Industrial Boilers: Technologies and Developing Markets

Report Highlights

The global market for industrial boilers increased from nearly $8.9 billion in 2011 to nearly $9.4 billion in 2013. This market is expected to reach about $12.5 billion by 2018, equivalent to a compound annual growth rate (CAGR) of 5.9% over the five-year period from 2013 to 2018.

Report Includes

• An overview of the global market for industrial boilers.
• Analyses of global market trends, with data from 2013 and earlier, and estimates of data with projections of CAGRs through 2018.
• Examination of the moderate level of fragmentation among smaller and specialty boiler makers.
• Analysis of manufacturing industries these boilers widely support including food and food products, chemicals, paper and paper products, petroleum refining and petroleum products, metals, and various other industries.
• Comprehensive profiles of leading companies in the industry.

Report Scope

The scope of this investigation includes major industrial boiler categories that are being installed across all scales and facets of industrial production in the global market. Industrial boilers provide heat or steam to a wide array of manufacturing processes, raw materials production, chemicals production, refining, and an array of other processes around the globe. Specific technology categories in this report comprise all industrial boiler sales within the regions considered in this report. Technology categories for which detailed market breakdowns are provided are shown in the following table. The report focuses on industrial boilers, and excludes those used for utility scale power generation, commercial and residential purposes.

TABLE A

INDUSTRIAL BOILER CATEGORIES CONSIDERED IN THIS REPORT

Source: BCC Research

The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry, and corporate data on industrial boiler sales, production, imports, and exports; manufacturing and industrial productivity data used to help gage historic and anticipated future market growth; data generated by recent and ongoing research and development efforts aimed at identifying new and developing niches for certain classes of industrial boilers, and potential for associated growth; and available corporate project announcements for major industrial boiler installations.

Emerging industrial boiler technologies that may become commercially viable within the next five years are summarized, but are not included in the market assessment of this report. BCC Research analyzes each major viable industrial boiler technology as shown above, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the next five years. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in support of this industry. Sales of both new and replacement/retrofit boilers are considered.

BCC Research analyzes the industrial boilers industry on a worldwide basis in terms of its manufacturing and the deployment of its technologies or products. BCC Research also examines government roles in regulating boiler emissions worldwide, and identifies key laws and regulations that are expected to drive development of replacement and retrofit markets through 2018. BCC Research also discusses recent trends and projections in terms of unit sales (as well as market sales values).

WORLDWIDE MARKETS

The following table provides a review of the major worldwide markets that were assessed in support of this study. Market breakouts are provided within the report for each of the regions and countries shown below.

TABLE B

LIST OF GLOBAL MARKETS CONSIDERED IN THIS STUDY

Source: BCC Research

Analyst Credentials

Robert Eckard, PhD, has 15 years of experience working in the cleantech, clean transportation, clean/smart cities, advanced fuels, water and energy sectors. Having completed his dissertation at the University of California at Davis, Robert also runs a specialty industry research and technical consulting company, with an emphasis on energy, water and climate-oriented sectors, including those segments relevant to this study. Robert specializes in commercialization, data-based economic analysis, market development and penetration, environmental analysis and technical energy, environmental and market studies for Fortune 500, Global 1000 and promising startups, as well as state and local governments, other consultants and industry organizations throughout the U.S., Canada, Europe, the Middle East, Southeast Asia and Australia. He worked as a subcontractor under the U.S. Department of Energy providing evaluations of a wide array of industrial technologies, systems and related supply markets. He helped to successfully develop new markets in the U.S. and abroad, identify target niches and support highly successful business strategy development. Previously, he produced reports for BCC Research on global markets pertaining to energy, industry, energy efficiency, water and industrial, durable goods and related categories and technologies. Robert works directly in the industries that he analyzes and has successfully secured over $225 million in fund development for specific projects and technologies in the last six years.