• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Canada Industrial Boilers Market

    ID: MRFR/E&P/52507-HCR
    128 Pages
    Chitranshi Jaiswal
    September 2025

    Canada Industrial Boilers Market Research Report By Fuel (Natural Gas, Coal, Oil, Others), By Boiler type (Fire-Tube, Water-Tube), By Rated Capacity (0.1 to 0.35 MW, 0.35 to 0.7 MW, 0.7 MW to 1 MW) and By End-User (Food & Beverages, Chemicals, Metal, Plastic, Textile, Wood, Paper, District heating, Others) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Canada Industrial Boilers Market Research Report - Global Forecast till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    Canada Industrial Boilers Market Summary

    The Canada Industrial Boilers market is projected to experience substantial growth from 650 USD Million in 2024 to 2250 USD Million by 2035.

    Key Market Trends & Highlights

    Canada Industrial Boilers Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 11.95 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2250 USD Million, indicating robust expansion.
    • In 2024, the market is valued at 650 USD Million, reflecting a strong foundation for future growth.
    • Growing adoption of energy-efficient technologies due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 650 (USD Million)
    2035 Market Size 2250 (USD Million)
    CAGR (2025-2035) 11.95%

    Major Players

    Pacific Boiler Ltd., Burnham Holdings Inc., Miura Boiler Company Ltd., Lattner Boiler Manufacturing Company, Babcock & Wilcox Enterprises Inc., Bosch Thermotechnology Corp., Hurst Boiler & Welding Company Inc., Thermogenics Boilers Inc., Industrial Boilers America Inc., CleaverBrooks Inc., Viessmann Manufacturing Company Inc., Enerflex Ltd., Fulton Boiler Works Inc., CBS Environmental Services Inc.

    Canada Industrial Boilers Market Trends

    Another notable factor is the rising demand for industrial boilers in the manufacturing and processing industries, particularly in key sectors such as food processing, petrochemicals, and utilities. With Canada's diverse economic landscape, the maintenance and upgrade of existing boiler systems are becoming paramount. Opportunities are emerging for manufacturers to innovate in boiler design, focusing on modular systems that offer flexibility and scalability to meet diverse industrial needs. Additionally, there is a notable trend towards digitalization within the market.

    Smart boilers equipped with IoT technology are increasingly being introduced, allowing industries to monitor performance in real-time, predict maintenance needs, and optimize operations.

    This not only improves efficiency but also reduces downtime and operating costs. The expansion of industrial infrastructure and the growth of the construction industry further create a ripe environment for new installations and retrofitting of existing systems, driving the overall market forward. As Canada continues to focus on reducing its carbon footprint, these trends highlight the ongoing evolution of the industrial boiler market in the region.

    Canada Industrial Boilers Market Drivers

    Market Segment Insights

    Canada Industrial Boilers Market Segment Insights

    Canada Industrial Boilers Market Segment Insights:

    Industrial Boilers Market Fuel Insights

    Industrial Boilers Market Fuel Insights

    The Fuel segment of the Canada Industrial Boilers Market stands as a crucial foundation for energy generation and is characterized by a diverse mix of energy sources powering various industrial applications. This segment's significance stems from Canada's rich natural resources and energy reserves, providing a robust environment for the utilization of Natural Gas, Coal, Oil, and other fuels. Natural Gas has become increasingly prevalent due in part to its cleaner burning properties and the growing emphasis on reducing greenhouse gas emissions in industrial processes.

    Its abundant supply from Canadian shale formations supports its dominance within the market, making it a favorable choice for a wide range of industries.

    Coal, historically a cornerstone of industrial energy supply, remains pertinent, especially in sectors that have established infrastructure for its use, although there is a gradual shift towards greener alternatives. The Oil segment provides versatility and high-energy density, which is often favored in applications requiring consistent and reliable thermal energy, such as in oil refining and petrochemical industries. The Other category, encompassing renewable and alternative fuels, is gaining traction as industrial players seek sustainable practices to comply with environmental regulations and corporate initiatives focused on sustainability.

