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Europe Industrial Boiler Market Trends

  • Report ID: GMI5855
  • Published Date: Nov 2024
  • Report Format: PDF

Europe Industrial Boiler Market Trends

The expanding use of these units in refineries and the pulp & paper industry will propel the industrial boiler market. A growing focus on manufacturing facility expansion coupled with ongoing investments in the industrial sector will positively impact the development of these units. Additionally, the rapid integration of renewable energy and government-driven advancements across various industries will enhance the industry potential. Moreover, growing investments from both public and private sectors to expand the manufacturing industry, combined with heightened efforts to reduce carbon emissions, will positively influence the business scenario.
 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The European market for industrial boiler was reached USD 2.5 billion in 2024 and is estimated to grow at a 3.5% CAGR from 2025 to 2034, driven by stringent government policies and increased economic growth investments.

The water tube industrial boiler market is expected to surpass USD 2 billion by 2034, led by the adoption of energy-efficient systems in industries such as pulp & paper, food processing, and chemicals.

The food processing industrial boiler market is anticipated to grow at a CAGR of around 4% through 2034, supported by rising disposable incomes and a shift towards processed foods.

The Germany industrial boiler market is set to exceed USD 800 million by 2034, propelled by the rapid installation of advanced boiler units and increased industrial sector spending.

Key players in the Europe industrial boiler market include Babcock & Wilcox, Bosch Industriekessel, Clayton Industries, Cochran, Doosan, FERROLI, Forbes Marshall, Fulton, Hoval, Hurst Boiler & Welding, IHI, John Cockerill, John Wood Group, Miura America, Mitsubishi Heavy Industries, Rentech Boilers, Thermax, and Viessmann.

Europe Industrial Boiler Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 18
  • Tables & Figures: 8
  • Countries covered: 9
  • Pages: 100
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