Waste Heat Recovery Boiler Market Share, Overview, Trends, Opportunities, Growth and Forecast to 2025

 The global waste heat recovery boiler market share grew at a CAGR of around 7% during 2014-2019 the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group.

A waste heat recovery boiler is a system that is used for minimizing the wastage of heat generated by industrial plants. It captures the heat dissipating from industrial processes for reuse in other heating applications, like power generation. The waste heat recovery boiler is used by factories that produce steel, cement, non-ferrous metals and chemicals, like ethylene, ammonia, sulfuric acid, and nitric acid.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/waste-heat-recovery-boiler-market/requestsample

Market Trends

The need for enhanced energy-efficient industrial processes is the primary factor driving the waste heat recovery boiler market. The significant growth in the power, oil, and gas industries has also escalated the demand for these boilers as they are utilized for removing heat from a process fluid that needs to be cooled down for transportation or storage. Furthermore, the growing demand for continuous electricity supply has encouraged governments to increase investments in cleaner technologies, such as waste heat recovery boilers, which emit minimal greenhouse gases. These factors are expected to have a positive impact on the growth of the market.

The report has segmented on the basis of type, waste heat temperature, waste heat source, end-use industry and region

Breakup by Type:

  • Water Tube Boiler
  • Fire Tube Boiler
     

Breakup by Waste Heat Temperature:

  • Medium Temperature
  • High Temperature
  • Ultra-High Temperature
     

Breakup by Waste Heat Source:

  • Oil Engine Exhaust
  • Gas Engine Exhaust
  • Gas Turbine Exhaust
  • Incinerator Exit Gases
  • Others
     

Breakup by Orientation:

  • Horizontal
  • Vertical

For more information about this report: https://www.imarcgroup.com/waste-heat-recovery-boiler-market
 

Breakup by End-Use Industry:

  • Power Generation Utilities
  • Oil & Gas
  • Chemical
  • Primary Metals
  • Others
     

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Alfa Laval, Amec Foster Wheeler, Robert Bosch, Forbes Marshall, General Electric, Nooter/Eriksen, Siemens, Thermax, Thyssenkrupp, Viessmann, Zhengzhou Boiler, etc.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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