Non-Condensing Low Temperature Industrial Boiler Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Non-Condensing Low Temperature Industrial Boiler Market was valued at USD 2.1 billion in 2024 and is expected to grow at a CAGR of 4.4% from 2025 to 2034. This growth is being driven by the modernization of outdated industrial systems and strategic upgrades to boiler infrastructure. Investments in energy-efficient technologies, along with the integration of durable and corrosion-resistant components, are contributing to an optimistic outlook for the industry.
The segment for temperatures ranging from >140°F to 160°F is projected to generate USD 1 billion in revenue by 2034. The segment growth is driven by its use in sectors that require precise temperature control, such as refineries, food processing, and chemical manufacturing. Non-condensing boilers in this range are engineered to deliver optimal operational efficiency and consistent performance under demanding conditions. Manufacturers are increasingly focusing on enhancing durability by utilizing advanced materials and innovative designs to extend the lifespan of their products. The integration of Internet of Things (IoT)-enabled remote monitoring and predictive maintenance systems is further expected to reduce downtime, optimize operations, and increase the adoption of these systems across industries.
The chemical sector is poised to grow at a rate of 3.5% through 2034. This growth is fueled by the increasing implementation of strict environmental regulations aimed at reducing emissions and improving energy management. Modern industrial boilers now come equipped with advanced safety technologies, automated shutdown functions, and real-time monitoring capabilities to ensure compliance with stringent regulatory standards. The growing demand for chemical products, particularly in industries such as pharmaceuticals, agrochemicals, and specialty chemicals, is also contributing to the sector’s expansion. This demonstrates the rising dependence on efficient and environmentally friendly heating solutions within the chemical industry.
In the United States, the non-condensing low-temperature industrial boiler market is projected to generate USD 450 million by 2034. The growing demand for reliable, cost-effective heating systems, coupled with ongoing industrial expansion, is boosting market prospects. The stringent emission regulations set by the U.S. Environmental Protection Agency (EPA) and state-level authorities are driving industries to adopt more advanced systems that improve heat transfer efficiency and reduce emissions. Additionally, the modernization of legacy heating systems, combined with a greater focus on low-maintenance, long-lasting solutions, is expected to further strengthen market growth in the U.S.
The segment for temperatures ranging from >140°F to 160°F is projected to generate USD 1 billion in revenue by 2034. The segment growth is driven by its use in sectors that require precise temperature control, such as refineries, food processing, and chemical manufacturing. Non-condensing boilers in this range are engineered to deliver optimal operational efficiency and consistent performance under demanding conditions. Manufacturers are increasingly focusing on enhancing durability by utilizing advanced materials and innovative designs to extend the lifespan of their products. The integration of Internet of Things (IoT)-enabled remote monitoring and predictive maintenance systems is further expected to reduce downtime, optimize operations, and increase the adoption of these systems across industries.
The chemical sector is poised to grow at a rate of 3.5% through 2034. This growth is fueled by the increasing implementation of strict environmental regulations aimed at reducing emissions and improving energy management. Modern industrial boilers now come equipped with advanced safety technologies, automated shutdown functions, and real-time monitoring capabilities to ensure compliance with stringent regulatory standards. The growing demand for chemical products, particularly in industries such as pharmaceuticals, agrochemicals, and specialty chemicals, is also contributing to the sector’s expansion. This demonstrates the rising dependence on efficient and environmentally friendly heating solutions within the chemical industry.
In the United States, the non-condensing low-temperature industrial boiler market is projected to generate USD 450 million by 2034. The growing demand for reliable, cost-effective heating systems, coupled with ongoing industrial expansion, is boosting market prospects. The stringent emission regulations set by the U.S. Environmental Protection Agency (EPA) and state-level authorities are driving industries to adopt more advanced systems that improve heat transfer efficiency and reduce emissions. Additionally, the modernization of legacy heating systems, combined with a greater focus on low-maintenance, long-lasting solutions, is expected to further strengthen market growth in the U.S.
