Global Market Size of Industrial Boilers Market – 10 Year Market Forecast

Chemicals

Industrial Boilers Market Size Forecast 2022-2029

 

The global industrial boiler market size is expected to reach a value of USD 14.45 billion in 2022 at USD 27.09 billion by 2029, at a calculated CAGR of 9%. The cumulative market size over the forecast period is estimated at USD 179 billion. The APAC region is the largest market for industrial boilers and is expected to account for the major market shares. Natural gas and biomass are the most widely used fuel types, followed by coal and oil. The adoption of clean technology because of strict environmental regulations is expected to boost the industrial boilers market.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database studies the ongoing trends within the market and updates the market information on a quarterly basis.
• What is the study period for the industrial boiler market?

• The study period for the industrial boiler market is 2022 to 2029.
• What is the market size value for the base year?

• The market size value for the base year is USD 14.45 billion.
• What are the market segments of the industrial boiler market?

• The market segments of the industrial boiler market are by fuel type, region wise and by boiler type.
• Which segment accounts for the largest shares in the industrial boiler market?

• APAC accounts for the largest shares in the industrial boiler market.

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