The Fluidized Bed Gasifier Market size is projected to reach USD 5,818.2 million by 2028 from USD 3,157.3 million in 2021, at a CAGR of 10.6% during the forecast period (2021-2028). The use of CFB and BFB technologies for the coal-fired boilers segment is expected to witness significant growth owing to their high efficiency and low emissions.
A fluidized bed gasifier is a device to produce power by heating coal, oil, or other solid fuel in the presence of oxygen and steam. It produces syngas (a mixture of carbon monoxide and hydrogen) which can be used directly as fuel for combustion engines or converted into electricity with turbines. The method has several advantages over conventional fossil fuels such as coal boilers because it provides higher output while lowering emissions. However, the operating costs are high owing to high energy consumption requirements.
On the basis of Types, the market is segmented into Circulating fluidized bed CFB and Bubbling fluidized bed BFB.
A circulating fluidized bed (CFB) gasifier is a device to produce power by heating coal, oil, or other solid fuel in the presence of oxygen and steam. It produces syngas (a mixture of carbon monoxide and hydrogen) which can be used directly as fuel for combustion engines or converted into electricity with turbines. The method has several advantages over conventional fossil fuels such as coal boilers because it provides higher output while lowering emissions.
A bubbling fluidized bed gasifier is a type of biomass-fired, non-catalytic system that has been designed to produce synthesis gas (syngas) and electricity from biomass. It operates by using coal or wood pellets as fuel and air injected into the reactor through nozzles at 60°C to 150°C. The particles are mixed with steam bubbles released in a controlled amount. This process increases the contact surface area between solid materials and liquid and prevents clogging due to ash deposition on particle surfaces. When heated enough, carbon dioxide will be removed easily from syngas without requiring cryogenic separation equipment because it can convert CO² back into methane plus hydrogen when further processed via Fischer Tropsch synthetic hydrocarbons.
On the basis of Application, the market is segmented into Oil/gas/coal-fired boiler, Smelting, Drying, Spray Coating, and Asphalt heating. Oil/gas/coal-fired boiler is the largest application segment of global Fluidized Bed Gasifier market followed by smelting due to its higher usage in power plants for coal combustion compared to natural gas or oil.
The fluidized-bed gasifier is used to convert coal, biomass, or other materials into a synthesis gas (syngas). The syngas can be burned for heat and electric power generation. Fluidized bed combustion has the advantage of being able to burn low-quality fuels that would not normally yield enough energy content per unit weight for efficient use in conventional boilers. Moreover, fluidized-bed combustors are typically more tolerant of oxygen limitations than traditional pulverized fuel-burning units due to their ability to operate at higher temperatures with lower excess air levels when running under part-load conditions which makes them attractive as backup capacity sources during high demand periods.
The gasifier is an important part of the smelting process. It provides the fuel needed for a furnace, and carbon dioxide that helps to reduce the oxygen content in molten slag generated during refining, as well as providing heat through combustion.
Fluidized Bed Gasifiers are used primarily for converting coal, oil, and biomass into synthesis gas (syngas) or for drying purposes. The most common type of fluidized bed gasification reactor uses hot air to drive airflow through the bed of coal. The hot air is generated by a furnace or boiler where the fuel being gasified burns to provide energy for drying and desulfurization, as well as heat necessary for the conversion of coal into syngas.
Drying is the removal of water vapor from a solid or liquid with gas to reduce its relative humidity. It may be accomplished by passing air over, through, or under the material being dried; applying wind chill; spinning it within a container in which hot air continuously circulates. The driving force for the drying depends on the relative humidity, temperature, and size of the material being dried.
The fluidized-bed gasifier is a process that converts coal or biomass into heat energy for heating. It has the potential to be used in wet spray coating systems, which are often more economical and environmentally friendly than dry spraying systems because they require less power, produce lower emissions of pollutants such as nitrogen oxide (NOx), sulfur dioxide (SOx), and particulates.
The use of a Fluidized-Bed Gasifier in Asphalt Heating is less common due to the high operating temperature required for this process. However, some companies are experimenting with gasifiers that could be used as an alternative during winter months when heating demand is low and pipeline capacity limited.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The North American region accounted for a market share of 46%, followed by the European region (35%), Asia-Pacific Region (20%), and the Rest of the World regions which include Latin America (14%), Middle East & Africa (12%).
As asphalt is generally extracted from crude oil, the North American region led the market with a share of 51% in 2017. This trend is expected to continue during the forecast period owing to the increased adoption of asphalt for residential and commercial purposes.
Geographically, Latin America represented significant growth opportunities as coal gasification has gained momentum in this region because it offers cost benefits over other fuels such as natural gas or diesel fuel. In addition, North America accounted for commanding shares due to rising construction activity fueled by increased investments in infrastructure projects. The Asia Pacific held substantial potential with promising prospects resulting from the adoption of CFBs coupled with an increasing share of BFBs in this region.
The growth in the market can be attributed to factors such as increased demand from downstream sectors such as oil/gas, coal mining industry, an increasing population globally that boosts energy demand and a growing number of start-ups operating in this market are expected to contribute towards growth. Moreover, there have been many mergers and acquisitions activity in the market which led to a reduction in prices. Besides, there are many new entrants into this field with innovative products and solutions that will aid the growth of the market during the forecast period.
Up Market Research published a new report titled “Fluidized Bed Gasifier Market research report which is segmented by Types (Circulating fluidized bed (CFB), Bubbling fluidized bed (BFB)), By Applications (Oil/gas/coal fired boiler, Smelting, Drying, Spray Coating, Asphalt heating), By Players/Companies GE, GASEK, Creapor, Alstoma, Andritz, BTG, KBR, EcofogÃ£o, ICM, Midrex”.
|Report Attributes||Report Details|
|Report Title||Fluidized Bed Gasifier Market Research Report|
|By Type||Circulating fluidized bed (CFB), Bubbling fluidized bed (BFB)|
|By Application||Oil/gas/coal fired boiler, Smelting, Drying, Spray Coating, Asphalt heating|
|By Companies||GE, GASEK, Creapor, Alstoma, Andritz, BTG, KBR, EcofogÃ£o, ICM, Midrex|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||212|
|Number of Tables & Figures||149|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Circulating fluidized bed (CFB), Bubbling fluidized bed (BFB) and By Application Oil/gas/coal fired boiler, Smelting, Drying, Spray Coating, Asphalt heating.
Some of the companies that are profiled in this report are:
Fluidized Bed Gasifier Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Fluidized Bed Gasifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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