Waste Heat Recovery System Market

The global waste heat recovery system market is segmented on the basis of type application and geography.

Waste heat recovery system market.

The global waste heat recovery system market size was valued at usd 54 3 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 8 8 from 2020 to 2027. The waste heat recovery system market is expected to surpass us 78 bn by the end of 2026. Allied market research published a new report titled industrial waste heat recovery system market the report offers an extensive analysis of key growth strategies drivers opportunities key. The global waste heat recovery system market was valued at us 53 484 2 mn in 2018 and is projected to increase significantly at a cagr of 7 8 from 2019 to 2028.

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. The focus on cost efficiency and stringent government regulations are expected to drive the demand for the whr system market. The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. Get more details on this report request free sample pdf growing significance of energy conservation coupled with stringent emission standards across the globe will stimulate the market size.

The report segment waste heat recovery market based on application end user industry and region based on the application waste heat recovery market is classified into preheating and steam electricity generation in terms of end user industry waste heat recovery 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. Waste heat recovery system market in 2018 was valued over usd 40 billion and is predicted to expand over 8 by 2025. Waste heat recovery market expected to hit remarkable market value at highest cagr during 2019 to 2023.

Growing concerns about greenhouse gas ghg emissions and strict regulations to decrease carbon footprint are projected to be the key driving factors for the growth of the global waste heat recovery system whrs market. Waste heat recovery system market scope. Global waste heat recovery market is expected to reach us 68 mn by 2026 at a cagr of about xx during a forecast period. Global waste heat recovery market key players share revenue industry size in terms of volume with regional outlook is analyzed in this waste heat recovery industry report.