The industrial burner market size has grown strongly in recent years. It will grow from $6.38 billion in 2024 to $6.83 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to industrial expansion, energy sector demand, stringent emission regulations, shift towards energy-efficient solutions, expansion in petrochemical and refining industries.
The industrial burner market size is expected to see strong growth in the next few years. It will grow to $9.14 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to safety and reliability considerations, global environmental concerns, demand from food processing and manufacturing. Major trends in the forecast period include market demand for retrofitting and upgradation, focus on energy efficiency, adoption of low-emission burners, shift towards alternative fuels, industry 4 and automation integration.
The anticipated increase in power generation is expected to propel the industrial burner market in the coming years. The demand for industrial burners is largely driven by the rising need for electricity and the installation of large-scale power plants that utilize these burners in boilers. For example, according to a report by World Energy & Climate Statistics, which provides updated data by region, electricity consumption saw significant increases in 2022 across the BRICS nations. Specifically, China experienced a rise of 9.7%, India 4.8%, Russia 6.4%, and Brazil 9.5%. Collectively, these countries contributed to an overall growth in global power generation of 8.5% in 2021, which was 10% higher than pre-pandemic levels in 2019. In China, most of the surge in power generation was attributed to coal, wind, and solar energy. Thus, the projected growth in power generation is likely to stimulate the industrial burner market during the forecast period.
The growing demand for oil is anticipated to drive the expansion of the industrial burner market in the coming years. Oil, a viscous liquid utilized as both fuel and lubricant for machinery, plays a critical role in various industrial processes. The rising demand for oil stimulates activity in oil refining, processing, and extraction, resulting in increased reliance on industrial burners for essential operations. Key sectors such as petrochemicals, refineries, and the energy industry depend heavily on industrial burners for heating, distillation, and power generation applications. For instance, a report from the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, projects that global oil demand will reach 105.7 million barrels per day (mb/d) by 2028, reflecting a cumulative increase of 6% since 2022. Consequently, the rising demand for oil is fueling the growth of the industrial burner market.
Major companies in the industrial burner market are concentrating on developing innovative products, such as combustion systems, to improve energy efficiency and minimize emissions. Combustion systems are integrated setups that facilitate the controlled burning of fuel to produce energy, mainly in the form of heat or power. These systems comprise components like burners and combustion chambers, which are specifically designed to optimize fuel efficiency and lower emissions. For example, in October 2023, Metso, a Finland-based machinery corporation, introduced the first hydrogen low-NOx burner for traveling grate pelletizing plants, utilizing hydrogen as a carbon-free fuel to significantly lessen environmental impact. This system achieves up to 80% reduction in NOx emissions, aiding companies in adhering to stringent regulatory standards. Furthermore, it enhances product quality by improving temperature uniformity throughout the pelletizing process.
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. For instance, in August 2023, 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 May 2024, Miura Co., Ltd., a Japan-based company specializing in the manufacture, sale, and maintenance of boilers and related equipment, acquired Cleaver-Brooks Inc. for an undisclosed amount. This acquisition aims to strengthen Miura's global presence, foster innovation in sustainable boiler solutions, and diversify its service offerings across different industries. Cleaver-Brooks Inc. is a US-based manufacturer known for its industrial boilers and related equipment, including burner systems.
Major companies operating in the industrial burner market 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 2024 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.
An industrial burner is a mechanical device that combines fuel and air, creating a platform for combustion using an ignition source. Industrial burners play a crucial role in the heating systems of boilers and furnaces, controlling the temperature of entire manufacturing facilities and supporting various heating activities during production.
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.
The industrial burner market research report is one of a series of new reports that 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.
The industrial burner market size is expected to see strong growth in the next few years. It will grow to $9.14 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to safety and reliability considerations, global environmental concerns, demand from food processing and manufacturing. Major trends in the forecast period include market demand for retrofitting and upgradation, focus on energy efficiency, adoption of low-emission burners, shift towards alternative fuels, industry 4 and automation integration.
The anticipated increase in power generation is expected to propel the industrial burner market in the coming years. The demand for industrial burners is largely driven by the rising need for electricity and the installation of large-scale power plants that utilize these burners in boilers. For example, according to a report by World Energy & Climate Statistics, which provides updated data by region, electricity consumption saw significant increases in 2022 across the BRICS nations. Specifically, China experienced a rise of 9.7%, India 4.8%, Russia 6.4%, and Brazil 9.5%. Collectively, these countries contributed to an overall growth in global power generation of 8.5% in 2021, which was 10% higher than pre-pandemic levels in 2019. In China, most of the surge in power generation was attributed to coal, wind, and solar energy. Thus, the projected growth in power generation is likely to stimulate the industrial burner market during the forecast period.
