Global Fire Tube Boilers Market, By Capacity, By Fuel (Natural Gas, Coal, Oil, Bio-Mass), By End Use

Published Date: | Report Code : EQ1925067

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The Fire Tube Boilers Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as residential, commercial, chemical, food & beverages, oil & gas, metals & mining, pulp & paper, and others during the forecast period. 

Fire tube boilers pass hot gases from a fire from one or (many) more tubes that are inside a sealed container of water. The water is heated when the heat of the gases is transferred through the walls of the tubes by thermal conduction, thus creating steam.

Segment Analysis:

There is emerging demand for industrial boilers from the food and chemical industries, and for compact design and lean operations. Moreover, the use of natural gas will offer high performance that will impact the fire tube boilers market positively.

However, high investment and needs of skilled workers are expected to pose as a challenge to the market during the forecast period.

Key Factors Impacting Market Growth: 

  • Increasing mega power projects in developing countries creating a demand
  • Investment required for manufacturing energy-saving products
  • Initiatives for the development of environment-friendly industries

Regional Analysis:

Major regions for fire tube boilers market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for fire tube boilers owing to strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be residential, commercial, chemical, food & beverages, oil & gas, metals & mining, pulp & paper, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for fire tube boilers market in the North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others. The Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including residential, commercial, chemical, food & beverages, oil & gas, metals & mining, pulp & paper, and others. Among these industries, chemical, food & beverages are estimated to register a high demand for fire tube boilers market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of fire tube boilers market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for fire tube boilers market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: Thermax Limited, Cleaver-Brooks Inc., Calderas Power master, Forbes Marshall Private Limited, Hurst Boiler & Welding Co. Inc., Johnston Boiler Company, IHI Corporation, and Mitsubishi Hitachi Power Systems Ltd….

Market Segmentation:

By Capacity:

  • <10 MM Btu/hr
  • 10-50 MM Btu/hr
  • 50-100 MM Btu/hr
  • 100-250 MM Btu/hr
  • >250 MM Btu/hr

By Fuel:

  • Natural Gas
  • Coal
  • Oil
  • Bio-mass

By End User:

  • Residential
  • Commercial
  • Chemical
  • Food & Beverages
  • Oil & Gas
  • Metals & Mining
  • Pulp & Paper
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Capacity
    • By Fuel
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Capacity
    • By Fuel
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Capacity
    • By Fuel
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Capacity
    • By Fuel
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Capacity
    • By Fuel
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Capacity
    • By Fuel
    • By End User

Reasons To Buy This Report:

  • Market size estimation of the fire tube boilers market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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