Industrial burners are combustion devices used in industrial processes such as space heating, drying processes in the food & beverage industry, and heating furnaces. Industrial burners offer various advantages including high combustion efficiency, ease of operation and control, ability to handle a wide range of fuel types. With growing emphasis on sustainable industrial operations, there is increasing demand for energy-efficient industrial burners.
The global Industrial Burner Market is estimated to be valued at US$ 5.2 billion in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing trend of replacing old burners with new energy-efficient burners is driving the industrial burner market. Strict environmental regulations regarding carbon emissions have forced industrial plants to replace old conventional burners with advanced low NOx burners. Low NOx burners help reduce nitrogen oxide emissions by up to 90% and improve fuel efficiency. They are designed to mix fuel and combustion air more uniformly during combustion in order to lower flame temperature and reduce thermal NOx formation. With growing emphasis on sustainability and reduction of carbon footprint, replacement of old burners with new low NOx models has accelerated over the recent years. This emerging trend is expected to continue driving demand over the forecast period.
Segment Analysis
The industrial burner market can be segmented into natural gas and liquid fuel burners. Natural gas burners dominate the market as natural gas is widely used as fuel for industrial combustion processes owing to its clean burning and economic nature. It accounted for nearly 60% of the total industrial burner market share in 2024. Natural gas burners are highly efficient and eco-friendly, resulting in reduced emissions.
Key Takeaways
The Global Industrial Burner Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Rising industrialization and manufacturing activities are driving the demand for industrial burners across regions.
Regional analysis: Asia Pacific is currently the fastest growing and largest region in the industrial burner market. Countries like China and India have witnessed rapid industrialization which has propelled the demand for industrial burners in various end-use industries. Infrastructure development projects and expansion of manufacturing facilities are further expected to boost the regional market during the forecast period.
Key players operating in the industrial burner market are Babcock & Wilcox Enterprises, Inc., ANDRITZ, Baltur S.p.A., Bloom Engineering, Forbes Marshall., Lunar SA, Selas Heat Technology Company, Andritz, Faber Burner Company, and Dürr AG. Leading players are focusing on new product launches and targeting emerging economies to strengthen their market position. For instance, Bloom Engineering launched spark ignited natural gas burner called BE Series for industrial heating applications in 2023.
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