Waste Heat Recovery System Market – Global Trends & Forecasts to 2021

"Waste Heat Recovery System Market – Global Trends & Forecasts to 2021" is a professional and in-depth study.

MRRS adds "Waste Heat Recovery System Market – Global Trends & Forecasts to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

The market size of waste heat recovery system (WHRS) is projected to reach USD 65.87 billion by 2021, at a CAGR of 6.90% between 2016 and 2021. The growing demand from major end user industries such as cement and metal production is expected to drive the market in the future. The growing construction sector is significantly driving the demand for WHR system. The high cost of these systems is a major restraint for the market.
“Steam & electricity generation application to witness the highest growth rate during forecast period”
The steam & electricity generation application is expected to witness the highest growth rate between 2016 and 2021. Steam generation from waste heat sources is crucial to several end-use industries and, hence, is a major WHRS application. The advantages of steam generation are its high heat capacity and flexibility. However, it is expensive to produce steam, if there are inefficiencies in boiler and distribution systems. The fuel consumption is greatly reduced when the steam generated from waste heat is used for industrial operations.

Figure And Tables

TABLE 1 EXAMPLES OF WASTE HEAT SOURCES AND THEIR USES 39
TABLE 2 WHRS MARKET, BY APPLICATION 40
TABLE 3 WHRS MARKET, BY END-USE INDUSTRY 40
TABLE 4 OIL PRODUCTION, BY REGION AND COUNTRY, 2010–2014 (MILLION TON ) 51
TABLE 5 WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITY AT LOW TEMPERATURE (650°C) 55
TABLE 8 WHRS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION) 56
TABLE 9 WHRS MARKET IN PREHEATING APPLICATION, BY REGION, 
2014–2021 (USD MILLION) 57
 ...

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