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Asia Pacific Biomass Boiler Market Share
Hoval is a Swiss-based company that specializes in the development, production, and distribution of heating and ventilation systems, including biomass boilers. The company product line includes different models with varying capacities, features, and configurations to suit different customer needs and project requirements. These boilers are designed to burn a variety of biomass fuels, including wood pellets, wood chips, agricultural residues, and energy crops with high efficiency and low emissions.
Asia Pacific Biomass Boiler Market Companies
The key industry players include:
- ANDRITZ
- ARITERM
- Babcock & Wilcox Enterprises
- Binder Energietechnik Ges.m.b.H.
- DP CleanTech
- Forbes Marshall
- Hoval
- Hurst Boiler & Welding Co.
- John Wood Group PLC
- Maxtherm Boilers
- Prime Thermals
- Schmid Energy Solutions
- Sofinter S.p.a
- Sugimat
- Thermodyne Boilers
- Treco
- VIESSMANN
- Walchandnagar Industries
- Windhager
- Woodco
Why is the demand for industrial waste feedstock on the rise in APAC?
The industrial waste segment in the market is estimated to accumulate over USD 1 billion by 2032, due to the paradigm shift toward renewable energy sources along with rising efforts by the governments to limit carbon emissions.
What factors are influencing biomass boiler market growth in China?
China biomass boiler industry is expected to be worth over USD 3.5 billion by 2032 led by the growing investments in biomass energy production and the establishment of dedicated biomass power plants.
How big is the Asia Pacific biomass boiler market?
Asia Pacific biomass boiler industry size recorded USD 3 billion in 2023 and is expected to depict 10.2% CAGR from 2024 to 2032, owing to the increasing regional focus on the adoption of renewable energy and sustainable initiatives.
Who are the leading Asia Pacific biomass boiler market players?
ANDRITZ, ARITERM, Babcock & Wilcox Enterprises, Binder Energietechnik Ges.m.b.H., DP CleanTech, Forbes Marshall, Hoval, Hurst Boiler & Welding Co., John Wood Group PLC, Maxtherm Boilers, Prime Thermals, Schmid Energy Solutions, Sofinter S.p.a, Sugimat, Thermodyne Boilers, Treco, VIESSMANN, Walchandnagar Industries, Windhager, and Woodco are some of the major biomass boiler companies in the Asia Pacific.