CFB Boiler is characterized by
its compatibility with variety of fuels including low grade coal biomass and
others whereas, conventional boilers for power generation are available only
for fossil fuels such as high grade coal and oil and gas. Circulating Fluidized
Bed (CFB) boilers using fossil and renewable energy sources have been
successful in operation for the last two decades and have become popular due to
their impressive environmental performance as well as their fuel flexibility.
CFB Boiler, also circulating fluidized bed boilers, widely applied in oil &
gas, chemicals, manufacturing and others.
This allows for a wide range
of fuels to be burned efficiently. This includes low-grade and
difficult-to-burn fuels such as lignite, petroleum coke, oil shale, and biomass
within a wide range of mixing rates. Circulating Fluidized Bed (CFB) boiler has
played an important role in high efficient utilizing of coal resource due to
its excellent fuel flexibility and environmental friendly performance. It
developed as the beneficial supplement of pulverized coal boiler rapidly. The
global Circulating Fluid Bed Boilers market is poised to grow at an estimated
CAGR of 2.5% through the forecast period.
Industry Highlights
Fluidized
bed combustion and its two basic technologies segmented as bubbling fluidised
bed (BFB) and circulating fluidised bed (CFB) technology. Fluidized bed
combustion (FBC) has been and continues to be the backbone of Finnish power
plant boiler technology. FBC provides a solution that is inexpensive and
flexible in terms of fuel choice. This solution has improved the profitability
of heat and electricity cogeneration, making it a more viable option in
application areas such as district heating. Industrial progress and
infrastructural development witnessed across developing countries have
considerably fuelled the energy demand. Major industries that benefit from this
technology include textiles, paper, fertilizer, chemicals and petroleum
refining. Additionally, benefits such as solving energy crisis and decreased
dependence on grid power push the market towards growth.
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Key Players
We
recognize the key players in the global circulating fluid bed boilers market as
Alfa Laval AB (Sweden), Alstom SA (France), Dongfang Boiler Group Co., Ltd.
(China), AE&E Nanjing Boiler Co., Ltd (China), Babcock & Wilcox
Enterprises (U.S.), Bharat Heavy Electricals Limited (India), Mitsubishi Heavy
Industries, Ltd (Japan), Shanghai Boiler Works Co., Ltd (China), Thermax. D Ltd
(India) and Doosan Heavy Industries & Construction Company Limited (UAE).
Regional Outlook
The
geographic market is segmented as North America, Europe, Asia-Pacific and Rest
of the World (RoW).North America region is the leading market for Circulating
Fluid Bed Boilers market and is followed by Europe. Rising awareness for the
need to control gas emission and increase operational efficiency are some of
the factor driving the market towards growth. Countries located in Asia Pacific
is expected to account for higher share in the globally installed capacity base
of CFB boilers.
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