Dallas, TX -- (ReleaseWire) -- 05/19/2014 -- The report "Waste Heat Recovery Market by Application (Pre-heating, Steam Generation, Electricity & Others), and Industry (Petroleum Refining, Heavy Metal, Cement, Chemical, Natural Gas Compression, Pulp/Paper Industry & Others) - Global Trends & Forecast to 2018", defines and segments the global waste heat recovery systems market with an analysis and forecasting of the global value. The waste heat recovery systems market value will grow to $53,120 million by 2018, with a CAGR of 6.50% from 2013 to 2018.
Browse 70 market data tables, 37 figures spread through 202 pages and in-depth TOC on “Waste Heat Recovery Market - Global Trends & Forecast to 2018”
Early buyers will receive 10% customization on this report.
Download Sample PDF of this Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=202657867
The recovery of the industrial waste heat can be achieved by numerous methods. Either the waste heat can be reused within the same process or could be transferred to a different process. Various technologies are commercially available for this excess heat recovery. Many industrial facilities are improving their energy productivity by installing these technologies. However, in many cases, heat recovery is neither economical nor possible. Thus, the focus is on improving energy efficiency in the
industrial sector. Waste heat recovery involves capturing and reusing the waste heat from the industrial processes.
New product/technology development was the second major strategy opted by most of the companies in the global WHRS market. Many companies are mainly focusing on R&D in order to develop new and improved equipment, which offer more distinguished and revolutionary features than the ones already available. The companies such as ABB Ltd., General Electric, Siemens, and Mitsubishi Heavy Industries are constantly trying to improve their existing product line to capture major market share by providing effective energy efficient systems.
In terms of global market, the industry comprises many market participants with few market leaders globally. The industry is highly fragmented in terms of the segments to which the products are offered. The current market is flooded with companies of varying sizes with some companies more dedicated to a particular market segment and some companies with greater financial resources. There is presence of a large number of small players which are catering to the local demand of the end-user industries and trying to capture more market share along with large manufactures who have significant market share.
Request for free Sample of this Report @ http://www.marketsandmarkets.com/requestsample.asp?id=202657867
Browse related Reports:
Heat Exchanger Market by Types (Shell & Tube, Plate & Frame, Air Cooled), By Applications (Chemical, Petrochemical, Oil & Gas, HVAC & Refrigeration), Classifications (MoC, Temperature Range & Fluid Types) & Geography - Forecasts to 2018
Global Heat Transfer Fluid [Thermic Fluid/High Temperature/Synthetic Heat Transfer Fluids] Market – By Product Type [Mineral Oils, Silicone & Aromatics, PAG & Glycol Based Products & Others], Applications & Geography – Forecasts To 2017
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets