Global Cement Waste Heat Power Generation Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Cement Waste Heat Power Generation Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

In the industrial production process such as cement, a large amount of waste heat from the production waste gas is recovered and heat exchanged through the heat exchange device to generate hot steam to drive the steam turbine to convert thermal energy into mechanical energy, thereby driving the generator to emit electrical energy for industrial production. The entire The power generation process does not add any new fuel consumption.

Market Overview:

The latest research study on the global Cement Waste Heat Power Generation market finds that the global Cement Waste Heat Power Generation market reached a value of USD 664.19 million in 2023. It’s expected that the market will achieve USD 990.97 million by 2029, exhibiting a CAGR of 6.9% during the forecast period.

Cement kiln exhaust gas waste heat power generation technology began in industrially developed countries. Japan and the United States were the first countries to develop this technology. As early as the 1920s and 1930s, several cement plants built by the Japanese in Northeast my country and North China all used dry-process hollow kilns with waste heat power generation systems. At that time, the technical requirements for waste heat power generation were limited to conditions that did not affect the operation of the kiln. It can ensure continuous and stable power supply without higher requirements on energy consumption and other technical indicators. In the 1960s and 1970s, due to the development of the national economy, the demand for cement increased and the supply of electricity was tight, creating demand conditions for the development of cement kiln waste heat power generation technology in my country. In the early 1990s, my country's cement industry focused on the development of new dry processes. In August 1995, the State Planning Commission, the State Building Materials Administration and the Japan New Energy Industry and Technology Comprehensive Development Agency signed a basic agreement on the demonstration project of cement waste heat power generation equipment. , Japan provided a set of low-temperature waste heat power generation equipment, which was installed on the 4000t/d production line of Ningguo Cement Plant. The installed capacity of the generator is 6480kW. This system makes full use of the large amount of waste heat generated in the cement production process, and can recover 30 to 40kWh of electric energy per ton of clinker. The system can operate stably for a long time, and the power generation cost is extremely low. It can save a lot of electricity purchase costs compared to the purchased electricity price. The application of this technology can not only reduce cement production costs and improve corporate economic benefits, but also save a large amount of electric energy for the country and reduce environmental pollution. It has broad prospects for promotion and application. After entering the 21st century, my country's cement industry has developed rapidly. Scientific development, technological innovation, energy conservation and emission reduction, and low-carbon clean production have become new requirements for the development of the cement industry. Cement waste heat power generation technology has also been vigorously developed and promoted at the same time. Judging from the current market, China is the largest cement waste heat power generation market.

technical barriers

The basic concepts and directions of domestic waste heat power generation technology are the same. They all recover heat from media such as hot air/flue gas through waste heat boilers (heat exchangers) and transfer energy to heat feed water to generate superheated/saturated steam. The turbine generator unit produces work and generates electricity. One of its key equipment and core issues is the waste heat boiler. How to recover and collect the energy-rich heat medium and lead it out for energy conversion through the waste heat boiler is a technical difficulty, which is slightly different in various waste heat power generation technologies. In addition, the design of the waste heat boiler itself also determines the proportion and thoroughness of waste heat recovery and utilization to a certain extent. Waste heat power generation is a technology-intensive industry, and technical capabilities are a prerequisite for project implementation.

New customer development issues

Since 2021, Chinese cement companies have actively explored diversified carbon emission reduction paths. On the one hand, they have improved energy utilization through kiln renovations, technology upgrades, and intelligent transformations. On the other hand, they have used renewable fuels, biomass fuels, and photovoltaic power generation. Provide energy support for cement production and promote energy structure adjustment. Waste heat power generation is also an important way for cement companies to improve energy utilization efficiency. At present, many large cement companies have established waste heat power generation systems, which can solve about one-third of their own electricity consumption. Cement waste heat power generation is not a consumable for the same cement company. Cement companies that have completed the construction of cement waste heat power generation systems will not rebuild cement waste heat power generation systems again in a short period of time. Therefore, under the background that most large enterprises have established cement waste heat power generation systems, how to develop new customers will become an important factor restricting the further development of the cement waste heat power generation industry.

Region Overview:

In 2022, China's cement waste heat power generation market share will be 59.18%.

Company Overview:

Major players in the cement waste heat power generation market include Sinoma Energy Conservation Co., Ltd., Anhui Conch Kawasaki Engineering Co., Ltd., Kawasaki Plant Systems Ltd., Nanjing Kaisheng Kaineng Environmental Protection Energy Co., Ltd., GE Gas Power, etc. Among them, Sinoma Energy Conservation Co., Ltd. ranks first in terms of sales and revenue in 2023.

Segmentation Overview:

By type, the dual-pressure boiler dual-pressure system segment held the largest market share in 2022.

Application Overview:

From the perspective of application, the market segment of cement production lines above 4,000t will occupy the largest share from 2018 to 2022.

Key Companies in the global Cement Waste Heat Power Generation market covered in Chapter 3:

Turboden
Sichuan Crun Co., Ltd.
Ormat
Sinoma Energy Saving Co., LTD
Nanjing Kai bloom energy Co., LTD
GE Gas Power
Anhui Conch Kawasaki Engineering Co., LTD
Kawasaki Plant Systems Ltd.
Transparent Energy Systems Private Limited
Citic Heavy Machinery Co., LTD
Jintongling Technology Group Co., LTD

In Chapter 4 and Chapter 14.2, on the basis of types, the Cement Waste Heat Power Generation market from 2019 to 2030 is primarily split into:

Single pressure system
Hot water flash evaporation dual pressure system
Dual pressure boiler dual pressure system

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cement Waste Heat Power Generation market from 2019 to 2030 covers:

Cement production line above 4000t
Cement production line below 4000t

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)