Emphasis on Reducing Carbon Emissions to Propel Usage of Industrial Boilers in the U.S., Reports TMR
The leading four players, Cleaver-Brooks, Inc., Fulton Boiler Works, Inc., and Hurst Boiler & Welding Company, Inc. collectively held a gigantic share of 75.8% share in the U.S. industrial boilers market in 2014. Transparency Market Research found that the fragmented competitive landscape is being driven by increasing strategic alliances and partnerships to gain stronger market presence. For instance, Cleaver-Brooks, Inc. acquired Holman Boiler Works and Affiliated Power Services in July 2014 to growing inorganically.
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