Latest research report on “Waste Heat Recovery Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Waste heat recovery is the process of heat integration, that is, reusing heat energy that would otherwise be disposed of or simply released into the atmosphere. By recovering waste heat, plants can reduce energy costs and CO2 emissions, while simultaneously increasing energy efficiency.
Waste heat to power (WHP) is the process of capturing heat discarded by an existing industrial process and using that heat to generate power. Energy intensive industrial processessuch as those occurring at refineries, steel mills, glass furnaces, and cement kilnsall release hot exhaust gases and waste streams that can be harnessed with well-established technologies to generate electricity. The recovery of industrial waste heat for power is a largely untapped type of combined heat and power (CHP), which is the use of a single fuel source to generate both thermal energy (heating or cooling) and electricity.
This report contains market size and forecasts of Waste Heat Recovery in global, including the following market information:
Global Waste Heat Recovery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Waste Heat Recovery Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Waste Heat Recovery companies in 2021 (%)
The global Waste Heat Recovery market was valued at 28840 million in 2021 and is projected to reach US$ 34710 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Over 7MW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Waste Heat Recovery include Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, CITIC Heavy Industries, Thermax, Lingda Group, Ormat and Turboden, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Waste Heat Recovery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Waste Heat Recovery Market, by MW Capacity, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, by MW Capacity, 2021 (%)
– Over 7MW
– Below 1MW
Global Waste Heat Recovery Market, by Industry, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, by Industry, 2021 (%)
– Petroleum Refining
Global Waste Heat Recovery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Waste Heat Recovery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Waste Heat Recovery revenues share in global market, 2021 (%)
Key companies Waste Heat Recovery sales in global market, 2017-2022 (Estimated), (MW)
Key companies Waste Heat Recovery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Sinoma Energy Conservation
– Kesen Kenen
– Boustead International Heaters
– CITIC Heavy Industries
– Lingda Group
– Exergy International
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