Gas Fueled Fire Tube Chemical Boiler Market Size – By Capacity, By Technology, Analysis, Share, Growth Forecast, 2025 - 2034

Gas Fueled Fire Tube Chemical Boiler Market Size

The global gas fueled fire tube chemical boiler market was valued at USD 314.7 million in 2024 and is expected to reach USD 531.9 million by 2034, growing at a CAGR of 5.3% from 2025 to 2034. A shift toward cleaner, more efficient energy sources coupled with ongoing advancements in boiler technologies to enhance efficiency and cut emissions will amplify the business outlook.
 

Increasing investments in advanced, high-efficiency boiler technologies along with the use of durable, corrosion-resistant materials will augment the industry landscape. Emphasis on environmental sustainability and rising demand for clean energy solutions will strengthen the adoption of chemical boiler.
 

For instance, The U.S. basic chemicals industry was forecast to increase by 2.5% in 2024, led by increasing demand for petrochemicals, organic intermediates, plastic resins, and inorganic chemicals. Production of plastic resins was also set to increase by 2.9%, boosted by increased export activity.
 

Robust industrial and urban expansion in emerging economies, as well as increasing investments in energy infrastructure, will increase business potential. Strict environmental regulations favoring energy-efficient systems combined with the upgrading of existing boiler units will propel industry growth.
 

Growing importance on energy-saving heating solutions along with the convergence of cutting-edge digital technologies will foster business environment. Furthermore, ongoing development and upgradation of industrial processes along with increasing demand for efficient and effective steam generation will fuel the demand for fire tube chemical boiler.
 

For instance, between April 2000 and March 2024, foreign direct investment (FDI) in the chemical industry amounted to USD 22.146 billion. The sector is likely to attract further investments of approximately USD 93.6 billion by 2025 due to growing production capacities, technology upgradation, and rising global demand.
 

The Trump administration's tariffs may affect the gas fueled fire tube chemical boiler market by increasing material costs and disrupting supply chains. Increased prices on imported steel and components may discourage investment, postpone projects, and restrict access to advanced technologies, potentially slowing future market growth and adoption of energy-efficient systems.
 

Gas Fueled Fire Tube Chemical Boiler Market Trends

The sector is poised to experience robust growth led by favorable environmental policies, incentive schemes, and GHG emissions reduction policies. Increasing energy prices coupled with the increasing trend towards cleaner energy sources are fueling the demand for energy-efficient solutions, which will in turn fuel business scenario.
 

Increased industrialization, urbanization, and infrastructure expansion in developing economies in accordance with increasing demand for reliable heating solutions will drive industry growth. Additionally, government-sponsored programs supporting industrial heating gasification will accelerate the business potential.
 

For instance, in February 2024, Germany reaffirmed its commitment to achieving net-zero emissions by 2045, as mandated by its parliament, government, and constitutional court. This transition will require substantial decarbonization investments, leading to significant costs for citizens as the country advances toward its climate goals.
 

Governments in emerging economies are imposing stringent energy performance requirements, compelling industries to use high-efficiency boilers and increasing product demand. Additionally, advancements in condensing technologies and the implementation of advanced control systems will create a positive business outlook.
 

The construction of LNG infrastructure and rapid growth in pipeline networks to ensure stable gas supply, making these boilers an economical option for chemical plants. Technological innovations are improving efficiency and cutting operational costs, while advancements in burner technology aimed at boosting combustion efficiency and lowering NOx emissions will propel industry growth.
 

For instance, according to the Ministry of Petroleum and Natural Gas, in 2024, LNG infrastructure is poised for expansion, with 100,000 buses and trucks adopting LNG for long-distance transport. Additionally, the cold warehousing sector is set to add 0.4 MMT of capacity, with a total estimated investment of USD 130 million.
 

These systems provide operational versatility, allowing chemical plants to vary operations up or down depending on demand without heavy investment in fixed plants. Industrial growth in developing economies along with growing circular economy initiatives and higher demand for process heat will further drive business growth.
 

Gas Fueled Fire Tube Chemical Boiler Market Analysis

• The gas fueled fire tube chemical boiler industry was estimated at USD 280.1, 297.5 and 314.7 million in 2022, 2023 and 2024 respectively. Based on technology, the industry is segmented into condensing and non-condensing. The industry has experienced notable growth fueled by enhanced operational efficiency and the integration of advanced technologies.
   
• The condensing gas fueled fire tube chemical boiler market is expected to grow at a CAGR of over 5% till 2034. Increasing energy costs and tight environmental regulations are compelling industries to turn to condensing technology for fuel conservation and lower carbon emissions. Furthermore, government rebates and incentives for energy-saving equipment will fuel industry outlook.
   
