Waste heat recovery is a process that involves capturing of heat exhausted by an existing industrial process. This waste heat is utilized for other heating applications, including power generation and other applications in different industries. There are numerous ways of recovering waste heat from industries. It is estimated that 20%-50% of industrial energy usage is eventually released as waste heat. The sources of waste heat mainly include discharge of hot combustion gases into the atmosphere and heat transfer from hot equipment exteriors. Waste heat recovery unit is normally a heat exchanger where the heat is recovered from hot streams with high energy content.
Thermal application segment is anticipated to dominate the oil and gas waste to heat recovery throughout the forecast period. The enhancement in equipment design is predicted to generate high revenue in thermal segment. Also, the electricity power generation application segment is anticipated to grow at highest CAGR throughout the forecast period. In addition, power management solutions are mounting owing to industrial inclination towards it thus is expected to boost growth of electricity power generation.
In 2019, the market size of Waste Heat Recovery in oil and Gas is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Waste Heat Recovery in oil and Gas.
This report studies the global market size of Waste Heat Recovery in oil and Gas, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Waste Heat Recovery in oil and Gas production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Alstom
Amec Foster Wheeler
Dongfang Electric
Harbin Electric
MHPS
Bono Energia
China Energy Recovery
Forbes Marshall
Ormat Technologies
Siemens
Market Segment by Product Type
Downstream Sector
Upstream Sector
Midstream Sector
Market Segment by Application
Commercial
Residential
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)