Market Overview:
The global boiler coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and rising concerns about environment protection. In terms of type, the market is segmented into 750℃, 2000℃, and others. The others segment includes coatings that are applied at temperatures lower than 750℃ or higher than 2000℃. In terms of application, the market is segmented into boiler wall, inner wall of water tank, buried part, equipment base, insulated pipe outer wall and others. Others include applications such as flue gas ducts and economizers etc.
Product Definition:
A boiler coating is a protective layer that is applied to the inside of a boiler in order to prevent corrosion. The coating can be made from various materials, including paint, enamel, or ceramic tiles.
750℃:
750 ° is the temperature at which water boils. At 750 °C, there are approximately 1.0 kg of molecules of water vapor in a pound of steam (i.e., 0.0117 mol). The boiling point is dependent on the pressure and volume content as well as on the initial temperature content of the liquid being heated; i.e., it's a function of kJ/mol or J/(kgË„–1).
2000℃:
The 2000 degree temperature is the maximum operating temperature of the boiler. It's generally used in power generation plants to heat water for steam turbines. The boiler pressure is proportional to its volume and if we can control both these factors then it will be easier to operate a particular type of boiler at a certain working pressure range.
Application Insights:
The boiler wall application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for coatings that are used on inner walls of water heaters, boilers, etc. during construction or after completion of such equipment in order to enhance its life expectancy and prevent corrosion caused by contact with other metals or unprotected ferrous materials.
Coating products used within this application include those formulated using raw materials that provide superior protection against high temperatures along with enhanced thermal conductivity, which helps transfer heat from the boiler interior to its exterior surface quickly resulting in improved energy efficiency as well as reduced operating costs when compared with conventional boilers without any coating applied on their inner walls.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to rapid industrialization, coupled with increasing government investments in infrastructure development. In addition, rising disposable income levels are anticipated to fuel demand for luxury apartments and high rise commercial buildings, thereby driving product consumption.
Europe accounted for a significant share of revenue in 2017 owing to growing construction activities across several countries including Russia, Italy and Spain.
Growth Factors:
- Increasing demand for energy-efficient boilers: The global market for energy-efficient boilers is expected to grow at a CAGR of more than 7% from 2016 to 2020. This is due to the increasing awareness about the benefits of using energy-efficient boilers, such as reduced operating costs and greenhouse gas emissions. Boiler coatings help in improving the efficiency of these boilers by reducing heat loss and improving thermal insulation.
- Growing demand for low NOx emission boilers: Low NOx emission (nitrogen oxide) boiler coatings are becoming increasingly popular due to their ability to reduce nitrogen oxide emissions by up to 50%. These coatings are also effective in controlling other pollutants, such as sulfur dioxide and particulate matter, making them an attractive option for industries that are looking to comply with stringent environmental regulations.
- Rising demand from emerging markets: The Asia Pacific region is expected to be the fastest growing market for boiler coatings during the forecast period owing to the booming industrial sector and rising demand from countries such as China and India. In addition, Latin America is also projectedto be a key growth market due its large untapped potential in terms of industrializationand infrastructure development projects underway across various countries in this region .
Scope Of The Report
Report Attributes
Report Details
Report Title
Boiler Coating Market Research Report
By Type
750℃, 2000℃, Others
By Application
Boiler Wall, Inner Wall of Water Tank, Buried Part, Equipment Base, Insulated Pipe Outer Wall, Others
By Companies
Soliani Emc, RTT Engineered Solutions, Vin Tech, Mckennaboiler, VICTORY ENERGY OPERATIONS, Lennox, Bay Area Coating Consultants, Furnace Mineral Products, Armatec, Vibra-Tite, Soliani Emc, Oxytech Systems
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Boiler Coating Market Report Segments:
The global Boiler Coating market is segmented on the basis of:
Types
750℃, 2000℃, 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
Boiler Wall, Inner Wall of Water Tank, Buried Part, Equipment Base, Insulated Pipe Outer Wall, 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:
- Soliani Emc
- RTT Engineered Solutions
- Vin Tech
- Mckennaboiler
- VICTORY ENERGY OPERATIONS
- Lennox
- Bay Area Coating Consultants
- Furnace Mineral Products
- Armatec
- Vibra-Tite
- Soliani Emc
- Oxytech Systems
Highlights of The Boiler Coating 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:
- 750℃
- 2000℃
- Others
- By Application:
- Boiler Wall
- Inner Wall of Water Tank
- Buried Part
- Equipment Base
- Insulated Pipe Outer Wall
- 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 Coating 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?
