US Industrial Boiler Market

The report "US Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler Horsepower, End-use Industry (Chemical & Petrochemical, Food, Pulp & Paper) And Region - Global Forecast to 2030", The US industrial boiler market is projected to reach USD 2.68 billion by 2030 from USD 2.33 billion in 2025, at a CAGR of 2.8%, during the forecast period.

Browse in-depth TOC on "US Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler Horsepower, End-use Industry (Chemical & Petrochemical, Food, Pulp & Paper) And Region - Global Forecast to 2030"
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The US market for industrial boilers is growing at a very good rate because of industrial expansion, the increased need for energy, and the adoption of new and eco-friendly heating systems. Steam and hot water boilers with high capacity are needed by various sectors, including power generation, chemicals, food processing, oil & gas, pulp & paper, and manufacturing, which boosts the demand. Furthermore, the increasing focus on energy conservation and lower carbon emission has enabled replacing traditional fuel-based boilers with cleaner gas, bio-mass, and other fuels. Various US Industries are now being forced to shift to more environmentally-friendly options like low emission high-efficiency boilers owing to stricter policies such as EPA Boiler MACT standards, & decarbonization goals.

Many US companies are increasingly entering into strategic agreements and partnerships to enhance the competitiveness. For example, Babcock & Wilcox signed an agreement with JZHC to pair JZHC’s Coen burners with B&W’s water-tube package boilers, allowing the companies to market the combined burner and boiler solution to their customers. Also, DEC Limited partnered with global partners (US) in the fifth China International Import Expo (CIIE) to expand in the energy equipment and services industry. Innovations like smart automation, IoT monitoring, and waste heat recovery are improving boiler functionality, reducing costs, and enhancing eco-friendliness. In addition, the abundant natural gas reserves in the US make gas-fired boilers an attractive option. So, increased sustainability focus, rising energy demand, and sufficient fuel availability are expected to propel the US industrial boiler market.

Steam boiler has the largest share in the US industrial boiler market during the forecast period.

A steam boiler is a very important part of industrial and commercial environments meant to produce steam by heating water by burning various fuels such as coal, oil, gas, or via electric elements. The produced steam is utilized for a range of applications such as power generation, heating, sanitation, and industrial purposes like chemical production, textile processing, and food preparation. Steam boilers are available in different configurations like fire-tube and water-tube types, which are appropriate for different capacities and working pressures. As technology progresses, new steam boilers are being highly energy efficient, safer, and eco-friendly, with automation, emission controls, and coupling with renewable energy sources. Their vital contribution toward auxiliary production in various industries ensures that they are a core component of the industrial infrastructure on a global scale.

Chemical & petrochemical industry holds the largest share in the US industrial boilers market during forecast period.

Chemical & petrochemical is one of the largest industries in the US. This industry is serving domestic as well as global market. The country exported over USD 494 billion worth of chemicals in 2022. With about 14,000 plants churning out more than 70,000 chemicals, the sector has a central role in underpinning essential industries like the pharmaceutical, agriculture, plastics, and consumer goods sectors.

Through the middle of 2024, the industry supported over 902,300 direct jobs and attracted USD 766.7 billion in foreign direct investment. Foreign firms contributed strongly, adding USD 60.2 billion to exports and spending USD 28.2 billion on R&D—fueling innovation and raising productivity. Backed by a robust emphasis on research, technological development, and process improvement, the chemical industry is supported by strong intellectual property rights. It continues to be a significant source of economic contribution to the US. Due to the energy-demanding nature of petrochemical and chemical processes, industrial boilers form a critical part of this system. Boilers supply the high-pressure steam and uniform heat necessary for a range of processes, including distillation, drying, heating, and chemical reactions. With the industry growing and becoming increasingly modernized, the need for efficient, high-capacity, and low-emission steam boilers is also on the rise, offering scope for superior boiler systems capable of fulfilling stringent environmental and performance requirements.

US to be the largest market in North America during the forecast period.

The US is the largest industrial boiler market in North America. It is fueled by its large and diversified industrial sector. Major industries like chemicals and petrochemicals, food & beverage processing, pharmaceuticals, pulp & paper, and power generation all depend significantly on industrial boilers for critical operations such as steam generation, heating, and energy supply. Food processing is one of the largest industries in the US, with agriculture, food, and other related industries around. These industries contribute almost about 5% to the national GDP. In the US, there is a very strong demand for food & beverage products, driven by a multicultural population, and growing exposures to unique and global flavors. As the food & beverage market grows, the demand for boilers is also increasing. The country’s high thermal energy demand combined with its extensive installed base of mature boiler equipment, creates a robust replacement and retrofit market. Also, by recognizing the increasing demand for industrial boilers and very high-efficiency systems, Governor Josh Shapiro has announced an investment of more than USD 3.2 million in a US boiler company to support the residential and light commercial heating product manufacturer’s growth in Pennsylvania. In addition, the governor, has also announced more than USD 1.2 billion in new private-sector investment in Pennsylvania. Moreover, the government's strict environmental regulations, especially those implemented by the Environmental Protection Agency (EPA), have spurred the move toward more efficient and low-emitting boiler technologies. R&D investments and technological advancements further underpin the market, with technologies like smart control systems, hybrid fuel capability, and waste heat recovery becoming more prevalent. With federal and state-level incentives supporting industrial efficiency and carbon emissions reduction, the US industrial boiler market keeps expanding, with a significant role in supporting the country's energy-intensive manufacturing and processing industries.

Key players

The US industrial boiler market report comprises key manufacturers such as Babcock & Wilcox Enterprises, (US), Siemens (Germany), Wood (UK), Dongfang Electric Corporation Limited (DEC LTD.) (China), Robert Bosch GmbH (Bosch) (Germany), Mitsubishi Heavy Industries, Ltd. (MHI) (Japan), Thermax Limited (India), Sofinter (Italy), Bhel (India), and Cleaver-Brooks, Inc. (US).

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