The U.S. industrial boilers market size is anticipated to reach USD 1.54 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 2.8% from 2020 to 2027. Technological advancements and decreasing industrial boiler prices have led to increased adoption in the manufacturing sector driving demand.
The packaging segment is growing at a significant pace along with the market for pulp for hygiene products and tissues in the U.S. The demand for pulp in the textile industry is anticipated to register result in steady growth in the equipment used for the pulp and paper industry, driving the demand.
Steel has very high tensile strength along with the ability to withstand high temperatures and pressure, which makes it durable and long-lasting. Besides, maintaining and cleaning steel boilerplates is easier since they allow manufacturers to add an extra layer of protective coating, thereby increasing the durability of boilerplates.
Suppliers in the market are focusing on offering the right-quality industrial boilers and services at a suitable price with the required specifications as per the convenience of customers. Supplier selection is measured as a multiple criteria decision-making problem, which is affected by numerous conflicting factors such as quality, cost, and delivery.
Browse Full Report (Tables & Figures) @ https://www.grandviewresearch.com/industry-analysis/us-industrial-boiler-market
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