PersistenceMarketResearch states that the global industrial burners market is bound to grow at the rate of more than 4% between 2020 and 2030.
Industrial burners come into picture where producing a flame or generating heat is involved. They are being made available on the basis of kind of fuel used and also based on technology. By type, they comprise flat flame burners, line burners, radiant burners, thermal radiation, regenerative burners, and customized burners. Out of these, customized and regenerative burners do account for more than 60% of the overall market share.
Coming to application, the industrial burners say metal, chemicals & specialty chemicals, power generation, petrochemicals, mineral & mining, glass & ceramics, pharmaceuticals, food & beverages, and others. By kind of fuel used (as stated above), it says dual fuel, gas-based, oil-based, and others.
The current trend is that of the key players going for more efficient burners containing proper monitoring system. In the US, along with the EPA, “Area Source Rule” and “Major Source (Boiler MACT) Rule” have been put into practice since the year 2011. These regulations are also likely to guide the players in the direction of industrial burners.
Smart burner systems are also coming up. They are embedded with the sensors for monitoring burner operating capabilities, so that operating disputes could be notified with immediate effect.
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Out of the APAC, LATAM, MEA, Europe, and North America, the APAC holds the largest market share. This could be attributed to the majority of key players having their presence in Japan and Korea. North America and Europe hold the second and third position respectively.
The key market participants include Bloom Engineering, Baltur S.p.A., ANDRITZ, Alzeta Corporation, Forbes Marshall, Honeywell International, Oilon, Limpsfield, MITSUBISHI HITACHI POWER SYSTEMS LTD., QED Combustion, WESMAN, IBS Industrie-Brenner-Systeme GmbH, ESA Pyronics International, Faber Burner Company, Weishaupt Group, AGF Burner, Inc., and BABCOCK WANSON.