Boiler Market by Fuel Type, Boiler Type, Boiler Horsepower, End-Use Industry, and Region

Boiler Market Overview

The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Boiler Market suppliers in the forecast period through 2029. The Maximize Market Research, an Boiler   market research firm, has served more than 600 clients across the world since 2017.

Market Scope

The report provides current Boiler market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Boiler market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Boiler market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Boiler market research report.

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Key Segments Covered In Boiler Industry Analysis :

By End-Use Industry, the Chemicals industry segment held the largest market share of about 38.45% and dominated the Boiler market in 2021. It is further expected to maintain its dominance at the end of the forecast period with the highest CAGR of 5.4%. The rising need for high-quality steam for the manufacturing of chemicals such as petrochemicals, industrial gases, alkali and chlorine, synthetic rubber, synthetic organic fibers, and agricultural chemicals has contributed to the domination (of fertilizers and pesticides). Emerging markets for energy consumption in the chemical sector, such as India and China, are supporting the growth of the industrial boilers market in the chemical industry.

by Fuel Type

• Natural Gas & Biomass
• Coal
• Oil
• Others

by Boiler Type

• Fire-Tube
• Water-Tube

by Boiler Horsepower

• 10-150 BHP
• 151-300 BHP
• 301-600 BHP

by End-Use Industry

• Chemical
• Food
• Refineries
• Metals & Mining
• Others

Key Players : 

• Cleaver-Brooks, Inc. (US)
• Thermax Inc (US)
• Weil-McLain (US)
• Fulton Boiler Works, Inc. (US)
• General Electric (US)
• Babcock & Wilcox Enterprises, Inc. (US)
• BURNHAM COMMERCIAL BOILERS (US)
• Hurst Boiler & Welding Co, Inc. (US)
• Bryan Steam LLC (US)
• Superior Boiler (US)
• Vapor Power International LLC (US)
• Siemens AG (Germany)
• Cochran Ltd (UK)
• John Wood Group plc (UK)
• Vattenfall AB (Sweden)
• Alfa Laval AB (Sweden)
• Sofinter S.p.a (Iatly)
• ANDRITZ AG (Austria)
• ABB Ltd (Switzerland)
• Bharat Heavy Electricals (India)

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Regional Analysis

Boiler Region dominated the Boiler Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Boiler Market growth in the region. The Boiler market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.

Key Questions answered in the Boiler Market Report are:

• What is Boiler Market?
• What is the forecast period of the Market?
• What is the competitive scenario of the market?
• Which region held the largest market share in the Market?
• What are the opportunities for the Market?
• What factors are affecting the market growth?
• Who are the key players of the market?
• Which company held the largest share in the market?
• What will be the CAGR of the market during the forecast period?
• What key trends are likely to emerge in the market in the coming years?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Boiler
• Landscape- Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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