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(MoneyNewsWire.Net, February 06, 2018 ) New proprietary research by Research Cosmos predicts modest growth in the global market for boilers. The replacement and retrofit market segments are seeing healthy growth as more aging equipment is replaced. Increasingly stringent regulations are boosting these segments as well, helping to lead the global market for boilers to reach an estimated $14.6 billion in 2021, up from about $11.0 billion in 2016.
Browse details of 175 pages research report on Global Industrial Boilers Market @ https://www.researchcosmos.com/reports/global-industrial-boilers-market-analysis-with-forecasts-to-2022-growth-opportunities/1150687595
Research Cosmos's Industrial Boilers: Technologies and Developing Markets reports that growth will occur for boiler technologies that produce hot water and steam, although the steam-producing boilers segment will outpace its hot-water counterpart.
Research Highlights
Regulations can function as critical market drivers wherever increasing restrictions on air or water emissions can push existing boiler owners to retrofit or upgrade.
Industrial boilers with higher efficiency have lower energy costs, as well as lower greenhouse gas emissions.
Industrial boiler markets in mature markets depend more heavily on replacement and retrofit markets for aging systems than those in developing markets.
Developing markets will continue to show the greatest potential for growth, whereas a slow softening of markets in transition economies will drive growth in export from those countries and limit cost increases.
Despite Market Consolidation among Big Players, Niche and Small Firms See Opportunities
Driven in part by increased volatility in regional markets, a handful of smaller locally focused boiler manufacturers went under, whereas acquisitions increased.
The continued presence of many small- to moderate-sized boiler manufacturers, especially in North America and parts of the Asia-Pacific region, points to continued opportunities for savvy small participants in technological or regional niche markets. For example, in the niche market of solar-powered industrial boilers, a growing number of global locations are seeing increased installations.
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Report Scope:
The scope of this investigation includes major industrial boiler categories installed across all scales and facets of industrial production. Industrial boilers provide heat or steam to a wide array of manufacturing processes, raw materials production, chemicals production, refining and an array of other processes on a global basis. Specific technology categories comprise all industrial boiler sales within the regions considered in this report. Technology categories for which detailed market breakdowns are provided are shown in the following table. The report focuses on industrial boilers. Boilers used for utility-scale power generation, commercial boilers and residential boilers are not included.
The data presented, which are agnostic of fuel, include traditional fossil fuels (e.g., natural gas, coal, liquid fuels, petroleum coke), as well as alternative fuels (e.g., biomass, biogas). The market analysis is based on various data sources, including the most recent government, industry and corporate data on industrial boiler sales, production, imports and exports; manufacturing and industrial productivity data used to help gauge historic and anticipated future market growth; data generated by recent and ongoing research and development (R&D) efforts aimed at identifying new and developing niches for certain classes of industrial boilers, as well as potential for associated growth; and available corporate project announcements for major industrial boiler installations.
Boiler technology advances can be characterized by incremental change, as opposed to industry-shaping leaps. Emerging industrial boiler technologies that may become commercially viable within the next five years are summarized, but they are not included in the market assessment of this report. Research Cosmos analyzes each major viable industrial boiler technology, determines its current market status, examines its impact on future markets and presents forecasts of growth over the next five years. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in support of this industry. Sales of both new and replacement or retrofit boilers are considered.
Research Cosmos analyzes the industrial boiler industry on a global basis in terms of its manufacturing and the deployment of its technologies or products. BCC Research also examines government roles in regulating global boiler emissions, and it identifies key laws and regulations that are expected to drive development of the replacement and retrofit markets through 2021. Research Cosmos also discusses recent trends and projections in terms of unit sales, as well as market sales values.
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Report Includes:
An overview of the global market for industrial boilers.
Analyses of global market trends, with data from 2014, 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021.
Coverage of industrial boiler technology categories, along with relevant market and production information, technological descriptions, issues involved, applications, and market factors.
A look at governmental roles in regulating boiler emissions.
Examination of the moderate level of fragmentation among smaller and specialty boiler makers.
Analysis of manufacturing industries these boilers widely support including food and food products, chemicals, paper and paper products, petroleum refining and petroleum products, metals, and various other industries.
Profiles of leading companies in the industry.
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About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. Were associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
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dani@researchcosmos.com
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Research Cosmos
Dani
+1 888 709 8757
dani@researchcosmos.com
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