    Overall, strategic government policies, including financial incentives for cleaner energy technologies, are further driving developments within the Fuel segment of the Canada Industrial Boilers Market. Additionally, advancements in boiler technologies, paired with rigorous emissions standards, are shaping the market dynamics, allowing for greater efficiency and lower operational costs. The insights reveal a landscape where fuel selection is carefully aligned with both operational efficiency and environmental stewardship, thus reflecting the ongoing growth trend within the sector.

    As these dynamics unfold, it is expected that the Fuel segment will continue to evolve, contributing to the overall expansion and competitive advantage of the Canada Industrial Boilers Market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Industrial Boilers Market Boiler type Insights

    Industrial Boilers Market Boiler type Insights

    The Canada Industrial Boilers Market is characterized by a diverse array of boiler types, primarily segmented into Fire-Tube and Water-Tube boilers. Fire-Tube boilers are known for their simple design and efficiency in smaller scale applications, making them a popular choice for many industrial processes across Canada. Their ability to provide hot water or steam at a relatively lower cost gives them a competitive edge, especially in smaller facilities or operations with moderate steam demands.

    Alternatively, Water-Tube boilers are recognized for their high efficiency and capacity in handling high-pressure steam applications, which are pivotal for large-scale industries such as power generation and petrochemicals.This segment has garnered attention due to its safety features and ability to quickly respond to load variations, catering to the increasing demand for steam in manufacturing processes. The Canada Industrial Boilers Market data indicates that both segments are crucial to meeting the country's growing energy needs, particularly as industries strive for efficiency and sustainability.

    Current trends point towards an increased adoption of advanced technologies and automation within these boiler types, driven by the need for operational efficiency and reduced emissions.As Canada emphasizes its commitment to reducing greenhouse gas emissions, the role of these boilers in transitioning towards sustainable industrial practices becomes increasingly significant.

    Industrial Boilers Market Rated Capacity Insights

    Industrial Boilers Market Rated Capacity Insights

    The Rated Capacity segment of the Canada Industrial Boilers Market showcases critical diversity and specialization within the industrial landscape. Categorized primarily into three ranges0.1 to 0.35 MW, 0.35 to 0.7 MW, and 0.7 MW to 1 MWthis segment reflects the varying energy needs of industries across Canada. Smaller capacity boilers, such as those within the 0.1 to 0.35 MW range, tend to be popular among smaller manufacturing facilities, offering efficient solutions for heating and process steam.

    The middle category, 0.35 to 0.7 MW, is often utilized by medium-sized enterprises that require moderate energy outputs while still focusing on cost-effectiveness and energy efficiency.The higher end of the spectrum, reaching from 0.7 MW to 1 MW, caters to larger operations and is associated with more complex industrial processes, demanding significant energy input to maintain production and operational efficiency. The continual push toward sustainable energy practices is expected to further enhance the relevance of these rated capacity ranges, as boiler systems evolve to meet both regulatory and operational efficiency standards.

    This segment provides pivotal support to Canada's industrial framework, contributing to the overall development and modernization of its energy infrastructure.

    Industrial Boilers Market End-User Insights

    Industrial Boilers Market End-User Insights

    The Canada Industrial Boilers Market, segmented by End-User, showcases a diverse landscape characterized by significant demand across various industries. The Food and Beverages sector is a major consumer, utilizing industrial boilers for processes such as heating, steam generation, and cooking, which are essential for food safety and quality. In the Chemicals industry, boilers play a vital role in processes requiring high-pressure steam and heat, contributing to efficiency and output.

    The Metal processing segment also relies heavily on boilers for applications like drying, heating, and steam generation.Similarly, the Plastic and Textile sectors utilize industrial boilers for processes like dyeing, which require consistent heat and steam. The Wood and Paper industries benefit from boilers through efficient drying processes, while District heating systems are increasingly preferred for their ability to provide heat to multiple users, reflecting a growing trend toward energy efficiency and sustainability.

    The diversity of applications across these industries illustrates the broad significance of the Canada Industrial Boilers Market and its strategic importance in supporting industrial growth and innovation throughout the region.

