Title: Waste Heat Recovery System Market - Global Trends & Forecast to 2018
1MarketsandMarkets Presents
- Waste Heat Recovery System Market
- Global Trends Forecast to 2018
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2- Industrial waste heat recovery is the process of
capturing and reusing the waste heat and gases
arising from the industrial processes that would
be otherwise lost into the atmosphere. The waste
heat recovery techniques can reduce energy
consumption, operational costs and CO2 and
greenhouse gases emissions. - The global waste heat recovery market value is
anticipated to grow by 6.5 annually to reach
53,120 million by 2018. Major drivers for WHRS
market are growing government regulatory
requirement, increasing concern towards
environmental protection and the concern over
rising energy prices.
3-
- http//www.marketsandmarkets.com/Market-Reports/wa
ste-heat-recovery-system-market-202657867.html - The industrial sector accounts for one third of
the total energy being consumed in the society.
It is estimated that around 20-50 of industrial
energy input is lost in the environment. This
waste heat arises due to both equipment
inefficiencies and thermodynamic limitations of
the equipment and processes. Although some of the
waste heat losses from the industrial processes
are inevitable, the industrial facilities can
reduce these losses by improving their equipment
efficiency or installing waste heat recovery
technologies.
4- The major driving factor this market are the
government restrictions regarding the reduction
in the waste heat gases from the industrial
facilities. The introduction of government
incentives is also a factor for the growth of
this market. The desire of all the countries to
become energy efficient and get economic savings
will be a major factor driving the waste heat
recovery market.
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