BOILER INDIA 2020, the first of its kind event for the boiler industry, is all set to present itself as a perfect rendezvous for the boiler manufacturers, suppliers, customers, and industry experts to explore future opportunities, challenges and possibilities arising for the emerging boiler market.
Organized by ORANGE BEAK Technologies Pvt. Ltd. with support from the Directorate of Steam Boilers, Maharashtra, BOILER INDIA 2020 will be held at the CIDCO exhibition center, Vashi, Navi Mumbai from Feb 21 – 23, 2020.
Boilers are used in a large number of industries such as food and beverages, manufacturing, textiles, chemicals, etc.
Rapid growth in manufacturing sectors across the globe, changing demands of consumer industries pushing the boiler technology development, significant focus of boiler manufacturing companies on development of highly efficient and safe boilers, availability of public as well private funds for research, and favorable regulatory scenario, are some of the key factors that are driving market growth in the industry.
According to the reports, the global industrial boiler market was valued at USD 12.80 billion in 2018 and is expected to reach USD 20 billion by the year 2026, at a CAGR of 5.8%.
The Asia Pacific is expected to account for about 40% of the global industrial boilers market, holding the highest growth rate among various boiler markets.
India is expected to be a key driver of the growth in Asia with the high growth potential of the key consumer industries and globally acclaimed ‘Make in India’ program for its manufacturing sector.
This offers a great opportunity for boiler manufacturers, accessory producers, ancillaries and service firms to connect with each other and showcase their goods, wares, and services at the event for the Indian market and as well as markets largely across Asia.
The event will comprise of about 206 exhibitors and 24 thought-provoking seminars.
For more details visit, https://boilerindia2020.com/