Gas-Fired Chemical Boiler Market Research Report: By Fuel Type (Natural Gas, Propane, Liquefied Petroleum Gas (LPG)), By Capacity (Small (100 kg/hr), Medium (100-500 kg/hr), Large (>500 kg/hr)), By End-Use Industry (Pharmaceuticals, Chemicals, Food and Beverage, Textiles), By Application (Steam Generation, Process Heating, Power Generation), By Technology (Conventional Fired, Condensing, High-Efficiency Condensing) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032

Global Gas-Fired Chemical Boiler Market Overview:

As per MRFR analysis, the Gas-Fired Chemical Boiler Market Size was estimated at 4.66 (USD Billion) in 2022. The Gas-Fired Chemical Boiler Market Industry is expected to grow from 4.86(USD Billion) in 2023 to 7.03 (USD Billion) by 2032. The Gas-Fired Chemical Boiler Market CAGR (growth rate) is expected to be around 4.2% during the forecast period (2024 - 2032).

Key Gas-Fired Chemical Boiler Market Trends Highlighted

The Global Gas-Fired Chemical Boiler Market exhibits promising growth prospects, driven by rising demand for cost-effective and efficient heating solutions in the chemical industry. The industry's focus on optimizing energy consumption and reducing emissions has fueled the adoption of gas-fired boilers, which offer high thermal efficiency and low operating costs. Moreover, stringent environmental regulations and the increasing need for process heat in chemical manufacturing plants drive market expansion. Chemical companies seek advanced heating systems to improve product quality, enhance operational efficiency, and meet regulatory compliance. Technological advancements and innovations in boiler design and efficiency contribute to the market's growth, providing solutions tailored to specific process requirements in the chemical industry.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Gas-Fired Chemical Boiler Market Drivers

Growing Demand for Chemicals and Petrochemicals

The chemical and petrochemical industries are among the largest heat consumers, with gas-fired chemical boilers being the technology that satisfies this demand. Therefore, demand for chemicals and petrochemicals will be a critical driver of the gas-fired chemical boiler market. Chemicals are used in a vast range of industries, including automotive, construction, electronics, and pharmaceuticals. Petrochemicals are used as inputs for producing plastics, fertilizers, and other products.Growth in these industries is likely to spur demand for gas-fired chemical boilers. Another critical market driver is continued technology adoption within the chemical and petrochemical industry. Gas-fired chemical boilers have many advantages over other types, including better performance, lower emissions, and lower costs. The strong performance of gas-fired boilers and the considerable benefits they appear to provide will encourage chemical and petrochemical companies to continue replacing their competitors' technologies.Yet another critical driver of the gas-fired chemical boiler market is technology adoption in the gas-fired equipment market. Cogeneration, or combined heat and power generation, is increasingly being used in chemical and petrochemical companies. Cogeneration is advantageous because the generation of heat and electricity from one fuel source is simple. Gas-fired cogeneration systems, namely chemical boilers, can save energy for chemical and petrochemical companies.The increasing adoption of cogeneration technology is expected to be a growth driver for the gas-fired chemical boiler market. In conclusion, the gas-fired chemical boiler market is expected to grow steadily throughout the forecasted period. Key drivers of the market will include increased demand for chemicals and petrochemicals, continued technology adoption by end users, and growing technology adoption when it comes to gas-fired equipment.

Government Regulations on Emissions

Government regulations on emissions are becoming increasingly stringent, and this is leading to a growing demand for gas-fired chemical boilers. Gas-fired boilers produce lower emissions than other types of boilers, and this makes them a more attractive option for companies that are looking to reduce their environmental impact. The growing demand for gas-fired chemical boilers is also being driven by the increasing adoption of renewable energy sources.Renewable energy sources, such as solar and wind power, are intermittent, and this can make it difficult to meet the demand for electricity and heat. Gas-fired boilers can provide a reliable source of backup power and heat, and this is making them increasingly attractive to companies that are looking to reduce their reliance on fossil fuels. The gas-fired chemical boiler market is expected to grow significantly over the next ten years. The market is expected to be driven by the growing demand for gas-fired boilers in the chemical and petrochemical industries, the increasing adoption of cogeneration technology, and the growing demand for renewable energy sources.

Technological Advancements

Technological advancements play an important role in the growth of the gas-fired chemical boiler market. It is observed that gas-fired boilers are becoming more efficient and reliable in recent years. These factors lead to the growth of the demand for such type of boiler between companies, which need to reduce their operational costs. Simultaneously, new technologies allow the reduction of emissions produced by gas-fired boilers. For example, the use of low-NO x burners and flue gas recirculation systems allows the operations of gas-fired boilers to be more environmentally friendly, which also promotes the growth of the gas-fired chemical boiler market. Future growth of the gas-fired chemical boiler market appears to be increasing.It seems that within the next ten years, plenty of new opportunities will be observed due to the growth of the demand for gas-fired boilers in the chemical and petrochemical industry. In addition, the increasing popularity of cogeneration technology and the need to use renewable sources of energy will also promote future growth.

