Asia-Pacific Industrial Boilers Market to 2032
Overview
The Asia-Pacific Industrial Boilers Market is expected to reach a 12,338.91 USD Billion by 2032 and is projected to grow at a CAGR of 8.22% from 2025 to 2032.
Revenue, 2024 (USD Billion)
7,536.52
Forecast, 2032 (USD Billion)
12,338.91
CAGR, 2024 - 2032
8.22%
Report Coverage
Asia-Pacific
Asia-Pacific Industrial Boilers Market 2018-2032 USD Billion
Asia-Pacific Industrial Boilers Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 7,536.52 USD Billion
- Projected Market Size (2032): 12,338.91 USD Billion
- CAGR (2025-2032): 8.22%
Key Findings of Asia-Pacific Industrial Boilers Market
- The Asia-Pacific Industrial Boilers Market was valued at 7,536.52 USD Billion in 2024.
- The Asia-Pacific Industrial Boilers Market is likely to grow at a CAGR of 8.22% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Multi Tube Boilers in Tubes in Boilers Segment accounted for the largest share of the market with a revenue of 5,673.29 USD Billion
- The fastest growing segment Gas Fired Boilers in Fuel Type Segment grew Fastest with a CAGR of 9.51% during the forecast period from 2024 to 2032.
Asia-Pacific Industrial Boilers Market Scope
Asia-Pacific Industrial Boilers Market Segmentation & Scope
Industry
- Packaging
- Agriculture
- Automotive
- Pulp and Paper
- Construction
- Hospitals
- Pharmaceutical
- Laundries and Cleaning Firm
- Breweries
- Others
- Food Industry
Boiler HorsePower
- 301 - 600 BHP
- 151 -300 BHP
- 10-150 BHP
Product Type
- Electric Hot Water Boilers
- Others
- Electric Heated Steam Boiler
- Split Condensing Steam Boiler
- Integrated Condensing Steam Boiler
- Integrated Condensing Hot Water Boiler
- Condensing Hot Water Boiler
Tubing Methods
- Fire Tube Boilers
- Water Tube Boilers
Steam Pressure
- Low Pressure Boilers
- Medium Pressure Boilers
- High Pressure Boilers
Fuel Type
- Oil Fired Boilers
- Others
- Biomass Boilers
- Coal Fired Boilers
- Gas Fired Boilers
Water and Steam Circulation in Boilers
- Natural Circulation Boilers
- Forced Circulation Boilers
Tubes in Boilers
- Single Boilers
- Multi Tube Boilers
Shell Axis
- Vertical Boilers
- Horizontal Boilers
Furnace Position
- Internally Fired Boilers
- Externally Fired Boilers
Steam Usage
- Marine Boilers
- Utility Boilers
- Process Boilers
Asia-Pacific Industrial Boilers Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 7,536.52 USD Billion |
| Market Value in 2032 | 12,338.91 USD Billion |
| CAGR (2025-2032) | 8.22% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Industry,Boiler HorsePower,Product Type,Tubing Methods,Steam Pressure,Fuel Type,Water and Steam Circulation in Boilers,Tubes in Boilers,Shell Axis,Furnace Position,Steam Usage |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 7,536.52 USD Billion in 2024
- Key Country: Japan, leading in terms of revenue with value of 1,654.60 USD Billion in 2024.
Segments and Scope
-
Asia-Pacific Industrial Boilers Market to 2032, By Industry
- Food Industry is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 1,609.98 USD Billion in the year 2024.
- Food Industry is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.92 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Boiler HorsePower
- 10-150 BHP is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 3,882.31 USD Billion in the year 2024.
- 10-150 BHP is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.88 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Product Type
- Condensing Hot Water Boiler is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 2,149.39 USD Billion in the year 2024.
- Condensing Hot Water Boiler is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 9.29 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Tubing Methods
- Water Tube Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 4,937.66 USD Billion in the year 2024.
- Water Tube Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.96 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Steam Pressure
- High Pressure Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 4,345.82 USD Billion in the year 2024.
- High Pressure Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.68 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Fuel Type
- Gas Fired Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 2,482.49 USD Billion in the year 2024.
- Gas Fired Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 9.51 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Water and Steam Circulation in Boilers
- Forced Circulation Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 4,867.49 USD Billion in the year 2024.
- Forced Circulation Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 9.30 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Tubes in Boilers
- Multi Tube Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 5,673.29 USD Billion in the year 2024.
- Multi Tube Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.95 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Shell Axis
- Horizontal Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 5,091.62 USD Billion in the year 2024.
