Market Forecast By Temperature (Medium, High, Ultra High), By Waste Heat Source (Oil Engine Exhaust, Gas Engine Exhaust, Gas Turbine Exhaust, Incinerator Exit Gases, Cement Plant Kiln Gases, Steel Plant Furnaces, Hot Gases from Process, Glass Furnace Gases), By Orientation (Horizontal, Vertical), By End-User (Power Generation Utilities, Oil & Gas, Chemical, Primary Metals, Non-Metallic Minerals) And Competitive Landscape
Product Code: ETC4531956 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Waste Heat Boiler Market |
Forecast period | 2025-2031 |
CAGR | 5.61% |
Growing Sector | Power Generation Utilities |
The Australia Waste Heat Boiler Market report thoroughly covers the market by temperature, by waste heat source, by orientation and by end-user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Waste Heat Boiler Market is forecast to attain more growth in the coming years attributed to strict environmental regulations and an increasing focus on supportable energy solutions. Waste heat boilers, which capture and utilize the excess heat from industrial processes, are becoming an essential component in reducing energy consumption and lowering greenhouse gas emissions across many sectors. Also, the growing public and corporate consciousness regarding the environmental impact of industrial activities is promoting a culture of sustainability.
According to 6Wresearch, the Australia Waste Heat Boiler Market size is expected to grow at a significant CAGR of 5.61% during the forecast period 2025-2031. The market is driven by the increasing need for energy efficiency and sustainable energy creation methods. Industrial sectors such as mining, manufacturing, and chemical processing produce a significant amount of waste heat, which presents an opportunity for recovery and conversion into usable energy. Government incentives and regulations aimed at reducing carbon emissions and increasing renewable energy uptake are also significant drivers for the adoption of waste heat boilers. The growing awareness among industries regarding the potential cost savings and environmental benefits of utilizing waste heat effectively further propels Australia Waste Heat Boiler Market growth. The market is witnessing an increasing trend towards the development and implementation of advanced heat recovery technologies, aimed at maximizing energy efficiency and reducing operational costs. Innovations in materials and design are improving the performance and lifespan of waste heat boilers, making them more appealing to a wider range of industrial applications. Additionally, the integration of digital technologies and IoT for real-time monitoring and control is becoming more common, leading to optimized performance and reduced maintenance requirements.
Although there are several market players available in the Australia Waste Heat Boiler Market, however few of them are having the most of market share. The key players are Thermax Global, Bosch Industriekessel GmbH, Alfa Laval, General Electric, Siemens AG, Forbes Marshall, Mitsubishi Heavy Industries, etc. These companies are driving the growth through technology enhancement and innovation within the Waste Heat Boiler Market.
The Australia Waste Heat Boiler Market is growing swiftly and government’s regulation and policies are helping in the extension of the market. The Australian Renewable Energy Agency (ARENA) actively supports research and development efforts in the waste-to-energy sector. ARENA's funding and guidance have been crucial in overcoming technical and economic barriers to implementing waste heat recovery solutions. In addition to this, Clean Energy Finance Corporation (CEFC), which provides financial support to projects focused on clean energy innovation. The CEFC has been instrumental in funding projects that utilize waste heat for energy, thereby demonstrating the government's commitment to fostering sustainable industrial practices.
The Australia Waste Heat Boiler industry will get bigger in future quickly attributed to increasing industrial perception, technological innovations, and supportive government policies. With a rising focus on supportability and energy efficiency, industries across Australia are likely to invest more aggressively in waste heat recovery systems. In addition to this, technological advancements will play a key role, with improvements in efficiency, durability, and integration capabilities making these systems more attractive and accessible to a broader range of industries.
According to Nitesh, Research Manager, 6Wresearch, the Ultra High Temperature Range segment of the Australia waste heat boiler market is expected for the most notable growth due to Increased Efficiency, Technological Innovation, Environmental Regulations and Carbon Reduction.
The Vertical Waste Heat Boiler segment will experience more significant expansion due to Increasing Space Constraints, High-Pressure and High-Temperature Applications, Technological Advancements, Environmental and Energy Efficiency Regulations, Adaptability to Future Energy Sources.
