Industrial Boiler Market (Product Type: Fire Tube Boilers, Water Tube Boilers, and Electric Boilers; and Fuel Type: Oil, Coal, Biomass, Natural Gas, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Industrial Boiler Market – Scope of Report


TMR’s report on the global Industrial Boiler Market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Industrial Boiler Market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Industrial Boiler Market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Plasmonic Materials market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Plasmonic Materials market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Plasonic Materials market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Plasmonic Materials market.

The report delves into the competitive landscape of the global Plasmonic Materials market. Key players operating in the global Industrial Boiler Market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Industrial Boiler Market profiled in this report.

Key Questions Answered in Global Industrial Boiler Market Report

  • What is the sales/revenue generated by Plasmonic Materials across all regions during the forecast period?
  • What are the opportunities in the global Plasmonic Materials market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Industrial Boiler Market – Research Objectives and Research Approach


The comprehensive report on the global Industrial Boiler Market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Industrial Boiler Market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Plasmonic Materials market.

Industrial Boiler Market – Scope of Report


TMR’s report on the global Industrial Boiler Market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Industrial Boiler Market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Industrial Boiler Market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Plasmonic Materials market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Plasmonic Materials market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Plasonic Materials market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Plasmonic Materials market.

The report delves into the competitive landscape of the global Plasmonic Materials market. Key players operating in the global Industrial Boiler Market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Industrial Boiler Market profiled in this report.

Key Questions Answered in Global Industrial Boiler Market Report

  • What is the sales/revenue generated by Plasmonic Materials across all regions during the forecast period?
  • What are the opportunities in the global Plasmonic Materials market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Industrial Boiler Market – Research Objectives and Research Approach


