Press release
Field-Erected Cooling Tower Market 2018 Market Key Regions, Market Share and Upcoming Prospects | Business Operation Data, End Users and Regional Outlook To 2023
Market Overview:-A cooling tower is designed to extract heat from the working fluid, mostly water, to the atmosphere, and often through evaporative cooling phenomenon. Hence, the cooling tower is also termed as a heat rejection device, which propagates heat to the surroundings through the cooling of water stream to room temperature for reprocessing and revitalizing its properties and quality. The cooling tower finds its most common application in power generation, petrochemicals & oil & gas, iron & steel & metallurgy, paper mills, and other industries.
The field-erected cooling tower is specially designed for its broader application in large extent capacity of heat rejection systems, such as power plants, steel processing plants, and petrochemical plants. Field-erected cooling towers are larger in size as compared to the conventional package type cooling tower. A normal field-erected cooling tower consists of pultruded structural components utilized throughout the cooling tower, which produces an engineered framework of unsurpassed quality, reliability, and safety. Structural pultrusion is approximately of the same strength of steel in tension and compression for a field-erected cooling tower. Fiberglass is implemented as it is impervious to a broad range of corrosive materials, immune to deterioration for the field-erected cooling tower.
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Industry Top Key Players:-
The key players of global field-erected cooling tower market are SPX Cooling Technologies, Inc. (U.S.), ENEXIO Management GmbH (Germany), Hamon & Cie (International) SA (Belgium), Baltimore Aircoil Company, Inc. (U.S.), Paharpur Cooling Towers Ltd. (India), Babcock & Wilcox Enterprises, Inc. (U.S.), Brentwood Industries, Inc. (U.S.), Delta Cooling Towers P. Ltd. (India), Evapco, Inc. (U.S.), International Cooling Tower Inc. (U.S.), Mesan (U.S.), Evaptech, Inc. (U.S.), Composite Cooling Solutions, L.P. (U.S), Cycro, inc. (U.S.), and STAR Cooling Towers (U.S.).
Global Field-Erected Cooling Tower Market:-
The global field-erected cooling tower market is expected to witness a phenomenal growth during the forecast period. The considerable growth in the power sector with population boom, along with rise in energy demand has propelled the field-erected cooling tower market in various regions. The growth is primarily credited to upgrades in utility infrastructure, growing investments in industrial sector, and related government regulations in various countries, which is likely to continue during the forecast period. The Asia Pacific region is expected to grow at the highest CAGR from 2017 to 2022, wherein China was the largest country-level market in 2016, followed by India and Japan. Upsurge in population with tremendous energy demand growth has resulted into a phenomenal growth for industrial infrastructure in the region and consequently resulted in growth of the field-erected cooling tower market.
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Major Points of TOC:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
To be continued............
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