The Power Generation Utilities sector is expected to see the most notable growth in the application of waste heat boiler technologies due to more sustainable and efficient power generation methods amidst rising environmental concerns and stricter emissions regulations.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Waste Heat Boiler Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Waste Heat Boiler Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Waste Heat Boiler Market - Industry Life Cycle |
3.4 Australia Waste Heat Boiler Market - Porter's Five Forces |
3.5 Australia Waste Heat Boiler Market Revenues & Volume Share, By Temperature, 2021 & 2031F |
3.6 Australia Waste Heat Boiler Market Revenues & Volume Share, By Waste Heat Source, 2021 & 2031F |
3.7 Australia Waste Heat Boiler Market Revenues & Volume Share, By Orientation, 2021 & 2031F |
3.8 Australia Waste Heat Boiler Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Australia Waste Heat Boiler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in industries, leading to the adoption of waste heat boilers. |
4.2.2 Rising industrialization and the expansion of sectors such as manufacturing, chemicals, and refining that generate significant waste heat. |
4.2.3 Government initiatives and regulations promoting the use of waste heat recovery technologies. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the installation and maintenance of waste heat boilers. |
4.3.2 Technical challenges in integrating waste heat boilers into existing industrial processes effectively. |
4.3.3 Limited awareness and understanding of the benefits of waste heat recovery technologies among industry players. |
5 Australia Waste Heat Boiler Market Trends |
6 Australia Waste Heat Boiler Market, By Types |
6.1 Australia Waste Heat Boiler Market, By Temperature |
6.1.1 Overview and Analysis |
6.1.2 Australia Waste Heat Boiler Market Revenues & Volume, By Temperature, 2021-2031F |
6.1.3 Australia Waste Heat Boiler Market Revenues & Volume, By Medium, 2021-2031F |
6.1.4 Australia Waste Heat Boiler Market Revenues & Volume, By High, 2021-2031F |
6.1.5 Australia Waste Heat Boiler Market Revenues & Volume, By Ultra High, 2021-2031F |
6.2 Australia Waste Heat Boiler Market, By Waste Heat Source |
6.2.1 Overview and Analysis |
6.2.2 Australia Waste Heat Boiler Market Revenues & Volume, By Oil Engine Exhaust, 2021-2031F |
6.2.3 Australia Waste Heat Boiler Market Revenues & Volume, By Gas Engine Exhaust, 2021-2031F |
6.2.4 Australia Waste Heat Boiler Market Revenues & Volume, By Gas Turbine Exhaust, 2021-2031F |
6.2.5 Australia Waste Heat Boiler Market Revenues & Volume, By Incinerator Exit Gases, 2021-2031F |
6.2.6 Australia Waste Heat Boiler Market Revenues & Volume, By Cement Plant Kiln Gases, 2021-2031F |
6.2.7 Australia Waste Heat Boiler Market Revenues & Volume, By Steel Plant Furnaces, 2021-2031F |
6.2.8 Australia Waste Heat Boiler Market Revenues & Volume, By Glass Furnace Gases, 2021-2031F |
6.2.9 Australia Waste Heat Boiler Market Revenues & Volume, By Glass Furnace Gases, 2021-2031F |
6.3 Australia Waste Heat Boiler Market, By Orientation |
6.3.1 Overview and Analysis |
6.3.2 Australia Waste Heat Boiler Market Revenues & Volume, By Horizontal, 2021-2031F |
6.3.3 Australia Waste Heat Boiler Market Revenues & Volume, By Vertical, 2021-2031F |
6.4 Australia Waste Heat Boiler Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Australia Waste Heat Boiler Market Revenues & Volume, By Power Generation Utilities, 2021-2031F |
6.4.3 Australia Waste Heat Boiler Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.4 Australia Waste Heat Boiler Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.5 Australia Waste Heat Boiler Market Revenues & Volume, By Primary Metals, 2021-2031F |
6.4.6 Australia Waste Heat Boiler Market Revenues & Volume, By Non-Metallic Minerals, 2021-2031F |
7 Australia Waste Heat Boiler Market Import-Export Trade Statistics |
7.1 Australia Waste Heat Boiler Market Export to Major Countries |
7.2 Australia Waste Heat Boiler Market Imports from Major Countries |
8 Australia Waste Heat Boiler Market Key Performance Indicators |
8.1 Energy savings achieved through waste heat recovery. |
8.2 Reduction in greenhouse gas emissions from industrial processes. |
8.3 Increase in the number of industries adopting waste heat boiler systems. |
8.4 Improvement in overall energy efficiency of industrial operations. |
8.5 Growth in demand for waste heat boiler maintenance and support services. |
9 Australia Waste Heat Boiler Market - Opportunity Assessment |
9.1 Australia Waste Heat Boiler Market Opportunity Assessment, By Temperature, 2021 & 2031F |
9.2 Australia Waste Heat Boiler Market Opportunity Assessment, By Waste Heat Source, 2021 & 2031F |
9.3 Australia Waste Heat Boiler Market Opportunity Assessment, By Orientation, 2021 & 2031F |
9.4 Australia Waste Heat Boiler Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Australia Waste Heat Boiler Market - Competitive Landscape |
10.1 Australia Waste Heat Boiler Market Revenue Share, By Companies, 2024 |
10.2 Australia Waste Heat Boiler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |