Fuel Flexible Boiler Market 2024-2028: Size and Resistant to slagging, fouling, and corrosion; growth driven by the End-user, Some of key Companies Positioned Strategically
The fuel flexible boiler market size by End-user (Food and beverages, Chemicals and petrochemicals, Pulp and paper, Oil and gas, and Others) and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 1267.1 million. The market is expected to grow at a CAGR of 4.5% between 2024 and 2028.
- In the context of coal-fired boilers, slagging and fouling are significant issues that adversely impact efficiency and reliability. Slagging, which involves the formation of ash deposits on furnace heat transfer surfaces due to radiant heat exposure, can lead to diminished efficiency and even boiler shutdowns. Fouling, on the other hand, occurs in the convective passages and results from the deposition of mineral and organic matter. The global utility industry faces substantial financial consequences, with slagging incidents estimated to cost billions of dollars annually in lost power generation and equipment repair. Additionally, corrosion in boiler furnaces is predominantly caused by the introduction of dissolved oxygen into the system via feed water.
- The Fuel Flexible Boiler Market is experiencing significant growth due to increasing demand for energy efficiency and cost savings. These boilers offer the flexibility to switch between various fuel types, reducing reliance on a single fuel source and mitigating price volatility. Key players in this market prioritize innovation, focusing on advanced technologies and energy management systems to cater to diverse customer needs. The market is projected to expand at a robust CAGR, driven by regulatory support and the shift towards sustainable energy solutions.
Access the full report to know who are the other key countries segment-wise forecast and historic data
![](https://www.technavio.com/image/IRTNTR72897_nr_info_v5.jpg)
Some of the Key Companies:
- AE and E Nanjing Boiler Co. Ltd.
- Alfa Laval AB
- ALSTOM SA
- Andritz AG
- Babcock and Wilcox Enterprises Inc.
- Bharat Heavy Electricals Ltd.
- Cheema Boilers Ltd.
- Doosan Heavy Industries and Construction Co. Ltd.
- Fluor Corp.
- General Electric Co.
- Larsen and Toubro Ltd.
- Mitsubishi Heavy Industries Ltd.
- Parker Boiler Co.
- RAJDEEP BOILER PVT. LTD.
- Shanghai Electric Group Co.
- Siemens AG
- Thermax Ltd.
- thyssenkrupp Industries India Pvt. Ltd.
- Walchandnagar Industries Ltd.
- Zhengzhou Boiler (Group) Co. Ltd.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/