Global Biomass Boiler Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Feedstock Type;
Woody Biomass, Agriculture & Forest Residues, Biogas & Energy Crops, and Urban Residues.By Product Type;
Stoker Boilers, Bubbling Fluidized Bed (BFB) Boilers, and Circulating Fluidized Bed (CFB) Boilers.By Fuel Type;
Wood Chips, Wood Pellets, Agricultural Residues, and Forestry ResiduesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Biomass Boiler Market (USD Million), 2021 - 2031
In the year 2024, the Global Biomass Boiler Market was valued at USD 5,160.57 million. The size of this market is expected to increase to USD 7,862.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.
Biomass boilers, which utilize organic materials such as wood, agricultural residues, and waste to generate heat and electricity, have emerged as a promising alternative to fossil fuel-based heating systems. The growing emphasis on reducing greenhouse gas emissions and transitioning towards renewable energy sources has propelled the adoption of biomass boilers across various industries, including residential, commercial, and industrial sectors. Favorable government policies and incentives supporting renewable energy projects, coupled with advancements in biomass combustion technology, have further accelerated market growth globally.
As the world continues to confront the challenges of climate change and seeks to minimize dependence on finite fossil fuel resources, the biomass boiler market is poised for significant expansion. In regions such as North America and Europe, where stringent environmental regulations are driving the transition towards cleaner energy sources, biomass boilers are gaining traction as a cost-effective and sustainable heating solution. The Asia Pacific region, with its rapid industrialization and growing energy demand, presents lucrative opportunities for market players to capitalize on the potential of biomass boilers.
Global Biomass Boiler Market Recent Developments
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In June 2023, Viessmann Group launched a next-generation biomass boiler with smart IoT features for residential and commercial use
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In September 2022, Babcock & Wilcox signed a contract for a large-scale biomass boiler project in the Asia-Pacific region to support industrial decarbonization efforts
Segment Analysis
The Global Biomass Boiler Market is segmented by feedstock type, including woody biomass, agriculture and forest residues, biogas and energy crops, and urban residues. Woody biomass, derived from wood and wood waste, serves as a primary feedstock due to its abundance and efficient combustion properties. Agriculture and forest residues, such as crop residues and sawdust, offer additional biomass sources, contributing to the market's diversity. Biogas and energy crops, including organic waste and dedicated energy crops like switchgrass, present renewable alternatives for biomass boiler fuel. Urban residues, comprising municipal solid waste and sewage sludge, provide opportunities for waste-to-energy solutions, further expanding the biomass boiler market's scope.
The wood chips segment dominates the biomass fuel market due to its widespread availability, cost-effectiveness, and suitability for large-scale industrial applications. Wood chips are primarily derived from forestry activities, sawmill residues, and dedicated energy plantations. Their relatively low processing requirements make them an economical option for biomass power plants, district heating systems, and co-firing with coal in conventional power stations. However, their higher moisture content and bulkiness pose challenges in storage, transportation, and combustion efficiency.
Wood pellets, on the other hand, are gaining traction due to their higher energy density, lower moisture content, and standardized size, making them an attractive choice for residential heating and small-scale commercial applications. The growing adoption of pellet stoves and boilers, particularly in Europe and North America, has fueled the demand for wood pellets. Their ease of handling, efficient combustion, and lower emissions compared to raw biomass contribute to their increasing preference. However, the production of wood pellets requires additional processing, making them relatively more expensive than raw biomass fuels.Agricultural residues, including straw, husks, bagasse, and corn stover, offer a renewable and cost-effective alternative for biomass energy production. These residues are byproducts of agricultural activities and are often underutilized or disposed of as waste. Utilizing agricultural residues for energy generation enhances sustainability and reduces environmental concerns associated with open burning. However, challenges such as seasonal availability, low bulk density, and high transportation costs limit their widespread adoption. Additionally, their chemical composition, including higher ash and alkali content, can lead to operational challenges in biomass combustion systems.
Forestry residues, consisting of branches, leaves, bark, and sawmill waste, play a crucial role in the biomass fuel market. These residues are generated during logging operations and wood processing activities, providing a sustainable fuel source without requiring additional deforestation. Their use in biomass power plants and cogeneration facilities contributes to waste reduction and carbon neutrality. However, similar to agricultural residues, forestry residues often require preprocessing to improve their combustion efficiency and transportability. In some cases, their collection and handling costs may offset the economic benefits, making them less competitive than other biomass fuel options.In terms of product type, the market encompasses stoker boilers, bubbling fluidized bed (BFB) boilers, and circulating fluidized bed (CFB) boilers. Stoker boilers are widely used for biomass combustion, offering simplicity and reliability in operation. BFB boilers utilize a bed of sand or limestone to facilitate combustion, providing flexibility in fuel types and minimizing emissions. CFB boilers employ a circulating fluidized bed for enhanced combustion efficiency and pollutant control, making them suitable for larger-scale biomass power generation. North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America are key regions contributing to the global biomass boiler market, each with its unique feedstock availability, regulatory landscape, and market drivers shaping the adoption of biomass boilers for sustainable heat and power generation.
Global Biomass Boiler Segment Analysis
In this report, the Global Biomass Boiler Market has been segmented by Feedstock Type, Product Type,Fuel Type and Geography.
Global Biomass Boiler Market, By Feedstock Type
The Global Biomass Boiler Market has been segmented by Feedstock Type into Woody Biomass, Agriculture & Forest Residues, Biogas & Energy Crops and Urban Residues.
Woody biomass, derived from wood-based materials such as forestry residues and wood chips, represents a significant segment in the market due to its abundant availability and established supply chains. Agriculture and forest residues, including crop residues, sawdust, and bark, also contribute substantially to biomass boiler usage, leveraging agricultural waste streams and byproducts for energy production, thus promoting sustainability in both agricultural and industrial sectors.The utilization of biogas and energy crops, such as switchgrass and miscanthus, as feedstock for biomass boilers highlights the increasing focus on organic waste-to-energy solutions and dedicated energy crop cultivation. Biogas derived from organic waste streams and anaerobic digestion processes presents a renewable alternative for heat and power generation. The utilization of urban residues, including municipal solid waste and sewage sludge, showcases the potential of biomass boilers in addressing urban waste management challenges while simultaneously contributing to renewable energy production.
Global Biomass Boiler Market, By Product Type
The Global Biomass Boiler Market has been segmented by Product Type into Stoker Boilers, Bubbling Fluidized Bed (BFB) Boilers and Circulating Fluidized Bed (CFB) Boilers.
Stoker boilers are characterized by their use of a mechanical stoker to feed fuel into the combustion chamber, making them suitable for solid biomass fuels such as wood chips and pellets. These boilers are commonly used in applications where fuel quality and consistency are essential, such as in industrial and commercial settings. Bubbling Fluidized Bed (BFB) boilers utilize a bed of sand or inert material to suspend and combust biomass fuels, offering advantages in fuel flexibility and lower emissions compared to conventional stoker boilers. BFB boilers are often employed in smaller-scale biomass combustion plants and cogeneration systems.Circulating Fluidized Bed (CFB) boilers feature a larger combustion chamber and high velocity air flow, facilitating efficient combustion of a wide range of biomass fuels, including agricultural residues and forestry biomass. CFB boilers are renowned for their ability to handle varying fuel types and moisture content, making them suitable for large-scale biomass power plants and utility applications. CFB boilers offer advantages in terms of higher efficiency and reduced emissions compared to traditional combustion technologies.
Global Biomass Boiler Market, By Fuel Type
The Global Biomass Boiler Market has been segmented by Fuel Type into Wood Chips, Wood Pellets, Agricultural Residues, and Forestry Residues
The wood chips segment dominates the biomass fuel market due to its widespread availability, cost-effectiveness, and suitability for large-scale industrial applications. Wood chips are primarily derived from forestry activities, sawmill residues, and dedicated energy plantations. Their relatively low processing requirements make them an economical option for biomass power plants, district heating systems, and co-firing with coal in conventional power stations. However, their higher moisture content and bulkiness pose challenges in storage, transportation, and combustion efficiency.
Wood pellets, on the other hand, are gaining traction due to their higher energy density, lower moisture content, and standardized size, making them an attractive choice for residential heating and small-scale commercial applications. The growing adoption of pellet stoves and boilers, particularly in Europe and North America, has fueled the demand for wood pellets. Their ease of handling, efficient combustion, and lower emissions compared to raw biomass contribute to their increasing preference. However, the production of wood pellets requires additional processing, making them relatively more expensive than raw biomass fuels.Agricultural residues, including straw, husks, bagasse, and corn stover, offer a renewable and cost-effective alternative for biomass energy production. These residues are byproducts of agricultural activities and are often underutilized or disposed of as waste. Utilizing agricultural residues for energy generation enhances sustainability and reduces environmental concerns associated with open burning. However, challenges such as seasonal availability, low bulk density, and high transportation costs limit their widespread adoption. Additionally, their chemical composition, including higher ash and alkali content, can lead to operational challenges in biomass combustion systems.
Forestry residues, consisting of branches, leaves, bark, and sawmill waste, play a crucial role in the biomass fuel market. These residues are generated during logging operations and wood processing activities, providing a sustainable fuel source without requiring additional deforestation. Their use in biomass power plants and cogeneration facilities contributes to waste reduction and carbon neutrality. However, similar to agricultural residues, forestry residues often require preprocessing to improve their combustion efficiency and transportability. In some cases, their collection and handling costs may offset the economic benefits, making them less competitive than other biomass fuel options.
Global Biomass Boiler Market, By Geography
In this report, the Global Biomass Boiler Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Biomass Boiler Market Share (%), by Geographical Region, 2024
In North America, particularly in the United States and Canada, the biomass boiler market is witnessing substantial growth fueled by increasing environmental concerns and government incentives promoting renewable energy sources. The region's abundant biomass resources, coupled with favorable regulatory policies and investments in renewable energy infrastructure, are driving the adoption of biomass boilers across various industries and residential sectors.
