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The > 140°F - 160°F temperature segment will reach over USD 600 million by 2032. The prevalence of these systems is primarily seen in industrial facilities including manufacturing plants, primary metal industries, paper and pulp mills, and refineries. The adoption and stringent enforcement of government regulations aimed at pollution control have fueled a rise in replacing conventional heating systems which in turn will enhance the industry prospects.
The fire tube low temperature industrial boiler market size will witness growth rate of over 4.5% through 2032. The growing need for specialty chemicals and changing consumer tastes favoring processed food products have led to a notable increase in investments in new production facilities, fueling the business dynamics. Furthermore, the food and beverage sector has experienced substantial growth owing to changing consumption trends and increased disposable incomes, thereby rejuvenating the industry prospects.
The China low temperature industrial boiler market is set to surpass USD 900 million by 2032. The increasing popularity of affordable heating systems combined with a greater acceptance of low-emission units is set to propel the adoption of these technologies. The rising demand supported by ongoing advancements in boiler controls, designs and automation is enhancing efficiency, safety, and overall effectiveness. Consequently, industries are increasingly motivated to invest in state-of-the-art systems.
Growing emphasis on energy efficiency and environmental sustainability along with shifting consumer focus to limit carbon emissions will fuel the South Korea China low temperature industrial boiler industry. Increasing spending toward the development of industrial infrastructure along with ongoing modernization of existing facilities will drive the business outlook. Robust manufacturing base in line with improved living standards will further energize the industry dynamic.