Industrial Boilers Market Is Likely To Up Demand At A USD 20.7 Billion By 2030
San Francisco, 11 Dec 2023: The Report Industrial Boiler Market Size, Share & Trends Analysis Report By Application (Chemicals & Petrochemicals, Paper & Pulp, Food & Beverage, Metals & Minings), By Fuel (Oil & Gas, Fossil, Biomass), By Region, And Segment Forecasts, 2023 - 2030 The global industrial boiler market size is expected to reach USD 20.7 billion by 2030, registering a CAGR of 4.8% during the forecast period, according to a new report by Grand View Research, Inc. Rapid industrialization in developing economies is expected to boost the demand for the industry during the forecast period. In addition, the growing food and beverage industry is expected to positively impact product demand over the coming years. Boilers are vessels that produce steam to fulfill heating requirements with the support of numerous energy sources including oil and gas, fossils, non-fossils, and biomass. These vessels are used by numerous industries including food and beverage