SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

April 04, 2016 06:00 ET

Key Trends Driving China Boiler and Auxiliaries Industry 2018: Report by Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Apr 4, 2016) - According to a new report, the boiler and auxiliary industry will grow steadily in the near future with the heat recovery steam generator (HRSG) boiler, industrial boiler, & power station boiler market sizes of 36,000 T / h, 526,600 T / h, & 438,700 T / h, respectively. In 2009-2013 the demand for small capacity coal-fired industrial boilers was noticeably reduced due to the execution of the coal ban policy in various medium & large sized cities. However, it was also accompanied by the growing single capacity use efficiency. The China's boiler & auxiliaries industry usually demonstrated a minor descending trend.

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The overall output cost of China boiler & auxiliaries industry went down from RMB 54.5 billion in 2009 to RMB 48 in 2012 at a yearly average rate of over 4 percent. The sales prices went down from RMB 54 billion in 2009 to RMB 47 billion in 2012, showing an average decrease of over 4.5 percent.

There are a number of market players for industrial boilers. Some of the major players of the market are Jianglian Heavy Industry, Taishan Group, Nantong Wanda Boiler, Jinding Boiler, and Hangzhou Boiler Group. The companies that are active mainly in the market for waste heat boilers include Jianglian Heavy Industry, Hangzhou Boiler Group, Yancheng Boilers Manufacturing, Dongfang Boiler Group, Suzhou Hailu Heavy Industry, and Wuxi Huaguang Boiler etc.

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Pertaining to the market for power station boilers, Harbin Electric, Dongfang Electric, and Shanghai Electric with research & development as well as production capacity for entire sets of large scale power plants equipment comprise the 'first echelon' of power plant equipment production as well as boiler production in China. The 3 power station boiler production enterprises have accounted for more than 60 percent of the total share of the market for power station boiler market.

The report covers the overview, size, policies of China boiler and auxiliaries industry, industry chain, and the analysis of China boiler market sectors such as waste heat boiler, industrial boiler, & power station boilers, the industry competition pattern as well as the future trends.

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