openPR Logo
Press release

US Industry Analysis Industrial Boilers Market Forecast - 2023

01-16-2017 09:23 AM CET | Energy & Environment

Press release from: Transparency Market Research

US Industry Analysis Industrial Boilers Market Forecast - 2023

The U.S.industrial boilers market is a fragmented arena with a high competitive rivalry among key players. Acquisitions, strategic alliances, technological innovation, and product diversification are among the go-to strategies of key players to consolidate their presence in the market, finds Transparence Market Research (TMR) in a new study.

However, extensive focus on technology innovation and product differentiation requires large investments. “Sizeable capital investments and the strong brand presence of key players are diminishing prospects of new entrants,” says the author of the report. The prominent players in the market are Cleaver-Brooks Inc., Hurst Boiler & Welding Company Inc., Fulton Boiler Works Inc., Superior Boiler Works Inc., Columbia Boiler Company, and Le Groupe Simoneau Inc.

View exclusive Global strategic Business report :

Increasing Manufacturing Activities to Assist East North Central in Retaining Leadership

The opportunity in the U.S. market for industrial boilers was valued at US$395.76 mn in 2015 and is poised to reach US$515.22 mn by 2023, progressing at a CAGR of 3.35% between 2015 and 2023. The East North Central region will continue to lead the market in terms of until 2023. The region is anticipated to witness a noteworthy rise in industrial growth and manufacturing activities, which in turn will drive the demand for industrial boilers. In this region, the demand for 300 BHP is higher than 600 BHP boilers due to the presence of large food processing and metal companies.

The South Atlantic region will expand at a CAGR of 3.41% during the same period. The growth of the region is supplemented by growth in manufacturing output of paper and chemical industries. The average capacity of boilers in this region is 600 BHP due to the high concentration of chemical companies.

High Costs of Fuel to Prompt Replacement of Old Boilers with Advanced Ones

Over the past few years, several regulatory bodies such as the Environmental Protection Agency (EPA) have introduced industry practical, protective, and cost-effective options to meet the emission standards of industrial boilers. Owing to stringent regulations, the majority of coal-fired industrial boilers are being increasingly replaced with natural gas boilers due to low emission of hazardous gasses. Moreover, the high costs of fuel are prompting the end-user industries such as chemical, refinery, and metals to replace old and inefficient boilers with the advanced and more efficient boilers. These factors are, collectively, working in favor of the growth of the U.S. industrial boilers market.

High Initial and Maintenance Costs to Hinder Growth of Industrial Boilers Market

Industrial boilers have high initial costs, which vary according to the required pressure, steam mass flow rate, and temperature range. Their efficiency reduces with time and eventually results in high cost of steam generation, thereby creating a need for replacement. In addition, boilers with fuels such as coal and wood require regular maintenance, which adds to their operational and maintenance costs. Therefore, the high costs of industrial boilers right from the deployment to maintenance are hampering the growth of the market.

Complete Report with TOC :

The review is based on the findings published in Transparency Market Research’s new report, titled “Industrial Boilers Market - US Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023.”

The U.S. industrial boilers market has been segmented as follows:

U.S Industrial Boilers Market: By Region

South Atlantic
West North Central
West South Central
Pacific States
Mountain States
North East
East North Central
East South Central

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

90 Sate Street, Suite 700
Albany, NY 12207

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release US Industry Analysis Industrial Boilers Market Forecast - 2023 here

News-ID: 413238 • Views: 322

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases

More Releases for Boiler

Steam Boiler Systems Global Market 2018: Key Players – Hurst Boiler, Rentech B …
Steam Boiler Systems Industry Description Wiseguyreports.Com Adds “Steam Boiler Systems -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global Steam Boiler Systems market status and forecast, categorizes the global Steam Boiler Systems market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India,
Biomass Boiler Market, Biomass Boiler Market Trends, Biomass Boiler Market Growt …
An extensive forecast study, titled “Biomass Boiler Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been broadcasted to the online repository of Market Research Reports Search Engine (MRRSE). This 291-page precise study encapsulates valuable details about the market current scenario as well as its future projections on a global and regional level. It further intensely aims to provide major insights into the market’s
Chemicals for Boiler
Boilers comprise of an enclosed vessel where raw water is heated to generate steam for various industrial applications. Natural water contains varying amounts of suspended and dissolved substances, gases, which if not treated properly, it can bring about numerous issues like scale formation, corrosion, etc. of the boiler systems. It can likewise expand the measure of blow down required and subsequently can bring about wastage of fuel. Corrosion and
Combitherm Ultra Boilers(Combi boiler)
Combi Boiler Combitherm Ultra Boilers Combitherm Ultra Boilers are factory assembled unit, installed on a skid base frame requiring minimum site work for installation. This steam boiler too, operates on the function of both water and smoke tube combination type steam boiler( Combi Ultra Boiler). This unique and compact design is one its kind, with amazing fuel feeding flexibility (wood, coal, briquettes, petcoke, rice husk etc.) and redefined water & flue
Global Steam Boiler Market 2017 - Daeyeol Boiler, Shuangliang Group, ZHEJIANG TU …
Global Steam Boiler Market by Manufacturers, Countries, Type and Application, Forecast to 2022 Scope of the Report: This report focuses on the Steam Boiler in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Request For Sample Report @ Market Segment by Manufacturers, this report covers Booster Co., Ltd./Boosterboiler Daeyeol Boiler Shuangliang Group ZHEJIANG TUFF BOILER CO.,LTD. Fulton Boiler Works,
Global Steam Boiler Systems Market: By Types - Fire Tube Boiler, Horizontal Retu …
Latest industry research report on: Global Steam Boiler Systems Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report analyzes and forecasts the market for Steam Boiler Systems at the global and regional level. The market has been forecast based on revenue (US$ Mn) & Volume (Units) from 2016 to 2024. The study includes drivers and restraints of the global Steam Boiler Systems market. It