PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1536022
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1536022
Europe Waste Heat Recovery Systems Market Size By Application (Pre-Heating, Electricity & Steam Generation), By Temperature (<230 °C, 230 °C -650 °C, >650 °C), By End-Use & Forecast, 2024 - 2032
Europe Waste Heat Recovery Systems Market will depict a 6.9% CAGR from 2024 to 2032, driven by the burgeoning pulp and paper industry. According to the European Commission, the demand for sustainable and energy-efficient solutions in industrial processes is rising. Waste heat recovery systems enhance energy efficiency by capturing and reusing heat from industrial processes. The pulp and paper industry, known for its energy-intensive operations, increasingly adopts these systems to reduce operational costs and environmental impact, driving market growth.
The overall Europe Waste Heat Recovery Systems Industry is categorized based on end use, application, temperature, and country.
The pre-heating segment is poised for substantial growth over 2024-2032. Industries are increasingly implementing pre-heating applications to optimize energy use and improve overall efficiency. By utilizing waste heat for pre-heating purposes, companies can significantly reduce fuel consumption and emissions. The rising focus on sustainability and energy efficiency across various industries propels the adoption of pre-heating waste heat recovery systems.
The chemical segment could emerge as a prominent end-user in the Europe waste heat recovery market by 2032, favored by stringent environmental regulations and the need for energy efficiency. Increasing operational costs and the drive to reduce carbon emissions compel chemical manufacturers to optimize energy use. Additionally, advancements in waste heat recovery technologies enhance system efficiency, making them more attractive. Financial incentives and government support for sustainable practices further boost adoption. These factors collectively support the integration of waste heat recovery systems, helping the chemical sector achieve economic and environmental sustainability.
Spain waste heat recovery systems market will drive notable gains throughout 2024-2032. The country's strong emphasis on renewable energy and sustainability initiatives fosters a favorable environment for market expansion. Government incentives and regulations promoting energy efficiency further support the adoption of waste heat recovery systems. Additionally, Spain's robust industrial sector and commitment to reducing carbon emissions contribute to the market's growth, positioning the country as a key player in the Europe waste heat recovery systems market.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data Collection methods
- 1.2 Base estimates & calculations
- 1.2.1 Base year calculations
- 1.2.2 Key trends for market estimation
- 1.3 Forecast model
- 1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
Chapter 2 Europe Waste Heat Recovery Systems Industry Insights
- 2.1 Industry ecosystem analysis
- 2.2 Regulatory landscape
- 2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls & challenges
- 2.4 Growth potential analysis
- 2.5 Porter's Analysis
- 2.5.1 Bargaining power of suppliers
- 2.5.2 Bargaining power of buyers
- 2.5.3 Threat of new entrants
- 2.5.4 Threat of substitutes
- 2.6 PESTEL Analysis
Chapter 3 Competitive landscape, 2023
- 3.1 Introduction
- 3.2 Strategic dashboard
- 3.3 Innovation & sustainability landscape
Chapter 4 Market Size and Forecast, By Application, 2021 - 2032 (USD Billion)
- 4.1 Key trends
- 4.2 Pre-Heating
- 4.3 Electricity & Steam generation
- 4.3.1 Steam rankine cycle
- 4.3.2 Organic rankine cycle
- 4.3.3 Kalina cycle
- 4.4 Other
Chapter 5 Market Size and Forecast, By Temperature, 2021 - 2032 (USD Billion)
- 5.1 Key trends
- 5.2 <230 °C
- 5.3 230°C - 650 °C
- 5.4 >650 °C
Chapter 6 Market Size and Forecast, By End Use, 2021 - 2032 (USD Billion)
- 6.1 Key trends
- 6.2 Petroleum refining
- 6.3 Cement
- 6.4 Heavy metal manufacturing
- 6.5 Chemical
- 6.6 Pulp & Paper
- 6.7 Food & Beverage
- 6.8 Glass
- 6.9 Other manufacturing
Chapter 7 Market Size and Forecast, By Country, 2021 - 2032 (USD Billion)
- 7.1 Key trends
- 7.2 Germany
- 7.3 UK
- 7.4 France
- 7.5 Italy
- 7.6 Spain
Chapter 8 Company Profiles
- 8.1 BIHL
- 8.2 AURA
- 8.3 Bosch Industriekessel GmbH
- 8.4 Climeon
- 8.5 Cochran
- 8.6 Durr Group
- 8.7 EXERGY INTERNATIONAL SRL
- 8.8 Forbes Marshall
- 8.9 Fortum
- 8.10 General Electric
- 8.11 HRS
- 8.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
- 8.13 Ormat
- 8.14 Orcan Energy
- 8.15 Promec Engineering
- 8.16 Siemens Energy
- 8.17 Sofinter S.p.a
- 8.18 Viessman
