The global industrial boiler market is projected to display a growth represented by a CAGR of over 4.58% during 2018 - 2023, primarily driven by increasing industrial manufacturing activities in developed and emerging region.
The global market for Industrial boilers is driven by development in manufacturing sector. Growth in industries related to chemicals, food and beverages, Textile, Pulp & Paper, Metal etc. is the prime factor which drive the demand of industrial boilers for process and power generation application. Additionally, the demand of industrial boilers in commercial spaces is also rising.
Asia Pacific region is the biggest market in the current period and expected to lead in forecast period. In the forecast period, APAC region will witness strong growth backed by rising industrialization in emerging countries such as China, India, Japan, South Korea, Indonesia and Thailand.
Scope of the Report
Global Industrial Boiler Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Industrial Boiler Market
Analysis By Product - Fire Tube, Water Tube
Analysis By Capacity: 10-150 BHP, 151-300 BHP, Above 300 BHP
Analysis By Fuel: Coal, Natural Gas, Oil, Others
Analysis By End User Industry: Food & Beverages, Paper & Pulp, Chemicals, Oil & Gas Refinery, Primary Metals, Other
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
4. Industrial Boiler Outlook
5. Global Industrial Boiler Market: Growth and Forecast
6. Global Industrial Boiler Market - Segmental Breakdown