The growing demand for oil is anticipated to drive the expansion of the industrial burner market in the coming years. Oil, a viscous liquid utilized as both fuel and lubricant for machinery, plays a critical role in various industrial processes. The rising demand for oil stimulates activity in oil refining, processing, and extraction, resulting in increased reliance on industrial burners for essential operations. Key sectors such as petrochemicals, refineries, and the energy industry depend heavily on industrial burners for heating, distillation, and power generation applications. For instance, a report from the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, projects that global oil demand will reach 105.7 million barrels per day (mb/d) by 2028, reflecting a cumulative increase of 6% since 2022. Consequently, the rising demand for oil is fueling the growth of the industrial burner market.
Major companies in the industrial burner market are concentrating on developing innovative products, such as combustion systems, to improve energy efficiency and minimize emissions. Combustion systems are integrated setups that facilitate the controlled burning of fuel to produce energy, mainly in the form of heat or power. These systems comprise components like burners and combustion chambers, which are specifically designed to optimize fuel efficiency and lower emissions. For example, in October 2023, Metso, a Finland-based machinery corporation, introduced the first hydrogen low-NOx burner for traveling grate pelletizing plants, utilizing hydrogen as a carbon-free fuel to significantly lessen environmental impact. This system achieves up to 80% reduction in NOx emissions, aiding companies in adhering to stringent regulatory standards. Furthermore, it enhances product quality by improving temperature uniformity throughout the pelletizing process.
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. For instance, in August 2023, 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 May 2024, Miura Co., Ltd., a Japan-based company specializing in the manufacture, sale, and maintenance of boilers and related equipment, acquired Cleaver-Brooks Inc. for an undisclosed amount. This acquisition aims to strengthen Miura's global presence, foster innovation in sustainable boiler solutions, and diversify its service offerings across different industries. Cleaver-Brooks Inc. is a US-based manufacturer known for its industrial boilers and related equipment, including burner systems.
Major companies operating in the industrial burner market 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 2024 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.
An industrial burner is a mechanical device that combines fuel and air, creating a platform for combustion using an ignition source. Industrial burners play a crucial role in the heating systems of boilers and furnaces, controlling the temperature of entire manufacturing facilities and supporting various heating activities during production.
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.
The industrial burner market research report is one of a series of new reports that 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.
Table of Contents
1. Executive Summary2. Industrial Burner Market Characteristics3. Industrial Burner Market Trends and Strategies4. Industrial Burner Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Industrial Burner Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial Burner Market34. Recent Developments in the Industrial Burner Market
5. Global Industrial Burner Growth Analysis and Strategic Analysis Framework
6. Industrial Burner Market Segmentation
7. Industrial Burner Market Regional and Country Analysis
8. Asia-Pacific Industrial Burner Market
9. China Industrial Burner Market
10. India Industrial Burner Market
11. Japan Industrial Burner Market
12. Australia Industrial Burner Market
13. Indonesia Industrial Burner Market
14. South Korea Industrial Burner Market
15. Western Europe Industrial Burner Market
16. UK Industrial Burner Market
17. Germany Industrial Burner Market
18. France Industrial Burner Market
19. Italy Industrial Burner Market
20. Spain Industrial Burner Market
21. Eastern Europe Industrial Burner Market
22. Russia Industrial Burner Market
23. North America Industrial Burner Market
24. USA Industrial Burner Market
25. Canada Industrial Burner Market
26. South America Industrial Burner Market
27. Brazil Industrial Burner Market
28. Middle East Industrial Burner Market
29. Africa Industrial Burner Market
30. Industrial Burner Market Competitive Landscape and Company Profiles
31. Industrial Burner Market Other Major and Innovative Companies
35. Industrial Burner Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Industrial Burner Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial burner market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial burner? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial burner market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Fuel type: Oil; Gas; Solid fuel; Dual fuel2) by Burner Type: Radiant Burner; Direct-Fired Burner; Regenerative Burner; High Thermal Release Burner; Self-Recuperative Burner and Others
3) by Operating Temperature: High Temperature (> 1, 400°F); Low Temperature (< 1, 400°F)
4) by Application: Boilers; Furnaces or Forges; Air Heating or Drying; Incineration; Other Applications
Subsegments:
1) by Oil: Light Oil Burners; Heavy Oil Burners2) by Gas: Natural Gas Burners; LPG (Liquefied Petroleum Gas) Burners
3) by Solid Fuel: Coal Burners; Biomass Burners
4) by Dual Fuel: Oil and Gas Burners; Gas and Solid Fuel Burners
Key Companies Mentioned: Max Weishaupt GmbH; Honeywell International Inc.; Andritz AG; Baltur S.p.a; Oilon Group OY
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Industrial Burner market report include:- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 6.83 Billion |
Forecasted Market Value ( USD | $ 9.14 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |