According to the latest research analysis,the global market for Waste Heat Recovery Steam System should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China Waste Heat Recovery Steam System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029. The United States Waste Heat Recovery Steam System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By segment, Petroleum Refining grew percent to account for percent of the total market sales, and Heavy Metal Production grew percent.
Waste heat refers to the sensible heat and latent heat that have not been rationally utilized in the original design in the energy-consuming devices of industrial enterprises that have been put into operation due to the limitations of history, technology, ideas and other factors. It includes waste heat of high-temperature exhaust gas, waste heat of cooling medium, waste heat of waste steam and waste water, waste heat of high-temperature products and slag, waste heat of chemical reaction, waste heat of combustible waste gas and liquid, waste heat, etc. According to the survey, the total waste heat resources of various industries account for about 17% to 67% of their total fuel consumption, and the recyclable waste heat resources are about 60% of the total waste heat resources.
This report studies and analyses global Waste Heat Recovery Steam System status and future trends, to help determine the Waste Heat Recovery Steam System market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Waste Heat Recovery Steam System, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global Waste Heat Recovery Steam System market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global Waste Heat Recovery Steam System by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China Waste Heat Recovery Steam System by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global Waste Heat Recovery Steam System key consuming regions, consumption value and demand structure
(5) Waste Heat Recovery Steam System industry chains, upstream, midstream and downstream
Understanding Market Segments by Key Players: Insights and Opportunities
ABB
MHI
Siemens
GE
Kawasaki
Ormat
Foster Wheeler
Bosch
Echogen Power Systems
EST (Wasabi)
Thermax
Understanding Market Segments by Type: A Comparative Analysis
Upstream Sector
Midstream Sector
Downstream Industry
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Petroleum Refining
Heavy Metal Production
Cement
Chemical
Others
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Uncovering Market Potential: What Our Report Includes
Chapter 1: to describe Waste Heat Recovery Steam System product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Waste Heat Recovery Steam System market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China Waste Heat Recovery Steam System market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: Waste Heat Recovery Steam System industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
1 Market Overview
1.1 Waste Heat Recovery Steam System Definition
1.2 Global Waste Heat Recovery Steam System Market Size and Forecast
1.3 China Waste Heat Recovery Steam System Market Size and Forecast
1.4 China Percentage in Global Market
1.5 Waste Heat Recovery Steam System Market Size: China VS Global Growth Rate, 2018-2029
1.6 Waste Heat Recovery Steam System Market Dynamics
1.6.1 Waste Heat Recovery Steam System Market Drivers
1.6.2 Waste Heat Recovery Steam System Market Restraints
1.6.3 Waste Heat Recovery Steam System Industry Trends
1.6.4 Waste Heat Recovery Steam System Industry Policy
2 Global Leading Players and Market Share
2.1 By Revenue of Waste Heat Recovery Steam System, Global Market Share by Company, 2018-2023
2.2 Global Waste Heat Recovery Steam System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Waste Heat Recovery Steam System Concentration Ratio
2.4 Global Waste Heat Recovery Steam System Mergers & Acquisitions, Expansion Plans
2.5 Global Waste Heat Recovery Steam System Major Companies Product Type
2.6 Head Office and Waste Heat Recovery Steam System Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking
3.1 By Revenue of Waste Heat Recovery Steam System, China Market Share by Company, 2018-2023
3.2 China Waste Heat Recovery Steam System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis
4.1 Waste Heat Recovery Steam System Industry Chain
4.2 Waste Heat Recovery Steam System Upstream Analysis
4.2.1 Waste Heat Recovery Steam System Core Raw Materials
4.2.2 Main Manufacturers of Waste Heat Recovery Steam System Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 Waste Heat Recovery Steam System Production Mode
4.6 Waste Heat Recovery Steam System Procurement Model
4.7 Waste Heat Recovery Steam System Industry Sales Model and Sales Channels
4.7.1 Waste Heat Recovery Steam System Sales Model
4.7.2 Waste Heat Recovery Steam System Typical Distributors
5 Sights by Type
5.1 Waste Heat Recovery Steam System Classification
5.1.1 Upstream Sector
5.1.2 Midstream Sector
5.1.3 Downstream Industry
5.2 By Type, Global Waste Heat Recovery Steam System Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global Waste Heat Recovery Steam System Consumption Value, 2018-2029
6 Sights by Application
6.1 Waste Heat Recovery Steam System Segment by Application
6.1.1 Petroleum Refining
6.1.2 Heavy Metal Production
6.1.3 Cement
6.1.4 Chemical
6.1.5 Others
6.2 By Application, Global Waste Heat Recovery Steam System Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global Waste Heat Recovery Steam System Consumption Value, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global Waste Heat Recovery Steam System Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global Waste Heat Recovery Steam System Consumption Value, 2018-2029
7.3 North America
7.3.1 North America Waste Heat Recovery Steam System & Forecasts, 2018-2029
