Market By Type (Stocker boilers, Fluidized bed boilers) Feedstock (Woody Biomass, Agriculture Biomass, Urban Residue) Output Range (2-10 MW, 10- 25 MW, 25- 50 MW) End-use (Combined Heat and Power (CHP) Production, Pulp & Paper, Power Generation, Sawmill, Brewery, Other End-uses) and Country Outlook | Forecast 2025-2032
Triton’s research analysis states that the industrial biomass boiler market in Asia-Pacific is estimated to gain revenue at a CAGR of 12.73% over the forecast years 2025-2032.
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The Asia-Pacific industrial biomass boiler market is expanding rapidly, driven by increasing energy demands, government support for renewable energy, and industrial growth. China and India are at the forefront of this shift, utilizing agricultural waste for biomass energy. China has adopted favorable policies encouraging biomass use to reduce pollution from coal plants, with many installations in provinces like Henan and Shandong. India, with its diverse agricultural sector, is also making significant strides, backed by initiatives like the National Biofuel Policy, fostering biomass energy projects in states like Punjab and Haryana. Australia is another key player, focusing on advanced biomass technologies and forestry practices, with projects such as biomass power plants in New South Wales utilizing wood waste for energy recovery.
The countries researched in this region include:
China holds the largest market share, achieving around $1366.58 million in 2024.
Government initiatives across the country are actively promoting the adoption of renewable energy sources, including biomass. For instance, various countries are implementing feed-in tariffs and grant programs to incentivize the installation of biomass boilers.
China is also witnessing advancements in biomass boiler technologies that enhance efficiency and reduce emissions. Companies are increasingly integrating smart technologies and automation in these systems to improve operational performance.
Other notable examples include the commissioning of over 1,300 biomass power plants across China, demonstrating a robust commitment to biomass as a renewable energy source.
Consequently, industrial biomass boilers are finding applications in various sectors, including manufacturing, food processing, and agriculture. An increasing recognition of the environmental and economic benefits of these systems is encouraging their adoption across multiple industries in the country.
Industrial Biomass Boiler Market Forecast for ASEAN Countries
ASEAN governments are actively implementing policies and incentives to promote the adoption of biomass energy, including feed-in tariffs, tax breaks, and subsidies for biomass boiler projects. For example, Indonesia has established ambitious renewable energy targets and favorable regulations to boost biomass usage, particularly from agricultural waste such as palm oil residues. The region is also witnessing innovative advancements in biomass boiler technologies. Companies are adopting enhanced conversion technologies such as gasification and anaerobic digestion, which improve the efficiency of biomass energy production and reduce environmental impact. This has led to greater efficiency gains in boiler operations, making biomass a viable alternative to fossil fuels.
The studied market is categorized into type, feedstock, output range, and end-use. The feedstock segment comprises woody biomass, agriculture biomass, and urban residue. Woody biomass, which includes materials like wood chips, sawdust, and forestry residues, is a crucial feedstock for industrial biomass boilers. Countries such as China, Japan, and Malaysia rely heavily on woody biomass due to its wide availability and affordability. In particular, Japan’s Feed-in Tariff (FIT) and China’s renewable energy policies have been instrumental in driving the adoption of woody biomass in sectors like manufacturing, agriculture, and forestry. These policies support the region’s broader shift toward cleaner energy solutions, helping to reduce carbon emissions and promote sustainability across industries.
Contender Analysis in the Industrial Biomass Boiler Market:
Babcock & Wilcox Enterprises Inc (B&W) expanded its operations in the Asia-Pacific region by establishing a headquarters in Perth, Australia, in 2020. The company further extended its presence across multiple countries, including Indonesia, the Philippines, Vietnam, Thailand, China, and India, to enhance its regional market footprint. B&W’s three core business segments—B&W Environmental, B&W Renewable, and B&W Thermal—leverage resources from these operations to address the growing demand for sustainable energy solutions in the Asia-Pacific region.
The other important contenders in the industrial biomass boiler market are Detroit Stoker Company, Hurst Boiler & Welding Co Inc, Industrial Boilers America, KMW Energy Group, etc.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2025-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the industrial biomass boiler market revenue growth in Asia-Pacific and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Asia-Pacific industrial biomass boiler market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. PORTER’S FIVE FORCES
ANALYSIS
2.1.1. THREAT OF NEW ENTRANTS
2.1.2. THREAT OF SUBSTITUTES
2.1.3. BARGAINING POWER OF
BUYERS
2.1.4. BARGAINING POWER OF
SUPPLIERS
2.1.5. THREAT OF COMPETITIVE
RIVALRY
2.2. MARKET MATURITY ANALYSIS
2.3. SUPPLY CHAIN ANALYSIS
2.3.1. RAW MATERIAL PROVIDERS
2.3.2. COMPONENTS SUPPLIERS
2.3.3. TECHNOLOGY INNOVATORS
2.3.4. EQUIPMENT MANUFACTURERS
2.3.5. SUPPLY CHAIN
DISTRIBUTORS
2.3.6. END-USERS
2.3.7. MAINTENANCE AND SERVICE
EXPERTS
2.4. KEY BUYING IMPACT
ANALYSIS
2.4.1. FUEL ADAPTABILITY
2.4.2. ECONOMIC STRUCTURE
2.4.3. ENERGY EFFICIENCY
2.4.4. SCALABILITY AND
PERFORMANCE
2.4.5. ENVIRONMENTAL COMPLIANCE
2.4.6. SIMPLIFIED INSTALLATION
2.4.7. ADDITIONAL SYSTEMS AND
FEATURES
2.5. REGULATORY FRAMEWORK
2.6. KEY MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT LAUNCHES
2.6.3. ACQUISITIONS
2.6.4. BUSINESS DIVESTITURES
& EXPANSIONS
2.7. MARKET DRIVERS
2.7.1. COST-EFFECTIVE AND
ECO-FRIENDLY SOLUTIONS
2.7.2. GOVERNMENTAL REGULATORY
SUPPORT
2.7.3. TECHNOLOGICAL INNOVATIONS
2.8. MARKET CHALLENGES
2.8.1. DEMAND FOR ADVANCED
MANAGEMENT SYSTEMS
2.8.2. EXTENSIVE INSTALLATION
EXPENSES
2.8.3. COMPLEX HANDLING
COMPARED TO CONVENTIONAL BOILERS
2.9. MARKET OPPORTUNITIES
2.9.1. REVENUE GENERATION
OPPORTUNITIES VIA CARBON CREDIT TRADING
2.9.2. INCREASED DEMAND FOR
BIOMASS IN DISTRICT HEATING SYSTEMS
2.9.3. EXPANDING POTENTIAL FOR
BIOMASS-BASED ENERGY SOLUTIONS
2.10. ANALYST PERSPECTIVE
3. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – BY TYPE
3.1. STOCKER BOILERS
3.2. FLUIDIZED BED BOILERS
4. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – BY FEEDSTOCK
4.1. WOODY BIOMASS
4.2. AGRICULTURE BIOMASS
4.3. URBAN RESIDUE
5. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – BY OUTPUT RANGE
5.1. 2-10 MW
5.2. 10-25 MW
5.3. 25-50 MW
6. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – BY END-USE
6.1. COMBINED HEAT AND POWER
(CHP) PRODUCTION
6.2. PULP & PAPER
6.3. POWER GENERATION
6.4. SAWMILL
6.5. BREWERY
6.6. OTHER END-USES
7. ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET – BY COUNTRY OUTLOOK
7.1. ASIA-PACIFIC
7.1.1. COUNTRY ANALYSIS
7.1.1.1. CHINA
7.1.1.1.1. CHINA INDUSTRIAL BIOMASS
BOILER MARKET FORECAST & PROSPECTS
7.1.1.2. INDIA
7.1.1.2.1. INDIA INDUSTRIAL BIOMASS
BOILER MARKET FORECAST & PROSPECTS
7.1.1.3. ASEAN COUNTRIES
7.1.1.3.1. ASEAN COUNTRIES INDUSTRIAL
BIOMASS BOILER MARKET FORECAST & PROSPECTS
7.1.1.4. JAPAN
7.1.1.4.1. JAPAN INDUSTRIAL BIOMASS
BOILER MARKET FORECAST & PROSPECTS
7.1.1.5. AUSTRALIA & NEW
ZEALAND
7.1.1.5.1. AUSTRALIA & NEW
ZEALAND INDUSTRIAL BIOMASS BOILER MARKET FORECAST & PROSPECTS
7.1.1.6. SOUTH KOREA
7.1.1.6.1. SOUTH KOREA INDUSTRIAL
BIOMASS BOILER MARKET FORECAST & PROSPECTS
7.1.1.7. REST OF ASIA-PACIFIC
7.1.1.7.1. REST OF ASIA-PACIFIC INDUSTRIAL
BIOMASS BOILER MARKET FORECAST & PROSPECTS
8. COMPETITIVE LANDSCAPE
8.1.1. ATTSU
8.1.1.1. OVERVIEW
8.1.1.2. PORTFOLIO
8.1.2. BABCOCK & WILCOX
ENTERPRISES INC
8.1.2.1. OVERVIEW
8.1.2.2. PORTFOLIO
8.1.3. COIMA SRL
8.1.3.1. OVERVIEW
8.1.3.2. PORTFOLIO
8.1.4. DETROIT STOKER COMPANY
8.1.4.1. OVERVIEW
8.1.4.2. PORTFOLIO
8.1.5. HURST BOILER &
WELDING CO INC
8.1.5.1. OVERVIEW
8.1.5.2. PORTFOLIO
8.1.6. INDUSTRIAL BOILERS
AMERICA
8.1.6.1. OVERVIEW
8.1.6.2. PORTFOLIO
8.1.7. KMW ENERGY GROUP
8.1.7.1. OVERVIEW
8.1.7.2. PORTFOLIO
8.1.8. MAWERA GMBH
8.1.8.1. OVERVIEW
8.1.8.2. PORTFOLIO
8.1.9. SAATOTULI CANADA
ENTERPRISES INC
8.1.9.1. OVERVIEW
8.1.9.2. PORTFOLIO
8.1.10. SCHMID AG ENERGY
SOLUTIONS
8.1.10.1. OVERVIEW
