Global Waste Heat Recovery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Waste Heat Recovery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Waste Heat Recovery market size was valued at US$ 817 million in 2023 and is forecast to a readjusted size of USD 938 million by 2030 with a CAGR of 2.0% during review period.

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%.

This report is a detailed and comprehensive analysis for global Waste Heat Recovery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Waste Heat Recovery market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030

Global Waste Heat Recovery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030

Global Waste Heat Recovery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030

Global Waste Heat Recovery market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Waste Heat Recovery

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Waste Heat Recovery market based on the following parameters - company overview, sales quantity, revenue, 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, Orcan, Enertime, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Waste Heat Recovery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

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 quantity, revenue, and global market share of Waste Heat Recovery from 2019 to 2024.

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 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

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 2019 to 2024.and Waste Heat Recovery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

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.