As per Intent Market Research, the Water Tube Low Temperature Industrial Boiler Market was valued at USD 3.5 Billion in 2024-e and will surpass USD 5.9 Billion by 2030; growing at a CAGR of 9.1% during 2025 - 2030.
The Water Tube Low Temperature Industrial Boiler Market is experiencing significant growth, driven by industries seeking cost-effective and energy-efficient solutions for processes requiring lower-temperature steam. These boilers are well-suited for operations that demand moderate pressure and temperature, making them ideal for sectors such as food and beverage, pharmaceuticals, and chemicals. With increasing demands for sustainability and the shift towards energy-efficient systems, the market is evolving with a focus on cleaner technologies and reduced operational costs.
Biomass-Fired Boilers Segment Is Largest Owing to Sustainable Energy Practices
Biomass-fired boilers dominate the Water Tube Low Temperature Industrial Boiler Market due to their sustainability and ability to use renewable resources as fuel. By utilizing organic waste, agricultural by-products, and other biomass materials, these boilers offer a cleaner alternative to fossil-fuel-based systems like coal or oil-fired boilers.
The growing emphasis on reducing carbon emissions and adopting renewable energy sources across industries, particularly in the food, beverage, and pharmaceutical sectors, is driving the increasing preference for biomass-fired boilers. This trend aligns with global sustainability goals and positions biomass-fired boilers as the largest segment in the market.
Below 10 Tons Capacity Segment Is Fastest Growing Owing to Small-Scale Applications
The below 10 tons capacity segment is the fastest growing in the Water Tube Low Temperature Industrial Boiler Market, driven by the increasing demand for small-scale, efficient heating systems. These boilers are particularly suitable for industries that require moderate steam generation, such as the food and beverage industry, where the production scale may not demand large boiler capacities.
The compact size, ease of installation, and lower operational costs of boilers in this capacity range make them highly attractive for small and medium-sized enterprises. Additionally, the rising trend of local food production and smaller manufacturing units contributes to the growing adoption of boilers below 10 tons.
Pharmaceutical Industry Segment Is Largest End-Use Industry Owing to Precise Temperature Control
The pharmaceutical industry is the largest end-use industry for water tube low-temperature industrial boilers, as these systems are critical in applications like sterilization, drying, and distillation, which require precise temperature and steam control. Boilers in this market are used to generate steam at lower temperatures, essential for processes where higher temperatures could degrade sensitive materials.
Given the stringent regulatory standards and the need for high-quality, safe products in pharmaceutical production, the demand for reliable and energy-efficient steam solutions is increasing. Water tube boilers are particularly favored in the pharmaceutical industry for their efficiency and ability to maintain consistent steam quality.
Food and Beverage Industry Segment Is Fastest Growing End-Use Industry Owing to Efficiency Needs
The food and beverage industry is the fastest growing end-use sector for water tube low-temperature industrial boilers, fueled by the rising need for energy-efficient systems in food production, pasteurization, and processing. Boilers in this segment generate the moderate steam needed for these applications while also meeting sustainability goals.
The demand for consistent steam quality, reduced energy consumption, and minimized operational costs in food and beverage manufacturing is driving the adoption of low-temperature water tube boilers. As consumer preferences shift towards more sustainable and locally produced foods, small- and medium-sized food processors are increasingly turning to these energy-efficient boiler solutions.
Europe Is Largest Region Owing to Strict Environmental Regulations and Technological Advancements
Europe leads the Water Tube Low Temperature Industrial Boiler Market, driven by stringent environmental regulations that push industries to adopt cleaner and more energy-efficient technologies. The European Union’s commitment to sustainability and carbon emission reductions further supports the widespread adoption of biomass and gas-fired boilers.
Industries across the region, including pharmaceuticals and food processing, are increasingly incorporating low-temperature water tube boilers to comply with regulations and reduce operational costs. The presence of leading boiler manufacturers and a focus on technological advancements ensure Europe remains the largest market in this sector.
Competitive Landscape and Key Players
The Water Tube Low Temperature Industrial Boiler Market is competitive, with key players such as Babcock & Wilcox, Thermax Ltd., Bosch Industriekessel, and Miura America Co. leading the market. These companies focus on developing innovative, energy-efficient, and environmentally friendly boiler systems to meet the specific needs of industries like pharmaceuticals and food processing.
To maintain a competitive edge, players are investing in research and development to improve boiler efficiency, reduce emissions, and integrate smart technologies into their products. The competitive landscape also includes emerging players that offer cost-effective and customizable boiler solutions, driving innovation and market growth.
List of Leading Companies:
- Bosch Thermotechnology
- Cleaver-Brooks
- Miura Co., Ltd.
- Parker Boiler Company
- Thermax Limited
- Babcock & Wilcox Enterprises
- Forbes Marshall
- Aalborg Industries
- Mitsubishi Heavy Industries
- Doosan Heavy Industries & Construction
- IHI Corporation
- Hitachi Ltd.
- Fulton Boiler Works
- ZG Group
- Viessmann Group
Recent Developments:
- Bosch Thermotechnology introduced a new range of low-temperature gas-fired industrial boilers designed for the food processing industry, focusing on energy savings and low emissions.
