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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.
What is the projected value of the >160°F - 180°F fire-tube condensing low-temperature industrial boiler segment?
The >160°F - 180°F segment is expected to exceed USD 100 million by 2034, supported by its application in industries requiring precise temperature control, such as food processing and chemicals.
How big is the fire-tube condensing low-temperature industrial boiler market?
The global market for fire-tube condensing low-temperature industrial boiler was reached USD 139.7 million in 2024 and is projected to grow at a 4.3% CAGR from 2025 to 2034, driven by the modernization of aging industrial infrastructure and upgrades to existing boiler units.
What is driving growth in the chemical fire-tube condensing low-temperature industrial boiler market?
The chemical segment is anticipated to grow at over 3.5% CAGR through 2034, fueled by stringent emission regulations and the adoption of advanced safety and monitoring systems.
Who are the major players in the fire-tube condensing low-temperature industrial boiler market?
Key players include 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, and Victory Energy Operations.
What is the size of the U.S. fire-tube condensing low-temperature industrial boiler market?
The U.S. market is set to surpass USD 25 million by 2034, led by efforts to reduce carbon emissions and improve operational efficiency.