The Key Players in Global Waste Heat Recovery Market in oil and Gas Industry 2015-2019, According to a New Study on ASDReports

Friday 2 October 2015, Amsterdam

Market Research Report Press Release The report, now available on ASDReports, recognizes the following companies as the key players in the Global Waste Heat Recovery Market in oil and Gas Industry: Alstom, Amec Foster Wheeler, Dongfang Electric, Harbin Electric and MHPS

Other Prominent Vendors in the market are: Bono Energia, China Energy Recovery, Forbes Marshall, Ormat Technologies and Siemens

Commenting on the report, an analyst said: “Government bodies worldwide are focusing on the reduction of GHG emissions. International agreements such as the Kyoto Protocol have lowered the outlook for coal-fired generation. Agencies such as the EPA and IPCC and the Climate Change Act 2008 have been laying down targets for emission reduction. These stringent regulations for emission reduction and a clean environment have provided the impetus to use HRSG, heat exchangers, and other waste heat recovery equipment. Such regulations will drive long-term growth, as these regulations against carbon-intensive technologies are likely to tighten during the forecast period.”

According to the report, Waste heat recovery technology improves the operational efficiency of oil and gas plants and provides technological advantages for improving system performance. The waste exhaust or heat streams from various processes are used for other process applications or to produce power. Also, waste heat recovery can provide benefits in the form of fuel saving and reduction in emissions. These may have renewable and environmental credits.

Further, the report states that High cost of equipment and maintenance hinders the market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Waste Heat Recovery Market in oil and Gas Industry 2015-2019

Global Waste Heat Recovery Market in oil and Gas Industry 2015-2019

Publish date : September 2015
Report code : ASDR-220849
Pages : 63

ASDReports.com Media contact: S. Koopman - Marketing and Communications

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P : +31(0)20 486 1286 - F : +31(0)20 486 0216 - E : stefan.koopman@asdreports.com

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