Waste Heat Boiler Market Size By Waste Heat Source, By End-User, By Geographic Scope And Forecast


Posted February 10, 2020 by jennysmith

Waste Heat Boiler market was valued at USD 5.75 Billion in 2018 and is projected to reach USD 9.71 Billion by 2026, growing at a CAGR of 6.45% from 2019 to 2026.

 
Waste Heat Boiler Market Size And Forecast
According to Verified Market Research, Global Waste Heat Boiler market was valued at USD 5.75 Billion in 2018 and is projected to reach USD 9.71 Billion by 2026, growing at a CAGR of 6.45% from 2019 to 2026.

Global Waste Heat Boiler Market: Scope of the Report
This report provides an all-inclusive environment of the analysis for the Global Waste Heat Boiler Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Waste Heat Boiler Market growth

Along with the market overview, which comprises of the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Global Waste Heat Boiler Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Waste Heat Boiler Market.

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What is Waste Heat Boiler?
Waste heat boilers utilize the heat in flue gases from combustion processes or hot waste air flows from industrial processes to cool high-temperature process gas and to generate low-pressure steam. With the use of heat recovery or waste heat boiler heating efficiency can be increased, resulting in lower fuel use and reduction in carbon emission. This type of boilers is generally seen on ethylene & ammonia plants, and sulfuric acid & nitric acid plants. The waste heat boiler eliminated the need for pumps, filters, fans, and other accessories since it is a combination of the shell-and-tube heat exchanger and a firetube boiler.

Global Waste Heat Boiler Market Outlook

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The increasing industrialization across developing countries is one of the major factors that are likely to boost demand. Furthermore, the energy costs are uprising across the world, which has obliged the industries to reduce their dependence on fossil fuels thus, technological advancements in the waste heat boilers are boosting the market opportunities. Government initiatives for the use of waste heat boiler to enhance the plant’s efficiency and reduce environmental impact is a major factor that is fueling the growth of the market. However, increasing focus on renewable energy sources, high installation cost, and space availability limitations with the use of waste heat boiler are some of the major factors that may affect the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Waste Heat Boiler Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Waste Heat Boiler Market Competitive Landscape

The “Global Waste Heat Boiler Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as General Electric., Siemens, Thermax, CMI Group, Amec Foster Wheeler, Nooter/Eriksen, Alfa Laval, Zhengzhou Boiler, Bosch, and Thyssenkrupp. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Waste Heat Boiler Market, By Waste Heat Source
• Oil Engine Exhaust
• Gas Engine Exhaust
• Gas Turbine Exhaust
• Incinerator Exit Gases
• Kiln And Furnace Gases
• Others

Global Waste Heat Boiler Market, By End-User
• Power Generation Utilities
• Oil & Gas
• Chemical
• Primary Metals
• Non-Metallic Minerals

Global Waste Heat Boiler Market, By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East & Africa

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Issued By vmr
Country United States
Categories Business , Energy , Industry
Tags waste heat boiler , waste heat boiler market , waste heat boiler market trends
Last Updated February 10, 2020