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The Industrial Burner market was valued at USD 7,879.5 million in 2020 and expected to grow at a CAGR of 5.6% during the forecast period from 2021 to 2027 to reach around USD 12,475.5 million in 2027.
Industrial burners are of critical importance in host of industries. Industrial burners are used to produce a flame and heat. Industrial burners are available in wide ranging types based on technology and type of fuel used. Selection of appropriate industrial burners is of prime importance in order to achieve the higher efficiency and to increase the benefits of using the same.
Key Trends in Global Industrial Burner Market
Stringent Regulations and Increasing Safety Concerns
Ever increasing applications of industrial burners across host of industries is governed by very stringent regulations. Industrial burners are used for heat and flame generation at different levels based upon requirements of particular production process. Fabrication standards of industrial burners vary based on fuel type and desired applications. Moreover, there are stringent regulatory standards are in place for high level of efficiency and advanced monitoring sensors. Moreover, growing safety concerns around the world has been resulted into adoption of strict safety measures.
Impact of COVID 19 on Global Industrial Burner Market
COVID 19 has left an unparalleled impact on growth of global Industrial Burner industry. The global Industrial Burner has witnessed very severe setback like never before. The demand for Industrial Burner is expected to be plunged by almost 20% in 2020, in terms of both volume as well as revenue.
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Global Industrial Burner Market by Type Insights
Based on its type, the global Industrial Burner market can be segmented into Regenerative Burners, Thermal Radiation, Flat Flame Burners, Radiant Burners, Line Burners, Customized Burners and Others. Regenerative and customized burners dominated the global industrial burners industry in 2020 with over 60% share together. ………..
Global Industrial Burner Market by Application Insights
Based on its application, the global Industrial Burner market can be segmented into Petrochemicals, Power Generation, Chemicals & Specialty Chemicals, Metal, Mining & Mineral, Pharmaceutical, Glass & Ceramics, Food & Beverages and Others. Power generation segment leads the application industry of industrial burners with over 20% share in 2020. Green and clean fuel initiative around the world is supporting the growth of industrial burners.
Global Industrial Burner Market by Fuel Type Insights
Based on its fuel type, the global Industrial Burner market can be segmented into Oil-based, Gas-based, Dual fuel and Others. Oil based and dual fuel based industrial burners accounted for vast majority of revenue generated by this industry in 2020. Together these segments accounted for over 60% share in 2020. However, gas based industrial burners are likely grow at rapid pace over the forecast period.
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Global Industrial Burner Market by Regional Insights
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Global Industrial Burner Market Competitive Landscape
Key players operating in the field of manufacturing Industrial Burner including but not limited to Limpsfield Combustion Engineering Ltd., Maxon Corporation (Honeywell International, Inc.), Mitsubishi Hitachi Power Systems, Ltd., Oilon Oy, ALZETA Corporation, Andritz AG, Bloom Engineering Company, Inc. Forbes MarshallOsaka Gas Co., Ltd., Selas Heat Technology Company, Weishaupt Group and Others. Top four players accounted for over 30% share in global industrial burner industry in 2020. Top four players include Andritz AG, Mitsubishi Hitachi Power Systems, Ltd., Weishaupt Group and Osaka Gas Co., Ltd.
Key questions answered in this report
- COVID 19 impact analysis on global Industrial Burner industry
- What are the current market trends and dynamics in the Industrial Burner market and valuable opportunities for emerging players?
- What is driving Industrial Burner market?
- What are the key challenges to market growth?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which product type segment holds a larger market share and why?
- Are low and middle-income economies investing in the Industrial Burner market?
- Key growth pockets on the basis of regions, types, applications, and end-users
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
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Market Segmentation
Global Industrial Burner Market by Type, 2015 – 2027
· Regenerative Burners
· Thermal Radiation
· Flat Flame Burners
· Radiant Burners
· Line Burners
· Customized Burners
· Others
Global Industrial Burner Market by Application, 2015 – 2027
· Petrochemicals
· Power Generation
· Chemicals & Specialty Chemicals
· Metal, Mining & Mineral
· Pharmaceutical
· Glass & Ceramics
· Food & Beverages
· Others
Global Industrial Burner Market by Fuel Type, 2015 – 2027
· Oil-based
· Gas-based
· Dual fuel
· Others
Global Industrial Burner Market by Automation, 2015 – 2027
· Monoblock
· Duoblock
Global Industrial Burner Market by Operating Temperature, 2015 – 2027
· High Temperature (> 1400F)
· Low Temp (< 1400F)
Global Industrial Burner Market by Region, 2015 – 2027
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa
Global Industrial Burner Market: Key Players
· Limpsfield Combustion Engineering Ltd.
