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    Waste Heat To Power Market Report

    Waste Heat To Power Market Report
    Report code - SRCE234 Delivery - 2 Weeks
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    Waste Heat to Power Market Size, Share, Trend, Forecast, & Industry Analysis – 2 See more...

    Impact of COVID-19 on Waste Heat To Power Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Waste Heat To Power Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Waste Heat to Power Market Insights

    Waste heat to power market is likely to witness an impressive CAGR of 12.1% during the forecast period. Major factors such as growth in the robust industrial sector and surge in energy demand are bolstering the product adoption across developing economies. Further, stringent government mandates along with increasing focus to curb emissions has aligned industrial inclination toward integration of effective energy conservation measures, which is likely to drive the market during forecast period.

    Waste Heat to Power Market - Snapshot

    Growth

    12.1% for the next five years

    Largest Application Type Segment

    Cement Industry

    Fastest Growing Product Type Segment

    Steam Rankine Cycle

    Largest Region

    Europe

    Key Players

    IHI Corporation, AMEC Foster Wheeler Ltd., Cochran Ltd., Forbes Marshall Private Limited, Rentech Boiler Systems Inc., Thermax Limited, Viessmann Limited, General Electric, Ormat Technologies, and Exergy SPA.

     

    Market Share Analysis

    Waste-Heat-to-Power-Market-Dominant-Segments

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    Waste Heat to Power Market Share: By Product Type

    Based on the product type, the waste heat to power market is segmented as steam rankine cycle, organic rankine cycle, and kalina cycle. The steam rankine cycle segment is estimated to grow with the highest CAGR during the forecast period. The segment is preferred due to its ease of operation and low maintenance cost.

    Waste Heat to Power Market Share: By Application Type

    Based on the application type, the waste heat to power market is segmented as petroleum refining, cement industry, heavy metal production, chemical industry, pulp & paper, food & beverage, glass industry, and others. The cement industry segment is expected to remain the largest segment by application type over the forecast period. Growing prominence of ORC-based systems and huge potential for heat recovery offered by cement industry are driving the waste heat to power market for cement industry applications.

    Waste Heat to Power Market Share: By Region

    In terms of regions, Europe is estimated to be the largest market for waste heat to power during the forecast period. Technological innovations, supportive government policies and efforts to reduce GHG emissions are the factors responsible for the growth of the waste to heat market in this region. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Waste-Heat-to-Power-Market-By-Region

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    Some of the major players in the waste heat to power market are-

    • IHI Corporation
    • AMEC Foster Wheeler Ltd.
    • Cochran Ltd.
    • Forbes Marshall Private Limited
    • Rentech Boiler Systems Inc.
    • Thermax Limited
    • Viessmann Limited
    • General Electric
    • Ormat Technologies
    • Exergy SPA.

     

    Market Scope & Segmentation

    Waste heat to power is the capturing of heat discarded from an industrial process which could be further used to generate electricity. The waste heat streams are generated from turbines, engines, furnaces, ovens, etc. across the industrial sector.  Also, landfills, mining sites, and compressor stations generate waste heat to power, which is predominantly applied in industrial sectors where the characteristics of waste heat stream are favorable.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Waste Heat to Power Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    24

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The waste heat to power market is segmented into the following categories. 

    Waste Heat to Power Market Size, Share, & Forecast, by Product Type:

    • Steam Rankine Cycle (SRC) (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Organic Rankine Cycle (ORC) (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Kalina Cycle (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)

    Waste Heat to Power Market Size, Share, & Forecast, by Application Type:

    • Petroleum Refining (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Cement Industry (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Heavy Metal Production (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Chemical Industry (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Pulp & Paper (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Glass Industry (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)

    Waste Heat to Power Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • South America (Country Analysis: Brazil, Argentina, and Rest of South America)
    • The Middle east & Africa (Sub-Region Analysis: the Middle East, and Africa)

    Waste-Heat-to-Power-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The waste heat to power market is expected to witness an impressive growth of 12.1% CAGR in the foreseeable future.

    IHI Corporation, AMEC Foster Wheeler Ltd., Cochran Ltd., Forbes Marshall Private Limited, Rentech Boiler Systems Inc., Thermax Limited, Viessmann Limited, General Electric, Ormat Technologies, and Exergy SPA are among the key players in the waste heat to power market.

    Europe is expected to be the largest waste heat to power market during the next five years.

    The steam rankine cycle segment is estimated to grow with the highest CAGR in the waste heat to power market in the coming years.

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