DUBLIN--(BUSINESS WIRE)--The "Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil/Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The waste heat boiler market is projected to grow from an estimated USD 5.80 billion in 2018 to USD 8.04 billion by 2023, at a CAGR of 6.72% from 2018 to 2023
Increasing investments in the construction sector, infrastructure development, and power generation in emerging economies and the growth of industries, such as utilities and manufacturing, are driving the market for waste heat boiler across the world. Space availability constraint and temperature and pressure constraints regarding material strength in the boiler would be the restraints for this market.
The industries segment of the global waste heat boiler market is expected to hold the largest share of the waste heat boiler market during the forecast period. This can be attributed to the increasing investments in oil & gas industry in the developing countries of Asia Pacific and Middle East & Africa. The use of waste heat boiler in industries sectors, such as Oil & Gas, Chemical, Primary Metal and Non-metallic minerals, is increasing as the energy prices are increasing globally.
Asia Pacific is the largest market for waste heat boiler, followed by North America and Europe. Increasing investment in power sector, aging infrastructure, and increasing efforts to reduce global GHG emissions would boost the demand for waste heat boiler. Furthermore, rising energy & electricity prices in emerging economies is driving the waste heat boiler market in Asia Pacific.
The leading players in the waste heat boiler market are General Electric (US), Siemens (Germany), Thermax (India), CMI Group (Belgium), Amec Foster Wheeler (UK), and Nooter/Eriksen (US).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Waste Heat Boiler Market, By Waste Heat Source
7 Waste Heat Boiler Market, By Waste Heat Temperature
10 Waste Heat Boiler Market, By Region
11 Competitive Landscape
12 Company Profiles
- Alfa Laval
- Forbes Marshall
- AMEC Foster Wheeler
- Zhengzhou Boiler
For more information about this report visit https://www.researchandmarkets.com/research/328mns/5_8_bn_waste?w=4