Market Overview:
The global packaged boiler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for packaged boilers from various end-use industries, such as chemical industry, food and beverage industry, oil and gas industry, paper and pulp industry, textile industry, among others. In addition, the growing awareness about energy efficiency is also propelling the demand for packaged boilers across the globe. Based on type of boiler, shell boiler accounted for a major share of the global packaged boiler market in 2017. This can be attributed to its low installation cost as compared to other types of boilers available in the market. Drum boiler is another type of package boiler that has been gaining popularity in recent years due to its high thermal efficiency and easy installation process. Based on application area, chemical industry held a dominant position in 2017 and is projected to maintain its lead during the forecast period owing to rising demand for processed chemicals from various end-use industries worldwide.
Product Definition:
Packaged boiler is a self-contained boiler unit that is pre-assembled and tested at the factory. It includes all the necessary components, such as burner, controls, and chimney or flue system. The packaged boiler can be installed in a variety of locations, including an existing building or outdoors.
Shell Boiler:
The shell boiler is a closed vessel made up of steel or other metal, which is used to generate steam for driving turbines. The steam generated by the shell boiler can be used directly for drive turbines or may be passed through several heat exchangers before being utilized for power generation.
The primary function of the shell boiler is to provide super-heat (highest possible temperature) and re-circulation (throughout its cycle it maintains its pressure.
Drum Boiler:
The drum boiler is a type of water-cooled reactor used in thermal power plants for the generation of electricity. It is also known as the packaged boiler, since it comes in a variety of sizes and can be transported to sites without much difficulty. The primary reason for its application is that it requires less space than conventional open-cycle boilers, thereby saving on utility costs and site expenses.
Application Insights:
The application segment is segregated into five parts including chemical industry, food and beverage industry, oil and gas industry, paper and pulp industry as well as textile industries. In 2017, the chemical sector dominated the global packaged boiler market with a share of over 30% in terms of revenue. The growth can be attributed to increasing demand for chemicals across various end-use industries such as pharmaceuticals, paints and coatings along with growing energy requirements for manufacturing these chemicals.
In terms of revenue, the oil and gas sector is anticipated to witness a CAGR exceeding 5% from 2018 to 2030 owing to rapid industrialization in developing countries coupled with high crude prices resulting in an increased exploration expenditure globally. Furthermorepaper mills require large amounts of steam at high temperatures which results in higher utilization ratesof boilers globally thus propelling growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to rapid industrialization and urbanization in developing economies, such as China, India, Indonesia and Vietnam. In addition, rising disposable income levels coupled with increased spending on home comfort are anticipated to fuel demand for packaged boilers in this region.
The Middle East & Africa is also likely to witness significant growth over the coming years owing to increasing oil production activities in countries like Saudi Arabia and Qatar.
Growth Factors:
- Increasing demand for packaged boilers from the process industries for efficient and reliable steam generation
- Rapid industrialization in developing countries, which is expected to drive the demand for packaged boilers over the forecast period
- Growing investments in infrastructure development, especially in Asia Pacific, which is likely to create opportunities for packaged boiler manufacturers
- Rising awareness about energy efficiency and its benefits is anticipated to boost the adoption of packaged boilers globally
- Technological advancements that have led to enhanced performance of packaged boilers are expected to favor market growth over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaged Boiler Market Research Report
By Type
Shell Boiler, Drum Boiler
By Application
Chemical Industry, Food And Beverage Industry, Oil And Gas Industry, Paper And Pulp Industry, Textile Industry
By Companies
Alfa Laval, Doosan, Forbes Marshall, Mitsubishi Hitachi, Thermax, Babcock & Wilcox, Amec Foster Wheeler, York-Shipley Global
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Packaged Boiler Market Report Segments:
The global Packaged Boiler market is segmented on the basis of:
Types
Shell Boiler, Drum 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
Chemical Industry, Food And Beverage Industry, Oil And Gas Industry, Paper And Pulp Industry, Textile Industry
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:
- Alfa Laval
- Doosan
- Forbes Marshall
- Mitsubishi Hitachi
- Thermax
- Babcock & Wilcox
- Amec Foster Wheeler
- York-Shipley Global
Highlights of The Packaged 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:
- Shell Boiler
- Drum Boiler
- By Application:
- Chemical Industry
- Food And Beverage Industry
- Oil And Gas Industry
- Paper And Pulp Industry
- Textile Industry
- 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 Packaged 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?
