Industrial Burner Global Market Report 2024

The global industrial burner market has grown strongly in recent years. It will grow from $5.97 billion in 2023 to $6.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth observed in the historical period can be attributed to industrial expansion, the demand from the energy sector, the implementation of stringent emission regulations, a shift towards energy-efficient solutions, and the expansion in petrochemical and refining industries.

The global industrial burner market is expected to see strong growth in the next few years. It will grow to $8.38 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The expected growth in the forecast period can be attributed to considerations of safety and reliability, global environmental concerns, and demand from the food processing and manufacturing sectors. Major trends expected in the forecast period include market demand for retrofitting and upgrading existing systems, a focus on energy efficiency measures, the adoption of low-emission burners for environmental sustainability, a shift towards alternative fuels, and the integration of Industry 4.0 and automation technologies for enhanced operational efficiency. These trends reflect the industry's response to evolving safety standards, environmental regulations, and the ongoing pursuit of resource-efficient and sustainable practices.

The industrial burner market is experiencing growth due to the increasing focus on power generation. Large-scale power plant installations utilize industrial burners in boilers for efficient electricity generation. The BRICS countries, including China, India, Russia, and Brazil, have witnessed a noticeable increase in electricity consumption, contributing to global power generation growth. In China, the rise in power generation is attributed to various sources, including coal, wind, and solar energy. This trend is expected to stimulate the industrial burner market as the demand for power generation continues to grow globally.

The industrial burner market is expected to witness growth driven by the increasing demand for oil. Oil's significance as a fuel and lubricant in various industries, including petrochemicals, refineries, and the energy sector, leads to heightened activity in oil refining, processing, and extraction. Industrial burners play a crucial role in processes such as heating, distillation, and power generation in these industries. The projection of global oil demand reaching 105.7 million barrels per day by 2028 indicates a substantial increase, contributing to the expansion of the industrial burner market.

Technological advancement is a prominent trend influencing the industrial burner market. Companies in this sector are investing in new technologies and research and development to stay at the forefront of innovation. For instance, E&M Combustion introduced a prototype hydrogen burner designed for district heating systems, emphasizing the use of hydrogen or a hydrogen-natural gas mixture. The advancement aims to address challenges related to hydrogen's invisibility, enhancing flame detection and combustion efficiency. This focus on cutting-edge technologies reflects the industry's commitment to innovation and sustainability.

Major companies in the industrial burner market are developing innovative products, specifically eco-friendly burners, to gain a competitive edge. Eco-friendly burners are designed to minimize environmental impact by reducing emissions and improving fuel efficiency. Fives S.A.S.'s launch of the Hy-Ductflam, a 100% hydrogen duct burner emitting zero carbon during hydrogen combustion, exemplifies this trend. The adoption of eco-friendly burners allows industries to transition seamlessly from natural gas to hydrogen, offering high efficiency, mechanical reliability, and flexibility. This development aligns with the growing emphasis on sustainable and environmentally conscious industrial practices, contributing to the overall growth of the industrial burner market.

In July 2021, Andritz, an Austrian company specializing in the industrial burner sector, completed the acquisition of Enviroburners Oy for an undisclosed sum. This transaction encompasses the entirety of Enviroburners' intellectual property assets, technical know-how, tools, operational systems, and inventory. The acquisition significantly bolsters ANDRITZ's standing in terms of self-sufficiency and dependability within the burner market, paving the way for fresh avenues of growth, particularly in applications focused on environmental conservation. Enviroburners Oy is a Finland -based provider of maintenance and repair of flue gas equipment for industrial production processes and power generation.

Major companies operating in the industrial burner market report are Max Weishaupt GmbH, Honeywell International Inc., Andritz AG, Baltur S.p.A, Oilon Group OY, Selas Heat Technology Company LLC, Alzeta Corporation, Oxilon Pvt. Ltd., Limpsfield Combustion Engineering Limited, John Zink Company LLC, Forbes Marshall Private Limited, Faber Burner Company, Miura America Co. LTD., WESMAN GROUP, Webster Combustion Technology LLC, AGF Burner Inc., Bloom Engineering Company, Inc., Riello S.p.A, Hamworthy Combustion Engineering Ltd., Kromschroder, North American Manufacturing, QED Combustion Inc., Selkirk Canada Corporation, Superior Combustion Industries, Thermal Solutions Products LLC, Nationwide Boiler Inc., Aereon Inc., Babcock & Wilcox, CEC Combustion Safety LLC, Coen Company Inc.

Asia-Pacific was the largest region in the industrial burner market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial burner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial burner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main fuel types for industrial burners include oil, gas, solid fuel, and dual fuel. Oil, in this context, refers to viscous liquids used in cosmetics, paintings, pharmaceuticals, and other products that do not dissolve in water. It is utilized as a fuel in industrial burners, where the heat exchanger warms cold water. There are various types of industrial burners based on the fuel and operation characteristics. These include radiant burners, direct-fired burners, regenerative burners, high thermal release burners, self-recuperative burners, and others. These burners operate in both high temperatures (> 1,400°F) and low temperatures (< 1,400°F). Industrial burners find applications in boilers, furnaces or forges, air heating/drying, incineration, and other industrial processes.

This report provides industrial burner market statistics, including industrial burner industry global market size, regional shares, competitors with a industrial burner market share, detailed industrial burner market segments, market trends and opportunities, and any further data you may need to thrive in the industrial burner industry. This industrial burner market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial burner market consists of revenues earned by entities by providing services such as burner optimization, burner repairs and rebuilds. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial burner market also includes sales of base, barrel (chimney), air regulator (collar), air holes, gas valve, gas nozzle, and gas intake tube which are used in providing industrial burner services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.