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Global Waste Heat Recovery Market 2019-2023

Global Waste Heat Recovery Market 2019-2023

About this market

The increasing focus on reducing emissions and carbon footprint will trigger the growth of the market in the forthcoming years. A large amount of heat is produced from the exhaust manufacturing facilities, which is increasing the carbon footprint, thereby creating serious environmental impacts. Therefore, stringent regulations are being implemented for industrial gas emissions in various countries. Many countries are focusing on implementing emission trading system to control factors such as greenhouse gas emissions and industrial energy emissions. As a result, such initiatives are likely to increase the demand for waste heat recovery system as it is used to save fuel and reduce CO2 emissions. Technavio’s analysts have predicted that the waste heat recovery market will register a CAGR of over 6% by 2023.

Market Overview

Rise in industrialization in BRICS

One of the growth drivers of the global waste heat recovery market is the rise in industrialization in BRICS. The rise in industrialization and establishment of manufacturing plants is expected to increase manufacturing activities in developing economies, which will drive the demand for waste heat recovery system.

High implementation cost of waste heat recovery system

One of the challenges in the growth of the global waste heat recovery market is the high implementation cost of waste heat recovery system. High capital costs pose a major challenge for industrial plants to incorporate waste heat recovery systems.

For the detailed list of factors that will drive and challenge the growth of the waste heat recovery market during 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global environmental technologies market
      • Table Segments of global environmental technologies market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Chemical - Market size and forecast 2018-2023
      • Table Chemical - Market size and forecast 2018-2023 ($ billions)
      • Table Chemical - Year-over-year growth 2019-2023 (%)
    • Petroleum refining - Market size and forecast 2018-2023
      • Table Petroleum refining - Market size and forecast 2018-2023 ($ billions)
      • Table Petroleum refining - Year-over-year growth 2019-2023 (%)
    • Paper - Market size and forecast 2018-2023
      • Table Paper - Market size and forecast 2018-2023 ($ billions)
      • Table Paper - Year-over-year growth 2019-2023 (%)
    • Commercial and institutional - Market size and forecast 2018-2023
      • Table Commercial and institutional - Market size and forecast 2018-2023 ($ billions)
      • Table Commercial and institutional - Year-over-year growth 2019-2023 (%)
    • Food and beverages - Market size and forecast 2018-2023
      • Table Food and beverages - Market size and forecast 2018-2023 ($ billions)
      • Table Food and beverages - Year-over-year growth 2019-2023 (%)
    • Metal - Market size and forecast 2018-2023
      • Table Metal - Market size and forecast 2018-2023 ($ billions)
      • Table Metal - Year-over-year growth 2019-2023 (%)
    • Other end-users - Market size and forecast 2018-2023
      • Table Other end-users - Market size and forecast 2018-2023 ($ billions)
      • Table Other end-users - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advent of technologies for waste heat recovery
    • Rise in use of waste heat recovery system in combustion engine
    • Emergence of direct waste heat recovery using thermoelectric materials
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB - Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Clean Energy Technologies, Inc
      • Table Clean Energy Technologies, Inc - Vendor overview
      • Table Clean Energy Technologies, Inc - Business segments
      • Table Clean Energy Technologies, Inc - Organizational developments
      • Table Clean Energy Technologies, Inc - Segment focus
      • Table Clean Energy Technologies, Inc - Key offerings
    • John Wood Group PLC
      • Table John Wood Group PLC - Vendor overview
      • Table John Wood Group PLC - Business segments
      • Table John Wood Group PLC - Organizational developments
      • Table John Wood Group PLC - Geographic focus
      • Table John Wood Group PLC - Segment focus
      • Table John Wood Group PLC - Key offerings
    • MITSUBISHI HEAVY INDUSTRIES, LTD.
      • Table MITSUBISHI HEAVY INDUSTRIES, LTD. - Vendor overview
      • Table MITSUBISHI HEAVY INDUSTRIES, LTD. - Business segments
      • Table MITSUBISHI HEAVY INDUSTRIES, LTD. - Organizational developments
      • Table MITSUBISHI HEAVY INDUSTRIES, LTD. - Segment focus
      • Table MITSUBISHI HEAVY INDUSTRIES, LTD. - Key offerings
    • Siemens
      • Table Siemens - Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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