Research and Markets: Global Circulating Fluidized Bed (CFB) Market 2014-2018: Key Vendors are Alstom, Bharat Heavy Electricals, Formosa Heavy Industries, Foster Wheeler & Mitsubishi Heavy Industries

Research and Markets (http://www.researchandmarkets.com/research/4bdk8w/global) has announced the addition of the "Global Circulating Fluidized Bed (CFB) Market 2014-2018" report to their offering.

The Global CFB Boiler market to grow at a CAGR of 12.44% over the period 2013-2018

A circulating fluidized bed (CFB) Boiler is a combustion chamber where various types of fuel are used to generate steam. CFB boilers are clean and environment-friendly boilers, which use a wide range of coal ranging from low quality coal, coal blends, pet coke and various alternative fuel sources. It reduces harmful emissions such as sulphur dioxide, nitrogen oxide, and carbon dioxide. CFB boilers can be implemented in various industries such as Energy and Utilities, Chemicals and Petrochemicals, General and Others.

One of the major trends witnessed in the market is the increased usage of CFB boilers in the Chemical industry. The increase in the replacement of old conventional boilers with new CFB boiler technology enhances organizational productivity by offering various features such as multi-fuel options to the organizations.

According to the report, the need to reduce carbon emissions is one of the important factors driving the market growth. Rapid industrialization and the need to reduce high pollution levels are increasing the demand for low carbon emission generation.

Further, the report states that one of the major challenges in the market is the high initial investment required for the installation of CFB boilers. The prices of the components of CFB boilers such as bottom ash drain, HP blower, cyclone separator, superheat wing wall, fuel feeding system, solid recycle system, and others have been increasing over the past few years because of the increasing raw material costs. Because of inflation and the lack of availability of these materials, the prices of the materials are increasing consistently.

Key Vendors

• Alstom
• Bharat Heavy Electricals
• Formosa Heavy Industries
• Foster Wheeler
• Mitsubishi Heavy Industries

Challenges/Trends/Drivers

• Reduction in Carbon Emissions
• High Initial Investment
• Increased Usage of CFB Boilers in Chemicals Industry

For more information visit http://www.researchandmarkets.com/research/4bdk8w/global