The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com

Heavy Oil Burner-Global Market Insights and Sales Trends 2024

Heavy Oil Burner-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1872283

No of Pages : 117

Synopsis
A heavy oil burner refers to a type of combustion system designed specifically for burning heavier grades of fuels such as residual oils and distillates produced as petroleum derivatives during refining processes. These substances typically possess higher viscosity ranges compared to lighter crude oil fractions like naphtha or kerosene commonly used in regular burners intended for natural gas, liquefied petroleum gas (LPG), or diesel. Due to the complex chemical compositions and physical properties inherent in heavy fuels, dedicated equipment must handle them safely and efficiently while meeting emission limits set forth by environmental authorities worldwide.
The global Heavy Oil Burner market size is expected to reach US$ 4333.5 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Heavy Oil Burner in various end use industries. The expanding demands from the Food Processing Industry, Petrochemical Industry, Pulp and Paper Industry and Power Generation Industry, are propelling Heavy Oil Burner market. Single Stage Burner, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Two Stage Burner segment is estimated at % CAGR for the next seven-year period.
The heavy oil burner market landscape presents opportunities for growth despite facing challenges due to changes in international trade policies affecting fuel prices and supply chain logistics. This section summarizes recent activities influencing demand levels, product diversification efforts addressing evolving customer needs, and competitor adaptations shaping market dynamics.
1.The world economy's cyclical nature influences energy consumption patterns across various industries. As business cycles turn favorably, so do corresponding market segments witness increased activity translating into elevated sales volumes for heavy oil burners. Concurrently, escalating crude prices resulting from geopolitical factors like sanctions or conflicts push end users towards alternative sources including heavy oil processing plants. However, stringent environment regulations enforced post COVID-19 pandemic period complicate market access for certain producers unable to meet strict emission criteria or adopt carbon offsetting programs aligned with Paris Agreement goals.
2.Manufacturing companies focused on expanding their clientele often integrate advanced engineering attributes into existing burner lines. Introducing digital automation capabilities allowing remote monitoring and control optimizations via IoT platforms attracts clients desiring greater flexibility and operational efficiency enhancements. Additionally, integrating artificial intelligence algorithms capable of identifying anomalous behavior indicators streamlining maintenance scheduling by predicting asset degradation or malfunction occurrences prove appealing value propositions. Moreover, integrating battery energy storage solutions interoperable with intelligent burner systems potentially reducing reliance on fossil-based generation sources appeal to environmentally conscious buyers seeking carbon footprint reduction commitments alignment.
3.Expansion of heavy crude oil extraction sites necessitating robust thermal equipment able to handle lower quality feeds compared to conventional light distillates while meeting stricter air emissions standards. This is especially true within North American regions hosting Athabasca Tar Sand deposits and Venezuelan Orinoco Belt Bituminous Oil fields, which account for substantial proportions of global unconventional reserves.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy Oil Burner, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy Oil Burner market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy Oil Burner market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy Oil Burner sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy Oil Burner covered in this report include Baltur, Riello, Ariston Thermo, Oilon, Olympia Kogyo, Ecostar, Oertli Induflame GmbH, Oxilon Burners and CIB Unigas, etc.
The global Heavy Oil Burner market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baltur
Riello
Ariston Thermo
Oilon
Olympia Kogyo
Ecostar
Oertli Induflame GmbH
Oxilon Burners
CIB Unigas
Elco Burners
Rutli Burners
F.B.R. Bruciatori
Flamtec
Eccs Burners
Narayan Oil & Gas Burner
Global Heavy Oil Burner market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy Oil Burner market, Segment by Type:
Single Stage Burner
Two Stage Burner
Modulating Burner
Global Heavy Oil Burner market, by Application
Food Processing Industry
Petrochemical Industry
Pulp and Paper Industry
Power Generation Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy Oil Burner manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy Oil Burner in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Heavy Oil Burner Market Overview
1.1 Heavy Oil Burner Product Overview
