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The Key Trends That Makes Power Plant Boiler Market Grow Rapidly and Set New Goals

Rapid growth of industrialization in countries such as China, India, Vietnam, and Brazil among others is expected to demand a huge amount of electricity. To meet this growing demand of electricity, governments are spending heavily in the development of new power plants and upgradation of existing power plants.

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The Key Trends That Makes Power Plant Boiler Market Grow Rapidly and Set New Goals

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  1. The Key Trends That Makes Power Plant Boiler Market Grow Rapidly and Set NewGoals • The report "Power Plant Boiler Market, by Type (Pulverized Fuel, Circulation Fluidized Bed, Others), by Technology (Subcritical, Supercritical, Ultra-supercritical), by Fuel Type (Coal, Gas, Oil, and Others), & Region - Global Trends & Forecast to 2021". Rapid growth of industrialization in countries such as China, India, Vietnam, and Brazil among others is expected to demand a huge amount of electricity. To meet this growing demand of electricity, governments are spending heavily in the development of new power plants and upgradation of existing power plants. The development and upgradation of new and existing power plant prove to be a potential market for utility boiler manufacturers. In developed countries such as U.S, U.K. and Germany, government is promoting and constructing power plants using cleaner energy such as biomass, biogas, waste-to-energy which will drive the advance utility boiler market. The power plant boiler market is projected to reach USD 24.40 Billion by 2021. The market size was valued at USD 19.16 Billion in 2015 and is expected to grow at a CAGR of 4.1% during the forecastperiod. • Get Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=117514945 • Browse 55 tables and 37 figures spread through 150 Pages and in-depth TOC on "Power Plant Boiler Market - Global Trends & Forecast to2021" • On the basis ofType • Pulverized fuelBoiler • Circulation Fluidized BedBoiler • Others • On the basis ofTechnology • Subcritical • Supercritical • Ultra-Supercritical • On the basis of FuelType • Coal • Oil • Gas

  2. Others • On the basis ofRegion • NorthAmerica • SouthAmerica • Asia-Pacific • Middle East &Africa • Europe • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=117514945 • Easy availability, sourcing, and transportation of coal is expected to drive the market for pulverized fuel typeboiler • 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-basedpowerplants.Also,coaliseasilyavailableinmostofthecountries,andcanalsobe • 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 andIndia. • Supercritical boiler technology to capture major share of power plant boilermarket • 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 plantboilermarketandareestimatedtogrowatthehighestrateduringthenextfiveyears. • Buy This Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=117514945 • Asia-Pacific to dominate the global power plant boilermarket • 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-Pacificregion.

  3. The report covers major market players such as Siemens AG (Germany), AMEC Foster Wheeler (U.K.), Babcock & Wilcox (U.S.), GE (U.S.) along with other prominent manufacturers of power plantboilers. AboutMarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenuesdecisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understandingoftheunmetinsightsalongwithmarketsizingandforecastsofnichemarkets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 DundeeRoad Suite430 Northbrook, IL60062 USA :1-888-600-6441 sales@marketsandmarkets.com

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