The comprehensive report on the global Industrial Boiler Market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Industrial Boiler Market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Plasmonic Materials market.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.3.1. Overall Boiler Market Overview
5.4. Key Factor Analysis
5.5. Porter’s Five Forces Analysis
5.6. Value Chain Analysis
5.7. Industry SWOT Analysis
5.8. COVID-19 Impact Analysis
5.9. Global Industrial Boiler Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Value Projections (US$ Mn)
5.9.2. Market Volume Projections (Thousand Units)
6. Global Industrial Boiler Market Analysis and Forecast, By Product Type
6.1. Global Industrial Boiler Market Size (US$ Mn and Thousand Units), By Product Type, 2017 – 2031
6.1.1. Fire tube Boiler
6.1.1.1. HRT boiler
6.1.1.2. Scotch boiler
6.1.1.3. Firebox boiler
6.1.2. Water tube Boiler
6.1.2.1. Stoker fired boiler
6.1.2.2. PC fired boiler
6.1.2.3. FBC boiler
6.1.3. Electric Boiler
6.2. Incremental Opportunity, By product Type
7. Global Industrial Boiler Market Analysis and Forecast, By Fuel type
7.1. Global industrial Boiler Market Size (US$ Mn and Thousand Units), By Fuel type, 2017 - 2031
7.1.1. Oil
7.1.2. Coal
7.1.3. Biomass
7.1.4. Natural gas
7.1.5. Others
7.2. Incremental Opportunity, By Fuel type
8. Global Industrial Boiler Market Analysis and Forecast, By Capacity (MMBtu/HR)
8.1. Global Industrial Boiler Market Size (US$ Mn and Thousand Units), By Capacity, 2017 - 2031
8.1.1. Upto 2,00,000
8.1.2. 2,00,000 to 3,00,000
8.1.3. Above 3,00,000
8.2. Incremental Opportunity, By Capacity
9. Global Industrial Boiler Market Analysis and Forecast, By End-use Industry
9.1. Global Industrial Boiler Market Size (US$ Mn and Thousand Units), By End-useIndustry, 2017 - 2031
9.1.1. Food and Beverage
9.1.2. Refining
9.1.3. Metal
9.1.4. Paper and Pulp
9.1.5. Cement
9.1.6. Textile
9.1.7. Energy & Power
9.1.8. Others
10. Global Industrial Boiler Market Analysis and Forecast, by Region
10.1. Global Industrial Boiler Market Size (Value & Volume), by Region, 2017- 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Incremental Opportunity, by Region
11. North America Industrial Boiler Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Price Trend Analysis
11.2.1. Weighted Average Selling Price (US$)
11.3. Key Supplier Analysis
11.4. North America Industrial Boiler Market Size (Value & Volume), by Product Type, 2017- 2031
11.4.1. Fire tube Boiler
11.4.1.1. HRT boiler
11.4.1.2. Scotch boiler
11.4.1.3. Firebox boiler
11.4.2. Water tube Boiler
11.4.2.1. Stoker fired boiler
11.4.2.2. PC fired boiler
11.4.2.3. FBC boiler
11.4.3. Electric Boiler
11.5. North America Industrial Boiler Market Size (Value & Volume), by Fuel Type, 2017- 2031
11.5.1. Oil
11.5.2. Coal
11.5.3. Biomass
11.5.4. Natural gas
11.5.5. Others
11.6. North America Industrial Boiler Market Size (Value & Volume), by Capacity, 2017- 2031
11.6.1. Upto 2,00,000
11.6.2. 2,00,000 to 3,00,000
11.6.3. Above 3,00,000
11.7. North America Industrial Boiler Market Size (Value & Volume), by End-use Industry, 2017- 2031
11.7.1. Food and Beverage
11.7.2. Refining
11.7.3. Metal
11.7.4. Paper and Pulp
11.7.5. Cement
11.7.6. Textile
11.7.7. Energy & Power
11.7.8. Others
11.8. North America Industrial Boiler Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
11.8.1. U.S.
11.8.2. Canada
11.8.3. Rest of North America
11.9. Incremental Opportunity Analysis
12. Europe Industrial Boiler Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Price Trend Analysis
12.2.1. Weighted Average Selling Price (US$)
12.3. Key Supplier Analysis
12.4. Europe Industrial Boiler Market Size (Value & Volume), by Product Type, 2017- 2031
12.4.1. Fire tube Boiler
12.4.1.1. HRT boiler
12.4.1.2. Scotch boiler
12.4.1.3. Firebox boiler
12.4.2. Water tube Boiler
12.4.2.1. Stoker fired boiler
12.4.2.2. PC fired boiler
12.4.2.3. FBC boiler
12.4.3. Electric Boiler
12.5. Europe Industrial Boiler Market Size (Value & Volume), by Fuel Type, 2017- 2031
