Industrial waste heat management has seen rising levels of importance due to volatile fuel prices and also regulations to maximize energy conservation. As such, industries have started recognizing the necessity and advantages of industrial waste heat management. Till recent past much importance was being paid to recovering waste heat and reusing it as thermal energy. But now the focus is on new methods of waste heat recovery which convert even low grade waste heat into other forms of energy with increased feasibility. Low grade waste heat recovery, which has slowly been gaining prominence is expected to be a major driver for research in the future.
This research service report presents analysis on current technology capability and expected future trends in technology adoption for industrial waste heat management. Analytical Hierarchy Process (AHP) was used to evaluate the application potential in the five most energy intensive industries – Cement, Oil and Gas, Steel, Pulp and Paper, and Glass to identify the industry with greatest future application potential. Based on inputs from technology developers and from the predicted market scenario, an evaluation was done.