Market Overview:
The global three-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 three-pass boiler market during the forecast period, owing to its high efficiency and low emissions.
Product Definition:
A three-pass boiler is a type of steam boiler where the water is heated three times. The first pass is through the firebox, where the fuel is burned. The second and third passes are through tubes in the boiler barrel, where heat from the fire transfers to the water.
Gas Boiler:
The global gas boiler market is expected to witness significant growth over the forecast period. The growth of this industry can be attributed to the growing demand for natural gas across end-use industries such as power generation, chemicals, and manufacturing. Gas boilers use a heat source other than water (such as gaseous or liquid fuel) which produces steam at a pressure of up to 14.7 MPa (1,000 kg/cm2).
Oil Boiler:
An oil boiler is a closed vessel system made up of several components including the combustion equipment, which is used to convert solid or liquid feedstock into gases and steam. The product that comes out at the end of the process is known as super-heat vaporized liquid (SHVL). It has high viscosity and low molecular weight which increases its utility in various industrial processes.
Application Insights:
The commercial application segment dominated the global three-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 from power generation and chemical sectors. Power generation is one of the major applications that use boilers as they are a reliable source of heat with low fuel consumption and emission levels.
Industrial application is expected to witness significant growth over the forecast period owing to rising demand from steel manufacturing, cement production, and other industrial processes such as oil & gas processing and pharmaceuticals. Boilers are used for heating process water across several industries including iron & steel, chemicals, cement kilns etc.
Regional Analysis:
Asia Pacific dominated the global three-pass boiler market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to large scale adoption of the product due to favorable government policies, availability of cheap labor, and presence of numerous manufacturers. In addition, rapid industrialization coupled with increasing demand from end-use industries such as food & beverage and power generation is anticipated to drive growth over the forecast period.
Europe was estimated at USD X million in 2017 owing to high consumption levels from several major application sectors including power generation, municipal wastewater treatment plants (WWTPs), paper mills etc., especially in Germany, Italy and France. Increasing environmental regulations have resulted into increased focus on energy efficiency leading towards higher adoption rates for advanced energy efficient technologies such as Boiler Type 3Pass (BT3P) which has a lower carbon footprint compared with other conventional boilers used across Europe.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Stringent environmental regulations for emissions from thermal power plants
- Rising prices of fossil fuels
- Development of high-efficiency three-pass boilers
- Growing popularity of combined cycle power plants
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-Pass Boiler Market Research Report
By Type
Gas Boiler, Oil Boiler
By Application
Industrial Application, Commercial Application
By Companies
Bosch Thermotechnik GmbH, Thermodyne, Fann Azmayan Pooyandeh, Johnston Boiler Company, Rossindia, FANGKUAI Boiler, Hurst Boiler & Welding Co Inc, BBS GmbH, Zhengzhou Boiler Co 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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Three-Pass Boiler Market Report Segments:
The global Three-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
- Thermodyne
- Fann Azmayan Pooyandeh
- Johnston Boiler Company
- Rossindia
- FANGKUAI Boiler
- Hurst Boiler & Welding Co Inc
- BBS GmbH
- Zhengzhou Boiler Co Ltd
Highlights of The Three-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 Three-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.
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- Correctly Positioning New Products
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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 three-pass boiler is a type of boiler that uses three separate passes to heat water. This system is more efficient than a two-pass system because it allows the water to heat up more quickly and evenly.
Some of the major players in the three-pass boiler market are Bosch Thermotechnik GmbH, Thermodyne, Fann Azmayan Pooyandeh, Johnston Boiler Company, Rossindia, FANGKUAI Boiler, Hurst Boiler & Welding Co Inc, BBS GmbH, Zhengzhou Boiler Co Ltd.
The three-pass boiler market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Three-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 Three-Pass Boiler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three-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 Three-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 Three-Pass Boiler Market Size & Forecast, 2020-2028
4.5.1 Three-Pass Boiler Market Size and Y-o-Y Growth
4.5.2 Three-Pass Boiler 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 Gas Boiler
5.2.2 Oil 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 Industrial Application
6.2.2 Commercial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three-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 Three-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 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 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 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 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 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 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 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 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 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 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 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 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) 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 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) 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 Three-Pass Boiler Market: Competitive Dashboard
14.2 Global Three-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 Thermodyne
14.3.3 Fann Azmayan Pooyandeh
14.3.4 Johnston Boiler Company
14.3.5 Rossindia
14.3.6 FANGKUAI Boiler
14.3.7 Hurst Boiler & Welding Co Inc
14.3.8 BBS GmbH
14.3.9 Zhengzhou Boiler Co Ltd
