Industrial Burner Market

Market Study on Industrial Burners: Usage of Oil Burners to Remain High Over Decade

Industrial Burner Market Segmented By Regenerative Burners, Thermal Radiation High Velocity Burners, Radiant Burners, Flat Flame Burners, Customized Line Burners Types in Mono-Block and Duo-Block Burner Design with Gas Burners, Oil Burners, Dual Fuel Burners Fuel Type

Report ID: PMRREP28051

Number of Pages: 290

Format: PPT*, PDF, EXCEL

Industry: Industrial Automation

Published Date: August-2022

Report Price

$4900*

Buy Now

Industrial Burner Market Outlook (2022 – 2032)

According to Persistence Market Research, global industrial burner market revenue totaled US$ 6.23 Bn at the end of 2021. The overall Industrial Burner industry is expected to reach US$ 10.37 Bn by 2032, growing at a CAGR of 4.8% from 2022 to 2032.

The growing industrial sector in the South Asian region, which is led by India and ASEAN in particular, is anticipated to drive high demand for industrial burners in the region. Increasing energy needs, automotive production, and mining activities, among others, are prominent factors positively impacting regional market growth.

Industrial burner sales account for 30%-40% share of the global burner market.

Report Attribute Details

Industrial Burner Market Size (2021A)

US$ 6.23 Bn

Estimated Market Value (2022E)

US$ 6.48 Bn

Projected Market Value (2032F)

US$ 10.37 Bn

Value CAGR (2022-2032)

4.8%

Collective Value Share: Top 3 Countries (2021)

35.6%

Sample Report

Report Sample is Available

In-depth report coverage is now just a few seconds away

Download PDF Get Report Sample

Sales Analysis of Industrial Burners (2017 to 2021) Vs. Market Projections (2022 to 2032)

From 2017 to 2021, the market for industrial burners expanded at 1.7% CAGR and is anticipated to increase by 4% in 2022. This significant increase in Y-o-Y growth in 2022 is because of the sudden increase in manufacturing and other industrial activities post COVID-19 in 2020.

For decades, controlling the fuel-to-air ratio has remained a critical task while employing burners in large-scale industrial applications. Now, almost every other industrial burner is equipped with an electronic module that enables fuel-to-air ratio control functions.

Advantages of modern electronic control systems that are replacing traditional relay control include the availability of diverse functions such as the modulation of burners according to the configured fuel-to-air ratio. Industrial burners are equipped with lambda (AFR) sensors that make the monitoring of this ratio in internal combustion operations highly accurate.

Overall, such stoichiometric sensors and control panels can adjust the burner’s circuitry when emission levels soar, and thereby maintain the set operating voltage for combustion and heat treatment operations. Such factors are also projected to positively impact industrial burner sales over the coming years.

Regenerative power generation will be the foundation of the future energy system, in which, industrial burners will play a key role; however, additional energy carriers will be needed to store and transmit the energy. Combustion faces some difficulties, but there is little question that these can be overcome.

Demand for industrial burners in the global market is anticipated to grow 1.6X from 2022 to 2032.

industrial-burner-market

Custom Report Cover

Make This Report Your Own

Take Advantage of Intelligence Tailored to your Business Objective

> Get a Customized Version

Why is the Market Outlook Bright for Industrial Burner Manufacturers?

“Manufacturers Investing in R&D to Build Advanced Equipment in Bid to Contain Pollutant Levels”

Leading players are significantly investing in improving burner capability to reduce pollutant level, and with a growing focus on reducing carbon footprint, a burner that can decrease or reduce greenhouse gases such as NOx will create significant opportunities for market players.

Growing emphasis on decreasing nitrogen oxide (NOx) emissions is pressuring industrial burner manufacturers to invest in cutting-edge technologies. In this direction, there have been breakthroughs and innovation, as new technology has been successful in reducing NOx levels while maintaining operational efficiency.

The new technology has successfully proven that it can function with NOx emissions of less than or equal to 6ppm when compensated for 3 percent O2. Once-Through Steam Generators (OTSGs) and Enhanced Oil Recovery (EOR) applications have shown success with the technology

Market Research Methodology

Market Research Methodology

-Perfect through Years of Diligence

Check Research Methodology

What are the Factors Restraining Industrial Burner Market Expansion?

“Manufacturers Distressed by Changing Capacity Regulation Modulations”

Industrial burners are available in a wide range of burning capacities, ranging from 40 kW to 30,000 kW and beyond, to meet a wide range of burning requirements.

Plant operators are responsible for making the best and most efficient use of industrial burners after they have been manufactured. These operators, on the other hand, rarely re-calibrate their heating needs and instead demand more from the installed burners.

Manufacturers are working on the development of industrial burners with multiple-stage capacity regulation capabilities in light of such activities. The need for industrial burners with variable capacity management modulations is projected to increase in the future, putting producers in a difficult position.

Country-wise Insights

Where Does the U.S. Stand in the Market for Industrial Burners?

The United States industrial burner market is anticipated to expand at 4.3% CAGR during the forecast period of 2022-2032.

Increasing regulatory environment in the U.S. has significantly improved burner design and efficiency, which has resulted in manufacturers focusing on providing low-emission, high-efficiency, and high power industrial burners in the country. In addition, metal & mining and power generation remain the prime end-use industries for demand generation.

What is the Outlook for Industrial Burner Manufacturers in China?

China is expected to hold more than 57% share of the East Asian market by 2032 and is estimated to create an absolute dollar opportunity worth US$ 640.1 Mn.

The country generates industry value added of more than US$ 6.9 trillion and also has the largest manufacturing and industrial sector, owing to which, China remains one of the top consumers of industrial burners in the world.

Further, China’s industrial burner market is moderately fragmented, owing to which, it is also the preferred location for manufacturing cost-effective and customizable industrial burners.

