Market Research Report

Waste Heat Recovery Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-14408
  • CAT ID : 11
  • Pages : 110
  • Date : Jun 2023
 

The global Waste Heat Recovery market was valued at US$ 783.9 million in 2022 and is projected to reach US$ 898.1 million by 2029, at a CAGR of 2.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
Waste Heat Recovery System 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.
This report aims to provide a comprehensive presentation of the global market for Waste Heat Recovery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Waste Heat Recovery. This report contains market size and forecasts of Waste Heat Recovery in global, including the following market information:
Global Waste Heat Recovery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Waste Heat Recovery Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Waste Heat Recovery companies in 2022 (%)
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 Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, by Type, 2022 (%)
Steam Rankine Cycle
Organic Rankine Cycle
Global Waste Heat Recovery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, by Application, 2022 (%)
Cement
Steel
Petroleum Refining
Chemical
Others
Global Waste Heat Recovery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Waste Heat Recovery Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
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
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Waste Heat Recovery revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Waste Heat Recovery revenues share in global market, 2022 (%)
Key companies Waste Heat Recovery sales in global market, 2018-2023 (Estimated), (MW)
Key companies Waste Heat Recovery sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sinoma Energy Conservation
Kawasaki
CITIC Heavy Industries
Thermax
Turboden
Kesen Kenen
Boustead International Heaters
Exergy International
Orcan
Enertime
ElectraTherm
Climeon
Outline of Major Chapters:
Chapter 1: Introduces the definition of Waste Heat Recovery, market overview.
Chapter 2: Global Waste Heat Recovery market size in revenue and volume.
Chapter 3: Detailed analysis of Waste Heat Recovery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Waste Heat Recovery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Waste Heat Recovery capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Waste Heat Recovery Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Waste Heat Recovery Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Waste Heat Recovery Overall Market Size
2.1 Global Waste Heat Recovery Market Size: 2022 VS 2029
2.2 Global Waste Heat Recovery Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Waste Heat Recovery Sales: 2018-2029
3 Company Landscape
3.1 Top Waste Heat Recovery Players in Global Market
3.2 Top Global Waste Heat Recovery Companies Ranked by Revenue
3.3 Global Waste Heat Recovery Revenue by Companies
3.4 Global Waste Heat Recovery Sales by Companies
3.5 Global Waste Heat Recovery Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Waste Heat Recovery Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Waste Heat Recovery Product Type
3.8 Tier 1, Tier 2 and Tier 3 Waste Heat Recovery Players in Global Market
3.8.1 List of Global Tier 1 Waste Heat Recovery Companies
3.8.2 List of Global Tier 2 and Tier 3 Waste Heat Recovery Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Waste Heat Recovery Market Size Markets, 2022 & 2029
4.1.2 Steam Rankine Cycle
4.1.3 Organic Rankine Cycle
4.2 By Type - Global Waste Heat Recovery Revenue & Forecasts
4.2.1 By Type - Global Waste Heat Recovery Revenue, 2018-2023
4.2.2 By Type - Global Waste Heat Recovery Revenue, 2024-2029
4.2.3 By Type - Global Waste Heat Recovery Revenue Market Share, 2018-2029
4.3 By Type - Global Waste Heat Recovery Sales & Forecasts
