Industrial Boiler Market worth $20.75 billion by 2030 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., April 4, 2025 /PRNewswire/ -- The report 'Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler ...

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Industrial Boiler Market worth $20.75 billion by 2030 - Exclusive Report by MarketsandMarkets™ PR Newswire April 4, 2025 6 min read DELRAY BEACH, Fla., April 4, 2025 /PRNewswire/ -- The report ' Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler Horsepower, End-use Industry (Chemical & Petrochemical, Food, Pulp & Paper) And Region – Global Forecast To 2030', industrial boiler market size is projected to reach USD 20.75 billion by 2030 from USD 17.22 billion in 2025, at a CAGR of 3.8% during the forecast period.

Browse in-depth TOC on 'Industrial Boiler Market' 303 – Tables 55 – Figures 243 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130210505 The global market for industrial boilers is growing at a very high rate because of industrial expansion, the increased need for energy, and the adoption of new and eco-friendly heating systems.

Steam and hot water boilers that have a high capacity are needed by various sectors including power generation, chemicals, food processing, oil and gas, manufacturing, which IDREO aims to support, and this in turn boosts the demand.

Furthermore, the increasing focus on energy conservation and lower carbon emission has enabled replacing the traditional fuel-based boilers with cleaner gas, bio-mass, and other fuels.

Industries are now being forced to shift to more environmentally friendly options like low emission high efficiency boilers owing to stricter policies such as EPA Boiler MACT standards, EU Industrial Emissions Directive (IED).

Innovations like smart automation, IoT monitoring, waste heat recovery and other new technologies are improving boiler functionality, cutting costs, and boosting eco-friendliness at the same time.

The entire world is shifting to investing and supporting cleaner infrastructure, which in turn helps the market grow further.

The demand for advanced boiler systems is also increasing due to quick industrialization in emerging countries in the Asia Pacific, Middle East, and Africa.

Fire tube boiler has the largest market share in the industrial boiler market during the forecast period .

Due to cost effectiveness, simple operation, and widespread applicability, fire-tube boilers are the most popular in the industrial boiler segment.

Foods, textiles, pharmaceuticals, and small and medium scale power plants all have low maintenance needs and simple compact designs, which makes them favorable for these industries.

In low to medium pressure applications, typically less than 250 psi, fire-tube boilers are quite popular and do exceptionally well.

These units effectively provide steam for process heating, HVAC systems, and smaller scale steam-intensive industrial operations.

Moreover, today's fierce competition around regulatory requirements fuels the attractiveness of these systems for use in modern industries, thanks to elimination of emissions and amplified efficiency.