DUBLIN--(BUSINESS WIRE)--The "Industrial Boilers - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Industrial Boilers Market is accounted for $12.38 billion in 2017 and is expected to reach $24.03 billion by 2026 growing at a CAGR of 7.6% from 2017 to 2026.
Rising demand for industrial boilers from the food & beverage industry, emerging geothermal technology for clean energy, development of ultra-mega power projects in emerging economies and improving the combustion efficiency of biomass using new materials are some of the factors fueling the market growth. However, factors such as high cost of installation and boiler efficiency & steam quality are restricting the market growth.
Amongst end user, the food segment accounted for significant market share during the forecast period due to increasing production of commodities such as coarse grains, rice, and milk in the food processing industry. Additionally, the consumption and production of essential edible commodities will also accelerate the growth of industrial boilers market in this segment.
Asia Pacific dominated the market due to the increase in number of investments in petrochemicals refinery projects such as ethylene steam cracker project will be one of the major factors fueling the market growth.
Key Topics Covered
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Industrial Boilers Market, By Product
6 Global Industrial Boilers Market, By Fuel Type
7 Global Industrial Boilers Market, By Boiler Horsepower
8 Global Industrial Boilers Market, By End-User
9 Global Industrial Boilers Market, By Technology
10 Global Industrial Boilers Market, By Geography
11 Key Developments
12 Company Profiling
- Mitsubishi Hitachi Power Systems Ltd.
- AC Boilers S.P.A
- Dongfang Electric Corporation Ltd.
- Andritz Energy & Environment
- General Electric Company
- Babcock & Wilcox Enterprises Inc.
- Taiyuan Boiler Group
- Suzhou Hailu Heavy Industry
- Thermax Limited
- Siemens AG
- Robey-Wellman Boilers & Furnaces Ltd.
- Ab&Co Group
- AMEC Foster Wheeler PLC
- Alfa Laval Aalborg
- Harbin Electric Corporation
- IHI Corporation
- Bharat Heavy Electricals Limited
For more information about this report visit https://www.researchandmarkets.com/research/t2j56v/industrial?w=4
