Waste Heat Recovery Market Boom with CAGR of 8.6%, Scope of Current and Future Industry, SWOT Analysis and Investment Feasibility 2027 | Ormat Technologies, GE, ABB, Forbes Marshall, Mitsubishi Heavy Industries, Ltd.

Global Waste Heat Recovery Market is valued at USD 56.82 Billion in 2020 and expected to reach USD 101.23 Billion by 2027 with a CAGR of 8.6% over the forecast period.

Global Waste Heat Recovery System Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027, Increasing pollution and growing greenhouse gas emissions, supportive government regulations to decrease carbon footprint and rising need of energy efficient equipments are the some of the major factors driving the growth of Global Waste Heat Recovery System Market.

Scope of Global Waste Heat Recovery Market Report

Industrial waste heat is heat produced in different industrial processes which is not put into any practical use and is lost, wasted and dumped into the environment. A waste heat recovery system is an energy recovery heat exchanger that transfers heat from process outputs at high temperature to another part of the process for some purpose, usually increased efficiency.

You Can Download 200 Pages PDF Premium Sample Copy of Waste Heat Recovery Market @ https://brandessenceresearch.com/requestSample/PostId/1587?utm_source=OpenPR&utm_medium=AR

WHRU is tool involved in cogeneration. Waste heat may extracted from sources such as hot flue gases from diesel generator, steam from cooling towers, waste water from cooling processes such as steel cooling. This tool will add more efficiency to the process and thus decreases the costs of fuel and energy consumption needed for that process.

The COVID-19 has witnessed a negative impact on the growth of the global waste heat recovery market owing to the the shutdown or less production of power generation plants, cement industries, glass manufacturing industries, metal manufacturing industries and also petroleum refining and others. Thus, it leads to decreased demand for the waste heat recovery systems by these industries.

Top Companies:

Key Players for Global Waste Heat Recovery Market.
Some key players for Global waste heat recovery Market are Siemens AG, Ormat Technologies, General Electric Co., Forbes Marshall, Boustead International Heaters, ABB, Echogen Power systems, Mitsubishi Heavy Industries, Ltd., Promec Engineering, Wood Plc, Terrapin, AURA GmbH % Co., Exergy S.P.A., IHI Corporation, Cliemon, Cool Enegy lnc., Econotherm, Thermax Limited and others.

Key Benefits of Global Waste Heat Recovery Report–

• Global Waste Heat Recovery Market report covers in-depth historical and forecast analysis.
• Global Waste Heat Recovery Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global Waste Heat Recovery report helps to identify opportunities in marketplace.
• Global Waste Heat Recovery Market report covers extensive analysis of emerging trends and competitive landscape.

Segmentation:

The waste heat recovery market is divided into application, end user and regions & countries. Based on application, the waste heat recovery market is segmented into pre heating, steam & electricity generation, space heating and chilling. Based on end users, the market is segmented into petroleum refining, metal production, cement, chemical, paper and pulp and others.

Global Waste Heat Recovery Market Segmentation:-

By Application:

• Pre Heating
• Steam & Electricity Generation
• Space Heating and Chilling

By End User:

• Petroleum Refining
• Metal Production
• Cement
• Chemical
• Paper and Pulp
• Others

Increasing Pollution and Growing Greenhouse Gas Emissions, Supportive Government Regulations to Decrease Carbon Footprint and Growing Need of Energy Efficient Equipments are the Significant Factors Driving the Market Growth
Increasing pollution and growing greenhouse gas emissions are the major factors driving the growth of global waste heat recovery market.

For instance; according to PBL Netherlands Environmental Assessment Agency 2019 Report, Growth of global greenhouse gas emissions in 2018 was highest since 2011, in 2018 the growth in total global greenhouse gas emissions resumed at a rate of 2.0%, reaching 51.8 gigatonnes of CO2 (excluding from land-use change).

Global Waste Heat Recovery market report has the best research offerings and the required critical information for looking new product trends or competitive analysis of an existing or emerging market. Companies can sharpen their competitive edge again and again with this business report. The report comprises of expert insights on global industries, products, company profiles, and market trends. Users can gain unlimited, company-wide access to a comprehensive catalog of industry-specific market research from this industry analysis report. The market report examines industries at a much higher level than an industry study.

Request for Methodology of this report: https://brandessenceresearch.com/requestMethodology/PostId/1587?utm_source=OpenPR&utm_medium=AR

Table of Content: Global Waste Heat Recovery Market Research Report

Chapter 1: Global Waste Heat Recovery Industry Overview
Chapter 2: Global Economic Impact on Waste Heat Recovery Markets
Chapter 3: Global Market Size Competition by Industry Producers
Chapter 4: Global Productions, Revenue (Value), according to Regions
Chapter 5: Global Supplies (Production), Consumption, Export, Import, geographically
Chapter 6: Global Productions, Revenue (Value), Price Trend, Product Type
Chapter 7: Global Market Analysis, on the basis of Application
Chapter 8: Waste Heat Recovery Market Industry Value Chain
Chapter 9: Waste Heat Recovery Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Economic Indicators, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Waste Heat Recovery Market Forecast Period
Chapter 14: Future of the Market
Chapter 15: Appendix

Global Waste Heat Recovery Markets: Regional Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil etc.)
• Middle East and Africa (Egypt and GCC Countries)

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Related Link:

https://www.prnewswire.com/news-releases/live-streaming-market-size-is-growing-at-26-9-cagr-rate-and-projected-massive-growth-due-to-covid-19-situation-says-brandessence-market-research-301264045.html

https://www.prnewswire.com/news-releases/mrna-vaccines-and-therapeutics-market-size-is-projected-to-reach-usd-2911-9-million-2026--says-brandessence-market-research-301261990.html

https://www.prnewswire.com/news-releases/at-12-8-cagr-fantasy-sports-market-to-hit-usd-48-07-billion-by-2027--says-brandessence-market-research-301259563.html

https://www.prnewswire.com/news-releases/digital-agriculture-market-size-is-expected-to-reach-usd-10587-6-million-by-2027--reported-by-brandessence-market-research-301259393.html

Contact Us:

Alan Ruffalo
Corporate Sales: +44-20380741
Email: sales@brandessenceresearch.com
Web: https://brandessenceresearch.com/

About Brandessence Market Research Inc.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

This release was published on openPR.