12.5.1.1. Oil
12.5.1.2. Coal
12.5.1.3. Biomass
12.5.1.4. Natural gas
12.5.1.5. Others
12.6. Europe Industrial Boiler Market Size (Value & Volume), by Capacity, 2017- 2031
12.6.1. Upto 2,00,000
12.6.2. 2,00,000 to 3,00,000
12.6.3. Above 3,00,000
12.7. Europe Industrial Boiler Market Size (Value & Volume), by End-use Industry, 2017- 2031
12.7.1. Food and Beverage
12.7.2. Refining
12.7.3. Metal
12.7.4. Paper and Pulp
12.7.5. Cement
12.7.6. Textile
12.7.7. Energy & Power
12.7.8. Others
12.8. Europe Industrial Boiler Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
12.8.1. Germany
12.8.2. France
12.8.3. U.K.
12.8.4. Rest of Europe
12.9. Incremental Opportunity Analysis
13. Asia Pacific Industrial Boiler Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Price Trend Analysis
13.2.1. Weighted Average Selling Price (US$)
13.3. Key Supplier Analysis
13.4. Asia Pacific Industrial Boiler Market Size (Value & Volume), by Product Type, 2017- 2031
13.4.1. Fire tube Boiler
13.4.1.1. HRT boiler
13.4.1.2. Scotch boiler
13.4.1.3. Firebox boiler
13.4.2. Water tube Boiler
13.4.2.1. Stoker fired boiler
13.4.2.2. PC fired boiler
13.4.2.3. FBC boiler
13.4.3. Electric Boiler
13.5. Asia Pacific Industrial Boiler Market Size (Value & Volume), by Fuel Type, 2017- 2031
13.5.1.1. Oil
13.5.1.2. Coal
13.5.1.3. Biomass
13.5.1.4. Natural gas
13.5.1.5. Others
13.6. Asia Pacific Industrial Boiler Market Size (Value & Volume), by Capacity, 2017- 2031
13.6.1. Upto 2,00,000
13.6.2. 2,00,000 to 3,00,000
13.6.3. Above 3,00,000
13.7. Asia Pacific Industrial Boiler Market Size (Value & Volume), by End-use Industry, 2017- 2031
13.7.1. Food and Beverage
13.7.2. Refining
13.7.3. Metal
13.7.4. Paper and Pulp
13.7.5. Cement
13.7.6. Textile
13.7.7. Energy & Power
13.7.8. Others
13.8. Asia Pacific Industrial Boiler Market Size (US$ Mn) (Thousand Units), byCountry/Sub-region, 2017- 2031
13.8.1. China
13.8.2. Japan
13.8.3. India
13.8.4. Rest of Asia Pacific
13.9. Incremental Opportunity Analysis
14. Middle East & Africa Industrial Boiler Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Price Trend Analysis
14.2.1. Weighted Average Selling Price (US$)
14.3. Key Supplier Analysis
14.4. Middle East & Africa Industrial Boiler Market Size (Value & Volume), by Product Type, 2017- 2031
14.4.1. Fire tube Boiler
14.4.1.1. HRT boiler
14.4.1.2. Scotch boiler
14.4.1.3. Firebox boiler
14.4.2. Water tube Boiler
14.4.2.1. Stoker fired boiler
14.4.2.2. PC fired boiler
14.4.2.3. FBC boiler
14.4.3. Electric Boiler
14.5. Middle East & Africa Industrial Boiler Market Size (Value & Volume), by Fuel Type, 2017- 2031
14.5.1. Oil
14.5.2. Coal
14.5.3. Biomass
14.5.4. Natural gas
14.5.5. Others
14.6. Middle East & Africa Industrial Boiler Market Size (Value & Volume), by Capacity, 2017- 2031
14.6.1. Upto 2,00,000
14.6.2. 2,00,000 to 3,00,000
14.6.3. Above 3,00,000
14.7. Middle East & Africa Industrial Boiler Market Size (Value & Volume), by End-useIndustry, 2017- 2031
14.7.1. Food and Beverage
14.7.2. Refining
14.7.3. Metal
14.7.4. Paper and Pulp
14.7.5. Cement
14.7.6. Textile
14.7.7. Energy & Power
14.7.8. Others
14.8. Middle East & Africa Industrial Boiler Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
14.8.1. GCC
14.8.2. South Africa
14.8.3. Rest of Middle East & Africa
14.9. Incremental Opportunity Analysis
15. South America Industrial Boiler Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Price Trend Analysis
15.2.1. Weighted Average Selling Price (US$)
15.3. Key Supplier Analysis
15.4. South America Industrial Boiler Market Size (Value & Volume), by Product Type, 2017- 2031
15.4.1. Fire tube Boiler
15.4.2. HRT boiler
15.4.3. Scotch boiler
15.4.4. Firebox boiler
15.4.5. Water tube Boiler
15.4.6. Stoker fired boiler
15.4.7. PC fired boiler
15.4.8. FBC boiler
15.4.9. Electric Boiler
15.5. South America Industrial Boiler Market Size (Value & Volume), by Fuel Type, 2017- 2031
15.5.1. Oil
15.5.2. Coal
15.5.3. Biomass
15.5.4. Natural gas
15.5.5. Others
