Industrial Burner Market to Witness Revolutionary Growth by 2027 | ANDRITZ Group, NIBE Group, Honeywell International

According to the new market research report "Industrial Burner Market by Type (Regenerative, High Thermal, Radiant, Direct-Fired), Fuel Type (Oil, Gas, Dual, Solid), End Use (F&B, Petrochemical, Power, Chemical, Metals & Mining), Operating Temperature, Automation, Region - Global Forecast to 2027", is expected to grow at a CAGR of 6.1% during the forecast period, from an estimated USD 5.9 billion in 2022 to USD 7.9 billion in 2027.

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Increasing power generation worldwide coupled with the surging adoption of dual-fuel industrial burners to lower the imprint of depleting fossil fuels is fueling demand for industrial burners. The increasing use of biofuels, hazardous waste, and hydrogen-based industrial burners creates numerous opportunities for industrial burner manufacturers.

Key Market Players

The industrial burner market is dominated by a few major players that have a wide regional presence. The major players in the industrial burner market are ANDRITZ Group (Austria), NIBE Group (Sweden), Honeywell International Inc. (US), Ariston Group N.V. (Italy), Fives (France), Weishaupt (Germany), Riello S. p. A. (Italy), Selas Heat Technology Company (US), Oilon Group Oy (Finland), C.I.B. Unigas S.p.A. (Italy), and EBICO (Italy).

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Recent Developments

In November 2021, Fives received an order to provide a French cement plant with an 8.5 MW Pillard ROTAFLAM for a clay calcination kiln. The burner is expected to be delivered mid-2022 and commissioned during the second half of the year.
In November 2020, ANDRITZ Group acquired Enviroburners Oy which designs and manufactures advanced industrial burner solutions for energy production and environmental protection.
In November 2019, Weishaupt opened a new branch office in Regensburg in Germany. The new office provides customer support and training services to the Upper Palatinate and Lower Bavaria administrative districts and the Ingolstadt region.
In January 2018, Selas Heat Technology introduced the new Red-Ray high intensity gas-fired infrared burner designed exclusively for paper drying. This new technology uses a unique 3D printed Siliconized Silicon-Carbide (Si-SiC) lattice design that enables the burner to reach an industry leading maximum temperature of 2,450 °F (1,350 °C), providing mill operators the flexibility to increase throughput or decrease energy usage.

This research report categorizes the industrial burner market by fuel type, burner type, automation, operation temperature, end-user industry, and region
On the basis of fuel type:

Oil
Gas
Solid Fuel
Dual Fuel

On the basis of burner type:

Regenerative Burner
High Thermal Release Burner
Radiant Burner
Direct-fired Burner
Self-recuperative Burner
Others (Ribbon burners, line burners, duct burners, pipe burners, and high-velocity burners)

On the basis of operating temperature:

High Temperature (> 1,400°F)
Low Temperature (< 1,400°F)

On the basis of by power rating:

Monoblock
Duoblock

On the basis of by sales channel:

Food & Beverages
Petrochemicals
Power Generation
Chemicals
Metals & Mining
Automotive
Others (Textiles, glass, paper and pulp, ceramics, and rubber)

On the basis of region:

Asia Pacific
Europe
North America
Middle East & Africa
South America

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Asia Pacific is expected to dominate the global industrial burner market during the forecast period

The industrial burner market in Asia Pacific is witnessing significant developments in the power generation and manufacturing sector due to industrialization, which has supported the demand for industrial burners across countries of the region. The industrial sector in China contributes more than 50% of its GDP, and the growth of this sector has tremendously increased power production and consumption in the country. These factors have made China one of the most lucrative markets for the power industry. Moreover, the chemicals and petrochemical sectors are also well-established in the region and are expected to contribute to the growth of the industrial burner market. New policy reforms in India to support the growth of industries have made the country a very lucrative market for OEM manufacturers. This is also likely to create a huge demand for industrial burners in the region.

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This release was published on openPR.