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 TEMPERATURE, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
5.1 Key trends
5.2 ? 120°F
5.3 > 120°F - 140°F
5.4 > 140°F - 160°F
5.5 > 160°F - 180°F
CHAPTER 6 MARKET SIZE AND FORECAST, BY PRODUCT, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
6.1 Key trends
6.2 Fire-tube
6.3 Water-tube
CHAPTER 7 MARKET SIZE AND FORECAST, BY CAPACITY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
7.1 Key trends
7.2 < 10 MMBTU/hr
7.3 10 - 25 MMBTU/hr
7.4 25 - 50 MMBTU/hr
7.5 50 - 75 MMBTU/hr
7.6 75 - 100 MMBTU/hr
7.7 100 - 175 MMBTU/hr
7.8 175 - 250 MMBTU/hr
7.9 > 250 MMBTU/hr
CHAPTER 8 MARKET SIZE AND FORECAST, BY FUEL, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
8.1 Key trends
8.2 Natural gas
8.3 Oil
8.4 Coal
8.5 Others
CHAPTER 9 MARKET SIZE AND FORECAST, BY APPLICATION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
9.1 Key trends
9.2 Food processing
9.3 Pulp & paper
9.4 Chemical
9.5 Refinery
9.6 Primary metal
9.7 Others
CHAPTER 10 MARKET SIZE AND FORECAST, BY REGION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 France
10.3.2 UK
10.3.3 Poland
10.3.4 Italy
10.3.5 Spain
10.3.6 Austria
10.3.7 Germany
10.3.8 Sweden
10.3.9 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Philippines
10.4.4 Japan
10.4.5 South Korea
10.4.6 Australia
10.4.7 Indonesia
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 Iran
10.5.3 UAE
10.5.4 Nigeria
10.5.5 South Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Chile
CHAPTER 11 COMPANY PROFILES
11.1 Babcock Wanson
11.2 Bosch Industriekessel
11.3 Cleaver-Brooks
11.4 Cochran
11.5 Ferroli
11.6 Fulton
11.7 Hurst Boiler & Welding
11.8 IHI
11.9 Maxima Boilers
11.10 Miura America
11.11 Parker Boiler
11.12 Precision Boilers
11.13 Thermax
11.14 Vaillant
11.15 Viessmann
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 TEMPERATURE, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
5.1 Key trends
5.2 ? 120°F
5.3 > 120°F - 140°F
5.4 > 140°F - 160°F
5.5 > 160°F - 180°F
CHAPTER 6 MARKET SIZE AND FORECAST, BY PRODUCT, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
6.1 Key trends
6.2 Fire-tube
6.3 Water-tube
CHAPTER 7 MARKET SIZE AND FORECAST, BY CAPACITY, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
7.1 Key trends
7.2 < 10 MMBTU/hr
7.3 10 - 25 MMBTU/hr
7.4 25 - 50 MMBTU/hr
7.5 50 - 75 MMBTU/hr
7.6 75 - 100 MMBTU/hr
7.7 100 - 175 MMBTU/hr
7.8 175 - 250 MMBTU/hr
7.9 > 250 MMBTU/hr
CHAPTER 8 MARKET SIZE AND FORECAST, BY FUEL, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
8.1 Key trends
8.2 Natural gas
8.3 Oil
8.4 Coal
8.5 Others
CHAPTER 9 MARKET SIZE AND FORECAST, BY APPLICATION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
9.1 Key trends
9.2 Food processing
9.3 Pulp & paper
9.4 Chemical
9.5 Refinery
9.6 Primary metal
9.7 Others
CHAPTER 10 MARKET SIZE AND FORECAST, BY REGION, 2021 – 2034 (UNITS, MMBTU/HR & USD MILLION)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 France
10.3.2 UK
10.3.3 Poland
10.3.4 Italy
10.3.5 Spain
10.3.6 Austria
10.3.7 Germany
10.3.8 Sweden
10.3.9 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Philippines
10.4.4 Japan
10.4.5 South Korea
10.4.6 Australia
10.4.7 Indonesia
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 Iran
10.5.3 UAE
10.5.4 Nigeria
10.5.5 South Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Chile
CHAPTER 11 COMPANY PROFILES
11.1 Babcock Wanson
11.2 Bosch Industriekessel
11.3 Cleaver-Brooks
11.4 Cochran
11.5 Ferroli
11.6 Fulton
11.7 Hurst Boiler & Welding
11.8 IHI
11.9 Maxima Boilers
11.10 Miura America
11.11 Parker Boiler
11.12 Precision Boilers
11.13 Thermax
11.14 Vaillant
11.15 Viessmann