Packaged boilers are boilers that come in a pre-assembled or factory-assembled form.
Some of the major companies in the packaged boiler market are Alfa Laval, Doosan, Forbes Marshall, Mitsubishi Hitachi, Thermax, Babcock & Wilcox, Amec Foster Wheeler, York-Shipley Global.
The packaged boiler market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Packaged 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. Packaged Boiler Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Packaged Boiler Market - Supply Chain
4.5. Global Packaged Boiler Market Forecast
4.5.1. Packaged Boiler Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Packaged Boiler Market Size (000 Units) and Y-o-Y Growth
4.5.3. Packaged Boiler Market Absolute $ Opportunity
5. Global Packaged 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. Packaged Boiler Market Size and Volume Forecast by Type
5.3.1. Shell Boiler
5.3.2. Drum Boiler
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Packaged 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. Packaged Boiler Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food And Beverage Industry
6.3.3. Oil And Gas Industry
6.3.4. Paper And Pulp Industry
6.3.5. Textile Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Packaged 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. Packaged 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 Packaged 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. Packaged 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 Packaged Boiler Demand Share Forecast, 2019-2029
9. North America Packaged 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 Packaged 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 Packaged Boiler Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food And Beverage Industry
9.4.3. Oil And Gas Industry
9.4.4. Paper And Pulp Industry
9.4.5. Textile Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Packaged Boiler Market Size and Volume Forecast by Type
9.7.1. Shell Boiler
9.7.2. Drum Boiler
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 Packaged Boiler Demand Share Forecast, 2019-2029
10. Latin America Packaged 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 Packaged 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 Packaged Boiler Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food And Beverage Industry
10.4.3. Oil And Gas Industry
10.4.4. Paper And Pulp Industry
10.4.5. Textile Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Packaged Boiler Market Size and Volume Forecast by Type
10.7.1. Shell Boiler
10.7.2. Drum Boiler
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 Packaged Boiler Demand Share Forecast, 2019-2029
11. Europe Packaged 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 Packaged 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 Packaged Boiler Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food And Beverage Industry
11.4.3. Oil And Gas Industry
11.4.4. Paper And Pulp Industry
11.4.5. Textile Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Packaged Boiler Market Size and Volume Forecast by Type
11.7.1. Shell Boiler
11.7.2. Drum Boiler
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 Packaged Boiler Demand Share, 2019-2029
12. Asia Pacific Packaged 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 Packaged 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 Packaged Boiler Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food And Beverage Industry
12.4.3. Oil And Gas Industry
12.4.4. Paper And Pulp Industry
12.4.5. Textile Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Packaged Boiler Market Size and Volume Forecast by Type
12.7.1. Shell Boiler
12.7.2. Drum Boiler
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 Packaged Boiler Demand Share, 2019-2029
13. Middle East & Africa Packaged 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 Packaged 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 Packaged Boiler Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food And Beverage Industry
13.4.3. Oil And Gas Industry
13.4.4. Paper And Pulp Industry
13.4.5. Textile Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Packaged Boiler Market Size and Volume Forecast by Type
13.7.1. Shell Boiler
13.7.2. Drum Boiler
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 Packaged Boiler Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Packaged Boiler Market: Market Share Analysis
14.2. Packaged Boiler Distributors and Customers
14.3. Packaged Boiler Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alfa Laval
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Doosan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Forbes Marshall
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Hitachi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermax
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Babcock & Wilcox
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amec Foster Wheeler
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. York-Shipley Global
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
