Industrial Burner Market Size to Reach $7.9 billion in 2027 - PowerPoint PPT Presentation

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Industrial Burner Market Size to Reach $7.9 billion in 2027

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[239 Pages Report] The global industrial burner market is projected to reach USD 7.9 billion by 2027 from an estimated USD 5.9 billion in 2022, at a CAGR of 6.1% during the forecast period. The growth of the industrial burner market can be attributed to the increasing deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector is also fueling demand for industrial burners. – PowerPoint PPT presentation

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Title: Industrial Burner Market Size to Reach $7.9 billion in 2027


1
Industrial Burner Market by Type (Regenerative,
High Thermal, Radiant, Direct-Fired), Fuel Type
(Oil, Gas, Dual, Solid), End Use (FB,
Petrochemical, Power, Chemical, Metals Mining),
Operating Temperature, Automation, Region -
Global Forecast to 2027
www.MarketsandMarkets.com
2
The global industrial burner market is expected
to grow at a CAGR of 6.1 during the forecast
period, from an estimated USD 5.9 billion in 2022
to USD 7.9 billion in 2027. Increasing power
generation worldwide coupled with the surging
adoption of dual-fuel industrial burners to lower
the imprint of depleting fossil fuels is fueling
demand for industrial burners. The increasing use
of biofuels, hazardous waste, and hydrogen-based
industrial burners creates numerous opportunities
for industrial burner manufacturers. View
detailed Table of Content here
https//www.marketsandmarkets.com/Market-Reports/i
ndustrial-burner-market-86869676.html
3
The oil segment, by fuel type, is expected to be
the most significant industrial burner market
during the forecast period The oil segment has
the largest share of the global industrial burner
market owing to the ease of availability of fuel
and increasing urbanization and industrialization
in the developing economies. Oil is the most
efficient fuel type where natural gas is not
easily available. Many developing countries lack
a proper distribution network for natural gas. In
addition, oil-fired industrial burners emit less
CO2 in comparison with coal-fired industrial
burners. Make an Inquiry https//www.marketsa
ndmarkets.com/Enquiry_Before_BuyingNew.asp?id8686
9676

4
The direct-fired burner segment is anticipated to
be the fastest-growing industrial burner market
by burner type, during the forecast period The
direct-fired burner is expected to have the
largest market share during the forecast period.
A direct-fired burner can produce more heat
compared to an indirect fired burner, resulting
in a smaller equipment footprint. These burners
are most commonly used in power plant boilers,
which produce high-pressure steam in order to
generate electricity. The increasing demand for
boilers in the power generation sector and a
variety of heating and combustion equipment are
the main factors driving the demand for
direct-fired burners in the industrial burner
market.

5
Browse gtgt 147 market data
tables 53 figures
239 pages and in-depth TOC on
Industrial Burner Market- Global Forecast to
2027 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 4950 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
6
Asia Pacific is expected to dominate the global
industrial burner market during the forecast
period In this report, the industrial burner
market has been analyzed for 5 regions, namely
Asia Pacific, North America, Europe, Middle East
Africa, South America. Asia Pacific is expected
to lead the market during the forecast
period. The industrial burner market in Asia
Pacific is witnessing significant developments in
the power generation and manufacturing sector due
to industrialization, which has supported the
demand for industrial burners across countries of
the region. The industrial sector in China
contributes more than 50 of its GDP, and the
growth of this sector has tremendously increased
power production and consumption in the country.
These factors have made China one of the most
lucrative markets for the power industry. Speak
to Analyst _at_ https//www.marketsandmarkets.com/spe
aktoanalystNew.asp?id86869676
7
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the
    Industrial Burner Market. These include
  • ANDRITZ Group (Austria),
  • NIBE Group (Sweden),
  • Honeywell International Inc.  (US),
  • Ariston Group N.V. (Italy),
  • Fives (France),
  • Riello S. p. A. (Italy) among others...
  • Buy Now - https//www.marketsandmarkets.com/Purc
    hase/purchase_reportNew.asp?id86869676

8
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarkets
.com
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