Boiler coating is a process that coats the inside of boilers with a protective layer to prevent corrosion and wear.
Some of the major companies in the boiler coating market are Soliani Emc, RTT Engineered Solutions, Vin Tech, Mckennaboiler, VICTORY ENERGY OPERATIONS, Lennox, Bay Area Coating Consultants, Furnace Mineral Products, Armatec, Vibra-Tite, Soliani Emc, Oxytech Systems.
The boiler coating 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 Coating 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 Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boiler Coating 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 Coating 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 Coating Market Size & Forecast, 2018-2028
4.5.1 Boiler Coating Market Size and Y-o-Y Growth
4.5.2 Boiler Coating Market Absolute $ Opportunity
Chapter 5 Global Boiler Coating 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 Boiler Coating Market Size Forecast by Type
5.2.1 750℃
5.2.2 2000℃
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Boiler Coating 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 Boiler Coating Market Size Forecast by Applications
6.2.1 Boiler Wall
6.2.2 Inner Wall of Water Tank
6.2.3 Buried Part
6.2.4 Equipment Base
6.2.5 Insulated Pipe Outer Wall
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boiler Coating 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 Coating 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 Boiler Coating Analysis and Forecast
9.1 Introduction
9.2 North America Boiler Coating 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 Boiler Coating Market Size Forecast by Type
9.6.1 750℃
9.6.2 2000℃
9.6.3 Others
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 Boiler Coating Market Size Forecast by Applications
9.10.1 Boiler Wall
9.10.2 Inner Wall of Water Tank
9.10.3 Buried Part
9.10.4 Equipment Base
9.10.5 Insulated Pipe Outer Wall
9.10.6 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 Boiler Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Boiler Coating 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 Boiler Coating Market Size Forecast by Type
10.6.1 750℃
10.6.2 2000℃
10.6.3 Others
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 Boiler Coating Market Size Forecast by Applications
10.10.1 Boiler Wall
10.10.2 Inner Wall of Water Tank
10.10.3 Buried Part
10.10.4 Equipment Base
10.10.5 Insulated Pipe Outer Wall
10.10.6 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 Boiler Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Boiler Coating 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 Boiler Coating Market Size Forecast by Type
11.6.1 750℃
11.6.2 2000℃
11.6.3 Others
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 Boiler Coating Market Size Forecast by Applications
11.10.1 Boiler Wall
11.10.2 Inner Wall of Water Tank
11.10.3 Buried Part
11.10.4 Equipment Base
11.10.5 Insulated Pipe Outer Wall
11.10.6 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 Boiler Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Boiler Coating 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 Boiler Coating Market Size Forecast by Type
12.6.1 750℃
12.6.2 2000℃
12.6.3 Others
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 Boiler Coating Market Size Forecast by Applications
12.10.1 Boiler Wall
12.10.2 Inner Wall of Water Tank
12.10.3 Buried Part
12.10.4 Equipment Base
12.10.5 Insulated Pipe Outer Wall
12.10.6 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) Boiler Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Boiler Coating 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) Boiler Coating Market Size Forecast by Type
13.6.1 750℃
13.6.2 2000℃
13.6.3 Others
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) Boiler Coating Market Size Forecast by Applications
13.10.1 Boiler Wall
13.10.2 Inner Wall of Water Tank
13.10.3 Buried Part
13.10.4 Equipment Base
13.10.5 Insulated Pipe Outer Wall
13.10.6 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 Coating Market: Competitive Dashboard
14.2 Global Boiler Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Soliani Emc
14.3.2 RTT Engineered Solutions
14.3.3 Vin Tech
14.3.4 Mckennaboiler
14.3.5 VICTORY ENERGY OPERATIONS
14.3.6 Lennox
14.3.7 Bay Area Coating Consultants
14.3.8 Furnace Mineral Products
14.3.9 Armatec
14.3.10 Vibra-Tite
14.3.11 Soliani Emc
14.3.12 Oxytech Systems
