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Waste Heat Boiler Market is Projected to Reach $10.03 Bn, at a CAGR of 6.4% till 2027: Nooter/Eriksen, The Bosch Group, Thermax Limited, Thyssenkrupp AG, Viessmann Group, Zhengzhou Boiler

02-20-2020 05:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Waste Heat Boiler Market

Waste Heat Boiler Market

The Waste heat boiler Market research report provides an in-depth analysis of the major industry leading players along with the company profiles and strategies adopted by them. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with said industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.

The global waste heat boiler market is estimated to account US$ 5.78 Bn in 2018 and is expected to grow at a CAGR of 6.4% during the forecast period 2019 - 2027, to account to US$ 10.03 Bn by 2027.

The waste heat recovery system offers economical steady power for oil & gas operations, from drilling and production, to midstream and downstream. In oil & gas processing plants substantial amount of energy is frequently consumed to heat as well as cool product streams amongst stages. Further, the oil & gas sector strongly focuses on safety as well as consistency of operations. Thus, technologies for waste heat recovery can be extensively implemented to improve overall plant efficiency, after validating their operation fulfil the industry standards. Presently, maximum large refineries make use of CHP to deliver a share of their process steam and power requirements as well as to improve energy reliability.

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Leading Waste heat boiler Market Players:

o Alfa Laval
o CiTECH Energy Recovery Solutions (UK) LTD
o General Electric
o Kawasaki Heavy Industries, Ltd.
o Nooter/Eriksen
o The Bosch Group
o Thermax Limited
o Thyssenkrupp AG
o Viessmann Group
o Zhengzhou Boiler

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Most of existing CHP in the oil & gas sector is natural gas, however growth prospects appear in refineries planning expansions as well as upgrades. In 2019, Suncor Energy Inc., a Canadian Energy Company, announced to invest $1.4 Bn for the replacement of two coke-fired boilers with gas-fired cogeneration units in its oil sands project. This would help the company to reduce greenhouse-gas emissions from steam production at its base plant. Also, TransAlta Corporation signed an agreement with SemCAMS Midstream ULC to construct and operate a new CHP facility at a sour gas processing plant in Alberta. Further, Siemens was selected by Braskem, a Brazilian petrochemical company, to modernize its cogeneration power and steam plant located in Sao Paulo.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Waste heat boiler market based on product and application. It also provides market size and forecast till 2027 for overall Waste heat boiler market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Worldwide Waste heat boiler Market Analysis to 2027 is a specialized and in-depth study of the Chemical industry with a focus on the global market trend. The report aims to provide an overview of global Waste heat boiler market with detailed market segmentation by product/application and geography. The global Waste heat boiler market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Waste heat boiler players and offers key trends and opportunities in the market.

Also, key Waste heat boiler market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Key Benefits of Buying this Research Study:

1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Waste heat boiler market
2. Highlights key business priorities in order to assist companies to realign their business strategies
3. The key findings and recommendations highlight crucial progressive industry trends in the Waste heat boiler Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

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