• For instance, in 2024, the U.S. Department of Energy (DOE) launched an investment of up to USD 6 billion to drive decarbonization in energy-intensive manufacturing industries. This program aims at sectors such as chemicals and refining, seeking to lower emissions, improve energy efficiency, and speed up the transition to cleaner production technologies.
   
• The non-condensing gas fueled fire tube chemical boiler market will exceed USD 400 million by 2034. These boilers are the choice in developing economies because they are economical and can be adapted to existing infrastructure. Modulating burners and advanced control systems will further propel demand for these units.
   

• Based on capacity, the industry is segmented into > 250 MMBTU/hr, 175 - 250 MMBTU/hr, 100 - 175 MMBTU/hr, 75 - 100 MMBTU/hr, 50 - 75 MMBTU/hr, 25 - 50 MMBTU/hr, 10 - 25 MMBTU/hr, and 10 MMBTU/hr. The 10 MMBTU/hr rated gas fueled fire tube chemical boiler holds a market share of 30.1% in 2024. These types of boilers are preferred owing to their small footprint, simple installation, and lower initial expenses.
   
• The 10 - 25 MMBTU/hr gas fueled fire tube chemical boiler market is poised to attain of 5% CAGR through 2034. These units are commonly used in small to medium-sized chemical plants. The capacity to schedule maintenance on the basis of actual boiler conditions, as opposed to regular intervals, is improving the lifecycle of these systems.
   
• For instance, in 2023, the Infrastructure Investment and Jobs Act dedicated USD 75 billion to advance clean energy efforts, including USD 21.5 billion for clean energy projects, USD 8.6 billion to enhance clean energy manufacturing, and USD 6.5 billion aimed at improving energy efficiency.
   
• The 25 - 50 MMBTU/hr rated gas fueled fire tube chemical boiler market is projected to reach over USD 40 million by 2034. Rising regulations targeting NOx and SOx emission reductions along with expanding tax incentives for investing in high-efficiency gas-fired equipment will strengthen business dynamics.
   
• The 50 - 75 MMBTU/hr gas fueled fire tube chemical boiler market reached over USD 35 million in 2024. Growing emphasis on highly efficient models in order to comply with national and international standards will escalate the demand of these systems. Moreover, the rising shifts toward operational efficiency and decarbonization efforts will drive industry scenario.
   
• For instance, in July 2023, the Department of Energy awarded USD 23.4 million for carbon management activities to 16 projects across 14 states. The funding will aid firms participating in the constituents’ activities related to the development of carbon capture, transport, and storage systems.
   
• The 100 - 175 MMBTU/hr gas fueled fire tube chemical boiler market has a market share of over 10% in 2024. The deployment of these boilers can be found in large-scale chemical plants which have high and constant demand for heat.
   
• The 175 - 250 MMBTU/hr gas fueled fire tube chemical boiler industry set to register at a CAGR of over 5% till 2034. Substantial public and private sector investments to upgrade existing boiler systems for compliance with evolving environmental regulations and efficiency standards will boost industry scenario.
   
• For instance, in 2023, Japan invested roughly USD 13.4 billion into its chemical industry. This investment underscores Japan’s efforts toward further developing its chemical industry and utilizing capital investments to stimulate industrial growth.
   
• The > 250 MMBTU/hr gas fueled fire tube chemical boiler market was valued at over USD 15 million by 2024. The systems enable chemical industries to store surplus heat or energy produced during off-peak periods and provide a more stable supply when demand surges, thus fostering expansion within the industry.
   

• The U.S. gas fueled fire tube chemical boiler market was valued at USD 70.9, 74.6, 78.9 million in 2022, 2023 and 2024 respectively. Favorable government incentive programs, swift technological advancements, and the modernization of industrial infrastructure will drive the adoption of these high-efficiency boilers.?
   
• The North America gas fueled fire tube chemical boiler market will witness a CAGR of over 4.5% through 2034. Continuous innovations in advanced technology solutions including predictive maintenance technologies and remote monitoring in association with air emissions initiatives will further bolster the business dynamics.
• For reference, in 2023, the chemical industry in Canada had a production value of USD 74.9 billion and chemical products exports amounted to USD 48 billion, which accentuates Canada’s prominence in international trade.
   
• The Europe gas fueled fire tube chemical boiler market was valued at over USD 80 million in 2024. The region is experiencing notable development driven by increased focus on energy efficiency in industrial activities. In addition, the growth of small and medium-sized enterprises in the chemical industry will propel the business outlook.
   
• The Asia Pacific gas fueled fire tube chemical boiler market is set to reach over USD 200 million by 2034. Rapid expansion of gas storage technology along with the incorporation of renewable energy sources into conventional heating systems will positively influence the industry scenario.
   
• For illustration, capital expenditures in the EU27 chemical sector in 2023 reached roughly USD 34.6 billion, up from USD 32.7 billion in 2022 marking it as the second highest on record.
   
• The Middle East & Africa gas fueled fire tube chemical boilers market has a market share of over 5.5% in 2024. The reduction of emission policies together with the innovation of design concepts in modular boilers will create favorable business opportunities.
   
• The Latin America gas fueled fire tube chemical boiler market will witness a CAGR of over 3.5% till 2034. Ongoing improvements in boiler technology such as combustion systems and heat exchangers along with federal and state-level rebates and incentive programs will energize the industry's growth.
   

Gas Fueled Fire Tube Chemical Boiler Market Share

• The top 5 players, including ALFA LAVAL, Babcock Wanson, Babcock & Wilcox, Viessmann and Ariston Holding together hold a share of about 40% in the gas fueled fire tube chemical boiler industry. Increasing innovation by key industry players on boiler systems greatly improves energy use and sustainability spanning various industries.
   
• For reference, Alfa Laval received an approval in principle from the American Bureau of Shipping (ABS) for operating boilers on methanol. The business additionally constructed a burner, and a fuel supply unit based on specific features of methanol.
   
• Viessmann bolsters its strategic market position by advancing their boiler technology. The company is revolutionizing the industry by enhancing the effectiveness of heating systems, energy management, and emission controls.
   

Gas Fueled Fire Tube Chemical Boiler Market Companies

• Alfa Laval showcased its net sales for 2024, which stood at USD 6.3 billion, an increase of 7% in order intake which climbed to USD 7.1 billion. The firm’s earnings increased significantly to USD 705.6 million, representing an increase of 16.5% YoY. Moreover, the aim of the company is to drive innovation and sustainability through advanced solutions.
   
• Ariston Holding generated USD 3 billion in 2024. The company operated in thermal, burners and components segment. Its thermal segment generated USD 2.8 billion in 2024, while its burners and components segment generated USD 101.7 million and USD 90.1 million respectively, in 2024.
   
• Thermax’s revenue grew to 860.9 million USD by the end of September 2024. The increase in revenue was due to the company’s new boiler solutions which advanced the demand for energy-saving and eco-friendly heating systems.
   

Major players operating in the gas fueled fire tube chemical boiler market are:

• ALFA LAVAL
• Applied Control
• Ariston Holding
• Babcock Wanson
• Bosch Industriekessel
• Clayton Industries
• Cleaver-Brooks
• Cochran
• EPCB Boiler
• Forbes Marshall
• Hurst Boiler & Welding
• Miura America
• Rentech Boiler Systems
• Ross Boilers
• Thermax
• Thermodyne Boilers
• Viessmann
• Zhengzhou Boiler Group
   

Gas Fueled Fire Tube Chemical Boiler Industry News

• In May 2024, Miura acquired Cleaver-Brooks together with its solid market relationships and green sustainable boiler practices. Also, the acquisition enabled the firms to synergistically integrate their competencies in the mastery of energy utilization in the cogeneration system, emissions control, and smart boiler technologies for higher innovation options in various industries.
   
• In March 2024, Hurst Boiler & Welding entered into an agreement with Nationwide Boiler to grant them independent representatives for the Texas and California markets. The partnership increased bolstering customer access to Hurst’s boilers, feedwater systems, and engineered solutions in various industrial applications.
   
• In February 2024, Babcock Wanson acquired VKK Group, a significant actor in industrial boiler design and manufacturing. VKK also serves energ?, food and chemical industries offering engineering project execution, and maintenance services. This purchase enables Babcock Wanson to exploit VKK's plants in Köthen and Duisburg, thereby strengthening its foothold in Germany.
   
• In January 2023, Babcock Wanson expanded its industrial boiler portfolio by acquiring PBS Power Equipment, an industrial boiler solution provider, in parallel with purchasing Norway-based high-voltage boiler leader Parat. These strategic acquisitions enhance Babcock Wanson’s Competitive position in Europe and further enable them to service customers during the energy transition.
   

The gas fueled fire tube chemical boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Units), Capacity (MMBTU/hr) & revenue (USD Million) from 2021 - 2034, for the following segments:

Click here to Buy Section of this Report

Market, By Capacity

• 10 MMBTU/hr
• 10 - 25 MMBTU/hr
• 25 - 50 MMBTU/hr
• 50 - 75 MMBTU/hr
• 75 - 100 MMBTU/hr
• 100 - 175 MMBTU/hr
• 175 - 250 MMBTU/hr
• > 250 MMBTU/hr

Market, By Technology

• Condensing
• Non-condensing

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Poland
  • Italy
  • Spain
  • Austria
  • Germany
  • Sweden
  • Russia
• Asia Pacific
  • China
  • India
  • Philippines
  • Japan
  • South Korea
  • Australia
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • UAE
  • Nigeria
  • South Africa
• Latin America
  • Argentina
  • Chile
  • Brazil