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Package Boilers Market by Design (D-Type Package Boilers, A-Type Package Boilers, O-Type Package Boiler) by Fuel (Oil, Gas, Biomass, Others) by Type (Fire-Tube Package Boilers, Water-Tube Package Boilers, Electric Boilers, Others) by End-user (Food & Beverage, Chemical, Oil & Gas, Paper & Pulp, Others): Global Industry Size, Share, Statistics and Forecast 2016 – 2028

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Published: | Report ID: 8420 | Report Format : PDF

Market Insights:

The package boilers market is expected to maintain a positive growth rate over the next decade. Several factors are driving the growing demand for package boilers. The food and beverage industry is the most significant factor that will drive the growth of the package boiler market. Across different areas worldwide, the demand for package boilers is rising. A driving factor for this is the inherent benefits that package boilers offer. Package boilers are easier to install and simpler to maintain than large industrial boilers. Hence, this will be a prime factor behind the increasing demand for the package boilers market. In addition, much research and development are underway to improve the functionality of package boilers.

Package Boilers Market

The global Package Boilers market is expected to witness a CAGR of 8.94% during the forecast period. The revenue generated by the worldwide Package Boilers market in 2021 was over USD 10.03 billion and is expected to generate revenue worth USD 19.73 million in 2028. Therefore, the incremental growth opportunity offered by the global Package Boilers is estimated to be USD 109.15 billion between 2022 and 2028.

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D-Type Package Boilers Held the Largest Share  

D-Type Package Boilers, A-Type Package Boilers, and O-Type Package Boilers are major types of package boilers based on design. D-type package boilers are expected to register the fastest growth rate based on the plan. They have reduced installation times and lowered the cost of generating steam. As a result, these boilers find applications in hospitals, process and manufacturing facilities, pulp and paper, power plants, sawmills, ethanol plants, and the petrochemical industry, among several others.

Fire-tube package boilers to Lead the Market

Fire-Tube Package Boilers, Water-Tube Package Boilers, Electric Boilers, and Others are significant types of package boilers. Fire-tube package boilers are expected to have the most significant percentage in the package boilers market over the next few years. This trend can be explained by the rising applications of fire-tube package boilers across various industries. They use marine applications since they can be transported easily and are simpler to manage.

Food & Beverage to Rule the Demand for Package Boilers

Critical end-users of package boilers include Food & Beverage, chemicals, Oil & Gas, Paper & Pulp, and Others. The food and beverage industry will have a tremendous demand for package boilers and is thus expected to be the most influential factor in fueling the package boiler market. The food and beverage industry is becoming more advanced and sophisticated due to stringent regulations and quality standards. Also, the food and beverage industry has been steadily increasing its production capacity.

Package boilers find use in generating steam for a wide range of processes in the food and drinks sector. The increasing use of this kind of equipment in food and beverage is contributing most to the growth of the package boiler market.

The oil and gas industry is also one of the factors behind the increasing market growth. Package boilers that burn oil are used in areas where natural gas is not plentiful. Fuel for such equipment is being sourced locally to less reliance on imported oil. Also, biodiesel is driving the growth of the package boiler market.

Over the next five years, the package boiler market will expand fastest in the Asia Pacific region. Package boiler manufacturers will like to target the numerous opportunities available in the area, thanks to infrastructure development and rapid industrialization.

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However, stringent emissions standards will hamper the growth of the package boiler market.

