The global condensing fire tube industrial boiler market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for energy-efficient boilers in various industries such as food processing, pulp and paper, refinery, primary metal and others. The increasing demand for condensing boilers in these industries is due to their ability to reduce fuel consumption and emissions while maintaining high efficiency levels. The natural gas segment accounted for the largest share of the global condensing fire tube industrial boiler market in 2017 owing to its low cost and availability as an alternative fuel source. However, coal-fired boilers are expected to witness significant growth during the forecast period owing to their higher efficiency levels than other types of boilers such as oil-fired or gas-fired ones.
Some Of The Growth Factors Of This Market:
- The increasing demand for power generation is one of the major factors driving the growth of the global condensing fire tube industrial boiler market.
- The increasing need for energy efficient solutions is also a factor that will drive the growth of this market in the near future.
- The rising population and urbanization are also factors that will drive this market in coming years as more people move to cities and require more power to sustain their lifestyles, which leads to an increase in demand for power generation equipment such as condensing fire tube industrial boilers.
- Increasing awareness about environmental issues such as climate change and air pollution is another factor that will drive this market in coming years, with governments across the world implementing policies aimed at reducing emissions from coal-fired plants, which are a major source of air pollution and greenhouse gas emissions, by switching to cleaner sources such as natural gas-fired plants or renewable energy sources like solar or wind power plants which use condensing fire tube boilers for generating electricity.
- Increasing investments by governments across Asia Pacific region into infrastructure projects such as roads, bridges, airports etc, coupled with growing population and urbanization rates will lead to an increase in demand for electricity generation equipment like condensing fire tube boilers.
Industry Growth Insights published a new data on “Condensing Fire Tube Industrial Boiler Market”. The research report is titled “Condensing Fire Tube Industrial Boiler Market research by Types (Natural Gas, Oil, Coal, Others), By Applications (Food Processing, Pulp and Paper, Refinery, Primary Metal, Others), By Players/Companies Cleaver-Brooks, Thermax, Bharat Heavy Electricals Limited, AMEC Foster Wheeler, Siemens, Doosan, Hurst Boiler, Babcock & Wilcox, Bosch Thermotechnology, Forbes Marshall, Fulton, Mitsubishi Hitachi Power Systems, General Electric, Rentech, IHI, Cochran”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Condensing Fire Tube Industrial Boiler Market Research Report
By Type
Natural Gas, Oil, Coal, Others
By Application
Food Processing, Pulp and Paper, Refinery, Primary Metal, Others
By Companies
Cleaver-Brooks, Thermax, Bharat Heavy Electricals Limited, AMEC Foster Wheeler, Siemens, Doosan, Hurst Boiler, Babcock & Wilcox, Bosch Thermotechnology, Forbes Marshall, Fulton, Mitsubishi Hitachi Power Systems, General Electric, Rentech, IHI, Cochran
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Condensing Fire Tube Industrial Boiler Market Report Segments:
The global Condensing Fire Tube Industrial Boiler market is segmented on the basis of:
Types
Natural Gas, Oil, Coal, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Processing, Pulp and Paper, Refinery, Primary Metal, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cleaver-Brooks
- Thermax
- Bharat Heavy Electricals Limited
- AMEC Foster Wheeler
- Siemens
- Doosan
- Hurst Boiler
- Babcock & Wilcox
- Bosch Thermotechnology
- Forbes Marshall
- Fulton
- Mitsubishi Hitachi Power Systems
- General Electric
- Rentech
- IHI
- Cochran
Highlights of The Condensing Fire Tube Industrial Boiler Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Gas
- Oil
- Coal
- Others
- By Application:
- Food Processing
- Pulp and Paper
- Refinery
- Primary Metal
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Condensing Fire Tube Industrial Boiler Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A condensing industrial boiler is a type of boiler that uses the heat of combustion to create steam. This steam is then used to power various industrial processes, such as manufacturing and processing.
