The pressure vessel market is expected to reach $184.87 billion by 2021, growing at a CAGR of 5.38 per cent from 2016 to 2021, said a report. The growth of this market is attributed to huge electricity demand and industrialisation in different regions.

The worldwide market for waste heat recovery system is expected to grow at a CAGR of roughly 4.7 per cent over the next five years, reaching $2.94 billion in 2024, from $2.23 billion in 2019, according to a new WMR study.

Germany’s mycon GmbH, a sister company of industrial cleaning firm Kipp Umwelttechnik GmbH, has supported the cleaning of shell and tube heat exchangers during the annual shutdown of a gas producer located in the Gulf region. For many years mycon uses the self-developed TubeMaster process for cleaning tubes and tube bundle heat exchangers.