Power plant boiler market poised for expansion through 2031: Study

A report published by Allied Market Research has noted that the global power plant boiler market valued at $19.0 billion in 2021, is expected to reach $31.1 billion by 2031. 

The report notes that the market will be driven by the increasing energy demand worldwide, the increased focus on reducing greenhouse gas emissions, and several government initiatives promoting renewable energy sources. Technological advancements in power plant boiler designs and materials will also contribute to market growth.