Mexico Space Heating Boilers Market Size & Outlook

The space heating boilers market in Mexico is expected to reach a projected revenue of US$ 230.6 million by 2030. A compound annual growth rate of 2.5% is expected of Mexico space heating boilers market from 2023 to 2030.
Revenue, 2022 (US$M)
$189.0
Forecast, 2030 (US$M)
$230.6
CAGR, 2023 - 2030
2.5%
Report Coverage
Mexico

Mexico space heating boilers market highlights

  • The Mexico space heating boilers market generated a revenue of USD 189.0 million in 2022 and is expected to reach USD 230.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
  • In terms of segment, elemental sulfur was the largest revenue generating raw material in 2022.
  • Base Metal Smelters is the most lucrative raw material segment registering the fastest growth during the forecast period.

Space heating boilers market data book summary

Market revenue in 2022USD 189.0 million
Market revenue in 2030USD 230.6 million
Growth rate2.5% (CAGR from 2022 to 2030)
Largest segmentElemental sulfur
Fastest growing segmentBase Metal Smelters
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElemental Sulfur, Base Metal Smelters, Pyrite Ore, Other Raw Materials
Key market players worldwideIngersoll Rand Inc, Daikin Industries Ltd, Lennox International Inc, Viessmann, TerraVest Industries Inc, Mitsubishi Electric Corp, A.O. Smith Corp

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global space heating boilers market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. space heating boilers market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 990.1 million by 2030.

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Space Heating Boilers Market Scope

Space heating boilers market segmentation & scope
Countries
Italy
Sweden
Norway
Spain
Finland
Australia
South Korea
Argentina
Brazil
UAE

Space Heating Boilers Market Companies

Name Profile # Employees HQ Website

Mexico space heating boilers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to space heating boilers market will help companies and investors design strategic landscapes.


Elemental sulfur was the largest segment with a revenue share of 53.44% in 2022. Horizon Databook has segmented the Mexico space heating boilers market based on elemental sulfur, base metal smelters, pyrite ore, other raw materials covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico space heating boilers market , including forecasts for subscribers. This country databook contains high-level insights into Mexico space heating boilers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico space heating boilers market

Mexico Space Heating Boilers Market Outlook Share, 2022 & 2030 (US$M)

Mexico space heating boilers market

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