Industrial Boiler Market Size Trends, Analysis, and Forecast till 2035

Published Apr 01, 2024

Length 167 Pages

SKU # PRMI20292786

Description

The Industrial Boiler Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

An industrial boiler is a closed vessel that uses fossil fuels to produce heat for various industrial purposes. It offers high efficiency, versatility, and durability. The industrial boiler market is driven by rising global energy demand, industrialization, cleaner energy technologies, environmental regulations, and investment in power generation capacity. The future growth is driven by rapid industrialization, urbanization, environmental concerns, and technological advancements in renewable energy integration.

Report Highlights:

Industrial boiler market size [D1] is valuated at USD 15.6 Billion in 2025.

Target market size is expected to grow at a valuation of USD 24.4 Billion by 2035 and at a CAGR of 5.0%.

Based on boiler type, the fire tube segment is expected to rule over the industrial boiler market share.

Dependent on fuel type, the natural gas and biomass segment is dominating the industrial boiler market share.

Contingent to function, the steam boilers segment is holding the superior position in the industrial boiler market size.

Stemming from boiler horsepower, the 10-150 BHP segment is governing the industrial boiler market growth.

According to end-use industry, the chemical industry is in charge of the industrial boiler market growth.

Under region, Asia Pacific is the region which is influencing the industrial boiler market share.

Europe is the region which has the industrial boiler market share growing with the highest CAGR during the forecast period.

Key Highlights:

In June 2023, AtmosZero, the company on a mission to decarbonize process steam, has officially emerged from stealth mode to revolutionize the way steam is made with its carbon-neutral electrified boiler. As part of its launch, AtmosZero is also announcing a partnership with manufacturing leader Danfoss for its first pilot project with New Belgium Brewing.

Report Analysis:

Energy Management in Industrial Boilers:

Makeup water management.
Condensate and blow down system management.
Improve boiler combustion and waste recovery system.
Steam and condensate system management.

Segmentation:

By Boiler Type:

Water Tube
Fire Tube

By Fuel Type:

Natural Gas and Biomass
Coal
Oil
Others

By Function:

Hot Water
Steam

By Boiler Horsepower:

Less Than 10 BHP
10-150 BHP
151-300 BHP
Greater Than 301 BHP

By End-Use Industry:

Food
Chemical
Refineries
Primary Metal
Others

By Region:

North America
U.S.
Canada
Europe
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
Israel
South Africa
Rest of Middle East & Africa

Industrial Boiler Market Companies:

Thermax Limited

IBL

SITSON INDIA LTD.

Forbes Marshall

ALFA LAVAL

Babcock & Wilcox Enterprises, Inc.

Bosch Industriekessel GmbH

Cleaver-Brooks

Hurst Boiler & Welding Co, Inc.

IHI Corporation

Miura America Co., LTD.

ZHENGZHOU BOILER(GROUP) CO.,LTD.

Siemens

GE Vernova

MITSUBISHI HEAVY INDUSTRIES, LTD.

What You’ll Gain from This Report:

Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.

This report provides the strategic intelligence you need to navigate a dynamic market landscape and make decisions that propel long-term success.

FAQs:

Key Questions Answered in the Report.

1. What was the Industrial Boiler Market size in 2025?

2. What is projected growth rate of the Industrial Boiler Market during 2025-2035?

3. What are the key factors driving the Industrial Boiler Market growth?

4. What are leading players in the Industrial Boiler Market?

5. What are the key regions analyzed in the Industrial Boiler Market?

6. Which region is dominating in the Industrial Boiler Market?

Research Objective and Assumption: Research Objectives; Assumptions; Abbreviations; Market Preview
Report Description: Market Definition and Scope; Executive Summary; Market Snippet, By Boiler Type; Market Snippet, By Fuel Type; Market Snippet, By Function; Market Snippet, By Boiler Horsepower; Market Snippet, By End-Use Industry; Market Snippet, By Region; Opportunity Map Analysis; Market Dynamics, Regulations, and Trends Analysis; Market Dynamics; Drivers; Restraints; Market Opportunities; Market Trends; Product Launch; Merger and Acquisitions; Impact Analysis; PEST Analysis; Porter’s Analysis; Usage of Alternative Fuel in Boiler; Energy Management in Industrial Boiler; Relations for Individual Boiler Losses; Market Segmentation, By Boiler Type, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Segment Trends; Water Tube
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Fire Tube
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Market Segmentation, By Fuel Type, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Segment Trends; Natural Gas and Biomass
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Coal
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Oil
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Others
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Market Segmentation, By Function, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Segment Trends; Hot Water
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Steam
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Market Segmentation, By Boiler Horsepower, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Segment Trends; Less Than 10 BHP
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; 10-150 BHP
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; 151-300 BHP
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Greater Than 301 BHP
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Market Segmentation, By End-Use Industry, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Segment Trends; Food
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Chemical
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Refineries
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Primary Metal
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Others
Overview: Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years; Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview: Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years; Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years; Regional Trends; North America; Market Size and Forecast (USD Bn), By Boiler Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Fuel Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Function, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Boiler Horsepower, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By End-Use Industry, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years; U.S.; Canada; Asia Pacific; Market Size and Forecast (USD Bn), By Boiler Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Fuel Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Function, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Boiler Horsepower, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By End-Use Industry, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years; China; India; Japan; Australia; Indonesia; Malaysia; South Korea; Rest of Asia Pacific; Europe; Market Size and Forecast (USD Bn), By Boiler Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Fuel Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Function, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Boiler Horsepower, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By End-Use Industry, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years; Germany; U.K.; France; Russia; Italy; Spain; Netherlands; Rest of Europe; Latin America; Market Size and Forecast (USD Bn), By Boiler Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Fuel Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Function, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Boiler Horsepower, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By End-Use Industry, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years; Brazil; Mexico; Argentina; Rest of Latin America; Middle East and Africa; Market Size and Forecast (USD Bn), By Boiler Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Fuel Type, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Function, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Boiler Horsepower, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By End-Use Industry, Forecast Period up to 10 Years; Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years; GCC; Israel; South Africa; Rest of Middle East & Africa

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