Fire-Tube Condensing Low Temperature Industrial Boiler Market Size – By Temperature, By Capacity, By Fuel, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Report ID: GMI12893
   |
Published Date: December 2024
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Report Format: PDF

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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.
 

Fire-Tube Condensing Low Temperature Industrial Boiler Market

A fire-tube condensing low temperature industrial boiler is a fuel-efficient boiler that is used in a variety of industrial settings. The application involves water that is placed in a combustion tube and hot gases resulting from the combustion. The demand for clean energy along with rising demand for environmentally sustainability will enhance the business scenario. In addition, development in the condensing technology combined with advancement of different controlling systems will amplify the need for industrial boiler.

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. The increasing necessity for accurate & dependable temperature control systems in sectors such as metals and food production will encourage the product demand. Moreover, strict environmental laws aimed at emission reduction combined with government support and general promotion of sustainable solutions will enhance the use of low temperature industrial boiler.
 

Fire-Tube Condensing Low Temperature Industrial Boiler Market Analysis

Fire-Tube Condensing Low Temperature Industrial Boiler Market Size, By Temperature, 2022 - 2034 (USD Million)

The > 160°F - 180°F fire-tube condensing low temperature industrial boiler will exceed USD 100 million by 2034. These boilers are constructed for application in the food processing industry, chemicals, refineries and any other industrial processes, where temperature maintenance is key in preserving the quality and efficiency standards of the product. Increased integration of energy-efficient heating product developments and boilers into renewable energy systems will fuel the industry. Furthermore, IoT-based remote monitoring and predictive maintenance solutions geared to minimize downtime & enhance efficiency are anticipated to boost the product demand.
 

Fire-Tube Condensing Low Temperature Industrial Boiler Market Revenue Share, By Application, 2024

The chemical fire-tube condensing low temperature industrial boiler market  size will witness a growth rate of over 3.5% through 2034. The industry observes strong development fueled by the emission control requirement as well as the introduction of high-end 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.
 

U.S. Fire-Tube Condensing Low Temperature Industrial Boiler Market Size, 2022 - 2034 (USD Million)

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. In addition, the growing efforts in energy efficiency from the governments in conjunction with investments in new facilities will enhance the industry's momentum.
 

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. Key executives within the industry are concentrating their efforts towards producing eco-friendly fire- tube boilers while increasing the efficiency of the equipment at the same time. These developments include low NOx burners, advanced control approaches, and heat saving designs. Besides, in response to the growing competition in the market, the companies direct their activities on the growth of R&D, providing bespoke solutions, reasonable prices, and robust service systems.
 

Fire-Tube Condensing Low Temperature Industrial Boiler Market Companies

Major 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 crucial project facilitates the construction of a 300 MW power station, which will improve the energy output of the national utility and simultaneously bolster 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.
     

The 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:

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
Authors: Ankit Gupta, Saurabh Singh
Frequently Asked Question(FAQ) :
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?
How big is the fire-tube condensing low-temperature industrial boiler market?
What is the projected value of the >160°F - 180°F fire-tube condensing low-temperature industrial boiler segment?
What is driving growth in the chemical fire-tube condensing low-temperature industrial boiler market?
Fire-Tube Condensing Low Temperature Industrial Boiler Market Scope
  • Fire-Tube Condensing Low Temperature Industrial Boiler Market Size
  • Fire-Tube Condensing Low Temperature Industrial Boiler Market Trends
  • Fire-Tube Condensing Low Temperature Industrial Boiler Market Analysis
  • Fire-Tube Condensing Low Temperature Industrial Boiler Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 40

    Countries covered: 27

    Pages: 120

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