ORC Industrial Waste Heat to Power Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global ORC industrial waste heat to power market is anticipated to grow at a CAGR of 5.1% during the forecast period. One of the key factors that are boosting the market is the growing demand for clean energy. These energies are zero-emission energy which offers several benefits such as no wastage of energy, no pollution, and government support. All these factors are going to be more effective on the market as most of the governments across the globe making norms for pushing zero emission. For instance, in April 2022, European Commission presented proposals for updating and modernizing the industrial emissions directive, key legislation for helping, preventing, and controlling pollution.

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The global ORC industrial waste heat to power market is segmented based on the product, and application. Based on the product, the market is segmented into the steam rankine cycle, organic rankine cycle, and kalina cycle. Based on the application, the market is segmented into the petroleum refining, cement industry, heavy metal production, chemical industry, and others. The above-mentioned segments can be customized as per the requirements. Based on product, the organic rankine cycles segment is anticipated to grow significantly in the market owing to the availability of its technical and economically valuable solution, while, based on application, petroleum refining is anticipated to hold a significant share during the forecast period owing to the high demand for crude oil.

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  • Market Coverage

  • Market number available for – 2025-2031

  • Base year- 2025

  • Forecast period- 2025-2031

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others


Global ORC Industrial Waste Heat to Power Market Report by Segment

By Product

  • Steam Rankine Cycle

  • Organic Rankine Cycle

  • Kalina Cycle


By Application

  • Petroleum Refining

  • Cement Industry

  • Heavy Metal Production

  • Chemical Industry

  • Others (Glass industry)


Global ORC Industrial Waste Heat to Power Market Report by Region

North America

  • US

  • copyright


Europe

  • UK

  • Germany

  • Italy

  • Spain

  • France

  • Rest of Europe


Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific


Rest of the World

  • Latin America

  • Middle East & Africa


The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global ORC industrial waste heat to the power market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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