The report "Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil Engine, Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User, and Region - Global Forecast to 2023", The waste heat boiler market is expected to grow from an estimated USD 5.80 Billion in 2018 to USD 8.04 Billion by 2023, at a CAGR of 6.72% during the forecast period. The market is set to witness growth due to the increasing need for enhancing energy efficiency in industrial processes and requirement for decentralized power supply.
Browse 77 market data Tables and 28 Figures spread through 153 Pages and in-depth TOC on "Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil Engine, Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User, and Region - Global Forecast to 2023"
Early buyers will receive 10% customization on reports.
High temperature segment is expected to be the largest waste heat boiler market, by waste heat temperature, in 2018.
High Temperature segment of the waste heat boiler market, by temperature, is expected to be the largest market from 2018 to 2023. Factors such as high investment in primary metal industries and non-metallic mineral industries are driving the waste heat boiler market. Most of the process industries, including iron & steel, cement, aluminum, chemical, and refineries, produce flue gases at a high temperature range, which is driving the market for high temperature waste heat boilers.
Incinerator exit gases segment is expected to be the second fastest growing waste heat boiler market, by waste heat source, during the forecast period.
Incinerator exit gases segment is expected to be the second fastest waste heat boiler market from 2018 to 2023. This is due to various factors including increased investments in the chemical & steel plants. Increasing investments in the power generation sector and in primary metal and non-metallic minerals industries are expected to drive the incinerator exit gases segment of the waste heat boiler market.
Asia Pacific: The largest waste heat boiler market during the forecast period.
In this report, the waste heat boiler market has been analyzed with respect to five regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America. Asia Pacific is the largest waste heat boiler market, by region, during the forecast period. Rising urbanization and proliferation of electrification, demand from the construction and mining sectors, rising energy & electricity prices, and supportive government plans are expected to drive the market for waste heat boiler in this region. China, India, and Japan are the leading countries that would contribute to the growth of the waste heat boiler in Asia Pacific.
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the waste heat boiler market such as General Electric (US), Siemens (Germany), Thermax (India), CMI Group (Belgium), Amec Foster Wheeler (UK), and Nooter/Eriksen (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441