According to a new report by UnivDatos, the Circulating Fluidized Bed Boiler Market is expected to reach USD billion in 2033 by growing at a CAGR of 10.78% during the forecast period (2025- 2033F).

The use of circulating fluidized bed (CFB) boilers in the world market is constantly growing as the demand for cleaner and efficient energy generation technologies and the tightening of environmental requirements are on the rise. CFB boilers are considered to be very efficient and versatile combustion systems that can burn a very large range of fuels, including low-grade coal, biomass, and waste materials, which makes them a very appealing system to use in the area of sustainable energy generation. As the interest in minimizing carbon emissions and switching to renewable and hybrid fuel systems grows, the CFB boiler segment is developing at a very high rate, at a time when industries and power plants are in search of an alternative to traditional boilers that are reliable with low emissions. The latter trend in growth is closely connected with the growing demand for energy in developing economies and the transition of the world to the processes of cleaner industries. Furthermore, the ever-improving technological development, in terms of better combustion efficiency and a heat recovery system, is adding value to the growth of the market. There are also new designs and capacity innovations in the market, with CFB boilers now being manufactured in different sizes and configurations to meet the different industrial and utility-scale requirements around the world.

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Sumitomo Heavy Industries, Ltd.        

Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery worldwide. It operates through Mechatronics, Industrial Machinery, Logistics & Construction, and Energy & Lifelines segments. The Mechatronics segment offers gearmotors, gearboxes, motion control drives, motors and inverters, drive solutions, precision positioning equipment, control systems, motion components, cryocoolers, and cryopumps. The Industrial Machinery segment provides injection molding machines, transfer molding presses, laser systems, ion implanters, PET tracer production systems, cyclotrons for PET, PET tracer production systems, proton therapy systems vacuum coating equipment, forging presses, steel tube air forming, lifting magnets, non-destructive inspections, spinning machines, clean room systems, dust collectors, cast iron and steel rolls for hot rolling, surface grinding machines, coolant systems, and extrusion coating lines. The Logistics & Construction segment offers hydraulic excavators, road machinery, crawler cranes, material handling systems, parking systems, foundation machines, logistics systems, and forklifts. The Energy & Lifelines segment provides circulating fluidized bed (CFB) boilers, liquid air energy storage, electrostatic precipitators, evaporation and crystallization facilities, waste heat boilers, CFB scrubbers, flue gas denitrification systems, industrial wastewater treatment facilities, steam turbines, distillation technology and extractors, mixing vessels, and food and beverage manufacturing facilities. This segment also offers bubbling fluidized bed boilers, rotary kiln-type recycling facilities, ash handling systems, fluidized bed gasifiers, waste-to-energy plants, baghouses, digital services, water and sewage treatment systems, process pumps, reactor vessels, coke oven machines, and oil tankers. In addition, the company provides IT solutions and security services. The company was founded in 1888 and is headquartered in Tokyo, Japan.

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Valmet         

Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, South America, China, Europe, the Middle East, Africa, and the Asia Pacific. The company’s Process Technologies segment offers pulping process equipment, process islands, and complete pulp mills, individual board, paper, tissue, and tissue converting machine sections, production lines, and machine rebuilds, boiler islands, power plants, heating plants, and environmental solutions, as well as technologies for converting biomass to fuels, chemicals, and materials. Its Automation segment offers distributed control systems, quality management systems, analyzers and measurements, industrial applications, and automation services and industrial internet solutions, as well as valves, pumps, valve controls, actuators and limit switches, valve spare parts, and services and industrial internet solutions. The company’s Services segment provides spare and process parts, workshop and roll services, fabrics, maintenance development and outsourcing, field service, process upgrades, and industrial internet solutions. It serves pulp, board and paper, energy and industrial gas, biomaterials and fuel, chemical, and mineral industries. Valmet Oyj was founded in 1750 and is headquartered in Espoo, Finland.

ANDRITZ                            

Andritz AG engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally. The company operates through four segments: Pulp & Paper, Metals, Hydropower, and Environment & Energy. The Pulp & Paper segment provides technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; nonwovens technologies; panelboard production systems; and recycling, shredding, and energy solutions for various waste materials. The Metals segment provides technologies, plants, and digital solutions, including automation and software solutions, and process know-how and services; and solutions for the production and processing of flat products for welding systems and industrial furnaces, as well as services for the metals processing industry. The Hydro segment supplies electromechanical equipment, solutions, and services for hydropower stations; services and digital solutions for the operation and maintenance of hydropower plants; and turbo generators for the thermal industry. The Environment & Energy segment provides technologies to produce green hydrogen and renewable fuels, carbon capture and emission reduction, mechanical and thermal solid/liquid separation, grinding, pelletizing, and pumping fluids. It also serves alternative proteins, aluminum, architecture, automotive and e-mobility, carbon steel, chemicals, desalination, environment, feed, food and beverages, glass, kraft pulp, lime and cement, marine/offshore, mining and minerals, non-ferrous metals, non-woven and textile, oil and gas, panelboard, paper and packaging, pharmaceutical, power generation, recycling, solid biofuels, stainless steel, sugar, thermal power, tissue, and waste industries. The company was founded in 1852 and is headquartered in Graz, Austria.

MITSUBISHI HEAVY INDUSTRIES, LTD.

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through four segments: Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offer thermal, renewable energy, nuclear power generation, engine power plants, and oil and gas production plants, as well as distributed power for total energy solutions and fuel cells; civil aircrafts and aeroengines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and MHI launch services, rocket engines, human spaceflight and exploration related equipment, rocket launch facility, rocket engine combustion test facility, and satellite/components. It also provides cruise ships and ferries, LNG and LPG carriers, commercial and special purpose ships, marine machinery, marine boilers, marine turbines, marine solutions, marine high-speed engines, and marine structures, as well as engineering business; transportation and intelligent transport systems; logistics and material handling machinery; and environmental products. In addition, the company offers rubber and tire machinery, turbochargers, car air-conditioning and refrigeration systems, testing equipment, and engine; printing machinery, paper converting machinery, metals machinery, compressors and mechanical turbines, hydraulic components, particle accelerator, pumps, air-conditioning and refrigeration systems, carrier systems, special systems, food and packaging machinery, and testing equipment; and control systems, gas holder, vibration control systems, water pipes, tunnel excavation machinery, and data center. Further, it provides living and leisure; defense products comprising special vehicles, naval ships & maritime systems, defense aircraft, helicopters, defense aeroengines, guided weapon systems, and cybersecurity; and engineering products. The company was founded in 1884 and is headquartered in Chiyoda, Japan.

The growing demand for cleaner and more efficient energy generation, combined with increasingly stringent environmental regulations, is driving the global circulating fluidized bed (CFB) boiler market. The technology’s ability to utilize diverse fuels, including low-grade coal, biomass, and waste materials, while reducing emissions, makes it a preferred choice for sustainable power generation and industrial applications.

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