Waste Heat Recovery System Market by Application (Steam & Electricity Generation, Pre-heating, and Others), and End-Use Industry (Petroleum Refining, Metal Production, Cement, Pulp & Paper, Chemical, and Others) - Global Trends & Forecast to 2018
Increasing application of heat recovery systems in industrial processes is one of the key factors driving the Heat recovery market. Increasing industrialization in certain region is also increasing the demand in the heat recovery market. Strict government regulations are playing a pivotal part in the growth of this market.
Waste heat recovery is a process that involves the capturing of heat exhausted by an existing industrial process. This waste heat is utilized for other heating applications, including power generation and other applications in various industries. There are numerous ways of recovering waste heat from industries. It is estimated that 20-50 percent of industrial energy usage is eventually released as waste heat. The sources of waste heat mainly include discharge of hot combustion gases into the atmosphere and heat transfer from hot equipment exteriors. Waste heat recovery unit is normally a heat exchanger where the heat is recovered from hot streams with high energy content. The following are the most common waste heat recovery equipment: HRSGs, industrial heating boilers, and turbines. Get full access of the report: http://www.researchbeam.com/global-waste-heat-recovery-2015-2019-market
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Waste Heat Recovery Boiler industry development trends and marketing channels are analyzed.
Global Waste Heat Recovery System Market is estimated to reach $91.3 billion by 2024; growing at a CAGR of 8.8% from 2016 to 2024. A waste heat recovery is a process of energy recovery, that recovers heat from hot water or fluid streams with possible high energy content, including steam from cooling towers or hot flue gases from a diesel generator or even waste fluid or water from different cooling procedures such as in steel cooling.
The waste heat recovery system market is expected to witness significant growth due to strict government regulatory requirements, increasing concerns about environmental protection, rising concern for energy prices, and the reluctant use of waste heat management technologies. Concerns about rising carbon emissions and the depletion of fossil fuels are also expected to drive the market.
Global Waste Heat Recovery System Market size is projected to be valued $91 Billion by 2024; with a CAGR of 8.7% from 2017 to 2025. Waste heat recovery system is the process of collection of heat generated as a by-prod
Complete report available @ http://goo.gl/mWL0ur . The waste heat recovery market will reach $53.12 billion by 2018. Europe dominates the market, accounting for a major share of about 38% in 2012. Asia-Pacific will experience highest growth rate of 9.7% in the next five years from 2013-2018. Key regions in Asia-Pacific market are China and India which will experience the highest installations of waste heat recovery systems.
Waste Heat Recovery Market by Application (Pre-heating, Steam Generation, Electricity & Others), and Industry (Petroleum Refining, Heavy Metal, Cement, Chemical, Natural Gas Compression, Pulp/Paper Industry & Others) - Global Trends & Forecast to 2018 @ http://www.reportsnreports.com/reports/280777-waste-heat-recovery-market-by-application-pre-heating-steam-generation-electricity-others-and-industry-petroleum-refining-heavy-metal-cement-chemical-natural-gas-compression-pulp-paper-industry-others-global-trends-forecast-to-2018.html The demand for waste heat recovery systems will continue to surge with the growing requirement for energy efficiency and rising environmental concerns regarding industrial waste heat emissions. The waste heat recovery systems offer energy savings and ensure effective utilization of the waste heat operations. These are the best solutions to the concerns over increasing energy and electricity prices.
The Europe Waste Heat Recovery System (WHRS) Market, valued at $20.1 billion in 2022, is poised for substantial growth with an anticipated CAGR of 7.1% over the forecast period. As the region intensifies its focus on sustainability and carbon reduction, industries are increasingly turning to WHRS to harness otherwise wasted thermal energy from industrial processes.
WHRS can deliver up to 30 percent of a cement plant power requirement, reducing dependence on unreliable power supply, and capacity requirements for captive power.
[202 Pages Report] Waste Heat Recovery Market Report Categorizes the Global Market by Application (Steam Generation, Electricity), Industry (Cement, Petroleum Refining, and Natural Gas Compression)
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Waste Heat Recovery System is an economic method to increase the overall efficiency of the plant and, thus, to lower fuel demand. The largest sources of waste heat for most industries are exhaust and flue gases and heated air from heating systems such as high-temperature gases from burners in process heating; lower temperature gases from heat treating furnaces, dryers, and heaters; and heat from heat exchangers, cooling liquids, and gases. Check complete report @ http://www.marketintelreports.com/report/gir0045/global-waste-heat-recovery-system-market-by-manufacturers-regions-type-and-application-forecast-to-2021
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Download free PDF Sample@ https://bit.ly/2WimO2z #ChemicalsAndMaterials #Chemicals #MarketAnalysis Waste-to-Energy (WTE) or energy-from-waste (EfW) is the process of generating energy in the form of electricity and/or heat from the primary treatment of waste. WTE is a form of energy recovery. Most WTE processes produce electricity and/or heat directly through combustion, or produce a combustible fuel commodity, such as methane, methanol, ethanol or synthetic fuels.
WTE (Waste-to-Energy) or energy-from-waste (EfW) is the process of generating energy in the form of electricity and/or heat from the primary treatment of waste.
The report "Waste Heat Boiler Market by Temperature (Medium, High, Ultra High), Source (Oil Engine, Gas Engine, Gas Turbine, Incinerator, Cement Plant Kiln, Steel Plant, Glass Furnace), Orientation (Horizontal & Vertical), End-User, and Region - Global Forecast to 2023", The waste heat boiler market is expected to grow from an estimated USD 5.80 Billion in 2018 to USD 8.04 Billion by 2023, at a CAGR of 6.72% during the forecast period. The market is set to witness growth due to the increasing need for enhancing energy efficiency in industrial processes and requirement for decentralized power supply.
WTE (Waste-to-Energy) or energy-from-waste (EfW) is the process of generating energy in the form of electricity and/or heat from the primary treatment of waste. WTE is a form of energy recovery. Most WTE processes produce electricity and/or heat directly through combustion, or produce a combustible fuel commodity, such as methane, methanol, ethanol or synthetic fuels.
The report "Waste Heat Recovery System Market by Application (Preheating and Steam & Electricity Generation), End-Use Industry (Petroleum Refining, Metal Production, Cement, Chemical, Paper & Pulp, and Textile) - Global Trends & Forecasts to 2021", The market size of waste heat recovery system (WHRS) was USD 44.14 Billion in 2015, and is projected to reach USD 65.87 Billion by 2021, at a CAGR of 6.90% between 2016 and 2021. Rising energy & electricity prices coupled with stringent government regulations & incentives are expected to drive the market in the future.
Discount for Single User License US$4650 available @ http://goo.gl/0BXdpR The waste heat recovery market will reach $53.12 billion by 2018. Europe dominates the market, accounting for a major share of about 38% in 2012. Asia-Pacific will experience highest growth rate of 9.7% in the next five years from 2013-2018. Key regions in Asia-Pacific market are China and India which will experience the highest installations of waste heat recovery systems.
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