Why is India Set to Be a Lucrative Market for Industrial Burner Suppliers?

Over the forecast period, the India industrial burner market is projected to expand at a CAGR of 7.2% and gain 370 BPS during the same period.

The COVID-19 pandemic's effects on global industrial activity have not abated, and so, the Indian sector was not exempt from these interruptions. However, its performance in 2021–2022 improved. An improvement in consumer demand, record vaccination rates, ongoing government policy assistance for industries in the shape of the AtmaNirbhar Bharat Abhiyan, and more reinforcements in 2021–2022 have all contributed to a gradual opening up of the economy.

The impact was therefore observed in the industrial sector, which grew by 22.9 percent in the first half of 2021-2022 compared to the same time in 2020-2021, where growth stood at India.

The Indian industrial burner market also moved in similar lines, with a significant decline in sales in 2020 and a V-shaped recovery in 2021. In addition, with growing FDI & financial support from the Indian government, industrial sector growth forecasts seem very promising, which is estimated to benefit the industrial burner market in India over the decade.

Category-wise Insights

Which Industrial Burner Type is Most Widely Used?

High-velocity burners are estimated to dominate the global market through the forecast period on a volume basis and their demand is set to increase at a CAGR of 3.8%.

This type of burner is generally employed when a high rate of recirculation of the combustion products is necessary. To provide a high degree of heat penetration into the work in a furnace, they produce a high-velocity stream of hot gases at the furnace, which results in greater efficiency and lower fuel costs.

In addition, rapid and uniform heat distribution, high efficiency, and highly effective at drying out moisture from refractory materials are some of the key advantages, owing to which, high-velocity industrial burners are used extensively across the world.

Where are Industrial Burners Deployed the Most?

As per this analysis, the metal & metallurgy sector is estimated to hold more than 25% market share by 2032. The segment is expected to witness a collective drop of 200 BPS by 2032.

Industrial burners are widely used in steel, aluminum, and other metal plants for burning applications, owing to which, the metal and metallurgy industry accounts for a prominent share in the global market.

Competitive Landscape

Leading industrial burner manufacturers are focusing on providing high-performance, low-emission, and connected industrial burners. The growing trend of automation and Industry 4.0 has forced leading manufacturers to provide industrial burners with the above-mentioned technology and features.

However, the market has a significant number of small to medium players who are focusing on providing cost-effective industrial burners.

Industrial Burner Industry Report Scope

Attribute Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

  • Units for Volume
  • USD Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Germany
  • France
  • Italy
  • Spain
  • U.K.
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • Australia & New Zealand
  • GCC
  • Turkey
  • South Africa
  • Northern Africa

Key Market Segments Covered

  • Burner Type
  • Burner Design
  • Application
  • Fuel Type
  • End-use Industry
  • Region

Key Companies Profiled

  • Andritz AG
  • Baltur S.p.A
  • Honeywell International Inc.
  • John Zink Company, LLC
  • Limpsfield Combustion Engineering
  • OILON GROUP OY
  • Weishaupt Group
  • Selas Heat Technology Company and Webster Combustion

Report Coverage

  • Market Forecast
  • Brand Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Segments Covered in Industrial Burner Industry Analysis

Industrial Burner Market by Burner Type:

  • Regenerative Burners
  • High Velocity Burners
  • Thermal Radiation
  • Radiant Burners
  • Customized (Burner Boilers)
  • Flat Flame Burners
  • Line Burners
  • Others

Industrial Burner Market by Burner Design:

  • Mono Blocks
    • Single Stage
    • Two Stage
  • Duo-Block

Industrial Burner Market by Application:

  • Boilers
  • Furnaces/Forges
  • Air Heating/Drying
  • Incineration
  • Others

Industrial Burner Market by Fuel Type:

  • Gas Burners
  • Oil Burners
  • Duel Fuel Burners

Industrial Burner Market by End-use Industry

  • Metal & Metallurgy
  • Power Generation
  • Chemicals & Petrochemicals
  • Food Processing
  • Automotive
  • Pulp & Paper
  • Textile Industry
  • Other Industrial

Industrial Burner Market by Region:

  • North America Industrial Burner Market
  • Latin America Industrial Burner Market
  • Europe Industrial Burner Market
  • East Asia Industrial Burner Market
  • South Asia & Pacific Industrial Burner Market
  • Middle East & Africa Industrial Burner Market

For report customisation and delivery information contact our sales representative.

Companies Covered in This Report

  • Weishaupt Group
  • Honeywell International Inc.
  • Andritz AG
  • Baltur S.p.A
  • OILON GROUP OY
  • Selas Heat Technology Company and Webster Combustion
  • Limpsfield Combustion Engineering
  • John Zink Company, LLC
  • Forbes Marshall Private Limited
  • Faber Burner Company
  • Miura America Co., LTD.
  • Wesman Group
  • Alzeta Corporation
  • Webster Combustion Technology, LLC
  • Oxilon Pvt. Ltd
  • AGF Burner, Inc

Frequently Asked Questions

The global industrial burner market reached US$ 6.23 Bn at the end of 2021.

Demand for industrial burners is anticipated to increase at 4.8% CAGR from 2022 to 2032.

China, the United States, Germany, Japan, and India are lucrative markets, with East Asia anticipated to hold the largest market share of more than 25%.

Weishaupt Group, Honeywell International Inc., Andritz AG, Baltur S.p.A, and OILON GROUP OY accounted for 21% of worldwide revenue in 2021.

The China market for industrial burners is projected to expand at 5.9% CAGR through 2032.

The North American market for industrial burners is expected to expand at 4.5% CAGR through 2032.

Together, Japan and S. Korea account for over 10% share of the global market.

This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy
Google translate