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INDIA INDUSTRIAL BIOMASS BOILER MARKET FORECAST 2023-2030

SCOPE OF THE REPORT

India Industrial Biomass Boiler Market by Feedstock (Woody Biomass, Agriculture Biomass, Urban Residue) Market by Capacity (2-10 MW, 10-25 MW, 25-50 MW) Market by Application (Pulp & Paper, Brewery, Sawmill, CHP Production, Power Generation, Other Applications)


MARKET OVERVIEW

The India industrial biomass boiler market is anticipated to grow with a 12.86% CAGR by 2030, and is estimated to generate $xx million in terms of revenue between the forecasted period, 2023-2030.

The India industrial biomass boiler market is experiencing growth due to the adoption of biomass energy sources to substitute depleting fossil fuels and meet the increasing energy demand in the country. According to Energy Alternatives India, around 450-500 million tons of biomass are generated annually in India, providing 32% of primary energy and meeting the needs of 70% of the Indian population. The government has proposed that biodiesel will contribute 20% to the diesel requirements, using plants such as Neem and Mahua. In addition, Indian Institute of Science (India) has identified over 300 districts with the potential for 10-100MW of biomass power generation.

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The India industrial biomass boiler market evaluation includes segmentation by capacity, applications, and feedstock. Market by feedstock includes urban residue, woody biomass, and agriculture biomass.

Woody biomass from timber industries, sawmills, and forest residue is proving a popular renewable energy source due to its cost-effectiveness, flexibility and easy availability. Nonetheless, Forest Product Laboratories have stated that transporting woody biomass outside a 50-mile radius is usually not cost effective. Therefore, users will often assess the local wood supply structure beforehand to avoid huge transport charges.

Agricultural biomass utilizes a range of crops, including food-based crops such as sugarcane and corn, as well as non-food-based crops like stalks, leaves and husks, which have high costs associated with their recovery. This leads the market to focus on technological and infrastructural development for economic recovery in processing facilities.

Some of the players in the India industrial biomass boiler market include Alstom SA, Andritz AG, Babcock Power Inc, General Electric, etc. 

General Electric Company (GE) is a digital industrial company operating globally. The company operates its business under seven segments: power, oil & gas, renewable energy, healthcare, aviation, transportation, and lighting. The company operates in 130 countries and through subsidiaries, including GE Capital, GE Power, GE Healthcare, GE Lighting, GE Aviation, GE Transportation, GE Automation and Controls, and many more. 

In 2018, the company announced its intention to restructure the businesses within its Power segment into GE Power Portfolio & Gas Power and remove the Power headquarters structure to reduce costs and enhance operations. After completion, GE Gas Power will be a unified gas life cycle business merging its Gas Power Systems and Power Services businesses, while Power Portfolio will include its Steam Power Conversion, Power Systems, and GE Hitachi Nuclear businesses. The company expects the restructuring to be finalized by the second half of 2019.

GE offers pulverized coal (PC) boilers capable of burning an extensive range of hard coals, lignite, oil/gas, and CFB for both conventional and difficult-to-burn fuels. The company also offers boiler services (up gradation, repair & maintenance, and parts).

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2030
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Feedstock, Capacity, and Application
Countries AnalyzedIndia
Companies AnalyzedAlstom SA, Andritz AG, Babcock Power Inc, Clyde Bergemann Power Group Inc, General Electric

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS
    4. KEY GROWTH ENABLERS
    5. KEY CHALLENGES
  3. KEY ANALYTICS
    1. IMPACT OF COVID-19 ON INDUSTRIAL BIOMASS BOILER MARKET
    2. KEY MARKET TRENDS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. OPPORTUNITY MATRIX
    5. PESTLE ANALYSIS – INDIA
    6. KEY BUYING CRITERIA
    7. REGULATORY FRAMEWORK
  4. MARKET BY FEEDSTOCK
    1. WOODY BIOMASS
    2. AGRICULTURE BIOMASS
    3. URBAN RESIDUE
  5. MARKET BY CAPACITY
    1. 2-10 MW
    2. 10-25 MW
    3. 25-50 MW
  6. MARKET BY APPLICATION
    1. PULP & PAPER
    2. BREWERY
    3. SAWMILL
    4. CHP PRODUCTION
    5. POWER GENERATION
    6. OTHER APPLICATIONS 
  7. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ALSTOM SA 
      2. ANDRITZ AG
      3. BABCOCK POWER INC
      4. CLYDE BERGEMANN POWER GROUP INC
      5. GENERAL ELECTRIC

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – INDUSTRIAL BIOMASS BOILER

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 4: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 5: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 6: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY CAPACITY, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 7: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 8: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 9: LIST OF MERGERS & ACQUISITIONS

TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: KEY BUYING CRITERIA

FIGURE 5: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2022

FIGURE 6: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2023-2030 (IN $ MILLION)

FIGURE 7: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS, 2023-2030 (IN $ MILLION)

FIGURE 8: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2023-2030 (IN $ MILLION)

FIGURE 9: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY CAPACITY, IN 2022 

FIGURE 10: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2023-2030 (IN $ MILLION)

FIGURE 11: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 10-25 MW, 2023-2030 (IN $ MILLION)

FIGURE 12: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY 25-50 MW, 2023-2030 (IN $ MILLION)

FIGURE 13: INDIA INDUSTRIAL BIOMASS BOILER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022 

FIGURE 14: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2023-2030 (IN $ MILLION)

FIGURE 15: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2023-2030 (IN $ MILLION)

FIGURE 16: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2023-2030 (IN $ MILLION)

FIGURE 17: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY CHP PRODUCTION, 2023-2030 (IN $ MILLION)

FIGURE 18: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2023-2030 (IN $ MILLION)

FIGURE 19: INDIA INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

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