Pre-order Enquiry
Download Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
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.
The Waste Heat Recovery System industry can be broken down into several segments, Steam Rankine Cycle, Organic Rankine Cycle Systems, etc.
Across the world, the major players cover Kawasaki, Sinoma Energy Conservation, CITIC Heavy Industries, Boustead International Heaters, Turboden, Thermax, Kesen Kenen, Exergy International, CTP Team, Climeon, etc.
Market Analysis and Insights: Global Waste Heat Recovery System Market
Due to the COVID-19 pandemic, the global Waste Heat Recovery System market size is estimated to be worth US$ 719.6 million in 2022 and is forecast to a readjusted size of US$ 848.2 million by 2029 with a CAGR of 2.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Steam Rankine Cycle accounting for % of the Waste Heat Recovery System global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Cement segment is altered to an % CAGR throughout this forecast period.
Global waste heat recovery key players include Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, etc. Global top 6 manufacturers hold a share about 50%.
Asia-Pacific is the largest market, with a share about 70%, followed by Europe and North America, both have a share over 20 percent.
In terms of product, steam rankine cycle is the largest segment, with a share over 80%. And in terms of application, the largest application is cement, followed by steel, chemical, petroleum refining, etc.
Global Waste Heat Recovery System Scope and Market Size
The global Waste Heat Recovery System market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Waste Heat Recovery System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Steam Rankine Cycle
Organic Rankine Cycle
Segment by Application
Cement
Steel
Petroleum Refining
Chemical
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Kawasaki
Sinoma Energy Conservation
Kesen Kenen
Boustead International Heaters
CITIC Heavy Industries
Thermax
Lingda Group
Ormat
Turboden
Exergy International
Enertime
ElectraTherm
E-Rational
The Waste Heat Recovery System industry can be broken down into several segments, Steam Rankine Cycle, Organic Rankine Cycle Systems, etc.
Across the world, the major players cover Kawasaki, Sinoma Energy Conservation, CITIC Heavy Industries, Boustead International Heaters, Turboden, Thermax, Kesen Kenen, Exergy International, CTP Team, Climeon, etc.
Market Analysis and Insights: Global Waste Heat Recovery System Market
Due to the COVID-19 pandemic, the global Waste Heat Recovery System market size is estimated to be worth US$ 719.6 million in 2022 and is forecast to a readjusted size of US$ 848.2 million by 2029 with a CAGR of 2.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Steam Rankine Cycle accounting for % of the Waste Heat Recovery System global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Cement segment is altered to an % CAGR throughout this forecast period.
Global waste heat recovery key players include Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, etc. Global top 6 manufacturers hold a share about 50%.
Asia-Pacific is the largest market, with a share about 70%, followed by Europe and North America, both have a share over 20 percent.
In terms of product, steam rankine cycle is the largest segment, with a share over 80%. And in terms of application, the largest application is cement, followed by steel, chemical, petroleum refining, etc.
Global Waste Heat Recovery System Scope and Market Size
The global Waste Heat Recovery System market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Waste Heat Recovery System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Steam Rankine Cycle
Organic Rankine Cycle
Segment by Application
Cement
Steel
Petroleum Refining
Chemical
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Kawasaki
Sinoma Energy Conservation
Kesen Kenen
Boustead International Heaters
CITIC Heavy Industries
Thermax
Lingda Group
Ormat
Turboden
Exergy International
Enertime
ElectraTherm
E-Rational
Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by
highlighting information on
different aspects including drivers, restraints...
