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Non-Condensing Fire Tube Chemical Boiler Market Trends

Report ID: GMI12463
Published Date: Dec 2024
Report Format: PDF

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Non-Condensing Fire Tube Chemical Boiler Market Trends

The industry is primed for robust growth on account of environmental regulations designed to curtail greenhouse gas emissions and increasing infrastructural investments. Escalating energy and fuel prices coupled with the rising demand for reliable heat & steam in chemical processes will fortify the business outlook. Furthermore, rapid industrialization and economic growth in emerging economies in line with continuous advancements in boiler technologies will foster the adoption of fire tube chemical boiler.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for non-condensing fire tube chemical boiler was reached USD 983.4 million in 2024 and is estimated to grow at a 4% CAGR from 2025 to 2034, driven by advancements in boiler technologies and a shift towards cleaner energy solutions.

The market for non-condensing fire tube chemical boilers with a capacity of less than 10 MMBTU/hr is projected to exceed USD 450 million by 2034, owing to their efficiency in smaller-scale applications and lower maintenance requirements.

The natural gas-fired non-condensing fire tube chemical boiler market is anticipated to grow at a CAGR of over 5% through 2034, led by the shift towards cleaner fuel sources and rising energy demands.

The U.S. non-condensing fire tube chemical boiler market is set to surpass USD 140 million by 2034, propelled by government incentives, technological advancements, and modernization of industrial infrastructure.

Key players in the non-condensing fire tube chemical boiler market include Alfa Laval, Ariston Holding, Babcock & Wilcox, Babcock Wanson, Bosch Industriekessel, Clayton Industries, Cleaver-Brooks, Cochran, Forbes Marshall, Fulton, Hoval, Hurst Boiler & Welding, Miura America, Rakiro, Rentech Boiler Systems, Thermax, Thermodyne Boilers, and Viessmann.