Market research Future Industrial Boiler Market-PDF | Page 4
Industrial Boiler Market Research Report- Forecast to 2027
Market Research Analysis: -
Global Industrial Boiler Market - Regional Analysis
Asia Pacific is another major region for the industrial boiler. China, Japan, India, and Singapore are the
major market in Asia Pacific region. The increase in number of investments in petrochemicals refinery
projects such as ethylene steam cracker project will be one of the major factors fueling market growth in
this region. Key players across the globe are gradually shifting their production facilities to cater to high
potential markets in Asia Pacific mainly due to the availability of low-cost labor and ample raw material
stocks. This has the positive influence on the growth of the market. Middle East regions is also expected
to contribute significantly during the forecast period mainly due to growing demand from power plants &
refineries.
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