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Non-Condensing Water Tube Chemical Boiler Market Trends

Report ID: GMI12368
Published Date: Nov 2024
Report Format: PDF

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Non-Condensing Water Tube Chemical Boiler Market Trends

The industry is set for robust growth owing to continuous technological advancements, regulatory pressures, and increasing demand for highly efficient to generate high-pressure steam. Burgeoning demand for these units across chemical and petrochemical process coupled with incorporating low emission combustion & better heat transfer technology systems will bolster the industry potential. Furthermore, strong economic growth and continuous industrialization in emerging markets combined with the adoption of smart boiler technologies are stimulating the deployment of efficient water tube chemical boiler.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for non-condensing water tube chemical boiler was reached USD 1.45 billion in 2024 and is estimated to grow at a 2.9% CAGR from 2025 to 2034, driven by the increasing demand for highly efficient energy systems.

The < 10 MMBTU/hr capacity non-condensing water tube chemical boiler industry is expected to exceed USD 550 million by 2034, due to their high efficiency in compact applications.

The natural gas-fired non-condensing water tube chemical boiler market is anticipated to grow at a CAGR of over 4% through 2034, owing to their high-capacity steam output and efficient heating for large-scale operations.

The U.S. non-condensing water tube chemical boiler market is set to surpass USD 180 million by 2034, propelled by government incentives, technological advancements, and the modernization of industrial infrastructure.

Major players in the non-condensing water tube chemical boiler industry include Alfa Laval, Ariston Holding, Babcock and Wilcox, Babcock Wanson, BM GreenTech, Bosch Industriekessel, Clayton Industries, Cleaver-Brooks, Cochran, Forbes Marshall, Miura America, Rentech Boiler Systems, Thermax, Thermodyne Boilers, Victory Energy Operations, and Viessmann.