Waste Heat Recovery Systems Market: Overview
Waste heat recovery systems are among the most economical ways to increase the overall efficiency of the plant and while lowering fuel demand. Large quantities of the fuel used to produce power in conventional power plants is wasted due to the limitations of the power conversion processes. Exhaust gas of various processes carry a huge amount of energy, also referred to as waste heat. Often industrial processes produce enough waste heat to generate electricity. Waste heat recovery units (WHRUs) or heat to power units could recover the waste heat and transform it into electricity by using, for example, an organic Rankine cycle (ORC). Any exhaust gas stream with temperatures above 250°F has the potential for significant waste heat recovery. The waste heat temperature is a key factor determining waste heat recovery feasibility. Waste heat temperatures can vary significantly. In order to enable heat transfer and recovery, it is necessary that the waste heat source temperature is higher than the heat sink temperature.
Waste Heat Recovery Systems Market: Market Dynamics and Trends
Consumers of waste heat recovery systems include plant process heating, combustion air pre-heating, boiler feed water pre-heating, steam ejectors, ORC generators, and building comfort heat. Often, waste heat is of low temperature quality. It can be difficult to efficiently utilize the heat contained. In these cases ORC technology can bring an additional benefit to raise the overall plant efficiency. The ORC unit utilizes this otherwise wasted energy and converts it into power.
In the upstream oil & gas segment the need for heating process fluid is required in floating production storage and offloading vessels (FPSO), offshore process platforms, and onshore processing units. This is done by harnessing the waste heat available in the exhaust gases, leaving the gas turbine generator (GTG) or the process gas compressor drives (PGC).
Decentralized power supply is another trend in the world’s growing demand for energy. While many regions do not have access to centralized power supply yet the local infrastructure still demands electricity. Independent power supply makes use of any available fuels, be it biomass, household refuse, or waste heat from an industrial process.
Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18494
Waste Heat Recovery Systems Market: Region-wise Outlook
Region-wise, Europe and North America are the market leaders in the manufacturing and utilization of waste heat recovery systems including in marine sectors. This trend is followed by the Asia Pacific and Middle East regions.
Waste Heat Recovery Systems Market: Key Players
Major players in the waste heat recovery systems market are Bosch Industriekessel GmbH, Sigma Thermal, Dresser-Rand-Ingersoll, Cain Industries, Ecogen Power Systems, Borsig GmbH, The Maersk Group, Siemens AG, Thermax Global, and Ci-Tech Energy Recovery Systems.
Request COVID-19 Impact Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18494
The latest report on global APAC Waste Heat Recovery Systems market by ESOMAR-certified consulting firm Future Market Insights’ forecasts a healthy growth outlook for the upcoming decade.
The report provides an extensive analysis of the key growth drivers and trends expected to impact the market over the coming years.
FMI’s report sheds an in-depth insights on the market trends and opportunities impacting the key players over the forecast period.Understanding the Impact of Covid-19 on Oil & Gas IndustryWith the worst of pandemic outbreak, the oil and gas industry has witnessed unpredictable and uncertain market condition due to the disruption in supply-chains, strict government regulations and with deceleration in sales.
Increasing transport demand, a pick-up in industry activities and government initiatives is expected to give a positive outlook for oil and gas industry.Request Report Sample@https://www.futuremarketinsights.com/reports/sample/rep-ap-174Future Market Insights’ latest report on global APAC Waste Heat Recovery Systems market gives a detailed chapter on the impact of COVID-19.
The report delivers a deeper insights on the key trends and statistics that will help the leading as well as emerging players to formulate strategies to maintain their position in the industry during crisis.Why Choose Future Market InsightsExtensive information with simple formatPrompt and efficient customer serviceData collected from reliable primary and secondary sourcesHighly trained and experienced team of research analystsGround-level understanding and expert knowledge of the marketAttractive offers for new customers!
Offer expires soon!APAC Waste Heat Recovery Systems Market: SegmentationDetailed evaluation offered in the FMI’s APAC Waste Heat Recovery Systems market report has been segregated into key segments and sub-segments.Pyrolysis gas market can be segmented on the basis of application as follows,Aromatics ExtractionRefinery FeedstockFractionation for BenzeneOthersPre - Book Report@https://www.futuremarketinsights.com/checkout/174APAC Waste Heat Recovery Systems Market: Competition AnalysisThe FMI’s study provides a thorough analysis of leading as well as emerging players operating in the APAC Waste Heat Recovery Systems market across the globe.
