Industrial Burner Market Share, Opportunities, Industry 2031
Industrial Burner Market Share, Opportunities, Industry 2031
Segments - Industrial Burner Market by Burner Types (Self-recuperative Burner, Direct-fired Burner, Radiant Burner, High Thermal Release Burner, Regenerative Burner, and Others), Fuel Types (Dual Fuel, Solid Fuel, Gas, and Oil), Operating Temperature (Low Temperature [< 1,400°F] and High Temperature [> 1,400°F]), Automations (Monoblock and Duoblock), End-users (Automotive, Metals & Mining, Chemicals, Power Generation, Petrochemicals, Food & Beverages, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :CM-4357
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| 189 Pages
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Report Description
The Global Industrial Burner Market size was valued at USD 10.83 Billion in 2022 and is expected to surpass USD 14.25 Billion by 2031, expanding at a CAGR of 3.1% during the forecast period, 2023 – 2031. The growth of the market is attributed to the use of natural gas-fueled industrial burners.
Industrial burners provide heat and a precise flame that may be regulated in a combustion chamber and utilized for a variety of industrial tasks including manufacturing, steam production, melting, heating, and other tasks. An industrial burner is the most crucial component of a device for the safe and efficient functioning of a furnace, boiler, or other manufacturing process that requires high temperatures. Both equipment users and machinery producers aim for minimal emissions, efficiency, and great reliability.
The Covid-19 pandemic affected the demand and supply of industrial burner market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
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Rising demand for industrial burners in several industries such as aerospace, glass, oil & gas, automotive, pharmaceutical, and power generation is projected to drive the market during the forecast period.
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The need for industrial burners is growing due to rising electricity generation, which is estimated to fuel the market during the projected period.
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Substantial capital expenditure is required for boiler-based burners, which is expected to hinder the market growth.
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Complicated aspects of industrial burner replacement, maintenance, and retrofitting act a major factor that can hinder the market growth during the forecast period.
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3D printing technology has been used to develop advanced liquid and gas burners which is anticipated to create immense opportunities for the market players.
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R&D investment and technological advancement in the industrial burners is anticipated to offer lucrative opportunities for the market players.
Scope of Industrial Burner Market Report
The report on the global industrial burner market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Industrial Burner Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023 – 2031 |
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Segmentation |
Burner Types (Self-recuperative Burner, Direct-fired Burner, Radiant Burner, High Thermal Release Burner, Regenerative Burner, and Others), Fuel Types (Dual Fuel, Solid Fuel, Gas, and Oil), Operating Temperature (Low Temperature [< 1,400°F] and High Temperature [> 1,400°F]), Automations (Monoblock and Duoblock), and End-users (Automotive, Metals & Mining, Chemicals, Power Generation, Petrochemicals, Food & Beverages, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
EBICO; C.I.B. Unigas S.p.A.; Oilon Group Oy; Selas Heat Technology Company; Riello S. p. A.; Weishaupt; Fives; Ariston Group N.V.; Honeywell International Inc.; NIBE Group; ANDRITZ Group; ELCO GmbH; Midco International, Inc.; Surface Combustion, Inc.; Wayne Combustion Systems; Oxilon Private Limited; John Zink Hamworthy Combustion; AGF Burner Inc., Faber Burner Company; Corbett Industries, Inc.; Alfa Laval; Zeeco, Inc.; Riello S.p.A; Babcock Wanson; Power Flame; Enertech GmbH; Weishaupt; Alfa Therm Limited; Alzeta Corporation; QED Combustion; Forbes Marshall Pvt. Ltd.; Striko Westofen; Wesman Group; Industrial Combustion IC; SAACKE GmbH; R.W. Beckett Corp; Mitsubishi Hitachi Power Systems, Ltd; Limpsfield Combustion Engineering Ltd; Honeywell International Inc.; Alzeta Corporation; and Limpsfield. |
Industrial Burner Market Segment Insights
Direct-fired burner segment is projected to expand at a rapid pace during the forecast period
Based on burner types, the market is segregated into self-recuperative burner, direct-fired burner, radiant burner, high thermal release burner, regenerative burner, and others. The direct-fired burner segment is projected to expand at a rapid pace during the forecast period. In comparison to an indirect-fired burner, a direct-fired burner can create greater heat while taking up less space.
The most prevalent application for these burners is in power plant boilers that create high-pressure steam to generate energy. Growth of the segment is attributed to rising demand for boilers in the power generating industry, as well as a range of heating and combustion equipment.
The oil segment accounted for a major market share in 2021
On the basis of fuel types, the market is fragmented into dual fuel, solid fuel, gas, and oil. The oil segment accounted for a major market share in 2021, owing to the ease with which fuel is available, as well as the growing urbanization and industrialization of developing economies.
When natural gas is not readily available, oil is the most efficient fuel choice. Natural gas distribution networks in many developing nations are inadequate. Furthermore, compared to coal-fired industrial burners, oil-fired industrial burners release less CO2.
The high temperature [> 1,400°F] segment is projected to expand at a rapid rate during the forecast period
In terms of operating temperatures, the market is bifurcated into low temperature [< 1,400°F] and high temperature [> 1,400°F]. The high temperature [> 1,400°F] segment contributes the key market share. These burners are widely utilized in the shaping and heat treatment in paper, textile, chemical, food & beverage, glass, metals & mining, ceramics.
Monoblock segment is projected to hold a key market share during the forecast period
On the basis of automation, the market is divided into monoblock and duoblock. The monoblock segment is projected to hold a key market share during the forecast period. A monoblock burner is a type of high-automation electrical and mechanical integration equipment.
Power generation segment is estimated to expand at a high CAGR during the forecast period
Based on end-users, the market is segregated into automotive, metals & mining, chemicals, power generation, petrochemicals, food & beverages, and others. The power generation segment is estimated to expand at a high CAGR during the forecast period. Industrial burners are used to generate high-pressured steam in diesel-fired power plants, coal-fired power plants, steam power plants, and gas turbine-based power plants to generate electricity.
Power consumption is increasing, necessitating more power generation. This, combined with the need to replace and modernize existing power plants, has led to a significant increase in the use of combined-cycle gas turbine (CCGT) power plants.
Asia Pacific is anticipated to dominate the market during the forecast period
On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. The industrial burner market in Asia Pacific is undergoing substantial changes in the manufacturing sector as a result of industrialization, which has boosted demand for industrial burners across the region. The growth of the market in the region is attributed to rising investments in LNG, mining, chemicals, and as well as the expansion of the local manufacturing sector in countries such as Vietnam, South Korea, India, and China.
Segments
The global industrial burner market has been segmented on the basis of
Burner Types
- Self-recuperative Burner
- Direct-fired Burner
- Radiant Burner
- High Thermal Release Burner
- Regenerative Burner
- Others
Fuel Types
- Dual Fuel
- Solid Fuel
- Gas
- Oil
Operating Temperature
- Low Temperature [< 1,400°F]
- High Temperature [> 1,400°F]
Automations
- Monoblock
- Duoblock
End-users
- Automotive
- Metals & Mining
- Chemicals
- Power Generation
- Petrochemicals
- Food & Beverages
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- EBICO
- C.I.B. Unigas S.p.A.
- Oilon Group Oy
- Selas Heat Technology Company
- Riello S. p. A.
- Weishaupt
- Fives
- Ariston Group N.V.
- Honeywell International Inc.
- NIBE Group
- ANDRITZ Group
- ELCO GmbH
- Midco International, Inc.
- Surface Combustion, Inc.
- Wayne Combustion Systems
- Oxilon Private Limited
- John Zink Hamworthy Combustion
- AGF Burner Inc., Faber Burner Company
- Corbett Industries, Inc.
- Alfa Laval
- Zeeco, Inc.
- Riello S.p.A
- Babcock Wanson
- Power Flame
- Enertech GmbH
- Weishaupt
- Alfa Therm Limited
- Alzeta Corporation
- QED Combustion
- Forbes Marshall Pvt. Ltd.
- Striko Westofen
- Wesman Group
- Industrial Combustion IC
- SAACKE GmbH
- R.W. Beckett Corp
- Mitsubishi Hitachi Power Systems, Ltd
- Limpsfield Combustion Engineering Ltd
- Alzeta Corporation
- Limpsfield
Competitive Landscape
Key players competing in the industrial burner market include EBICO; C.I.B. Unigas S.p.A.; Oilon Group Oy; Selas Heat Technology Company; Riello S. p. A.; Weishaupt; Fives; Ariston Group N.V.; Honeywell International Inc.; NIBE Group; ANDRITZ Group; ELCO GmbH; Midco International, Inc.; Surface Combustion, Inc.; Wayne Combustion Systems; Oxilon Private Limited; John Zink Hamworthy Combustion; AGF Burner Inc., Faber Burner Company; Corbett Industries, Inc.; Alfa Laval; Zeeco, Inc.; Riello S.p.A; Babcock Wanson; Power Flame; Enertech GmbH; Weishaupt; Alfa Therm Limited; Alzeta Corporation; QED Combustion; Forbes Marshall Pvt. Ltd.; Striko Westofen; Wesman Group; Industrial Combustion IC; SAACKE GmbH; R.W. Beckett Corp; Mitsubishi Hitachi Power Systems, Ltd; Limpsfield Combustion Engineering Ltd; Honeywell International Inc.; Alzeta Corporation; and Limpsfield.
Some of these players are using several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares, generate revenue, and raise their production line of the business in the coming years. For instance,
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In November 2021, Fives was awarded a contract to supply a clay calcination kiln for a French cement factory with an 8.5 MW Pillard ROTAFLAM.
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In November 2020, Enviroburners Oy, a company that creates and manufactures unique industrial burner systems for environmental protection and energy production, was acquired by the ANDRITZ Group.
Frequently Asked Questions
The industrial burner market size was valued at USD 10569.77 million in 2021.
The industrial burner market size is projected to reach USD 13977.79 million by 2030.
Segments provided in the industrial burner market report include burner types, fuel types, operating temperature, automations, end-users, and regions.
Complicated aspects of industrial burner replacement, maintenance, and retrofitting act a major factor that can hinder the market growth during the forecast period.
Selas Heat Technology Company; Riello S. p. A.; Weishaupt; Fives; Ariston Group N.V.; Honeywell International Inc.; NIBE Group; ANDRITZ Group are some of the key players in the industrial burner market.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Burner Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Burner Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Burner Market - Supply Chain
4.5. Global Industrial Burner Market Forecast
4.5.1. Industrial Burner Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Burner Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Industrial Burner Market Absolute $ Opportunity
5. Global Industrial Burner Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Industrial Burner Market Size and Volume Forecast by End Users
5.3.1. Automotive
5.3.2. Metals & Mining
5.3.3. Chemicals
5.3.4. Power Generation
5.3.5. Petrochemicals
5.3.6. Food & Beverages
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Industrial Burner Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Industrial Burner Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Industrial Burner Demand Share Forecast, 2019-2026
7. North America Industrial Burner Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Industrial Burner Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Industrial Burner Market Size and Volume Forecast by End Users
7.4.1. Automotive
7.4.2. Metals & Mining
7.4.3. Chemicals
7.4.4. Power Generation
7.4.5. Petrochemicals
7.4.6. Food & Beverages
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Industrial Burner Demand Share Forecast, 2019-2026
8. Latin America Industrial Burner Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Industrial Burner Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Industrial Burner Market Size and Volume Forecast by End Users
8.4.1. Automotive
8.4.2. Metals & Mining
8.4.3. Chemicals
8.4.4. Power Generation
8.4.5. Petrochemicals
8.4.6. Food & Beverages
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Industrial Burner Demand Share Forecast, 2019-2026
9. Europe Industrial Burner Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Industrial Burner Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Industrial Burner Market Size and Volume Forecast by End Users
9.4.1. Automotive
9.4.2. Metals & Mining
9.4.3. Chemicals
9.4.4. Power Generation
9.4.5. Petrochemicals
9.4.6. Food & Beverages
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Industrial Burner Demand Share Forecast, 2019-2026
10. Asia Pacific Industrial Burner Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Industrial Burner Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Industrial Burner Market Size and Volume Forecast by End Users
10.4.1. Automotive
10.4.2. Metals & Mining
10.4.3. Chemicals
10.4.4. Power Generation
10.4.5. Petrochemicals
10.4.6. Food & Beverages
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Industrial Burner Demand Share Forecast, 2019-2026
11. Middle East & Africa Industrial Burner Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Industrial Burner Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Industrial Burner Market Size and Volume Forecast by End Users
11.4.1. Automotive
11.4.2. Metals & Mining
11.4.3. Chemicals
11.4.4. Power Generation
11.4.5. Petrochemicals
11.4.6. Food & Beverages
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Industrial Burner Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Industrial Burner Market: Market Share Analysis
12.2. Industrial Burner Distributors and Customers
12.3. Industrial Burner Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. EBICO
12.4.2. C.I.B. Unigas S.p.A.
12.4.3. Oilon Group Oy
12.4.4. Selas Heat Technology Company
12.4.5. Riello S. p. A.
12.4.6. Weishaupt
12.4.7. Fives
12.4.8. Ariston Group N.V.
Methodology
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