Industrial Boilers Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Industrial Boilers Market is segmented By Type (Water Tube, Fire Tube), By Application (Chemicals & Petrochemicals, Food & Beverages, Paper & Pulp, Metals & Mining, Others), By Fuel Type (Oil & Gas, Biomass, Fossil, Non-Fossil), By Technology (Condensing, Non-Condensing), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned segments.

Industrial Boilers Market is segmented By Type (Water Tube, Fire Tube), By Application (Chemicals & Petrochemicals, Food & Beverages, Paper & Pulp, Me....

Industrial Boilers Market Size

Market Size in USD

CAGR4.7%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	4.7%
Market Concentration	Medium
Major Players	AMEC Foster Wheeler PLC, Siemens AG, Thermax Limited, Harbin Electric Corporation, Bharat Heavy Electricals Limited

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

Want to purchase customized report?
please let us know !

Industrial Boilers Market Analysis

The industrial boilers market is estimated to be valued at USD 17.46 Bn in 2024 and is expected to reach USD 24.15 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. The rising demand for steam and hot water across various industries such as chemical, refinery, paper, and food processing is driving the industrial boilers market.

Industrial Boilers Market Report Snapshots

Buy Now