Brazil Combined Heat and Power Market

Brazil Combined Heat and Power Market by Applications (Residential, Commercial, Industrial and Utility), Fuel Types (Natural Gas, Biomass, Coal and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-3773
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 211
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The Brazil combined heat and power market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing demand for energy efficiency from industries.


Brazil Combined Heat and Power Market Key Takeaways

Combined heat and power (CHP) is also called cogeneration. This method produces heat and electricity at the same time. It is a framework that recovers lost energy by utilizing the waste heat to provide heat to the power plant or to the buildings that are associated with the power plant through a steam pipe network. The growth in the deployment of CHP innovations require energy proficiency. CHP is an energy-efficient innovation and consumes a lesser amount of fuel to produce energy. Additionally, CHP frameworks avoid transmission and distribution (T&D) losses, ease grid congestion during high power demand and eliminate the require for the development of T&D infrastructure. Thus, the power-producing facilities of CHP along with significant economic and environmental benefits.

Brazil is a significant buyer and has one of the world’s most biomass potentials. As an energy source, biomass is an alternative to fossil fuels since the use of biomass is the result of a combination of factors, including the availability of cheap biomass resources and cheap labor, rapid industrialization and urbanization, and historical experience with large scale industrial applications of biomass energy.

CHP or cogeneration is the generation of electricity or mechanical power provides a number of potential benefits for Brazil in terms of increased energy efficiency, lower greenhouse gas and other emissions, economic competitiveness, and energy resiliency.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing adoption of biomass power plants is estimated to positively influence the market growth during the forecast period
  • Increasing demand for district heating is expected to boost the combined heat and power market growth.
  • Rapid industrialization and urbanization is positively influencing the growth of the market.
  • Increasing clean energy demand is projected to spur market growth in the coming years.
  • High initial investment can hinder the growth of the market.
  • Stringent emission norms are expected to create lucrative opportunities during the forecast period.

Scope of the Report

The report on the Brazil combined heat and power market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Combined Heat And Power Market - Brazil Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Residential, Commercial, and Industrial and Utility), Fuel Types (Natural Gas, Biomass, Coal and Others)

Country Scope

Brazil

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

General Electric Company; CHP Brasil; MITSUBISHI HEAVY INDUSTRIES, LTD.; Caterpillar Inc.; and Cummins Inc.

Combined heat and power Market Segment Insights

Commercial and industrial segment is expected to grow at a rapid pace

Based on applications, the market is divided into residential, commercial, and industrial and utility. The commercial segment is estimated to account for a significant share of the market owing to the increasing number of innovative and financial incentives. Rising development of the small-scale industrial sector coupled with high electricity demand can positively influence business growth. The rise in demand for reliable and cost-effective technologies along with measures toward carbon footprints can propel the commercial combined heat and power market.


Brazil Combined Heat and Power Market By Applications

Biomass segment is projected to expand at a considerable CAGR

In terms of fuel types, the combined heat and power market is segmented into natural Gas, biomass, coal and others. The biomass segment is estimated to account for a key share of the market due to various government schemes including road transport fuel certificates and non-domestic renewable energy incentives.

Segments

Segments Covered in the Report
The Brazil combined heat and power market has been segmented on the basis of

Applicaton
  • Residential
  • Commercial
  • Industrial and Utility
Fuel Types
  • Natural Gas
  • Biomass
  • Coal
  • Others
Country
  • Brazil
Key Players
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • CHP Brasil
  • General Electric Company
  • Caterpillar Inc.
  • Cummins Inc.

Competitive Landscape

Key players competing in the Brazil combined heat and power market are General Electric Company; CHP Brasil; MITSUBISHI HEAVY INDUSTRIES, LTD.; Caterpillar Inc.; and Cummins Inc.

The recently introduced combined heat and power (CHP) plant at Toplana Zenica in March 2020 is expected to start operations in 2021. This plant will eliminate the use of coal for district heating and utilize waste gases from the ArcelorMittal Zenica steel plant. The CHP plant will have a power result of 14.45 MW and a heat capacity of 112.5 MW.

In September 2018, a biomass-based combined heat and power plant was biomass commissioned in Southwest England, with a generation capacity of 27 MW. The plant's ability is the point of providing 50,000 homes while saving more than 100,000 metric tons of carbon dioxide every year.

Brazil Combined Heat and Power Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Combined Heat and Power Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Combined Heat and Power Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Combined Heat and Power Market - Supply Chain
  4.5. Global Combined Heat and Power Market Forecast
     4.5.1. Combined Heat and Power Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Combined Heat and Power Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Combined Heat and Power Market Absolute $ Opportunity
5. Global Combined Heat and Power Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Combined Heat and Power Market Size and Volume Forecast by Applications
     5.3.1. Residential Commercial Industrial and Utility
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Combined Heat and Power Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Combined Heat and Power Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Combined Heat and Power Demand Share Forecast, 2019-2026
7. North America Combined Heat and Power Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Combined Heat and Power Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Combined Heat and Power Market Size and Volume Forecast by Applications
     7.4.1. Residential Commercial Industrial and Utility
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Combined Heat and Power Demand Share Forecast, 2019-2026
8. Latin America Combined Heat and Power Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Combined Heat and Power Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Combined Heat and Power Market Size and Volume Forecast by Applications
     8.4.1. Residential Commercial Industrial and Utility
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Combined Heat and Power Demand Share Forecast, 2019-2026
9. Europe Combined Heat and Power Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Combined Heat and Power Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Combined Heat and Power Market Size and Volume Forecast by Applications
     9.4.1. Residential Commercial Industrial and Utility
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Combined Heat and Power Demand Share Forecast, 2019-2026
10. Asia Pacific Combined Heat and Power Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Combined Heat and Power Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Combined Heat and Power Market Size and Volume Forecast by Applications
     10.4.1. Residential Commercial Industrial and Utility
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Combined Heat and Power Demand Share Forecast, 2019-2026
11. Middle East & Africa Combined Heat and Power Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Combined Heat and Power Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Combined Heat and Power Market Size and Volume Forecast by Applications
     11.4.1. Residential Commercial Industrial and Utility
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Combined Heat and Power Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Combined Heat and Power Market: Market Share Analysis
  12.2. Combined Heat and Power Distributors and Customers
  12.3. Combined Heat and Power Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. MITSUBISHI HEAVY INDUSTRIES, LTD. CHP Brasil General Electric Company Caterpillar Inc. Cummins Inc.
Segments Covered in the Report
The Brazil combined heat and power market has been segmented on the basis of

Applicaton
  • Residential
  • Commercial
  • Industrial and Utility
Fuel Types
  • Natural Gas
  • Biomass
  • Coal
  • Others
Country
  • Brazil
Key Players
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • CHP Brasil
  • General Electric Company
  • Caterpillar Inc.
  • Cummins Inc.

Key players competing in the Brazil combined heat and power market are General Electric Company; CHP Brasil; MITSUBISHI HEAVY INDUSTRIES, LTD.; Caterpillar Inc.; and Cummins Inc.

The recently introduced combined heat and power (CHP) plant at Toplana Zenica in March 2020 is expected to start operations in 2021. This plant will eliminate the use of coal for district heating and utilize waste gases from the ArcelorMittal Zenica steel plant. The CHP plant will have a power result of 14.45 MW and a heat capacity of 112.5 MW.

In September 2018, a biomass-based combined heat and power plant was biomass commissioned in Southwest England, with a generation capacity of 27 MW. The plant's ability is the point of providing 50,000 homes while saving more than 100,000 metric tons of carbon dioxide every year.

Brazil Combined Heat and Power Market By Key Players

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