- Horizontal Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 9.16 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Furnace Position
- Externally Fired Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 5,295.91 USD Billion in the year 2024.
- Externally Fired Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.82 % in forecast period 2025-2032.
-
Asia-Pacific Industrial Boilers Market to 2032, By Steam Usage
- Process Boilers is the largest segment in Asia-Pacific Industrial Boilers Market to 2032 with a revenue of 4,184.46 USD Billion in the year 2024.
- Process Boilers is the Fastest growing segment in Asia-Pacific Industrial Boilers Market to 2032 with a Growth rate of 8.65 % in forecast period 2025-2032.
Asia-Pacific Industrial Boilers Market Company Share Analysis
| Company Name |
|
||
| Mitsubishi Electric Corporation | |||
| GENERAL ELECTRIC | |||
| Thermax Limited | |||
| ANDRITZ | |||
| ALFA LAVAL | |||
Asia-Pacific Industrial Boilers Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Industrial Boilers Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Industrial Boilers Market is segmented based on Segmentation Industry,Boiler HorsePower,Product Type,Tubing Methods,Steam Pressure,Fuel Type,Water and Steam Circulation in Boilers,Tubes in Boilers,Shell Axis,Furnace Position,Steam Usage.
Asia-Pacific Industrial Boilers Market was valued at USD 7,536.52(Revenue in USD Billion) in 2022.
Asia-Pacific Industrial Boilers Market is projected to grow at a CAGR of 8.22% during the forecast period of 2024 to 2032.
The Multi Tube Boilers segment is expected to dominate the Asia-Pacific Industrial Boilers Market, holding a largest market share of 5,673.29 USD Billion in 2024
Asia-Pacific Industrial Boilers Market Scope
Asia-Pacific Industrial Boilers Market Segmentation & Scope
Industry
- Packaging
- Agriculture
- Automotive
- Pulp and Paper
- Construction
- Hospitals
- Pharmaceutical
- Laundries and Cleaning Firm
- Breweries
- Others
- Food Industry
Boiler HorsePower
- 301 - 600 BHP
- 151 -300 BHP
- 10-150 BHP
Product Type
- Electric Hot Water Boilers
- Others
- Electric Heated Steam Boiler
- Split Condensing Steam Boiler
- Integrated Condensing Steam Boiler
- Integrated Condensing Hot Water Boiler
- Condensing Hot Water Boiler
Tubing Methods
- Fire Tube Boilers
- Water Tube Boilers
Steam Pressure
- Low Pressure Boilers
- Medium Pressure Boilers
- High Pressure Boilers
Fuel Type
- Oil Fired Boilers
- Others
- Biomass Boilers
- Coal Fired Boilers
- Gas Fired Boilers
Water and Steam Circulation in Boilers
- Natural Circulation Boilers
- Forced Circulation Boilers
Tubes in Boilers
- Single Boilers
- Multi Tube Boilers
Shell Axis
- Vertical Boilers
- Horizontal Boilers
Furnace Position
- Internally Fired Boilers
- Externally Fired Boilers
Steam Usage
- Marine Boilers
- Utility Boilers
- Process Boilers
Frequently Asked Questions
The Asia-Pacific Industrial Boilers Market is segmented based on Segmentation Industry,Boiler HorsePower,Product Type,Tubing Methods,Steam Pressure,Fuel Type,Water and Steam Circulation in Boilers,Tubes in Boilers,Shell Axis,Furnace Position,Steam Usage.
Asia-Pacific Industrial Boilers Market was valued at USD 7,536.52(Revenue in USD Billion) in 2022.
Asia-Pacific Industrial Boilers Market is projected to grow at a CAGR of 8.22% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Industrial Boilers Market for final year is USD 12,338.91 (USD Billion).
Asia-Pacific Industrial Boilers Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Industrial Boilers Market is segmented based on Segmentation Industry,Boiler HorsePower,Product Type,Tubing Methods,Steam Pressure,Fuel Type,Water and Steam Circulation in Boilers,Tubes in Boilers,Shell Axis,Furnace Position,Steam Usage.
Asia-Pacific Industrial Boilers Market was valued at USD 7,536.52(Revenue in USD Billion) in 2022.
Asia-Pacific Industrial Boilers Market is projected to grow at a CAGR of 8.22% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Industrial Boilers Market for final year is USD 12,338.91 (USD Billion).
CHOOSE LICENCE TYPE
- 4200.00
- 3500.00
- 2000.00
- 5500.00
- 8500.00
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