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Waste Heat Recovery System Market Segmentation Overview 2016 to 2024

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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. – PowerPoint PPT presentation

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Title: Waste Heat Recovery System Market Segmentation Overview 2016 to 2024


1
Global Waste Heat Recovery System Market Growth,
Trends Forecast 2016 2024
2
Global Market Scenario of Global Waste Heat
Recovery System industry
  • Global waste heat recovery system market size is
    set to grow substantially between 2017 to 2024.
    Rising environmental concerns towards greenhouse
    gas emissions and stringent government
    regulations to diminish carbon footprint will
    positively impact the industry outlook. The
    government mandates are favoring industrial
    enterprises to implement energy efficient
    equipment, cogeneration technologies, clean coal
    and advanced energy consumption monitoring and
    control.
  • Rapid development of sustainable energy coupled
    with favorable government initiatives are likely
    to propel the waste heat recovery system (WHRS)
    market. Systems installed in China, India,
    Thailand and Pakistan were granted revenues under
    the Clean Development Mechanism program.

3
Continue.....
  • In June 2015, the U.S. Greenhouse Gas (GHG)
    Phase II was introduced to regulate the emissions
    and fuel consumption for medium and heavy duty
    trucks. With the introduction of the legislation,
    waste heat recovery system market is growing at a
    rapid pace, facilitating large commercial
    vehicles to meet GHG regulation and attain high
    fuel efficiency.
  • Increasing growth in the cement industry is a
    principal driver of the business, propelling the
    waste heat recovery system market. In 2013, the
    global cement consumption was estimated by World
    Bank to be over 3900 metric tonnes, marking a
    significant increase compared to previous years.
    The rise in global cement demand has been
    propelled by economic expansion in emerging
    economies owing to growing urbanization and
    industrialization.

4
  • Unreliable grid supply is likely to drive the
    waste heat recovery system market. 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.
  • WHRS are widely used in numerous industries
    including refineries, paper pulp, heavy metals,
    petrochemicals and chemicals for pre-heating,
    steam generation and power generation. Increasing
    recovery systems penetration in Heating,
    Ventilation and Air Conditioning (HVAC) and
    automotive industries is likely to strengthen the
    waste heat recovery system market.
  • Waste heat recovery system market potential for
    different regions can be prioritized as per the
    key parameters including WHR capacity (MW),
    concerns over power reliability, industrial
    electricity prices, growth in cement industry,
    political stability, regulations, existing WHR
    installed capacity and feedstock moisture
    suitable for WHR.


5

Latest Research Report On Waste Heat Recovery
System Market _at_ http//bit.ly/2ojA9nY
Request Table Of Contents of this report_at_
http//bit.ly/2o90UxC v
6

Regional Analysis
  • The U.S. waste heat power generation systems are
    estimated to gain high potential from industrial
    and non-industrial processes including heat
    available from exhaust from landfill gas engines,
    natural gas pipeline compressors and other
    operations.
  • For Europe, Germany is evolving as a major leader
    in the waste heat recovery system market owing to
    the high awareness about the systems coupled with
    the favorable European Union (EU) initiatives to
    develop energy through waste. In 2011, the
    European Union funded the first pilot waste heat
    power plant in energy industries glass, cement,
    steel and others.
  • In Asia Pacific, rapid industrialization coupled
    with increasing emphasis on sustainable energy in
    China and India is likely to drive waste heat
    recovery system market growth during the forecast
    period.

7
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