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Industrial Burner Market Analysis and Forecast 2020: By Keyplayers Limpsfield Combustion Engineering Ltd, Alzeta Corporation, Wesman Group, Andritz, Selas Heat Technology Company, Baltur S.p.A, QED Combustion, Bloom Engineering, Osaka Gas Co., Ltd, Forbes

07-29-2020 09:10 AM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

Industrial Burner

Industrial Burner

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Market Overview

An industrial burner is mechanical equipment that uses liquid or gas fuel, in order to produce flames in a contained manner. The productivity of the burner relies on the mixing rate of fuel and air, which impacts flame stability. An industrial burner is a critical component required for effective combustion. An industrial burner performs many crucial functions including fuel preparation, combustion control, distribution of air and fuel, etc. It finds applications in various sectors including automotive, food processing, glass and ceramics, petrochemicals, mining & metal, chemical, etc.

The global Industrial Burner Market was accounted for US$ 22,066.7 Mn in terms of value and 63.4 Million units in terms of volume in 2019 and is expected to grow at CAGR of 3.04% for the period 2019-2027.

Competitive Section

Key companies involved in the global industrial burner market are Limpsfield Combustion Engineering Ltd, Alzeta Corporation, Wesman Group, Andritz, Selas Heat Technology Company, Baltur S.p.A, QED Combustion, Bloom Engineering, Osaka Gas Co., Ltd, Forbes Marshall, Oilon, Foster Wheeler AG, Mitsubishi Hitachi Power Systems, Ltd, and Honeywell International Inc. (Maxon).

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Market Driver

1. Strict regulatory policies regarding the fabrication of industrial burners are expected to drive growth of the global industrial burner market during the forecast period
Industrial gas burners are used in numerous industries such as automotive, oil & gas, aerospace, and food processing. These burners are subjected to different levels of temperature ranges associated with the nature of production processes. These parameters are extremely crucial in fabrication standards for dynamic industry verticals. The implementation of stringent regulatory standards for industrial gas burners would lead to the production of more and more efficient burners equipped with an appropriate monitoring system. For instance, in the U.S., the Environmental Protection Agency (EPA) monitors the air emission standards of the industrial burners, their operation conditions, and associated constituents by means of regulations such as the ‘Major Source (Boiler MACT) Rule’ and ‘Area Source Rule’ published in the March 21, 2011 circular. Thus, these factors are expected to drive growth of the global industrial burner market during the forecast period.

2. Availability of burner management systems to provide improved safety for conventional burners is expected to propel growth of the global industrial burner market over the forecast period
Growing safety concerns about industrial processes and setting up of global industrial safety standard adoption protocols have subsequently resulted in surging acceptance of burner management systems. Bruner management system (BSM) provides improve safety by ensuring an orderly and safe start-up and shutdown of a traditional burner. Moreover, it reduces operational errors related to traditional burners by following a sequential and safe operating procedure. BMS also provides higher uptime and ensures governing compliance and also improves personal safety by removing the need to access old relay boxed situated in high-temperature areas of the boiler. Hence, these factors are expected to propel the global industrial burner market growth over the forecast period.

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Market Opportunities

1. Emergence of smart burners with wireless communications can provide major business opportunities

Technological advancements and constant research and development activities have led to the emergence of smart burners with wireless communications capabilities. Smart burner systems are designed to reduce human errors, which are equipped with sensors to monitor key burner operating conditions, which otherwise would require the presence of an operator. The sensor conveys never-ending monitoring capabilities and access to sensor data along with immediate notification of operating disputes that would hamper productivity.

2. Use of 3D printing technology in industrial burner fabrication can offer excellent growth opportunities

Advent 3D printing technology has made many equipment sophisticated and reduced the cost of manufacturing. The innovative 3D printing technology provides industrial burners with optimized combustion of liquid and gaseous fuel. These technology-enabled industrial burners can function on alternating fuel with integral functionality and minimized product size. For instance, Euro-K GmbH, a leading fabricator of energy converting devices, has proposed a technology to fabricate micro-burners to optimize fuel requirements and offer operating flexibility. The micro-burner delivers the choice of fuel, as the burner produces a fuel/air mixture and can burn both gaseous and liquid fuel.

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Market Trends

1. North America Trends
Increasing number of environmental norms to eliminate harmful pollutant emission and carbon footprint has become a major trend in the regional market. This trend is complemented by growing demand for clean-energy fuel and various proactive government initiatives. Moreover, the fluctuating fuel prices from the past few years have triggered the demand for high-efficiency boilers, thereby paving the way the demand for industrial burners.

2. Europe Trends
Europe is currently one of the regions which are at the forefront of witnessing the growth of industrial automation. Several industrial trends, such as Industry 4.0, are presently acting as the key factor in reshaping the entire process industry in Europe in terms of better efficiency and control.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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