Dublin, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The "Waste Heat Recovery Boiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global waste heat recovery boiler market size reached US$ 6.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.4 Billion by 2027, exhibiting a CAGR of 6.34% during 2021-2027.
Companies Mentioned
- Alfa Laval
- Amec Foster Wheeler
- Robert Bosch
- Forbes Marshall
- General Electric
- Nooter/Eriksen
- Siemens
- Thermax
- Thyssenkrupp
- Viessmann
- Zhengzhou Boiler
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
Key Questions Answered in This Report:
- How has the global waste heat recovery boiler market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global waste heat recovery boiler market?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the waste heat temperature?
- What is the breakup of the market based on the waste heat source?
- What is the breakup of the market based on the orientation?
- What is the breakup of the market based on the end-use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global waste heat recovery boiler market and who are the key players?
- What is the degree of competition in the industry?
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 146 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $6.5 Billion |
| Forecasted Market Value (USD) by 2027 | $9.4 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Waste Heat Boiler Recovery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Water Tube Boiler
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fire Tube Boiler
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Waste Heat Temperature
7.1 Medium Temperature
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 High Temperature
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Ultra-High Temperature
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Waste Heat Source
8.1 Oil Engine Exhaust
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Gas Engine Exhaust
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Gas Turbine Exhaust
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Incinerator Exit Gases
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Orientation
9.1 Horizontal
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Vertical
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by End-Use Industry
10.1 Power Generation Utilities
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Oil & Gas
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Chemical
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Primary Metals
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Others
10.5.1 Market Trends
10.5.2 Market Forecast
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/v86f6o-heat?w=12
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