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Nov 21, 2023

Waste Heat Recovery Boiler Market 2023 Share, Size, Growth, Trends and Forecast 2028

IMARC Group, a leading market research company, has recently releases report

IMARC Group, a leading market research company, has recently releases report titled "Waste Heat Recovery Boiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global waste heat recovery boiler share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

A waste heat recovery boiler is a system that is used for minimizing the wastage of heat generated by industrial plants. It captures the heat dissipating from industrial processes for reuse in other heating applications, like power generation. The waste heat recovery boiler is used by factories that produce steel, cement, non-ferrous metals and chemicals, like ethylene, ammonia, sulfuric acid, and nitric acid.

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The need for enhanced energy-efficient industrial processes is the primary factor driving the waste heat recovery boiler market. The significant growth in the power, oil, and gas industries has also escalated the demand for these boilers as they are utilized for removing heat from a process fluid that needs to be cooled down for transportation or storage. Furthermore, the growing demand for continuous electricity supply has encouraged governments to increase investments in cleaner technologies, such as waste heat recovery boilers, which emit minimal greenhouse gases. These factors are expected to have a positive impact on the growth of the market.

The report has segmented the market into the following categories:

Breakup by Type:

Breakup by Waste Heat Temperature:

Breakup by Waste Heat Source:

Breakup by Orientation:

Breakup by End-Use Industry:

Breakup by Region:

The report covers the major market players including:

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