What is Fire-Tube Boiler Market?
A fire-tube boiler is a type of boiler intended for transmitting hot gases from a fire through one or more tubes running through a sealed container of water. This procedure efficiently transmits the heat from the hot gas to the water, which efficiently produces steam. Fire-tube boiler is of simple design, easy to operate as well as the low cost to purchase. It is best suited to low to medium steam generation and pressure applications where the steam load is relatively constant and turns down and recovery are less critical such as commercial, institutional and heating, sanitizing and as steady-state process boilers. It is mostly used in railways, marines and industrial sectors.
The market study is being classified, by Application (Food Processing, Pulp and Paper, Chemical, Refinery, Primary Metal and Others) and major geographies with country level break-up.
Thermax (India), Cleaver-Brooks, Inc. (United States), Siemens (Germany), Bharat Heavy Electricals Limited (India), Amec Foster Wheeler (United Kingdom), Bosch Thermotechnology (Germany), Hurst Boiler & Welding Co Inc. (United States), Babcock and Wilcox (United States), Doosan (South Korea) and General Electric (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Fulton Financial Corporation (United States), Clayton Homes (United States), IHI Corporation (Japan) and Forbes Marshall Company (India).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Fire-Tube Boiler market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Fire-Tube Boiler market by Type, Application and Region.
On the basis of geography, the market of Fire-Tube Boiler has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Simple Design and Low Maintenance Cost
- Cheaper Than Water Tube Boiler
- Big Water Storage and Steam Storage
Market Trend
- Demand for Fire-Tube Boilers with Improved Features
Restraints
- Load Fluctuations Cannot Be Easily Handled
Opportunities
- Growing Demand for Medium and High Capacity Boilers
- Increasing Industrial Applications
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Fire-Tube Boiler Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user