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Industrial Boiler Market Share

Report ID: GMI622
Published Date: May 2023
Report Format: PDF

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Industrial Boiler Market Share

Some of the major key players operating in the industrial boiler market include

John Wood Group
Doosan Heavy Industries & Construction
Mitsubishi Heavy Industries
Rentech Boilers
Siemens
Thermax
General Electric
Sofinter
Miura America

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of industrial boilers was crossed USD 10.5 billion in 2023 and is poised to grow at over 4.7% CAGR from 2024 to 2032, driven by rapid industrialization across emerging nations.

Oil-fueled industrial boiler market size will cross USD 4.5 billion by 2032, on account of its low running costs and other beneficial properties.

Asia Pacific industrial boiler market share will grow at more than 5% CAGR from 2023 to 2032, on account of rising investments in industries such as food processing, chemicals, metal manufacturing plants, and others.

Some of the prominent industrial boiler market contenders are The Fulton Companies, Hurst Boiler and Welding, John Cockerill, Clayton Industries, Cleaver-Brooks, Bosch Industriekessel, and IHI Corporation, among others.