Waste Heat Recovery System Market worth 65.87 Billion USD by 2021

1
Waste Heat Recovery System Market
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.
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
2
Introduction
Waste heat recovery is the process of capturing
residual heat from an existing industrial process
and using it for other applications. Waste heat
refers to the energy generated by various
industrial processes. WHR technologies help in
reducing the costs of operating facilities by
enhancing their energy productivity. The energy
recovered during this process is widely used in
two major applications, namely, steam
electricity generation and preheating. The steam
electricity generation application segment
dominated the WHR system market in 2015. The
market in this application is also expected to
witness the CAGR between 2016 and 2021 owing to
growing demand for energy in North America,
Europe, and Asia-Pacific. The growing
construction industry in the Middle East and
Asia-Pacific countries such as China, Japan, and
India also drive the market in this segment.
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
3
(No Transcript)
4
Key Participants
Currently, market players such as ABB Ltd.
(Switzerland), Amec Foster Wheeler (U.K.), Ormat
Technologies Inc. (U.S.), General Electric Co.
(U.S.), Mitsubishi Heavy Industries Ltd. (Japan),
Echogen Power Systems Inc. (U.S.), Econotherm
Ltd. (U.K.), Thermax Limited (India), Siemens AG
(Germany), and Cool Energy Inc. (Colorado)
dominate the global WHR system market.
Speak with Analyst
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
5
On The Basis Of Region
The WHR system market is broadly segmented into
five regions, namely, North America, Europe,
Asia-Pacific, the Middle East Africa, and South
America. Europe is the largest WHR system market,
closely followed by North America, in terms of
value. Government and environmental organizations
in various countries such as the U.S. and
European Union have adopted stringent
legislations on energy saving and energy
efficiency. Even the government in developing
regions such as Asia-Pacific and South America
are formulating stringent regulations for
environment protection. These stringent energy
efficiency regulations are driving the use of
WHRS in various manufacturing-oriented
industries.
Download PDF
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
6
(No Transcript)
7
About Us
MarketsandMarkets provides quantified B2B
research on 30,000 high growth emerging
opportunities/threats which will impact 70 to
80 of worldwide companies' revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach Markets and
Markets for their pain points around revenues
decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
8
How Markets Markets is different?

• Most-detailed market segmentation in the industry
• In-depth analysis of patents and profiles of key
  market players providing a competitive landscape
• Market data for segments such as technologies,
  services applications across geographies
• High level analysis of major market segments and
  identification of opportunities.

Request for free sample report
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html
9
Thank You
Contact Us Mr. Shelly Singh MarketsandMarkets
INC. 630 Dundee Road, Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com Get 10 Discount on customization of
report.
View Full Report https//www.marketsandmarkets.c
om/Market-Reports/waste-heat-recovery-system-marke
t-202657867.html