Report Code : CVMI2312252 | Published Date : March 3, 2025
The global chemical boiler market is experiencing steady growth, fueled by increasing industrialization, stringent emission regulations, and technological advancements in boiler design.
Valued at USD 7.4 billion in 2023, the market is projected to reach USD 11.2 billion by 2031, growing at a CAGR of 5.2% (ClearView Market Insights, 2024). Key factors fueling this momentum include
Rising Demand from Chemical and Petrochemical Industries
- Growth of specialty chemicals, polymers, and agrochemical manufacturing boosting boiler demand
- Rising investment in greenfield and brownfield chemical projects globally
- High-pressure and high-efficiency boilers preferred for complex chemical processing needs
Stringent Environmental Regulations
- Adoption of low-emission and energy-efficient boilers to meet carbon regulations
- Shift towards biomass and hybrid boilers in chemical plants
- Compliance with standards like EPA, EU Directives, and regional norms driving upgrades
Technological Innovations in Boiler Systems
- Development of compact, modular boiler systems for chemical plants
- Integration of IoT and automation for predictive maintenance and efficiency monitoring
- Advanced combustion technologies reducing operational costs and emissions
Innovation Deep Dive
Advanced Boiler Technologies
New technologies are revolutionizing boiler performance for chemical applications:
- Supercritical and Ultra-Supercritical Boilers:
- Higher thermal efficiency and reduced fuel consumption
- Suited for large-scale chemical manufacturing facilities
- Modular and Skid-Mounted Boilers:
- Faster installation and reduced site work
- Flexibility for expansions and retrofits
- Biomass and Waste Heat Recovery Boilers:
- Sustainable options using industrial waste heat and biomass fuels
- Reduce operational costs and carbon footprint
Smart Boiler Systems
Digitization is driving operational excellence:
- IoT-Enabled Monitoring Systems:
- Real-time monitoring of boiler performance and health
- Predictive maintenance alerts to reduce downtime
- Automation and Remote Operations:
- Remote start, control, and diagnostics enhancing plant safety and efficiency
- Cloud-based dashboards for centralized boiler management across sites
Sustainable Innovations
Focus on eco-friendly and energy-saving solutions:
- Low-NOx and Ultra-Low-NOx Burners:
- Significant reduction in nitrogen oxide emissions
- Help meet tightening air quality standards
- Carbon Capture Integrated Boilers:
- Boilers equipped with carbon capture systems for emission reduction
- Alignment with net-zero emission targets in the chemical industry
Industry-Specific Advancements
Chemical Manufacturing Plants
Chemical production processes drive specific boiler needs:
- High-Pressure Boilers for Petrochemicals:
- Support high-temperature reactions and steam generation for complex processes
- Custom-built for durability and efficiency in corrosive environments
- Specialty Chemicals Manufacturing:
- Demand for flexible and quickly responsive boilers for batch processes
- Compact boiler designs ideal for space-constrained facilities
Pharmaceutical and Agrochemical Sectors
- Clean Steam Applications:
- Pharmaceutical production requiring high-purity steam for sterilization and formulation processes
- Demand for boilers with advanced water treatment and minimal contamination risk
- Energy-Efficient Agrochemical Plants:
- Biomass boilers gaining popularity in rural agrochemical factories
- Emphasis on green certifications and sustainable production
Research and Pilot Plants
- Customized Boiler Solutions:
- Small-capacity, high-efficiency boilers supporting R&D and pilot-scale production
- Flexible designs enabling frequent operational shifts
Competitive Landscape
Market Leaders
Company |
Specialization |
2024 Initiative |
Market Share |
Cleaver-Brooks |
High-efficiency industrial boilers |
Expansion of modular, IoT-enabled chemical boilers |
20% |
Bosch Industriekessel |
Integrated boiler systems and services |
Launch of next-gen low-NOx chemical boiler series |
17% |
Thermax Limited |
Sustainable and waste-heat boilers |
Introduction of biomass-fired boilers for chemical plants |
14% |
Emerging Disruptors
- Miura Co., Ltd.: Focused on compact, energy-saving chemical boilers with remote monitoring capabilities
- Babcock Wanson: Specializing in hybrid boiler systems integrating conventional and renewable energy sources
Future Outlook
2024–2026
- Surge in demand for smart, modular boiler systems across chemical plants
- Increased adoption of low-NOx and hybrid boilers to meet evolving environmental regulations
2027–2029
- Carbon capture integrated boilers become mainstream in large chemical facilities
- Rapid shift toward decentralized boiler systems for multi-plant chemical complexes
2030 and Beyond
- Emergence of AI-driven autonomous boiler operations for chemical plants
- Widespread adoption of zero-emission and fully recyclable boiler systems aligning with global sustainability goals
Reasons To Buy

Scope

Key Players
- General Electric
- Siemens AG
- Mitsubishi Hitachi Power Systems
- Bharat Heavy Electricals Limited
- Doosan Heavy Industries & Construction
Global Chemical Boiler Market Report
Global Chemical Boiler Market Report
- 1. Global Chemical Boiler Market Research Report
- 1.1 Study Objectives
- 1.2 Global Chemical Boiler Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Chemical Boiler Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Application
- 2.1.3 By Fuel Type
- 2.1.4 By Pressure
- 2.1.5 By Distribution Channel
- 2.1.6 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Application, By Fuel Type, By Pressure, By Distribution Channel, By Country
- 3.3. Opportunities – By Type, By Application, By Fuel Type, By Pressure, By Distribution Channel, By Country
- 3.4. Trends – By Type, By Application, By Fuel Type, By Pressure, By Distribution Channel, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Chemical Boiler Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Fire-tube Boilers
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Water-tube Boilers
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Electric Boilers
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Biomass Boilers
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Chemical Industry
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Pharmaceutical Industry
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Food & Beverage Industry
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Pulp & Paper Industry
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Oil & Gas
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Biomass
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Coal
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Electricity
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Low Pressure
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Medium Pressure
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 High Pressure
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 Direct Sales
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Distributors.
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.1 North America
- 10.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.2 Europe
- 10.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.3 Asia-Pacific
- 10.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.4 Latin America
- 10.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.5 Middle East & Africa
- 10.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.6 Global Chemical Boiler Market - Opportunity Analysis Index, By Type, By Application, By Fuel Type, By Pressure, By Distribution Channel, and Region, 2024 - 2031
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Fire-tube Boilers
- 11.1.2 Water-tube Boilers
- 11.1.3 Electric Boilers
- 11.1.4 Biomass Boilers
- 11.2.1 Chemical Industry
- 11.2.2 Pharmaceutical Industry
- 11.2.3 Food & Beverage Industry
- 11.2.4 Pulp & Paper Industry
- 11.3.1 Oil & Gas
- 11.3.2 Biomass
- 11.3.3 Coal
- 11.3.4 Electricity
- 11.4.1 Low Pressure
- 11.4.2 Medium Pressure
- 11.4.3 High Pressure
- 11.5.1 Direct Sales
- 11.5.2 Distributors.
- 11.6.1 United States
- 11.6.2 Canada
11.8 Regional Trends Analysis
11.9 North America Global Chemical Boiler Market Research Report - Company Profiles- 11.9.1 Company 1 (United States)
- 11.9.2 Company 2 (Canada)
- 11.9.3 Company 3 (Canada)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Fire-tube Boilers
- 12.1.2 Water-tube Boilers
- 12.1.3 Electric Boilers
- 12.1.4 Biomass Boilers
- 12.2.1 Chemical Industry
- 12.2.2 Pharmaceutical Industry
- 12.2.3 Food & Beverage Industry
- 12.2.4 Pulp & Paper Industry
- 12.3.1 Oil & Gas
- 12.3.2 Biomass
- 12.3.3 Coal
- 12.3.4 Electricity
- 12.4.1 Low Pressure
- 12.4.2 Medium Pressure
- 12.4.3 High Pressure
- 12.5.1 Direct Sales
- 12.5.2 Distributors.
- 12.6.1 Germany
- 12.6.2 United Kingdom
- 12.6.3 France
- 12.6.4 Spain
- 12.6.5 Italy
- 12.6.6 Russia
- 12.6.7 Netherlands
- 12.6.8 Poland
- 12.6.9 Rest of Europe
12.8 Regional Trends Analysis
12.9 Europe Global Chemical Boiler Market Research Report - Company Profiles- 12.9.1 Company 1 (Germany)
- 12.9.2 Company 2 (United Kingdom)
- 12.9.3 Company 3 (United Kingdom)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Fire-tube Boilers
- 13.1.2 Water-tube Boilers
- 13.1.3 Electric Boilers
- 13.1.4 Biomass Boilers
- 13.2.1 Chemical Industry
- 13.2.2 Pharmaceutical Industry
- 13.2.3 Food & Beverage Industry
- 13.2.4 Pulp & Paper Industry
- 13.3.1 Oil & Gas
- 13.3.2 Biomass
- 13.3.3 Coal
- 13.3.4 Electricity
- 13.4.1 Low Pressure
- 13.4.2 Medium Pressure
- 13.4.3 High Pressure
- 13.5.1 Direct Sales
- 13.5.2 Distributors.
- 13.6.1 China
- 13.6.2 Japan
- 13.6.3 India
- 13.6.4 South Korea
- 13.6.5 Australia & NZ
- 13.6.6 ASEAN
- 13.6.7 Rest of Asia-Pacific
13.8 Regional Trends Analysis
13.9 Asia-Pacific Global Chemical Boiler Market Research Report - Company Profiles- 13.9.1 Company 1 (China)
- 13.9.2 Company 2 (Japan)
- 13.9.3 Company 3 (Japan)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Fire-tube Boilers
- 14.1.2 Water-tube Boilers
- 14.1.3 Electric Boilers
- 14.1.4 Biomass Boilers
- 14.2.1 Chemical Industry
- 14.2.2 Pharmaceutical Industry
- 14.2.3 Food & Beverage Industry
- 14.2.4 Pulp & Paper Industry
- 14.3.1 Oil & Gas
- 14.3.2 Biomass
- 14.3.3 Coal
- 14.3.4 Electricity
- 14.4.1 Low Pressure
- 14.4.2 Medium Pressure
- 14.4.3 High Pressure
- 14.5.1 Direct Sales
- 14.5.2 Distributors.
- 14.6.1 Brazil
- 14.6.2 Mexico
- 14.6.3 Argentina
- 14.6.4 Peru
- 14.6.5 Colombia
- 14.6.6 Rest of Latin America
14.8 Regional Trends Analysis
14.9 Latin America Global Chemical Boiler Market Research Report - Company Profiles- 14.9.1 Company 1 (Brazil)
- 14.9.2 Company 2 (Mexico)
- 14.9.3 Company 3 (Mexico)
- 15.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 15.1.1 Fire-tube Boilers
- 15.1.2 Water-tube Boilers
- 15.1.3 Electric Boilers
- 15.1.4 Biomass Boilers
- 15.2.1 Chemical Industry
- 15.2.2 Pharmaceutical Industry
- 15.2.3 Food & Beverage Industry
- 15.2.4 Pulp & Paper Industry
- 15.3.1 Oil & Gas
- 15.3.2 Biomass
- 15.3.3 Coal
- 15.3.4 Electricity
- 15.4.1 Low Pressure
- 15.4.2 Medium Pressure
- 15.4.3 High Pressure
- 15.5.1 Direct Sales
- 15.5.2 Distributors.
- 15.6.1 Saudi Arabia
- 15.6.2 UAE
- 15.6.3 South Africa
- 15.6.4 Egypt
- 15.6.5 Israel
- 15.6.6 Rest of Middle East and Africa
15.8 Regional Trends Analysis
15.9 Middle East & Africa Global Chemical Boiler Market Research Report - Company Profiles- 15.9.1 Company 1 (Saudi Arabia)
- 15.9.2 Company 2 (UAE)
- 15.9.3 Company 3 (UAE)
- 16.1 Strategic Dashboard of Top Market Players
16.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 16.2.1 General Electric
- 16.2.2 Siemens AG
- 16.2.3 Mitsubishi Hitachi Power Systems
- 16.2.4 Bharat Heavy Electricals Limited
- 16.2.5 Doosan Heavy Industries & Construction
18. Principal Presumptions and Acronyms