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U.S. Industrial Boiler Market Growth & Trends
The U.S. industrial boiler market size is expected to reach USD 1.59 billion in 2030 and is projected to grow at a CAGR of 3.4% from 2025 to 2030 Technological advancements and decreasing industrial boiler prices have led to increased adoption in the manufacturing sector driving demand.
The packaging segment is growing at a significant pace along with the market for pulp for hygiene products and tissues in the U.S. The demand for pulp in the textile industry is anticipated to register result in steady growth in the equipment used for the pulp and paper industry, driving the demand.
Steel has very high tensile strength along with the ability to withstand high temperatures and pressure, which makes it durable and long-lasting. Besides, maintaining and cleaning steel boilerplates is easier since they allow manufacturers to add an extra layer of protective coating, thereby increasing the durability of boilerplates.
Suppliers in the market are focusing on offering the right-quality industrial boilers and services at a suitable price with the required specifications as per the convenience of customers. Supplier selection is measured as a multiple criteria decision-making problem, which is affected by numerous conflicting factors such as quality, cost, and delivery.
U.S. Industrial Boiler Market Report Highlights
The oil and gas segment dominated the type of fuel used for industrial boilers and accounted for 64.9% of the overall revenue share in 2024 owing to high availability and low cost compared to other types of fuel used for industrial boilers
The small capacity segment led the market and accounted for the largest revenue share of 38.2% in 2024. As small boilers are ideal for stand-by operations requiring small amounts of steam during off-season periods
The food and beverage segment is expected to witness significant growth during the forecast period of 2025 to 2030 owing to the increasing demand in microbreweries, food processing, and beverage manufacturing facilities
The chemical & petrochemical segment accounted for 36.5% of the overall revenue in 2024 owing to the need for high volume steam for several processes and increasing chemicals production across the country
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