Gas-Fired Chemical Boiler Market Segment Insights:

Gas-Fired Chemical Boiler Market Fuel Type Insights  

The Global Gas-Fired Chemical Boiler Market segmentation by Fuel Type includes Natural gas,  Propane and Liquefied Petroleum Gas. Natural gas is the most widely used fuel type in gas-fired chemical boilers, contributing to over 70% of the global market in 2023. The abundant availability, cost-effectiveness and lower emissions relative to other fuels are propelling the growth of this segment. Propane and LPG have also emerged as a prominent fuel source for chemical boilers worldwide, especially in regions where natural gas is not readily available and for portable boilers.The Global Gas-Fired Chemical Boiler Market revenue from the Natural Gas segment is expected to reach USD 3.45 Billion by 2024, growing at a stable CAGR of 4.5% over the forecast period. The Propane segment is projected to capture a market value of USD 1.05 Billion by 2024, with a slightly lower growth rate of 3.8%. The LPG segment is expected to register the lowest growth rate of 3.2%, with a market value of USD 0.53 Billion by the end of the forecast period. These developments can be attributed to the growing demand for portable boilers and the expansion of infrastructural projects in various developing countries requiring more efficient chemical boilers.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Gas-Fired Chemical Boiler Market Capacity Insights  

The capacity segment of the Global Gas-Fired Chemical Boiler Market is classified into small, medium, and large. Among this, the medium segment is projected to dominate the global gas-fired chemical boiler market by holding a market share of about 40% in terms of market value in 2023. Further, the large capacity segment is witnessed to be growing with the fastest CAGR of 7.9% over the forecast period. The increasing demand for high-capacity boilers in the chemical processing industry is the major factor fuelling the growth of the gas-fired chemical boiler market across the globe.The key factor responsible for the growth of the Gas-Fired Chemical Boiler Market is the rising adoption of gas-fired boilers in the chemical industry as they are highly efficient, low-cost to operate, and also have a low emission rate as compared to traditional fuel-fired boilers.

Gas-Fired Chemical Boiler Market End-Use Industry Insights  

The end-use industry segment of the Global Gas-Fired Chemical Boiler Market is anticipated to witness substantial growth in the coming years. The pharmaceutical industry is expected to dominate the market, accounting for a significant share of the Global Gas-Fired Chemical Boiler Market revenue. The demand for gas-fired chemical boilers in the pharmaceutical industry is driven by the need for high-temperature steam for sterilization and disinfection processes. Moreover, the growing production of pharmaceuticals is further propelling the demand for gas-fired chemical boilers in this industry.The chemicals industry is another major end-use industry for gas-fired chemical boilers. The demand for gas-fired chemical boilers in the chemicals industry is attributed to the need for steam in various chemical processes, such as distillation, evaporation, and drying. Additionally, the growing production of chemicals is expected to boost the demand for gas-fired chemical boilers in the chemicals industry. The food and beverage industry is also a significant end-use industry for gas-fired chemical boilers. Gas-fired chemical boilers are used in the food and beverage industry for various applications, such as cooking, sterilization, and drying.The growing demand for processed food and beverages is expected to drive the demand for gas-fired chemical boilers in this industry. The textiles industry is another major end-use industry for gas-fired chemical boilers. Gas-fired chemical boilers are used in the textiles industry for various applications, such as dyeing, bleaching, and finishing. The increasing production of textiles is expected to boost the demand for gas-fired chemical boilers in the textiles industry.

Gas-Fired Chemical Boiler Market Application Insights  

The application segment plays a crucial role in understanding the diverse usage of gas-fired chemical boilers in various industries. Steam Generation is projected to dominate the market, accounting for over 45% of the Global Gas-Fired Chemical Boiler Market revenue in 2023. This segment caters to the high-temperature steam requirements of chemical processes, including distillation, evaporation, and drying. Process Heating follows closely, capturing around 30% of the market share. It involves maintaining precise temperatures for chemical reactions, heating equipment, and controlling process conditions.Power Generation, while a relatively smaller segment, holds significant importance in regions with limited access to grid infrastructure. Gas-fired chemical boilers provide reliable and efficient power generation for remote industrial facilities and chemical plants. These insights are valuable for manufacturers and stakeholders in identifying market opportunities and developing targeted strategies to address specific application needs.