15.6. South America Industrial Boiler Market Size (Value & Volume), by Capacity, 2017- 2031
15.6.1. Upto 2,00,000
15.6.2. 2,00,000 to 3,00,000
15.6.3. Above 3,00,000
15.7. South America Industrial Boiler Market Size (Value & Volume), by End-use Industry, 2017- 2031
15.7.1. Food and Beverage
15.7.2. Refining
15.7.3. Metal
15.7.4. Paper and Pulp
15.7.5. Cement
15.7.6. Textile
15.7.7. Energy & Power
15.7.8. Others
15.8. South America Industrial Boiler Market Size (US$ Mn) (Thousand Units), by Country/Sub-region, 2017- 2031
15.8.1. Brazil
15.8.2. Rest of South America
15.9. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Competition Dashboard
16.2. Market Share Analysis % (2021)
16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]
16.3.1. Babcock & Wilcox Enterprises Inc.
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financial Information
16.3.1.4. (Subject to Data Availability)
16.3.1.5. Business Strategies / Recent Developments
16.3.2. Bosch Industriekessel GmbH
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financial Information
16.3.2.4. (Subject to Data Availability)
16.3.2.5. Business Strategies / Recent Developments
16.3.3. Doosan Heavy Industries Vietnam Co.
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financial Information
16.3.3.4. (Subject to Data Availability)
16.3.3.5. Business Strategies / Recent Developments
16.3.4. Harbin Electric corporation co. ltd.
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financial Information
16.3.4.4. (Subject to Data Availability)
16.3.4.5. Business Strategies / Recent Developments
16.3.5. Hurst Boiler & Welding Co, Inc.
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financial Information
16.3.5.4. (Subject to Data Availability)
16.3.5.5. Business Strategies / Recent Developments
16.3.6. IHI Corporation
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financial Information
16.3.6.4. (Subject to Data Availability)
16.3.6.5. Business Strategies / Recent Developments
16.3.7. McKenna Boiler Works Inc.
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financial Information
16.3.7.4. (Subject to Data Availability)
16.3.7.5. Business Strategies / Recent Developments
16.3.8. Mitsubishi heavy industry ltd.
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financial Information
16.3.8.4. (Subject to Data Availability)
16.3.8.5. Business Strategies / Recent Developments
16.3.9. Rakhoh Industries Pvt. Ltd.
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financial Information
16.3.9.4. (Subject to Data Availability)
16.3.9.5. Business Strategies / Recent Developments
16.3.10. Sofinter S.p.a
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financial Information
16.3.10.4. (Subject to Data Availability)
16.3.10.5. Business Strategies / Recent Developments
16.3.11. Thermax
16.3.11.1. Company Overview
16.3.11.2. Product Portfolio
16.3.11.3. Financial Information
16.3.11.4. (Subject to Data Availability)
16.3.11.5. Business Strategies / Recent Developments
16.3.12. Byworth Boiler
16.3.12.1. Company Overview
16.3.12.2. Product Portfolio
16.3.12.3. Financial Information
16.3.12.4. (Subject to Data Availability)
16.3.12.5. Business Strategies / Recent Developments
16.3.13. ZHENGZHOU BOILER (GROUP) CO., LTD.
16.3.13.1. Company Overview
16.3.13.2. Product Portfolio
16.3.13.3. Financial Information
16.3.13.4. (Subject to Data Availability)
16.3.13.5. Business Strategies / Recent Developments
16.3.14. General Electric
16.3.14.1. Company Overview
16.3.14.2. Product Portfolio
16.3.14.3. Financial Information
16.3.14.4. (Subject to Data Availability)
16.3.14.5. Business Strategies / Recent Developments
16.3.15. ALFA LAVAL
16.3.15.1. Company Overview
16.3.15.2. Product Portfolio
16.3.15.3. Financial Information
16.3.15.4. (Subject to Data Availability)
16.3.15.5. Business Strategies / Recent Developments
17. Key Takeaways
17.1. Identification of Potential Market Spaces
17.1.1. Product Type
17.1.2. Fuel Type
17.1.3. Capacity
17.1.4. End-use Industry
17.1.5. Region

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