Industrial Biomass Boiler Market

By Feedstock;

Woody Biomass, Agriculture Biomass and Urban Residue

By Capacity;

2-10 MW, 10-25 MW and 25-50 MW

By Application;

Combined Heat & Power (CHP) Production, Pulp & Paper, Power Generation, Sawmill, Brewery and Others

By Type;

Stoker Boilers and Fluidized Bed Boilers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn850225444 Published Date: September, 2025 Updated Date: October, 2025

Industrial Biomass Boiler Market Overview

Industrial Biomass Boiler Market (USD Million)

Industrial Biomass Boiler Market was valued at USD 107.07 million in the year 2024. The size of this market is expected to increase to USD 158.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%


Industrial Biomass Boiler Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 107.07 Million
Market Size (2031)USD 158.88 Million
Market ConcentrationMedium
Report Pages312
107.07
2024
158.88
2031

Major Players

  • FSE Energy, Inc.
  • Hurst Boiler & Welding Co, Inc.
  • Indeck Power Equipment Company
  • ISGEC Heavy Engineering Limited
  • JANSEN Combustion and Boiler Technologies, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Industrial Biomass Boiler Market

Fragmented - Highly competitive market without dominant players


The Industrial Biomass Boiler Market is experiencing rapid momentum as industries adopt renewable and sustainable energy solutions. Biomass boilers are increasingly valued for their ability to reduce carbon emissions and optimize energy efficiency, with adoption rates rising by nearly 30% in heavy industries. This shift is significantly reshaping the industrial heating landscape, aligning operations with clean energy goals.

Key Drivers and Opportunities
The market is strongly driven by the push toward decarbonization and stricter environmental standards. Around 40% of industrial users have switched to biomass boilers to minimize dependency on fossil fuels. The growing demand for cost-effective and eco-friendly heating systems creates lucrative opportunities for innovation and scalability across industrial sectors.

Technological Advancements Enhancing Growth
Continuous innovation has strengthened biomass boiler adoption. Developments in automation, advanced combustion systems, and emission control technologies have improved efficiency levels by nearly 35%, making these systems more appealing for long-term investment. Integration with digital monitoring solutions further boosts performance reliability and reduces operational risks.

Strategic Collaborations and Industry Growth
Partnerships, mergers, and collaborations are reinforcing market strength. Nearly 25% of recent projects are the result of joint ventures focusing on innovation, fuel flexibility, and large-scale biomass utilization. These alliances, along with ongoing R&D, are accelerating growth pathways and solidifying biomass boilers as a cornerstone of industrial sustainability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Feedstock
    2. Market Snapshot, By Capacity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Type
    5. Market Snapshot, By Region
  4. Industrial Biomass Boiler Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Incentives and Subsidies
        2. Technological Advancements
        3. Corporate Sustainability Goals
      2. Restraints
        1. High Initial Investment
        2. Limited Fuel Availability
        3. Logistical Challenges
      3. Opportunities
        1. Expansion in Developing Markets
        2. Government Incentives and Policies
        3. Increasing Focus on Renewable Energy
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Biomass Boiler Market, By Feedstock, 2021 - 2031 (USD Million)
      1. Woody Biomass
      2. Agriculture Biomass
      3. Urban Residue
    2. Industrial Biomass Boiler Market, By Capacity, 2021 - 2031 (USD Million)
      1. 2-10 MW
      2. 10-25 MW
      3. 25-50 MW
    3. Industrial Biomass Boiler Market, By Application, 2021 - 2031 (USD Million)
      1. Combined Heat & Power (CHP) Production
      2. Pulp & Paper
      3. Power Generation
      4. Sawmill
      5. Brewery
      6. Others
    4. Industrial Biomass Boiler Market, By Type, 2021 - 2031 (USD Million)
      1. Stoker Boilers
      2. Fluidized Bed Boilers
    5. Industrial Biomass Boiler Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ANDRITZ Group
      2. Babcock & Wilcox Enterprises, Inc.
      3. Thermax Limited
      4. GE & Alstom Energy
      5. Viessmann Group
      6. Hurst Boiler & Welding Company
      7. Aalborg Energie Technik A/S
      8. Baxi Group Limited
      9. Dongfang Boiler Group
      10. Byworth Boilers Ltd.
      11. Clyde Bergemann Power Group
      12. VYNCKE N.V.
      13. ISGEC Heavy Engineering Ltd.
      14. AFS Energy Systems
      15. Zhejiang Boiler (ZBG Industries)
  7. Analyst Views
  8. Future Outlook of the Market