Industrial Boilers Market : Comprehensive Analysis of Industry Breakthroughs and Their Strategies| Key Players: Thermax Ltd., Siemens AG, Bharat Heavy Electricals Ltd., Forbes Marshall, Mitsubishi Heavy Industries, Ltd., Harbin Electric Corporation, Cheem

Global Industrial Boilers Market Analysis and Forecast, 2022-2028

The global Industrial Boilers Market is expected to grow at a CAGR of 5.6% over the forecast period of 2022-2028.

Market Scope & Overview

The global Industrial Boilers Market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. RationalStat practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.

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The global Industrial Boilers Market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period. The market study also covers the pricing analysis of each product based on its types and regions.

The global Industrial Boilers Market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

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State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact

The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.

The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.

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The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

Key Market Segmentation and Companies
RationalStat has segmented the global Industrial Boilers Market based on fuel, application, and region.

By Fuel
Oil & Gas
Fossil
Non-Fossil
Biomass

By Application
Chemicals & Petrochemicals
Paper & Pulp
Food & Beverages
Metals & Mining
Others

By Region
North America
US
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Turkey
Rest of the Middle East & Africa

Leading Companies and Market Players

Thermax Ltd.

Siemens AG

Bharat Heavy Electricals Ltd.

Forbes Marshall

Mitsubishi Heavy Industries, Ltd.

Harbin Electric Corporation

Cheema Boilers Limited

IHI Corporation

AC Boilers

Dongfang Electric Corporation Ltd.

Table of Content

Chapter One: Market Introduction

1.1. Scope of Study

1.2. Problem Statement

1.3. Market Segmentation

Chapter Two: Assumptions and Acronyms

Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends

Chapter Four: Research Methodology

Chapter Five: Analysis of COVID-19 Impact and Road Ahead

Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter s Five Forces Analysis

Chapter Seven: Government Laws and Industry Regulations

Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities

Chapter Nine: Application Analysis

Chapter Ten: Parent Market Overview: Global Organic Chemicals Market

Chapter Eleven: Segmental Analysis
11.1. Global Industrial Boilers Market by Fuel
11.1.1. Segment Overview
11.1.1.1. Oil & Gas
11.1.1.2. Fossil
11.1.1.3. Non-Fossil
11.1.1.4. Biomass
11.2. Global Industrial Boilers Market by Application
11.2.1. Segment Overview
11.2.1.1. Chemicals & Petrochemicals
11.2.1.2. Paper & Pulp
11.2.1.3. Food & Beverages
11.2.1.4. Metals & Mining
11.2.1.5. Others
11.3. Global Industrial Boilers Market by Region
11.3.1. North America
11.3.2. Latin America
11.3.3. Western Europe
11.3.4. Eastern Europe
11.3.5. Asia Pacific
11.3.6. Middle East & Africa

