Electricity & Steam Generation Cement Waste Heat Recovery System Market Analysis

Electricity & Steam Generation Cement Waste Heat Recovery System Market Analysis

Based on technology, the SRC technology is expected to surpass USD 12.1 billion by 2032. While ORC technology is increasingly adopted due to its efficiency in converting low-temperature heat into electricity. It uses organic fluids with a lower boiling point than water, making it suitable for waste heat recovery. In addition, kalina cycle technology uses a mixture of water and ammonia, allowing more efficient heat recovery across a wider temperature range compared to traditional steam Rankine cycles.
 

The >650°C segment is expected to grow at a CAGR of over 8.5% throghh 2032, driven by the high-grade waste heat emissions from cement kilns, which are critical components in cement production processes. Additionally, well-established and widely available ORC and Kalina Cycle systems efficiently harness waste heat above 650°C, offering reliable solutions for cement manufacturers.
 

Asia Pacific electricity & steam generation cement waste heat recovery system market is projected to exceed USD 8 billion by 2032. This growth is fuelled by rapid urbanization, infrastructure development, and industrialization in countries such as China, India, and Southeast Asian nations. In addition, government regulations and incentives promoting sustainability are encouraging cement manufacturers to invest in emission reduction and energy efficiency.
 

North America's electricity & steam generation cement waste heat recovery market is gaining momentum due to sustainability goals and environmental regulations. Initiatives in the US and Canada incentivize adoption, driving technological advancements. Additionally, cement manufacturers aiming to reduce emissions and improve efficiency are increasingly adopting waste heat recovery solutions, enhancing the outlook for the waste heat recovery systems industry in North America.