Waste Heat Recovery System Market: Global Forecasts to 2021 Oct 2016 | Page 3

Waste Heat Recovery System Market: Global Forecasts to 2021 “Asia-Pacific to be the fastest-growing market during forecast period” Asia-Pacific is projected to be the fastest-growing WHR system market due to the growing construction industry and industrialization in the region. The South American WHR system market is also expected to grow significantly due to the growing metal production and cement industries. North America is a significant market for WHRS, and is witnessing a moderate growth rate due to stringent energy efficiency regulations. The future growth of the industry will likely be driven by investments in chemical and petroleum refining projects, which is backed by recent boom of shale gas and oil slates in the U.S. and Canada. Break-up of profiles of primary participants for the report  By Company Type – Tier 1– 37%, Tier 2– 50%, and Tier 3– 13%  By Designation– C Level– 50%, Director Level– 31%, and Others–19%  By Region– North America– 32%, Europe– 39%, Asia-Pacific– 13%, the Middle East & Africa- 10%, and South America- 6% © RnRMarketResearch.com ; [email protected]