Global Waste Heat Recovery Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

Waste heat recovery systems are used for recycling heat from streams of high energy content produced in several refining procedures in industrial sectors such as petroleum, chemicals, paper and pulp, and automotive. Due to rapid Industrialization, waste heat recovery systems demand is expected to increase to overcome energy concerns for various industries. Key manufacturing companies are highly accepting these systems to reduce use of conventional energy and to produce internal electricity to decrease operating costs, this trend is projected to boost the global market growth.
Major factors driving the global waste heat recovery system market are growing energy and electricity cost, improved government initiatives and stringent rules, technological developments and growing investment, and rapid industrialization. However, lack of awareness, high cost of installation and initial investment may hamper the market growth. Furthermore, Emergent economies providing high demand of waste heat recovery system would unfold with numerous growth opportunities in the forecasted years.

Market Analysis and Insights: Global Waste Heat Recovery Market
The research report studies the Waste Heat Recovery market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Waste Heat Recovery market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.

Global Waste Heat Recovery Scope and Segment
The global Waste Heat Recovery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Waste Heat Recovery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Sector
Upstream Sector Waste Heat Recovery
Midstream Sector Waste Heat Recovery
Downstream Sector Waste Heat Recovery

Segment by Application
Chemicals Industry
Petroleum Refining Industry
Paper Industry
Commercial Facilities
Food Industry
Metal Industry
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
ABB
Amec Foster Wheeler
Clean Energy Technologies
Mitsubishi Hitachi Power Systems
Siemens
Bono Energia
BORSIG
Bosch Industriekessel
Citech
ClearPower Systems
Dresser-Rand
Echogen
Forbes Marshall
Ormat Technologies
Probe Manufacturing
TESPL
THE MAERSK
Thermax Global