Industrial Boiler Maintenance Market Share

APAC Market Forecast

Industrial boiler maintenance market in Asia Pacific is predicted to account for the largest share of 37% by 2036 impelled by the increasing industrialization. For instance, industrial activities are increasing owing to the rapid population expansion and increased urbanization in nations such as China and India.

This as a result is expected to increase the demand for industrial boilers in the region. As more and more industrial boilers are utilized the need for maintenance may also rise since boilers represent a significant investment, and they require regular maintenance and inspection, to maintain their condition and guarantee the workers' security at the processing facility. In 2023, India's industrial production increased by an average of over 6% as compared to around 133% in 2021 and approximately 57% in 2020.

European Market Statistics

The Europe industrial boiler maintenance market is estimated to be the second largest, during the forecast timeframe led by growing popularity of boilers in food & beverages industry. The European food processing industry extensively uses steam boilers owing to their adaptability to various applications, and they are also an integral part of the food processing industry since they generate steam that aids in the cooking, sanitizing, processing, and packaging in the food industry.

 In addition, few sectors in the region extensively use boilers in the beverage industry for manufacturing and processing breweries, distilleries, and canning these boilers may face risk of corrosion, overheating, and boiler failures which increases the need for frequent maintenance.