Research and Development is Major Focus Area

Research and development work is underway to improve the performance and efficiencies of package boilers. Package boilers are finding more and more applications because they are relatively cost-effective methods of producing steam at high pressures and temperatures. Cleaver-Brooks, Inc, Mitsubishi Hitachi Power Systems, Ltd., Babcock & Wilcox Enterprises, Inc., John Wood Group PLC., Thermax Global, Hurst Boiler & Welding Co, Inc., Powermaster, Johnston Boiler Company, IHI Corporation, Forbes Marshall., PARKER BOILER, Microtech Boilers Private Limited., ACTOM, Rentech Boiler., Miura America Co., LTD., Kawasaki Thermal Engineering Co., Ltd, Williams & Davis Boilers., English Boiler, LLC, Superior Boiler, Mackenzie Industries Sdn Bhd are most prominent players in global package boiler market.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Package Boilers Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Package Boilers Market Value, 2016-2028, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2021
3.3.1.Design
3.3.2.End-user
3.3.3.Fuel
3.3.4.Type
3.3.5.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2021
4.1.Company market share of key players, 2021
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Package Boilers Market Pre Vs Post COVID 19, 2019 – 2028
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Package Boilers Market, by Country, 2016-2028(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Package Boilers Market, by Design, 2016-2028(US$ Bn)
6.2.1.Overview
6.2.2.D-Type
6.2.3.A-Type
6.2.4.O-Type
6.3.North America Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
6.3.1.Overview
6.3.2.Oil
6.3.3.Gas
6.3.4.Biomass
6.4.North America Package Boilers Market, by Type, 2016-2028(US$ Bn)
6.4.1.Overview
6.4.2.Fire-Tube Package Boilers
6.4.3.Water-Tube Package Boilers
6.4.4.Electric Boilers
6.5.North America Package Boilers Market, by End- User, 2016-2028(US$ Bn)
6.5.1.Overview
6.5.2.Food & Beverage
6.5.3.Chemical
6.5.4.Oil & Gas
6.5.5.Paper & Pulp
6.5.6.Others

7.Europe
7.1.Europe Package Boilers Market, by Country, 2016-2028(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Package Boilers Market, by Design, 2016-2028(US$ Bn)
7.2.1.Overview
7.2.2.D-Type
7.2.3.A-Type
7.2.4.O-Type
7.3.Europe Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
7.3.1.Overview
7.3.2.Oil
7.3.3.Gas
7.3.4.Biomass
7.4.Europe Package Boilers Market, by Type, 2016-2028(US$ Bn)
7.4.1.Overview
7.4.2.Fire-Tube Package Boilers
7.4.3.Water-Tube Package Boilers
7.4.4.Electric Boilers
7.5.Europe Package Boilers Market, by End- User, 2016-2028(US$ Bn)
7.5.1.Overview
7.5.2.Food & Beverage
7.5.3.Chemical
7.5.4.Oil & Gas
7.5.5.Paper & Pulp
7.5.6.Others

8.Asia Pacific
8.1.Asia Pacific Package Boilers Market, by Country, 2016-2028(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Package Boilers Market, by Design, 2016-2028(US$ Bn)
8.2.1.Overview
8.2.2.D-Type
8.2.3.A-Type
8.2.4.O-Type
8.3.Asia Pacific Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
8.3.1.Overview
8.3.2.Oil
8.3.3.Gas
8.3.4.Biomass
8.4.Asia Pacific Package Boilers Market, by Type, 2016-2028(US$ Bn)
8.4.1.Overview
8.4.2.Fire-Tube Package Boilers
8.4.3.Water-Tube Package Boilers
8.4.4.Electric Boilers
8.5.Asia Pacific Package Boilers Market, by End- User, 2016-2028(US$ Bn)
8.5.1.Overview
8.5.2.Food & Beverage
8.5.3.Chemical
8.5.4.Oil & Gas
8.5.5.Paper & Pulp
8.5.6.Others

9.Latin America
9.1.Latin America Package Boilers Market, by Country, 2016-2028(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Package Boilers Market, by Design, 2016-2028(US$ Bn)
9.2.1.Overview
9.2.2.D-Type
9.2.3.A-Type
9.2.4.O-Type
9.3.Latin America Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
9.3.1.Overview
9.3.2.Oil
9.3.3.Gas
9.3.4.Biomass
9.4.Latin America Package Boilers Market, by Type, 2016-2028(US$ Bn)
9.4.1.Overview
9.4.2.Fire-Tube Package Boilers
9.4.3.Water-Tube Package Boilers
9.4.4.Electric Boilers
9.5.Latin America Package Boilers Market, by End- User, 2016-2028(US$ Bn)
9.5.1.Overview
9.5.2.Food & Beverage
9.5.3.Chemical
9.5.4.Oil & Gas
9.5.5.Paper & Pulp
9.5.6.Others

