Fire Tube Food Processing Boiler Market Analysis

  • Report ID: 6587
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Fire Tube Food Processing Boiler Market Analysis

Technology (Condensing, Non-condensing)

By 2037, non-condensing segment is estimated to hold more than 80.5% fire tube food processing boiler market share. The segment growth can be attributed to the lower startup costs and growing demand in small and mid-sized processing plants. Moreover, product deployment will increase due to the rapid development and retrofitting of current food processing facilities and the growing demand for dairy and baked goods. The Food and Agriculture Organization of the United Nations (FAO) stated that dairy products are consumed by about 6 billion people globally, most of whom reside in developing nations. Furthermore, strong urbanization expansion, dietary choice changes, and strict food safety standards are other major factors propelling the segment’s expansion.

Capacity (<10 MMBtu/hr, 10-25 MMBtu/hr, 25-50 MMBtu/hr, 50-75 MMBtu/hr, 75-100 MMBty/hr, 100-175 MMBtu/hr, 175-250 MMBtu, >250 MMBtu/hr)

In fire tube food processing boiler market, <10 MMBtu/hr segment is predicted to account for around 26% revenue share by 2037. The segment is expanding due to the food processing industry's ongoing need for compact, effective, and legally compliant fire-tube boilers. Favorable business prospects will arise from deploying smart control technologies that provide real-time monitoring, predictive maintenance, and enhanced operational efficiency. The market for these boiler systems will be further stimulated by ongoing governmental and private sector investment in their modernization and improvement, as well as by encouraging efficiency standards.

Fuel (Natural Gas, Oil, Coal, Others)

Natural gas segment is expected to hold fire tube food processing boiler market share of over 36.7% by the end of 2037. The segment is expanding due to the strong growth and expansion of conventional processing facilities and the rising demand for dairy and baked goods. Their excellent thermal efficiency, reduced initial cost, and improved energy utilization in industrial processes are expected to propel the industry. Modern heating systems embrace innovations such as better burner technologies and enhanced heat recovery systems, which increase their dependability and efficiency and boost the industry's potential.

Our in-depth analysis of the fire tube food processing boiler market includes the following segments:

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

Technology

  • Condensing
  • Non-condensing

Fuel

  • Natural Gas
  • Oil
  • Coal
  • Others
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Author Credits:  Dhruv Bhatia


  • Report ID: 6587
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of fire tube food processing boiler was over USD 570.4 million.

The market size for fire tube food processing boiler is projected to cross USD 1.06 billion by the end of 2037 expanding at a CAGR of 5.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Babcock Wanson Ltd., Babcock & Wilcox Enterprises, Inc., BM GreenTech Berhad, Bosch Industriekessel GmbH, Clayton Industries, Victory Energy Operations, LLC, Cleaver-Brooks, Forbes Marshall, Hurst Boiler & Welding Co, Inc., Miura America Co., Ltd., and others.

The non-condensing segment is anticipated to garner a share/size of 80.5% during 2025-2037.

The Asia Pacific fire tube food processing boiler market is poised to hold a 48.3% share by the end of 2037.
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