Pre-order Enquiry
Request Free Sample
Global Industrial Burners Market Growth 2019-2024
SKU ID : LPI-13842331 | Publishing Date : 07-Feb-2019 | No. of pages : 166
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.
According to this study, over the next five years the Industrial Burners market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 10800 million by 2024, from US$ 9230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Burners business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Burners market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Burners value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
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 data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food processing industry
Petrochemical industry
Pulp & Paper industry
Power Generation industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Riello
Weishaupt
Ariston Thermo
Honeywell
JOHN ZINK
Bentone
IBS
Baltur
Oilon Group
OLYMPIA
Selas Heat
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Burners consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Burners market by identifying its various subsegments.
Focuses on the key global Industrial Burners manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Burners with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Burners submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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.
According to this study, over the next five years the Industrial Burners market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 10800 million by 2024, from US$ 9230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Burners business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Burners market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Burners value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
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 data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food processing industry
Petrochemical industry
Pulp & Paper industry
Power Generation industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Riello
Weishaupt
Ariston Thermo
Honeywell
JOHN ZINK
Bentone
IBS
Baltur
Oilon Group
OLYMPIA
Selas Heat
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Burners consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Burners market by identifying its various subsegments.
Focuses on the key global Industrial Burners manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Burners with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Burners submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Request Sample
Request Discount
