DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/z4lwq2/cfb_boiler_market) has announced the addition of the "CFB Boiler Market in China 2014-2018" report to their offering.
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 is increasing the demand for low carbon emission generation systems, for which CFB boilers are an ideal choice.
Replacing old boilers with CFB technology increases the life span of the plant and reduces the harmful impact on the environment. CFB boilers are used for different purposes in various industries depending on their requirement. In this competitive business environment, organizations are forced to develop quality products in minimal time at a cost-effective price, which helps them to stay ahead of their market rivals. Many power plants, process manufacturing and industries in China are refurbishing their existing plants to increase productivity. This drives the demand for high-quality technologically advanced CFB boilers in the market. Many companies are also replacing their aged industrial boilers with CFB-based technology. These CFB boilers are more reliable and energy-efficient, thereby increasing the overall plant efficiency. Moreover, the modernization of existing plants not only increases the lifecycle of the plant, but also helps in reducing the overall maintenance, repair, and overhaul expenses of a company.
Further, the report states that one of the major challenges confronting the market is the high initial investment required for the installation of CFB boilers. Moreover, end-users need to make additional investments for regular maintenance and support; this in turn reduces the profit margins of vendors.
The CFB Boiler market in China is categorized into five segments based on the capacity of the boiler:
Other Prominent Vendors
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/z4lwq2/cfb_boiler_market
Source: Research and Markets