Gas Fired Low Temperature Industrial Boiler Market Size – By Temperature, By Capacity, By Product, By Technology, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Report ID: GMI12418
   |
Published Date: November 2024
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Report Format: PDF

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Gas Fired Low Temperature Industrial Boiler Market Size

The global gas fired low temperature industrial boiler market was valued at USD 749.3 million in 2024 and is estimated to grow at a CAGR of 5.5% from 2025 to 2034. The modernization of aging industrial infrastructure combined with ongoing upgrades to existing boiler systems will proliferate the business dynamics. Burgeoning investments in new boiler designs that incorporate advanced and energy-efficient technologies along with the development of long-lasting & corrosion-resistant components will encourage the industry scenario.
 

Gas Fired Low Temperature Industrial Boiler Market

For instance, in 2023, the Infrastructure Investment and Jobs Act earmarked USD 75 billion for clean energy projects, which includes USD 21.5 billion for clean energy demonstration projects, USD 6.5 billion for energy efficiency measures, and USD 8.6 billion for clean energy production and manufacturing.
 

Gas Fired Low Temperature Industrial Boiler Market Trends

The industry is poised for robust growth based on the growing need for energy-efficient and low-emission heating systems in different industries. The need for accurate and stable temperature control in food and primary metals industries coupled with increasing investment in product development, quality improvements & adherence to energy efficiency directives will drive the industry growth. Moreover, stringent environmental regulations pertaining to reduce emission in tandem with supportive government efforts and incentives program toward adoption of sustainable solutions will energize the demand for low temperature industrial boiler.
 

Gas Fired Low Temperature Industrial Boiler Market Analysis

Gas Fired Low Temperature Industrial Boiler Market Size, By Temperature, 2022 - 2034 (USD Million)

The > 160°F - 180°F temperature segment will exceed USD 600 million by 2034. These boilers are designed for food processing, chemical, refinery, and other industries where there is need for high temperature control for efficient operation and product quality. The growing emphasis on the use of energy-efficient systems combined with the use of boilers powered by renewable sources will boost the business outlook. In addition, advancements in IoT-based remote monitoring and predictive maintenance technologies, which reduce downtime & improve operational performance will bolster the industry growth.
 

Gas Fired Low Temperature Industrial Boiler Market Revenue Share, By Application, 2024

The chemical gas fired low temperature industrial boiler market size will witness a growth at a CAGR of over 5% by 2034. The industry is set for substantial growth driven by stringent environmental regulations aimed at curbing emissions and incorporating advanced management systems. These modern boilers now include advanced safety features including self-monitoring and automatic shutdown features to ensure proper compliance with the strict safety standards in the chemical engineering industry, thus increasing the industry capability.
 

Additionally, the increasing demand for chemical products across sectors including pharmaceuticals, agrochemicals, and specialty chemicals in line with the need for efficient and reliable heating solutions will augment the business growth.
 

U.S. Gas Fired Low Temperature Industrial Boiler Market Size, 2022 - 2034 (USD Million)

U.S. gas fired low temperature industrial boiler market is set to reach over USD 250 million by 2034. The growing shift toward utilization of cleaner fuel including natural gas in boiler operations to comply with regulatory standards and mitigate environmental impacts along with the upgrade of traditional boilers to high-efficiency models will create positive business scenario. Moreover, stringent emission regulations from the U.S. EPA and various state-level authorities promoting the adoption of cleaner heating systems coupled with continuous technological advancements comprising of emissions control and improved heat transfer efficiency will strengthen the industry landscape.
 

Asia Pacific gas fired low temperature industrial boiler market is experiencing notable expansion driven by rapid industrialization and economic growth in major economies. Accelerated urban development and a surge in construction projects in conjunction with increasing demand for these boilers in sectors including steel production, construction materials, and cement manufacturing will propel the business penetration. Additionally, rising investments in new manufacturing facilities and supportive government energy efficiency initiatives will strengthen the industry dynamics.
 