    Get more detailed insights about Canada Industrial Boilers Market Research Report - Global Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The Canada Industrial Boilers Market showcases a dynamic landscape characterized by a diverse range of manufacturers and suppliers who are continuously innovating to meet the growing demands for energy efficiency and sustainability. As industries across the region navigate increasing regulatory pressures and environmental considerations, the competitive insights reveal a trend towards advanced boiler technologies that not only optimize performance but also reduce emissions. Key players in this market are focused on leveraging technological advancements, strengthening their distribution networks, and enhancing customer service capabilities to capture greater market share.

    This competitive environment is further driven by the necessity for businesses to minimize downtime and operational costs, leading to a steady evolution of products and services aligned with the latest industry standards and customer needs.Pacific Boiler Ltd. stands out in the Canada Industrial Boilers Market because of its strong presence and reputation for supplying high-quality boiler systems adapted to a wide range of industrial applications. The company prioritizes dependability and energy efficiency, catering to the crucial needs of industries such as food processing, manufacturing, and chemicals.

    Pacific Boiler Ltd. is committed to after-sales assistance and maintenance, ensuring that its clients' activities are interrupted as little as possible, hence increasing customer satisfaction. The company's engineering knowledge allows it to provide customized solutions that meet unique operational requirements. Furthermore, its proactive attitude to sustainability puts it well in a market that is increasingly inclined toward environmentally friendly products.

    Burnham Holdings Inc. is another influential entity in the Canada Industrial Boilers Market, recognized for its extensive portfolio of heating products and solutions. The company specializes in the manufacturing of high-efficiency boilers and has built a substantial market presence through strategic initiatives, including mergers and acquisitions that have strengthened its technological capabilities and expanded its reach. Burnham Holdings Inc. focuses on delivering reliable and efficient products designed to meet the diverse heating needs of commercial and industrial applications.

    Its commitment to innovation is reflected in its continuous development of advanced boiler technologies which not only improve performance but also incorporate the latest in environmental regulations compliance. The company’s strength lies in its established network of distribution and service partners, enabling it to offer comprehensive support to clients throughout Canada, thereby reinforcing its position as a leader in the market.

    Key Companies in the Canada Industrial Boilers Market market include

    Industry Developments

    The Canada Industrial Boilers Market has seen significant developments recently, with a growing focus on sustainability and energy efficiency. A notable trend is the increasing adoption of advanced technologies by companies such as Bosch Thermotechnology Corp. and Miura Boiler Company Ltd. to enhance boiler performance and reduce emissions. In November 2023, Hurst Boiler and Welding Company Inc. announced a collaboration aimed at integrating AI-driven controls to optimize boiler operations and minimize fuel consumption. Furthermore, in a notable merger, Pacific Boiler Ltd. acquired CBS Environmental Services Inc. in September 2023, which is expected to expand their service offerings and customer base.

    The demand for eco-friendly boilers is being driven by stricter environmental regulations enforced by the Canadian government, promoting the use of low-emission technologies. In past years, particularly in early 2022 and late 2021, companies like Cleaver-Brooks Inc. and Babcock & Wilcox Enterprises Inc. had announced significant investments aimed at expanding their production capabilities and developing modular boiler systems, reflecting a proactive approach to meet the evolving market needs. Together, these developments indicate a dynamic and competitive landscape within the Canada Industrial Boilers Market, with companies striving to innovate and comply with stringent regulatory standards.

    Market Segmentation

    Industrial Boilers Market Fuel Outlook

    • Natural Gas
    • Coal
    • Oil
    • Others

    Industrial Boilers Market End-User Outlook

    • Food & Beverages
    • Chemicals
    • Metal
    • Plastic
    • Textile
    • Wood
    • Paper
    • District heating
    • Others

