Global Oil and Gas Waste Heat Recovery Market Growth (Status and Outlook) 2023-2029

Global Oil and Gas Waste Heat Recovery Market Growth (Status and Outlook) 2023-2029

Waste heat recovery is an energy exchange recovery process wherein the heat energy from the exhaust is recovered and used in other industrial processes. The processes include power generation, heat pipe exchanger, regenerators and other applications in different industries. As per estimation 20%-50% of industrial energy usage is eventually released as waste heat.

LPI (LP Information)' newest research report, the “Oil and Gas Waste Heat Recovery Industry Forecast” looks at past sales and reviews total world Oil and Gas Waste Heat Recovery sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil and Gas Waste Heat Recovery sales for 2023 through 2029. With Oil and Gas Waste Heat Recovery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil and Gas Waste Heat Recovery industry.

This Insight Report provides a comprehensive analysis of the global Oil and Gas Waste Heat Recovery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil and Gas Waste Heat Recovery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil and Gas Waste Heat Recovery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil and Gas Waste Heat Recovery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil and Gas Waste Heat Recovery.

The global Oil and Gas Waste Heat Recovery market size is projected to grow from US$ 8777.7 million in 2022 to US$ 12680 million in 2029; it is expected to grow at a CAGR of 5.4% from 2023 to 2029.

The waste heat sources include hot combustion gases from exhaust and heat transfer from hot equipment exteriors. The waste heat recovery unit is a heat exchanger where the heat is recovered from hot streams with high energy content. The commonly used waste heat recovery equipment are HRSGs, industrial heating boilers, and turbines.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil and Gas Waste Heat Recovery market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Heat Exchangers
Boilers
Heat Recovery Steam Generators
Turbines
Tanks

Segmentation by application
Thermal
Electricity Power Generation

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Ormat Technologies
General Electric Company
China Energy Recovery
Bono Energia
HRS
Harbin Electric Company
Dongfang Electric
Amec Foster Wheeler
Siemens
Mitsubishi Heavy Industries
Echogen Power Systems
Econotherm
Thermax Limited
Cool Energy

Please note: The report will take approximately 2 business days to prepare and deliver.