Waste Heat Recovery Market 2020 Global Industry Analysis To 2023 Research Report
Global Waste Heat Recovery Outlook Research Report - Forecast to 2027” - Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027.
Waste Heat Recovery Market – Market Overview
Energy efficiency in Industry has improved significantly in the last decade, and one of the greatest opportunities for reducing energy use is Waste Heat Recovery. Waste heat recovery systems are widely used throughout many industries. Waste heat is heat generated by fuel combustion or chemical reaction and then thrown to the environment even if it could be reused. It is estimated that 20-50% of the energy used is lost in industrial processes (e.g. boilers or furnaces) in the form of hot exhaust gases, heat losses from radiation and within the cooling water.
Waste heat recovery is the process of capturing heat discarded by an existing industrial process and using that heat to generate power. Waste heat recovery (WHR) is essential for increasing energy efficiency in the chemical process industries (CPI).
A key component in waste heat recovery is the heat exchanger. The profitability of an investment in waste heat recovery depends heavily on the efficiency of heat exchangers and their associated life cycle costs (purchase, maintenance and others). R&D opportunities include optimizing existing recovery technologies as well as developing new heat recovery technologies. Existing technologies can be further improved to maximize recovery, expand application constraints, and improve economic feasibility.
Evidently technological advancements transpired in to the Waste Heat Recovery market coupled with the key players operating in the market who are constantly investing significant amounts in to R&D activities are providing impetus to the waste heat recovery market growth. Accrediting the colossal growth the Waste Heat Recovery market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published a meticulous study report giving out the complete market insight up till 2023. According to which, continuing with the same trends the global waste heat recovery market is projected to perceive an outstanding growth by 2023 registering a striking CAGR during the anticipated period (2017 – 2023).
Key Players:
Alstom SA (France), General Electric (U.S.) Siemens AG (Germany), Mitsubishi Heavy Industries Ltd. (Japan), and ABB Ltd. (Switzerland) are some of the prominent players at the forefront of competition in the global waste heat recovery market and are profiled in MRFR Analysis.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continued…
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