Gas Fired Low Temperature Industrial Boiler Market Share

The competitive market is characterized by intense competition owing to technology, the high regulatory environment, and the need for energy-efficient solutions. Leading companies compete to design and produce safe and eco-friendly boilers that comply with rigid emissions limits while increasing productivity. Firms strive to increase their R&D expenditure to add new features such as smart controls, low NOx burners and improved high heat retention designs. In addition, low prices, good service coverage, and other solutions for varied industrial needs increase the competition in the industry.
 

Gas Fired Low Temperature Industrial Boiler Market Companies

Major players operating in the gas fired low temperature industrial boiler industry are:

  • Babcock Wanson
  • Bosch Industriekessel
  • Clayton Industries
  • Cleaver-Brooks
  • Cochran
  • Danstoker
  • Ferroli
  • Fulton
  • Hoval
  • Hurst Boiler & Welding
  • IHI Corporation
  • Johnston Boiler
  • Miura America
  • Rentech Boilers
  • Sellers Manufacturing
  • Superior Boiler
  • Thermax
  • Thermodyne Engineering Systems
  • Victory Energy Operations
  • Walchandnagar Industries
     

Gas Fired Low Temperature Industrial Boiler Industry News

  • In July 2024, Thermax Babcock Wilcox Energy Solutions (TBWES), a division of Thermax, received a contract worth approximately USD 61 million to supply two 550 TPH CFBC boilers for an energy project in Botswana. TBWES managed the entire scope of the project: design, engineering, manufacturing, and boiler supervision and testing. This program facilitates the construction of 300 MW power plant with the objective of feeding power to the national power utility, consistent with Thermax’s focus towards energy infrastructure initiatives.
     
  • In February 2023, Babcock Wanson successfully installed a BWD40 Fire Tube Boiler at Meantime Brewing's facility in Greenwich, London, replacing an outdated unit to boost capacity and lower emissions. The 4-tonne boiler was chosen for its high efficiency and minimal maintenance requirements, meeting the Medium Combustion Plant Directive (MCPD) standards with NOx emissions below 100 mg/Nm3. Partnering with Asahi UK’s engineering team, Babcock Wanson ensured full compliance with BG01 safety guidelines, delivering a comprehensive, turnkey solution that encompassed all necessary mechanical and electrical installations.
     

The gas fired 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 Product

  • Fire-Tube
  • Water-Tube

Market, By Technology

  • Condensing
  • Non-Condensing

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
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Russia
    • Spain
  • Asia Pacific
    • China
    • Australia
    • India
    • Japan
    • South Korea
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Türkiye
    • South Africa
    • Egypt
  • Latin America
    • Brazil
    • Argentina

 

Authors: Ankit Gupta, Saurabh Singh
Frequently Asked Question(FAQ) :
Who are the major players in the gas-fired low-temperature industrial boiler market?
Major players in the industry include Babcock Wanson, Bosch Industriekessel, Clayton Industries, Cleaver-Brooks, Cochran, Danstoker, Ferroli, Fulton, Hoval, Hurst Boiler & Welding, IHI Corporation, Johnston Boiler, Miura America, Rentech Boilers, Sellers Manufacturing, Superior Boiler, Thermax, Thermodyne Engineering Systems, Victory Energy Operations, and Walchandnagar Industries.
What is the size of the U.S. gas-fired low-temperature industrial boiler market?
Why is the chemical gas-fired low-temperature industrial boiler market growing?
How big is the gas-fired low-temperature industrial boiler market?
Gas Fired Low Temperature Industrial Boiler Market Scope
  • Gas Fired Low Temperature Industrial Boiler Market Size
  • Gas Fired Low Temperature Industrial Boiler Market Trends
  • Gas Fired Low Temperature Industrial Boiler Market Analysis
  • Gas Fired Low Temperature Industrial Boiler Market Share
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    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 45

    Countries covered: 20

    Pages: 135

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