Key Findings
The Asia-Pacific industrial biomass boiler market is estimated to propel with a 12.34% CAGR during the assessment period, 2023-2032. Increasing energy demand and depleting fossil fuel resources drive market growth in the region.
Market Insights
The Asia-Pacific industrial biomass boiler market growth evaluation entails the analysis of South Korea, India, China, Japan, Australia, and Rest of Asia-Pacific. With Indonesia’s recovery from the Asian financial crisis of 1998, energy consumption has grown rapidly in the past decade. The priority of the Indonesian energy policy is to reduce oil consumption and use renewable energy. For power generation, it is important to increase electricity power to meet national demand and to change fossil fuel consumption by utilization of biomass wastes. The development of renewable energy is one of the priority targets in Indonesia.
On the other hand, Thailand’s annual energy consumption has risen sharply during the past decade and will continue its upward trend in the years to come. While energy demand has risen sharply, domestic sources of supply are limited, thus forcing a significant reliance on imports. To face this increasing demand, Thailand needs to produce more energy from its renewable resources, particularly biomass wastes derived from agro-industry, such as bagasse, rice husk, wood chips, livestock, and municipal wastes.
Competitive Insights
Leading market players are Outotec Oyj, FSE Energy Inc, ESI Scotland, Ecovision Systems Ltd, etc.
Our report offerings include:
The Asia-Pacific industrial biomass boiler market is estimated to propel with a 12.34% CAGR during the assessment period, 2023-2032. Increasing energy demand and depleting fossil fuel resources drive market growth in the region.
Market Insights
The Asia-Pacific industrial biomass boiler market growth evaluation entails the analysis of South Korea, India, China, Japan, Australia, and Rest of Asia-Pacific. With Indonesia’s recovery from the Asian financial crisis of 1998, energy consumption has grown rapidly in the past decade. The priority of the Indonesian energy policy is to reduce oil consumption and use renewable energy. For power generation, it is important to increase electricity power to meet national demand and to change fossil fuel consumption by utilization of biomass wastes. The development of renewable energy is one of the priority targets in Indonesia.
On the other hand, Thailand’s annual energy consumption has risen sharply during the past decade and will continue its upward trend in the years to come. While energy demand has risen sharply, domestic sources of supply are limited, thus forcing a significant reliance on imports. To face this increasing demand, Thailand needs to produce more energy from its renewable resources, particularly biomass wastes derived from agro-industry, such as bagasse, rice husk, wood chips, livestock, and municipal wastes.
Competitive Insights
Leading market players are Outotec Oyj, FSE Energy Inc, ESI Scotland, Ecovision Systems Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments