Market Overview:
The global boiler and auxiliaries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for boilers from various end-use industries, such as chemical, construction, and others. In addition, the growing awareness about energy efficiency is also propelling the growth of this market. Based on type, the boiler and auxiliaries market can be segmented into auxiliary equipment and boilers. Auxiliary equipment includes pumps, fans, valves, and heat exchangers among others.
Product Definition:
A boiler is a closed vessel in which water or other fluid is heated to generate steam, hot water, or hot air. The chief use of boilers is to produce thermal energy for heating purposes, such as space heating and process heat generation.
Auxiliaries:
Auxiliaries are used to increase the efficiency of a boiler. They are basically an accessory that is added to a system and helps it perform better by providing additional features or functions. The most common auxiliary equipment used in boilers include super heaters, feed pumps, economizers, interconnecting devices (valvegear), pressure control devices (pressure fittings), economizers and stack equipment such as nozzles & gauges.
Boiler:
A boiler is a closed vessel that contains and heats an mixture of water, fuel, and sometimes air to generate steam. The steam produced can drive an engine which produces mechanical energy through turbines. boilers have been used for centuries; however, modern boilers are more advanced than traditional ones as they are designed to handle different types of fuels and produce different amounts of heat according to the application.
Application Insights:
The construction segment dominated the global boiler and auxiliary market in 2017, accounting for over 40% of the overall revenue share. The growth can be attributed to increasing demand for steel and cement across the globe owing to growing population, rapid urbanization, changing lifestyle patterns of consumers, and government initiatives promoting infrastructure development.
Coating is projected to be one of the fastest-growing segments during forecast years on account of rising product demand from various industries including automotive (for corrosion resistance), oil & gas (to prevent scaling), power generation (auxiliary fuel additives) which are used in boilers as well as furnaces. In addition, high product performance against corrosion coupled with its ability to protect metal surfaces from oxidation will drive its consumption further driving growth over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to rapid industrialization, economic development, and increasing energy demand coupled with government initiatives for infrastructure development.
The construction industry in Asia Pacific has witnessed tremendous growth over the past few years on account of various government schemes promoting basic amenities such as housing, schools, hospitals, roads etc., which has led to an increased requirement for boilers across industries operating within these sectors including hotels and restaurants (food service sector) or paper coating units (printing press). In addition, growing awareness regarding green building design concepts will further drive product demand across this region during the forecast period.
Growth Factors:
- Increasing demand from the power sector for efficient and reliable boilers and auxiliaries to meet the rising energy demand.
- Boilers and auxiliaries are increasingly becoming an integral part of cogeneration systems to achieve higher efficiency levels.
- Stringent environmental regulations for emissions control is driving the market for more efficient boilers and auxiliaries products.
- Rapid industrialization in developing countries is leading to increased demand for boiler and auxiliary products in these regions 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Boiler and Auxiliaries Market Research Report
By Type
Auxiliaries, Boiler
By Application
Coating, Chemical Industry, Construction, Others
By Companies
Dongfang Electric, Harbin Boiler Company, Wuxi Huaguang Boiler, Suzhou Hailu Heavy Industry, Wuhan Boiler, Jiangsu Changbao Steel Tube, Hangzhou Boiler, China Western Power Industrial, Tianli Environmental, Sichuan CRUN, Dongfang Electric, Shanghai Boiler Works, Taishan Group, Jinan Boiler Group
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Boiler and Auxiliaries Market Report Segments:
The global Boiler and Auxiliaries market is segmented on the basis of:
Types
Auxiliaries, Boiler
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
Coating, Chemical Industry, Construction, 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:
- Dongfang Electric
- Harbin Boiler Company
- Wuxi Huaguang Boiler
- Suzhou Hailu Heavy Industry
- Wuhan Boiler
- Jiangsu Changbao Steel Tube
- Hangzhou Boiler
- China Western Power Industrial
- Tianli Environmental
- Sichuan CRUN
- Dongfang Electric
- Shanghai Boiler Works
- Taishan Group
- Jinan Boiler Group
Highlights of The Boiler and Auxiliaries 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:
- Auxiliaries
- Boiler
- By Application:
- Coating
- Chemical Industry
- Construction
- 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 Boiler and Auxiliaries 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 boiler is a machine used to produce heat, steam, or hot water. Auxiliaries are machines that help the boiler produce its desired output.
Some of the key players operating in the boiler and auxiliaries market are Dongfang Electric, Harbin Boiler Company, Wuxi Huaguang Boiler, Suzhou Hailu Heavy Industry, Wuhan Boiler, Jiangsu Changbao Steel Tube, Hangzhou Boiler, China Western Power Industrial, Tianli Environmental, Sichuan CRUN, Dongfang Electric, Shanghai Boiler Works, Taishan Group, Jinan Boiler Group.
The boiler and auxiliaries market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boiler and Auxiliaries Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Boiler and Auxiliaries Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Boiler and Auxiliaries Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Boiler and Auxiliaries Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Boiler and Auxiliaries Market Size & Forecast, 2020-2028 4.5.1 Boiler and Auxiliaries Market Size and Y-o-Y Growth 4.5.2 Boiler and Auxiliaries Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Auxiliaries
5.2.2 Boiler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coating
6.2.2 Chemical Industry
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boiler and Auxiliaries Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boiler and Auxiliaries Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Auxiliaries
9.6.2 Boiler
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coating
9.10.2 Chemical Industry
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Auxiliaries
10.6.2 Boiler
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coating
10.10.2 Chemical Industry
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Auxiliaries
11.6.2 Boiler
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coating
11.10.2 Chemical Industry
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Auxiliaries
12.6.2 Boiler
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coating
12.10.2 Chemical Industry
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Auxiliaries
13.6.2 Boiler
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coating
13.10.2 Chemical Industry
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boiler and Auxiliaries Market: Competitive Dashboard
14.2 Global Boiler and Auxiliaries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dongfang Electric
14.3.2 Harbin Boiler Company
14.3.3 Wuxi Huaguang Boiler
14.3.4 Suzhou Hailu Heavy Industry
14.3.5 Wuhan Boiler
14.3.6 Jiangsu Changbao Steel Tube
14.3.7 Hangzhou Boiler
14.3.8 China Western Power Industrial
14.3.9 Tianli Environmental
14.3.10 Sichuan CRUN
14.3.11 Dongfang Electric
14.3.12 Shanghai Boiler Works
14.3.13 Taishan Group
14.3.14 Jinan Boiler Group