Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Fuel Type (Natural Gas & Biomass, Coal, Oil, Others), By Boiler Type (Fire-tube, Water-tube), By Boiler Horsepower (10-150 BHP, 151-300 BHP, 301-600 BHP), By End-use Industry (Chemical, Food, Refineries, Metals & Mining, Others) And Competitive Landscape
Product Code: ETC057429 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Industrial Boilers Market is anticipated to register sound revenues in the coming timeframe backed by a rising wide scope of product application in multiple sectors like metal & mining, food & beverage, and oil refinery. Additionally, on the basis of the country, India is estimated to generate high sales revenues in the market underpinned by the growing chemical production in the country due to the rising demand from end-users like food processing, personal care, and home care products industry coupled with the rising export practices of the chemicals, which is further resulting in the massive growth of industrial boilers market in the entire region.
Asia Pacific Industrial Boilers Market is estimated to grow significantly over the coming years. The growing demand for high-capacity pressure boilers and replacement of existing boilers with advanced and efficient heating solutions are major growth drivers in the Asia Pacific Industrial Boilers Market. Furthermore, the growing population and rapid urbanization are also factors contributing to the growth of the market. Also, the accelerated industrialization and the focus on the food processing Industry are major growth factors for the market. The increasing government initiatives in this region for clean energy use are also a growth driver for the market. However, the high initial investment and installation are the major restraints for this market. Further, the outbreak of the COVID-19 pandemic has created a negative impact on the growth of the Asia Pacific Industrial Boiler market. The COVID -19 had the most significant impact on this region. For instance, China is one of the biggest contributors in the Industrial Boilers Market but due to the lockdowns, curfews, and the alarming health crises, the production was highly affected. The manufacturing was severely affected as the production units were closed. The market is expected to recover over the next few years.
According to 6Wresearch, Asia Pacific Industrial Boilers Market is anticipated to grow throughout the forecast period 2021-2027. The Asia Pacific is the fastest-growing region in the Industrial Boilers Market. The countries covered in this region are China, India, South Korea, Japan, Australia, and other countries. The implementation of energy-efficient industrial processes, a diverse range of manufacturing facilities, and the large-scale investment towards economic development in this region are the key reasons for the growth of Asia- Pacific Industrial Boilers Market. India and China are the largest contributors in Asia Pacific Industrial Boilers Market. The reason being the demand for electricity and more inclination towards the Food processing and paper pulp Industry. These two countries cater to the increasing demand which results in the growth of the Industrial Boilers Market in this region. The governments are also implementing various policies which are benefitting the market. For instance, the Indian government is introducing different schemes to help the Food Processing Industry which will further help in the growth of the Industrial Boilers market. The main focus of companies in this region is to increase efficiency and productivity by using advanced Industrial Boilers.Â
The key market players in the Asia Pacific region are AC Boilers SpA (Sofinter SpA), Babcock & Wilcox Enterprises, Inc., Bharat Heavy Electricals Limited, Siemens AG, Dongfang Electric Corporation Limited, General Electric, Harbin Electric Company Limited, IHI Corporation, and many more companies.
In terms of boiler type, the market is segmented into water tube and fire tube. The water tube segment is holding the market due to its greater efficiency than the fire tube segment. The water tube boilers can resist high operation pressure, simple construction, and many more. By fuel type, the market is segmented into Oil, Coal, Gas, and other fuels. The gas segment is dominating the market due to its favorable regulatory aspects with regards to CO2 and increased utilization of the gas boilers amongst the users. By End-Users, the market is segmented into oil & gas, power, chemical, food & beverage, textile, pulp and paper, and others. The food segment is leading the Asia Pacific Industrial Boiler market growth. By Horsepower, the market is bifurcated into 10-150 BHP, 151-300 BHP, 301-600 BHP. 10-150 BHP segment is leading the Asia Pacific Industrial Boiler market share as it generates the steam or heat at an efficient rate which is used by different industries like food and beverages, healthcare, paper, chemical, and others.
Asia Pacific Industrial Boilers Market report thoroughly covers the market by fuel type, boiler type, boiler horsepower, end-use industries, and key countries such as China, India, South Korea, Japan, Australia, and other countries. Asia Pacific Industrial Boilers Market outlook report provides an unbiased and detailed analysis of the ongoing Industrial Boilers market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Industrial Boilers Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Industrial Boilers Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Industrial Boilers Market - Industry Life Cycle |
3.4 Asia Pacific Industrial Boilers Market - Porter's Five Forces |
3.5 Asia Pacific Industrial Boilers Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Industrial Boilers Market Revenues & Volume Share, By Fuel Type, 2020 & 2027F |
3.7 Asia Pacific Industrial Boilers Market Revenues & Volume Share, By Boiler Type, 2020 & 2027F |
3.8 Asia Pacific Industrial Boilers Market Revenues & Volume Share, By Boiler Horsepower, 2020 & 2027F |
3.9 Asia Pacific Industrial Boilers Market Revenues & Volume Share, By End-use Industry, 2020 & 2027F |
4 Asia Pacific Industrial Boilers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Industrial Boilers Market Trends |
6 Asia Pacific Industrial Boilers Market, 2017 - 2027 |
6.1 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
6.2 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
6.3 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
6.4 Asia Pacific Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
7 China Industrial Boilers Market, 2017 - 2027 |
7.1 China Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
7.2 China Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
7.3 China Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
7.4 China Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
8 India Industrial Boilers Market, 2017 - 2027 |
8.1 India Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
8.2 India Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
8.3 India Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
8.4 India Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
9 Japan Industrial Boilers Market, 2017 - 2027 |
9.1 Japan Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
9.2 Japan Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
9.3 Japan Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
9.4 Japan Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
10 Australia Industrial Boilers Market, 2017 - 2027 |
10.1 Australia Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
10.2 Australia Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
10.3 Australia Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
10.4 Australia Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
11 Indonesia Industrial Boilers Market, 2017 - 2027 |
11.1 Indonesia Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
11.2 Indonesia Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
11.3 Indonesia Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
11.4 Indonesia Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
12 Philippines Industrial Boilers Market, 2017 - 2027 |
12.1 Philippines Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
12.2 Philippines Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
12.3 Philippines Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
12.4 Philippines Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
13 Thailand Industrial Boilers Market, 2017 - 2027 |
13.1 Thailand Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
13.2 Thailand Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
13.3 Thailand Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
13.4 Thailand Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
14 Malaysia Industrial Boilers Market, 2017 - 2027 |
14.1 Malaysia Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
14.2 Malaysia Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
14.3 Malaysia Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
14.4 Malaysia Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
15 Singapore Industrial Boilers Market, 2017 - 2027 |
16 Rest of Asia Industrial Boilers Market, 2017 - 2027 |
16.1 Rest of Asia Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
16.2 Rest of Asia Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
16.3 Rest of Asia Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
16.4 Rest of Asia Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
17 Asia Pacific Industrial Boilers Market Key Performance Indicators |
18 Asia Pacific Industrial Boilers Market - Opportunity Assessment |
18.1 Asia Pacific Industrial Boilers Market Opportunity Assessment, By Countries, 2020 & 2027F |
18.2 Asia Pacific Industrial Boilers Market Opportunity Assessment, By Fuel Type, 2020 & 2027F |
18.3 Asia Pacific Industrial Boilers Market Opportunity Assessment, By Boiler Type, 2020 & 2027F |
18.4 Asia Pacific Industrial Boilers Market Opportunity Assessment, By Boiler Horsepower, 2020 & 2027F |
18.5 Asia Pacific Industrial Boilers Market Opportunity Assessment, By End-use Industry, 2020 & 2027F |
19 Asia Pacific Industrial Boilers Market - Competitive Landscape |
19.1 Asia Pacific Industrial Boilers Market Revenue Share, By Companies, 2020 |
19.2 Asia Pacific Industrial Boilers Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |