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Waste Heat Recovery System Market by Application (Preheating and Steam & Electricity Generation), End-Use Industry (Petroleum Refining, Metal Production, Cement, Chemical, Paper & Pulp, and Textile) - Global Trends & Forecasts to 2021

Waste Heat Recovery System Market by Application (Preheating and Steam & Electricity Generation), End-Use Industry (Petroleum Refining, Metal Production, Cement, Chemical, Paper & Pulp, and Textile) - Global Trends & Forecasts to 2021

“Waste heat recovery system market to reach USD 65.87 billion by 2021”
The market size of waste heat recovery system (WHRS) is projected to reach USD 65.87 billion by 2021, at a CAGR of 6.90% between 2016 and 2021. The growing demand from major end user industries such as cement and metal production is expected to drive the market in the future. The growing construction sector is significantly driving the demand for WHR system. The high cost of these systems is a major restraint for the market.

“Steam & electricity generation application to witness the highest growth rate during forecast period”
The steam & electricity generation application is expected to witness the highest growth rate between 2016 and 2021. Steam generation from waste heat sources is crucial to several end-use industries and, hence, is a major WHRS application. The advantages of steam generation are its high heat capacity and flexibility. However, it is expensive to produce steam, if there are inefficiencies in boiler and distribution systems. The fuel consumption is greatly reduced when the steam generated from waste heat is used for industrial operations.

“Asia-Pacific to be the fastest-growing market during forecast period”
Asia-Pacific is projected to be the fastest-growing WHR system market due to the growing construction industry and industrialization in the region. The South American WHR system market is also expected to grow significantly due to the growing metal production and cement industries. North America is a significant market for WHRS, and is witnessing a moderate growth rate due to stringent energy efficiency regulations. The future growth of the industry will likely be driven by investments in chemical and petroleum refining projects, which is backed by recent boom of shale gas and oil slates in the U.S. and Canada.

Break-up of profiles of primary participants for the report
By Company Type – Tier 1–37%, Tier 2–50%, and Tier 3–13%
By Designation – C Level– 50%, Director Level–31%, and Others–19%
By Region – North America–32%, Europe–39%, Asia-Pacific–13%, the Middle East & Africa-10%, and South America-6%

The report includes company profiles of major players and recent activities undertaken in the market such as supply contracts, agreements, and partnerships & collaborations. Some of the major companies profiled in this report are ABB Ltd. (Switzerland), Amec Foster Wheeler (U.K.), Ormat Technologies Inc. (U.S.), General Electric Co. (U.S.), Mitsubishi Heavy Industries Ltd. (Japan), Echogen Power Systems Inc. (U.S.), Econotherm Ltd. (U.K.), Thermax Limited (India), Siemens AG (Germany), and Cool Energy Inc. (Colorado).

This report provides a detailed analysis of the WHR system market and segments the same on the basis application, end-use industry, and region. Based on application, the market has been segmented into preheating, steam & electricity generation, and others. Based on end-use industry, the market has been segmented as petroleum refining, metal production, cement, chemical, paper & pulp, and others. Based on region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Reasons to buy the report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the WHR system market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on WHR system offered by the top players in the market

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the WHR system market

Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for WHR system across regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the WHR system market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the WHR system market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKETS SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
      • CURRENCY
      • LIMITATION
    • STAKEHOLDER
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • KEY DATA FROM SECONDARY SOURCES
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR WHRS MANUFACTURERS
    • SIGNIFICANT GROWTH IN WHRS MARKET DUE TO GROWING DEMAND IN DEVELOPING REGIONS
    • STEAM & ELECTRICITY GENERATION DOMINATES WHRS MARKET, BY APPLICATION
    • CEMENT INDUSTRY IS A POTENTIAL MARKET FOR WHRS MANUFACTURERS
    • WHRS MARKET ATTRACTIVENESS
    • LIFE CYCLE ANALYSIS
  • MARKET OVERVIEW
    • INTRODUCTION
      • Table EXAMPLES OF WASTE HEAT SOURCES AND THEIR USES
    • MARKET SEGMENTATION
      • WHRS MARKET SEGMENTATION, BY APPLICATION
        • Table WHRS MARKET, BY APPLICATION
      • WHRS MARKET SEGMENTATION, BY END-USE INDUSTRY
        • Table WHRS MARKET, BY END-USE INDUSTRY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
    • VALUE CHAIN ANALYSIS
      • SOURCES OF WASTE HEAT RECOVERY
      • WHRS COMPONENTS/DEVICES
      • APPLICATIONS OF WASTE HEAT RECOVERED
      • END-USE INDUSTRY
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • POWER GENERATION INDUSTRY
      • CONSTRUCTION
      • MANUFACTURING
      • OIL & GAS INDUSTRY
        • Table OIL PRODUCTION, BY REGION AND COUNTRY, 2010-2014 (MILLION TON )
  • WHRS MARKET BY APPLICATION
    • INTRODUCTION
      • Table WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITY AT LOW TEMPERATURE (<230°C)
      • Table WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITY AT MEDIUM TEMPERATURE (230°C-650°C)
      • Table WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITY AT HIGH TEMPERATURE (>650°C)
      • Table WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • PREHEATING
      • Table WHRS MARKET IN PREHEATING APPLICATION, BY REGION, 2014-2021 (USD MILLION)
    • STEAM & ELECTRICITY GENERATION
      • STEAM GENERATION
      • ELECTRICITY GENERATION
        • Table WHRS MARKET IN STEAM & ELECTRICITY GENERATION APPLICATION, BY REGION, 2014-2021 (USD MILLION)
    • OTHER APPLICATIONS
      • Table WHRS MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (USD MILLION)
  • WHRS MARKET BY END-USER INDUSTRY
    • INTRODUCTION
      • Table WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • PETROLEUM REFINING
      • Table WHRS MARKET IN PETROLEUM REFINING INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
    • METAL PRODUCTION
      • Table WHRS MARKET IN METAL PRODUCTION INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
    • CEMENT
      • Table WHRS MARKET IN CEMENT INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
    • CHEMICAL
      • Table WHRS MARKET IN CHEMICAL INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
    • PAPER & PULP
      • Table WHRS MARKET IN PAPER & PULP INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table WHRS MARKET IN OTHER INDUSTRIES, BY REGION, 2014-2021 (USD MILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table WHRS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: WHRS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • U.S.
        • Table U.S.: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table U.S.: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • MEXICO
        • Table MEXICO: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: WHRS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • GERMANY
        • Table GERMANY: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table GERMANY: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • ITALY
        • Table ITALY: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table ITALY: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • FRANCE
        • Table FRANCE: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • U.K.
        • Table U.K.: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BELGIUM
        • Table BELGIUM: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • SWEDEN
        • Table SWEDEN: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • POLAND
        • Table POLAND: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • SPAIN
        • Table SPAIN: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • OTHERS
        • Table OTHERS: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: WHRS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • CHINA
        • Table CHINA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table CHINA: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • INDIA
        • Table INDIA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table INDIA: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • JAPAN
        • Table JAPAN: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • PHILIPPINES
        • Table PHILIPPINES: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • VIETNAM
        • Table VIETNAM: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • OTHERS
        • Table OTHERS: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: WHRS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • MIDDLE EAST
        • Table MIDDLE EAST: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • AFRICA
        • Table AFRICA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: WHRS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: WHRS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • OTHERS
        • Table OTHERS: WHRS MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • SUPPLY CONTRACT: THE MOST POPULAR GROWTH STRATEGY
    • COMPETITIVE SITUATIONS AND TRENDS
      • SUPPLY CONTRACT
        • Table SUPPLY CONTRACT, 2012-2016
      • AGREEMENT
        • Table AGREEMENT, 2012-2016
      • PARTNERSHIP & COLLABORATION
        • Table PARTNERSHIP & COLLABORATION, 2012-2016
      • OTHERS
        • Table OTHERS, 2012-2016
  • COMPANY PROFILES
    • ABB LTD.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AMEC FOSTER WHEELER
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORMAT TECHNOLOGIES INC.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC CO.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI HEAVY INDUSTRIES LTD.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEWS
    • SIEMENS AG
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THERMAX LIMITED
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ECHOGEN POWER SYSTEMS INC.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ECONOTHERM LTD.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COOL ENERGY, INC.
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER MANUFACTURERS OF WHRS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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