Oil and Gas Waste Heat Recovery 2018 Market Size, Industry New Tech Developments, Growth by Leading International Manufacturers & Regional Outlook from 2018 To 2023

Market Overview:-

Waste heat recovery systems are amongst the utmost cost-effective way to increase the overall efficiency of the oil & gas exploration and production plant, while diminishing the fuel demand. Large quantities of fuel such as coal, oil and gas, which are used to produce power through conventional power plants are wasted due to the confines of the power conversion processes. The exhaust gas emitted from various processes of the oil & gas plant, exhibits a large amount of the energy, this energy produced is called as waste heat. The industrial process often produces enough waste energy to generate electricity. Waste Heat Recovery Units (WHRUs) or heat to power units can recover the waste heat and convert it into electricity by using Organic Rankine Cycle (ORC). Any major exhaust gas stream with temperatures above 3000F has a vital potential for significant waste heat recovery feasibility.

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Indusrty Top Key Players:-

The key players of global oil and gas waste heat recovery market are ABB Ltd. (Switzerland), Ormat Technologies (U.S), General Electric Company (U.S), China Energy Recovery (China), Bono Energia (Italy), HRS (U.K), Harbin Electric Company Limited (China), Dongfang Electric Corporation (China), Amec Foster Wheeler (U.K), Siemens AG (Germany), Mitsubishi Heavy Industries Ltd. (Japan), Echogen Power Systems Inc.(U.S), Econotherm Ltd (U.K), Thermax Limited (U.K), and Cool Energy, Inc. (U.S).

Market Segmentation:-

Global oil and gas waste heat recovery market has been segmented based on sector, application, equipment, end-user, and region. Based on sector, the market is segmented into upstream, midstream, and downstream. Among these, the downstream segment is projected to dominate the oil and gas waste heat recovery market until 2023. The downstream sector consists of refineries and petrochemical complex, which generate a huge amount of waste energy during its operations, thus, giving an extra advantage of utilizing waste energy. Based on application, the market is segmented into thermal, electricity power generation, and others. Thermal segment dominated the market in 2016 and is projected to be the fastest growing application segment for oil and gas waste heat recovery market. Thermal waste heat recovery is highly efficient and vitally used for pre-heating and steam generation process

Major Points From Table Of Content:-

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective



3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers



4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

To be Continued....

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Market Research Analysis:-

The global oil & gas waste heat recovery market has been segmented based on sector, application, equipment, end-user, and region. Based on sector, the market is segmented into upstream, midstream, and downstream. Among these, the downstream sector is projected to dominate the oil & gas waste heat recovery market until 2023. The downstream sector consists of refineries and petrochemical complexes, which generate a huge amount of waste energy during their operations, thus, having an extra advantage of utilizing waste energy. Based on application, the market is segmented into thermal, electricity power generation, and others. Thermal application dominated the market in 2016 and is projected to be the fastest-growing application segment for oil & gas waste heat recovery.

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