Global Industrial Boiler Market 2021-2025

Global Industrial Boiler Market 2021-2025

The publisher has been monitoring the industrial boiler market and it is poised to grow by $ 4.69 bn during 2021-2025 progressing at a CAGR of 6% during the forecast period. The report on industrial boiler market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for biomass boiler and ongoing and expected additions in capacities of major end-user industries. In addition, increasing demand for biomass boiler is anticipated to boost the growth of the market as well.

The industrial boiler market analysis includes end-user segment and geographical landscapes.

The industrial boiler market is segmented as below:

By End-user

• Food and beverages
• Chemicals and petrochemicals
• Pulp and paper
• Oil and gas
• Other end-users

By Geographical Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the rapidly growing demand for natural gas-fired boilers as one of the prime reasons driving the industrial boiler market growth during the next few years.

The report on industrial boiler market covers the following areas:

• Industrial boiler market sizing
• Industrial boiler market forecast
• Industrial boiler market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial boiler market vendors that include Andritz AG, Babcock & Wilcox Enterprises Inc., Bharat Heavy Electricals Ltd., Cleaver-Brooks Inc., Dongfang Electric Corp., Doosan Heavy Industries & Construction Co. Ltd., Henan Province Sitong Boiler Co. Ltd., MIURA Co. Ltd., Thermax Ltd., and Xizi United Holdings Ltd.. Also, the industrial boiler market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.