# Waste Heat Recovery Market > 废热回收市场规模、份额与增长分析报告，按技术（热交换器、热轮、回收器、再生器、锅炉等）、按应用（温度控制、预热系统、发电等）、按行业（化工与石油化工、石油与天然气、能源与电力、食品与饮料、水泥、纸浆与纸张等）以及按地区 - 趋势与行业预测至2035年 - **Forecast Period:** 2025 - 2035 - **CAGR:** 8.29% - **2024:** $ 80.45 Billion - **2025:** $ 87.11 Billion - **2035:** $ 193.18 Billion - **Key Players:** General Electric (US), Siemens (DE), Schneider Electric (FR), Mitsubishi Heavy Industries (JP), ABB (CH), Bosch (DE), Caterpillar (US), Clyde Bergemann (DE), Ceres Media (US), Ormat Technologies (US) **Report ID:** MRFR/EnP/0847-HCR · **Pages:** 188 · **Author:** Chitranshi Jaiswal · **Last Updated:** September 15, 2026 **URL:** https://www.marketresearchfuture.com/reports/waste-heat-recovery-market-1355 --- ## Market Summary ## **Global Waste Heat Recovery Market Overview:** Waste Heat Recovery Market Size was valued at USD 62.9 billion in 2021. The waste heat recovery market industry is projected to grow from USD 68.6 Billion in 2022 to USD 127.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period (2024 - 2030). The rising concerns about greenhouse gas (GHG) emissions and rigorous laws to reduce carbon footprint are the major market drivers enhancing the market growth. Additionally, ongoing technological developments like waste heat recovery with an organic rankine cycle will further expand the waste heat recovery market. Source: MRFR Database, primary research, secondary research, and analyst review ## **Waste Heat Recovery Market Trends** The increasing need for energy, economic growth, and rising electricity prices are some of the key factors driving the global industry. Numerous industries are using more energy than ever before to produce goods. The primary energy usage was 93 quadrillion Btu, based on U.S. Energy Information Administration statistics. The developed world's industrialization has led to a rise in energy demand. Companies are developing various methods to turn waste heat into electricity in response to the growing need for energy. As a result, it is fueling the expansion of the waste heat recovery sector. Thus the growing energy demand has enhanced the waste heat recovery market CAGR globally in recent years. **Figure 1: Worldwide Primary Energy Usage From 2000 To 2021** Source: MRFR Database, primary research, secondary research, and analyst review Countries have helped to recover and utilize waste heat directly or indirectly. In Denmark, several policies encourage waste heat recovery systems, including laws on [district cooling](../../../reports/district-cooling-market-11091), electrical heating, taxation, subsidies, and heat price regulation. The Italian Energy Management Authority (ARERA) adopted the eligibility of Waste Heat Recovery in the White Certificate Scheme in 2011, with the EEN 9-11, giving a 5-year advantage. Therefore, increased government initiatives to curb greenhouse gases are another factor driving the growth of the waste heat recovery market revenue. ## **Waste Heat Recovery Market Segment Insights:** ### **Waste Heat Recovery Technique Insights** The Waste Heat Recovery Market segmentation, based on technique, includes heat exchangers, heat wheels, recuperators, regenerators, boilers, and