Frequently Asked Questions:
Field Erected Boiler Market also suffered from the COVID-19 pandemic, which resulted in a decline in revenue generated in 2020 due to the temporary suspension of different development projects. Different industries also suspended many deals.
The Asia Pacific accounted for the highest share in the global field erected boiler market.
Rapid urbanization and industrialization are resulting in an increasing number of development projects and are the major factors driving the market growth.
Bi drum segment had a major share in 2021 of the total market revenue. Besides, it is also projected to witness the fastest growth.
The petro & chemical segment had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.