Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Fuel Type (Natural Gas & Biomass, Coal, Oil, Others), By Boiler Type (Fire-Tube, Water-Tube), By Boiler Horsepower (10-150 BHP, 151-300 BHP, 301-600 BHP), By End-Use Industry (Chemical, Food, Refineries, Metals & Mining, Others) And Competitive Landscape
According to 6Wresearch, Middle East Industrial Boilers Market is expected to grow throughout the forecast period 2021-2027. The increasing industrialization in this region and increase in refineries and power plants are driving factors for the market. Also, due to global environmental concerns, the demand for energy-efficient boilers is rising. Further, the growing investments and rise of government spending for infrastructure are going to spur the growth of the market. However, the high maintenance, installation, and repair cost are restraining factors. However, the COVID-19 pandemic and lockdown restrictions across this region have affected industrial activities including disruption of the supply chain. The outbreak has resulted in the shutdown of many manufacturing facilities which had a significant impact on the production of boilers.
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