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Global Waste Heat to Power Market is expected to reach USD 32.7 Billion by 2025 with a CAGR of 12.43%

Waste Heat to Power Market is valued at USD 14.4 Billion in 2018 and expected to reach USD 32.7 Billion by 2025 with a CAGR of 12.43% over the forecast period.

Waste heat to power is the process of capturing heat waste by an existing process and using that heat to generate electricity. Many industrial processes generate unused heat, waste heat streams are generated by furnaces, ovens, turbines, engines, and manufacturing production processes. Waste heat streams are also generated at field locations, including landfills, compressor stations, andmining sites in industrial plants and this is suitable for waste heat to power. Waste heat streams are also generated at commercial and residential sector but these waste heat streams have lower temperatures and lower volumetric flow rates as compared to industrial sites. Therefore, waste heat to power technologies is applied in industrial markets where waste heat stream characteristics are more favorable to economic feasibility.

Waste heat to power market is segmented on the basis of type, applicationand region & country level. On the basis of type, it is divided in to steam rankine cycle, organic rankine cycles and kalina cycle. By application, the waste heat to power market is classified into chemical industry, metal manufacturing, oil and gas and others.

The regions covered in this waste heat to power market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of waste heat to power market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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