A boiler is typically a closed vessel and has water stored inside it. In this heating system, a furnace is required to heat the boiler. Fuels such as coal are used to generate the heat. Subsequently, the heated air comes in contact with the vessel and convection takes place, heating the water inside the vessel. The heated water eventually produces steam.
On the basis of type, the fire-tube segment dominated the market in 2017 and is also projected to grow at a higher rate than the water-tube segment owing to the compact design and efficient operation of fire-tube boilers.
Industrial Boilers market size is projected to reach US$ 12090 million by 2027, from US$ 11530 million in 2020, at a CAGR of 4% during 2021-2027.
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A full report of Global Industrial Boilers Market is available at: https://www.orionmarketreports.com/industrial-boilers-market/10628/
The following manufacturers are covered in this report:
- Andritz Energy & Environment
- Suzhou Hailu
- Robey-Wellman Boilers & Furnaces
- Taiyuan Boiler
- Vapor Power International
- Superior Boiler Works
- Bryan Steam
- Hurst Boiler & Welding Company
Industrial Boilers Breakdown Data by Type
- 200MW below
- 200MW-500MW
- 500MW or above
Industrial Boilers Breakdown Data by Application
- Power
- Metallurgy
- Petrochemical industry
- Other
Scope of the Report
The research study analyzes the global Industrial Boilers industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Industrial Boilers Market Report
1. What was the Industrial Boilers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Industrial Boilers Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Industrial Boilers Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Industrial Boilers market.
- The market share of the global Industrial Boilers market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Industrial Boilers market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Industrial Boilers market.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
