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Boiler Steel Market, Global Outlook and Forecast 2023-2030

Writer's picture: krish mundekrish munde

The global Boiler Steel market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Mainly refers to the materials used to make the superheater, the main steam pipe and the heating surface of the boiler fire chamber. The performance requirements for boiler steel are mainly good welding performance, certain high temperature strength, alkali corrosion resistance, oxidation resistance and the like. Commonly used boiler steels are low-carbon killed steel or electric furnace smelted low carbon steel smelted in open hearth furnace, and the carbon content Wc is in the range of 0.16%-0.26%. Pearlitic heat-resistant steel or austenitic heat-resistant steel is used in the manufacture of high-pressure boilers. In recent years, ordinary low-alloy steels have also been used to construct boilers, such as 12 manganese, 15 manganese vanadium, and 18 manganese molybdenum rhenium.


This report aims to provide a comprehensive presentation of the global market for Boiler Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boiler Steel.

This report contains market size and forecasts of Boiler Steel in global, including the following market information:


  • Global Boiler Steel Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Boiler Steel Market Sales, 2018-2023, 2024-2030, (K MT)

  • Global top five Boiler Steel companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Special Carbon Steel Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Boiler Steel include Arcelor Mittal, China Baowu Steel Group, Nippon Steel, Masteel Group, Mooma Group, Wugang Xintao Steel, Shanghai Hongzhu Industrial, Swastik Iron & Steel and Brown McFarlane, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Boiler Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Boiler Steel Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Boiler Steel Market Segment Percentages, by Type, 2022 (%)


  • Special Carbon Steel

  • Low Alloy Heat Resistant Steel

  • Other


Global Boiler Steel Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Boiler Steel Market Segment Percentages, by Application, 2022 (%)


  • Boiler Manufacture

  • Power Station Construction

  • Other


Global Boiler Steel Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Boiler Steel Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Boiler Steel revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Boiler Steel revenues share in global market, 2022 (%)

  • Key companies Boiler Steel sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Boiler Steel sales share in global market, 2022 (%)

key players include:


  • Arcelor Mittal

  • China Baowu Steel Group

  • Nippon Steel

  • Masteel Group

  • Mooma Group

  • Wugang Xintao Steel

  • Shanghai Hongzhu Industrial

  • Swastik Iron & Steel

  • Brown McFarlane

  • Metinvest

  • Hallmark Metallica


Outline of Major Chapters:

Chapter 1: Introduces the definition of Boiler Steel, market overview.

Chapter 2: Global Boiler Steel market size in revenue and volume.

Chapter 3: Detailed analysis of Boiler Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Boiler Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Boiler Steel capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports1.1 Boiler Steel Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Boiler Steel Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Boiler Steel Overall Market Size2.1 Global Boiler Steel Market Size: 2022 VS 20302.2 Global Boiler Steel Revenue, Prospects & Forecasts: 2018-20302.3 Global Boiler Steel Sales: 2018-20303 Company Landscape3.1 Top Boiler Steel Players in Global Market3.2 Top Global Boiler Steel Companies Ranked by Revenue3.3 Global Boiler Steel Revenue by Companies3.4 Global Boiler Steel Sales by Companies3.5 Global Boiler Steel Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Boiler Steel Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Boiler Steel Product Type3.8 Tier 1, Tier 2 and Tier 3 Boiler Steel Players in Global Market3.8.1 List of Global Tier 1 Boiler Steel Companies3.8.2 List of Global Tier 2 and Tier 3 Boiler Steel Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Boiler Steel Market Size Markets, 2022 & 20304.1.2 Special Carbon Steel4.1.3 Low Alloy Heat Resistant Ste

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