Global Waste Heat Recovery In Oil And Gas Market | Emerging Market Trends, Size, Share and Growth Analysis 2025


Market Highlights

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.

Industry Overview

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.

Get Sample Report @

Major Industry Player’s

The major companies that provide waste heat recovery in oil and gas include Alstom, Amec Foster Wheeler, Dongfang Electric, Harbin Electric, MHPS, Bono Energia, China Energy Recovery, Forbes Marshall, and Ormat Technologies

Market Segments

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.

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.

For More Information @

About us:

Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research firms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from different market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap.

Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is beneficial for various organizations and also to the manufacturing companies in taking the best decisions for quality production.

Contact us:

Xpodence Research

244, Madison Avenue

New York City, NY – 10016

United States

Toll Free +1- 844-445-2861




Leave a Reply

Your email address will not be published.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

Designed by
Powered by