4.3.1 By Type - Global Waste Heat Recovery Sales, 2018-2023
4.3.2 By Type - Global Waste Heat Recovery Sales, 2024-2029
4.3.3 By Type - Global Waste Heat Recovery Sales Market Share, 2018-2029
4.4 By Type - Global Waste Heat Recovery Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Waste Heat Recovery Market Size, 2022 & 2029
5.1.2 Cement
5.1.3 Steel
5.1.4 Petroleum Refining
5.1.5 Chemical
5.1.6 Others
5.2 By Application - Global Waste Heat Recovery Revenue & Forecasts
5.2.1 By Application - Global Waste Heat Recovery Revenue, 2018-2023
5.2.2 By Application - Global Waste Heat Recovery Revenue, 2024-2029
5.2.3 By Application - Global Waste Heat Recovery Revenue Market Share, 2018-2029
5.3 By Application - Global Waste Heat Recovery Sales & Forecasts
5.3.1 By Application - Global Waste Heat Recovery Sales, 2018-2023
5.3.2 By Application - Global Waste Heat Recovery Sales, 2024-2029
5.3.3 By Application - Global Waste Heat Recovery Sales Market Share, 2018-2029
5.4 By Application - Global Waste Heat Recovery Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Waste Heat Recovery Market Size, 2022 & 2029
6.2 By Region - Global Waste Heat Recovery Revenue & Forecasts
6.2.1 By Region - Global Waste Heat Recovery Revenue, 2018-2023
6.2.2 By Region - Global Waste Heat Recovery Revenue, 2024-2029
6.2.3 By Region - Global Waste Heat Recovery Revenue Market Share, 2018-2029
6.3 By Region - Global Waste Heat Recovery Sales & Forecasts
6.3.1 By Region - Global Waste Heat Recovery Sales, 2018-2023
6.3.2 By Region - Global Waste Heat Recovery Sales, 2024-2029
6.3.3 By Region - Global Waste Heat Recovery Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Waste Heat Recovery Revenue, 2018-2029
6.4.2 By Country - North America Waste Heat Recovery Sales, 2018-2029
6.4.3 US Waste Heat Recovery Market Size, 2018-2029
6.4.4 Canada Waste Heat Recovery Market Size, 2018-2029
6.4.5 Mexico Waste Heat Recovery Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Waste Heat Recovery Revenue, 2018-2029
6.5.2 By Country - Europe Waste Heat Recovery Sales, 2018-2029
6.5.3 Germany Waste Heat Recovery Market Size, 2018-2029
6.5.4 France Waste Heat Recovery Market Size, 2018-2029
6.5.5 U.K. Waste Heat Recovery Market Size, 2018-2029
6.5.6 Italy Waste Heat Recovery Market Size, 2018-2029
6.5.7 Russia Waste Heat Recovery Market Size, 2018-2029
6.5.8 Nordic Countries Waste Heat Recovery Market Size, 2018-2029
6.5.9 Benelux Waste Heat Recovery Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Waste Heat Recovery Revenue, 2018-2029
6.6.2 By Region - Asia Waste Heat Recovery Sales, 2018-2029
6.6.3 China Waste Heat Recovery Market Size, 2018-2029
6.6.4 Japan Waste Heat Recovery Market Size, 2018-2029
6.6.5 South Korea Waste Heat Recovery Market Size, 2018-2029
6.6.6 Southeast Asia Waste Heat Recovery Market Size, 2018-2029
6.6.7 India Waste Heat Recovery Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Waste Heat Recovery Revenue, 2018-2029
6.7.2 By Country - South America Waste Heat Recovery Sales, 2018-2029
6.7.3 Brazil Waste Heat Recovery Market Size, 2018-2029
6.7.4 Argentina Waste Heat Recovery Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Waste Heat Recovery Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Waste Heat Recovery Sales, 2018-2029
6.8.3 Turkey Waste Heat Recovery Market Size, 2018-2029
6.8.4 Israel Waste Heat Recovery Market Size, 2018-2029
6.8.5 Saudi Arabia Waste Heat Recovery Market Size, 2018-2029
6.8.6 UAE Waste Heat Recovery Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Sinoma Energy Conservation
7.1.1 Sinoma Energy Conservation Company Summary
7.1.2 Sinoma Energy Conservation Business Overview
7.1.3 Sinoma Energy Conservation Waste Heat Recovery Major Product Offerings
7.1.4 Sinoma Energy Conservation Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.1.5 Sinoma Energy Conservation Key News & Latest Developments
