Asia Pacific Wood Pellets Biomass Boilers Market Size, Share & Trends Analysis Report By Application (Residential, and Commercial), By Type, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Wood Pellets Biomass Boilers Market would witness market growth of 14.5% CAGR during the forecast period (2023-2030).

The China market dominated the Asia Pacific Wood Pellets Biomass Boilers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $914.6 Million by 2030. The Japan market is registering a CAGR of 13.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 15.2% during (2023 - 2030).

There is a growing emphasis on biomass supply chain optimization and feedstock diversification to ensure the sustainable sourcing of wood pellets. Initiatives such as forest management practices, agroforestry schemes, and biomass certification programs aim to promote responsible biomass production, enhance resource efficiency, and mitigate environmental impacts associated with biomass harvesting and processing.

Additionally, biomass boiler design and engineering innovations drive system scalability, modularity, and integration with renewable energy technologies. Combined with advancements in digitalization, data analytics, and remote monitoring capabilities, these innovations enable enhanced performance optimization, predictive maintenance, and real-time energy management, further enhancing the value proposition of these boilers in today's energy landscape.

China has emerged as a global leader in renewable energy deployment, with substantial investments in solar, wind, hydroelectric, and biomass energy projects. As China intensifies its efforts to transition towards low-carbon and sustainable heating solutions, biomass boilers fueled by wood pellets offer a viable alternative to coal-fired heating systems, particularly in residential, commercial, and industrial sectors. As per the data from the State Council of China, the nation possessed a cumulative installed renewable energy capacity of 1.06 billion kilowatts by the conclusion of 2021, constituting 44.8 percent of the overall installed power generation capacity. China produced 2.48 trillion kWh of electricity from renewable sources in 2021, representing 29.8 percent of the nation's overall electricity usage. Thus, the growing renewable energy sector in Asia Pacific will assist in the growth of the regional market.

Free Valuable Insights: The Global Wood Pellets Biomass Boilers Market is Predict to reach $ 11.4 Billion by 2030, at a CAGR of 13.9%

Based on Application, the market is segmented into Residential, and Commercial. Based on Type, the market is segmented into Fully Automated Biomass Boiler, Semi-automated Industrial Biomass Boilers, Combined Heat and Power (CHP) Biomass Systems, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Andritz AG
• Woodco Renewable Energy Limited
• Carrier Global Corporation
• Babcock & Wilcox Enterprises, Inc.
• John Cockerill S.A.
• Hurst Boiler & Welding Co, Inc.
• thyssenkrupp AG
• Thermax Limited
• ETA Heiztechnik GmbH

Asia Pacific Wood Pellets Biomass Boilers Market Report Segmentation

By Application

• Residential
• Commercial

By Type

• Fully Automated Biomass Boiler
• Semi-automated Industrial Biomass Boilers
• Combined Heat and Power (CHP) Biomass Systems
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Wood Pellets Biomass Boilers Market, by Application
1.4.2 Asia Pacific Wood Pellets Biomass Boilers Market, by Type
1.4.3 Asia Pacific Wood Pellets Biomass Boilers Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Wood Pellets Biomass Boilers Market by Application
4.1 Asia Pacific Residential Market by Country
4.2 Asia Pacific Commercial Market by Country

