Global Waste Heat Recovery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Waste Heat Recovery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Waste Heat Recovery market size was valued at USD 783.9 million in 2022 and is forecast to a readjusted size of USD 898.1 million by 2029 with a CAGR of 2.0% during review period.

Waste Heat Recovery 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.

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%. The global origin is mainly located in North America, Europe, China and Japan. 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%.

The Global Info Research report includes an overview of the development of the Waste Heat Recovery industry chain, the market status of Cement (Steam Rankine Cycle, Organic Rankine Cycle), Steel (Steam Rankine Cycle, Organic Rankine Cycle), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Waste Heat Recovery.

Regionally, the report analyzes the Waste Heat Recovery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Waste Heat Recovery market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Waste Heat Recovery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Waste Heat Recovery industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MW), revenue generated, and market share of different by Type (e.g., Steam Rankine Cycle, Organic Rankine Cycle).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Waste Heat Recovery market.

Regional Analysis: The report involves examining the Waste Heat Recovery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Waste Heat Recovery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Waste Heat Recovery:

Company Analysis: Report covers individual Waste Heat Recovery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Waste Heat Recovery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Cement, Steel).

Technology Analysis: Report covers specific technologies relevant to Waste Heat Recovery. It assesses the current state, advancements, and potential future developments in Waste Heat Recovery areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Waste Heat Recovery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Waste Heat Recovery market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Steam Rankine Cycle
Organic Rankine Cycle

Market segment by Application
Cement
Steel
Petroleum Refining
Chemical
Others

Major players covered
Sinoma Energy Conservation
Kawasaki
CITIC Heavy Industries
Thermax
Turboden
Kesen Kenen
Boustead International Heaters
Exergy International
Orcan
Enertime
ElectraTherm
Climeon

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Waste Heat Recovery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Waste Heat Recovery, with price, sales, revenue and global market share of Waste Heat Recovery from 2018 to 2023.

Chapter 3, the Waste Heat Recovery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Waste Heat Recovery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Waste Heat Recovery market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Waste Heat Recovery.

Chapter 14 and 15, to describe Waste Heat Recovery sales channel, distributors, customers, research findings and conclusion.