2023-2030 Waste Heat Recovery Market Landscape: Competitive Strategies, with Regional Growth Share

2023-2030 Waste Heat Recovery Market Landscape: Competitive Strategies, with Regional Growth Share

Waste Heat Recovery Market Insights and Overview [2023-2029] | No. of Pages 119

A New “Waste Heat Recovery Market” Research Report 2023: Demonstrate global opportunities, future business trends, and current growth scenario of Top Market Players?(Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, CITIC Heavy Industries, Thermax). This report covers industry size, share, regional developments, and new investment plans with industry segments and sub-segments. Recent Waste Heat Recovery market size is based on key segments by Type?(Over 7MW, Below 1MW, 1MW-3MW, 3MW-7MW), Application?(Cement, Steel, Petroleum Refining, Chemical, Other), and region.

The global Waste Heat Recovery market was valued at USD 27460 million in 2020 and it is expected to reach USD 33080 million by the end of 2027, growing at a CAGR of 2.8% during 2021-2027.

The report covers a precise and strategic assessment of top manufacturers along with?Growth Revenue, Industry CAGR Status, Competitive Landscape, and Company Profiles Analysis. It also highlights the production and consumption scenario with supply-demand status, the latest opportunities, and challenges for the forecast period.

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Global Waste Heat Recovery Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period 2023-2029.

List of Top Major Players Covered in the Waste Heat Recovery Market Are:

  • Kawasaki
  • Sinoma Energy Conservation
  • Kesen Kenen
  • Boustead International Heaters
  • CITIC Heavy Industries
  • Thermax
  • Lingda Group
  • Ormat
  • Turboden
  • Exergy International
  • Enertime
  • ElectraTherm
  • E-Rational

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Short Description Of Waste Heat Recovery Market:

“The Global Waste Heat Recovery market is anticipated to rise at a considerable rate during the forecast period, between 2023 to 2029. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.”

The Waste Heat Recovery market size highlights market essentials, opportunities, regional trends, emerging growth factors, market challenges, forecasts and competitors joined with their market share.

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 was valued at USD 27460 million in 2020 and it is expected to reach USD 33080 million by the end of 2027, growing at a CAGR of 2.8% during 2021-2027.


Global Waste Heat Recovery Market: Drivers and Restrains


The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.


A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.


Global Waste Heat Recovery Market: Segment Analysis


The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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Market Segments Analysis:

This report has explored the key segments: by Type and by Application. The report evaluates the important characteristics of the market based on current market scenarios, market demands, and business strategies. This report also provides sales, revenue, and average price forecast data by type and by application segments based on production, price, and value for the period 2018-2029.

On the basis of Product Type, this report displays the production, revenue, price, market share, and growth rate of Waste Heat Recovery Market types split into:

  • Over 7MW
  • Below 1MW
  • 1MW-3MW
  • 3MW-7MW

On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share, and growth rate of Waste Heat Recovery Market applications, including:

  • Cement
  • Steel
  • Petroleum Refining
  • Chemical
  • Other

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Global Key Stakeholders:

  • Raw material suppliers
  • Distributors/traders/wholesalers/suppliers
  • Regulatory bodies, including government agencies and NGO
  • Commercial research & development (R&D) institutions
  • Importers and exporters
  • Government organizations, research organizations, and consulting firms
  • Trade associations and industry bodies
  • End-use industries

Key inclusions of the Waste Heat Recovery market report:

  • COVID-19 effects on Waste Heat Recovery market growth figures.
  • Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
  • Organized mentions of major market trends.
  • Growth Opportunities with Waste Heat Recovery Market Forecast
  • Figures showcasing market growth rate.
  • Advantages and disadvantages of direct and indirect sales channels.
  • Insights regarding traders, distributors, and dealers present in the industry.

