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Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil Engine, Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User, and Region - Global Forecast to 2023

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Date: 02-May-2018
No. of pages: 153
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“The waste heat boiler market is projected to grow at a CAGR of 6.72% from 2018 to 2023.”

The waste heat boiler market is projected to grow from an estimated USD 5.80 billion in 2018 to USD 8.04 billionby 2023, at a CAGR of 6.72% from 2018 to 2023. Increasing investments in the construction sector, infrastructure development, and power generation in emerging economies and the growth of industries, such as utilities and manufacturing, are driving the market for waste heat boiler across the world. Space availability constraint and temperature and pressure constraints regarding material strength in the boiler would be the restraints for this market.

“The industries segment is expected to hold the largest share of the waste heat boiler market, by end-user, during the forecast period.”

The industries segment of the global waste heat boiler market is expected to hold the largest share of the waste heat boiler market during the forecast period. This can be attributed to the increasing investments in oil & gas industry in the developing countries of Asia Pacific and Middle East & Africa. The use of waste heat boiler in industries sectors, such as Oil & Gas, Chemical, Primary Metal and Non-metallic minerals, is increasing as the energy prices are increasing globally.

“Asia Pacific: Key market for waste heat boiler.”

Asia Pacific is the largest market for waste heat boiler, followed by North America and Europe. Increasing investment in power sector, aging infrastructure, and increasing efforts to reduce global GHG emissions would boost the demand for waste heat boiler. Furthermore, rising energy &electricity prices in emerging economies is driving the waste heat boiler market in Asia Pacific.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, industry consultants, and other experts to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 38%, Tier 2- 48%, Tier 3- 14

  • By Designation: C-Level- 20%, D-Level- 35%, Others- 45%

  • By Region: North America- 30%, Europe- 24%, Asia Pacific- 25%, South America- 8%, Middle East & Africa- 13%.


Note: The tier of the companies has been defined based on their total revenue as of 2016: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = < USD 1 billion
The leading players in the waste heat boiler market are General Electric (US), Siemens (Germany), Thermax (India), CMI Group (Belgium), Amec Foster Wheeler (UK), and Nooter/Eriksen (US).

Research Coverage:

The report provides a picture of the waste heat boiler market across the boiler industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, stage, end-user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of temperature, waste heat source, orientation, end-user, and region, with a focus on industry analysis (industry trends), market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the waste heat boiler market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:


  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the waste heat boiler market

  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for waste heat boiler across regions

  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global waste heat boiler market


Why Buy this Report?


  • The report identifies and addresses key markets for the implementation of waste heat boiler products in various industries, which would help manufacturers review the growth in demand.

  • The report would help solutions providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.

  • The report would help key players understand the strategies of their competitors better and will help in making strategic decisions.

Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil Engine, Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User, and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Limitations
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Waste Heat Boiler Market
4.2 Waste Heat Boiler Market, By End-User
4.3 Waste Heat Boiler Market, By Waste Heat Source
4.4 Asia Pacific Waste Heat Boiler Market, By End-User & Country
4.5 Waste Heat Boiler Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Enhancing Energy Efficiency in Industrial Processes
5.2.1.2 Increasing Energy Prices
5.2.1.3 Increasing Efforts to Reduce Global Ghg Emission
5.2.2 Restraints
5.2.2.1 Space Availability Constraint
5.2.2.2 Temperature and Pressure Constraints Regarding Material Strength in Boiler
5.2.3 Opportunities
5.2.3.1 Investment in Combined Cycle Power Plants and Combined Heat and Power Technologies in Emerging Economies
5.2.4 Challenges
5.2.4.1 Regulatory Barriers
5.2.4.2 Focus on Renewable Energy Sources for Power Generation

6 Waste Heat Boiler Market, By Waste Heat Source
6.1 Introduction
6.2 Oil Engine Exhaust
6.3 Gas Engine Exhaust
6.4 Gas Turbine Exhaust
6.5 Incinerator Exit Gases
6.6 Kiln and Furnace Gases
6.7 Others

7 Waste Heat Boiler Market, By Waste Heat Temperature
7.1 Introduction
7.2 Medium Temperature
7.3 High Temperature
7.4 Ultra-High Temperature

