The global industrial boilers market size was valued at over USD 14.5 billion in 2020 and expected to grow at a significant CAGR during the forecast period 2020 to 2027. The growing demand for clean energy is a key factor to drive the market by the chemical industry. Furthermore, the increasing demand for industrial boiler in the food and beverage sector is projected to propel the market. In addition, the rising industrial growth in various economies such as India, Philippines, and others is estimated to increase the demand for industrial boilers across the globe. However, the high installation cost is projected to hinder the market growth over the forecast period.
The report titled “Industrial Boilers Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2021 – 2027″ offers a holistic view of the Industrial Boilers industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Industrial Boilers market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Industrial Boilers Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Industrial Boilers Market Segmentation:
By Boiler Type:
By Fuel Type:
- Oil & Gas
- Chemicals & Petrochemicals
- Paper & Pulp
- Food & Beverages
- Metals & Mining
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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List of Key companies:
- Siemens AG
- Bharat Heavy Electricals Ltd.
- Forbes Marshall
- Mitsubishi Heavy Industries, Ltd.
- Harbin Electric Corporation
- Cheema Boilers Limited
- IHI Corporation
- Babcock & Wilcox Enterprises, Inc.
- John Wood Group PLC
- Thermax Ltd.
Key Questions Answered by Industrial Boilers Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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