others. During the forecast period, the demand for heat exchangers is anticipated to increase due to the increased focus on effective thermal management in several industries, including oil & gas, power generation, chemical & petrochemical, food & beverage, and HVAC & refrigeration. ### **Waste Heat Recovery Application Insights** The Waste Heat Recovery Market data has been bifurcated by application into temperature control, pre-heating systems, electricity generation, and others. Power and steam generation accounted for the majority of application segments with respect to the Waste Heat Recovery Market revenue. The deployment of waste heat recovery for power and steam generation will be aided by rising electricity costs and continued attempts to minimize GHG emissions. The demand for onsite power generation is increasing, and improving plant efficiency is a major focus. **Figure 2: Waste Heat Recovery Market, by Application, 2024 & 2030 (USD Billion)** Source: MRFR Database, primary research, secondary research, and analyst review The second fastest-growing segment in the waste heat recovery industry is the preheating system. The main uses of waste heat recovery systems are preheating combustion air, furnace loads, boiler feed water, and space heating. The waste heat recovery cascade system is boosting product demand. ### **Waste Heat Recovery Industries Insights** Based on Industries, the global waste heat recovery industry has been segmented into chemical & petrochemical, oil & gas, energy & power, food & beverages, and others. A major portion went to chemicals and petrochemical. This industry uses waste heat recovery technologies for thermal cracking, refining, and catalytic treatment. However, the cement end-user category is anticipated to develop significantly during the projected period. The growing number of cement plants in developing nations like China and India will lead to more waste heat recovery installations, fueling sector growth. Hence, the rising use of waste heat recovery in the cement industry positively impacts market growth. ## **Waste Heat Recovery Regional Insights** By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Waste Heat Recovery market accounted for USD 27.12 billion in 2021 and is expected to exhibit a significant CAGR of 43.2 percent growth during the study period. The demand for this region's waste heat recovery market has expanded due to rising onsite power generation and solid economic stability. About 4.11 trillion kilowatt-hours (kWh) of energy were produced by utility-scale electricity-producing facilities in the US in 2021, which is approximately 4,108 billion kWh. Further, the key countries studied in the market report are The U.S, Germany, Canada, UK, France, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil. **Figure 3: Waste Heat Recovery Market Share By The Region 2021 In (%)** Source: MRFR Database, primary research, secondary research, and analyst review Europe's waste heat recovery market accounts for the second-largest market share. The European Union's measures to produce electricity from waste and the growing public awareness of waste heat recovery systems