Europe Waste Heat Boiler Market Outlook to 2027 - Alfa Laval, CiTECH Energy Recovery Solutions (UK) LTD, General Electric, Kawasaki Heavy Industries

The waste heat boiler market in Europe is expected to grow from US$ 1.36 Bn in 2018 to US$ 2.26 Bn by the year 2027. This represents a CAGR of 5.9% from the year 2019 to 2027.

Waste heat boilers are used in various industrial applications; the equipment also integrates with multiple machines, which sometimes might face technical and economic barriers that can hinder their wider application. Today, numerous machines are already integrating with waste heat boilers, such as waste heat recovery technologies. However, the challenge is that heat recovery technologies are not always economical for a given application. Due to integration, the cost of systems would increase. The capital cost to implement a waste heat boilers integrated with waste heat recovery system might be high; the integration might include additional equipment, which requires additional floor area and maintenance cost. The key factors hindering the market growth are long payback periods, material constrain & cost, economies of scale, and operational & maintenance cost.

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The List of Companies
1. Alfa Laval
2. CiTECH Energy Recovery Solutions (UK) LTD
3. General Electric
4. Kawasaki Heavy Industries, Ltd
5. Nooter/Eriksen
6. Bosch Group
7. Thermax
8. Thyssenkrupp AG
9. Viessmann Group
10. Zhengzhou Boiler Co., Ltd

Vendors are highly focused on identifying technical issues and pursuing R&D that enables the wide-scale use of waste heat boilers. R&D areas include materials and designs to extend equipment life, lessen maintenance time intervals, and offer reliable & consistent performance for several years. Emerging technologies provide enhanced recovering waste heat as compared to traditional methods. For instance, the Kalina cycle is one of the successful techniques of recovering low¬ to medium¬ temperature waste heat. Vendors have a massive opportunity by focusing on new technologies that can recover heat from sources not typically considered for heat recoveries such as losses from heated product streams or sidewall losses.

Germany Waste heat boiler market is expected to grow at a good CAGR in the forecast period. Germany is a highly industrialized country, and its economically leading industries include chemicals, automotive, electronics, and food & beverages. Among the countries of EU15, Germany comprises of highest absolute production of CH electricity at present. It is primarily generated from the natural gas combined cycle gas turbines as well as small gas turbines.

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Table of Content:

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Waste Heat Boiler Market Landscape
4.1 Market Overview
4.2 PEST ANALYSIS
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis

5. Europe Waste Heat Boiler Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Stringent government regulations
5.1.2 Growing energy prices
5.2 Key Market Restraint
5.2.1 Challenges associated with integration of waste heat recovery solutions within existing production process
5.3 Key Market Opportunity
5.3.1 Growing focus towards the development of emerging technologies
5.4 Future Trend
5.4.1 Increasing demand for energy efficient solutions
5.5 Impact Analysis of Drivers and Restraints
Continue.....

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