Industrial Burner Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032
The global industrial burner market size was estimated to be US$ 5.2 billion in 2021 and is expected grow at a CAGR of 6.1% between 2023 to 2032. Heavy-duty industries cannot operate without industrial furnaces, which are built to withstand high temperatures in sealed systems for product processing.
High-capacity heating systems are crucial for heavy-duty industries all over the world to support large-scale manufacturing, from metal melting to heat treatment. As an alternative to huge, dangerous furnaces, a number of important metal processing companies are relying on high-capacity industrial burners. Industrial burners are a better option since they fulfill the same functions as high-capacity furnaces and reactors while costing less and requiring less manufacturing complexity. In the upcoming years, this factor is probably going to fuel the growth of the worldwide industrial burner market.
The rise in the use of BMSs, or burner management systems, is expected to result in the industrial burner market to expand significantly from 2023 through 2032. This technology helps address the suppression of boiler explosions, and this element has a substantial influence on the growth of the global industrial burner market. The industrial burners' precision, superior performance and efficiency are also contributing to their extensive use, which is driving an incremental growth in the market.
In light of the rapid industrialization of developing economies and the substantial use of industrial boilers in multiple industries, including chemicals, food handling, control technology, and oil and gas, the market for industrial burners as a whole is likely to experience a fundamental upsurge over the coming years. However, the market can suffer as a result of the low supply of trained professionals.
The market for industrial burners may witness major expansion during the assessment period because of the increasing use of burner management systems globally and the improved results of industrial burners.
The industrial burner market may experience multiple growth spikes due to the expanding prospects for industrialization around the world. India and China are two nations with significant levels of population density and are actively developing industrialization and attracting investments from around the world. Therefore, this factor might be a key driver of market expansion for industrial burners. Good growth potential may also result from restrictions and guidelines imposed by governments of various nations regulating the use of industrial burners.
The major players operating in the industrial burner market are Alzeta Corp, ANDRITZ, Baltur S.P.A., Bloom Engineering, Forbes Marshall, Honeywell international Inc, Limpsfield, MITSUBISHI HITACHI POWER SYSTEMS LTD, Oilon, QED Combustion, Selas Heat Technology Company, WESMAN, JOHN ZINK COMPANY LLC, IBS GmbH (Industrie-Brenner-Systeme) , Faber Burner Company, Weishaupt Group, Oxilon Burners Company, ESA Pyronics International, BABCOCK WANSON, AGF Burner Inc
Market Segmentation as below:
By Fuel Type
- Oil-based
- Gas-based
- Dual fuel
By Automation
By Burner Type
- Regenerative Burners
- High Velocity Burner
- Thermal Radiation
- Radiant Burner
- Customized (Burner Boiler)
- Flat Flame Burner
- Line Burner
- Others
By Operating Temperature
- High Temperature (> 1400F)
- Low Temp (< 1400F)
By Application
- Boilers
- Furnace/Ovens/Kiln
- Air Heating/ Drying
- Others
By End Use
- Petrochemicals
- Power Generation
- Chemicals & Specialty Chemicals
- Mining and Mineral
- Metal
- Pharmaceutical
- Glass
- Ceramics
- Food Processing
- Automotive
- Printing & Publishing
- Others
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
