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Authored by Max Smith

United States Industrial Boiler Market Report and Forecast 2020-2025

The United States Industrial Boiler Market is estimated at USD 14.6 billion and is projected to reach USD 19.3 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. Rising demand for industrial boilers from the food & beverage industry and high demand for clean technology in the chemical end-use industry have been the major drivers for the growth of the industrial boilers market. Natural gas & biomass was the largest fuel type segment in the industrial boilers market, and it is estimated to lead the market during the forecast period as well. Natural gas-fired boilers are most widely used in western countries because of their easy availability and regulatory guidelines with respect to CO2 emissions.

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