7.3.2 By Country, North America Waste Heat Recovery Steam System Market Size Market Share
7.4 Europe
7.4.1 Europe Waste Heat Recovery Steam System Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe Waste Heat Recovery Steam System Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Waste Heat Recovery Steam System Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific Waste Heat Recovery Steam System Market Size Market Share
7.6 South America
7.6.1 South America Waste Heat Recovery Steam System Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America Waste Heat Recovery Steam System Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level
8.1 By Country, Global Waste Heat Recovery Steam System Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global Waste Heat Recovery Steam System Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. Waste Heat Recovery Steam System Market Size, 2018-2029
8.3.2 By Type, U.S. Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe Waste Heat Recovery Steam System Market Size, 2018-2029
8.4.2 By Type, Europe Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.5 China
8.5.1 China Waste Heat Recovery Steam System Market Size, 2018-2029
8.5.2 By Type, China Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan Waste Heat Recovery Steam System Market Size, 2018-2029
8.6.2 By Type, Japan Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea Waste Heat Recovery Steam System Market Size, 2018-2029
8.7.2 By Type, South Korea Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia Waste Heat Recovery Steam System Market Size, 2018-2029
8.8.2 By Type, Southeast Asia Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India Waste Heat Recovery Steam System Market Size, 2018-2029
8.9.2 By Type, India Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.10 Middle East & Africa
8.10.1 Middle East & Africa Waste Heat Recovery Steam System Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa Waste Heat Recovery Steam System Consumption Value Market Share, 2022 VS 2029
9 Company Profile
9.1 ABB
9.1.1 ABB Company Information, Head Office, Market Area and Industry Position
9.1.2 ABB Company Profile and Main Business
9.1.3 ABB Waste Heat Recovery Steam System Models, Specifications and Application
9.1.4 ABB Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.1.5 ABB Recent Developments
9.2 MHI
9.2.1 MHI Company Information, Head Office, Market Area and Industry Position
9.2.2 MHI Company Profile and Main Business
9.2.3 MHI Waste Heat Recovery Steam System Models, Specifications and Application
9.2.4 MHI Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.2.5 MHI Recent Developments
9.3 Siemens
9.3.1 Siemens Company Information, Head Office, Market Area and Industry Position
9.3.2 Siemens Company Profile and Main Business
9.3.3 Siemens Waste Heat Recovery Steam System Models, Specifications and Application
9.3.4 Siemens Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.3.5 Siemens Recent Developments
9.4 GE
9.4.1 GE Company Information, Head Office, Market Area and Industry Position
9.4.2 GE Company Profile and Main Business
9.4.3 GE Waste Heat Recovery Steam System Models, Specifications and Application
9.4.4 GE Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.4.5 GE Recent Developments
9.5 Kawasaki
9.5.1 Kawasaki Company Information, Head Office, Market Area and Industry Position
9.5.2 Kawasaki Company Profile and Main Business
9.5.3 Kawasaki Waste Heat Recovery Steam System Models, Specifications and Application
9.5.4 Kawasaki Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.5.5 Kawasaki Recent Developments
9.6 Ormat
9.6.1 Ormat Company Information, Head Office, Market Area and Industry Position
9.6.2 Ormat Company Profile and Main Business
9.6.3 Ormat Waste Heat Recovery Steam System Models, Specifications and Application
9.6.4 Ormat Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.6.5 Ormat Recent Developments
9.7 Foster Wheeler
9.7.1 Foster Wheeler Company Information, Head Office, Market Area and Industry Position
9.7.2 Foster Wheeler Company Profile and Main Business
9.7.3 Foster Wheeler Waste Heat Recovery Steam System Models, Specifications and Application
9.7.4 Foster Wheeler Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.7.5 Foster Wheeler Recent Developments
9.8 Bosch
9.8.1 Bosch Company Information, Head Office, Market Area and Industry Position
9.8.2 Bosch Company Profile and Main Business
9.8.3 Bosch Waste Heat Recovery Steam System Models, Specifications and Application
9.8.4 Bosch Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.8.5 Bosch Recent Developments
9.9 Echogen Power Systems
9.9.1 Echogen Power Systems Company Information, Head Office, Market Area and Industry Position
9.9.2 Echogen Power Systems Company Profile and Main Business
9.9.3 Echogen Power Systems Waste Heat Recovery Steam System Models, Specifications and Application
9.9.4 Echogen Power Systems Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.9.5 Echogen Power Systems Recent Developments
9.10 EST (Wasabi)
9.10.1 EST (Wasabi) Company Information, Head Office, Market Area and Industry Position
9.10.2 EST (Wasabi) Company Profile and Main Business
9.10.3 EST (Wasabi) Waste Heat Recovery Steam System Models, Specifications and Application
9.10.4 EST (Wasabi) Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.10.5 EST (Wasabi) Recent Developments
9.11 Thermax
9.11.1 Thermax Company Information, Head Office, Market Area and Industry Position
9.11.2 Thermax Company Profile and Main Business
9.11.3 Thermax Waste Heat Recovery Steam System Models, Specifications and Application
9.11.4 Thermax Waste Heat Recovery Steam System Revenue and Gross Margin, 2018-2023
9.11.5 Thermax Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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