Grate-Fired Boilers Market Size Share Analysis 2022-2029

Grate-Fired Boilers Market Size Share Analysis 2022-2029

Grate-Fired Boilers Market is expected to grow at a CAGR of 5.2% during the forecasting period (2022-2029).

2021-06-07

Increasing shift towards recovery of energy from municipal solid waste

Solid waste management has gone through many stages of growth. Initially, simple deposition in landfills was the most popular method of waste disposal. Then, to minimize the volume and conserve space in landfills, incineration was implemented. Since the 1970s, concern about the environmental effects of incineration resulted in improved cleaning systems and, finally, a few decades ago, recovery of energy (Waste-to-Energy) and other valuable components of the waste starts gaining popularity. As per the statistics, China, as the world's most populated nation, accounted for over 15% of global municipal solid waste generation, with 18% of the global population, the highest share in the world

The rising number has forced the government to come up with a better solution that manages the excessive waste percentage problem but also recovers some energy and there are many different conversion technologies for municipal solid waste generation. Grate-fired boilers are one of the oldest techniques for combustion of different biomass sources for heat and power production as the boiler  can fire a broad spectrum of fuels of varying moisture content and requires very little fuel preparation and handling. Increasing awareness of environmental aspects regarding waste treatments has focused on reducing emissions and pollutants due to legislative regulations and improving the demand of grate-fired boilers market in recent times

Furthermore, grate-fired boilers give tough competition to their competitors, such as fluidized bed boilers in MSW management, as this technique has gained more experience in MSW combustion and its properties are more developed known among the end-users thus expected to build a bigger market in the forecast period

Growing advancement in technology

Grate-fired boilers are the oldest technique for direct combustion, and their ability to burn various fuels with little pre-handling is the primary factor that still adds value to the growing business of the technique. The technique's efficiency is the foremost hurdle; however, growing technological advancements has overcome the significant challenge coupled with other challenges such as rising competition from other techniques. In combined heat and power plants, grate-firing is ideal for decentralized biomass and municipal/industrial waste combustion. The integration of advanced secondary air systems, such as staged air supply, phased over-fire jets and a static mixing device with air jets, and flue gas recycling has improved efficiency of grate-fired boilers. Furthermore, improved grate-firing technology with secondary air supply system and grate assembly further optimized the technology, in which computational fluid dynamics (CFD) can play a central role and help predict flow and combustion pattern in a grate boiler. Hence, rising advancements in the grate-fired boilers are building market share for the technology and giving tough competition to other techniques present in market

Covid-19 Impact Analysis

The grate-fired boilers market was growing at a significant rate before covid-19. The government was investing a significant chunk of their economy to choose renewable and environmentally friendly energy sources, biomass (i.e., any organic non-fossil fuel), consumption in different sectors, and promoting its utilization across the globe

For instance, the government has also offered subsidiaries to renewable power generation technologies that account for around 20% of total energy sector subsidies (US$ 128 billion), biofuels for about 6% (US$ 38 billion) and nuclear for at least 3% (US$ 21 billion). The subsidiaries create various opportunities for renewable power generation technologies and uplift the demand for grate-fired boilers for combustion and energy generation

Also, growing investments by the government in power generation to overcome energy requirements with increasing population, thereby boosting the demand for grate-fired boilers globally. However, the drivers mentioned above have seen significant challenges in improving the grate-fired market during globe pandemic as countries like China and Eastern European countries have severely hampered the economy of these countries

Growing focus of government to overcome the issues related to increasing municipal solid waste in various parts of the globe is another factor favored the market share of grate-fired boilers since past few decades; however, the outbreak of covid-19 has created tons of municipal and biomedical waste various parts of the countries including China, Russia and Eastern Europe

Furthermore, after the coronavirus outbreak, the grate-fired boilers market has seen a slight drop in building business, and the shutting down of various energy and power generation projects is the prime cause behind it

Furthermore, the  COVID-19 pandemic has resulted in a significant reduction in electricity demand. To reduce coronavirus spread, governments worldwide were forced to reduce business activity and close offices. Due to the ongoing pandemic situation caused by Covid-19, people are mainly staying at home and working from home in the majority of the countries. As a result, home loan demand is remained constant, whereas commercial and industrial load demand has decreased significantly

Covid-19 spread and shifts in people's lifestyles have affected the quantity and composition of urban solid wastes. Increased chances for the virus to spread in recycling centers lead to increased waste than the pre-lockdown period

During the pandemic, however, many countries lacked effective rules and plans for municipal solid waste management. Activities including storage, collection, transportation, recycling and final dumping and personnel compliance with health guidelines were severely affected

Hence, due to the covid-19 outbreak, the sectors favoring the growth of grate-fired boilers were severely affected. However, the market is expected to improve during the forecast period due to the reopening of energy and power generation projects and increasing government investments in municipal solid waste management during the forecast period

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Sai Kiran
Sales Manager at DataM Intelligence
Email: [email protected]
Tel: +1 877 441 4866

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