Chapter 5. Asia Pacific Wood Pellets Biomass Boilers Market by Type
5.1 Asia Pacific Fully Automated Biomass Boiler Market by Country
5.2 Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country
5.3 Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country
5.4 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Wood Pellets Biomass Boilers Market by Country
6.1 China Wood Pellets Biomass Boilers Market
6.1.1 China Wood Pellets Biomass Boilers Market by Application
6.1.2 China Wood Pellets Biomass Boilers Market by Type
6.2 Japan Wood Pellets Biomass Boilers Market
6.2.1 Japan Wood Pellets Biomass Boilers Market by Application
6.2.2 Japan Wood Pellets Biomass Boilers Market by Type
6.3 India Wood Pellets Biomass Boilers Market
6.3.1 India Wood Pellets Biomass Boilers Market by Application
6.3.2 India Wood Pellets Biomass Boilers Market by Type
6.4 South Korea Wood Pellets Biomass Boilers Market
6.4.1 South Korea Wood Pellets Biomass Boilers Market by Application
6.4.2 South Korea Wood Pellets Biomass Boilers Market by Type
6.5 Singapore Wood Pellets Biomass Boilers Market
6.5.1 Singapore Wood Pellets Biomass Boilers Market by Application
6.5.2 Singapore Wood Pellets Biomass Boilers Market by Type
6.6 Malaysia Wood Pellets Biomass Boilers Market
6.6.1 Malaysia Wood Pellets Biomass Boilers Market by Application
6.6.2 Malaysia Wood Pellets Biomass Boilers Market by Type
6.7 Rest of Asia Pacific Wood Pellets Biomass Boilers Market
6.7.1 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application
6.7.2 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type

Chapter 7. Company Profiles
7.1 Woodco Renewable Energy Limited
7.1.1 Company Overview
7.2 Hurst Boiler & Welding Co, Inc.
7.2.1 Company Overview
7.3 ETA Heiztechnik GmbH
7.3.1 Company Overview
7.4 Andritz AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Carrier Global Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Babcock & Wilcox Enterprises, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 John Cockerill S.A.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Thermax Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis

TABLE 1 Asia Pacific Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Residential Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Commercial Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Fully Automated Biomass Boiler Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Fully Automated Biomass Boiler Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Wood Pellets Biomass Boilers Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Wood Pellets Biomass Boilers Market by Country, 2023 - 2030, USD Million
TABLE 21 China Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 22 China Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 23 China Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 24 China Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 25 China Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 26 China Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 27 Japan Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 28 Japan Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 29 Japan Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 30 Japan Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 31 Japan Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 32 Japan Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 33 India Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 34 India Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 35 India Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 36 India Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 37 India Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 38 India Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 39 South Korea Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 40 South Korea Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 41 South Korea Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 42 South Korea Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 43 South Korea Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 44 South Korea Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 45 Singapore Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 46 Singapore Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 47 Singapore Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 48 Singapore Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 49 Singapore Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 50 Singapore Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 51 Malaysia Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 52 Malaysia Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 53 Malaysia Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 54 Malaysia Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 55 Malaysia Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 56 Malaysia Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 57 Rest of Asia Pacific Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
TABLE 58 Rest of Asia Pacific Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
TABLE 59 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
TABLE 60 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
TABLE 61 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
TABLE 62 Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
TABLE 63 Key Information – Woodco Renewable Energy Limited
TABLE 64 Key Information – Hurst Boiler & Welding Co, Inc.
TABLE 65 Key Information – ETA Heiztechnik GmbH
TABLE 66 Key Information – Andritz AG
TABLE 67 Key Information – Carrier Global Corporation
TABLE 68 Key Information – Babcock & Wilcox Enterprises, Inc.
TABLE 69 Key Information – John Cockerill S.A.
TABLE 70 Key Information – thyssenkrupp AG
TABLE 71 Key Information – Thermax Limited

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Wood Pellets Biomass Boilers Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting WOOD PELLETS BIOMASS BOILERS Market
FIG 4 Porter’s Five Forces Analysis – Wood Pellets Biomass Boilers Market
FIG 5 Asia Pacific Wood Pellets Biomass Boilers Market share by Application, 2022
FIG 6 Asia Pacific Wood Pellets Biomass Boilers Market share by Application, 2030
FIG 7 Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Wood Pellets Biomass Boilers Market share by Type, 2022
FIG 9 Asia Pacific Wood Pellets Biomass Boilers Market share by Type, 2030
FIG 10 Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Wood Pellets Biomass Boilers Market share by Country, 2022
FIG 12 Asia Pacific Wood Pellets Biomass Boilers Market share by Country, 2030
FIG 13 Asia Pacific Wood Pellets Biomass Boilers Market by Country, 2019 - 2030, USD Million
FIG 14 Swot Analysis: Carrier Global Corporation
FIG 15 SWOT Analysis: John Cockerill S.A.
FIG 16 SWOT Analysis: thyssenkrupp AG
FIG 17 Swot Analysis: THERMAX LIMITED