Drivers: Increase in global power generation spurring demand for industrial burners
In 2022, global electricity demand will rebound significantly. Global electricity demand is expected to grow by nearly 4% in 2022, after falling by about 1% in 2020. The Asia-Pacific region is expected to account for 1% of overall electricity demand
largest share. By 2022, China, as one of the world's largest energy consumers, will account for nearly 50% of global energy growth. India, the third largest consumer, will account for 9% of global growth.
The IEA said that under the established policy scenario, global electricity demand is expected to grow at an annual rate of 2.1% until 2040, twice the growth rate of primary energy demand. This will enable the power to eventually
The proportion of total energy consumption will increase from 19% in 2022 to 24% in 2040. Rising incomes, growing industrial production and rapid expansion of the services sector are driving energy demand. According to U.S. Energy
The Information Agency (EIA) predicts that global energy consumption is expected to increase by approximately 50% between 2018 and 2050. Much of this growth is concentrated in regions experiencing substantial economic growth, particularly Asia-Pacific.
In 2021, the Asia-Pacific region is the world's largest electricity consumer region, accounting for approximately half of the world's total consumption. According to the International Energy Agency, electricity demand in Southeast Asia is growing at an average of 6% per year.
Additionally, power plant boilers use a variety of fuels such as coal, natural gas, petroleum, and biomass/waste to generate high-pressure steam that allows the plant to generate electricity. Therefore, the increase in the use of boilers in power plants will increase
Increase the demand for industrial burners, which are an integral part of industrial boilers.
2.Limitations: Boiler burners require significant capital investment
The production of boiler-based industrial burners is a capital-intensive process. Businesses should focus on raw materials that can be purchased economically and supplied uninterrupted over the long term. Select and purchase industrial boilers (including
Raw materials and other auxiliary components (including industrial burners) require a lot of research and development and funding. Once completed, extensive R&D, engineering and design activities will be carried out on the project, which are
Time and capital intensive.
The construction of industrial boiler plants also requires significant investments in engineering, procurement and construction (EPC) or turnkey services, technology investment and fuel procurement. Maintenance, technical installation, after-sales service.
Post-construction stages also require significant capital investment.
The cost of industrial boilers varies largely due to differences in design parameters and level of after-sales support. Compared to standard industrial boilers, economical industrial boilers have a shorter service life and warranty.
The period is shorter and the level of customer support is lower. Boiler spending patterns influence the purchase cost of industrial burners. All of these factors can affect the overall cost of industrial burners and lead to high procurement costs,purchase and maintenance costs.
3. Opportunity: Leveraging 3D printing technology to develop advanced liquid and gas burners
3D printing technology has helped develop many complex products and significantly reduced production costs. Use 3D printing technology to produce burners with carefully designed liquid and gas flames. For example, famous
Euro-K GmbH, a manufacturer of power conversion equipment, has developed compact technical burners to increase fuel consumption and provide significant performance flexibility. When the amplifier produces a mixture of fuel and air.
Micro burners can burn both gaseous and liquid fuels.
In addition, 3D technology is also used in the marine field, where improved and technologically advanced industrial burners are used and act as catalysts in the process of injecting diesel or oil into the furnace to ignite the ship's boiler,
Steam is produced to drive the turbine, which drives the turbine. Boat. All these factors may bring huge opportunities for industrial burners developed using 3D printing technology.
4.Challenge: Complexity of Industrial Burner Retrofit, Maintenance and Replacement
Existing industrial burners use carbon steel rotary regulators and operate with ambient forced draft combustion air. The challenges associated with the complex retrofit process of industrial burners vary from project to project. For example, Zeeco, one of the leading manufacturers of industrial burners, faced issues related to the industrial burner retrofit procedure as the existing designs were quite complex. This project was launched in 2020 for the United States and Mexico
Implementation of a crude oil heater processing furnace burner renovation project for a large refinery along the Gulf Coast. The original burner rotary regulator had stopped working and was stuck in one position. Moreover, even if it is about to be collected
After the silver machines are restored to working order, the carbon steel materials can also oxidize in the high humidity and high salinity air of the Gulf Coast, causing them to freeze again within a short period of time. In addition, during the pre-construction project
There was insufficient time to make any ground adjustments to the furnace during the turnaround time. Therefore, the proposed solution cannot include any heater floor or refractory modifications, and retrofit combustion
The burner must be compatible with the furnace's existing burner installation. All these factors will pose challenges to the industrial burner market.