8.1.10.2. PORTFOLIO
8.1.11. SIGMA THERMAL
8.1.11.1. OVERVIEW
8.1.11.2. PORTFOLIO
8.1.12. TRIPLE GREEN PRODUCTS
8.1.12.1. OVERVIEW
8.1.12.2. PORTFOLIO
8.1.13. WELLONS CANADA
8.1.13.1. OVERVIEW
8.1.13.2. PORTFOLIO
9. RESEARCH METHODOLOGY
& SCOPE
9.1. RESEARCH SCOPE &
DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY
TABLE 1: ASIA-PACIFIC
INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY OUTLOOK, HISTORICAL YEARS,
2020-2024 (IN $ MILLION)
TABLE 2: ASIA-PACIFIC
INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY OUTLOOK, FORECAST YEARS, 2025-2032
(IN $ MILLION)
TABLE 3: REGULATORY
FRAMEWORK
TABLE 4: LIST OF
COLLABORATIONS
TABLE 5: LIST OF
PRODUCT LAUNCHES
TABLE 6: LIST OF
ACQUISITIONS
TABLE 7: LIST OF
BUSINESS DIVESTITURES & EXPANSIONS
TABLE 8: ASIA-PACIFIC
INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY OUTLOOK, 2025-2032 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC
INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, 2025-2032 (IN $ MILLION)
TABLE 10:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, 2025-2032 (IN $
MILLION)
TABLE 11:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY OUTPUT RANGE, 2025-2032 (IN $
MILLION)
TABLE 12:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY END-USE, 2025-2032 (IN $
MILLION)
FIGURE 1: PORTER’S
FIVE FORCES ANALYSIS
FIGURE 2: MARKET
MATURITY ANALYSIS
FIGURE 3: SUPPLY
CHAIN ANALYSIS
FIGURE 4: KEY BUYING
IMPACT ANALYSIS
FIGURE 5:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY TYPE, 2024 & 2032 (IN %)
FIGURE 6:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY STOCKER BOILERS, 2025-2032
(IN $ MILLION)
FIGURE 7:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY FLUIDIZED BED BOILERS,
2025-2032 (IN $ MILLION)
FIGURE 8:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY FEEDSTOCK, 2024 & 2032
(IN %)
FIGURE 9:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY WOODY BIOMASS, 2025-2032 (IN
$ MILLION)
FIGURE 10:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY AGRICULTURE BIOMASS,
2025-2032 (IN $ MILLION)
FIGURE 11:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY URBAN RESIDUE, 2025-2032 (IN
$ MILLION)
FIGURE 12:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY OUTPUT RANGE, 2024 & 2032
(IN %)
FIGURE 13:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY 2-10 MW, 2025-2032 (IN $
MILLION)
FIGURE 14: ASIA-PACIFIC
INDUSTRIAL BIOMASS BOILER MARKET, BY 10- 25 MW, 2025-2032 (IN $ MILLION)
FIGURE 15:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY 25- 50 MW, 2025-2032 (IN $
MILLION)
FIGURE 16:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY END-USE, 2024 & 2032 (IN
%)
FIGURE 17:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COMBINED HEAT AND POWER (CHP)
PRODUCTION, 2025-2032 (IN $ MILLION)
FIGURE 18:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY PULP & PAPER, 2025-2032
(IN $ MILLION)
FIGURE 19:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY POWER GENERATION, 2025-2032
(IN $ MILLION)
FIGURE 20:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY SAWMILL, 2025-2032 (IN $
MILLION)
FIGURE 21:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY BREWERY, 2025-2032 (IN $
MILLION)
FIGURE 22:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY OTHER END-USES, 2025-2032 (IN
$ MILLION)
FIGURE 23:
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET, BY COUNTRY OUTLOOK, 2024 &
2032 (IN %)
FIGURE 24: CHINA INDUSTRIAL
BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 25: INDIA INDUSTRIAL
BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 26: ASEAN
COUNTRIES INDUSTRIAL BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 27: JAPAN INDUSTRIAL
BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 28: AUSTRALIA
& NEW ZEALAND INDUSTRIAL BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 29: SOUTH
KOREA INDUSTRIAL BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)
FIGURE 30: REST OF
ASIA-PACIFIC INDUSTRIAL BIOMASS BOILER MARKET 2025-2032 (IN $ MILLION)