CHICAGO, May 4, 2022 /PRNewswire/ According to the new market research report "Industrial Burner Market by Type (Regenerative, High Thermal, Radiant, Direct-Fired), Fuel Type (Oil, Gas, Dual
/PRNewswire/ According to the new market research report "Industrial Burner Market by Type (Regenerative, High Thermal, Radiant, Direct-Fired), Fuel Type.
Business people
The changes support Superior’s expansion in Hutchinson with the relocation of its Richmond, Virginia, manufacturing facility.
Mark Yates has been promoted to National Sales Manager, Watertube Boiler Division. As a key part of the Hutchinson leadership team, he will oversee growth strategies for the watertube boiler business, with responsibility for customer development, sales representative network support and marketing initiatives.
Yates previously was Assistant Operations Manager for Superior’s Hutchinson boiler manufacturing operations. He is experienced in technical sales, business development and project management that involves key customers and accounts. He holds a bachelor’s degree from the University of Kansas.
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“Major players operating in the steam boiler system market include Bosch (Germany), GE (US), Alfa Laval (Sweden), Thermax (India), Cochran (UK), Viessmann (Germany), and Doosan (South Korea).”
Focus on renewable energy sources for power generation and high installation costs could act as restraints for the steam boiler system market.
According to the new market research report
“Steam Boiler System Market by Component (Boiler, Economizer, Superheater, Air Preheater, and Feed Pump), Type (Watertube Boiler, and Fire Tube Boiler), Fuel (Coal, Gas, Biomass, Oil, and Electric), End-user, and Region- Global Forecast to 2023″, The steam boiler system market is expected to grow from an estimated USD 17.66 billion in 2018 to USD 21.63 billion by 2023, at a CAGR of 4.13%. Increase in demand for electricity is forcing the National Governments to increase power generation capacity by setting up new power plants which is driving the demand for steam boiler system in power plant