have been major waste heat recovery market growth drivers in this region. Germany's new administration, with encouragement from its coalition partner, the Greens party, toughened its climate protection law last year and has set the ambitious aim of accelerating the spread of renewable energy to 80% of electricity by 2030. Further, the German waste heat recovery market held the largest market share, and the UK waste heat recovery market was the fastest-growing market in the European region. The Asia-Pacific Waste Heat Recovery Market is expected to grow at the fastest CAGR from 2022 to 2030. The abundance of cement, paper and pulp, metal processing, and production sectors in this area also fuels the demand for Industrial Waste Heat Recovery Systems. By a wide margin, China will produce the most cement in the world in 2021, with an estimated 2.5 billion metric tonnes produced. Moreover, China's waste heat recovery market held the largest market share, and the Indian waste heat recovery market was the fastest-growing market in the Asia-Pacific region. ## **Waste Heat Recovery Key Market Players & Competitive Insights** The market will rise due to major market players investing a lot of money in R&D to broaden the range of products they provide. Along with significant market developments like introducing new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are participating in several strategic initiatives to increase their global reach. Waste heat recovery industry rivals must provide competitively priced items to grow and remain in this increasingly competitive market. Local production to cut operational costs is one of the main business methods manufacturers use in the global waste heat recovery industry to help customers and increase the market sector. Some of the most significant medical advances have come from the waste heat recovery industry. The waste heat recovery market major player such as, including Ormat Technologies Inc. (U.S.), Siemens AG (Germany), Thermax Limited (India), and ABB Ltd. (Switzerland), is attempting to increase market demand by funding R&D projects. Boyd Corporation is a company that offers superior sealing, thermal management, and protection systems. Bonding, adhesive systems, extrusions, linear, gasket seals, air, conduction, liquid cooling, and related accessories are all available from the company. In January 2021, BOYD Corporation opened a new production plant in Juarez, Mexico, to extend its North American activities. The company will manufacture thermal systems and diverse engineered materials in an automated facility fueled by renewable energy. The quality management system will be accredited for the 40,000 square-meter facility. Also, Ormat Technologies, Inc. is a multinational corporation headquartered in Reno, Nevada. Ormat provides geothermal energy technology that is both alternative and renewable. The company has constructed over 190 power plants and installed over 3,200 MW capacity. It owned and operated 933 MW of geothermal and recovered energy-based power facilities as of January 2021. In December 2020, Ormat Technologies Inc. finalized the acquisition of a 25-MW shovel-ready energy