Welcome to
On Feet Nation
olismith Online
ruslanovna Online
Posted by Catherine on September 9, 2024 at 11:18pm 0 Comments 0 Likes
Posted by Larry on September 9, 2024 at 11:13pm 0 Comments 0 Likes
The global Waste Heat Recovery System Market size is expected to reach USD 107.0 billion by 2027 registering a CAGR of 8.8%, according to a new report by Grand View Research, Inc. Rising energy costs and stringent regulations concerning energy efficiency are expected to drive the global market.
Growing demand from major end-use industries, such as cement and metal production, is projected to drive the waste heat recovery system (WHRS) market. Furthermore, rising investments in emerging economies coupled with rapid developments in the construction sector are boosting the growth of this market.
Asia Pacific is expected to progress at the highest CAGR during the forecast period due to ongoing innovations in the field of industrialization. Recent years have witnessed rising demand for consistent and continuous electricity across the globe underpinned by strict emission standards, thereby encouraging product penetration. In addition, rising popularity of food processing units in conjunction with decreasing costs of low-temperature heat consumption is expected to offer a growth prospect.
Related Press Related @ Waste Heat Recovery System Market Report
Waste Heat Recovery System Market Report Highlights
© 2024 Created by PH the vintage.
Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation