Attractive opportunities for players in the Boiler Market available in the latest report forecast by 2029


Posted February 27, 2023 by maximizegn

A boiler is a surrounding vessel in which a fluid, such as steam, is heated to generate condensation or vaporization.
 
Boiler Market Scope

The report is a detailed analysis of the Boiler Market covering all the major aspects such as segments, country-wise, and region-wise. For a better understanding of Boiler Market penetration, competitive structure, pricing analysis, and demand analysis of the market is undertaken at the local, regional, and global levels. Major leading companies are mentioned by region, along with their revenue, financial status, portfolio, developments, mergers & acquisitions, and strategic alliances, for competitive analysis of the Boiler Market. The total Boiler market size, volume, and various segment estimates were validated using the Bottom-up approach.

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Boiler Market size was valued at USD 15.46 Bn. in 2021 and the total Boiler revenue is expected to grow at a CAGR of 5.9% from 2022 to 2029, reaching nearly USD 24.45 Bn.

Boiler Market Overview

As per Maximize Market research, a global business research and consultancy firm, the total global market for “Boiler Market” was USD Boiler Bn in 2021 and is expected to grow at a CAGR of Boiler percent over the forecast period to reach USD Boiler Bn by 2029. Innovative technologies for Boiler are expected to drive market growth.

Segmentation

By end-use industry, the Chemicals sector segment dominated the boiler market in 2021 with a market share of over 38.45%. With the highest CAGR of 5.4%, it is also anticipated to keep leading at the end of the forecast period. The dominance of this market has been influenced by the growing demand for high-quality steam for the production of chemicals like petrochemicals, industrial gases, alkali and chlorine, synthetic rubber, synthetic organic fibres, and agricultural chemicals (of fertilisers and pesticides).

In response to needs, technology has been evolving continuously. The EPA's emission standards are met by these boilers during construction. Industrial boilers used in distilleries produce steam that maintains a stable, moderate temperature that is ideal for good vessel heating, maintenance, and fermentation.

Key Players

• Parker Boiler (US)
• Cleaver-Brooks, Inc. (US)
• Thermax Inc (US)
• Weil-McLain (US)
• Fulton Boiler Works, Inc. (US)
• General Electric (US)
• Babcock & Wilcox Enterprises, Inc. (US)
• BURNHAM COMMERCIAL BOILERS (US)
• Hurst Boiler & Welding Co, Inc. (US)
• Bryan Steam LLC (US)
• Superior Boiler (US)
• Vapor Power International LLC (US)
• Siemens AG (Germany)
• Cochran Ltd (UK)
• John Wood Group plc (UK)

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Regional Analysis

Geographically, the report is segmented into several key countries, including market size, growth rate, import and export of Boiler market in these countries, covering North America, Europe, UK, Germany, France, Spain, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa. To keep ahead of the competition, market research gains a better perspective and understanding of the Boiler market and target audience.

Key Questions answered in the Boiler Market Report are:

What is Boiler Market?
What is the forecast period of the Boiler Market?
What is the competitive scenario of the Boiler market?
Which region held the largest market share in the Boiler Market?
What are the opportunities for the Boiler Market?
What factors are affecting the Boiler market growth?
Who are the key players of the Boiler market?
Which company held the largest share in the Boiler market?
What will be the CAGR of the Boiler market during the forecast period?
What key trends are likely to emerge in the Boiler market in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Boiler market.
Landscape- Leading key players and other prominent key players.
Table Of Content:

1. Global Boiler Market: Research Methodology

2. Global Boiler Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Boiler Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Boiler Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Boiler Market Segmentation
4.1 Global Boiler Market, by Fuel Type (2021-2029)
• Natural Gas & Biomass
• Coal
• Oil
• Others
4.2 Global Boiler Market, by Boiler Type (2021-2029)
• Fire-Tube
• Water-Tube
4.3 Global Boiler Market, by Boiler Horsepower (2021-2029)
• 10-150 BHP
• 151-300 BHP
• 301-600 BHP
4.4 Global Boiler Market, by End-Use Industry (2021-2029)
• Chemical
• Food
• Refineries
• Metals & Mining
• Others

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Construction Equipment Market https://www.maximizemarketresearch.com/market-report/global-construction-equipment-market/44733/
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Issued By geeta
Country India
Categories Business
Tags boiler market
Last Updated February 27, 2023