Press release
Waste Heat Recovery Boiler Market 2021 Strategic Assessments - Alfa Laval, Amec Foster Wheeler, Robert Bosch, Forbes Marshall
The Waste Heat Recovery Boiler Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Waste Heat Recovery Boiler market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Waste Heat Recovery Boiler market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Waste Heat Recovery Boiler market.the Waste Heat Recovery Boiler market is anticipated to grow at a CAGR of 6.8% during 2021-2026.
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Top Leading Companies of Waste Heat Recovery Boiler Market are - Alfa Laval, Amec Foster Wheeler, Robert Bosch, Forbes Marshall, General Electric, Nooter/Eriksen, Siemens, Thermax, Thyssenkrupp, Viessmann and Zhengzhou Boiler and others.
Market Overview:
A waste heat recovery boiler refers to a heat recovery equipment that is utilized for minimizing the wastage of heat generated by industrial plants. It is primarily used by the factories producing steel, cement, non-ferrous metals and chemicals, such as ethylene, ammonia, sulfuric acid and nitric acid. The boiler is used, along with gas turbines and combined heat/power units, to reprocess the wasted heat energy and convert it into steam or hot water for further utilization. This heat can be used for re-heating applications, generating electricity by driving turbines, compressing vapors and pumping liquids. This aids in enhancing the efficiencies of the plant and lowering the process costs and consumption of utilities.
Significant growth in the power, oil and gas and chemical industries, along with the increasing requirement for energy-efficient industrial processes, is one of the key factors driving the growth of the market. Apart from reusing waste heat, a WHB can also be used for removing heat from a process fluid that needs to be cooled down for transportation or storage. Furthermore, the rising environmental consciousness among the masses is also creating a positive impact on the market growth. Resulting from the growing energy demand, there is an increasing preference for utilizing renewable resources to develop environment-friendly energy with minimal greenhouse gas (GHG) emissions. Other factors, including growing investments in combined cycle power plants across the globe, especially in emerging nations, along with the implementation of various government initiatives to promote sustainable infrastructural development, are projected to drive the market further.
On The Basis of Types: -
Water Tube Boiler
Fire Tube Boiler
On The Basis of Application: -
Power Generation Utilities
Oil & Gas
Chemical
Primary Metals
Others
The Latest Industry Data Included in this Report:
- Waste Heat Recovery Boiler Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Waste Heat Recovery Boiler Market (%),2016 - 2026
- Waste Heat Recovery Boiler Market Share, By Brand
- Waste Heat Recovery Boiler Market Share, By Company
- Waste Heat Recovery Boiler Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Waste Heat Recovery Boiler Market Value Analysis & Forecast
- Promising Waste Heat Recovery Boiler Development by Major Companies
- Detailed Waste Heat Recovery Boiler Portfolio of the Major Companies
- Major Deals in the Waste Heat Recovery Boiler Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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