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The agricultural waste biomass boiler market size is set to surpass USD 1.5 billion by 2032. Governments and organizations across the region are increasingly focusing on renewable energy sources to reduce greenhouse gas emissions and combat climate change. Ongoing advancements in boiler technology including improved combustion efficiency and reduced emissions, were making these boilers more attractive to businesses and industries.
The stocker biomass boiler industry will witness growth rate of 6.5% through 2032. The shift toward renewable energy sources has increased the demand for biomass boilers. Governments and businesses are increasingly looking for sustainable alternatives to fossil fuels, and biomass is seen as a viable option. The EUs commitment to reducing carbon emissions will drive the adoption of biomass heating systems.
The industrial boiler market holds a share of 30% in 2022. Environmental regulations and emissions targets are becoming more stringent which in turn will augment the business landscape. Ongoing technological advancements in biomass boiler design and efficiency. Improved combustion techniques, automation, and control systems were enhancing the performance of these boilers.
The France biomass boiler market was valued at USD 1 billion in 2022. The nation is actively investing in the production of biomass energy and development of dedicated biomass power plants, accelerating the industry potential. Flourishing agricultural sector along with stringent government policies toward renewable sources for minimizing carbon footprint will energize the business dynamics.