Industrial Boilers Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

A boiler is typically a closed vessel and has water stored inside it. In this heating system, a furnace is required to heat the boiler. Fuels such as coal are used to generate the heat. Subsequently, the heated air comes in contact with the vessel and convection takes place, heating the water inside the vessel. The heated water eventually produces steam.

On the basis of type, the fire-tube segment dominated the market in 2017 and is also projected to grow at a higher rate than the water-tube segment owing to the compact design and efficient operation of fire-tube boilers.

Industrial Boilers market size is projected to reach US$ 12090 million by 2027, from US$ 11530 million in 2020, at a CAGR of 4% during 2021-2027.

The following manufacturers are covered in this report:

• Andritz Energy & Environment
• Suzhou Hailu
• Robey-Wellman Boilers & Furnaces
• Taiyuan Boiler
• Vapor Power International
• Superior Boiler Works
• Bryan Steam
• Hurst Boiler & Welding Company

Industrial Boilers Breakdown Data by Type

• 200MW below
• 200MW-500MW
• 500MW or above

Industrial Boilers Breakdown Data by Application

• Power
• Metallurgy
• Petrochemical industry
• Other

Scope of the Report

The research study analyzes the global Industrial Boilers industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Industrial Boilers Market Report

1. What was the Industrial Boilers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Industrial Boilers Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Industrial Boilers Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.