-10 MW
• 10- 25 MW
• 25- 50 MW

Market by Application:
• Combined Heat and Power (CHP) Production

o Biomass boilers in CHP plants utilize renewable feedstock such as wood chips, agricultural residues, and organic waste to produce steam.

o The integration of biomass boilers into CHP systems significantly reduces reliance on fossil fuels, cutting greenhouse gas emissions and helping industries meet sustainability targets.
• Pulp & Paper
• Power Generation
• Sawmill
• Brewery
• Other Applications

Market by Type:
• Stoker Boilers
• Fluidized Bed Boilers

REGIONAL ANALYSIS

Geographical Study based on Four Major Regions:
• North America: The United States and Canada

o The demand for industrial biomass boilers in the United States is experiencing significant growth, driven by the increasing focus on renewable energy, stringent environmental regulations, and the rising awareness of sustainable industrial practices.

o One of the primary drivers of the growing demand is the US government’s emphasis on reducing carbon emissions to combat climate change. Policies such as the Clean Air Act and state-level initiatives like California’s Renewable Energy Portfolio Standards mandate industries to adopt greener energy solutions.

o Moreover, Canada’s vast forestry and agricultural sectors provide an abundant supply of biomass feedstocks, significantly reducing transportation costs and ensuring steady fuel availability. Regions such as British Columbia, Quebec, and Ontario lead the way due to their robust forestry industries.
• Europe: The United Kingdom, Germany, France, Italy, Spain, Poland, Belgium, and Rest of Europe
• Asia-Pacific: China, India, Japan, Australia & New Zealand, South Korea, Malaysia, Indonesia, Vietnam, and Rest of Asia-Pacific
• Rest of World: Latin America, the Middle East & Africa

Our market research reports offer an in-depth analysis of individual country-level market size and growth statistics. We cover the segmentation analysis, key growth factors, and macro-economic trends within the industrial biomass boiler market, providing detailed insights into –
• Costa Rica Industrial Biomass Boiler Market
• South Africa Industrial Biomass Boiler Market
• India Industrial Biomass Boiler Market

COMPETITIVE INSIGHTS

Major players in the global industrial biomass boiler market:
• Babcock & Wilcox Enterprises Inc
• Detroit Stoker Company
• Industrial Boilers America
• KMW Energy Group
• Schmid AG Energy Solutions
• Sigma Thermal
• Wellons Canada

Key strategies adopted by some of these companies:
• In September 2024, Babcock & Wilcox was awarded a Front-End Engineering and Design Contract for Canada’s first Waste-to-Energy plant with carbon capture and sequestration, showcasing its commitment to enhancing sustainable energy solutions.
• In May 2024, KMW Energy Group announced a collaboration with Peregrine Turbine Technologies to develop and implement a supercritical carbon dioxide (sCO2) energy conversion system integrated with KMW’s biomass systems, aiming to improve energy efficiency and sustainability at their facility in Maine.

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Frequently Asked Questions (FAQs):
• What are the main types of industrial biomass boilers?

A: The two primary types are stoker boilers, which use grates to burn solid fuels, and fluidized bed boilers, which suspend fuel in a fluidized bed for efficient combustion of biomass and low-grade fuels.
• What are the advantages of using biomass boilers over conventional boilers?

A: Biomass boilers reduce greenhouse gas emissions, utilize renewable feedstocks, and can lower operational costs when biomass is sourced locally.
• What fuels can be used in industrial biomass boilers?

A: They can burn various fuels, including woody biomass, agricultural residues, urban waste, and pellets, offering flexibility depending on local availability.

Please Note: Report includes PDF + Excel