Industrial burner refers to a mechanical device that combines fuel and air and creates a platform for combustion using an ignition source. Boiler and furnace heating system is dependent on industrial burners to control the temperature of the whole manufacturing facility as well as other heating activities that occur during production..
The main fuel type of industrial burner are oil, gas, solid fuel, dual fuel. Oil refers to any of a number of viscous liquids used in cosmetics, paintings, pharmaceuticals, and other goods that do not dissolve in water. It is used as a fuel in industrial burner where heat exchanger warms cold water. The multiple burner types includes by burner type radiant burner, direct-fired burner, regenerative burner, high thermal release burner, self-recuperative burner and others, that operats in high temperature (> 1, 400°f), low temperature (< 1, 400°f). These are applied in boilers, furnaces/forges, air heating/drying; incineration, and other applications.
The industrial burner market research report is one of a series of new reports from The Business Research Company that provides industrial burner market statistics, including industrial burner industry global market size, regional shares, competitors with a industrial burner market share, detailed industrial burner market segments, market trends and opportunities, and any further data you may need to thrive in the industrial burner industry. This industrial burner market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The global industrial burner market size is expected to grow from $5.59 billion in 2022 to $5.98 billion in 2023 at a compound annual growth rate (CAGR) of 7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial burner market size is expected to reach $7.6 billion in 2027 at a CAGR of 6.2%.
Increasing power generation is expected to drive the Industrial burner market going forward. The market for industrial burners is expanding primarily as a result of increased power generation and electricity for large-scale power plant installations of industrial burners in boilers. For instance, according to the report by world energy & climate statistics, an application that delivers data by region with updated statistics and related information, in 2022, in The BRICS countries, where electricity consumption increased noticeably, especially in China (+9.7%), India (+4.8%), Russia (+6.4%), and Brazil (+9.5%) were the driving force behind the growth in global power generation (+8.5% in 2021, 10% above their 2019 level). In China, the majority of the increase in power generation came from coal, wind, and solar energy. Therefore, increasing power generation will stimulate the growth of the industrial burner market in the forecasting period.
Technological advancement is a key trend gaining popularity in the industrial burner market. Major companies in the industrial burner market are advancing in their new technologies and research and developments industrial burner market. For instance, in October 2021, E&M Combustion, a Spanish -based provider of new combustion technologies and manufacturer of the industrial burner, introduced – a prototype hydrogen burner, designed for use in district heating systems, for heating large regions and buildings, and can run solely on hydrogen or a combination of hydrogen and natural gas. E&M Combustion is testing this final option, which uses a gas and hydrogen mixture, and it is quite practical. It is made up of a hydrogen mixture with 15% to 20% natural gas, which gives the enriched mixture a higher calorific value and allows for more reliable and effective combustion. Due to hydrogen's unique properties of being invisible to human sight, using hydrogen alone as fuel presents a significant difficulty in improving flame detection.
In July 2021, Andritz, an Austria -based company operatinh in industrial burner market, acquired Enviroburners Oy for an undisclosed amount. The acquisition includes all of Enviroburners' intellectual property rights, technical expertise, tools, systems, and inventory, which strengthens ANDRITZ's self-sustainability and reliability in the burners market and opens up new growth opportunities, particularly in environmental protection applications. Enviroburners Oy is a Finland -based provider of maintenance and repair of flue gas equipment for industrial production processes and power generation.
Major players in the industrial burner market are Weishaupt Group, Honeywell International Inc., Andritz AG, Baltur S.p.A, OILON GROUP OY, Selas Heat Technology Company and Webster Combustion, Alzeta Corporation, Oxilon Pvt. Ltd., Limpsfield Combustion Engineering, John Zink Company LLC, Forbes Marshall Private Limited, Faber Burner Company, Miura America Co.LTD., Wesman Group, Webster Combustion Technology LLC, and AGF Burner Inc.
Asia-Pacific was the largest region in the industrial burner market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial burner report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the industrial burner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The industrial burner market consists of revenues earned by entities by providing services such as burner optimization, burner repairs and rebuilds. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial burner market also includes sales of base, barrel (chimney), air regulator (collar), air holes, gas valve, gas nozzle, and gas intake tube which are used in providing industrial burner services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods..
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The global industrial burner market is segmented -
1) By Fuel Type: Oil, Gas, Solid fuel, Dual fuel
2) By Burner Type: Radiant Burner, Direct-fired Burner, Regenerative Burner, High Thermal Release Burner, Self-recuperative Burner and Others
3) By Operating Temperature: High Temperature (> 1, 400°F), Low Temperature (< 1, 400°F)
4) By Application: Boilers, Furnaces/Forges, Air Heating/Drying, Incineration, Other Applications