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LAMEA Wood Pellets Biomass Boilers Market Size, Share & Trends Analysis Report By Application (Residential, and Commercial), By Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 86 Pages
  • March 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953518
The LAMEA Wood Pellets Biomass Boilers Market would witness market growth of 16.0% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Wood Pellets Biomass Boilers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $203.5 Million by 2030. The Argentina market is showcasing a CAGR of 16.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 15.7% during (2023 - 2030).



Automated fuel feeding systems eliminate the need for manual loading of biomass fuel into the boiler, improving user convenience and safety. The design of these systems can accommodate an extensive range of biomass feedstocks, such as wood fragments, wood pellets, and agricultural residues. Automated fuel feeding systems typically consist of feed augers, conveyor belts, or pneumatic systems that transport biomass fuel from storage bins or silos to the combustion chamber of the boiler. Advanced control systems regulate the fuel feed rate based on heating demand, ensuring optimal combustion efficiency and energy savings.

Furthermore, advancements in emission control technologies, including electrostatic precipitators (ESP) and selective catalytic reduction (SCR), contribute to the mitigation of pollutants, including nitrogen oxides, particulate matter, and volatile organic compounds (VOCs). As a result, biomass boilers are increasingly recognized for their environmentally sustainable nature. Selective catalytic reduction (SCR) is an emission control technology commonly used to reduce nitrogen oxide (NOx) emissions from combustion processes, including those in biomass boilers. In these boilers, SCR systems typically inject a reductant agent, such as ammonia or urea, into the flue gas stream before it enters a catalyst chamber.

As per the data released in 2021 by the International Energy Agency, Brazil’s biomass and waste sector generated 8% (approximately 51,435 GWh) of total electricity generation in the country in 2021. As of 2020, approximately 92% of biomass and waste electricity generation was generated by primary solid biofuels, 4% by industrial waste, 3% by biogases, and 1% by liquid biofuels. Furthermore, according to information from the United Arab Emirates Embassy in Washington, Abu Dhabi has allocated over $20 billion towards renewable energy initiatives via Masdar. Over the past decade, this investment has resulted in a 400 percent expansion of the UAE's renewable energy portfolio. Thus, the growing biomass and renewable energy sectors in LAMEA is expected to propel the demand for these boilers in the region.

Based on Application, the market is segmented into Residential, and Commercial. Based on Type, the market is segmented into Fully Automated Biomass Boiler, Semi-automated Industrial Biomass Boilers, Combined Heat and Power (CHP) Biomass Systems, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Andritz AG
  • Woodco Renewable Energy Limited
  • Carrier Global Corporation
  • Babcock & Wilcox Enterprises, Inc.
  • John Cockerill S.A.
  • Hurst Boiler & Welding Co, Inc.
  • thyssenkrupp AG
  • Thermax Limited
  • ETA Heiztechnik GmbH

Market Report Segmentation

By Application
  • Residential
  • Commercial
By Type
  • Fully Automated Biomass Boiler
  • Semi-automated Industrial Biomass Boilers
  • Combined Heat and Power (CHP) Biomass Systems
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Wood Pellets Biomass Boilers Market, by Application
1.4.2 LAMEA Wood Pellets Biomass Boilers Market, by Type
1.4.3 LAMEA Wood Pellets Biomass Boilers Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Wood Pellets Biomass Boilers Market by Application
4.1 LAMEA Residential Market by Country
4.2 LAMEA Commercial Market by Country
Chapter 5. LAMEA Wood Pellets Biomass Boilers Market by Type
5.1 LAMEA Fully Automated Biomass Boiler Market by Country
5.2 LAMEA Semi-automated Industrial Biomass Boilers Market by Country
5.3 LAMEA Combined Heat and Power (CHP) Biomass Systems Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Wood Pellets Biomass Boilers Market by Country
6.1 Brazil Wood Pellets Biomass Boilers Market
6.1.1 Brazil Wood Pellets Biomass Boilers Market by Application
6.1.2 Brazil Wood Pellets Biomass Boilers Market by Type
6.2 Argentina Wood Pellets Biomass Boilers Market
6.2.1 Argentina Wood Pellets Biomass Boilers Market by Application
6.2.2 Argentina Wood Pellets Biomass Boilers Market by Type
6.3 UAE Wood Pellets Biomass Boilers Market
6.3.1 UAE Wood Pellets Biomass Boilers Market by Application
6.3.2 UAE Wood Pellets Biomass Boilers Market by Type
6.4 Saudi Arabia Wood Pellets Biomass Boilers Market
6.4.1 Saudi Arabia Wood Pellets Biomass Boilers Market by Application
6.4.2 Saudi Arabia Wood Pellets Biomass Boilers Market by Type
6.5 South Africa Wood Pellets Biomass Boilers Market
6.5.1 South Africa Wood Pellets Biomass Boilers Market by Application
6.5.2 South Africa Wood Pellets Biomass Boilers Market by Type
6.6 Nigeria Wood Pellets Biomass Boilers Market
6.6.1 Nigeria Wood Pellets Biomass Boilers Market by Application
6.6.2 Nigeria Wood Pellets Biomass Boilers Market by Type
6.7 Rest of LAMEA Wood Pellets Biomass Boilers Market
6.7.1 Rest of LAMEA Wood Pellets Biomass Boilers Market by Application
6.7.2 Rest of LAMEA Wood Pellets Biomass Boilers Market by Type
Chapter 7. Company Profiles
7.1 Woodco Renewable Energy Limited
7.1.1 Company Overview
7.2 Hurst Boiler & Welding Co, Inc.
7.2.1 Company Overview
7.3 ETA Heiztechnik GmbH
7.3.1 Company Overview
7.4 Andritz AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Carrier Global Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Babcock & Wilcox Enterprises, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 John Cockerill S.A.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Thermax Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis

Companies Mentioned

  • Andritz AG
  • Woodco Renewable Energy Limited
  • Carrier Global Corporation
  • Babcock & Wilcox Enterprises, Inc.
  • John Cockerill S.A.
  • Hurst Boiler & Welding Co, Inc.
  • thyssenkrupp AG
  • Thermax Limited
  • ETA Heiztechnik GmbH

Methodology

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