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ORC Industrial Waste Heat to Power Market to see Rapid Growth by 2028

11-14-2022 07:01 AM CET | Energy & Environment

Press release from: Orion Market Research

ORC Industrial Waste Heat to Power Market to see Rapid Growth

The global ORC industrial waste heat to power market is anticipated to grow at a CAGR of 5.1% during the forecast period. One of the key factors that are boosting the market is the growing demand for clean energy. These energies are zero-emission energy which offers several benefits such as no wastage of energy, no pollution, and government support. All these factors are going to be more effective on the market as most of the governments across the globe making norms for pushing zero emission. For instance, in April 2022, European Commission presented proposals for updating and modernizing the industrial emissions directive, key legislation for helping, preventing, and controlling pollution. 

To Request a Sample of our Report on ORC Industrial Waste Heat to Power Market:  https://www.omrglobal.com/request-sample/orc-industrial-waste-heat-to-power-market

These updated rules are aimed to support the necessity of industrial investments for Europe's transformation towards a zero-pollution, climate-neutral, competitive economy by 2050. They aimed to spur reward frontrunners, and innovation, and to support level the playing field in the EU market. Such norms are showing the future acceptability of an industry that has increased the demand for ORC industrial waste heat to power solutions. The solution offers zero-emission energy which makes it fuel efficient as well. For instance, in February 2021, in Alberta, Canada's TC Energy and Siemens Energy signed a contract for building a first-of-its-kind waste heat-to-power facility. The plant has the capability of capturing waste heat from a gas-fired turbine at a station of pipeline compression and converting it into a power of emissions-free. Such feed the grid facility has generated energy. This is to offsetting 44,000t of greenhouse gases and power more than 10,000 homes annually.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Product
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- IHI Corp., Mitsubishi Heavy Industries, Ltd., Turboden S.p.A., Siemens AG, and General Electric Co.

A full Report of ORC Industrial Waste Heat to Power Market is Available @  https://www.omrglobal.com/industry-reports/orc-industrial-waste-heat-to-power-market

ORC Industrial Waste Heat to Power Market Report by Segment

By Product

Steam Rankine Cycle
Organic Rankine Cycle
Kalina Cycle

By Application

Petroleum Refining
Cement Industry
Heavy Metal Production
Chemical Industry
Others (Glass industry)

ORC Industrial Waste Heat to Power Market Report by Region

North America                                                                                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

AURA GmbH & Co. KG 
Boustead International Heaters Ltd. 
Climeon AB 
Dürr Aktiengesellschaft 
Kaishan USA 
Strebl Energy Pte Ltd 
TransPacific Energy, Inc. 
TURBODEN S.p.A.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/orc-industrial-waste-heat-to-power-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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