Waste Heat Recovery System Market - Global Trends & Forecast to 2018

1. MarketsandMarkets Presents • Waste Heat Recovery System Market  • Global Trends & Forecast to 2018 http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html

2. Industrial waste heat recovery is the process of capturing and reusing the waste heat and gases arising from the industrial processes that would be otherwise lost into the atmosphere. The waste heat recovery techniques can reduce energy consumption, operational costs and CO2 and greenhouse gases emissions. • The global waste heat recovery market value is anticipated to grow by 6.5% annually to reach $53,120 million by 2018. Major drivers for WHRS market are growing government regulatory requirement, increasing concern towards environmental protection and the concern over rising energy prices.  http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html

3. http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.htmlhttp://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html • The industrial sector accounts for one third of the total energy being consumed in the society. It is estimated that around 20%-50% of industrial energy input is lost in the environment. This waste heat arises due to both equipment inefficiencies and thermodynamic limitations of the equipment and processes. Although some of the waste heat losses from the industrial processes are inevitable, the industrial facilities can reduce these losses by improving their equipment efficiency or installing waste heat recovery technologies. http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html

4. The major driving factor this market are the government restrictions regarding the reduction in the waste heat gases from the industrial facilities. The introduction of government incentives is also a factor for the growth of this market. The desire of all the countries to become energy efficient and get economic savings will be a major factor driving the waste heat recovery market. http://www.marketsandmarkets.com/Market-Reports/waste-heat-recovery-system-market-202657867.html

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