High-Temperature Industrial Burner Report: Trends, Forecast and Competitive Analysis to 2030
High-Temperature Industrial Burner Trends and Forecast
The future of the global high-temperature industrial burner market looks promising with opportunities in the metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper,and marine markets. The global high-temperature industrial burner market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for heat and steam in industrial processes, rising adoption of energy-efficient technologies, and need for sophisticated industrial burners is rising in heavy-duty sectors where treating different materials at high temperatures in enclosed systems is necessary.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
High-Temperature Industrial Burner by Segment
The study includes a forecast for the global high-temperature industrial burner by design, fuel type, application, end use, and region
High-Temperature Industrial Burner Market by Design [Shipment Analysis by Value from 2018 to 2030]:
High-Temperature Industrial Burner Market by Fuel Type [Shipment Analysis by Value from 2018 to 2030]:
- Gas Burner
- Oil Burner
- Dual Fuel Burner
High-Temperature Industrial Burner Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Boilers
- Steam & Gas Turbine
- HRSG (Heat Recovery Steam Generation)
- Furnaces/Forges
- Hot Air Generators
- Incineration
High-Temperature Industrial Burner Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Metallurgy
- Power Generation
- Oil & Gas
- Cement & Refractories
- Chemical & Petro Chemical
- industrial Co-Generation Plant
- District Heating
- Pulp & Paper
- Marine
High-Temperature Industrial Burner Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of High-Temperature Industrial Burner Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high-temperature industrial burner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high-temperature industrial burner companies profiled in this report include-
- Honeywell
- Forbes Marshall
- Astec
- Thyssenkrupp
- Alfa Laval
- Baltur
- Andritz
- Oilon
- Weishaupt
High-Temperature Industrial Burner Market Insights
Lucintel forecast that boilers is expected to witness highest growth over the forecast period because it is used in power production facilities, and growing replacement of conventional heating systems with high performance units.
Within this market, metallurgy will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global High-Temperature Industrial Burner Market
Market Size Estimates: High-temperature industrial burner market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: High-temperature industrial burner market size by various segments, such as by design, fuel type, application, end use, and region in terms of value ($B).
Regional Analysis: High-temperature industrial burner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different design, fuel type, application, end use, and regions for the high-temperature industrial burner market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high-temperature industrial burner market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the high-temperature industrial burner market size?
Answer: The global high-temperature industrial burner market is expected to reach an estimated $2.2 billion by 2030.
Q.2 What is the growth forecast for high-temperature industrial burner market?
Answer: The global high-temperature industrial burner market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the high-temperature industrial burner market?
Answer: The major drivers for this market are increasing demand for heat and steam in industrial processes, rising adoption of energy-efficient technologies, and need for sophisticated industrial burners is rising in heavy-duty sectors where treating different materials at high temperatures in enclosed systems is necessary.
Q4. What are the major segments for high-temperature industrial burner market?
Answer: The future of the global high-temperature industrial burner market looks promising with opportunities in the metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper,and marine markets.
Q5. Who are the key high-temperature industrial burner market companies?
Answer: Some of the key high-temperature industrial burner companies are as follows:
- Honeywell
- Forbes Marshall
- Astec
- ThyssenKrupp
- Alfa Laval
- Baltur
- Andritz
- Oilon
- Weishaupt
Q6. Which high-temperature industrial burner market segment will be the largest in future?
Answer: Lucintel forecast that boilers is expected to witness highest growth over the forecast period because it is used in power production facilities, and growing replacement of conventional heating systems with high performance units.
Q7. In high-temperature industrial burner market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the high-temperature industrial burner market by design (mono-block and duo-block), fuel type (gas burner, oil burner,and dual fuel burner), application (boilers, steam & gas turbine, hrsg (heat recovery steam generation), furnaces/forges, hot air generators,and incineration), end use (metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper,and marine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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