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Global Oil & Gas Fired Boilers Market Growth 2025-2031


Sep 2025

Machinery & Equipment

Pages: 165

LPI2742

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The global Oil & Gas Fired Boilers market size is predicted to grow from US$ 132 million in 2025 to US$ 169 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

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Oil & gas fired boilers are vessels that use oil or natural gas as fuel. Such vessels are widely used in industry and commerce to generate steam, hot water or heat, to drive machinery and equipment or to provide thermal energy. Oil and gas fired boilers supply boiler water by burning the heat energy released from the oil or gas to produce steam or hot water for a variety of industrial and domestic uses.

United States market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Oil & Gas Fired Boilers players cover Thermax, Isgec Heavy Engineering, Alfa Laval, Allmech, Sugimat, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Oil & Gas Fired Boilers Industry Forecast” looks at past sales and reviews total world Oil & Gas Fired Boilers sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil & Gas Fired Boilers sales for 2025 through 2031. With Oil & Gas Fired Boilers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil & Gas Fired Boilers industry.

This Insight Report provides a comprehensive analysis of the global Oil & Gas Fired Boilers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil & Gas Fired Boilers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil & Gas Fired Boilers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil & Gas Fired Boilers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil & Gas Fired Boilers.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil & Gas Fired Boilers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Oil Boiler
    Gas Boiler

Segmentation by Application:

    Industrial Manufacturing
    Heating Systems
    Power Generation
    Petrochemicals
    Others

This report also splits the market by region:

    Americas

        United States
        Canada
        Mexico
        Brazil

    APAC

        China
        Japan
        Korea
        Southeast Asia
        India
        Australia

    Europe

        Germany
        France
        UK
        Italy
        Russia

    Middle East & Africa

        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Thermax
    Isgec Heavy Engineering
    Alfa Laval
    Allmech
    Sugimat
    Thermodyne Boilers
    Viessmann
    Forbes Marshall
    Babcock & Wilcox
    Miura
    Rentech Boiler
    Fulton
    Hurst Boiler & Welding Company
    Ferroli
    Hoval
    Parker Boiler
    Fondital
    Wuxi Zozen Boilers
    Zhengzhou Boiler
    Henan Yongxing Boiler Group
    Jiangsu Sifang Clean Energy Equipment
    Jiangsu Devotion Boiler
    Henan Yuanda Boiler
    Jiangsu Shuangliang Boiler

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil & Gas Fired Boilers market?
What factors are driving Oil & Gas Fired Boilers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oil & Gas Fired Boilers market opportunities vary by end market size?
How does Oil & Gas Fired Boilers break out by Type, by Application?

Oil & Gas Fired Boilers Market Scope

Report AttributeDetails
Market Size (Start Year)USD XX Million
Market Size (End Year)USD XX Million
Compound Annual Growth Rate (CAGR)USD XX Million
Forecast PeriodUSD XX Million
Base YearUSD XX Million
Historical DataUSD XX Million
Key PlayersUSD XX Million

REPORT COVERAGE

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

SEGMENT COVERED

By component, deployment, organization size, application, and industry.

REGIONAL SCOPE

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

COUNTRY SCOPE

Includes key countries across all major regions.


📘 Frequently Asked Questions

1. What is the market size of Global Oil & Gas Fired Boilers Market?

Answer: The global Oil & Gas Fired Boilers market size is predicted to grow from US$ 132 million in 2025 to US$ 169 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.Oil & gas fired boilers are vessels that use oil or natural gas as fuel. Such vessels are widely used in industry and commerce to generate steam, hot water or heat, to drive machinery and equipment or to provide thermal energy. Oil and gas fired boilers supply boiler water by burning the heat energy released from the oil or gas to produce steam or hot water for a variety of industrial and domestic uses.United States market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.China market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.Europe market for Oil & Gas Fired Boilers is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.Global key Oil & Gas Fired Boilers players cover Thermax, Isgec Heavy Engineering, Alfa Laval, Allmech, Sugimat, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.LP Information, Inc. (LPI) ' newest research report, the “Oil & Gas Fired Boilers Industry Forecast” looks at past sales and reviews total world Oil & Gas Fired Boilers sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil & Gas Fired Boilers sales for 2025 through 2031. With Oil & Gas Fired Boilers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil & Gas Fired Boilers industry.This Insight Report provides a comprehensive analysis of the global Oil & Gas Fired Boilers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil & Gas Fired Boilers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil & Gas Fired Boilers market.This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil & Gas Fired Boilers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil & Gas Fired Boilers.This report presents a comprehensive overview, market shares, and growth opportunities of Oil & Gas Fired Boilers market by product type, application, key manufacturers and key regions and countries.Segmentation by Type:    Oil Boiler

2. Which regions are analyzed in the Global Oil & Gas Fired Boilers Market report?

Answer: The Global Oil & Gas Fired Boilers Market report covers major regions such as Europe. Each region is analyzed for trends, opportunities, and market dynamics.

3. What methodology is used for forecasting of Global Oil & Gas Fired Boilers Market?

Answer: The Global Oil & Gas Fired Boilers Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.

4. Are emerging markets analyzed separately in the Global Oil & Gas Fired Boilers Market?

Answer: Yes, the Global Oil & Gas Fired Boilers Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.

5. Does the report include competitive benchmarking of Global Oil & Gas Fired Boilers Market?

Answer: Yes, Global Oil & Gas Fired Boilers Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.

6. Can I access country-level data within the Global Oil & Gas Fired Boilers Market report?

Answer: Yes, Global Oil & Gas Fired Boilers Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.

7. Can I get customized insights or data from the Global Oil & Gas Fired Boilers Market report?

Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

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