Waste Heat Recovery Systems Market - Global Industry Analysis and Size - 2022
Global waste heat recovery market size is projected to achieve a value of $70.5 billion by 2022, growing at a CAGR of 6.8% during 2016-2022. The market is growing mainly due to the massive unexplored market for waste heat recovery across the globe, and high rate of depletion of fossil fuels and increasing demand for reduction of greenhouse gases. Read summary of report here : https://www.psmarketresearch.com/market-analysis/waste-heat-recovery-market In terms of the end-user, the waste heat recovery market is broadly segmented into petroleum refining, chemical, cement, metal production and casting, natural gas compression, paper and pulp, and others. The cement segment is expected to be the fastest growing segment in the worldwide market for waste heat recovery, growing at a CAGR of 9.3% during the forecast period. The economic development of any country across the world is vastly dependent on its industrial growth. Energy and electricity are the crucial factors in determini...
Comments
Post a Comment