The key industry players in the water tube industrial boiler market include:
Babcock & Wilcox Enterprises
Cleaver-Brooks
Thermax Limited
Aaron Equipment Company
Hurst Boiler & Welding Co
Kawasaki Thermal Engineering
Clayton Industries
ALFA LAVAL
Viessmann
The Fulton Companies
Forbes Marshall
Rentech Boilers
Hoval
FERROLI
Bosch Thermotechnology
Victory Energy Operations
Indeck Power Equipment Company
Superior Boiler
Babcock Wanson
Wellons
Nationwide Boiler
Babcock Power
Johnston Boiler
Pennar Industries and Richard Kablitz.
Authors:
Ankit Gupta, Abhishek Chopra
Frequently Asked Questions (FAQ) :
The market size of water tube industrial boiler exceeded USD 7.4 billion in 2023 and will register 4.8% CAGR during 2023-2032, propelled by the increasing demand for energy-efficient heating systems and the rapid industrialization in developing economies.
The condensing segment will witness a growth rate of 5% between 2023 and 2032 as a result of supportive government regulations and incentives promoting the use of energy-efficient technologies.
The water tube industrial boiler industry size from the pulp & paper segment was valued at USD 500 million in 2022 owing to increasing demand for paper products including packaging materials, tissue papers, and printing papers.
North America water tube industrial boiler sector is slated to surpass USD 2 billion by 2032 on account of surging demand for petroleum products, coupled with the flourishing food processing industry in the region.
Major companies operating in North America water tube industrial boiler industry are Babcock & Wilcox Enterprises, Cleaver-Brooks, Thermax Limited, Aaron Equipment Company, Hurst Boiler & Welding Co., Kawasaki Thermal Engineering, Clayton Industries and others.