Global Waste Heat Recovery Market Size, Status and Forecast 2021-2027

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 global Waste Heat Recovery market size is projected to reach US$ XX million by 2026, from US$ XX million in 2019, at a CAGR of XX% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Waste Heat Recovery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Waste Heat Recovery market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Waste Heat Recovery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Waste Heat Recovery market.

Global Waste Heat Recovery Scope and Market Size
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 Sector and by Application in terms of revenue and forecast 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
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABB
Amec Foster Wheeler
Clean Energy Technologies
Mitsubishi Hitachi Power Systems
Siemens
Bono Energia
BORSIG
Bosch Industriekessel
Citech
Mitsubishi Hitachi Power Systems
Siemens
Echogen
Forbes Marshall
Ormat Technologies
Probe Manufacturing
TESPL