Press release
Waste Heat Recovery Market : Highlights The Competitive Scenario Of The Market, Major Competitors, And Benchmarking
Waste heat refers to energy or heat generated in different industrial processes, with no productive use. There are several sources of waste heat, such as cooling water from furnaces, combustion engines and others; combustion exhausts from glass melting furnaces, fume incinerator, cement kiln and others; process off-gases; and conductive, convective, and radiation heat losses. It has been estimated in various studies that 20% – 50% of industrial energy input is lost as waste heat. The waste heat loss can be minimized using waste heat recovery systems.Get a free sample copy of this report @ https://www.psmarketresearch.com/market-analysis/waste-heat-recovery-market/report-sample
The most eminent waste heat recovery hardware includes HRSGs, mechanical warming boilers, and turbines. Mechanical waste heat recovery is the procedure of catching and reusing waste heat, and gasses emerging from the modern procedures that would be generally lost into the climate. The waste heat recovery procedures can lessen energy utilization, operational expenses, and CO2 and nursery gas outflows.
During 2012-2015, Europe held the largest share in the global waste heat recovery market. The European waste heat recovery market is growing, due to early introduction of the waste heat recovery technology and environmental policies regarding curbing of industrial harmful emissions.
The Asia-Pacific waste heat recovery market is expected to witness the fastest growth at a CAGR of 9.8% during the forecast period. The major reasons for the highest growth are strong growth in cement industry in the region. Moreover, the stringent environmental regulations and high energy demand are also supporting the growth of the Asia-Pacific waste heat recovery market.
Browse a overview of this report @ https://www.psmarketresearch.com/market-analysis/waste-heat-recovery-market
The recovery of waste heat reduces the cost of operation in any industry, thus gaining wide popularity across the globe. For instance, preheating of combustion air can increase furnace efficiency up to 50%. The increased government initiatives, stringent regulations, and technological advancements are driving the growth of the global waste heat recovery market. However, the economies of scale and complexities in heat recovery would hinder the growth of the global market to some extent.
Some of the key companies operating in the global waste heat recovery market include Siemens AG, General Electric Company, Amec Foster Wheeler PLC, Harbin Electric International Company Ltd., Dongfang Electric Corporation, Mitsubishi Hitachi Power Systems, ABB Group, China Energy Recovery, and Ormat Technologies.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
05-01-2019 03:18 PM CET - Advertising, Media Consulting, Marketing Research
aste Heat Recovery Market : A Research Report Highlights The Competitive Scenario Of The Market, Major Competitors, And Benchmarking ( Amec Foster Wheeler PLC, Harbin Electric International Company Ltd., Dongfang Electric Corporation, Mitsubishi Hitachi P
Press release from: P&S Intelligence
Waste heat refers to energy or heat generated in different industrial processes, with no productive use. There are several sources of waste heat, such as cooling water from furnaces, combustion engines and others; combustion exhausts from glass melting furnaces, fume incinerator, cement kiln and others; process off-gases; and conductive, convective, and radiation heat losses. It has been estimated in various studies that 20% – 50% of industrial energy input is lost as waste heat. The waste heat loss can be minimized using waste heat recovery systems.
Get a free sample copy of this report @ www.psmarketresearch.com/market-analysis/waste-heat-recov...
The most eminent waste heat recovery hardware includes HRSGs, mechanical warming boilers, and turbines. Mechanical waste heat recovery is the procedure of catching and reusing waste heat, and gasses emerging from the modern procedures that would be generally lost into the climate. The waste heat recovery procedures can lessen energy utilization, operational expenses, and CO2 and nursery gas outflows.
During 2012-2015, Europe held the largest share in the global waste heat recovery market. The European waste heat recovery market is growing, due to early introduction of the waste heat recovery technology and environmental policies regarding curbing of industrial harmful emissions.
The Asia-Pacific waste heat recovery market is expected to witness the fastest growth at a CAGR of 9.8% during the forecast period. The major reasons for the highest growth are strong growth in cement industry in the region. Moreover, the stringent environmental regulations and high energy demand are also supporting the growth of the Asia-Pacific waste heat recovery market.
Browse a overview of this report @ www.psmarketresearch.com/market-analysis/waste-heat-recov...
The recovery of waste heat reduces the cost of operation in any industry, thus gaining wide popularity across the globe. For instance, preheating of combustion air can increase furnace efficiency up to 50%. The increased government initiatives, stringent regulations, and technological advancements are driving the growth of the global waste heat recovery market. However, the economies of scale and complexities in heat recovery would hinder the growth of the global market to some extent.
Some of the key companies operating in the global waste heat recovery market include Siemens AG, General Electric Company, Amec Foster Wheeler PLC, Harbin Electric International Company Ltd., Dongfang Electric Corporation, Mitsubishi Hitachi Power Systems, ABB Group, China Energy Recovery, and Ormat Technologies.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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