Global Waste Heat Recovery System Market Worth $ 50.19 Billion by 2019

Date: 2016-08-19

Waste heat recovery system is an energy recovery heat exchanger. It is the collection of heat created as an undesired by-product of the operation of a piece of equipment or machinery to fill a desired purpose elsewhere. Waste heat recovery system includes high temperature and medium temperature waste heat recovery
system on the base of classification, which represent 68% and 21% of global waste heat recovery system market.

Petroleum Refining, Heavy Metal Production and Cement Industry are the main application of Waste heat recovery system product and Europe is the largest Waste heat recovery system market on production and consumption.

Global Waste heat recovery system market is projected to reach $ 50.19 Billion by 2019, with a GAGR of 5.7% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global Waste heat recovery system market are MHI, Thermax, GE, Echogen, ABB, Alstom SA etc.


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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