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Chemical Boiler Market Trends

Report ID: GMI6770
Published Date: Dec 2024
Report Format: PDF

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Chemical Boiler Market Trends

The implementation of stricter environmental regulations has accelerated the adoption of low-emission and ultra-low-production industrial boiler technologies promoting the greater product integration. This shift includes the utilization of cleaner fuels and advanced combustion methods to reduce greenhouse gas emissions, stimulating the business potential. The manufacturers are increasingly providing customized solutions to cater to the specific requirements of chemical plants, offering tailored designs that enhance efficiency and reliability for specialized chemical processes.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The global market size for chemical boiler was valued at USD 2.9 billion in 2024 and is projected to reach USD 4.2 billion by 2034, driven by a CAGR of 3.6% from 2025 to 2034.

The chemical boiler industry from water tube chemical boiler segment is expected to grow at a CAGR of over 3% by 2034, driven by advancements in energy efficiency and heat transfer technologies.

The U.S. market is set to surpass USD 500 million by 2034, driven by rising environmental concerns and stringent government regulations.

Major players in the industry include Babcock & Wilcox Enterprises, Babcock Wanson, Boilermech Holdings Berhad, Clayton Industries, Cleaver-Brooks, Cochran, FERROLI S.p.A, Forbes Marshalls, Fulton, Hurst Boiler & Welding, John Cockerill, and Maxima Boilers.