Philippines Boilers Market (2025-2031) | Industry, Companies, Forecast, Share, Growth, Revenue, Value, Trends, Size, Analysis & Outlook

Market Forecast By Capacity (<10 MMBtu/hr, 10-50 MMBtu/hr, 50-100 MMBtu/hr, 100-250 MMBtu/hr, >250 MMBtu/hr), By Product (Fire-tube, Water-tube), By Fuel (Natural Gas , Oil, Coal), By Application (Residential, Commercial, Industrial, Utility) And Competitive Landscape
Product Code: ETC024169 Publication Date: Jul 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Philippines Boilers Market Size Growth Rate


The Philippines Boilers Market could see a tapering of growth rates over 2025 to 2029. Starting high at -1.43% in 2025, the market steadily declines to -2.76% by 2029.

Philippines Boilers Market Growth Rate

Boilers Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


The Boilers market in Philippines is projected to grow at a negative growth rate of -2.12% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Boilers Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

Philippines Boilers Market Synopsis

The Philippines boilers market is expected to register a CAGR of over 5.1% during the forecast period (2025-2031). The growing demand for energy efficient and cost effective solutions from various industries such as food & beverage, hospitality, chemicals and pharmaceuticals are driving the growth of the Philippine boiler market. Additionally, increasing investments in renewable power sources such as solar energy further provides an impetus for the growth of this industry

Key Growth Drivers of the Market

Rapid urbanization leading to an increase in residential construction activities across major cities necessitating the need for modern heating technologies. Additionally, rising investments in infrastructure development projects across various industries resulting in increased demand for efficient heating systems.

Key Players of The Market

Major players operating in Philippines Boilers Market include AERCO International Inc., Babcock & Wilcox Enterprises Inc., Clayton Industries LLC, Hurst Boiler & Welding Company Inc., Miura Co Ltd., Parker Boiler Co., Superior Boiler Works Inc., Viessmann Group etc

Key Highlights of the Report:

  • Philippines Boilers Market Outlook
  • Market Size of Philippines Boilers Market, 2024
  • Forecast of Philippines Boilers Market, 2031
  • Historical Data and Forecast of Philippines Boilers Revenues & Volume for the Period 2021-2031
  • Philippines Boilers Market Trend Evolution
  • Philippines Boilers Market Drivers and Challenges
  • Philippines Boilers Price Trends
  • Philippines Boilers Porter's Five Forces
  • Philippines Boilers Industry Life Cycle
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Capacity for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By <10 MMBtu/hr for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By 10-50 MMBtu/hr for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By 50-100 MMBtu/hr for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By 100-250 MMBtu/hr for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By >250 MMBtu/hr for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Fire-tube for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Water-tube for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Fuel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Natural Gas for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Oil for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Coal for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Philippines Boilers Market Revenues & Volume By Utility for the Period 2021-2031
  • Philippines Boilers Import Export Trade Statistics
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Fuel
  • Market Opportunity Assessment By Application
  • Philippines Boilers Top Companies Market Share
  • Philippines Boilers Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Boilers Company Profiles
  • Philippines Boilers Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Boilers Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Boilers Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Philippines Boilers Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Boilers Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Boilers Market - Industry Life Cycle

3.4 Philippines Boilers Market - Porter's Five Forces

3.5 Philippines Boilers Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.6 Philippines Boilers Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Philippines Boilers Market Revenues & Volume Share, By Fuel, 2021 & 2031F

3.8 Philippines Boilers Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Boilers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Boilers Market Trends

6 Philippines Boilers Market, By Types

6.1 Philippines Boilers Market, By Capacity

6.1.1 Overview and Analysis

6.1.2 Philippines Boilers Market Revenues & Volume, By Capacity, 2021-2031F

6.1.3 Philippines Boilers Market Revenues & Volume, By <10 MMBtu/hr, 2021-2031F

6.1.4 Philippines Boilers Market Revenues & Volume, By 10-50 MMBtu/hr, 2021-2031F

6.1.5 Philippines Boilers Market Revenues & Volume, By 50-100 MMBtu/hr, 2021-2031F

6.1.6 Philippines Boilers Market Revenues & Volume, By 100-250 MMBtu/hr, 2021-2031F

6.1.7 Philippines Boilers Market Revenues & Volume, By >250 MMBtu/hr, 2021-2031F

6.2 Philippines Boilers Market, By Product

6.2.1 Overview and Analysis

6.2.2 Philippines Boilers Market Revenues & Volume, By Fire-tube, 2021-2031F

6.2.3 Philippines Boilers Market Revenues & Volume, By Water-tube, 2021-2031F

6.3 Philippines Boilers Market, By Fuel

6.3.1 Overview and Analysis

6.3.2 Philippines Boilers Market Revenues & Volume, By Natural Gas , 2021-2031F

6.3.3 Philippines Boilers Market Revenues & Volume, By Oil, 2021-2031F

6.3.4 Philippines Boilers Market Revenues & Volume, By Coal, 2021-2031F

6.4 Philippines Boilers Market, By Application

6.4.1 Overview and Analysis

6.4.2 Philippines Boilers Market Revenues & Volume, By Residential, 2021-2031F

6.4.3 Philippines Boilers Market Revenues & Volume, By Commercial, 2021-2031F

6.4.4 Philippines Boilers Market Revenues & Volume, By Industrial, 2021-2031F

6.4.5 Philippines Boilers Market Revenues & Volume, By Utility, 2021-2031F

7 Philippines Boilers Market Import-Export Trade Statistics

7.1 Philippines Boilers Market Export to Major Countries

7.2 Philippines Boilers Market Imports from Major Countries

8 Philippines Boilers Market Key Performance Indicators

9 Philippines Boilers Market - Opportunity Assessment

9.1 Philippines Boilers Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.2 Philippines Boilers Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Philippines Boilers Market Opportunity Assessment, By Fuel, 2021 & 2031F

9.4 Philippines Boilers Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Boilers Market - Competitive Landscape

10.1 Philippines Boilers Market Revenue Share, By Companies, 2024

10.2 Philippines Boilers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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