Biomass Boiler Market has been valued at US$ 5.96 billion in the year 2021 and it is estimated to reach US$ 10.75 billion by the year 2027, with a CAGR of 17.5% from 2022 to 2027. Biomass Boiler off gas enters into the suction line of the compressor, is compressed and sent either to a condenser for re-liquefaction, fed into a gas turbine as fuel in a power generation plant, or is directed into a pipeline for city gas usage; these are the main factors that have considerably increased the demand for the Biomass Boiler in the market, thereby driving the huge growth of the market in the upcoming years

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the Biomass Boiler in the market are mainly due to the fully automatic appliances, that show similar properties of oil or gas boilers and use advanced controls, which cleverly regulate the amount of fuel delivered to the burner to match the heat demand on the boiler. The fuel is then fed to the burner through an auger connected to the adjacent pellet hopper. This can, in turn, be automatically supplied from a bulk pellet store, which can vary in size.

This report projects the trends and opportunities of the global biomass boiler market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period; these are the main factors that have considerably increased the demand for Biomass boilers in the market, thereby driving the huge growth of the market in the upcoming years

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The report is segmented as:

Biomass Boiler Market is segmented on the basis of:

By Feedstock (Woody Biomass, Agricultural Biomass, Urban Residue),

By Technology (Stoker Boiler, Fluidized Bed Boiler)

Geographical Segmentation:

Biomass Boiler Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and the rest of the world. North America has the dominant share in the Biomass Boiler due to the increased installation of biomass boilers across the developed as well as the developing countries these are the main factors that have considerably increased the demand for the Biomass Boiler in North America, followed by Europe, Asia Pacific, Latin America, and the Middle East & Africa will register a slower increase in the Biomass Boiler Market

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Impact of COVID-19 on the Market

Covid -19 pandemic has created huge losses in every sector across the world, and a temporary lack of growth in export and import activities, which has impacted the raise of Biomass Boiler market growth. Due to covid-19 many companies have shut down and stopped their production which has decreased the availability of Biomass Boiler. Due to the government restrictions like lockdown in many countries have stopped the production of products by the manufacturing companies. In recent days relaxation in restrictions by the government and people getting vaccinated to stop the spread of coronavirus are expected to raise the Biomass Boiler market growth.

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