Chapter Twelve: Regional Analysis
12.1. North America Industrial Boilers Market Analysis and Forecast2019-2028
12.1.1. Regional Market Overview and Key Takeaways
12.1.2. North America Industrial Boilers Market by Fuel
12.1.3. North America Industrial Boilers Market by Application
12.1.4. North America Industrial Boilers Market by Country
12.1.4.1. US
12.1.4.2. Canada
12.2. Latin America Industrial Boilers Market Analysis and Forecast2019-2028
12.2.1. Regional Market Overview and Key Takeaways
12.2.2. Latin America Industrial Boilers Market by Fuel
12.2.3. Latin America Industrial Boilers Market by Application
12.2.4. Latin America Industrial Boilers Market by Country
12.2.4.1. Brazil
12.2.4.2. Mexico
12.2.4.3. Rest of Latin America
12.3. Western Europe Industrial Boilers Market Analysis and Forecast2019-2028
12.3.1. Regional Market Overview and Key Takeaways
12.3.2. Western Europe Industrial Boilers Market by Fuel
12.3.3. Western Europe Industrial Boilers Market by Application
12.3.4. Western Europe Industrial Boilers Market by Country
12.3.4.1. Germany
12.3.4.2. UK
12.3.4.3. France
12.3.4.4. Spain
12.3.4.5. Italy
12.3.4.6. Benelux
12.3.4.7. Nordic
12.3.4.8. Rest of Western Europe
12.4. Eastern Europe Industrial Boilers Market Analysis and Forecast2019-2028
12.4.1. Regional Market Overview and Key Takeaways
12.4.2. Eastern Europe Industrial Boilers Market by Fuel
12.4.3. Eastern Europe Industrial Boilers Market by Application
12.4.4. Eastern Europe Industrial Boilers Market by Country
12.4.4.1. Russia
12.4.4.2. Poland
12.4.4.3. Rest of Eastern Europe
12.5. Asia Pacific Industrial Boilers Market Analysis and Forecast2019-2028
12.5.1. Regional Market Overview and Key Takeaways
12.5.2. Asia Pacific Industrial Boilers Market by Fuel
12.5.3. Asia Pacific Industrial Boilers Market by Application
12.5.4. Asia Pacific Industrial Boilers Market by Country
12.5.4.1. China
12.5.4.2. Japan
12.5.4.3. India
12.5.4.4. South Korea
12.5.4.5. Australia
12.5.4.6. ASEAN
12.5.4.7. Rest of Asia-Pacific
12.6. Middle East & Africa Industrial Boilers Market Analysis and Forecast2019-2028
12.6.1. Regional Market Overview and Key Takeaways
12.6.2. Middle East & Africa Industrial Boilers Market by Fuel
12.6.3. Middle East & Africa Industrial Boilers Market by Application
12.6.4. Middle East & Africa Industrial Boilers Market by Country
12.6.4.1. GCC
12.6.4.2. South Africa
12.6.4.3. Turkey
12.6.4.4. Rest of the Middle East & Africa

Chapter Thirteen: Competitive Landscape
13.1. Competition Dashboard
13.1.1. Global and Regional Market Share Analysis
13.1.2. Market Structure
13.2. Competitive Benchmarking
13.3. Key Strategy Analysis
13.4. Company Profiles
13.4.1. Thermax Ltd.
13.4.1.1. Company Overview
13.4.1.2. Product/Service Offerings
13.4.1.3. Financials
13.4.1.4. Recent Developments
13.4.2. Siemens AG
13.4.2.1. Company Overview
13.4.2.2. Product/Service Offerings
13.4.2.3. Financials
13.4.2.4. Recent Developments
13.4.3. Bharat Heavy Electricals Ltd.
13.4.3.1. Company Overview
13.4.3.2. Product/Service Offerings
13.4.3.3. Key Financials
13.4.3.4. Recent Developments
13.4.4. Forbes Marshall
13.4.4.1. Company Overview
13.4.4.2. Product/Service Offerings
13.4.4.3. Key Financials
13.4.4.4. Recent Developments
13.4.5. Mitsubishi Heavy Industries, Ltd.
13.4.5.1. Company Overview
13.4.5.2. Product/Service Offerings
13.4.5.3. Financials
13.4.5.4. Recent Developments
13.4.6. Harbin Electric Corporation
13.4.6.1. Company Overview
13.4.6.2. Product/Service Offerings
13.4.6.3. Financials
13.4.6.4. Recent Developments
13.4.7. Cheema Boilers Limited
13.4.7.1. Company Overview
13.4.7.2. Product/Service Offerings
13.4.7.3. Financials
13.4.7.4. Recent Developments
13.4.8. IHI Corporation
13.4.8.1. Company Overview
13.4.8.2. Product/Service Offerings
13.4.8.3. Financials
13.4.8.4. Recent Developments
13.4.9. AC Boilers
13.4.9.1. Company Overview
13.4.9.2. Product/Service Offerings
13.4.9.3. Financials
13.4.9.4. Recent Developments
13.4.10. Dongfang Electric Corporation Ltd.
13.4.10.1. Company Overview
13.4.10.2. Product/Service Offerings
13.4.10.3. Financials
13.4.10.4. Recent Developments
A comprehensive list of Industrial Boilers brands/manufacturers by country will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities.

Chapter Fourteen: Disclaimer

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