Market Study Report adds 2018-2024 Global Industrial Boiler market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Selbyville, DE -- (SBWire) -- 12/06/2018 --MarketStudyReport.com offers 2018 report on Global Industrial Boiler market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

U.S. industrial boiler market is set to witness growth on account of increasing investment for the replacement of conventional heating systems intended toward environmental compliance. able growth in the refining capacity to serve the rising demand of fuel will further elevate industry growth. In 2017, the U.S Energy Information Administration estimated growth of over 1.6% in the operational crude distillation capacity as compared to 2016.

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Eminent participants in global industrial boiler market includes Saudi Boilers, Mitsubishi Heavy Industries, Fulton, Babcock and Wilcox, Hurst Boiler, Clayton, Bharat Heavy Electricals, Doosan Corporation, Thermax, Cleaver-Brooks, Forbes Marshall, Cochran, Rentech, Parker Boilers and Foster Wheeler.

Rising infrastructural investment along with continued regulatory support will drive the China industrial boiler market. Under its 13th FYP (2016-2020), the country has planned robust growth and expansion of its manufacturing sector which will complement the business landscape. Increasing per capita income coupled with growing population will further propel the industry growth. The United Nations in 2017, has predicted the population of China to reach over 1.4 billion by 2022.

Global Industrial Boiler Market is predicted to reach over USD 14 billion by 2024. Growing focus toward automation coupled with rapid industrialization will augment the product adoption. Growing measures to reduce reliance on conventional fuel along with stringent government mandates will stimulate the industry growth. For instance, the European Union in 2015, issued a Directive (EU) 2015/2193 which regulates the pollutants emission from less than 50 MWth rated thermal input plants.

Water tube industrial boiler market is anticipated to expand over 3% by 2024. Efficient performance, rapid circulation and flexibility in design are few imperative factors which will propel the product deployment. Moreover, rising demand for steam generating solution from large and medium-scale industries will drive the product adoption.

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Natural gas fired industrial boiler market is predicted to grow over 4% by 2024. Stringent emission norms along with legislative directives encouraging the use of clean fuel will propel the demand for these steams generating units. For instance, the EU Directive 92/42/EEC has issued guidelines for energy conservation, emission reduction & energy efficiency in key economic sectors.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Industrial Boiler Industry Insights

Chapter 4 Industrial Boiler Market, By Capacity

Chapter 5 Industrial Boiler Market, By Product

Chapter 6 Industrial Boiler Market, By Technology

Chapter 7 Industrial Boiler Market, By Fuel

Chapter 8 Industrial Boiler Market, By Application

Chapter 9 Industrial Boiler Market, By Region

Chapter 10 Company Profiles
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Related Report:

Global Industrial Boiler Market by Region, By Country: Opportunities and Forecast (2018-2023)

The global market for Industrial boilers is driven by development in manufacturing sector. Growth in industries related to chemicals, food and beverages, Textile, Pulp & Paper, Metal etc. is the prime factor which drive the demand of industrial boilers for process and power generation application. Additionally, the demand of industrial boilers in commercial spaces is also rising.

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