Industrial Boiler Market by End-User Industries: Chemicals, Food, and Power Generation
The industrial boiler market size was valued at USD 16.59 billion in 2024, exhibiting a CAGR of 3.6% during the forecast period. This moderate pace of growth reflects continued global demand for steam generation across chemicals, food & beverage, and power‑generation industries, even as environmental regulations and energy‑efficiency mandates exert pressure on older assets. The Asia Pacific...
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