Title: Analysis of Industrial Boiler Market applications and companies active in the industry
1Industrial Boiler Market Price, Trends,
Industry Outlook Forecast 2016-2024
2Global Market Scenario of Industrial Boiler
Industry
- U.S. industrial boiler market is predicted to
witness robust growth owing to ongoing
investments toward refurbishment and upgradation
of the existing heating units. Robust growth
across food processing and chemical sector will
further embellish the business growth. In 2015,
food industry in the U.S. attracted FDI
investments worth USD 78.3 billion. Government
efforts towards reducing carbon footprint will
further stimulate the product demand. - Rapid industrialization across developing
economies along with increasing demand for high
efficiency heating units will drive the global
industrial boiler market growth. Countries across
Asia-Pacific and Africa have planned huge
investments toward improving industrial output
which will positively stimulate the product
demand. In Sub-Saharan Africa, manufacturing
exports accounted for over USD 100 billion in
2014 compared to USD 50 billion in 2005. Rising
foreign direct investment across emerging
economies will further enhance the business
outlook.
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- Refinery applications annual installations is set
to exceed 13 thousand units by 2024. Growing
demand for refined petroleum distillates coupled
with rising consumption of other petroleum
products will stimulate the industrial boiler
market. Ongoing efforts to reduce carbon
footprint along with government norms towards low
sulphur content in petroleum products will
further complement the business growth. - Reasons to Buy This Report
- 1. Industrial Boiler Market size share
forecast by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Industrial Boiler Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Supportive government policies toward
installation of energy efficient heating systems
coupled with replacement of traditional boilers
will fuel the industrial boiler market. In
January 2017, France announced to cut carbon
emission by 40 by 2030 and 75 by 2050 from 1990
levels. In year 2014, manufacturing accounted for
over 15 of CO 2 emissions in the country. - Saudi Arabia industrial boiler market size will
grow owing to government efforts towards economic
diversification coupled with recovering oil
prices. In April 2016, the government of Saudi
Arabia announced Saudi Vision 2030 plan which
aims towards restructuring the economy through
diversification and privatization of its
industries.
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