Market Overview:
The global four-pass boiler 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 energy-efficient boilers from industrial and commercial applications. In addition, the growing awareness about environment-friendly technologies is also contributing to the growth of this market. The gas boiler segment is expected to dominate the global four-pass boiler market during the forecast period, owing to its high efficiency and low emissions.
Product Definition:
A four-pass boiler is a type of boiler in which the water passes through the tubes four times. The water is heated in the furnace and then flows through the tubes to the superheater, where it is heated again. The water then flows to the economizer, where it is cooled before flowing back to the furnace.
Gas Boiler:
The global gas boiler market is expected to witness significant growth owing to the increasing demand for natural gas across various end-use industries such as power generation, chemicals, and oil & gas. The growing industrialization in developing countries coupled with stringent environmental regulations has been driving the product demand over the past few years.
Increasing population coupled with rapid urbanization has been leading to a rise in energy consumption across emerging economies such as India, China, and Brazil.
Oil Boiler:
An oil boiler is a closed vessel system made up of several components including the combustion equipment, feedstock, and heat transfer medium. It is used to generate steam which in turn drives the turbines and produces electricity. The product has several advantages over its counterparts including low space requirement, easy cleaning process with less maintenance cost as compared to other boilers; it also provides high thermal efficiency resulting in more power production from same amount of fuel input.
Application Insights:
The commercial application segment dominated the global four-pass boiler market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in demand for energy efficient and low-carbon technologies across various end-use industries including power generation, oil & gas, marine and steel manufacturing.
Industrial application is projected to witness significant growth over the forecast period owing to a rise in industrialization particularly in developing countries such as India China Indonesia Malaysia Philippines Thailand Vietnam etc. Furthermore, rapid urbanization coupled with increasing government initiatives on improving infrastructure development will further boost industry expansion over the next six years especially across emerging economies such as Brazil Russia South Africa etc.
The product has numerous applications including power generation (oil & gas), marine (offshore), steel manufacturing.
Regional Analysis:
Asia Pacific dominated the global four-pass boiler market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has resulted in an increased demand for industrialization. Moreover, increasing population coupled with rising living standards have led to a rise in residential construction activities which will further drive product demand.
The growing manufacturing sector along with rapid urbanization has driven energy consumption across Asia Pacific region resulting into increased adoption of four-pass Boilers for power generation applications. In addition, government initiatives encouraging investments through tax benefits & subsidies are anticipated to propel industry growth over the next eight years.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional boilers
- Rising prices of fossil fuels that are used to generate electricity
- Development of new technologies that improve the efficiency of four-pass boilers
- Growing demand from the pulp and paper industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Four-Pass Boiler Market Research Report
By Type
Gas Boiler, Oil Boiler
By Application
Industrial Application, Commercial Application
By Companies
Bosch Thermotechnik GmbH, Johnston Boiler Company, Hurst Boiler & Welding Co Inc, Superior Boiler, Easco Boiler Corporation, CFB Boilers Ltd
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Four-Pass Boiler Market Report Segments:
The global Four-Pass Boiler market is segmented on the basis of:
Types
Gas Boiler, Oil 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
Industrial Application, Commercial Application
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:
- Bosch Thermotechnik GmbH
- Johnston Boiler Company
- Hurst Boiler & Welding Co Inc
- Superior Boiler
- Easco Boiler Corporation
- CFB Boilers Ltd
Highlights of The Four-Pass 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:
- Gas Boiler
- Oil Boiler
- By Application:
- Industrial Application
- Commercial Application
- 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 Four-Pass 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.
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 four-pass boiler is a type of boiler that uses four heating passes to heat water. This system allows the boiler to more evenly distribute the heat throughout the water, which makes it less likely for hotspots to form and cause damage.
Some of the major players in the four-pass boiler market are Bosch Thermotechnik GmbH, Johnston Boiler Company, Hurst Boiler & Welding Co Inc, Superior Boiler, Easco Boiler Corporation, CFB Boilers Ltd.
The four-pass boiler 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 Four-Pass Boiler 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 Four-Pass Boiler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Four-Pass Boiler 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 Four-Pass Boiler 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 Four-Pass Boiler Market Size & Forecast, 2018-2028
4.5.1 Four-Pass Boiler Market Size and Y-o-Y Growth
4.5.2 Four-Pass Boiler Market Absolute $ Opportunity
Chapter 5 Global Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Type
5.2.1 Gas Boiler
5.2.2 Oil Boiler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Applications
6.2.1 Industrial Application
6.2.2 Commercial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Four-Pass Boiler 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 Four-Pass Boiler 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 Four-Pass Boiler Analysis and Forecast
9.1 Introduction
9.2 North America Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Type
9.6.1 Gas Boiler
9.6.2 Oil 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 Four-Pass Boiler Market Size Forecast by Applications
9.10.1 Industrial Application
9.10.2 Commercial Application
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 Four-Pass Boiler Analysis and Forecast
10.1 Introduction
10.2 Europe Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Type
10.6.1 Gas Boiler
10.6.2 Oil 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 Four-Pass Boiler Market Size Forecast by Applications
10.10.1 Industrial Application
10.10.2 Commercial Application
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 Four-Pass Boiler Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Type
11.6.1 Gas Boiler
11.6.2 Oil 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 Four-Pass Boiler Market Size Forecast by Applications
11.10.1 Industrial Application
11.10.2 Commercial Application
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 Four-Pass Boiler Analysis and Forecast
12.1 Introduction
12.2 Latin America Four-Pass Boiler 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 Four-Pass Boiler Market Size Forecast by Type
12.6.1 Gas Boiler
12.6.2 Oil 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 Four-Pass Boiler Market Size Forecast by Applications
12.10.1 Industrial Application
12.10.2 Commercial Application
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) Four-Pass Boiler Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Four-Pass Boiler 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) Four-Pass Boiler Market Size Forecast by Type
13.6.1 Gas Boiler
13.6.2 Oil 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) Four-Pass Boiler Market Size Forecast by Applications
13.10.1 Industrial Application
13.10.2 Commercial Application
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 Four-Pass Boiler Market: Competitive Dashboard
14.2 Global Four-Pass Boiler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Thermotechnik GmbH
14.3.2 Johnston Boiler Company
14.3.3 Hurst Boiler & Welding Co Inc
14.3.4 Superior Boiler
14.3.5 Easco Boiler Corporation
14.3.6 CFB Boilers Ltd
