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 Residues

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn322828806 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Feedstock Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Fuel Type
    4. Market Snapshot, By Region
  4. Global Biomass Boiler Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Better biomass boiler technology
        2. Energy security needs
        3. Carbon emission targets rising
        4. Plenty of biomass available
      2. Restraints
        1. Biomass quality and availability varies
        2. Biomass boiler systems not easily scalable
        3. Transportation and storage issues
      3. Opportunities
        1. Advancements in boiler technology
        2. Integrating with existing systems
        3. Collaborating with industries
        4. Using diverse biomass sources
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Biomass Boiler Market, By Feedstock Type, 2021 - 2031 (USD Million)
      1. Woody Biomass
      2. Agriculture & Forest Residues
      3. Biogas & Energy Crops
      4. Urban Residues
    2. Global Biomass Boiler Market, By Product Type, 2021 - 2031 (USD Million)
      1. Stoker Boilers
      2. Bubbling Fluidized Bed (BFB) Boilers
      3. Circulating Fluidized Bed (CFB) Boilers
    3. Global Biomass Boiler Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Wood Chips
      2. Wood Pellets
      3. Agricultural Residues
      4. Forestry Residues
    4. Global Biomass Boiler Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Innasol Limited
      2. WDS Green Energy Limited
      3. AbioNova
      4. Babcock & Wilcox
      5. Dongfang Electric
      6. Mitsubishi Hitachi Power Sytems
      7. Harbin Electric
      8. Doosan Heavy Industries
      9. Bharat Heavy Electricals
      10. Ansaldo
      11. Siemens
      12. Thermax
  7. Analyst Views
  8. Future Outlook of the Market