Fuel Burner Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Max Weishaupt GmbH, ELCO GmbH, Ecostar

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Fuel Burner Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.3% during the review period (2022 to 2027).

Fuel Burner Market Overview

Fuel burners releases heat and specific flame which can be controlled in combustion chamber and used for numerous industrial operations such as heating, melting, steam production, manufacturing, and other operations. Fuel burners are used for several applications which include boilers, furnace/ovens/kiln, air heating/ drying, heating liquid, welding, recycling, glass blowing, and others. The growing adoption of Fuel burners in the metal industry is projected to drive the global Fuel burner market growth during the forecast period. Furthermore, the growing safety concerns about industrial procedures and setting up of global industrial safety standard adoption protocols have subsequently resulted in surging acceptance of burner management systems. An oil burner is a heating device which burns heating oils, diesel fuel, or other similar fuels. An oil burner is a portion attached to an oil furnace, water heater, or boiler. It offers the ignition of heating oil/biodiesel fuel used to heat either air or water via a heat exchanger. The fuel is atomized into a fine spray typically by forcing it under pressure through a nozzle that gives the resulting flame a flow rate, angle of spray, and pattern. This spray is frequently ignited by an electric spark with the air being forced through around it at the end of a blast tube, by a fan driven by the oil burner motor. The fuel pump is classically driven via a coupling connecting its shaft to that of the motors. Oil burners also contain combustion-proving devices to prevent out-of-control combustion.

burners are a key component of heavy industry, designed to gain desired temperature and fire intensity for a variability of purposes. Burners are most usually used in industrial settings for heating purposes, as a means to generate steam or supply thermal energy, or applied in manufacturing procedures. From heat treatment for metal melting to domestic uses, high-temperature structures are desired. Numerous leading participants in the steel industry are moving their focal point to high-power industrial welding options. An industrial burner is a mechanical metal that uses liquid or gas fuel to publication flames properly. The efficiency of the burner is based on the rate of mixing of fuel and air that affects the stability of the flame. heating is a particularly crucial aspect in the construction of an efficient fire system.

Industry News:

BIOLIQUID TRIALS FOR THE FUTURE OF THE OIL INDUSTRY

EOGB Energy Products Ltd have recently completed two B30K installations, with one located at EOGB’s manufacturing and training facility and one at a residential property in Cambridgeshire. The tanks were supplied by Kingspan and Harlequin, the fuel is sourced from Argent Energy and the boiler is EOGB’s new fully-modulating blue flame system – due to be launched later this year.

Industrial Burner Market Dynamics

Driver: Growing power generation worldwide fueling demand for industrial burners

In 2022, the global electricity request will rebound significantly. After declining by roughly 1% in 2021, universal electricity demand is expected to rise by close to 4% in 2022. The Asia Pacific region is expected to account for the major share in the overall electricity demand. In 2022, China, one of the world's major energy consumers, will account for almost 50% of worldwide growth. India, the third-largest consumer, will account for 10% of global progress.

Conferring to the IEA, in the Stated Policies Scenario, the worldwide electricity demand is expected to grow at 2.1% per year through 2027, which is twice the rate of primary energy demand. This would growth the share of electricity in total final energy consumption from 19% in 2022 to 24% in 2027.   The demand for energy is being driven by increasing income, growing industrial production, and an rapidly expanding services sector. Rendering to the US Energy Information Administration (EIA), global energy consumption is expected to growth by roughly 50% between 2018 and 2027. The majority of this development is concentrated in regions with substantial economic growth, notably in Asia Pacific. In 2022, Asia Pacific was the world's major electricity consumer, accounting for about half of all global consumption. Southeast Asia's electricity demand has grown at a rate of 7% per year on average, according to the International Energy Agency.

Furthermore, power plant boilers use various fuels such as coal, natural gas, petroleum, and biomass/wastes to produce high-pressured steam, so that plants can generate electricity. As a result, the growing use of boilers in power generation plants will boost the demand for industrial burners, which are an integral part of industrial boilers.

Restraint: Significant money investment requirement for boiler-based burners

The production of boiler-based burners is a capital-intensive procedure. Companies should focus on identifying the raw material that they can procure economically and have an uninterrupted supply for a extensive period of time. Selecting and procuring raw materials and other auxiliary components of boilers, including burners, need significant R&D and funding. Once this is done, significant R&D, engineering, and designing activities are undertaken for the scheme, which are time- and capital-intensive.

The construction of industrial boiler plants also needs high investments in terms of engineering, procurement, and construction (EPC) or turnkey services, investment in technology, and procurement of fuel, among others. Post-construction phases such as maintenance, installation of technology, after-sales services also need considerable capital investment.

The cost of boilers differs mostly due to design parameters and varying levels of after-sales support. Budget boilers offer shorter lifespans, shorter warranties, and a lower level of customer support as compared to the standard boilers. The expenditure pattern of boiler affects the procurement cost of a burner. All these aspects impact the overall cost of industrial burners and result into high procurement and maintenance costs.

Opportunities: Progress of sophisticated liquid and gas burners with 3D printing technology

3D printing technology has helped to develop several complex products and lower production costs significantly. Burners with well-designed flames for liquid and gas are produced utilized 3D printing technology. For instance, Euro-K GmbH, a prominent manufacturer of power conversion devices, has developed compact technology burners to boost fuel consumption and offer significant flexibility in performance. As the amplifier makes a mixture of fuel and air, the micro-burner can burn both gas and liquid fuel.

Also, 3D technology is also used in the marine sector, wherein enhanced and technologically advanced industrial burners are used and act as catalyst in the procedure of diesel or oil being injected into furnaces that ignite the ship's boilers, producing steam that turns the turbines that propel the ship. All these aspects are likely to present great opportunities for industrial burners developed with 3D printing technology.

What are the major Applications, Types and Regions for Fuel Burner Market?

By Type, it is segmented into

• Gas Fuel Burner


• Liquid Fuel Burner


• Solid Fuel Burner

By Applications it is segmented into

• Ship


• Electricity


• Chemical Industry


• Automotive


• Others

Fuel Burner Market Regional Analysis

The leading countries in the Fuel Burner market are China and Japan. The presence of major automobile and steel factories in China and Japan aids market expansion. In countries with limited natural gas resources, fuel burners and boilers are widely favored. Because of the region's important automobile and steel sectors, Asia Pacific is the world's top market for Fuel Burners. Fuel Burner is developing its market in the region's emerging economies, where substantial investments in steel industries are being made.

The United States burner market is projected to expand at 4.3% CAGR during the forecast period of 2022-2027.Increasing regulatory environment in the U.S. has significantly enhanced burner design and efficiency, which has resulted in manufacturers focusing on providing low-emission, high-efficiency, and high-power manufacturing burners in the country. In addition, metal & mining and power generation remain the prime end-use businesses for demand generation.

What is the Outlook for Business Burner Manufacturers in China?

China is anticipated to hold more than 57% share of the East Asian market by 2027 and is estimated to create an absolute dollar opportunity worth US$ 650.1 Mn.The country produces industry value added of more than US$ 6.19 trillion and also has the major manufacturing and industrial sector, owing to which, China remains one of the top consumers of industrial burners in the world.More, 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.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Fuel Burner Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Fuel Burner Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Fuel Burner Market Report Scope?

Key Takeaways from this Fuel Burner Report

• Evaluate Fuel Burner market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Fuel Burner market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Fuel Burner Market is studied from 2017 - 2027.

 What is the growth rate of Fuel Burner Market?

The Fuel Burner Market is growing at a CAGR of 5.3% over the next 5 years.

What regions does this Fuel Burner Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.