1.2 Heavy Oil Burner Market Segment by Type
1.2.1 Single Stage Burner
1.2.2 Two Stage Burner
1.2.3 Modulating Burner
1.3 Global Heavy Oil Burner Market Size by Type
1.3.1 Global Heavy Oil Burner Market Size Overview by Type (2018-2029)
1.3.2 Global Heavy Oil Burner Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heavy Oil Burner Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heavy Oil Burner Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heavy Oil Burner Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heavy Oil Burner Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heavy Oil Burner Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heavy Oil Burner Sales Breakdown by Type (2018-2023)
2 Global Heavy Oil Burner Market Competition by Company
2.1 Global Top Players by Heavy Oil Burner Sales (2018-2023)
2.2 Global Top Players by Heavy Oil Burner Revenue (2018-2023)
2.3 Global Top Players by Heavy Oil Burner Price (2018-2023)
2.4 Global Top Manufacturers Heavy Oil Burner Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heavy Oil Burner Market Competitive Situation and Trends
2.5.1 Heavy Oil Burner Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heavy Oil Burner Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heavy Oil Burner as of 2022)
2.7 Date of Key Manufacturers Enter into Heavy Oil Burner Market
2.8 Key Manufacturers Heavy Oil Burner Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heavy Oil Burner Status and Outlook by Region
3.1 Global Heavy Oil Burner Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heavy Oil Burner Historic Market Size by Region
3.2.1 Global Heavy Oil Burner Sales in Volume by Region (2018-2023)
3.2.2 Global Heavy Oil Burner Sales in Value by Region (2018-2023)
3.2.3 Global Heavy Oil Burner Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heavy Oil Burner Forecasted Market Size by Region
3.3.1 Global Heavy Oil Burner Sales in Volume by Region (2024-2029)
3.3.2 Global Heavy Oil Burner Sales in Value by Region (2024-2029)
3.3.3 Global Heavy Oil Burner Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heavy Oil Burner by Application
4.1 Heavy Oil Burner Market Segment by Application
4.1.1 Food Processing Industry
4.1.2 Petrochemical Industry
4.1.3 Pulp and Paper Industry
4.1.4 Power Generation Industry
4.1.5 Others
4.2 Global Heavy Oil Burner Market Size by Application
4.2.1 Global Heavy Oil Burner Market Size Overview by Application (2018-2029)
4.2.2 Global Heavy Oil Burner Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heavy Oil Burner Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heavy Oil Burner Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heavy Oil Burner Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heavy Oil Burner Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heavy Oil Burner Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heavy Oil Burner Sales Breakdown by Application (2018-2023)
5 North America Heavy Oil Burner by Country
5.1 North America Heavy Oil Burner Historic Market Size by Country
5.1.1 North America Heavy Oil Burner Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heavy Oil Burner Sales in Volume by Country (2018-2023)
5.1.3 North America Heavy Oil Burner Sales in Value by Country (2018-2023)
5.2 North America Heavy Oil Burner Forecasted Market Size by Country
5.2.1 North America Heavy Oil Burner Sales in Volume by Country (2024-2029)
5.2.2 North America Heavy Oil Burner Sales in Value by Country (2024-2029)
6 Europe Heavy Oil Burner by Country
6.1 Europe Heavy Oil Burner Historic Market Size by Country
6.1.1 Europe Heavy Oil Burner Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heavy Oil Burner Sales in Volume by Country (2018-2023)
6.1.3 Europe Heavy Oil Burner Sales in Value by Country (2018-2023)
6.2 Europe Heavy Oil Burner Forecasted Market Size by Country
6.2.1 Europe Heavy Oil Burner Sales in Volume by Country (2024-2029)
6.2.2 Europe Heavy Oil Burner Sales in Value by Country (2024-2029)
7 Asia-Pacific Heavy Oil Burner by Region
7.1 Asia-Pacific Heavy Oil Burner Historic Market Size by Region
7.1.1 Asia-Pacific Heavy Oil Burner Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heavy Oil Burner Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heavy Oil Burner Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heavy Oil Burner Forecasted Market Size by Region
7.2.1 Asia-Pacific Heavy Oil Burner Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heavy Oil Burner Sales in Value by Region (2024-2029)
8 Latin America Heavy Oil Burner by Country
8.1 Latin America Heavy Oil Burner Historic Market Size by Country
8.1.1 Latin America Heavy Oil Burner Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heavy Oil Burner Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heavy Oil Burner Sales in Value by Country (2018-2023)
8.2 Latin America Heavy Oil Burner Forecasted Market Size by Country
8.2.1 Latin America Heavy Oil Burner Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heavy Oil Burner Sales in Value by Country (2024-2029)
9 Middle East and Africa Heavy Oil Burner by Country
