Reverse Flame Steam Boiler Market Will Witness High Growth; Increasing Demand for Clean Energy to Reduce Carbon Emissions Will Promote Growth, says Fortune Business Insights

Pune, Oct. 05, 2020 (GLOBE NEWSWIRE) — The increasing demand for clean energy to reduce carbon emissions is driving the global reverse flame steam boiler market says Fortune Business Insights in a report, titled “Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2026.”Higher operating efficiency and greater heat transfer area with the use of flame steam boiler is a factor enabling the growth of the global reverse flame steam boiler market.An Overview of the Impact of COVID-19 on this Market:The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Click here to get the short-term and long-term impact of COVID-19 on this market.
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Top Players Overview:Some of the leading players operating in the global Reverse Flame Steam Boiler market include:Atlantic BoilersATTSUBoilerTechBosch IndustriekesselByworth BoilersICI CaldaieSpirax-Sacro EngineeringViessmann Werke Gmbh Co KgZhengzhou BoilerSazboilersBalkrishnaHurstboilerCFB BoilersUnicalBabcock Wanson SA
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Installation of Advanced Biomass Boiler by Trelleborg Will Facilitate GrowthTrelleborg AB, a global engineering group focused on polymer technology, based in Trelleborg, Sweden, announced the re-engineering of the steam production process at its Sri Lanka plant and introduction of an advanced biomass boiler. The introduction of the new boiler is likely to boost the global reverse flame steam boiler growth owing to the boiler ability to reduce carbon emissions by over 90%. Further, the launch of the gas-fired combined-cycle power plant is also likely to contribute to the global reverse flame steam boiler revenue. For instance, Longview Power President and CEO Jeff Keffer announced about their company’s plans to start a gas-fired combined cycle power plant near its existing coal plant. As the company is not into coal business this coal plant would be the last of its kind and from here the gas power plant would be further developed and used by the company for power generation.Furthermore, the increasing demand for clean energy to reduce the harmful effects on the environment and also reduce carbon emission is a factor driving the global reverse flame steam boiler market. Reverse flame steam boilers have higher efficiency as compared to traditional boilers due to the high heat transfer area and reduced fuel consumption. This factor is likely to fuel demand which in turn will enable growth of the global reverse flame steam boiler market. However, the high initial cost of installation of the reverse flame steam boiler and the high maintenance cost are factors restricting the flow of reverse flame steam boiler revenue. Moreover, the efficiency of these boilers gradually reduces with time which prompts the need for replacement, this aspect can repel the investors from investing in these boilers thus acting as a growth restraint of the global reverse flame steam boiler market.
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Increasing Utilization of Biomass as Fuel Will Enable Growth in EuropeGeographically, the global reverse flame steam boiler market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe is predicted to dominate the global reverse flame steam boiler market owing to the increasing use of natural gas and biomass as a fuel for boilers. Further, the adoption from traditional steam boilers to refined and energy-saving biomass-fired reverse flame steam boilers in countries such as Italy is driving the market in the region. Asia Pacific is expected to grow at a significant rate owing to the adoption of clean energy in countries such as China and India. The drift towards the clean source of energy in the USA and investment in gas-fired plants is likely to aid expansion of reverse flame steam boiler market in North America.Key Segmental Overview:By CapacityBy End-UseBy GeographyThe information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.Regional Analysis:North America (The USA and Canada)Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)Latin America (Brazil, Mexico and Rest of Latin America)Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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