Waste heat recovery systems are one of the most cost-effective ways to reduce fuel demand while increasing the overall efficiency of oil and gas exploration and production plants. Large amounts of fuel, such as coal, oil and gas, used to generate power through conventional power plants, are wasted due to the limitations of the power conversion process. Exhaust gases emitted from various processes in oil and gas plants represent a large amount of energy, which is called waste heat. Industrial processes often produce enough waste energy to produce electricity. Waste heat recovery units (WHRUs) or thermal power units can use ORC (Organic Rankine Cycle) to recover waste heat and convert it to electricity.
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The Major players reported in the market include:
Amec Foster Wheeler
China Energy Recovery
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All major exhaust streams with temperatures above 3000F have significant potential for significant waste heat recovery. Waste heat temperatures can vary greatly with regard to allowing heat transfer and recovery. The waste heat source temperature should be higher than the heat sink temperature.
The global oil and gas waste heat recovery market is broken down by sector, application, equipment, end user and region. By segment, markets are divided into upstream, midstream, and downstream.
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The study objectives are:
To analyze and research the global Waste Heat Recovery in the Oil and Gas status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Waste Heat Recovery in the Oil and Gas manufacturers, capacity, production, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Waste Heat Recovery in the Oil and Gas are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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