According to a market report by Lucintel, 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 from $1.7 billion in 2024,at 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.
A more than 150-page report to understand trends, opportunity and forecast in high-temperature industrial burner market to 2030 by design (mono-block and duo-block), fuel type (gas burner, oil burner, and dual fuel burner), application (boilers, steam & gas turbine, HRSG (heat recovery steam generation), furnaces/forges, hot air generators, and incineration), end use (metallurgy, power generation, oil & gas, cement & refractories, chemical & petro chemical, industrial co-generation plant, district heating, pulp & paper, and marine), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that boilers is expected to witness the 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.
Through this market, metallurgy will remain the largest segment over the forecast period.
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APAC is expected to witness the highest growth over the forecast period.
Honeywell, Forbes Marshall, Astec, ThyssenKrupp, Alfa Laval, Baltur, Andritz, Oilon, Weishaupt are the major suppliers in the high-temperature industrial burner market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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