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Additionally, stringent environmental regulations are pushing manufacturers to design and produce boilers with lower emissions, improved thermal efficiency, and the ability to use alternative fuels, such as biomass and natural gas, rather than traditional fossil fuels like coal and oil. This shift is not only a response to regulatory pressures but also reflects the growing demand for sustainable, energy-efficient technologies in industrial settings.
The global industrial boiler market was valued at USD 14.2 billion in 2022 and is projected to reach USD 20.7 billion by 2030, with a compound annual growth rate (CAGR) of 4.8% over the forecast period, as reported by Grand View Research.
For more information about industrial boilers manufacturers, visit EPCB boiler.
The global industrial boiler market was valued at USD 14.2 billion in 2022 and is projected to reach USD 20.7 billion by 2030, with a compound annual growth rate (CAGR) of 4.8% over the forecast period, as reported by Grand View Research.
For more information about industrial boilers manufacturers, visit EPCB boiler.