Region and Country Coverage:

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

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Waste Heat Recovery Market Report Covers the Following Questions:

  • Which regional market is covered in terms of Waste Heat Recovery market share and size?
  • What factors are preventing market growth?
  • What are the key trends observed in the market?
  • Who are the most-established players in the global Waste Heat Recovery market landscape?
  • What are the different strategies used by players to market their products during the COVID-19 pandemic?
  • How are emerging market players expanding their presence in the Waste Heat Recovery market?
  • What are the major challenges in front of the global Waste Heat Recovery market?
  • Who are the key vendors of the global Waste Heat Recovery market?
  • What are the leading key industries of the global Waste Heat Recovery market?
  • Which factors are responsible for driving the global Waste Heat Recovery market?
  • What are the key outcomes of SWOT and Porter’s five analyses?
  • What are the major key strategies for enhancing global opportunities?
  • What are the different effective sales patterns?
  • What will be the global market size in the forecast period?
  • What are the strengths and weaknesses of the Waste Heat Recovery Market?
  • What are the different marketing and distribution channels?
  • What is the current CAGR of the Waste Heat Recovery Market?
  • What are the Waste Heat Recovery market opportunities in front of the market?
  • What are the highest competitors in the Waste Heat Recovery market?
  • What is the Waste Heat Recovery market size and growth rate in the forecast period?

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Detailed TOC of Global Waste Heat Recovery Market Research Report 2023

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Waste Heat Recovery Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.3 Market by Application

1.3.1 Global Waste Heat Recovery Market Growth by Application: 2018 VS 2022 VS 2029

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2 Global Growth Trends

2.1 Global Waste Heat Recovery Market Perspective (2018-2029)

2.2 Waste Heat Recovery Growth Trends by Region

2.2.1 Global Waste Heat Recovery Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Waste Heat Recovery Historic Market Size by Region (2018-2023)

2.2.3 Waste Heat Recovery Forecasted Market Size by Region (2024-2029)

2.3 Waste Heat Recovery Market Dynamics

2.3.1 Waste Heat Recovery Industry Trends

2.3.2 Waste Heat Recovery Market Drivers

2.3.3 Waste Heat Recovery Market Challenges

2.3.4 Waste Heat Recovery Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Waste Heat Recovery Players by Revenue

3.1.1 Global Top Waste Heat Recovery Players by Revenue (2018-2023)

3.1.2 Global Waste Heat Recovery Revenue Market Share by Players (2018-2023)

3.2 Global Waste Heat Recovery Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Waste Heat Recovery Revenue

3.4 Global Waste Heat Recovery Market Concentration Ratio

3.5 Waste Heat Recovery Key Players Head office and Area Served

3.6 Key Players Waste Heat Recovery Product Solution and Service

3.7 Date of Enter into Waste Heat Recovery Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Waste Heat Recovery Breakdown Data by Type

4.1 Global Waste Heat Recovery Historic Market Size by Type (2018-2023)

4.2 Global Waste Heat Recovery Forecasted Market Size by Type (2024-2029)

5 Waste Heat Recovery Breakdown Data by Application

5.1 Global Waste Heat Recovery Historic Market Size by Application (2018-2023)

5.2 Global Waste Heat Recovery Forecasted Market Size by Application (2024-2029)

6 North America

6.1 North America Waste Heat Recovery Market Size (2018-2029)

6.2 North America Waste Heat Recovery Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Waste Heat Recovery Market Size by Country (2018-2023)

6.4 North America Waste Heat Recovery Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Waste Heat Recovery Market Size (2018-2029)

7.2 Europe Waste Heat Recovery Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Waste Heat Recovery Market Size by Country (2018-2023)

7.4 Europe Waste Heat Recovery Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Waste Heat Recovery Market Size (2018-2029)

8.2 Asia-Pacific Waste Heat Recovery Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Waste Heat Recovery Market Size by Region (2018-2023)

8.4 Asia-Pacific Waste Heat Recovery Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Waste Heat Recovery Market Size (2018-2029)

9.2 Latin America Waste Heat Recovery Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Waste Heat Recovery Market Size by Country (2018-2023)

9.4 Latin America Waste Heat Recovery Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Waste Heat Recovery Market Size (2018-2029)

10.2 Middle East & Africa Waste Heat Recovery Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Waste Heat Recovery Market Size by Country (2018-2023)

10.4 Middle East & Africa Waste Heat Recovery Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

Continue…………….

Detailed TOC of Global Waste Heat Recovery Market?@?https://www.industryresearch.biz/TOC/19859784

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