10 Waste Heat Boiler Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 By Waste Heat Temperature
10.2.2 By Waste Heat Source
10.2.3 By Orientation
10.2.4 By End-User
10.2.5 By Country
10.2.5.1 China
10.2.5.2 India
10.2.5.3 Japan
10.2.5.4 Australia
10.2.5.5 South Korea
10.2.5.6 Indonesia
10.2.5.7 Malaysia
10.2.5.8 Vietnam
10.2.5.9 Rest of Asia Pacific
10.3 North America
10.3.1 By Waste Heat Temperature
10.3.2 By Waste Heat Source
10.3.3 By Orientation
10.3.4 By End-User
10.3.5 By Country
10.3.5.1 US
10.3.5.2 Canada
10.3.5.3 Mexico
10.4 Middle East & Africa
10.4.1 By Waste Heat Temperature
10.4.2 By Waste Heat Source
10.4.3 By Orientation
10.4.4 By End-User
10.4.5 By Country
10.4.5.1 Saudi Arabia
10.4.5.2 UAE
10.4.5.3 South Africa
10.4.5.4 Rest of Middle East & Africa
10.5 South America
10.5.1 By Waste Heat Temperature
10.5.2 By Waste Heat Source
10.5.3 By Orientation
10.5.4 By End-User
10.5.5 By Country
10.5.5.1 Brazil
10.5.5.2 Argentina
10.5.5.3 Rest of South America
10.6 Europe
10.6.1 By Waste Heat Temperature
10.6.2 By Waste Heat Source
10.6.3 By Orientation
10.6.4 By End-User
10.6.5 By Country
10.6.5.1 UK
10.6.5.2 Germany
10.6.5.3 France
10.6.5.4 Italy
10.6.5.5 CIS
10.6.5.6 Rest of Europe

11 Competitive Landscape
11.1 Introduction
11.2 Ranking of Players & Industry Concentration, 2016
11.3 Competitive Scenario
11.3.1 Contracts & Agreements
11.3.2 Mergers & Acquisitions
11.3.3 Others (Partnerships/Collaborations/Joint Ventures/Awards & Recognitions)

12 Company Profiles
12.1 Benchmarking
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.2 Siemens
12.3 GE
12.4 Thermax
12.5 Nooter/Eriksen
12.6 Alfa Laval
12.7 Forbes Marshall
12.8 CMI
12.9 AMEC Foster Wheeler
12.10 Viessmann
12.11 Zhengzhou Boiler
12.12 Bosch
12.13 Thyssenkrupp

*Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Waste Heat Boiler Market Snapshot
Table 2 World Industrial Sector Delivered Energy Consumption, By Region and Energy Source, 2012–2040 (Quadrillion Btu)
Table 3 Co2 Emissions in Major Countries From Fossil Fuel Use and Industrial Production, 2012–2015
Table 4 Analysis of Waste Gases From Process Plants, % of Volume
Table 5 Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Billion)
Table 6 Oil Engine Exhaust: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 7 Gas Engine Exhaust: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 8 Gas Turbine Exhaust: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 9 Incinerator Exit Gases: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 10 Kiln and Furnace Gases: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 11 Others: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 12 Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Billion)
Table 13 Medium Temperature: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 14 High Temperature: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 15 Ultra-High Temperature: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 16 Waste Heat Boiler Market Size, Orientation, 2016–2023 (USD Billion)
Table 17 Vertical Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 18 Horizontal Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 19 Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Billion)
Table 20 Waste Heat Boiler Market Size, By Industries, 2016–2023 (USD Billion)
Table 21 Power Generation: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 22 Oil & Gas: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 23 Chemical: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 24 Primary Metals: Waste Heat Boiler Market Size, By Region, 2016-2023 (USD Million)
Table 25 Non-Metallic Minerals: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 26 Others: Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Million)
Table 27 Waste Heat Boiler Market Size, By Region, 2016–2023 (USD Billion)
Table 28 Asia Pacific: Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Million)
Table 29 Asia Pacific: Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Million)
Table 30 Asia Pacific: Waste Heat Boiler Market Size, By Orientation, 2016–2023 (USD Million)
Table 31 Asia Pacific: Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Million)
Table 32 Asia Pacific: Waste Heat Boiler Market Size, By Country, 2016–2023 (USD Million)
Table 33 China: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 34 India: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 35 Japan: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 36 Australia: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 37 South Korea: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 38 Indonesia: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 39 Malaysia: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 40 Vietnam: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 41 Table 15 Rest of Asia Pacific: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 42 North America: Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Million)
Table 43 North America: Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Million)
Table 44 North America: Waste Heat Boiler Market Size, By Orientation, 2016–2023 (USD Million)
Table 45 North America: Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Million)
Table 46 North America: Waste Heat Boiler Market Size, By Country, 2016–2023 (USD Million)
Table 47 US: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 48 Canada: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 49 Mexico: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 50 Middle East & Africa: Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Million)
Table 51 Middle East & Africa: Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Million)
Table 52 Middle East & Africa: Waste Heat Boiler Market Size, By Orientation, 2016–2023 (USD Million)
Table 53 Middle East & Africa: Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Million)
Table 54 Middle East & Africa: Waste Heat Boiler Market Size, By Country, 2016–2023 (USD Million)
Table 55 Saudi Arabia: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 56 UAE: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 57 South Africa: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 58 Rest of Middle East & Africa: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 59 South America: Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Million)
Table 60 South America: Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Million)
Table 61 South America: Waste Heat Boiler Market Size, By Orientation, 2016–2023 (USD Million)
Table 62 South America: Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Million)
Table 63 South America: Waste Heat Boiler Market Size, By Country, 2016–2023 (USD Million)
Table 64 Brazil: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 65 Argentina: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 66 Rest of South America: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 67 Europe: Waste Heat Boiler Market Size, By Waste Heat Temperature, 2016–2023 (USD Million)
Table 68 Europe: Waste Heat Boiler Market Size, By Waste Heat Source, 2016–2023 (USD Million)
Table 69 Europe: Waste Heat Boiler Market Size, By Orientation, 2016–2023 (USD Million)
Table 70 Europe: Waste Heat Boiler Market Size, By End-User, 2016–2023 (USD Million)
Table 71 Europe: Waste Heat Boiler Market Size, By Country, 2016–2023 (USD Million)
Table 72 UK: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 73 Germany: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 74 France: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 75 Italy: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 76 CIS: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)
Table 77 Rest of Europe: Waste Heat Boiler Market, By End-User, 2016–2023 (USD Million)

List of Figures

Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Waste Heat Boiler Market, By Region (Value), 2018
Figure 5 Waste Heat Boiler Market, By Waste Heat Temperature, 2018–2023 (USD Billion)
Figure 6 Waste Heat Boiler Market, By Waste Heat Source, 2018–2023 (USD Billion)
Figure 7 Need for Enhancing Energy Efficiency in Industrial Processes to Drive the Waste Heat Boiler Market During the Forecast Period
Figure 8 The Industries Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Kiln and Furnace Gases Segment is Expected to Dominate the Waste Heat Boiler Market, 2023
Figure 10 The Primary Metals & China Markets Held the Largest Shares of Asia Pacific Waste Heat Boiler Market in 2017
Figure 11 China & India are Expected to Be the Fastest Growing Waste Heat Boiler Markets During the Forecast Period
Figure 12 Kiln and Furnace Gas Segment is Expected to Hold the Largest Market Share in 2023
Figure 13 High Temperature Segment is Expected to Hold the Largest Market Share in 2023
Figure 14 Primary Metals Industry is Expected to Hold the Largest Market Share in 2023
Figure 15 The Market in Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Waste Heat Boiler Market Share (Value), By Region, 2017
Figure 17 Asia Pacific: Waste Heat Boiler Market Snapshot
Figure 18 Middle East & Africa: Waste Heat Boiler Market Snapshot
Figure 19 Key Developments in the Waste Heat Boiler Market, 2014–2017
Figure 20 General Electric Led the Waste Heat Boiler Market in 2017
Figure 21 Siemens: Company Snapshot
Figure 22 GE: Company Snapshot
Figure 23 Thermax: Company Snapshot
Figure 24 Alfa Laval: Company Snapshot
Figure 25 CMI: Company Snapshot
Figure 26 AMEC Foster Wheeler: Company Snapshot
Figure 27 Bosch: Company Snapshot
Figure 28 Thyssenkrupp: Company Snapshot

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