Global Industrial Fuel Burner Market Growth 2023-2029
An Industrial burner is a mechanical device which uses gas or liquid fuel to produce flames in a controlled manner. Industrial burners allow different types of facilities to control an open flame for a wide range of applications. Burners are most commonly used in industrial settings for heating purposes, as a means to generate steam or supply thermal energy, or applied in manufacturing processes.
LPI (LP Information)' newest research report, the “Industrial Fuel Burner Industry Forecast” looks at past sales and reviews total world Industrial Fuel Burner sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Fuel Burner sales for 2023 through 2029. With Industrial Fuel Burner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Fuel Burner industry.
This Insight Report provides a comprehensive analysis of the global Industrial Fuel Burner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Fuel Burner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Fuel Burner market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Fuel Burner and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Fuel Burner.
The global Industrial Fuel Burner market size is projected to grow from US$ 1229.7 million in 2022 to US$ 1492 million in 2029; it is expected to grow at a CAGR of 1492 from 2023 to 2029.
Global industrial fuel burner main players include Weishaupt, Riello, JOHN ZINK, Honeywell, Oilon Group, Ariston Thermo, Baltur, Enertech Group, Zeeco, Chugai Ro, Baite, Bohui, OLYMPIA KOGYO, Lingyun Redsun, Wuxi Saiwei Burner, etc., totally accounting for about 80%. Europe is the largest market, with a share over 55%. As for the types of products, it can be divided into under 10 M BTU/HR, 10-20 M BTU/HR, 20-30 M BTU/HR, 30-50 M BTU/HR and above 50 M BTU/HR. Under 10 M BTU/HRs is the largest segment, holding a share over 50%. In terms of application, it is widely used in food processing industry, petrochemical industry, pulp and paper industry, power generation industry and others. The most common application is in food processing industry, taking a share over 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Fuel Burner market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Under 10 M BTU/HR
10-20 M BTU/HR
20-30 M BTU/HR
30-50 M BTU/HR
Above 50 M BTU/HR
Segmentation by application
Food Processing
Petrochemical
Pulp and Paper
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Weishaupt
Riello
John Zink
Honeywell
Oilon
Ariston Thermo Group
Baltur
Zeeco
Baite Burners
Enertech Group
Bohui
Chugai Ro
Lingyun Redsun
Wuxi Saiwei Burner
OLYMPIA KOGYO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Fuel Burner market?
What factors are driving Industrial Fuel Burner market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Fuel Burner market opportunities vary by end market size?
How does Industrial Fuel Burner break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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