Some of the key players operating in the condensing fire tube industrial boiler market are Cleaver-Brooks, Thermax, Bharat Heavy Electricals Limited, AMEC Foster Wheeler, Siemens, Doosan, Hurst Boiler, Babcock & Wilcox, Bosch Thermotechnology, Forbes Marshall, Fulton, Mitsubishi Hitachi Power Systems, General Electric, Rentech, IHI, Cochran.
The condensing fire tube industrial boiler market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Condensing Fire Tube Industrial Boiler 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. Condensing Fire Tube Industrial Boiler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Condensing Fire Tube Industrial Boiler Market - Supply Chain
4.5. Global Condensing Fire Tube Industrial Boiler Market Forecast
4.5.1. Condensing Fire Tube Industrial Boiler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Condensing Fire Tube Industrial Boiler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Condensing Fire Tube Industrial Boiler Market Absolute $ Opportunity
5. Global Condensing Fire Tube Industrial Boiler Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Type
5.3.1. Natural Gas
5.3.2. Oil
5.3.3. Coal
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Condensing Fire Tube Industrial Boiler Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
6.3.1. Food Processing
6.3.2. Pulp and Paper
6.3.3. Refinery
6.3.4. Primary Metal
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Condensing Fire Tube Industrial Boiler Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Condensing Fire Tube Industrial Boiler Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Condensing Fire Tube Industrial Boiler Demand Share Forecast, 2019-2026
9. North America Condensing Fire Tube Industrial Boiler 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
9.2. North America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
9.4.1. Food Processing
9.4.2. Pulp and Paper
9.4.3. Refinery
9.4.4. Primary Metal
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Type
9.7.1. Natural Gas
9.7.2. Oil
9.7.3. Coal
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Condensing Fire Tube Industrial Boiler Demand Share Forecast, 2019-2026
10. Latin America Condensing Fire Tube Industrial Boiler 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. Latin America Average Pricing Analysis
10.2. Latin America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
10.4.1. Food Processing
10.4.2. Pulp and Paper
10.4.3. Refinery
10.4.4. Primary Metal
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Type
10.7.1. Natural Gas
10.7.2. Oil
10.7.3. Coal
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Condensing Fire Tube Industrial Boiler Demand Share Forecast, 2019-2026
11. Europe Condensing Fire Tube Industrial Boiler 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. Europe Average Pricing Analysis
11.2. Europe Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
11.4.1. Food Processing
11.4.2. Pulp and Paper
11.4.3. Refinery
11.4.4. Primary Metal
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Condensing Fire Tube Industrial Boiler Market Size and Volume Forecas by Type
11.7.1. Natural Gas
11.7.2. Oil
11.7.3. Coal
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Condensing Fire Tube Industrial Boiler Demand Share, 2019-2026
12. Asia Pacific Condensing Fire Tube Industrial Boiler Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
12.4.1. Food Processing
12.4.2. Pulp and Paper
12.4.3. Refinery
12.4.4. Primary Metal
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Type
12.7.1. Natural Gas
12.7.2. Oil
12.7.3. Coal
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Condensing Fire Tube Industrial Boiler Demand Share, 2019-2026
13. Middle East & Africa Condensing Fire Tube Industrial Boiler Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Application
13.4.1. Food Processing
13.4.2. Pulp and Paper
13.4.3. Refinery
13.4.4. Primary Metal
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Condensing Fire Tube Industrial Boiler Market Size and Volume Forecast by Type
13.7.1. Natural Gas
13.7.2. Oil
13.7.3. Coal
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Condensing Fire Tube Industrial Boiler Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Condensing Fire Tube Industrial Boiler Market: Market Share Analysis
14.2. Condensing Fire Tube Industrial Boiler Distributors and Customers
14.3. Condensing Fire Tube Industrial Boiler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cleaver-Brooks
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thermax
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bharat Heavy Electricals Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMEC Foster Wheeler
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Doosan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hurst Boiler
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Babcock & Wilcox
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bosch Thermotechnology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Forbes Marshall
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fulton
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Hitachi Power Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. General Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rentech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. IHI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Cochran
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook