Global Space Heating Boilers Market Size & Outlook

The space heating boilers industry worldwide is expected to reach a projected revenue of US$ 17,935.2 million by 2030. A compound annual growth rate of 3.7% is expected of the worldwide space heating boilers industry from 2023 to 2030.
Revenue, 2022 (US$M)
$13,393.9
Forecast, 2030 (US$M)
$17,935.2
CAGR, 2023 - 2030
3.7%
Report Coverage
Worldwide

Global space heating boilers market highlights

  • The global space heating boilers market generated a revenue of USD 13,393.9 million in 2022 and is expected to reach USD 17,935.2 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 3.7% by 2030.
  • In terms of segment, elemental sulfur accounted for a revenue of USD 7,201.0 million in 2022.
  • Base Metal Smelters is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 13,393.9 million
Market revenue in 2030USD 17,935.2 million
Growth rate3.7% (CAGR from 2022 to 2030)
Largest segmentElemental sulfur
Fastest growing segmentBase Metal Smelters
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElemental Sulfur, Base Metal Smelters, Pyrite Ore, Other Raw Materials

Other key industry trends

  • In terms of revenue, the North America accounted for 13.7% of the global space heating boilers market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 230.6 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

Global 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 53.76% in 2022. Horizon Databook has segmented the Global 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 global-level data and insights on the Global space heating boilers market , including forecasts for subscribers. This global databook contains high-level insights into Global space heating boilers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

Space heating boilers market: Opportunity assessment by country

Global space heating boilers market, by region, 2022 (US$M)

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