Los Angeles, CA -- (SBWire) -- 02/01/2019 --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.
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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 global Industrial Burners market is valued at 9230 million US$ in 2018 is expected to reach 11400 million US$ by the end of 2025, growing at a CAGR of 2.7% during 2019-2025.
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This report focuses on Industrial Burners volume and value at global level, regional level and company level. From a global perspective, this report represents overall Industrial Burners market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered: Riello, Weishaupt, Ariston Thermo, Honeywell, JOHN ZINK, Bentone, IBS, Baltur, Oilon Group, OLYMPIA, Selas Heat,
Industrial Burners market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Industrial Burners Market Segmentation by Types: 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,
Industrial Burners Market Segmentation by Applications: Food processing industry, Petrochemical industry, Pulp & Paper industry, Power Generation industry, Others,
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Industrial Burners market helps deliver clients and businesses making strategies.
It covers Industrial Burners industry outlines, upstream and downstream Industrial Burners market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Industrial Burners market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Industrial Burners Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Industrial Burners market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Industrial Burners market
The Industrial Burners market report covers Volume, Revenue and Price Forecast 2019 to 2025
Industrial Burners Market to Grow at a Stayed CAGR from 2019 to 2025 : QY Research
QY Research has come up with a newly published report on global Industrial Burners market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, Industrial Burners market segmentation and forecasting. The report highlights the market size and CAGR of the important segments, thus providing a quick relevant information of the global Industrial Burners market.