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The global Waste Heat Recovery market size is expected to reach $ 898.1 million by 2029, rising at a market growth of 2.0% CAGR during the forecast period (2023-2029).
Global waste heat recovery key players include Kawasaki, Sinoma Energy Conservation, CITIC Heavy Industries and Thermax. Global top four manufacturers hold a share about 46%. In terms of product, steam rankine cycle is the largest segment, with a share about 80%. And in terms of application, the largest application is cement, with a share about 33%.
Waste Heat Recovery System is an economic method to increase the overall efficiency of the plant and, thus, to lower fuel demand. The largest sources of waste heat for most industries are exhaust and flue gases and heated air from heating systems such as high-temperature gases from burners in process heating; lower temperature gases from heat treating furnaces, dryers, and heaters; and heat from heat exchangers, cooling liquids, and gases.
This report studies the global Waste Heat Recovery production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Waste Heat Recovery, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Waste Heat Recovery that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Waste Heat Recovery total production and demand, 2018-2029, (MW)
Global Waste Heat Recovery total production value, 2018-2029, (USD Million)
Global Waste Heat Recovery production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (MW)
Global Waste Heat Recovery consumption by region & country, CAGR, 2018-2029 & (MW)
U.S. VS China: Waste Heat Recovery domestic production, consumption, key domestic manufacturers and share
Global Waste Heat Recovery production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (MW)
Global Waste Heat Recovery production by Type, production, value, CAGR, 2018-2029, (USD Million) & (MW)
Global Waste Heat Recovery production by Application production, value, CAGR, 2018-2029, (USD Million) & (MW)
This reports profiles key players in the global Waste Heat Recovery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sinoma Energy Conservation, Kawasaki, CITIC Heavy Industries, Thermax, Turboden, Kesen Kenen, Boustead International Heaters, Exergy International and Orcan, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Waste Heat Recovery market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (US$/KW) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Waste Heat Recovery Market, By Region:
- United States
- China
- Europe
- Japan
- South Korea
- ASEAN
- India
- Rest of World
Global Waste Heat Recovery Market, Segmentation by Type
- Steam Rankine Cycle
- Organic Rankine Cycle
Global Waste Heat Recovery Market, Segmentation by Application
- Cement
- Steel
- Petroleum Refining
- Chemical
- Others
Companies Profiled:
- Sinoma Energy Conservation
- Kawasaki
- CITIC Heavy Industries
- Thermax
- Turboden
- Kesen Kenen
- Boustead International Heaters
- Exergy International
- Orcan
- Enertime
- ElectraTherm
- Climeon
Key Questions Answered
1. How big is the global Waste Heat Recovery market?
2. What is the demand of the global Waste Heat Recovery market?
3. What is the year over year growth of the global Waste Heat Recovery market?
4. What is the production and production value of the global Waste Heat Recovery market?
5. Who are the key producers in the global Waste Heat Recovery market?
6. What are the growth factors driving the market demand?