Global Biomass Boiler
Market Report
2025
The global Biomass Boiler market size will be USD 12800 million in 2025. Increasing energy costs is expected to boost sales to USD 30359.3 million by 2033, with a Compound Annual Growth Rate (CAGR) of 11.40% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Biomass Boiler market size will be USD 12800 million in 2025. It will expand at a compound annual growth rate (CAGR) of 11.40% from 2025 to 2033.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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List of Competitors |
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Biomass Boiler Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The biomass boiler market comprises systems that produce heat and electricity by burning organic materials, including wood scraps, agricultural residues, and energy crops. These furnaces are regarded as a sustainable alternative to fossil fuels due to their utilization of renewable resources and their contribution to the reduction of greenhouse gas emissions. The market is influenced by the increasing costs of energy, government incentives for renewable energy, and the expanding concern for environmental sustainability. The market has been further stimulated by technological advancements, which have resulted in biomass boilers that are more dependable and efficient. The European region is the leader in terms of adoption and growth, while the market is segmented by feedstock type, end-use industry, and region. It is anticipated that the demand for biomass furnaces will continue to increase as more households and industries pursue environmentally favorable energy solutions.
The adoption of biomass furnaces is significantly influenced by government incentives. In order to encourage the utilization of renewable energy sources, numerous governments worldwide are providing tax credits, rebates, and grants. The preliminary costs associated with the installation of biomass boilers are considerably reduced by these financial incentives, thereby increasing their accessibility to both residential and commercial users. Furthermore, the market is further bolstered by policies and regulations that are designed to reduce carbon emissions and promote the use of renewable energy sources. Governments are fostering the transition to biomass energy by offering these incentives, which contributes to the overall expansion of the biomass furnace market.
The biomass furnace market is significantly influenced by the increasing environmental concerns. The adoption of more sustainable and cleaner energy sources is becoming increasingly prevalent as the public becomes more cognizant of the effects of climate change. Biomass furnaces provide a carbon-neutral and renewable alternative to fossil fuels by utilizing organic materials that discharge only the carbon they consume during their growth. This contributes to the mitigation of climate change and the reduction of greenhouse gas emissions. The market growth is being driven by the desire to embrace environmentally favorable practices and achieve sustainability objectives, which is encouraging both individuals and businesses to invest in biomass boilers.
The growth of the biomass furnace market can be restricted by a considerable initial investment, which can make it financially difficult for potential purchasers to employ this technology. Small and medium-sized enterprises (SMEs) that may have limited capital may be discouraged by the high initial costs of purchasing and installing biomass boilers, which can apply to both residential and commercial users. The substantial initial investment can serve as a deterrent to entry, despite the environmental advantages and long-term cost reductions. Furthermore, the cost of procuring and transporting biomass fuel can contribute to the overall expense, further deterring investment. In order to address this constraint, it is imperative that governments and financial institutions offer additional incentives, subsidies, and financing options to increase the affordability and accessibility of biomass boilers.
The global demand for renewable energy sources is on the rise, as it is necessary to address the expanding energy demands and reduce dependence on fossil fuels. By employing renewable organic materials to produce heat and electricity, biomass boilers offer a viable solution. This is consistent with the global trend toward sustainable energy practices and the necessity of diversifying energy sources. Government policies, environmental concerns, and the necessity for energy security are among the factors that are contributing to the increasing demand for renewable energy. The market for biomass furnaces is anticipated to expand as more countries and industries prioritize renewable energy, as a result of their capacity to generate sustainable and dependable energy.
Industrial expansion and rapid urbanization are the primary factors driving the biomass boiler market. The demand for energy increases significantly as cities expand and industries expand. This increasing energy demand is met by biomass furnaces, which provide a sustainable solution, particularly in regions with an abundance of biomass resources. The utilization of biomass furnaces in industrial applications, including manufacturing and processing, contributes to the reduction of operational costs and carbon footprints. Furthermore, decentralized biomass energy systems can be advantageous in urban areas that have restricted access to conventional energy sources. The demand for biomass boilers is anticipated to be stimulated by the ongoing trends of urbanization and industrialization, which will facilitate market expansion.
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The biomass furnace industry is highly concentrated, with a limited number of large-scale vendors holding the majority of the market share. The majority of organizations are investing a substantial amount of money in comprehensive research and development activities.
In November 2023, Sugimat expanded its biomass steam solutions on a national scale, providing a water-tube steam boiler to a significant participant in Spain's produce industry. The 20-ton steam furnace contributes to the energy requirements for the production of a variety of fruit derivatives by utilizing forest biomass. This installation emphasized Sugimat's leadership in biomass steam solutions, emphasizing its contribution to the advancement of sustainable energy practices within Spain's biomass sector. (Source: https://www.sugimat.com/en/supply-of-a-biomass-steam-boiler-for-the-fruit-sector/) In March 2023, The Tri-Star Cooker, a wood pellet boiler that is specifically designed for Irish households, has been introduced by WoodCo. It combines digital technology with user-friendly simplicity, drawing inspiration from traditional solid fuel cookers. With a 60-liter pellet storage capacity, it is equipped with a heating compartment, a capacious oven, and a heated plate, ensuring that heating is both cost-effective and efficient. It is capable of supporting water heating across cylinders, radiators, and subsurface systems, with the objective of seamlessly integrating renewable fuel convenience into modern Irish households. It is versatile in its capabilities. (Source: https://www.woodco-energy.com/2023/01/27/wood-pellet-cooker-tri-star-coming-soon/)
Top Companies Market Share in Biomass Boiler Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominates the Biomass Boiler market. Because of rigorous emission standards and increased expenditures in the construction of infrastructure, the biomass boiler sector has seen a significant amount of growth in recent years. The engagement of private actors, in addition to the participation of federal and state governments, in the construction and growth of commercial facilities has resulted in the creation of a favorable environmental for business. Demand for products is increasing throughout the area as a result of the continued development of infrastructure that is being brought about by the revival of the construction industry.
Asia-Pacific is the fastest-growing region in the Biomass Boiler market. The acceleration of industrial potential will be brought about by the growing emphasis on biomass co-firing and conversion as techniques for shifting to methods of power production that use renewable energy sources. To add insult to injury, the establishment of integrated biomass supply chains that include storage facilities, collection networks, and transportation infrastructure guarantees a dependable and sustainable supply of biomass fuel, which in turn will boost product penetration.
The current report Scope analyzes Biomass Boiler Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Biomass Boiler market size was estimated at USD 12800 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 5120.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Biomass Boiler market with a market size of USD 4039.68 million in 2025 and is projected to grow at a CAGR of 9.4% during the forecast period. Energy prices in the United States are rising, and the government is offering incentives.
The Canada Biomass Boiler market had a market share of USD 614.40 million in 2025 and is projected to grow at a CAGR of 10.4% during the forecast period. Support and incentives come from the Canadian government.
The Mexico Biomass Boiler market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 465.92 million in 2025..
According to Cognitive Market Research, the global Biomass Boiler market size was estimated at USD 12800 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3840.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2025 to 2033.
The United Kingdom Biomass Boiler market had a market share of USD 645.12 million in 2025 and is projected to grow at a CAGR of 10.7% during the forecast period. The government of the United Kingdom has set objectives and incentives for renewable energy.
The France Biomass Boiler market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 353.28 million in 2025.
According to Cognitive Market Research, the German Biomass Boiler market size was valued at USD 760.32 million in 2025 and is projected to grow at a CAGR of 10.1% during the forecast period. Goals for renewable energy and stringent environmental restrictions are being implemented in Germany.
The Italy Biomass Boiler market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 330.24 million in 2025.
The Russia Biomass Boiler market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 595.20 million in 2025
The Spain Biomass Boiler market is projected to witness growth at a CAGR of 9.0% during the forecast period with a market size of USD 314.88 million in 2025
The Luxembourg Biomass Boiler market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 119.04 million in 2025.
The Portugal Biomass Boiler market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 80.64 million in 2025
The Greece Biomass Boiler market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 46.08 million in 2025.
The Rest of Europe's Biomass Boiler market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 595.20 million in 2025.
According to Cognitive Market Research, the global Biomass Boiler market size was estimated at USD 12800 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2944.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.4% from 2025 to 2033.
According to Cognitive Market Research, the China Biomass Boiler market size was valued at USD 1236.48 million in 2025 and is projected to grow at a CAGR of 12.9% during the forecast period. Rapid development taking place in China, together with government backing for renewable energy sources
The Japan Biomass Boiler market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 406.27 million in 2025
The India Biomass Boiler market had a market share of USD 353.28 million in 2025 and is projected to grow at a CAGR of 15.2% during the forecast period. India's increasing demand for environmentally friendly energy solutions and steps taken by the government
The South Korean Biomass Boiler market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 294.40 million in 2025
The Australian Biomass Boiler market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 153.09 million in 2025
The South East Asia Biomass Boiler market is projected to witness growth at a CAGR of 14.4% during the forecast period, with a market size of USD 203.14 million in 2025.
