Waste Heat Boiler Market Size, Growth Trends, Application Potential and Forecast to 2028 Key Players: Thermax, General Electric, Siemens, CMI Group, Amec Foster Wheeler, and Nooter/Eriksen

Waste Heat Boiler Market Size & Share is growing globally by 2028 due to Increasing awareness regarding the reduction of the carbon footprint and Reduction in the usage of fossil fuels
Several efforts are being taken to utilize the waste heat that is generated by several industrial operations. The energy which is lost in the waste heat is utilized by the waste heat boilers for heating water or the conversion of water to steam.
The waste heat boiler market is segmented based on temperature, source, orientation, and end-users.

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Based on the temperature, it is segmented to ultra-high, high and medium. The temperatures of these waste heat boilers range from 5720F to 11120F. By the source, they are divided into the gas engine, gas turbine, oil engine, incinerator, cement plant kiln, steel plant, and glass furnace. The source varies with the industry the boiler is being used in. On the basis of the orientation, it is bifurcated into horizontal and vertical. Vertical waste heat boilers are more preferred as they have a lower cost of maintenance, lesser downtown, smaller footprint, and high water level tolerance.
Based on the end-users, the division is as power generation utilities, oil & gas, chemical, primary metals, non-metallic minerals.

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Market Segmentation:

By Temperature:

• Ultra-High
• High
• Medium

By Source:

• Gas Engine
• Gas Turbine
• Oil Engine
• Incinerator
• Cement Plant Kiln
• Steel Plant
• Glass Furnace

By Orientation:

• Horizontal
• Vertical

By End Users:

• Power Generation Utilities
• Oil & Gas
• Chemical
• Primary Metals
• Non-Metallic Minerals

This report provides a detailed understanding of the global waste heat boiler market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

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Companies Covered:

• Thermax
• General Electric
• Siemens
• CMI Group
• Amec Foster Wheeler
• Nooter/Eriksen

This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

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About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments about market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.