Waste Heat Recovery System Market
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Waste Heat Recovery System Market Size and Growth
The Waste Heat Recovery System market is experiencing robust growth, driven by increasing energy efficiency demands and environmental regulations. The global market is projected to reach approximately $60 billion by 2025. Key sectors include industrial processes and power generation, emphasizing sustainable practices and cost reduction efforts across various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Kawasaki
◍ Sinoma Energy Conservation
◍ Kesen Kenen
◍ Boustead International Heaters
◍ CITIC Heavy Industries
◍ Thermax
◍ Lingda Group
◍ Ormat
◍ Turboden
◍ Exergy International
◍ Enertime
◍ ElectraTherm
◍ E-Rational
The Waste Heat Recovery System market features key players like Kawasaki, Sinoma Energy Conservation, and Therman, focusing on innovative technologies and efficiency improvements. Companies like Ormat and Turboden enhance market growth through diverse applications in industrial sectors. Notable sales figures include:
- Kawasaki: $3 billion
- Thermax: $800 million
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Market Segmentation
By Application
Cement
Steel
Petroleum Refining
Chemical
Others
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By Product
Steam Rankine Cycle
Organic Rankine Cycle
$ 848.20 Million
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