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Industrial Boilers Market Size, Trends, and Growth Forecast 2025-2032

The industrial boilers market is advancing steadily amid rising energy demands and industrialization globally.

Market Size and Overview
The industrial boilers market is estimated to be valued at USD 18.32 Bn in 2025 and is expected to reach USD 25.61 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2032.


Regional Opportunities
Key regional opportunities in the industrial boilers market are emerging in Asia-Pacific, North America, and the Middle East.
- Asia-Pacific: The region is predicted to witness phenomenal industry growth owing to rapid industrialization, government incentives on energy-efficient infrastructure, and increased export activity in manufacturing. For example, India’s new Clean Energy Policy launched in 2024 encourages boiler upgrades, boosting market opportunities.

- North America: Growth is driven by stringent emission norms combined with infrastructure modernization programs in the U.S. and Canada. Enhanced focus on retrofitting aging boilers for emission control represents untapped demand.

- Middle East: Expanding petrochemical and power generation zones supported by significant capital investments exemplify lucrative market dynamics. Recent entry of regional suppliers and favorable export policies are expected to increase market revenue.

‣ Industrial Boilers Market:  https://www.coherentmi.com/industry-reports/industrial-boilers-market