Press release
Industrial Burners Market 2020 Growing Opportunity - Riello, Weishaupt, Ariston Thermo, Honeywell, JOHN ZINK
Industrial Burners Market
Industrial Burners Industry 2020 global market research report analyzes the market status, share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Industrial Burners industry breakdown the data by region, manufacturers, type and application.
The global Industrial Burners market is valued at 9755 million US$ in 2020 is expected to reach 11780 million US$ by the end of 2026, growing at a CAGR of 2.7% during 2021-2026.
Global Industrial Burners market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the TOP PLAYERS including- Riello, Weishaupt, Ariston Thermo, Honeywell, JOHN ZINK, Bentone, IBS, Baltur, Oilon, OLYMPIA, Selas Heat, etc.
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Latest news and developments:
03/20/2020 - Accordo Ariston Thermo - sindacati per fronteggiare l'emergenza COVID-19
Ariston Thermo Group and union representatives reached a deal according to which each Group's plant across Marche, in compliance with the RSUs of reference, will be able to restructure the work organization to safeguard the safety and health of employees and to guarantee manufacturing efficiency. (Original Source = https://www.aristonthermo.com/en/news?year=2020)
An Industrial burner is a mechanical device which uses gas or liquid fuel to produce flames in a controlled manner. The petrochemicals segment has been reporting a higher consumption of these burners compared to other end users. The scenario is likely to remain so over the next few years due to a robust rise in the demand for petrochemicals in developing regions, particularly in Asia Pacific. In 2016, North America dominated the global market for industrial burners with an overall contribution of 3.8 B USD in terms of revenue.
Due to the various regulations introduced by governments across the world, it has become important for all manufacturers to produce energy efficient burners. Also, many manufacturers are now focusing on new technologies that will reduce the cost of production, apart from also reducing emissions from industrial furnaces. Industrial burners bring about complete combustion of the air and fuel which, in turn, reduces carbon dioxide emission. Many companies, in the steel industry specially, are now focusing on research and developments to produce energy efficient industrial burners.
Product Types for Industrial Burners Market:
o under 1 M BTU/HR
o under 10 M BTU/HR
o under 20 M BTU/HR
o under 30 M BTU/HR
o above 50 M BTU/HR
Applications for Industrial Burners Market:
o Food processing industry
o Petrochemical industry
o Pulp & Paper industry
o Power Generation industry
o Others
Regional Analysis For Industrial Burners Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Additionally, the report enables a market player not only to plan but also execute lucrative Industrial Burners business strategies based on growing market needs by emphasizing leading competitor's strategic moves which include recent mergers, ventures, acquisitions, business expansion, product launches, branding, and promotional activities.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Industrial Burners Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.
We Offer Customization on report based on specific client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales)-Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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