The Taiwan Biomass Boiler market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 94.21 million in 2025.
The Rest of Asia Pacific Biomass Boiler market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 203.14 million in 2025.
According to Cognitive Market Research, the global Biomass Boiler market size was estimated at USD 12800 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 640.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2025 to 2033.
According to Cognitive Market Research, the Brazil Biomass Boiler market size was valued at USD 273.92 million in 2025 and is projected to grow at a CAGR of 11.4% during the forecast period. Energy prices in Brazil are rising, and the government is providing financial incentives for renewable energy.
Argentina's Biomass Boiler market had a market share of USD 107.52 million in 2025 and is projected to grow at a CAGR of 11.7% during the forecast period. Argentine rapid urbanization and industrialization occur together.
Colombia Biomass Boiler market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 56.96 million in 2025
Peru Biomass Boiler market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 52.48 million in 2025.
Chile Biomass Boiler market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 46.08 million in 2025
The Rest of Latin America's Biomass Boiler market is projected to witness growth at a CAGR of 9.9% during the forecast period, with a market size of USD 103.04 million in 2025.
According to Cognitive Market Research, the global Biomass Boiler market size was estimated at USD 12800 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 256.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2033..
The GCC Countries Biomass Boiler market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 109.57 million in 2025. Government actions to minimize carbon emissions and encourage the use of green energy are referred to as the GCC.
The Egypt Biomass Boiler market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 26.88 million in 2025.
The South Africa Biomass Boiler market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 40.45 million in 2025. Growing worries about the environment and the need for environmentally responsible energy solutions in South Africa
The Turkey Biomass Boiler market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 22.02 million in 2025.
The Nigeria Biomass Boiler market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 26.88 million in 2025.
The Rest of the MEA Biomass Boiler market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 30.21 million in 2025
Global Biomass Boiler Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Biomass Boiler Industry growth. Biomass Boiler market has been segmented with the help of its Feedstock Outlook:, , and others. Biomass Boiler market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Biomass Boiler Market?
According to Cognitive Market Research, Woody biomass is the most prevalent category in the biomass boiler market as a result of its low cost and ubiquitous availability. It comprises wood fragments, wood pellets, and sawdust, which are frequently employed as fuel for biomass furnaces. Woody biomass is the preferable option for numerous biomass furnace installations due to its established supply chain and simplicity of procuring. Furthermore, woody biomass is regarded as carbon-neutral, as the carbon dioxide that is emitted during combustion is counterbalanced by the carbon that is absorbed during the growth of trees, rendering it an environmentally beneficial alternative.
The biomass boiler market's fastest-growing category is biogas and energy products. The growing emphasis on renewable energy sources and the necessity of reducing greenhouse gas emissions are the primary factors driving this growth. Biogas is a pure and efficient fuel for biomass furnaces that is generated from organic waste materials. Switchgrass and miscanthus, which are energy crops, are also acquiring popularity as a result of their minimal environmental impact and high energy content. The rapid expansion of this category is a result of the increasing demand for sustainable energy solutions and the advancements in biogas production technology.
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This report provides a comprehensive forecast of revenue growth for the Biomass Boiler industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key of Biomass Boiler are:
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
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Conclusion
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Disclaimer:
Feedstock Outlook: | Woody Biomass, Urban Residues, Biogas & Energy Crops, Agriculture & Forest Residues |
List of Competitors | Mitsubishi Hitachi Power Sytems, IHI, Harbin Electric, Doosan Heavy Industries, Bharat Heavy Electricals, Ansaldo, Siemens, Thermax |
This chapter will help you gain GLOBAL Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review Global Biomass Boiler Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review North America Biomass Boiler Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review Europe Biomass Boiler Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review Asia Pacific Biomass Boiler Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review South America Biomass Boiler Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Biomass Boiler. Further deep in this chapter, you will be able to review Middle East and Africa Biomass Boiler Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Biomass Boiler. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 7 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 8 Qualitative Analysis (Subject to Data Availability)
Segmentation Feedstock Outlook: Analysis 2019 -2031, will provide market size split by Feedstock Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 9 Market Split by Feedstock Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Biomass Boiler market
Chapter 10 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 11 Research Methodology and Sources
Why Woody Biomass have a significant impact on Biomass Boiler market? |
What are the key factors affecting the Woody Biomass and Urban Residues of Biomass Boiler Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Biomass Boiler Market? |
Which region is expected to dominate the global Biomass Boiler Market within the forecast period? |
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