1 / 8

Industrial Burner Market Size to Reach $7.9 billion in 2027

[239 Pages Report] The global industrial burner market is projected to reach USD 7.9 billion by 2027 from an estimated USD 5.9 billion in 2022, at a CAGR of 6.1% during the forecast period. The growth of the industrial burner market can be attributed to the increasing deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector is also fueling demand for industrial burners.

JohnTeary
Download Presentation

Industrial Burner Market Size to Reach $7.9 billion in 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 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 www.MarketsandMarkets.com

  2. The global industrial burner market 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. 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. View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/industrial-burner-market-86869676.html

  3. The oil segment, by fuel type, is expected to be the most significant industrial burner market during the forecast period The oil segment has the largest share of the global industrial burner market owing to the ease of availability of fuel and increasing urbanization and industrialization in the developing economies. Oil is the most efficient fuel type where natural gas is not easily available. Many developing countries lack a proper distribution network for natural gas. In addition, oil-fired industrial burners emit less CO2 in comparison with coal-fired industrial burners. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=86869676

  4. Thedirect-fired burner segment is anticipated to be the fastest-growing industrial burner market by burner type, during the forecast period The direct-fired burner is expected to have the largest market share during the forecast period. A direct-fired burner can produce more heat compared to an indirect fired burner, resulting in a smaller equipment footprint. These burners are most commonly used in power plant boilers, which produce high-pressure steam in order to generate electricity. The increasing demand for boilers in the power generation sector and a variety of heating and combustion equipment are the main factors driving the demand for direct-fired burners in the industrial burner market.

  5. Browse >> 147 market data tables 53 figures 239 pagesand in-depth TOC on “Industrial Burner Market- Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. Asia Pacific is expected to dominate the global industrial burner market during the forecast period In this report, the industrial burner market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Asia Pacific is expected to lead the 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. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=86869676

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Industrial Burner Market. These include • ANDRITZ Group (Austria), • NIBE Group (Sweden), • Honeywell International Inc.  (US), • Ariston Group N.V. (Italy), • Fives (France), • Riello S. p. A. (Italy) among others... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=86869676

  8. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related