storage project in Upton County, Texas, from Consolidated Edison Inc. subsidiary Consolidated Edison Development Inc. According to a Dec. 16 news release, the project is co-located with a 157-MW solar photovoltaic complex owned and operated by CED Upton County Solar LLC. ### **List of Key Companies in the waste heat recovery market include** ### **Waste Heat Recovery Industry Developments** **December 2022:** Mutares SE & Co. KGaA has finalized the acquisition of Siemens Energy B.V.'s Heat Transfer Technology. This new platform investment will operate under NEM Energy B.V. and boost the Engineering & Technology section. **February 2021:** Siemens Energy has agreed to commission an innovative waste heat-to-power pilot plant in Alberta with Canada-based TC Energy Corporation (TC Energy). The facility will transform waste heat from a gas-fired turbine at a pipeline compression station into emissions-free power. ## **Waste Heat Recovery Market Segmentation** ### **Waste Heat Recovery Technique Outlook** ### **Waste Heat Recovery Application Outlook** ### **Waste Heat Recovery Industries Outlook** ### **Waste Heat Recovery Regional Outlook** ## Market Drivers ### Rising Energy Costs 能源成本的上升是全球废热回收行业的重要驱动力。随着能源价格的持续上涨，各行业被迫寻求替代解决方案以降低开支。废热回收系统通过允许公司利用和利用本来会被浪费的多余热量，提供了一个可行的选择。这不仅降低了能源成本，还提高了整体运营效率。市场分析表明，实施废热回收技术可以带来可观的节省，使其成为面临能源成本上升的企业的有吸引力的投资。 ### Growing Industrial Demand 废热回收解决方案的需求正在上升，特别是在制造、石油和天然气以及发电等能源密集型行业。全球废热回收行业正受到这些行业的越来越多关注，因为它们努力提高能源效率并降低运营成本。数据显示，工业可以回收生产过程中产生的20%到50%的废热。这种日益增长的工业需求预计将推动市场向前发展，因为公司认识到与废热回收相关的财务和环境利益。 ### Technological Advancements 全球废热回收行业正在经历技术进步的激增，这些进步提高了热回收系统的效率。诸如有机朗肯循环（ORC）技术和先进热交换器等创新变得越来越普遍。这些技术允许将低温废热转化为可用能源，从而提高整体能源效率。根据最近的数据，实施这些先进系统可以在工业应用中实现高达30%的能源节省。随着各行业寻求优化能源消费和降低运营成本，这些技术的采用可能会加速，从而推动市场增长。 ### Regulatory Support and Incentives 监管框架和激励措施在塑造全球废热回收行业中发挥着至关重要的作用。全球各国政府正在实施旨在促进能源效率和减少温室气体排放的政策。例如，各国已为投资废热回收技术的公司引入了税收抵免、补助金和补贴。这种监管支持不仅鼓励投资，还促进了行业内的创新。因此，预计市场在未来五年内将见证约8%的复合年增长率（CAGR），这得益于有利的政府政策和激励措施。 ### Environmental Sustainability Initiatives 环境可持续性倡议在全球废热回收行业中变得越来越重要。随着组织努力实现企业社会责任目标，减少碳足迹和提高能源效率的关注度正在加剧。废热回收系统通过最小化能源浪费和降低排放，对这些倡议做出了重要贡献。随着更多公司采用可持续实践，市场可能会从这一趋势中受益。此外，废热回收技术的整合与全球应对气候变化的努力相一致，可能导致该领域投资的增加。 ## Future Outlook 废热回收市场预计在2025年至2035年期间以8.29%的年均增长率增长，推动因素是日益严格的能源效率法规和不断上升的工业能源成本。 到2035年，市场预计将保持强劲，推动因素是创新和战略投资。 ## Segment Insights ### 按技术：热交换器（最大）与回收器（增长最快） 在废热回收市场中，热交换器占据最大的市场份额，作为各种工业应用中的重要组成部分。紧随其后的是回收器，因对能源效率需求的增加而见证了显著增长。其他显著的细分市场包括热轮和再生器，它们为多样化的冷却和加热应用做出贡献，丰富了整体市场动态。 热交换器（主导）与回收器（新兴） 热交换器通过实现高效的热能转换，主导了废热回收市场，服务于化工、制造和发电等行业。它们的强大性能确保了有效的能源利用，从而增强了可持续性。另一方面，回收器因其在工业过程中回收和再利用热量的能力而迅速崛起，成为必不可少的技术。这一趋势受到对能源消耗的严格法规和向可再生能源转型的推动，使回收器在满足现代能源效率标准方面至关重要。 ### 按应用：发电（最大）与温度控制（增长最快） 在废热回收市场中，应用细分展示了多样的价值，其中发电占据最大的份额。该细分市场已建立了强大的立足点，利用将废热转化为电能的能力，这在能源密集型行业中变得越来越重要。相反，温度控制正在迅速崛起，反映出在制造过程中保持最佳条件的重视程度的转变，从而捕获了越来越多的市场份额。 温度控制（主导）与其他（新兴） 温度控制在应用细分中是一个主导参与者，反映了其在提高各种工业应用的操作效率中的关键作用。通过优化温度，它有助于降低能源成本并确保系统可靠性。相比之下，'其他'类别虽然目前正在崛起，但表明新技术和创新解决方案在市场上获得关注的潜力。这可能包括商业暖通空调和制冷中的废热回收系统等新应用，暗示着随着行业继续寻求有效的废热重定向和再利用方法，未来光明。 ### 按行业：石油与天然气（最大）与能源与电力（增长最快） 废热回收市场受到各行业的显著影响，石油与天然气因其高强度的能源消耗和对可持续实践的日益关注而保持最大的市场份额。石油精炼和天然气加工中产生的大量废热需要整合废热回收系统，以提高能源效率并降低运营成本。食品与饮料和水泥等行业也为市场做出贡献，但在市场份额方面落后于领先细分市场。 