    Industrial Boilers Market Boiler type Outlook

    • Fire-Tube
    • Water-Tube

    Industrial Boilers Market Rated Capacity Outlook

    • 1 to 0.35 MW
    • 35 to 0.7 MW
    • 7 MW to 1 MW

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 585.0 (USD Million)
    Market Size 2024 650.0 (USD Million)
    Market Size 2035 2250.0 (USD Million)
    Compound Annual Growth Rate (CAGR) 11.95% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Pacific Boiler Ltd., Burnham Holdings Inc., Miura Boiler Company Ltd., Lattner Boiler Manufacturing Company, Babcock & Wilcox Enterprises Inc., Bosch Thermotechnology Corp., Hurst Boiler & Welding Company Inc., Thermogenics Boilers Inc., Industrial Boilers America Inc., CleaverBrooks Inc., Viessmann Manufacturing Company Inc., Enerflex Ltd., Fulton Boiler Works Inc., CBS Environmental Services Inc.
    Segments Covered Fuel, Boiler type, Rated Capacity, End-User
    Key Market Opportunities Growing demand for energy efficiency, Increasing regulations on emissions, Shift towards renewable energy sources, Technological advancements in boiler design, Expanding industrial manufacturing sectors
    Key Market Dynamics rising energy efficiency regulations, increasing demand for sustainable solutions, technological advancements in boiler design, growth in industrial output, aging infrastructure requiring upgrades
    Countries Covered Canada

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

    Leave a Comment

    FAQs

    What is the projected market size of the Canada Industrial Boilers Market in 2024?

    The Canada Industrial Boilers Market is expected to be valued at 650.0 million USD in 2024.

    How much is the Canada Industrial Boilers Market anticipated to grow by 2035?

    By 2035, the market is estimated to reach a value of 2250.0 million USD.

    What is the expected CAGR for the Canada Industrial Boilers Market from 2025 to 2035?

    The market is expected to grow at a compound annual growth rate of 11.95% during the forecast period.

    Which fuel type is expected to dominate the Canada Industrial Boilers Market in 2024?

    Natural gas is projected to lead the market with a value of 260.0 million USD in 2024.

    What will be the market value for the coal segment of the Canada Industrial Boilers Market in 2035?

    The coal segment is expected to reach a market value of 600.0 million USD by 2035.

    Who are the key players in the Canada Industrial Boilers Market?

    Major players include Babcock & Wilcox Enterprises Inc., CleaverBrooks Inc., and Miura Boiler Company Ltd.

    What application areas drive the growth of the Canada Industrial Boilers Market?

    Key applications include manufacturing, energy production, and services across various industries.

    What is the market size for the oil segment in the Canada Industrial Boilers Market in 2024?

    The oil segment is valued at 90.0 million USD in the year 2024.

    How will the market value for fuel types classified as 'others' change by 2035?

    The 'others' fuel type segment is projected to grow to a market value of 400.0 million USD by 2035.

    What challenges may impact the growth of the Canada Industrial Boilers Market?

    Key challenges include environmental regulations and the rising demand for energy-efficient solutions.

