Industrial Boiler Market Top Key Player Analysis by Hurst Boiler, Clayton, Bharat Heavy Electricals, Doosan Corporation, Thermax, Cleaver-Brooks

The prime objective of Industrial Boiler Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.

Description: Global Industrial Boiler Market is predicted to reach over USD 14 billion by 2024. Growing focus toward automation coupled with rapid industrialization will augment the product adoption. Growing measures to reduce reliance on conventional fuel along with stringent government mandates will stimulate the industry growth. For instance, the European Union in 2015, issued a Directive (EU) 2015/2193 which regulates the pollutants emission from less than 50 MWth rated thermal input plants.

This report focuses on the top Manufacturers and players in global market are given bellow:-

Fulton, Babcock and Wilcox, Hurst Boiler, Clayton, Bharat Heavy Electricals, Doosan Corporation, Thermax, Cleaver-Brooks, Forbes Marshall, Cochran, Rentech, Parker Boilers and Foster Wheeler.

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U.S. industrial boiler market is set to witness growth on account of increasing investment for the replacement of conventional heating systems intended toward environmental compliance. able growth in the refining capacity to serve the rising demand of fuel will further elevate industry growth. In 2017, the U.S Energy Information Administration estimated growth of over 1.6% in the operational crude distillation capacity as compared to 2016.

 >250 MMBtu/hr industrial boiler market is predicted to grow over 4% by 2024. These units find applications majorly across industries including refinery, chemical, pulp & paper and others. Robust demand for packaging of e-commerce product & rising retail activities will further propel the product penetration across pulp and paper industry.

Water tube industrial boiler market is anticipated to expand over 3% by 2024. Efficient performance, rapid circulation and flexibility in design are few imperative factors which will propel the product deployment. Moreover, rising demand for steam generating solution from large and medium-scale industries will drive the product adoption.

Natural gas fired industrial boiler market is predicted to grow over 4% by 2024. Stringent emission norms along with legislative directives encouraging the use of clean fuel will propel the demand for these steams generating units. For instance, the EU Directive 92/42/EEC has issued guidelines for energy conservation, emission reduction & energy efficiency in key economic sectors.

Global Industrial Boiler Market Size By Capacity

250 MMBtu/hr

By Product

Fire-tube, Water-tube

By Technology

Condensing, Non-condensing

By Fuel

Natural Gas, Oil, Coal

By Application

Food, Paper, Chemical, Refinery, Primary Metals

Analysis Report, Regional Outlook

U.S., Canada, Mexico, France, UK, Poland, Italy, Spain, Austria, Germany, Sweden, Russia, China, India, Japan, South Korea, Australia, Indonesia, Philippines, Saudi Arabia, Iran, UAE, Egypt, Nigeria, Kenya, Morocco, South Africa, Brazil, Argentina, Columbia, Chile, Venezuela

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