· Maxon Corporation (Honeywell International, Inc.)
· Mitsubishi Hitachi Power Systems, Ltd.
· Oilon Oy
· ALZETA Corporation
· Andritz AG
· Bloom Engineering Company, Inc.
· Forbes MarshallOsaka Gas Co., Ltd.
· Selas Heat Technology Company
· Weishaupt Group
. Others
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Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Industrial Burner Market
2.2. Global Industrial Burner Market, by Product, 2020 (US$ Bn)
2.3. Global Industrial Burner Market, by Application, 2020 (US$ Bn)
2.4. Global Industrial Burner Market, by Technology, 2020 (US$ Bn)
2.5. Global Industrial Burner Market, by End-user, 2020 (US$ Bn)
2.6. Global Industrial Burner Market, by Geography, 2020 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global Industrial Burner Market Value, 2015-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2019
3.4. Market Positioning of Key Players, 2019
3.4.1. Major Strategies Adopted by Key Players
4. Global Industrial Burner Market, by Type, 2015-2027 (US$ Bn)
4.1. Overview
4.2. Regenerative Burners
4.3. Thermal Radiation
4.4. Flat Flame Burners
4.5. Radiant Burners
4.6. Line Burners
4.7. Customized Burners
4.8. Others
5. Global Industrial Burner Market, By Automation, 2015-2027 (US$ Bn)
5.1. Overview
5.2. Monoblock
5.3. Duoblock
6. Global Industrial Burner Market, by Fuel Type, 2015-2027 (US$ Bn)
6.1. Overview
6.2. Oil-based
6.3. Gas-based
6.4. Dual fuel
6.5. Others
7. Global Industrial Burner Market, by Operating Temperature, 2015-2027 (US$ Bn)
7.1. Overview
7.2. High Temperature (> 1400F)
7.3. Low Temp (< 1400F)
8. Global Industrial Burner Market, by Application, 2015-2027 (US$ Bn)
8.1. Overview
8.2. Petrochemicals
8.3. Power Generation
8.4. Chemicals & Specialty Chemicals
8.5. Metal, Mining & Mineral
8.6. Pharmaceutical
8.7. Glass & Ceramics
8.8. Food & Beverages
8.9. Others
9. North America Industrial Burner Market Analysis, 2015-2027 (US$ Bn)
9.1. Overview
9.1.1. North America Industrial Burner Market Value and Growth, 2015-2027, (US$ Bn)
9.2. North America Industrial Burner Market Value, By Product, 2015-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. North America Industrial Burner Market Value, By Application, 2015-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. North America Industrial Burner Market Value, By Technology, 2015-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. North America Industrial Burner Market Value, By End-user, 2015-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. North America Industrial Burner Market Value, By Region/Country, 2015-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.S.
9.6.3. Rest of North America
10. Europe Industrial Burner Market Analysis, 2015-2027 (US$ Bn)
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11. Asia Pacific Industrial Burner Market Analysis, 2015-2027 (US$ Bn)
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12. Rest of the World Industrial Burner Market Analysis, 2015-2027 (US$ Bn)
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13. Company Profiles
13.1. Limpsfield Combustion Engineering Ltd.
13.2. Maxon Corporation (Honeywell International, Inc.)
13.3. Mitsubishi Hitachi Power Systems, Ltd.
13.4. Oilon Oy
13.5. ALZETA Corporation
13.6. Andritz AG
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Contact Information:
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mail: sales@credenceresearch.com
Keywords: Industrial Burners Market, Industrial Burners Market Size, Industrial Burners Market Share, Industrial Burners Market Trend, Industrial Burners Market Growth, Industrial Burners Market Forecast
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