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.
The report offers detailed coverage of Industrial Burners industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Burners by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Industrial Burners market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Industrial Burners market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Riello
Weishaupt
Ariston Thermo
Honeywell
JOHN ZINK
Bentone
IBS
Baltur
Oilon Group
OLYMPIA
Selas Heat
At the same time, we classify Industrial Burners according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
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
Market by Application
Food processing industry
Petrochemical industry
Pulp & Paper industry
Power Generation industry
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Burners market for the forecast period 2021 - 2025?
• What are the driving forces in the Industrial Burners market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Burners industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?