Global Waste Heat Recovery System Markets 2024-2030: Pre Heating, Steam, Power Generation, Petroleum Refinery, Chemical, Phase System Size, Share & Trends Analysis [Yahoo! Finance]
KAWASAKI HEAVY INDS S/ADR (KWHIY)
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Source: Yahoo! Finance
The global waste heat recovery system market size is expected to reach USD 102.41 billion by 2030, registering a CAGR of 9.8% from 2024 to 2030. The upcoming evolution of waste heat recovery systems is expected to be amplified by investments in several industries such as refineries, heavy metals, paper & pulp, petrochemicals, and chemicals. Major manufacturing industries are actively adopting waste heat recovery systems to decrease their dependence on conventional energy and produce in-house power to reduce operational costs. For instance, in October 2022, Kawasaki Heavy Industries delivered a waste heat recovery power generation system to the Saitama cement plant of TAIHEIYO CEMENT CORPORATION located in Japan. The installation of this system was completed by the company in 2022. It carried out everything from the general plant designing to the equipment supplying and commissioning, as well as installation. The new system has a rated output of 7,850 kW or about 8 MW. By using wa
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