9.1 Middle East and Africa Heavy Oil Burner Historic Market Size by Country
9.1.1 Middle East and Africa Heavy Oil Burner Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heavy Oil Burner Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heavy Oil Burner Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heavy Oil Burner Forecasted Market Size by Country
9.2.1 Middle East and Africa Heavy Oil Burner Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heavy Oil Burner Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Baltur
10.1.1 Baltur Company Information
10.1.2 Baltur Introduction and Business Overview
10.1.3 Baltur Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Baltur Heavy Oil Burner Products Offered
10.1.5 Baltur Recent Development
10.2 Riello
10.2.1 Riello Company Information
10.2.2 Riello Introduction and Business Overview
10.2.3 Riello Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Riello Heavy Oil Burner Products Offered
10.2.5 Riello Recent Development
10.3 Ariston Thermo
10.3.1 Ariston Thermo Company Information
10.3.2 Ariston Thermo Introduction and Business Overview
10.3.3 Ariston Thermo Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ariston Thermo Heavy Oil Burner Products Offered
10.3.5 Ariston Thermo Recent Development
10.4 Oilon
10.4.1 Oilon Company Information
10.4.2 Oilon Introduction and Business Overview
10.4.3 Oilon Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Oilon Heavy Oil Burner Products Offered
10.4.5 Oilon Recent Development
10.5 Olympia Kogyo
10.5.1 Olympia Kogyo Company Information
10.5.2 Olympia Kogyo Introduction and Business Overview
10.5.3 Olympia Kogyo Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Olympia Kogyo Heavy Oil Burner Products Offered
10.5.5 Olympia Kogyo Recent Development
10.6 Ecostar
10.6.1 Ecostar Company Information
10.6.2 Ecostar Introduction and Business Overview
10.6.3 Ecostar Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ecostar Heavy Oil Burner Products Offered
10.6.5 Ecostar Recent Development
10.7 Oertli Induflame GmbH
10.7.1 Oertli Induflame GmbH Company Information
10.7.2 Oertli Induflame GmbH Introduction and Business Overview
10.7.3 Oertli Induflame GmbH Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Oertli Induflame GmbH Heavy Oil Burner Products Offered
10.7.5 Oertli Induflame GmbH Recent Development
10.8 Oxilon Burners
10.8.1 Oxilon Burners Company Information
10.8.2 Oxilon Burners Introduction and Business Overview
10.8.3 Oxilon Burners Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Oxilon Burners Heavy Oil Burner Products Offered
10.8.5 Oxilon Burners Recent Development
10.9 CIB Unigas
10.9.1 CIB Unigas Company Information
10.9.2 CIB Unigas Introduction and Business Overview
10.9.3 CIB Unigas Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CIB Unigas Heavy Oil Burner Products Offered
10.9.5 CIB Unigas Recent Development
10.10 Elco Burners
10.10.1 Elco Burners Company Information
10.10.2 Elco Burners Introduction and Business Overview
10.10.3 Elco Burners Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Elco Burners Heavy Oil Burner Products Offered
10.10.5 Elco Burners Recent Development
10.11 Rutli Burners
10.11.1 Rutli Burners Company Information
10.11.2 Rutli Burners Introduction and Business Overview
10.11.3 Rutli Burners Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Rutli Burners Heavy Oil Burner Products Offered
10.11.5 Rutli Burners Recent Development
10.12 F.B.R. Bruciatori
10.12.1 F.B.R. Bruciatori Company Information
10.12.2 F.B.R. Bruciatori Introduction and Business Overview
10.12.3 F.B.R. Bruciatori Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.12.4 F.B.R. Bruciatori Heavy Oil Burner Products Offered
10.12.5 F.B.R. Bruciatori Recent Development
10.13 Flamtec
10.13.1 Flamtec Company Information
10.13.2 Flamtec Introduction and Business Overview
10.13.3 Flamtec Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Flamtec Heavy Oil Burner Products Offered
10.13.5 Flamtec Recent Development
10.14 Eccs Burners
10.14.1 Eccs Burners Company Information
10.14.2 Eccs Burners Introduction and Business Overview
10.14.3 Eccs Burners Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Eccs Burners Heavy Oil Burner Products Offered
10.14.5 Eccs Burners Recent Development
10.15 Narayan Oil & Gas Burner
10.15.1 Narayan Oil & Gas Burner Company Information
10.15.2 Narayan Oil & Gas Burner Introduction and Business Overview
10.15.3 Narayan Oil & Gas Burner Heavy Oil Burner Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Narayan Oil & Gas Burner Heavy Oil Burner Products Offered
10.15.5 Narayan Oil & Gas Burner Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heavy Oil Burner Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heavy Oil Burner Industrial Chain Analysis
11.4 Heavy Oil Burner Market Dynamics
11.4.1 Heavy Oil Burner Industry Trends
11.4.2 Heavy Oil Burner Market Drivers
11.4.3 Heavy Oil Burner Market Challenges
11.4.4 Heavy Oil Burner Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heavy Oil Burner Distributors
12.3 Heavy Oil Burner Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

Why ‘The Market Reports’