PUBLISHER: Lucintel | PRODUCT CODE: 1416549
PUBLISHER: Lucintel | PRODUCT CODE: 1416549
High-Temperature Industrial Burner Trends and Forecast
The future of the global high-temperature industrial burner market looks promising with opportunities in the metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper,and marine markets. The global high-temperature industrial burner market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for heat and steam in industrial processes, rising adoption of energy-efficient technologies, and need for sophisticated industrial burners is rising in heavy-duty sectors where treating different materials at high temperatures in enclosed systems is necessary.
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High-Temperature Industrial Burner by Segment
The study includes a forecast for the global high-temperature industrial burner by design, fuel type, application, end use, and region
High-Temperature Industrial Burner Market by Design [Shipment Analysis by Value from 2018 to 2030]:
High-Temperature Industrial Burner Market by Fuel Type [Shipment Analysis by Value from 2018 to 2030]:
High-Temperature Industrial Burner Market by Application [Shipment Analysis by Value from 2018 to 2030]:
High-Temperature Industrial Burner Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
High-Temperature Industrial Burner Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of High-Temperature Industrial Burner Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high-temperature industrial burner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high-temperature industrial burner companies profiled in this report include-
High-Temperature Industrial Burner Market Insights
Lucintel forecast that boilers is expected to witness highest growth over the forecast period because it is used in power production facilities, and growing replacement of conventional heating systems with high performance units.
Within this market, metallurgy will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global High-Temperature Industrial Burner Market
Market Size Estimates: High-temperature industrial burner market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: High-temperature industrial burner market size by various segments, such as by design, fuel type, application, end use, and region in terms of value ($B).
Regional Analysis: High-temperature industrial burner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different design, fuel type, application, end use, and regions for the high-temperature industrial burner market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high-temperature industrial burner market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the high-temperature industrial burner market size?
Answer: The global high-temperature industrial burner market is expected to reach an estimated $2.2 billion by 2030.
Q.2 What is the growth forecast for high-temperature industrial burner market?
Answer: The global high-temperature industrial burner market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the high-temperature industrial burner market?
Answer: The major drivers for this market are increasing demand for heat and steam in industrial processes, rising adoption of energy-efficient technologies, and need for sophisticated industrial burners is rising in heavy-duty sectors where treating different materials at high temperatures in enclosed systems is necessary.
Q4. What are the major segments for high-temperature industrial burner market?
Answer: The future of the global high-temperature industrial burner market looks promising with opportunities in the metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper,and marine markets.
Q5. Who are the key high-temperature industrial burner market companies?
Answer: Some of the key high-temperature industrial burner companies are as follows:
Q6. Which high-temperature industrial burner market segment will be the largest in future?
Answer: Lucintel forecast that boilers is expected to witness highest growth over the forecast period because it is used in power production facilities, and growing replacement of conventional heating systems with high performance units.
Q7. In high-temperature industrial burner market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.