Waste heat recovery is an energy exchange recovery process wherein the heat energy from the exhaust is recovered and used in other industrial processes. The processes include power generation, heat pipe exchanger, regenerators and other applications in different industries. As per estimation 20%-50% of industrial energy usage is eventually released as waste heat.
The waste heat sources include hot combustion gases from exhaust and heat transfer from hot equipment exteriors. The waste heat recovery unit is a heat exchanger where the heat is recovered from hot streams with high energy content. The commonly used waste heat recovery equipment are HRSGs, industrial heating boilers, and turbines.

Market Analysis and Insights: Global Oil and Gas Waste Heat Recovery Market
The global Oil and Gas Waste Heat Recovery market size is projected to reach US$ 13190 million by 2027, from US$ 8972.9 million in 2020, at a CAGR of 5.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Oil and Gas Waste Heat Recovery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Oil and Gas Waste Heat Recovery market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Oil and Gas Waste Heat Recovery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Oil and Gas Waste Heat Recovery market.

Global Oil and Gas Waste Heat Recovery Scope and Market Size
Oil and Gas Waste Heat Recovery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Oil and Gas Waste Heat Recovery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Heat Exchangers
Boilers
Heat Recovery Steam Generators
Turbines
Tanks

Segment by Application
Thermal
Electricity Power Generation

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABB
Ormat Technologies
General Electric Company
China Energy Recovery
Bono Energia
HRS
Harbin Electric Company
Dongfang Electric
Amec Foster Wheeler
Siemens
Mitsubishi Heavy Industries
Echogen Power Systems
Econotherm
Thermax Limited
Cool Energy