10.Middle East
10.1.Middle East Package Boilers Market, by Country, 2016-2028(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Package Boilers Market, by Design, 2016-2028(US$ Bn)
10.2.1.Overview
10.2.2.D-Type
10.2.3.A-Type
10.2.4.O-Type
10.3.Middle East Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
10.3.1.Overview
10.3.2.Oil
10.3.3.Gas
10.3.4.Biomass
10.4.Middle East Package Boilers Market, by Type, 2016-2028(US$ Bn)
10.4.1.Overview
10.4.2.Fire-Tube Package Boilers
10.4.3.Water-Tube Package Boilers
10.4.4.Electric Boilers
10.5.Middle East Package Boilers Market, by End- User, 2016-2028(US$ Bn)
10.5.1.Overview
10.5.2.Food & Beverage
10.5.3.Chemical
10.5.4.Oil & Gas
10.5.5.Paper & Pulp
10.5.6.Others

11.Africa
11.1.Africa Package Boilers Market, by Country, 2016-2028(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Package Boilers Market, by Design, 2016-2028(US$ Bn)
11.2.1.Overview
11.2.2.D-Type
11.2.3.A-Type
11.2.4.O-Type
11.3.Africa Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
11.3.1.Overview
11.3.2.Oil
11.3.3.Gas
11.3.4.Biomass
11.4.Africa Package Boilers Market, by Type, 2016-2028(US$ Bn)
11.4.1.Overview
11.4.2.Fire-Tube Package Boilers
11.4.3.Water-Tube Package Boilers
11.4.4.Electric Boilers
11.5.Africa Package Boilers Market, by End- User, 2016-2028(US$ Bn)
11.5.1.Overview
11.5.2.Food & Beverage
11.5.3.Chemical
11.5.4.Oil & Gas
11.5.5.Paper & Pulp
11.5.6.Others

12.Global
12.1.Global Package Boilers Market, by Design, 2016-2028(US$ Bn)
12.1.1.Overview
12.1.2.D-Type
12.1.3.A-Type
12.1.4.O-Type
12.2.Global Package Boilers Market, by Fuel, 2016-2028(US$ Bn)
12.2.1.Overview
12.2.2.Oil
12.2.3.Gas
12.2.4.Biomass
12.3.Global Package Boilers Market, by Type, 2016-2028(US$ Bn)
12.3.1.Overview
12.3.2.Fire-Tube Package Boilers
12.3.3.Water-Tube Package Boilers
12.3.4.Electric Boilers
12.4.Global Package Boilers Market, by End- User, 2016-2028(US$ Bn)
12.4.1.Overview
12.4.2.Food & Beverage
12.4.3.Chemical
12.4.4.Oil & Gas
12.4.5.Paper & Pulp
12.4.6.Others

13.Company Profiles
13.1.Cleaver-Brooks, Inc
13.2.Mitsubishi Hitachi Power Systems, Ltd.
13.3.Babcock & Wilcox Enterprises, Inc.
13.4.John Wood Group PLC.
13.5.Thermax Global
13.6.Hurst Boiler & Welding Co, Inc.
13.7.Powermaster
13.8.Johnston Boiler Company
13.9.IHI Corporation
13.10.Forbes Marshall.
13.11.PARKER BOILER
13.12.Microtech Boilers Private Limited.
13.13.ACTOM
13.14.Rentech Boiler.
13.15.Miura America Co., LTD.
13.16.Kawasaki Thermal Engineering Co.,Ltd
13.17.Williams & Davis Boilers.
13.18.English Boiler, LLC
13.19.Superior Boiler
13.20.Mackenzie Industries Sdn Bhd
Others

 

List of Figures

FIG. 1 Global Package Boilers Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Package Boilers Market Segmentation

FIG. 4 Global Package Boilers Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Package Boilers Market, by Distribution Channel, 2021 (US$ Bn)

FIG. 6 Global Package Boilers Market, by Geography, 2021 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2021

FIG. 8 Global Market Positioning of Key Package Boilers Market Manufacturers, 2019

FIG. 9 Global Package Boilers Market Value Contribution, By Design, 2021 & 2028 (Value %)

FIG. 10 Global Package Boilers Market, by D-Type, Value, 2016-2028 (US$ Bn)

FIG. 11 Global Package Boilers Market, by A-Type, Value, 2016-2028 (US$ Bn)

FIG. 12 Global Package Boilers Market, by O-Type, Value, 2016-2028 (US$ Bn)

FIG. 13 Global Package Boilers Market, by Paper & Pulp Hardware, Value, 2016-2028 (US$ Bn)

FIG. 14 Global Package Boilers Market, by Smart Greenhouses Hardware, Value, 2016-2028 (US$ Bn)

FIG. 15 Global Package Boilers Market Value Contribution, By Fuel, 2021 & 2028 (Value %)

FIG. 16 Global Package Boilers Market, by Oil Farms, Value, 2016-2028 (US$ Bn)

FIG. 17 Global Package Boilers Market, by Gas Farms, Value, 2016-2028 (US$ Bn)

FIG. 18 Global Package Boilers Market, by Biomass Farms, Value, 2016-2028 (US$ Bn)

FIG. 19 Global Package Boilers Market Value Contribution, By Type, 2021 & 2028 (Value %)

FIG. 20 Global Package Boilers Market, by Fire-Tube Package Boilers Stage, Value, 2016-2028 (US$ Bn)

FIG. 21 Global Package Boilers Market, by Post Water-Tube Package Boilers Stage, Value, 2016-2028 (US$ Bn)

FIG. 22 Global Package Boilers Market, by Water-Tube Package Boilers Stage, Value, 2016-2028 (US$ Bn)

FIG. 23 Global Package Boilers Market Value Contribution, By End- User, 2021 & 2028 (Value %)

FIG. 24 Global Package Boilers Market, by Food & Beverage, Value, 2016-2028 (US$ Bn)

FIG. 25 Global Package Boilers Market, by Chemical, Value, 2016-2028 (US$ Bn)

FIG. 26 Global Package Boilers Market, by Oil & Gas, Value, 2016-2028 (US$ Bn)

FIG. 27 Global Package Boilers Market, by Paper & Pulp, Value, 2016-2028 (US$ Bn)

FIG. 28 U.S. Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 29 Rest of North America Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 30 U.K. Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 31 Germany Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 32 France Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 33 Italy Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 34 Spain Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 35 Russia Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 36 BENELUX Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 37 Poland Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 38 Austria Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 39 Rest of Europe Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 40 Japan Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 41 China Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 42 India Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 43 South Korea Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 44 Australia Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 45 Southeast Asia Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 46 Rest of Asia Pacific Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 47 Middle East & Africa Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 48 South Africa Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 49 Nigeria Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 50 Egypt Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 51 GCC Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 52 Israel Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 53 Latin America Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 54 Mechanicalzil Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 55 Argentina Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 56 Colombia Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 57 Peru Package Boilers Market, 2016-2028 (US$ Bn)

FIG. 58 Chile Package Boilers Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices   (Package Boilers) Market

TABLE 2 Global Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 3 Global Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 4 Global Package Boilers Market, by Geography, 2016-2028 (US$ Bn)

TABLE 5 North America Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 6 North America Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 7 North America Package Boilers Market, by Country, 2016-2028 (US$ Bn)

TABLE 8 Europe Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 9 Europe Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 10 Europe Package Boilers Market, by Country/Region, 2016-2028 (US$ Bn)

TABLE 11 Asia Pacific Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 12 Asia Pacific Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 13 Asia Pacific Package Boilers Market, by Country/Region, 2016-2028 (US$ Bn)

TABLE 14 Latin America Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 15 Latin America Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 16 Latin America Package Boilers Market, by Country/Region, 2016-2028 (US$ Bn)

TABLE 17 Middle East Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 18 Middle East Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 19 Middle East Package Boilers Market, by Country/Region, 2016-2028 (US$ Bn)

TABLE 20 Africa Package Boilers Market, by Type, 2016-2028 (US$ Bn)

TABLE 21 Africa Package Boilers Market, by Distribution Channel, 2016-2028 (US$ Bn)

TABLE 22 Africa Package Boilers Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How COVID 19 Impacted Package Boilers Market?

Likewise other industries, COVID 19 also taken a toll on Package Boilers market with around 14.21% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Package Boilers?

Asia Pacific is the largest regional market with highest share in the total volume of Package Boilers consumed in 2021 followed by Europe

What is the major growth driving factors for global Package Boilers market?

Strong demand from Food & Beverage industry in Asia Pacific is major factor fuelling the demand for package boilers

Which is major segment in Package Boilers market by application?

Food & Beverage dominated the Package Boilers market in 2021 with over 30% share

Which is major segment in Package Boilers market by type?

Fire-Tube Package Boilers was the largest type of Package Boilers in 2021 with over 45% share

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