Industries > Energy > Waste Heat Recovery Market Report 2024-2034

Waste Heat Recovery Market Report 2024-2034

Forecasts by Temperature Range (High-temperature (>400°C), Medium-temperature (100-400°C), Low-temperature (<100°C)), by Application (Preheating, Power Generation, Steam Generation, Other), by End-use Industry (Cement Industry, Iron and steel Industry, Chemical Industry, Glass Industry, Other), by Technology (Heat Exchangers, Turbo-expanders, Organic Rankine Cycles (ORCs), Heat Pumps, Kalina Cycles, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

PUBLISHED: 23 February 2024
PAGES: 368
PRODUCT CODE: ENE0609
SUBMARKET: Waste to Energy

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The Waste Heat Recovery Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

The Surge in Environmental Consciousness and the Imperative to Reduce Carbon Footprints.

The waste heat recovery market presents a dynamic landscape in the realm of industrial energy efficiency, offering a compelling avenue for sustainable practices and economic gains. Waste heat, a by-product of industrial processes, is harnessed through innovative technologies to drive electricity generation and enhance mechanical work, thereby mitigating energy consumption and reducing operational costs. This executive summary provides a concise overview of the WHR market, encapsulating key drivers, opportunities, challenges, and competitive landscapes.

The waste heat recovery market unfolds a myriad of opportunities across various sectors. The integration of waste heat recovery in electricity generation provides an attractive proposition for industries with high electricity consumption, offering not only reduced energy costs but also opportunities to sell surplus electricity to the grid. Additionally, the prospect of selling recovered heat externally, especially in industrial clusters, opens up new revenue streams. Technological advancements and research initiatives further underscore opportunities for innovation and the development of more efficient waste heat recovery systems.

Integration of Waste Heat Recovery Systems into Existing Industrial Processes

The seamless integration of waste heat recovery (WHR) systems into existing industrial processes emerges as a critical challenge within the market. Industrial facilities often grapple with the complexities associated with retrofitting or incorporating new technologies into their established operations. The integration process involves aligning waste heat recovery systems with diverse and often intricate industrial processes, demanding a meticulous understanding of the specific requirements and nuances of each facility.

One key challenge lies in the diverse nature of industrial operations, where processes vary significantly across sectors such as manufacturing, energy production, and chemical processing. Each industry possesses unique operational parameters, making it imperative for waste heat recovery systems to be tailored to the specific characteristics and demands of the given industrial setting. This customization requirement adds a layer of complexity, hindering a one-size-fits-all approach and necessitating a careful examination of each facility’s intricacies.

What Questions Should You Ask before Buying a Market Research Report?
  • How is the waste heat recovery market evolving?
  • What is driving and restraining the waste heat recovery market?
  • How will each waste heat recovery submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each waste heat recovery submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading waste heat recovery markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the waste heat recovery projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of waste heat recovery projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the waste heat recovery market?
  • Where is the waste heat recovery market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the waste heat recovery market today, and over the next 10 years:
  • Our 368-page report provides 116 tables and 172 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the waste heat recovery market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects
  • In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising waste heat recovery prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report
Market Segment by Temperature Range
  • High-temperature (>400°C)
  • Medium-temperature (100-400°C)
  • Low-temperature (<100°C)
Market Segment by Application
  • Preheating
  • Power Generation
  • Steam Generation
  • Other Applications
Market Segment by End-use Industry
  • Cement Industry
  • Iron and steel Industry
  • Chemical Industry
  • Glass Industry
  • Other End-use Industries
Market Segment by Technology
  • Heat Exchangers
  • Turbo-expanders
  • Organic Rankine Cycles (ORCs)
  • Heat Pumps
  • Kalina Cycles
  • Other Technologies

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In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America
  • U.S.
  • Canada
Europe
  • Germany
  • Spain
  • United Kingdom
  • France
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa


Need industry data? Please contact us today.

The report also includes profiles and for some of the leading companies in the Waste Heat Recovery Market, 2024 to 2034, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
  • ABB Limited
  • Clyde Bergemann Power Group
  • Cool Energy Inc
  • Echogen Power Systems
  • Econotherm Ltd
  • General Electric Company
  • John Wood Group plc
  • JP Steel Plantech Co
  • Mitsubishi Heavy Industries, Ltd
  • Ormat Technologies, Inc.
  • PENTA Engineering Corporation
  • Siemens AG
  • Sigma Thermal, Inc
  • Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)
  • Transparent Energy Systems Private Ltd

Overall world revenue for Waste Heat Recovery Market, 2024 to 2034 in terms of value the market will surpass US$84.0 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Waste Heat Recovery Market, 2024 to 2034 report help you?

In summary, our 360+ page report provides you with the following knowledge:

  • Revenue forecasts to 2034 for Waste Heat Recovery Market, 2024 to 2034 Market, with forecasts for temperature range, application, end-use industry, and technology, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Waste Heat Recovery Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Waste Heat Recovery Market, 2024 to 2034.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Waste Heat Recovery Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.

To access the data contained in this document please email contactus@visiongain.com

Buy our report today Waste Heat Recovery Market Report 2024-2034: Forecasts by Temperature Range (High-temperature (>400°C), Medium-temperature (100-400°C), Low-temperature (<100°C)), by Application (Preheating, Power Generation, Steam Generation, Other), by End-use Industry (Cement Industry, Iron and steel Industry, Chemical Industry, Glass Industry, Other), by Technology (Heat Exchangers, Turbo-expanders, Organic Rankine Cycles (ORCs), Heat Pumps, Kalina Cycles, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis. Avoid missing out by staying informed – order our report now.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: contactus@visiongain.com

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