The ORC waste heat power market was valued at $17.88 billion in 2020 and is projected to reach $44.83 billion by 2028, growing at a CAGR of 12% from 2021 to 2027.
As global industrialization increases, the demand for clean energy rather than conventional energy sources will increase to revitalize the ORC waste heat power market. A favorable policy framework for the adoption of sustainable technologies across industries will complement ORC waste heat to power industry statistics over the forecast period. In addition, the growing importance of ORC waste heat power market is growing.
A full report of ORC Waste Heat To Power Market available at: https://www.orionmarketreports.com/orc-waste-heat-to-power-market/60733/
The major players in the market are Turboden S.p. A, Kaishan USA, Siemens AG, Boustead International Heaters, TransPacific Energy Inc., General Electric, Strebl Energy Pvt Ltd Mitsubishi Hitachi Power Systems, Ltd. Climeon AB, and IHI Corporation.
ORC Waste Heat To Power Market- Segmentation
By Application
• Petroleum Refining
• Cement Industry
• Heavy Metal Production
• Chemical Industry
• Others
By Product
• Steam Rankine Cycle
• Organic Rankine Cycle
• Kalina Cycle
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)