PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639174
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639174
Non-Condensing Water Tube Chemical Boiler Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Non-Condensing Water Tube Chemical Boiler Market reached USD 1.45 billion in 2024 and will grow at 2.9% CAGR from 2024 to 2032. The increasing demand for energy-efficient systems that deliver high steam output while improving fuel efficiency is a key factor driving this growth. Additionally, the rapid urbanization and industrialization in key regions, combined with greater investments in energy infrastructure, are expected to boost the market growth.
The non-condensing water tube chemical boilers market with a capacity of less than 10 MMBTU/hr is forecast to generate USD 550 million by 2032. These boilers are known for high efficiency in smaller, compact applications, significantly reducing operational costs and fuel consumption. As industrial activities expand in emerging markets and advanced monitoring systems are integrated into these systems, the adoption of these units is set to rise. Moreover, investments from key private players in upgrading traditional boiler systems to meet evolving environmental regulations will fuel the demand for these advanced units.
The natural gas-fired segment of the non-condensing water tube chemical boiler market is projected to grow at a rate reaching 4% through 2032. These boilers are designed to produce high-capacity steam output, ensuring reliable and efficient heating for large-scale industrial operations. Manufacturers are increasingly incorporating advanced combustion technologies, including low NOx burners and optimized air-fuel ratios, to improve fuel efficiency and reduce carbon emissions, boosting the market's growth prospects.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $1.45 Billion |
| Forecast Value | $1.94 Billion |
| CAGR | 2.9% |
U.S. non-condensing water tube chemical boiler market is expected to generate USD 180 million by 2032. Factors such as government incentives, technological innovations, and the modernization of industrial infrastructure drive the demand for these units. Ongoing advancements in heating solutions, particularly in combustion systems and heat exchangers, along with supportive federal and state rebate programs, are expected to further promote adoption. The continuous focus on improving operational efficiency, reducing costs, and ensuring compliance with environmental standards will continue to positively influence the growth of the market.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Market estimates & forecast parameters
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid
- 1.4.2.2 Public
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021 - 2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Regulatory landscape
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
- 3.4 Growth potential analysis
- 3.5 Porter's Analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
- 3.6 PESTEL Analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Strategic outlook
- 4.3 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Capacity, 2021 - 2034 (USD Million, MMBTU/hr & Units)
- 5.1 Key trends
- 5.2 < 10 MMBTU/hr
- 5.3 10 - 25 MMBTU/hr
- 5.4 25 - 50 MMBTU/hr
- 5.5 50 - 75 MMBTU/hr
- 5.6 75 - 100 MMBTU/hr
- 5.7 100 - 175 MMBTU/hr
- 5.8 175 - 250 MMBTU/hr
- 5.9 > 250 MMBTU/hr
Chapter 6 Market Size and Forecast, By Fuel, 2021 - 2034 (USD Million, MMBTU/hr & Units)
- 6.1 Key trends
- 6.2 Natural gas
- 6.3 Oil
- 6.4 Coal
- 6.5 Others
Chapter 7 Market Size and Forecast, By Region, 2021 - 2034 (USD Million, MMBTU/hr & Units)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 UK
- 7.3.2 France
- 7.3.3 Germany
- 7.3.4 Italy
- 7.3.5 Russia
- 7.3.6 Spain
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Australia
- 7.4.3 India
- 7.4.4 Japan
- 7.4.5 South Korea
- 7.5 Middle East & Africa
- 7.5.1 Saudi Arabia
- 7.5.2 UAE
- 7.5.3 Turkey
- 7.5.4 South Africa
- 7.5.5 Egypt
- 7.6 Latin America
- 7.6.1 Brazil
- 7.6.2 Argentina
Chapter 8 Company Profiles
- 8.1 Alfa Laval
- 8.2 Ariston Holding
- 8.3 Babcock and Wilcox
- 8.4 Babcock Wanson
- 8.5 BM GreenTech
- 8.6 Bosch Industriekessel
- 8.7 Clayton Industries
- 8.8 Cleaver-Brooks
- 8.9 Cochran
- 8.10 Forbes Marshall
- 8.11 Miura America
- 8.12 Rentech Boiler Systems
- 8.13 Thermax
- 8.14 Thermodyne Boilers
- 8.15 Victory Energy Operations
- 8.16 Viessmann
