Core Viewpoint - The industrial steam market in China is experiencing significant growth due to the increasing demand from various industrial sectors, with a projected market size of 19.346 billion yuan by 2024 and a consumption volume of 48,730 million GJ [1][17]. Group 1: Industry Overview - The industrial steam industry is characterized by high energy utilization efficiency and environmental benefits, making combined heat and power (CHP) a key development trend in regional heating [1]. - The industrial steam market in China is the largest globally, with industrial heat demand nearly double that of electricity consumption [17]. - The supply of industrial steam in China is projected to reach 67,161 million GJ in 2024, indicating a robust growth trajectory [14]. Group 2: Market Structure - The competitive landscape of the industrial steam industry includes three main types of companies: heating companies, self-owned heating enterprises, and self-owned industrial enterprises, with heating companies holding approximately 54% of the market share [2]. - The industry is regionally concentrated, with companies establishing operations in industrial parks to leverage local demand and create competitive advantages [2][20]. - Major players in the industrial steam sector include Ningbo Energy, New Zhonggang, Hangzhou Thermal Power, and others [20][22]. Group 3: Market Dynamics - The industrial steam industry is supported by a comprehensive supply chain, with upstream activities involving equipment manufacturing and raw material supply, while downstream applications span various sectors such as chemicals, paper, food, and textiles [10][11]. - The market price for industrial steam is approximately 39.7 yuan per GJ, reflecting the industry's pricing dynamics [17]. Group 4: Research and Analysis - The research team employs various analytical models, including SCP, SWOT, and PEST, to assess the market environment, competitive landscape, and potential investment opportunities within the industrial steam sector [3]. - A detailed report titled "2025-2031 China Industrial Steam Industry Development and Investment Potential Forecast" has been compiled to provide insights for enterprises and investment institutions [28].