Condensing Low Temperature Industrial Boiler Market – By Temperature, By Product, By Capacity, By Fuel, By Application and 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 coupled with strategic upgrades to existing boiler systems will proliferate the industry landscape.
 

Rising investments in cutting-edge boiler designs featuring advanced energy-efficient technologies in association with the integration of durable and corrosion-resistant components will escalate the business outlook. For instance, in 2023, the Infrastructure Investment and Jobs Act strategically allocated USD 75 billion to drive advancements in clean energy.
 

A condensing low-temperature industrial boiler is an advanced heating system designed to maximize energy efficiency by recovering latent heat from exhaust gases. It operates effectively at lower temperatures, minimizing fuel consumption and emissions, while leveraging corrosion-resistant components for enhanced durability. The growing emphasis on environmental sustainability along with rising demand for cleaner and more eco-friendly energy solutions will energize the deployment of industrial boiler. Furthermore, ongoing innovations in condensing technology and the incorporation of advanced control systems will escalate the product penetration.
 

Condensing Low Temperature Industrial Boiler Market Trends

The industry is set for significant growth driven by the rising demand for energy-efficient and low-emission heating solutions across diverse 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 industry will exceed USD 300 million by 2034. These boilers are specifically designed for applications in industries including food processing, refineries, chemicals, and other industrial processes, where precise temperature control is essential to maintaining product quality and operational efficiency. The growing emphasis on energy-efficient technologies in tandem with the integration of boilers with renewable energy systems will stimulate the business dynamics. Moreover, advancements in IoT-driven remote monitoring and predictive maintenance solutions aimed at minimizing downtime & optimizing performance will bolster the industry growth.
 

The chemical condensing low temperature industrial boiler market size will witness a growth at a CAGR of over 4% till 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 now equipped with innovative safety features, automatic shutdown and monitoring systems, ensuring compliance with the strict safety standards in sectors including chemicals, thereby boosting the industry potential. Additionally, the growing demand for chemical products particularly in agrochemicals, pharmaceuticals, and specialty chemicals along with the need for efficient & reliable heating solutions will augment the business landscape.
 

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. Urban development and a surge in construction projects combine with rising demand for boilers in sectors including construction materials, steel production, and cement manufacturing will propel the business penetration. Additionally, increasing investments in new manufacturing facilities in tandem with government initiatives supporting energy efficiency will stimulate the business dynamics.
 

Condensing Low Temperature Industrial Boiler Market Share

The market is highly competitive, driven by technological innovations, strict regulatory requirements, and the increasing demand for energy-efficient solutions. Leading players in the industry focus on developing eco-friendly boilers that adhere to stringent emission standards while improving operational efficiency. Key advancements include smart control systems, low NOx burners, and designs that maximize heat retention. Additionally, companies are investing in R&D and offering tailored solutions, competitive pricing, and robust service networks to meet diverse industrial needs contribute to market rivalry.
 

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 secured a major USD 61 million contract with a prominent industrial conglomerate to provide two CFBC boilers of 550 TPH for a key energy project in Botswana. TBWES, a subsidiary of Thermax will manage the full project scope, including engineering, design, manufacturing, testing, and supervision of the boilers. This project plays a vital role in the development of a 300 MW power plant, which will contribute electricity to the national grid, reinforcing Thermax's leadership in energy infrastructure development.
   
• In March 2023, Fulton introduced the classic vertical steam boiler. This model, available with oil, gas, or Propane/LPG burners, delivers 100-300 kW outputs at 10.34 Barg, reaching up to 84% efficiency. Designed for long-term, reliable operation, it provides a cost-effective solution for a variety of industrial applications.
   

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
  • Turkiye
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Argentina