Industrial Boilers Segmentation and Regional Outlook
Industrial Boilers Market: Segmentation
The global industrial boiler market can be segmented based on product type, capacity of boiler, technology, fuel type and end user.
By Product Type, the global industrial boiler market can be segmented as:
Water Tube industrial boiler
Others
By Capacity of the boiler, the global industrial boiler market can be segmented as:
Below 10 MMBtu/hr
10-50 MMBtu/hr
50-100 MMBTu/hr
100-250 MMBTu/hr
Above 250 MMBTu/hr
By Technology, the global industrial boiler market can be segmented as:
Non-Condensing
By Fuel type, the global industrial boiler market can be segmented as:
Natural Gas,Oil,Coal and Others
By End User, the global industrial boiler market can be segmented as:
Paper Industry
Food Industry
Chemical Industry
Primary Metals Industry
Refinery Industry
Others
Industrial Boilers Market: Regional Outlook
It is projected that North America is dominating the global industrial boiler market owing to high up gradation in heating units of boiler, particularly in the U.S. Furthermore, competitive pricing of natural gas when compared to other fossil fuels will further embellish the business growth. Europe is also gaining significant traction in the global industrial boiler market owing to robust growth in the chemical and food sector. On the other hand, Japan is also gaining significant attraction in this market owing to the increasing demand of processed health food. The Middle East and Africa is also gaining traction owing to recovering oil price and Saudi Arabian government vision of 2030 plan is increasing the global industrial boiler market. Latin America is also expected to generate significant revenue in the global industrial boiler market throughout the forecast period.