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Global Residential Boiler Market Research Report:
The latest report by IMARC, titled “ ResidentialBoilerMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast202 2-2027
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” finds that the global residential boiler market size reached a value of US$ 7.73 Billion in 2021.
Residential boilers are hydronic heating systems that convert chemical energy into thermal energy for heating purposes. They heat the water inside a tank and supply hot water or steam through pipelines and radiators to keep the residential area warm.
They also offer high reliability, longer shelf-life, less maintenance, optimal energy efficiency, and environmental-friendly properties. As a result, residential boilers are widely utilized across public buildings, holiday homes, farmhouses, and other residential places across the globe.
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