- Cleaver-Brooks unveiled an electric boiler system with advanced temperature controls and high efficiency, catering to pharmaceutical and chemical industries.
- Miura Co., Ltd. launched a low-temperature biomass-fired boiler system for the food and beverage sector, offering sustainable and cost-effective heating solutions.
- Parker Boiler Company announced the release of a modular, low-temperature oil-fired boiler for use in small to medium manufacturing facilities.
- Thermax Limited expanded its portfolio with a high-efficiency low-temperature industrial boiler designed for chemical industry applications to reduce energy consumption and improve productivity.
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 3.5 Billion |
Forecasted Value (2030) |
USD 5.9 Billion |
CAGR (2025 – 2030) |
9.1% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Global Water Tube Low Temperature Industrial Boiler Market by Type of Boiler (Biomass-Fired Boilers, Gas-Fired Boilers, Oil-Fired Boilers, Electric Boilers), Capacity (Below 10 Tons, 10-50 Tons, Above 50 Tons), End-Use Industry (Food and Beverage Industry, Pharmaceutical Industry, Chemical Industry, Manufacturing Sector) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Bosch Thermotechnology, Cleaver-Brooks, Miura Co., Ltd., Parker Boiler Company, Thermax Limited, Babcock & Wilcox Enterprises, Aalborg Industries, Mitsubishi Heavy Industries, Doosan Heavy Industries & Construction, IHI Corporation, Hitachi Ltd., Fulton Boiler Works, Viessmann Group |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
Frequently Asked Questions
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Water Tube Low Temperature Industrial Boiler Market, by Type of Boiler (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Biomass-Fired Boilers |
4.2. Gas-Fired Boilers |
4.3. Oil-Fired Boilers |
4.4. Electric Boilers |
5. Water Tube Low Temperature Industrial Boiler Market, by Capacity (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Below 10 Tons |
5.2. 10-50 Tons |
5.3. Above 50 Tons |
6. Water Tube Low Temperature Industrial Boiler Market, by End-Use Industry (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Food and Beverage Industry |
6.2. Pharmaceutical Industry |
6.3. Chemical Industry |
6.4. Manufacturing Sector |
7. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Regional Overview |
7.2. North America |
7.2.1. Regional Trends & Growth Drivers |
7.2.2. Barriers & Challenges |
7.2.3. Opportunities |
7.2.4. Factor Impact Analysis |
7.2.5. Technology Trends |
7.2.6. North America Water Tube Low Temperature Industrial Boiler Market, by Type of Boiler |
7.2.7. North America Water Tube Low Temperature Industrial Boiler Market, by Capacity |
7.2.8. North America Water Tube Low Temperature Industrial Boiler Market, by End-Use Industry |
7.2.9. By Country |
7.2.9.1. US |
7.2.9.1.1. US Water Tube Low Temperature Industrial Boiler Market, by Type of Boiler |
7.2.9.1.2. US Water Tube Low Temperature Industrial Boiler Market, by Capacity |
7.2.9.1.3. US Water Tube Low Temperature Industrial Boiler Market, by End-Use Industry |
7.2.9.2. Canada |
7.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
7.3. Europe |
7.4. Asia-Pacific |
7.5. Latin America |
7.6. Middle East & Africa |
8. Competitive Landscape |
8.1. Overview of the Key Players |
8.2. Competitive Ecosystem |
8.2.1. Level of Fragmentation |
8.2.2. Market Consolidation |
8.2.3. Product Innovation |
8.3. Company Share Analysis |
8.4. Company Benchmarking Matrix |
8.4.1. Strategic Overview |
8.4.2. Product Innovations |
8.5. Start-up Ecosystem |
8.6. Strategic Competitive Insights/ Customer Imperatives |
8.7. ESG Matrix/ Sustainability Matrix |
8.8. Manufacturing Network |
8.8.1. Locations |
8.8.2. Supply Chain and Logistics |
8.8.3. Product Flexibility/Customization |
8.8.4. Digital Transformation and Connectivity |
8.8.5. Environmental and Regulatory Compliance |
8.9. Technology Readiness Level Matrix |
8.10. Technology Maturity Curve |
8.11. Buying Criteria |
9. Company Profiles |
9.1. Bosch Thermotechnology |
9.1.1. Company Overview |
9.1.2. Company Financials |
9.1.3. Product/Service Portfolio |
9.1.4. Recent Developments |
9.1.5. IMR Analysis |
*Similar information will be provided for other companies |
9.2. Cleaver-Brooks |
9.3. Miura Co., Ltd. |
9.4. Parker Boiler Company |
9.5. Thermax Limited |
9.6. Babcock & Wilcox Enterprises |
9.7. Forbes Marshall |
9.8. Aalborg Industries |
9.9. Mitsubishi Heavy Industries |
9.10. Doosan Heavy Industries & Construction |
9.11. IHI Corporation |
9.12. Hitachi Ltd. |
9.13. Fulton Boiler Works |
9.14. ZG Group |
9.15. Viessmann Group |
10. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Water Tube Low Temperature Industrial Boiler Market . In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Water Tube Low Temperature Industrial Boiler Market The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Water Tube Low Temperature Industrial Boiler Market These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.