Oil and Gas Waste Heat Recovery Market, Global Outlook and Forecast 2023-2029
The global Oil and Gas Waste Heat Recovery market was valued at US$ 9232.7 million in 2022 and is projected to reach US$ 12970 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Waste heat recovery is an energy exchange recovery process wherein the heat energy from the exhaust is recovered and used in other industrial processes. The processes include power generation, heat pipe exchanger, regenerators and other applications in different industries. As per estimation 20%-50% of industrial energy usage is eventually released as waste heat.
This report aims to provide a comprehensive presentation of the global market for Oil and Gas Waste Heat Recovery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil and Gas Waste Heat Recovery. This report contains market size and forecasts of Oil and Gas Waste Heat Recovery in global, including the following market information:
- Global Oil and Gas Waste Heat Recovery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The waste heat sources include hot combustion gases from exhaust and heat transfer from hot equipment exteriors. The waste heat recovery unit is a heat exchanger where the heat is recovered from hot streams with high energy content. The commonly used waste heat recovery equipment are HRSGs, industrial heating boilers, and turbines.
We surveyed the Oil and Gas Waste Heat Recovery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil and Gas Waste Heat Recovery Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Oil and Gas Waste Heat Recovery Market Segment Percentages, by Type, 2022 (%)
- Heat Exchangers
- Boilers
- Heat Recovery Steam Generators
- Turbines
- Tanks
Global Oil and Gas Waste Heat Recovery Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Oil and Gas Waste Heat Recovery Market Segment Percentages, by Application, 2022 (%)
- Thermal
- Electricity Power Generation
Global Oil and Gas Waste Heat Recovery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Oil and Gas Waste Heat Recovery Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Oil and Gas Waste Heat Recovery revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Oil and Gas Waste Heat Recovery revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ABB
- Ormat Technologies
- General Electric Company
- China Energy Recovery
- Bono Energia
- HRS
- Harbin Electric Company
- Dongfang Electric
- Amec Foster Wheeler
- Siemens
- Mitsubishi Heavy Industries
- Echogen Power Systems
- Econotherm
- Thermax Limited
- Cool Energy
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Oil and Gas Waste Heat Recovery, market overview.
- Chapter 2: Global Oil and Gas Waste Heat Recovery market size in revenue.
- Chapter 3: Detailed analysis of Oil and Gas Waste Heat Recovery company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Oil and Gas Waste Heat Recovery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