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
    3. Market Overview
      1. Key Findings
      2. Market Segmentation
    4. Competitive Landscape
      1. Challenges and Opportunities
      2. Future Outlook
    5. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
        3. Limitations
    6. RESEARCH METHODOLOGY
      1. Overview
    7. Data Mining
      1. Secondary Research
      2. Primary Research
    8. Primary Interviews and Information Gathering Process
      1. Breakdown of Primary
    9. Respondents
      1. Forecasting Model
      2. Market Size Estimation
    10. Bottom-Up Approach
      1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    11. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    12. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter''s Five Forces
    13. Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining Power
    14. of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    15. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    16. Threat Analysis
    17. CANADA INDUSTRIAL BOILERS MARKET, BY
    18. FUEL (USD MILLION)
      1. Natural Gas
      2. Coal
      3. Oil
    19. Others
    20. CANADA INDUSTRIAL BOILERS MARKET, BY BOILER TYPE (USD MILLION)
      1. Fire-Tube
      2. Water-Tube
    21. CANADA INDUSTRIAL BOILERS MARKET,
    22. BY RATED CAPACITY (USD MILLION)
      1. 0.1 to 0.35 MW
      2. 0.35 to 0.7
    23. MW
      1. 0.7 MW to 1 MW
    24. CANADA INDUSTRIAL BOILERS MARKET, BY END-USER
    25. (USD MILLION)
      1. Food & Beverages
      2. Chemicals
      3. Metal
      4. Plastic
      5. Textile
      6. Wood
      7. Paper
    26. District heating
      1. Others
    27. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market share Analysis
      4. Major Growth Strategy in the Industrial Boilers Market
      5. Competitive
    28. Benchmarking
      1. Leading Players in Terms of Number of Developments in the
    29. Industrial Boilers Market
      1. Key developments and growth strategies
        1. New Product Launch/Service Deployment
        2. Merger & Acquisitions
        3. Joint Ventures
      2. Major Players Financial Matrix
    30. Sales and Operating Income
      1. Major Players R&D Expenditure. 2023
    31. COMPANY PROFILES
      1. Pacific Boiler Ltd.
        1. Financial
    32. Overview
      1. Products Offered
        1. Key Developments
    33. SWOT Analysis
      1. Key Strategies
      2. Burnham Holdings Inc.
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      3. Miura Boiler
    34. Company Ltd.
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Lattner Boiler Manufacturing Company
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    35. Analysis
      1. Key Strategies
      2. Babcock & Wilcox Enterprises
    36. Inc.
      1. Financial Overview
        1. Products Offered
    37. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    38. Bosch Thermotechnology Corp.
      1. Financial Overview
        1. Products
    39. Offered
      1. Key Developments
        1. SWOT Analysis
    40. Key Strategies
      1. Hurst Boiler & Welding Company Inc.
    41. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Thermogenics
    42. Boilers Inc.
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Industrial Boilers America Inc.
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      3. CleaverBrooks Inc.
        1. Financial
    43. Overview
      1. Products Offered
        1. Key Developments
    44. SWOT Analysis
      1. Key Strategies
      2. Viessmann Manufacturing
    45. Company Inc.
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Enerflex Ltd.
        1. Financial Overview
        2. Products
    46. Offered
      1. Key Developments
        1. SWOT Analysis
    47. Key Strategies
      1. Fulton Boiler Works Inc.
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    48. Analysis
      1. Key Strategies
      2. CBS Environmental Services Inc.
        1. Financial Overview
        2. Products Offered
    49. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    50. APPENDIX
      1. References
      2. Related Reports
    51. BOILERS MARKET SIZE ESTIMATES & FORECAST, BY FUEL, 2019-2035 (USD BILLIONS)
    52. BOILER TYPE, 2019-2035 (USD BILLIONS)
    53. SIZE ESTIMATES & FORECAST, BY RATED CAPACITY, 2019-2035 (USD BILLIONS)
    54. CANADA INDUSTRIAL BOILERS MARKET SIZE ESTIMATES & FORECAST, BY END-USER,
    55. 2035 (USD BILLIONS)
    56. MARKET SYNOPSIS
    57. FUEL
    58. CANADA INDUSTRIAL BOILERS MARKET ANALYSIS BY END-USER
    59. CRITERIA OF INDUSTRIAL BOILERS MARKET
    60. ANALYSIS: INDUSTRIAL BOILERS MARKET
    61. INDUSTRIAL BOILERS MARKET
    62. MARKET
    63. INDUSTRIAL BOILERS MARKET, BY FUEL, 2019 TO 2035 (USD Billions)
    64. INDUSTRIAL BOILERS MARKET, BY BOILER TYPE, 2025 (% SHARE)
    65. BOILERS MARKET, BY BOILER TYPE, 2019 TO 2035 (USD Billions)
    66. BOILERS MARKET, BY RATED CAPACITY, 2025 (% SHARE)
    67. MARKET, BY RATED CAPACITY, 2019 TO 2035 (USD Billions)
    68. BOILERS MARKET, BY END-USER, 2025 (% SHARE)
    69. MARKET, BY END-USER, 2019 TO 2035 (USD Billions)
    70. MAJOR COMPETITORS'

    Canada Industrial Boilers Market Segmentation

    • Industrial Boilers Market By Fuel (USD Million, 2019-2035)
      • Natural Gas
      • Coal
      • Oil
      • Others
    • Industrial Boilers Market By Boiler type (USD Million, 2019-2035)
      • Fire-Tube
      • Water-Tube
    • Industrial Boilers Market By Rated Capacity (USD Million, 2019-2035)
      • 1 to 0.35 MW
      • 35 to 0.7 MW
      • 7 MW to 1 MW
    • Industrial Boilers Market By End-User (USD Million, 2019-2035)
      • Food & Beverages
      • Chemicals
      • Metal
      • Plastic
      • Textile
      • Wood
      • Paper
      • District heating
      • Others
    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials