Abstract, Snapshot, Market Analysis & Market Definition: World Industrial Burners Market
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.One of the major trends being seen in the industrial burner market is the use of renewable fuel oil. With increasing focus on reducing emissions so to avert negative changes in climatic condition, it has become important to use renewable fuel for operations. Companies are investing hugely in R&D for developing such industrial burners. In 2019, the market size of Industrial Burners is 9473.4 million US$ and it will reach 11380 million US$ in 2025, growing at a CAGR of 2.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Burners. This report studies the global market size of Industrial Burners, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Industrial Burners production, revenue, market share, and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation, Outlook & Viewpoint: World Industrial Burners Market
Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: under 1 M BTU/HR
under 10 M BTU/HR
under 20 M BTU/HR
under 30 M BTU/HR
above 50 M BTU/HR
Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025:
Food processing industry
Petrochemical industry
Pulp & Paper industry
Power Generation industry
Others
Top Companies & Key Players: World Industrial Burners Market
Riello
Weishaupt
Ariston Thermo
Honeywell
JOHN ZINK
Bentone
IBS
Baltur
Oilon
OLYMPIA
Selas Heat
Key Insights Covered: World Industrial Burners Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of Industrial Burners industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of Industrial Burners industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of Industrial Burners industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Industrial Burners industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Industrial Burners industry.
Research Methodology: Global Industrial Burners Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.