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 | |
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.
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.
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
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.
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
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 |