The Biomass Heating System market was valued at 3382 Million US$ in 2018 and is projected to reach 8329 Million US$ by 2024
Biomass heating systems generate heat from biomass. The use of biomass in heating systems is beneficial because it uses agricultural, forest, urban and industrial residues and waste to produce heat and/or electricity with less effect on the environment than fossil fuels. It also called wood heating systems, burn organic materials – typically wood logs, pellets or chips – in a wood-burning stove or boiler to provide heat and hot water. Stoves are generally used as standalone room heaters for one room. But stoves can incorporate or be connected to a boiler, called a boiler stove or back boiler. This will harness the stove’s energy to provide heat and hot water to the rest of the house. The biomass heating systems usually have two types: fully automated and semi-automated.
The Biomass Heating System market
was valued at 3382 Million US$ in 2018 and is projected to reach 8329 Million US$ by 2024, at a CAGR of 16.21% during the forecast period.
Key players in global Biomass Heating System market include: GreenVinci biomass energy Co., LTD., Zhaohangnengyuan, BOAO Machinery, Blue Martin, Baxi etc.