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Rapid growth of industrialization in countries such as China Nick Easton Game Jersey , India, Vietnam, and Brazil among others is expected to demand a huge amount of electricity. To meet this growing demand of
electricity, governments are spending heavily in the development of new power
plants and upgradation of existing power plants. The development and upgradation
of new and existing power plant prove to be a potential market for utility
boiler manufacturers. In developed countries such as U.S, U.K. and
Germany Erik McCoy Game Jersey , government is promoting and constructing power plants using cleaner energy such as biomass, biogas, waste-to-energy which will
drive the advance utility boiler power plant boiler market is projected to reach
USD 24.40 Billion by 2021. The market size was valued at USD 19.16 Billion in
2015, and is expected to grow at a CAGR of 4.1% during the forecast
period.
The report covers major market players such as Siemens AG (Germany), AMEC Foster Wheeler (U.K.) Alvin Kamara Game Jersey , Babcock & Wilcox (U.S.), GE (U.S.) along with other prominent manufacturers of power plant boilers.
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Scope of the report:
??This study estimates the global market of power plant boiler, in terms of USD till 2021
??It offers a detailed qualitative and quantitative analysis of this market
??It provides a comprehensive review of major market drivers, restraints,
opportunities Marshon Lattimore Game Jersey , challenges, winning imperatives, and key issues of the market
??It covers various important aspects of the market. These include analysis of value chain, Porter?? Five Forces model, competitive
landscape Tre'Quan Smith Game Jersey , market dynamics, market estimates in terms of value, and future trends in the power plant boiler market.
The market has been segmented into -
On the basis of Type
??Pulverized fuel Boiler
??Circulation Fluidized Bed Boiler
??Others
On the basis of Technology
??Subcritical
??Supercritical
??Ultra-Supercritical
On the basis of Fuel Type
??Coal
??Oil
??Gas
??Others
Browse 55 tables and 37 figures spread through 150 Pages and in-depth TOC on "Power Plant
Boiler Market - Global Trends & Forecast to 2021"
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Easy availability, sourcing, and transportation of coal is expected to drive the market for pulverized fuel type boiler
Power generation energy mix in most of the countries is dominated by coal. The overall capital requirement
for setting up a coal based power plant is comparatively less compared to other
fuel based power plants. Also Marcus Davenport Game Jersey , coal is easily available in most of the countries, and can also be transported from one place to other without any
hassle. Hence, pulverized fuel boiler is estimated to control major share of the
market due to large number of coal based power plant projects especially in
China and India.
Supercritical boiler technology to capture major share of power plant boiler market
Supercritical boilers have more efficiency compared to subcritical boilers and causes less COx, NOx, and SOx emissions. These
factors facilitates the technological advancement of supercritical boiler and
hence the demand and number of installation for these boilers is the highest
among others. . However Michael Thomas Game Jersey , with the advent of technology the ultra-supercritical technology boiler manufacturers are coming with boilers
which are superior in terms of efficiency and have lowest pollutant emission.
These benefits have made ultra-supercritical boiler very popular in the power
plant boiler market and are estimated to grow at the highest rate during the
next five years.
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Asia-Pacific to dominate the global power plant boiler market
Rapid industrialization in China, India, and other developing countries, and switch to cleaner power generation sources such as
biogas and biomass in developed countries is estimated to drive the market for
power plant boilers in Asia-Pacific region.
About MarketsandMarkets
MarketsandMarkets??provides quantified B2B research on 30,000 high growth niche opportunitiesthreats which will impact 70% to 80% of
worldwide companies??revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75 Drew Brees Game Jersey ,000 top officers across eight industries worldwide approach MarketsandMarkets??for their painpoints around revenues
decisions.
MarketsandMarkets?? flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire
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Posted 10 Aug 2019

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