Steam Boiler Hire Services: Applications and Market Trend

The global steam boiler hire service market reached USD21.63 in 2023 at a CAGR of 4.13% from an estimated USD 17.66 billion in 2018. Thus, it is evident from this data that the demand for Boiler hire services isincreasing daily across various end-user industries, such as power generation, oil and gas chemical processes, and many others. In this article, we will discuss the applications and the market trends of mobile steam boiler hire.
Let’s read it!

Applications of Steam Boiler hire

Steam boilers are portable boiler rooms, which areself-contained units that can rented to provide temporary boiler services for a variety of applications:

1. Cement production

Cement is one of the major industries and needs energy forthe power generation. That energy comes from heat generated from the boilers, making it ideal for cement energy. But the main thing is how steamers are maintained? The maintenance is done by boiler hire, they make sure about the
energy generation as well as proper working of the boilers.

2. Food Industry

When discussing the food industry, heat and steam arerequired for various operations like steaming, frying and sterilization. These operations aren’t affected; the food industry goes for boiler hire service.
They will automatically install the mobile steam boilers and maintain them on time without affecting the food business.

3. Pharmaceutic Industry

The Pharmaceutical industry uses steam to sterilizeequipment, materials and products. Since the steam temperate is very high and it's not easy for an average person to maintain steamers, boilers are rented, which will update things with time without affecting the whole industry.

Market Trends of Mobile Steam Boiler Hire

1. According to the IEA, electricity accounted for 19% ofthe total final energy consumption in 2018 and is anticipated to increase to 24% by 2040. Thus, it will make the steam boiler market revenue to flourish.

2. From 2023-2032, the Asia-Pacific steam boiler hire marketis expected to increase by 30%. This is because boiler hires can help with many tasks, from installing to maintaining.

3. Global Power demand is increasing at the rate of 2.1% peryear, leading to rapid urbanization and the installation of more boilers. As a result, Boiler hires are required for the maintenance of steamers.

Takeaway

Manufacturers offer Industrial boiler rental to assist customers in times of emergency and provide cost-effective temporary solutions. It will help you as well your business by providing a stable and
reliable steam energy source for a wide range of industries. So, it's your time to hire a boiler for your business and grow up in the market.