Home > Energy & Power > Electrical Equipment > Boilers > Condensing Fire-Tube Food Processing Boiler Market
Condensing Fire-Tube Food Processing Boiler Market Size
- Report ID: GMI11518
- Published Date: Sep 2024
- Report Format: PDF
Condensing Fire-Tube Food Processing Boiler Market Size
The global condensing fire-tube food processing boiler market size was valued at USD 129.1 million in 2023 and is estimated to grow at a CAGR of 5.3% from 2024 to 2032. Increasing adoption of sustainable systems coupled with technological advancements in heating units to reduce emissions will influence the business landscape. Rapid industrialization in emerging economies in association with growing investments in industrial infrastructure will create favorable a business scenario. For instance, in June 2024, the European Commission implemented the Net Zero Industry Act, aiming to boost the clean technological adoption.
A condensing fire-tube food processing boiler is a type of high-efficiency boiler specifically designed for use in food processing plants. It operates on the fire-tube principle, where hot gases produced by combustion pass through tubes that are submerged in water. Moreover, ongoing refurbishment and expansion of industrial facilities in conjunction with the need for better steam generation will drive the adoption industrial boiler market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Condensing Fire-Tube Food Processing Boiler Market Size in 2023: | USD 129.1 Million |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 5.3% |
| 2024 – 2032 Value Projection: | USD 205.5 Million |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 45 |
| Segments covered: | Capacity, Fuel and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Condensing Fire-Tube Food Processing Boiler Market Scope
