Condensing Low Temperature Industrial Boiler Market Size – By Temperature, By Product, By Capacity, By Fuel, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Condensing Low Temperature Industrial Boiler Market Size

The global condensing low temperature industrial boiler market was valued at USD 440.7 million in 2024 and is estimated to grow at a CAGR of 4.6% from 2025 to 2034. The modernization of aging industrial infrastructure and rapid urbanization growth coupled with strategic upgradation of existing boiler systems with smart features will proliferate the industry landscape. Burgeoning investments in energy-efficiency, and durable, corrosion-resistant cutting-edge boiler designs will bolster the industry outlook. For instance, in 2023, the ‘Infrastructure Investment and Jobs Act’ investment allocated USD 75 billion in clean energy.
 

A condensing low-temperature industrial boiler is an advanced ecofriendly heating system focused on maximizing energy usage by recovering latent heat from exhaust gases. It effectively functions at lower temperatures and minimizes emissions, fuel usage, and leverages durable, corrosion-resistant components for enhanced durability. The growing demand for environmentally friendly energy solutions will spur the deployment of industrial boiler. Moreover, continuous innovation in advanced control systems with condensing technology will facilitate product penetration.
 

Condensing Low Temperature Industrial Boiler Market Trends

The industry is poised for rapid growth propelled by increasing consumption of energy-efficient and low-emitting heating technologies across various industrial sectors. The need for precise & consistent temperature control in industries including food processing or primary metals in line with increased investments in innovation, quality enhancement, and adherence to energy efficiency standards will propel the industry expansion. Furthermore, stringent environmental regulations pertaining to reduce emission in conjunction with supportive government efforts and incentives program toward adoption of sustainable solutions will energize the demand for low temperature industrial boiler.
 

Condensing Low Temperature Industrial Boiler Market Analysis

The > 160°F - 180°F condensing low temperature industrial boiler will exceed USD 300 million by 2034. These boilers are built with the ability to control a low temperature for the precise needs of industries including food processing, refineries, chemicals, and other industrial processes that require the optimal temperature for their products and processes. The increasing interest in energy-efficient technologies, especially the combination of boilers and renewable energy systems will boost the business growth. Moreover, developments in the IoT-based remote monitoring and predictive maintenance systems that are designed to reduce downtime and increase efficiency will stimulate the industry penetration.
 

The chemical condensing low temperature industrial boiler market size will witness a growth rate of over 4% through 2034. The industry is poised for substantial growth fueled by stringent environmental regulations targeting emission reductions and the adoption of advanced management systems. Modern boilers are designed with a combination of innovative safety measures, automatic shutdown, and monitoring systems reducing the risk of violation of safety levels in industries, thereby accelerating the industry potential. Furthermore, the rising demand for chemical products and business intelligence systems in agrochemicals, pharmaceuticals, and specialty chemicals will increase the demand for reliable and efficient heating systems.
 

U.S. condensing low temperature industrial boiler market is set to reach over USD 80 million by 2034. The growing transition to cleaner fuels including natural gas in boiler operations to meet regulatory standards and reduce environmental impacts coupled with the upgrade of traditional boilers to high-efficiency models will create positive business scenario. Additionally, stringent emission regulations from the U.S. EPA and state-level authorities which encourage the adoption of cleaner heating systems in line with continuous advancements in emissions control & heat transfer efficiency technologies will strengthen the industry trajectory.
 

The Asia Pacific condensing low-temperature industrial boiler market is witnessing rapid growth on account of rapid industrialization and economic expansion in emerging economies. Increased demand for boilers in construction materials, steel, and cement production, together with rising construction activities, will propel the business penetration. Moreover, increasing investment in new buildings with government initiatives promoting energy efficiency will drive the industry dynamics.
 

Condensing Low Temperature Industrial Boiler Market Share

Rivalry is based on the degree of competition and how this drives technological advances, compliance with regulations, and the global focus on energy efficiency. Industry leading firms are developing improved non-ferrous metal along with integration of smart control systems, low NOx burners, and heat retention maximizing designs boilers specifically designed to meet strict emission limitations and operational efficiency requirements. In addition, competition is fueled by the increasing investment in research and development, provision of service oriented affordable customized solutions, and development of a strong service network to address different industrial needs.
 

Condensing Low Temperature Industrial Boiler Market Companies

Major players operating in the condensing low temperature industrial boiler industry are:

• Ariston Holding
• Babcock Wanson
• Bosch Industriekessel
• Bradford White Corporation
• Burnham Commercial Boilers
• Cleaver-Brooks
• Cochran
• Ferroli
• Fondital
• Fulton
• Hoval
• Hurst Boiler & Welding
• IHI Corporation
• Miura America
• Precision Boilers
• Thermax
• Vaillant Group International
• Viessmann
   

Condensing Low Temperature Industrial Boiler Industry News

• In July 2024, Thermax's subsidiary, TBWES, will install two CFBC boilers with a total capacity of 550 TPH under a USD 61 million contract awarded by a leading industrial conglomerate. This contract forms part of an energy project under which a 300 MW power plant is being built. Thermax promotes and supports this project with the purpose of strengthening its position in the energy infrastructure market. As part of the contract, TBWES is responsible for the entire scope of the project which includes engineering, design, testing and supervision of the boilers.
   
• In March 2023, Fulton has released the traditional vertical steam boiler for steam generation. It uses oil, gas or propane/LPG fuel and has a rated output of 100-300 kW at 10.34 Barg with an efficiency of over 84%. Built for rugged long-term use, it proves to be economical for various industrial purposes.
   

The condensing low temperature industrial boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Units), capacity (MMBTU/hr) & revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Temperature

• ≤ 120°F
• > 120°F - 140°F
• > 140°F - 160°F
• > 160°F - 180°F

Market, By Product

• Fire Tube
• Water Tube

Market, By Capacity

• 10 MMBTU/hr
• 10 - 25 MMBTU/hr
• 25 - 50 MMBTU/hr
• 50 - 75 MMBTU/hr
• 75 - 100 MMBTU/hr
• 100 - 175 MMBTU/hr
• 175 - 250 MMBTU/hr
• > 250 MMBTU/hr

Market, By Fuel

• Natural Gas
• Oil
• Coal
• Others

Market, By Application

• Food Processing
• Pulp & Paper
• Chemical
• Refinery
• Primary Metal
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • Australia
  • India
  • Japan
  • South Korea
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Türkiye
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Argentina