Gas-Fired Chemical Boiler Market Technology Insights  

The Global Gas-Fired Chemical Boiler Market is segmented by Technology into Conventional Fired, Condensing, and High-Efficiency Condensing. Among these, the High-Efficiency Condensing segment is anticipated to register the fastest growth rate over the forecast period, owing to its superior energy efficiency and reduced operating costs. The growing demand for efficient and environmentally friendly boiler systems in the chemical industry is driving the market growth. Conventional Fired boilers continue to hold a significant market share due to their cost-effectiveness and wide availability.

Gas-Fired Chemical Boiler Market Regional Insights  

The Global Gas-Fired Chemical Boiler Market is segmented into North America, Europe, APAC, South America, and MEA. The regional segmentation provides insights into the market dynamics, growth potential, and competitive landscape of each region. In 2023, North America held the largest market share, accounting for approximately 35% of the Global Gas-Fired Chemical Boiler Market revenue. Europe and APAC are expected to experience significant growth in the coming years, driven by the increasing demand for energy-efficient and environmentally friendly heating solutions.South America and MEA are also expected to contribute to the market growth, albeit at a slower pace. Regional segmentation helps market players understand the specific needs and preferences of each region, enabling them to tailor their strategies accordingly.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Gas-Fired Chemical Boiler Market Key Players And Competitive Insights:

Major players in the Gas-Fired Chemical Boiler Market industry are constantly looking for new ways to improve their products and gain a competitive edge. Leading Gas-Fired Chemical Boiler Market players are investing heavily in research and development to create new and innovative products that meet the changing needs of customers. The Gas-Fired Chemical Boiler Market development is being driven by the growing demand for energy-efficient and environmentally friendly products. Companies are also focusing on developing products that are easy to install and maintain. The Gas-Fired Chemical Boiler Market Competitive Landscape is expected to remain highly competitive in the coming years. Major players are expected to continue to invest in research and development to gain a competitive advantage.A leading company in the Gas-Fired Chemical Boiler Market is Clayton Industries. Clayton has been a leader in the boiler industry for over 100 years. The company offers a wide range of gas-fired chemical boilers that are designed to meet the needs of a variety of industries. Clayton's boilers are known for their quality, reliability, and efficiency. The company has a strong sales and service network that supports its customers throughout the world.A competitor of Clayton Industries in the Gas-Fired Chemical Boiler Market is Cleaver-Brooks. Cleaver-Brooks is a leading manufacturer of boilers and other heating equipment. The company's gas-fired chemical boilers are known for their high efficiency and low emissions. Cleaver-Brooks has a strong sales and service network that supports its customers throughout the world.

Key Companies in the Gas-Fired Chemical Boiler Market Include:

• Fulton


• Weil-McLain


• CleaverBrooks


• Yamazaki Machinery Works, Ltd


• Clayton Industries


• Zhejiang Sanhua Boiler Group Co., Ltd


• Bosch Industriekessel GmbH


• Miura Boiler Co., Ltd


• Cochran


• PowerFlame


• Zhuhai Huayi Boiler Co., Ltd


• Babcock Wilcox Enterprises


• Thermax


• SpiraxSarco Engineering plc


• Viessmann

Gas-Fired Chemical Boiler Market Industry Developments

The Global Gas-Fired Chemical Boiler Market is projected to grow from USD 4.86 billion in 2023 to USD 7.03 billion by 2032, exhibiting a CAGR of 4.2% during the forecast period. Increasing demand for steam and hot water in various industries, rising energy efficiency concerns, and supportive government regulations are driving the market growth. The chemical industry is a major end-user of gas-fired chemical boilers, utilizing them for process heating, sterilization, and power generation. Technological advancements, such as the development of high-efficiency boilers with low emissions, are further propelling market expansion. Key industry participants include Babcock  Wilcox Enterprises, Inc., Miura Boiler Co., Ltd., and Thermax Limited.

Gas-Fired Chemical Boiler Market Segmentation Insights

Gas-Fired Chemical Boiler Market Fuel Type Outlook

• Natural Gas


• Propane


• Liquefied Petroleum Gas (LPG)

Gas-Fired Chemical Boiler Market Capacity Outlook

• Small (100 kg/hr)


• Medium (100-500 kg/hr)


• Large (>500 kg/hr)

Gas-Fired Chemical Boiler Market End-Use Industry Outlook

• Pharmaceuticals


• Chemicals


• Food and Beverage


• Textiles

Gas-Fired Chemical Boiler Market Application Outlook

• Steam Generation


• Process Heating


• Power Generation

Gas-Fired Chemical Boiler Market Technology Outlook

• Conventional Fired


• Condensing


• High-Efficiency Condensing


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Gas-Fired Chemical Boiler Market Regional Outlook

• North America


• Europe


• South America


• Asia-Pacific


• Middle East and Africa