Industrial Burner Market Share, Growth, Industry Outlook, and Forecast

Market Overview:

The global industrial burner market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.83% during 2024-2032. The rising environmental concerns, rapid industrialization and considerable growth in the manufacturing industry represent some of the key factors driving the market.

Industrial burners are an essential part of the manufacturing industry which are designed to treat materials at extremely high temperatures in enclosed systems. The aim of these devices is to generate steam or provide thermal energy for heating applications in various manufacturing processes by obtaining the right temperature and fire intensity. Fuel and air are mixed effectively in an industrial burner to create flames that are released properly by mixing liquid and gas fuel. Industrial burners are generally equipped with an electronic module that enables fuel-to-air ratio control functions as well as lambda (AFR) sensors that provide highly accurate monitoring of the configured fuel-to-air ratio. Industrial welding and large-scale manufacturing operations rely heavily on high-capacity burners for metal melting with the help of heat treatment.

Industrial Burner Market Trends:

The augmenting need for industrial burners in numerous process applications for various end-use industries is a significant factor driving the growth of the market. This can be attributed to rapid industrialization and considerable growth in the manufacturing industry. In line with this, the increasing utilization of industrial burners on heavy-duty boilers to overcome high combustion chamber resistances is providing an impetus to the market. Moreover, the growing adoption of these burners for low-emission heating by several small-scale equipment purchasers and machinery manufacturers is resulting in a higher product uptake. Continual technological advancements resulting in an increase in the demand for smart heating devices that can regulate capacity at multiple stages are also impacting the market positively. Apart from this, favorable initiatives and rising investments by the government bodies of several countries in the industrial sector are creating a positive market outlook. The market is further propelled by the growing usage of renewable energy sources to minimize adverse climate change. With a growing focus on sustainable development, the leading players are investing heavily in upgrading industrial burner features to reduce the concentration of greenhouse gases, such as NOx, which is anticipated to bolster the market growth. Some of the other factors contributing to the market include growing environmental concerns, a considerable rise in metal mining activities, inflating disposable income levels, the expanding automotive sector, and extensive research and development (R&D) activities conducted by the major market players.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global industrial burner market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on burner type, fuel type, automation, operating temperature, application and end use industry.

Burner Type Insights

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

The report has provided a detailed breakup and analysis of the industrial burner market based on the burner type. This includes regenerative burner, high velocity burner, thermal radiation, radiant burner, customized (burner boiler), flat flame burner, line burner, and others. According to the report, radiant burner represented the largest segment.

Fuel Type Insights

• Oil-based
• Gas-based
• Dual Fuel
   

The report has provided a detailed breakup and analysis of the industrial burner market based on the fuel type. This includes oil-based, gas-based, and dual fuel. According to the report, oil-based represented the largest segment.

Automation Insights

• Monoblock
• Duoblock
   

The report has provided a detailed breakup and analysis of the industrial burner market based on the automation. This includes monoblock and duoblock. According to the report, monoblock represented the largest segment.

Operating Temperature Insights

• High Temperature (>1,400°F)
• Low Temperature (<1,400°F)
   

The report has provided a detailed breakup and analysis of the industrial burner market based on the operating temperature. This includes high temperature (>1,400°F) and low temperature (<1,400°F). According to the report, high temperature (>1,400°F) represented the largest segment.

Application Insights

• Boilers
• Furnace/Ovens/Kiln
• Air Heating/Drying
• Others
   

The report has provided a detailed breakup and analysis of the industrial burner market based on the application. This includes boilers, furnace/ovens/kiln, air heating/drying and others. According to the report, boilers represented the largest segment.

End Use Industry Insights

• Food and Beverages
• Power Generation
• Chemicals
• Petrochemicals
• Metals and Mining
• Automotive
• Others
   

A detailed breakup and analysis of the industrial burner market based on the end use industry has also been provided in the report. This includes food and beverages, power generation, chemicals, petrochemicals, metals and mining, automotive, and others. According to the report, chemicals accounted for the largest market share.

Regional Insights:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for industrial burner. Some of the factors driving the Asia Pacific industrial burner market include considerable growth in the industrial sector, the augmenting energy needs of the masses, significant rise in mining and exploration activities, increasing automotive production and sales, etc.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global industrial burner market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Andritz AG, Ariston Holding N.V., Baltur S.p.A., C.I.B. Unigas S.p.A., Fives SAS, HeatGEN Engineering Systems, Honeywell International Inc., Limpsfield Combustion Engineering Limited, Oilon Group Oy, Oxilon Pvt. Ltd., Riello S.p.A. (Carrier Global Corporation), Selas Heat Technology Company LLC, The Wesman Engineering Company Private Limited, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the industrial burner market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global industrial burner market.
• The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the industrial burner industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.