7.2 Kawasaki
7.2.1 Kawasaki Company Summary
7.2.2 Kawasaki Business Overview
7.2.3 Kawasaki Waste Heat Recovery Major Product Offerings
7.2.4 Kawasaki Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.2.5 Kawasaki Key News & Latest Developments
7.3 CITIC Heavy Industries
7.3.1 CITIC Heavy Industries Company Summary
7.3.2 CITIC Heavy Industries Business Overview
7.3.3 CITIC Heavy Industries Waste Heat Recovery Major Product Offerings
7.3.4 CITIC Heavy Industries Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.3.5 CITIC Heavy Industries Key News & Latest Developments
7.4 Thermax
7.4.1 Thermax Company Summary
7.4.2 Thermax Business Overview
7.4.3 Thermax Waste Heat Recovery Major Product Offerings
7.4.4 Thermax Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.4.5 Thermax Key News & Latest Developments
7.5 Turboden
7.5.1 Turboden Company Summary
7.5.2 Turboden Business Overview
7.5.3 Turboden Waste Heat Recovery Major Product Offerings
7.5.4 Turboden Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.5.5 Turboden Key News & Latest Developments
7.6 Kesen Kenen
7.6.1 Kesen Kenen Company Summary
7.6.2 Kesen Kenen Business Overview
7.6.3 Kesen Kenen Waste Heat Recovery Major Product Offerings
7.6.4 Kesen Kenen Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.6.5 Kesen Kenen Key News & Latest Developments
7.7 Boustead International Heaters
7.7.1 Boustead International Heaters Company Summary
7.7.2 Boustead International Heaters Business Overview
7.7.3 Boustead International Heaters Waste Heat Recovery Major Product Offerings
7.7.4 Boustead International Heaters Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.7.5 Boustead International Heaters Key News & Latest Developments
7.8 Exergy International
7.8.1 Exergy International Company Summary
7.8.2 Exergy International Business Overview
7.8.3 Exergy International Waste Heat Recovery Major Product Offerings
7.8.4 Exergy International Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.8.5 Exergy International Key News & Latest Developments
7.9 Orcan
7.9.1 Orcan Company Summary
7.9.2 Orcan Business Overview
7.9.3 Orcan Waste Heat Recovery Major Product Offerings
7.9.4 Orcan Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.9.5 Orcan Key News & Latest Developments
7.10 Enertime
7.10.1 Enertime Company Summary
7.10.2 Enertime Business Overview
7.10.3 Enertime Waste Heat Recovery Major Product Offerings
7.10.4 Enertime Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.10.5 Enertime Key News & Latest Developments
7.11 ElectraTherm
7.11.1 ElectraTherm Company Summary
7.11.2 ElectraTherm Waste Heat Recovery Business Overview
7.11.3 ElectraTherm Waste Heat Recovery Major Product Offerings
7.11.4 ElectraTherm Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.11.5 ElectraTherm Key News & Latest Developments
7.12 Climeon
7.12.1 Climeon Company Summary
7.12.2 Climeon Waste Heat Recovery Business Overview
7.12.3 Climeon Waste Heat Recovery Major Product Offerings
7.12.4 Climeon Waste Heat Recovery Sales and Revenue in Global (2018-2023)
7.12.5 Climeon Key News & Latest Developments
8 Global Waste Heat Recovery Production Capacity, Analysis
8.1 Global Waste Heat Recovery Production Capacity, 2018-2029
8.2 Waste Heat Recovery Production Capacity of Key Manufacturers in Global Market
8.3 Global Waste Heat Recovery Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Waste Heat Recovery Supply Chain Analysis
10.1 Waste Heat Recovery Industry Value Chain
10.2 Waste Heat Recovery Upstream Market
10.3 Waste Heat Recovery Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Waste Heat Recovery Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

 
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Market is segmented by Types, Applications, Technology, End-use Industries, and Regions.
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