Energy and Power Power Plant Boiler Market | Page 2

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Others
On the basis of Region
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North America
South America
Asia-Pacific
Middle East & Africa
Europe
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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, 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 facilitate the technological advancement of supercritical
boiler and hence the demand and number of installation for these boilers is the highest among
others. However, 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.