Press release
Global Waste Heat Recovery Market Size Is Projected To Reach US$ 33080 Million By 2027, From US$ 27460 Million In 2020, At A CAGR Of 2.8% During 2021-2027
QY Research has made a brilliant attempt to elaborately and meticulously analyze the global Waste Heat Recovery market in its latest report. All of the market forecasts presented in the report are authentic and reliable.Waste heat recovery is the process of “heat integration”, that is, reusing heat energy that would otherwise be disposed of or simply released into the atmosphere. By recovering waste heat, plants can reduce energy costs and CO2 emissions, while simultaneously increasing energy efficiency. Waste heat to power (WHP) is the process of capturing heat discarded by an existing industrial process and using that heat to generate power. Energy intensive industrial processes—such as those occurring at refineries, steel mills, glass furnaces, and cement kilns—all release hot exhaust gases and waste streams that can be harnessed with well-established technologies to generate electricity. The recovery of industrial waste heat for power is a largely untapped type of combined heat and power (CHP), which is the use of a single fuel source to generate both thermal energy (heating or cooling) and electricity. Global Waste Heat Recovery key players include Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, etc. Global top four manufacturers hold a share about 45%. China is the largest market, with a share about 80%, followed by Europe, and India, both have a share over 10 percent. In terms of product, Over 7MW is the largest segment, with a share over 60%. And in terms of application, the largest application is Cement, followed by Steel, Chemical, Petroleum Refining, etc. Market Analysis and Insights: Global Waste Heat Recovery Market The global Waste Heat Recovery market size is projected to reach US$ 33080 million by 2027, from US$ 27460 million in 2020, at a CAGR of 2.8% during 2021-2027.
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The Essential Content Covered in the Global Waste Heat Recovery Market Report :
* Top Key Company Profiles.
* Main Business and Rival Information
* SWOT Analysis and PESTEL Analysis
* Production, Sales, Revenue, Price and Gross Margin
* Market Share and Size
Top Players of Waste Heat Recovery Market are Studied: Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, CITIC Heavy Industries, Thermax, Lingda Group, Ormat, Turboden, Exergy International, Enertime, ElectraTherm, E-Rational
The report provides a 6-year forecast (2021-2027) assessed based on how the Waste Heat Recovery market is predicted to grow in major regions like USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others.
Segmentation by Type: Over 7MW, Below 1MW, 1MW-3MW, 3MW-7MW
Segmentation by Application: Cement, Steel, Petroleum Refining, Chemical, Other
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Reasons to Buy this Report:
Industry Size & Forecast: Estimations on the global Waste Heat Recovery industry size on the basis of value and volume are provided in this part of the report
Study on Key Industry Trends: This section offers deep insights into the prevailing and upcoming Waste Heat Recovery trends
Segmental Analysis: Here, the report has examined the high-growth segments including product type, application, and end-users, taking into account their CAGR, share, and size
Future Prospects: Current Waste Heat Recovery developments and future opportunities estimated to emerge in the Waste Heat Recovery industry are looked into in this portion of the study
Geography-wise Analysis: The authors of the report have studied the regions having growth potential to help companies plan their future investments
Study on Competitive Landscape: The industry experts have offered thorough information about the strategic tactics adopted by the industry participants to consolidate their position. This assessment will help the players to strategize their activities in future.
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