Water Tube Industrial Boiler Market By Capacity (>250 MMBtu/hr, 175-250 MMBtu/hr, 100-175 MMBtu/hr, 75-100 MMBtu/hr, 50-75 MMBtu/hr, 25-50 MMBtu/hr, 10-25 MMBtu/hr & <10 MMBtu/hr), Technology (Condensing and Non-Condensing), Fuel (Coal, Oil, Natural Gas and Other Fuel) and Application (Chemical, Primary Metal, Food Processing, Refinery, Pulp & Paper and Other Manufacturing) - Global Industry Analysis And Forecast To 2025
The water tube boilers are the boilers which circulates water in tubes which are externally heated using fire. The fuel used for heating the water is burned in a furnace; some huge utility boilers depend on the tubes filled with water for making up the walls. Some versions of these boilers have more efficient burners & boilers, advanced systems for controlling and economizers for heat recovery. The water tube boilers have ability to deal with high operating pressures, also provide a greater steam output than the fire-tube boilers. Fluctuation in steam handling capacity of these boilers is more. Therefore, the Water Tube Industrial Boiler Market is anticipated to expand and has tremendous scope during the forecast period. The global Water Tube Industrial Boiler Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Water Tube Industrial Boiler Market is segmented on the basis of Capacity, the market is further divided into(>250 MMBtu/hr, 175-250 MMBtu/hr, 100-175 MMBtu/hr, 75-100 MMBtu/hr, 50-75 MMBtu/hr, 25-50 MMBtu/hr, 10-25 MMBtu/hr & <10 MMBtu/hr. The >250 MMBtu/hr section is seen to grow significantly due to rise in the investment in the industrial sector in various economies & replacement of inefficient units in various industries.
On the basis of Technology the market is segmented into Condensing and Non-Condensing. The condensing section is seen to witness growth due to factors like; lower environmental pollution, improved efficiency, cost reduction in heating, etc.
On the basis of Fuel the market is segmented into Coal, Oil, Natural Gas and Other Fuel. The oil section is seen to grow in the foreseen time period owing to competitiveness in the prices of fuel & low cost of installations.
On the basis of Application the market is segmented into Chemical, Primary Metal, Food Processing, Refinery, Pulp & Paper and Other Manufacturing. The food processing section is accounted the highest reveneue and anticipated to grow due to shifting dietary habits, change in lifestyle, etc.
The European region is seen to grow significantly during the foreseen time period owing to; various systems of favorable policies, increasing investment in the industrial & commercial sector in the region, strict rules & regulation for reduction the emission of carbon, larger scale retrofitting & replacement of the present heating systems, etc.
Water Tube Industrial Boiler Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Mitsubishi Hitachi Power Systems
AMEC Foster Wheeler
Bharat Heavy Electricals Limited
Babcock and Wilcox
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?