Energy-Efficient Heating Solutions Drive Growth in Industrial...

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2026-06-05 16:12:56

Energy-Efficient Heating Solutions Drive Growth in Industrial Boiler Market

The global industrial boiler industry was valued at US$ 12.2 billion in 2022. The market is anticipated to expand at a CAGR of 4.4% from 2023 to 2031 and is expected to reach US$ 18.0 billion by 2031. Increasing demand for steam and heat generation across industries such as chemicals, food & beverages, oil & gas, pharmaceuticals, and power generation is driving market growth globally....

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