Fire-Tube Condensing Low Temperature Industrial Boiler Market Size

The global fire-tube condensing low temperature industrial boiler market was valued at USD 139.7 million in 2024 and is estimated to grow at a CAGR of 4.3% from 2025 to 2034. The transformation of aging industrial infrastructure along with upgrade of existing boiler units will augment the business dynamics. Growing investments in advanced and high-efficiency boiler designs in conjunction with the incorporation of corrosion-resistant & durable components will elevate the industry potential.

A fire-tube condensing low-temperature industrial boiler is an energy-efficient heating system designed for industrial applications, where hot gases produced by combustion pass through tubes surrounded by water. The increasing focus on environmental sustainability coupled with the rising demand for cleaner and eco-friendly energy solutions will drive the adoption of industrial boiler. Furthermore, advancements in condensing technology in line with the integration of sophisticated control systems will enhance the industry prospects.

Fire-Tube Condensing Low Temperature Industrial Boiler Market Trends

The industry is poised for substantial growth driven by the increasing demand for low-emission heating and energy-efficient solutions across various industrial sectors. Growing requirement for precise & reliable temperature control systems in industries including primary metals and food processing will positively influence the industry scenario. Furthermore, stringent environmental regulations aimed at reducing emissions coupled with supportive government initiatives and incentive programs promoting sustainable solutions will drive the demand for low temperature industrial boiler.

Fire-Tube Condensing Low Temperature Industrial Boiler Market Analysis

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The > 160°F - 180°F fire-tube condensing low temperature industrial boiler industry will exceed USD 100 million by 2034. These boilers are engineered for use in industries comprising of food processing, chemicals, refineries, and other industrial processes, where precise temperature control is crucial for ensuring product quality and operational efficiency. The increasing focus on energy-efficient technologies combined with the integration of boilers into renewable energy systems will strengthen the industry landscape. Additionally, advancements in IoT-based remote monitoring and predictive maintenance solutions designed to reduce downtime & optimize performance will fuel the product demand.

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The chemical fire-tube condensing low temperature industrial boiler market size will witness a growth rate of over 3.5% through 2034, driven by stringent environmental regulations focused on emission reductions and the adoption of advanced management systems. These boilers are now associated with cutting-edge safety features, monitoring systems, and automatic shutdown ensuring compliance with rigorous safety standards, which in turn will stimulate business dynamics. In addition, the increasing demand for chemical products, particularly in pharmaceuticals, agrochemicals, and specialty chemicals in tandem with the growing need for reliable heating solutions will bolster the industry growth.

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U.S. fire-tube condensing low temperature industrial boiler market is set to reach over USD 25 million by 2034. The continuous focus on reducing carbon emissions and improving operational efficiency will propel the industry penetration. Moreover, heightened investments in innovation, quality improvements and compliance with energy efficiency standards coupled with substantial investments in expansion of industrial facilities will foster the business momentum.

The Europe fire-tube condensing low temperature industrial boiler market is experiencing rapid growth driven by industrialization and economic expansion in key regions. Urban development, a rise in construction projects, and increased demand for boilers in industries including steel production, construction materials & cement manufacturing will positively influence the business opportunities. Furthermore, growing investments in new manufacturing facilities combined with government initiatives promoting energy efficiency will strengthen the industry trajectory.

Fire-Tube Condensing Low Temperature Industrial Boiler Market Share

The market is fiercely competitive, fueled by technological innovations, rigorous regulatory requirements, and increasing demand for energy-efficient solutions. Industry leaders are focusing on developing environmentally friendly boilers that comply with strict emission standards while enhancing operational efficiency. Notable innovations include low NOx burners, smart control systems, and designs optimized for heat retention. Moreover, companies are investing in R&D, offering customized solutions, competitive pricing, and strong service networks to address diverse industrial requirements and the intensifying market competition.

Fire-Tube Condensing Low Temperature Industrial Boiler Market Companies

Major key players operating in the fire-tube condensing low temperature industrial boiler industry are:

• Babcock Wanson
• Burnham Commercial Boilers
• Clayton Industries
• Cleaver-Brooks
• EPCB Boiler
• Ferroli
• Fulton
• Hoval
• Hurst Boiler & Welding
• IHI Corporation
• Miura America
• Superior Boilers
• Thermax
• Thermodyne Boilers
• Victory Energy Operations
  

Fire-Tube Condensing Low Temperature Industrial Boiler Industry News

• In July 2024, Thermax Energy Solutions secured a USD 61 million contract from a prominent industrial conglomerate to deliver two 550 tons CFBC boilers for a landmark energy project in Botswana. TBWES took full responsibility for the project, overseeing the manufacturing, design, testing, supervision and engineering of the boilers. This pivotal project supports the development of a 300 MW power station that will enhance the national utility's energy supply, further strengthening Thermax’s position in the energy infrastructure sector.
  
• In March 2023, Fulton launched the Classic Vertical Steam Boiler, offering outputs ranging from 100 to 300 kW at 10.34 Barg. This model, equipped with oil, gas, or LPG/Propane burners, delivers up to 84% efficiency. Engineered for long-term, dependable performance, it presents a cost-effective solution for various industrial applications.
  

This fire-tube 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 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
  • France
  • UK
  • Poland
  • Italy
  • Spain
  • Austria
  • Germany
  • Sweden
  • Russia
• Asia Pacific
  • China
  • India
  • Philippines
  • Japan
  • South Korea
  • Australia
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • UAE
  • Nigeria
  • South Africa
• Latin America
  • Argentina
  • Chile
  • Brazil