Europe stands as a leading market for biomass boilers, with countries like Germany, the United Kingdom, and Sweden spearheading the transition towards sustainable energy solutions. Stringent environmental regulations, ambitious renewable energy targets, and a growing emphasis on reducing carbon emissions are driving the demand for biomass boilers in the region. Technological advancements in biomass combustion technology and government subsidies for biomass heat and power generation further bolster market growth. With Europe's strong commitment to combating climate change and achieving energy independence, the biomass boiler market is poised for continued expansion in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Biomass Boiler Market. These factors include; Market Drivers, Restraints and Opportunities Analysis
Drivers, Restraints and Opportunities Analysis
Drivers
- Better biomass boiler technology
- Energy security needs
- Carbon emission targets rising
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Plenty of biomass available - The availability of abundant biomass resources serves as a significant driving force for the Global Biomass Boiler Market. Biomass, derived from organic materials such as wood, agricultural residues, and waste, offers a renewable and sustainable energy source. This ample availability of biomass feedstock ensures a steady and reliable supply for biomass boiler operations, reducing dependency on finite fossil fuels.
The abundance of biomass resources contributes to the resilience and stability of the biomass boiler market, offering long-term sustainability in energy production. The utilization of biomass for heat and power generation presents opportunities for mitigating waste streams and promoting circular economy principles. Biomass residues from forestry, agriculture, and other industries can be effectively converted into energy through biomass boilers, thus reducing landfill waste and minimizing environmental pollution.
Restraints
- Biomass quality and availability varies
- Biomass boiler systems not easily scalable
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Transportation and storage issues - Biomass materials, such as wood pellets, chips, and agricultural residues, often require specialized handling and transportation infrastructure due to their bulkiness and moisture content. In regions with limited biomass resources or inadequate transportation networks, logistics costs can escalate, affecting the overall competitiveness of biomass boiler systems.
Ensuring a steady and reliable supply of biomass feedstock to biomass boiler facilities is crucial for uninterrupted operations, necessitating efficient storage solutions and logistical planning to mitigate supply chain disruptions. Improving transportation networks, including roads, railways, and ports, can enhance biomass logistics, reduce transportation costs, and increase accessibility to biomass resources.
Opportunities
- Advancements in boiler technology
- Integrating with existing systems
- Collaborating with industries
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Using diverse biomass sources - Biomass boilers can utilize a wide range of organic materials such as wood chips, agricultural residues, and energy crops, providing flexibility in fuel selection based on regional availability and economic viability. This diversity in biomass sources reduces dependency on specific feedstocks, mitigating supply chain risks and ensuring a more stable market outlook.
The ability to utilize diverse biomass sources enhances the sustainability profile of biomass boiler systems, as it encourages the utilization of waste materials and byproducts, thereby reducing environmental impact and promoting circular economy principles. Research and development efforts focused on optimizing combustion processes for various biomass feedstocks enable the development of more efficient and adaptable biomass boiler systems.
Competitive Landscape Analysis
Key players in Global Biomass Boiler Market include
- Innasol Limited
- WDS Green Energy Limited
- AbioNova
- Babcock & Wilcox
- Dongfang Electric
- Mitsubishi Hitachi Power Sytems
- Harbin Electric
- Doosan Heavy Industries
- Bharat Heavy Electricals
- Ansaldo
- Siemens
- Thermax
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Feedstock Type
- Market Snapshot, By Product Type
- Market Snapshot, By Fuel Type
- Market Snapshot, By Region
- Global Biomass Boiler Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Better biomass boiler technology
- Energy security needs
- Carbon emission targets rising
- Plenty of biomass available
- Restraints
- Biomass quality and availability varies
- Biomass boiler systems not easily scalable
- Transportation and storage issues
- Opportunities
- Advancements in boiler technology
- Integrating with existing systems
- Collaborating with industries
- Using diverse biomass sources
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Biomass Boiler Market, By Feedstock Type, 2021 - 2031 (USD Million)
- Woody Biomass
- Agriculture & Forest Residues
- Biogas & Energy Crops
- Urban Residues
- Global Biomass Boiler Market, By Product Type, 2021 - 2031 (USD Million)
- Stoker Boilers
- Bubbling Fluidized Bed (BFB) Boilers
- Circulating Fluidized Bed (CFB) Boilers
- Global Biomass Boiler Market, By Fuel Type, 2021 - 2031 (USD Million)
- Wood Chips
- Wood Pellets
- Agricultural Residues
- Forestry Residues
- Global Biomass Boiler Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Biomass Boiler Market, By Feedstock Type, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Innasol Limited
- WDS Green Energy Limited
- AbioNova
- Babcock & Wilcox
- Dongfang Electric
- Mitsubishi Hitachi Power Sytems
- Harbin Electric
- Doosan Heavy Industries
- Bharat Heavy Electricals
- Ansaldo
- Siemens
- Thermax
- Company Profiles
- Analyst Views
- Future Outlook of the Market