Industrial Boilers Market by Fuel Type, Boiler Type, Boiler Horsepower, End-Use Industry & Geography – COVID-19 Impact Analysis | FMI

In 2020, the industrial boilers market is estimated at USD 14.6 billion and is projected to reach USD 19.3 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. Rising demand for industrial boilers from the food & beverage industry and high demand for clean technology in the chemical end-use industry have been the major drivers for the growth of the industrial boilers market. Future Market Insights (FMI), in an upcoming market research study, brings to fore both macro- and microeconomic factors that will shape the growth curve of the global Industrial Boilers market. The report offers detailed insights on the Industrial Boilers market through an extensive analysis of key growth drivers, latest trends, potential challenges, and revenue growth prospects based on historical data.

Crucial information and forecast statistics, in terms of value and volume, covered in the Industrial Boilers market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis

The recent outbreak of the COVID-19 has adversely affected various markets in the chemicals & materials industry. The Industrial Boilers market is no different. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential chemicals and raw materials faced a sharp decline in demand.

Request a Complete TOC of this Report with figures:

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Industrial Boilers market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Industrial Boilers market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Discounted prices for new customers! Offer expires soon!

Industrial Boilers Market: Segmentation

Valuable information covered in the FMI’s Industrial Boilers market report has been segregated into key segments and sub-segments.

Download Your Sample Copy of This Report:

By Segment 1

On the basis of fuel type, the industrial boilers market is segmented as follows:

  • Natural Gas & Biomass
  • Coal
  • Oil
  • Others

On the basis of boiler type, the industrial boilers market is segmented as follows:

  • Fire-tube
  • Water-tube

On the basis of boiler horsepower, the industrial boilers market is segmented as follows:

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

On the basis of end-use industry, the industrial boilers market is segmented as follows:

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

On the basis of region, the industrial boilers market is segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Industrial Boilers Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Industrial Boilers market. Competitive information detailed in the Industrial Boilers market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Industrial Boilers market report.

Key players covered in the report include:

  • Ross Boilers,
  • Fulton Boiler Works, Inc.,
  • Forbes Marshall Pvt. Ltd.,
  • Utech Projects Pvt Ltd.,
  • IBL Group,
  • Burnham Commercial,
  • Cheema Boilers Limited,
  • Clayton Industries,
  • Tecor Boilers Pvt. Ltd.,

Important Questions Answered in the Industrial Boilers Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Industrial Boilers market been expanding during the forecast period?
  • How will the global Industrial Boilers market look like by the end of the forecast period?
  • What innovative strategies are adopted by Industrial Boilers market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Industrial Boilers market?

Ask us your Any Queries About this Report:  

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Industrial Boilers market



Posted on

Leave a Reply

Your email address will not be published. Required fields are marked *