The global Chemical Industrial Electric Boiler Market was valued at USD 124.2 million in 2024 and is expected to grow at a CAGR of over 16.48% from 2025 to 2034. The accelerating clean energy transition and supportive government incentive programs for efficient heating solutions are strengthening the industry landscape. Continuous advancements in electric boiler technology, integrated with sophisticated control systems such as IoT sensors and automation, are expanding market opportunities. These innovations enable real-time monitoring, predictive maintenance, and optimized energy consumption, improving efficiency while reducing downtime in chemical processing facilities. Growing demand for customized systems designed to meet precise process requirements allows chemical manufacturers to adopt varying capacities with minimal modifications to existing infrastructure. Enhanced reliability and accurate temperature control further position electric boilers as an ideal solution for chemically intensive processes, driving sustained industrial demand.

Based on voltage classification, the market is divided into low and medium voltage systems. Growing adoption of electric heating solutions offering rapid start-up and accurate temperature control, which are essential for continuous heat-dependent chemical processes, is supporting market growth. The low voltage segment is expanding due to stricter regulations aimed at reducing fossil fuel usage, along with clean energy incentives, compact design, and low maintenance requirements. Meanwhile, the medium voltage segment benefits from advanced insulation, efficient heating components, and intelligent load management, enabling seamless renewable integration, precise thermal control, and stronger support for industrial decarbonization initiatives.

Based on capacity, the market is segmented into 10 MMBTU/hr, 10–50 MMBTU/hr, 50–100 MMBTU/hr, 100–250 MMBTU/hr, and above 250 MMBTU/hr. The 10 MMBTU/hr segment accounted for a 37% share in 2024, driven by expanding chemical infrastructure and growing adoption of high-efficiency electric boilers. The 10–50 MMBTU/hr range is witnessing strong growth through 2034 due to its optimal energy output, precise operational control, and compact design suited for medium-scale chemical processes. Higher capacity segments, including 50–100 MMBTU/hr and 100–250 MMBTU/hr, are increasingly adopted for large chemical operations requiring continuous, reliable, and energy-efficient steam generation with enhanced safety and scalability.

The U.S. chemical industrial electric boiler market has shown steady growth in recent years, supported by extended clean energy tax credits and rising international agreements promoting electrification. Across North America, strong industrial activity, continuous technological innovation, and increasing collaboration between private companies and state governments to enhance industrial infrastructure are accelerating market expansion. Regulatory initiatives supporting clean electricity are further reinforcing this trend. In Europe, stringent carbon emission regulations and the growing adoption of alternative heating technologies are strengthening market penetration. Additionally, the rising use of on-site renewable energy systems is positively shaping the regional business landscape.

The Chemical Industrial Electric Boiler Market is highly consolidated. Some of the market key players are ALFA LAVAL, Babcock Wanson, Bosch Industriekessel, Cleaver-Brooks, Chromalox, Danstoker A/S, FERROLI, PARAT Halvorsen AS, Precision Boilers, Thermodyne Boilers, Thermon, and Vapor Power.

• In February 2025, Cleaver-Brooks introduced the LVR electric hydronic boiler, designed to deliver near-total efficiency with zero onsite emissions. The unit features the company’s proprietary modular design, allowing easy scalability and seamless integration with renewable energy systems. Equipped with advanced PLC-based controls, the LVR supports a wide range of power outputs. Its compact footprint simplifies installation while helping reduce operating expenses, making it a cost-effective and flexible solution for modern heating applications.

• In September 2024, Babcock Wanson introduced the LV chemical industrial electric boiler, delivering high steam output with operating pressure up to industrial standards. The boiler achieves over 99% efficiency with zero CO₂ and NOx emissions, converting electrical energy directly into heat. Its all-electric design eliminates the need for fuel systems, emission monitoring, or chimneys, allowing for simplified installation and faster deployment in chemical facilities.

Report Metric Details

Market size available for the years 2021-2034

Base year considered 2024

Forecast Period 2025-2034

Segments Covered By Voltage Rating, By Capacity, By Product, By Sales Channel

Regions Covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered ALFA LAVAL, Babcock Wanson, Bosch Industriekessel, Cleaver-Brooks, Chromalox, Danstoker A/S, FERROLI, PARAT Halvorsen AS, Precision Boilers, Thermodyne Boilers, Thermon, and Vapor Power.

• Global Chemical Industrial Electric Boiler Market Size (FY’2021-FY’2034)

• Overview of Global Chemical Industrial Electric Boiler Market

• Segmentation of Global Chemical Industrial Electric Boiler Market By Voltage Rating (Low voltage, Medium voltage)

• Segmentation of Global Chemical Industrial Electric Boiler Market By Capacity (10 MMBTU/hr, 10 - 50 MMBTU/hr, 50 - 100 MMBTU/hr, 100 - 250 MMBTU/hr, > 250 MMBTU/hr)

• Segmentation of Global Chemical Industrial Electric Boiler Market By Product (Hot water, Steam)

• Segmentation of Global Chemical Industrial Electric Boiler Market By Sales Channel (Online, Dealer, Retail)

• Statistical Snap of Global Chemical Industrial Electric Boiler Market

• Expansion Analysis of Global Chemical Industrial Electric Boiler Market

• Problems and Obstacles in Global Chemical Industrial Electric Boiler Market

• Competitive Landscape in the Global Chemical Industrial Electric Boiler Market

• Details on Current Investment in Global Chemical Industrial Electric Boiler Market

• Competitive Analysis of Global Chemical Industrial Electric Boiler Market

• Prominent Players in the Global Chemical Industrial Electric Boiler Market

• SWOT Analysis of Global Chemical Industrial Electric Boiler Market

• Global Chemical Industrial Electric Boiler Market Future Outlook and Projections (FY’2025-FY’2034)

• Recommendations from Analyst