Global Industrial Process Heating Market to Hit USD 17.47 Billion by 2032

Industry
โดย ResearchAndMarkets.com·Read original
Summary · why it matters

The global industrial process heating market is projected to grow from USD 13.36 billion in 2026 to USD 17.47 billion by 2032, at a compound annual growth rate of 4.6 percent. Growth is driven by demand for energy-efficient, low-emission heating systems across metals, chemicals, oil and gas, and food and beverage industries. Within the gas-powered segment, burners are expected to grow at the highest rate, while the chemical industry is set to dominate that segment. Europe is poised to hold a significant share of the gas-powered process heating market, led by countries such as Germany and France. Key players include Honeywell, Siemens, and Emerson.

Impact on stocks 4

Robotics & Physical AI · 2 stocks
Emerson Electric Company
EMR
▲ PositiveDemandrelevance

Emerson is a key player in the growing industrial process heating market, benefiting from demand for energy-efficient systems.

Siemens Aktiengesellschaft
SIE
▲ PositiveDemandrelevance

Siemens is a key player in the growing industrial process heating market, benefiting from demand for energy-efficient systems.

Smart City / Autonomous Infrastructure · 1 stocks
Honeywell International Inc
HON
▲ PositiveDemandrelevance

Honeywell is a key player in the growing industrial process heating market, benefiting from demand for energy-efficient systems.

Health Care · 1 stocks