Benchmarking Successful Waste Heat Recovery In Oil And Gas Companies in Globally

The process that includes capturing of heat exhausted by an existing industrial process is referred to as waste heat recovery. This waste heat is used for other heating applications that include generation of power and other applications in various industries. There are several ways of recuperating waste heat from industries. It has been assessed that around 20%-50% of industrial energy use is ultimately released as waste heat. The different sources of waste heat include hot combustion gases discharge into the atmosphere and transfer of heat from hot equipment exteriors. The waste heat recovery unit is usually a heat exchanger where the heat is recuperated from hot streams with high energy content. The following are the widely used waste heat recovery equipment such as HRSGs, industrial heating boilers, and turbines.

Market Scenario:

The global waste heat recovery in oil and gas market can be classified based on product type, application, end-user and region. On the basis of product type, the global market is classified into power generation and heating applications. Depending upon application, the global waste heat recovery in oil and gas market is segmented into steam & electricity generation, preheating, and others. According to the end-user, the global market is divided into chemical, cement, paper & pulp, metal production, and petroleum refining.

Request For Free Sample Of The Report @

The global waste heat recovery in oil and gas market is expected to garner maximum revenue in the forecast period. Factors such as rise in unconventional oil and gas resources such as tight oil, CBM, shale oil, and shale gas that is in turn fuelled by the decline in the production and exploration of conventional oil reserves is propelling the growth of this market segment. However, stringent environment norms and technical challenges are expected to restrain the market growth to some extent.

Key Players:

  • Amec Foster Wheeler.
  • Dongfang Electric.
  • Harbin Electric.
  • Bono Energia.
  • China Energy Recovery.
  • Forbes Marshall.

Obtain  Details   @

Based on regions, the global waste heat recovery in oil and gas market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the global waste heat recovery in oil and gas market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the global waste heat recovery in oil and gas market.

If  you have any special requirements, please let us know and we will offer you the report as you want.

About Us

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact Us

Xpodence Research

USA Office

244 , Madison Avenue

New York City, NY – 10016

United States

Toll Free +1- 844-445-2861

Email :

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Designed by
Powered by