North America Waste Heat Boiler Market Trends and Analysis by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

North America Waste Heat Boiler Market to 2027 - Regional Analysis and Forecasts by Waste Heat Temperature (Medium Temperature, High Temperature, and Ultra-High Temperature); Waste Heat Source (Oil Engine Exhaust, Gas Engine Exhaust, Gas Turbine Exhaust, Incinerator Exit Gases, Kiln & Furnace Gases, and Others); Orientation (Horizontal and Vertical); End-user (Power Generation Utilities, Oil & Gas, Chemical, Primary Metals, Non-Metallic Minerals, and Others)

Report Date : Oct 2019
Report Code : TIPRE00007125

Category : Energy and Power
Status : Published

Available Report Formats :
No. of Pages : 165

Page Updated: Nov 2019

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The waste heat boiler market in North America is expected to grow from US$ 1.09 Bn in 2018 to US$ 1.68 Bn by the year 2027. This represents a CAGR of 5.0% from the year 2019 to 2027.

The performance of waste heater boilers is a key element in the efforts of commercial facilities to hold down utility costs. For maintenance and engineering procedures in various industries, businesses trying to provide efficient boiler performance, the efficiency of the boiler is decided by the proportion of heat output to the amount of fuel utilized. According to the U.S Department of energy, traditional heating systems generally run between 56% to 70% efficiency, which is a substantial loss in energy savings. However, modern boilers and water heaters run around 80% efficiency, which provides significant energy savings when used in a number of industries. Thus, developing technologies offer promise in recovering waste heat more efficiently rather than traditional.

Furthermore, owing to the large magnitude of steam boilers in various industries, incremental developments in boiler efficiency might continue to provide additional opportunities for energy efficiency. Hence, the growing demand for energy-efficient solutions is acting like a trend in the North America waste heat boilers market. These waste heat boilers lessen the issues related to energy and propose new energy-efficient solutions.

Efficient energy management can be achieved by adding new power transmission or generation capacity. Waste heat boilers are one of the signification examples of efficient energy management. With the growing trend of increasing energy prices and the increasing concern for global warming, industries are highly focused on improving the efficiency of the plants. In this scenario, the implementation of a waste heat boiler in the industrial process is witnessing high adoption. With the increasing energy prices and the increasing focus on efficient energy management, it is expected that the waste heat boiler market will witness high growth during the forecast period.

Canada Waste heat boiler market is expected to grow at a good CAGR in the forecast period. Canada is one of the major suppliers of the ores, semi-fabricated, as well as and fabricated mineral and metal products to over 100 countries globally. This process of fabrication of minerals in the factory generates huge waste, and these waste are used to used generate steam, which can be used for various other purposes through waste heat boilers. Hence, the requirement of a waste heat boiler to be installed in fabrication plants is high, which is fuelling the market. The figure given below highlights the revenue share of Mexico in the North America waste heat boiler market in the forecast period:

Mexico Waste Heat Boiler Market Revenue and Forecasts to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Waste Heat Boiler Market–Segmentation

North America Waste Heat Boiler Market By Waste Heat Temperature

Medium Temperature
High Temperature
Ultra-High Temperature

North America Waste Heat Boiler Market By Waste Heat Source

Oil Engine Exhaust
Gas Engine Exhaust
Gas Turbine Exhaust
Incinerator Exit Gases
Kiln & Furnace Gases
Others

North America Waste Heat Boiler Market By Orientation

Horizontal
Vertical

North America Waste Heat Boiler Market By End-User

Power Generation Utilities
Oil & Gas
Chemical
Primary Metals
Non-Metallic Minerals
Others

North America Waste Heat Boiler Market By Country

US
Canada
Mexico

North America Waste Heat Boiler Market-Companies Mentioned

Alfa Laval
Bosch Group
CiTECH Energy Recovery Solutions (UK) LTD
General Electric
Kawasaki Heavy Industries, Ltd
Nooter/Eriksen
Siemens AG
Thermax
Thyssenkrupp AG
Viessmann Group

North America Waste Heat Boiler Report Scope

Report Attribute	Details
Market size in 2018	US$ 1.09 Billion
Market Size by 2027	US$ 1.68 Billion
Global CAGR (2019 - 2027)	5.0%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Waste Heat Temperature Medium Temperature High Temperature Ultra-High Temperature By Waste Heat Source Oil Engine Exhaust Gas Engine Exhaust Gas Turbine Exhaust Incinerator Exit Gases Kiln & Furnace Gases By Orientation Horizontal and Vertical By End-user Power Generation Utilities Oil & Gas Chemical Primary Metals Non-Metallic Minerals
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Alfa Laval Bosch Group CiTECH Energy Recovery Solutions (UK) LTD General Electric Kawasaki Heavy Industries, Ltd Nooter/Eriksen Siemens AG Thermax Thyssenkrupp AG

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the North America Waste Heat Boiler Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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