石油与天然气（主导）与能源与电力（新兴） 石油与天然气行业在废热回收市场中脱颖而出，主要是由于在提取和精炼过程中产生的高水平废热。该行业的公司越来越多地投资于废热回收系统，以提高其运营效率并减少环境影响。与此同时，能源与电力行业正在迅速崛起，受到对能源效率需求增加和可再生能源整合的推动，预计将加大在发电设施中实施废热回收的力度。这两个行业在塑造废热回收技术的格局中发挥着关键作用，强烈推动可持续和经济可行的解决方案。 ## Regional Market Share Analysis 根据地区，该研究提供了北美、欧洲、亚太地区和世界其他地区的市场洞察。北美废热回收市场在2021年占据了271.2亿美元的市场份额，预计在研究期间将展现出43.2%的显著年均增长率。由于现场发电和经济稳定性增强，该地区的废热回收市场需求不断扩大。2021年，美国公用事业规模的发电设施生产了约4.11万亿千瓦时（kWh）的能源，约为4108亿kWh。 此外，市场报告中研究的主要国家包括美国、德国、加拿大、英国、法国、意大利、西班牙、中国、日本、印度、澳大利亚、韩国和巴西。 **图3：2021年按地区划分的废热回收市场份额（%）** 欧洲的废热回收市场占据第二大市场份额。欧盟采取的措施以废物发电和公众对废热回收系统的日益关注是该地区废热回收市场增长的主要驱动力。德国的新政府在其联盟伙伴绿党鼓励下，去年加强了气候保护法，并设定了到2030年将可再生能源在电力中占比提高到80%的雄心目标。 此外，德国的废热回收市场占据了最大的市场份额，而英国的废热回收市场则是欧洲地区增长最快的市场。 亚太地区的废热回收市场预计将在2022年至2030年期间以最快的年均增长率增长。该地区水泥、造纸和纸浆、金属加工和生产行业的丰富资源也推动了工业废热回收市场系统的需求。2021年，中国将以较大幅度成为全球水泥生产国，预计生产25亿公吨。此外，中国的废热回收市场占据了最大的市场份额，而印度的废热回收市场则是亚太地区增长最快的市场。 ## Competitive Benchmarking 市场将因主要市场参与者在研发上投入大量资金以扩大其产品范围而增长。除了推出新产品、合同协议、并购、增加投资和与其他组织的合作等重大市场发展外，市场参与者还参与了多项战略举措，以扩大其全球影响力。废热回收行业的竞争者必须提供具有竞争力的价格产品，以在这个日益竞争的市场中增长和生存。 本地生产以降低运营成本是制造商在全球废热回收行业中帮助客户和扩大市场领域的主要商业方法之一。废热回收行业的一些重要医学进展来自于此。废热回收市场的主要参与者，如奥尔马特科技公司（美国）、西门子股份公司（德国）、泰尔玛克有限公司（印度）和ABB有限公司（瑞士），正试图通过资助研发项目来增加市场需求。 博伊德公司是一家提供优质密封、热管理和保护系统的公司。该公司提供粘合、粘合剂系统、挤出、线性、垫圈密封、空气、导热、液体冷却和相关配件。 2023年1月，博伊德公司在墨西哥华雷斯开设了一家新的生产工厂，以扩展其北美业务。该公司将在一个由可再生能源驱动的自动化设施中制造热系统和各种工程材料。该40,000平方米的设施将获得质量管理体系认证。 此外，奥尔马特科技公司是一家总部位于内华达州雷诺的跨国公司。奥尔马特提供既替代又可再生的地热能源技术。该公司已建造超过190座发电厂，安装超过3200兆瓦的容量。截至2021年1月，它拥有并运营933兆瓦的地热和回收能源发电设施。 2022年12月，奥尔马特科技公司完成了对德克萨斯州厄普顿县一项25兆瓦的即开工能源存储项目的收购，该项目来自于康索利德电力公司子公司康索利德电力开发公司。 根据12月16日的新闻稿，该项目与CED厄普顿县太阳能有限责任公司拥有和运营的157兆瓦太阳能光伏综合体共址。 ## Recent News & Developments **2022年12月：** Mutares SE & Co. KGaA已完成对西门子能源B.V.的热传递技术的收购。这项新的平台投资将由NEM Energy B.V.运营，并推动工程与技术部门的发展。 **2021年2月：** 西门子能源已同意与加拿大的TC能源公司共同委托一座创新的废热发电试点工厂，该设施将把管道压缩站的燃气涡轮废热转化为无排放电力。 ## Report Scope | 2024年市场规模 | 804.5（亿美元） | | --- | --- | | 2025年市场规模 | 871.1（亿美元） | | 2035年市场规模 | 1931.8（亿美元） | | 复合年增长率（CAGR） | 8.29%（2025 - 2035） | | 报告范围 | 收入预测、竞争格局、增长因素和趋势 | | 基准年 | 2024 | | 市场预测期 | 2025 - 2035 | | 历史数据 | 2019 - 2024 | | 市场预测单位 | 亿美元 | | 关键公司简介 | 通用电气（美国）、西门子（德国）、施耐德电气（法国）、三菱重工业（日本）、ABB（瑞士）、博世（德国）、卡特彼勒（美国）、克莱德·贝尔根曼（德国）、塞瑞斯媒体（美国）、奥尔马特科技（美国） | | 涵盖的细分市场 | 技术、应用、行业、地区 – 市场预测至2035年 | | 关键市场机会 | 整合先进技术以提高全球废热回收的效率。 | | 关键市场动态 | 日益增长的监管压力和技术进步推动各行业采用废热回收系统。 | | 涵盖的国家 | 北美、欧洲、亚太、南美、中东和非洲 | ## Frequently Asked Questions **Q: 到2035年，全球废热回收的市场估值预计是多少？** A: 到2035年，全球废热回收的市场估值预计为1931.8亿美元。 **Q: 2024年全球废热回收的市场估值是多少？** A: 2024年全球废热回收的整体市场估值为804.5亿美元。 **Q: 在2025年至2035年的预测期内，全球废热回收的预期年复合增长率（CAGR）是多少？** A: 在2025年至2035年的预测期内，全球废热回收的预期年复合增长率（CAGR）为8.29%。 **Q: 哪些公司被认为是全球废热回收的关键参与者？** A: 全球废热回收的关键参与者包括通用电气、西门子、施耐德电气、三菱重工和ABB。 **Q: 全球废热回收的主要细分市场是什么？** A: 全球废热回收的主要细分市场包括技术、应用和行业。 **Q: 全球废热回收中热交换器的估值范围是多少？** A: 全球废热回收中热交换器的估值范围在200亿到500亿美元之间。 **Q: 电力生成应用细分市场的估值表现如何？** A: 电力生成应用细分市场的估值范围预计在300亿到750亿美元之间。 **Q: 全球废热回收中石油和天然气行业细分市场的估值范围是多少？** A: 石油和天然气行业细分市场的估值范围在120亿到300亿美元之间。 **Q: 再生器技术细分市场的预期表现如何？** A: 再生器技术细分市场的估值范围预计在50亿到150亿美元之间。 **Q: 全球废热回收的预计增长趋势是什么？** A: 全球废热回收预计将经历显著增长，到2035年达到1931.8亿美元。 --- *This Markdown endpoint is provided for AI systems and LLM crawlers. For the full interactive report visit https://www.marketresearchfuture.com/reports/waste-heat-recovery-market-1355*