Cooling Tower Market Research Report 2019 – 2025 | Industry Analysis by Top Key Players Thermal Care, Johnson Controls, Brentwood, Haman, Evapco, ENGIE, Paharpur Cooling Tower, SPIG, Star Cooling, SPX Cooling, ENEXIO, Delta

The newly released research at Market Study Report LLC titled “2019-2025 Global Cooling Tower Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Over the past few years, cooling tower market has emerged as a rather lucrative vertical of the overall HVAC industry, majorly influenced by the rapid industrialization trends fueling the development & construction of thermal power plants. In addition, the increasing awareness levels toward adopting sustainable and clean energy sources have further expedited the product deployment rate, which in turn has significantly favored the commercialization potential of this industry space.

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Of late, the recent technologically upgradation and product innovation trends are playing a key role in the overall improvement of design and operation style of these components. The leading industry players are coming up with various product innovation and are adopting tried and tested growth strategies such as M&As, collaboration, and investment in R&D to cater to the changing market dynamics.

Recently for instance, Aggreko, a renowned player operating in the global cooling tower industry, unveiled a new series of mobile cooling towers. According to authentic reports, called as the Global Cooling Tower (GT) Series, the launch marks the company’s first mobile & modular cooling tower that is designed to support and increase operating efficiency in this highly decentralized and digitized energy industry. the product is gaining rapid adoption, given its standard shipping container frame size that allows quick and easy installation, save space, reduce energy costs, and smoothly integrate as a part of new energy projects.

The U.S. cooling tower market in 2018, accounted for over USD 250 million. Favorable regulatory norms to accelerate the adoption of sustainable power generation coupled with rapid advancements in the manufacturing sector will increase the product penetration. Paradigm shift in the respective government norms are redefining the domestic manufacturing sector which will further boost the industry growth.

Reduced thermal pollution, decreased biological contaminants and ability to remove water usage are some of the underline parameters that will drive the dry cooling tower market share. These systems operate on the code of connective heat transfer which involves minimal water usage when compared with other technologies.

Expanding industrial infrastructure primarily across the developing nations along with the requirement of high heat load will boost the natural cooling tower market growth. Reduced noise emissions, low energy consumption, low maintenance cost and longer service life are some of the key features which will significantly increase the product adoption.

Package cooling tower market is anticipated to expand over 5% by 2025. Flexible site replacement and simplified electrical wiring & piping are among the major advantages which will positively impact the business growth. Furthermore, the rising investments toward automotive, textile and food processing industry will accelerate the product adoption.

Fiber reinforced plastic will onlook growth on the grounds of their rigidity, non-corrosion, simplified installation, ability to resist extreme climate conditions, economic viability and greater strength characteristics. Their growing use in production of various components and ongoing technological advancements will stimulate the industry growth.

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Counterflow cooling tower market holds majority share on the grounds of increased air to water contact flow area and reduced space requirement & noise emission. In these cooling towers, the direction of the induced air is opposite to that of the water flow. In addition, counterflow tower serves better in spaces where low operating weight is required. The increased adoption of these systems across manufacturing sector, power plants and heavy industries encourage the product penetration.

Ongoing investment in the upstream sector across the Asia Pacific & Middle East region will positively influence the business landscape. Prevailing expansion & refurbishment of oil refineries will further boost the cooling tower market growth. For instance, reliance industry in September 2017, proposed to boost the oil refining capacity of its Jamnagar refinery by 30 million tons per year

Eminent players operating in the cooling tower market are Haman, International Cooling, Reymsa, BERG, Bell Cooling Tower, Mesan, Evapco, ENGIE, Paharpur Cooling Tower, SPIG, Star Cooling, Perfect Cooling Thermax, SPX Cooling, Thermal Care, Baltimore, Johnson Controls, Brentwood, ENEXIO and Delta.

Besides this, the soaring issue of Legionnaires’ Disease, which increases in warm water condition and could have dangerous effects on human, has foster several industry leading players to design and introduce anti-microbial cooling towers. Development of such problem specific products to address and rule out major health issues, is certain to take the growth dynamics of global cooling tower market’s remuneration potential several notches up over 2019-2025.

Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology

1.2. Market definitions

1.3. Market estimates & forecast parameters

1.4. Data Sources

1.4.1. Primary sources

1.4.2. Secondary sources

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Cooling Tower industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Technology trends

2.1.4. Design trends

2.1.5. Build trends

2.1.6. Construction material trends

2.1.7. Flow trends

2.1.8. Application trends

2.1.9. Regional trends

Chapter 3. Cooling Tower Market Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1. Vendor Matrix

3.4. Innovation & sustainability

3.4.1. SPX Cooling Technologies

3.4.2. ENEXIO

3.4.3. Baltimore Aircoil Company

3.4.4. Delta Cooling Towers

3.5. Regulatory landscape

3.5.1. North America

3.5.1.1. U.S.

3.5.1.1.1. Clean Water Act

3.5.1.1.2. Rule for Industrial Process Cooling Towers

3.5.1.1.3. New York

3.5.1.1.4. Federal Regulations

3.5.1.1.5. Water Reuse Regulations

3.5.1.1.6. Water Discharge Regulations

3.5.1.1.7. Air Emission Regulations

3.5.1.2. Canada

3.5.1.2.1. Canada Occupational Health and Safety Regulations

3.5.2. Europe

3.5.2.1.1. Eurovent

3.5.2.1.2. Eurovent 9/12

3.5.2.1.3. ELDSNET

3.5.2.1.4. Directive 200/54/EC

3.5.2.1.5. Directive 76/160/EEC

3.5.2.1.6. EU Fan Regulation' 327/2011

3.5.2.2. Germany

3.5.2.2.1. 42.BlmSchV

3.5.2.2.2. VDI-2047

3.5.2.3. France

3.5.2.4. Netherlands

3.5.2.4.1. Temporary Emergency Act

3.5.3. Asia Pacific

3.5.3.1. Australia

3.5.3.1.1. Public Health and Wellbeing Act 2008

3.5.3.1.2. Public Health Act 1997

3.5.3.1.3. NSW Law

3.5.3.2. Malaysia

3.5.3.2.1. Malaysia Standards

3.5.3.3. India

3.5.3.3.1. The Environment (Protection) Amendment

3.5.4. Middle East & Africa

3.5.4.1.1. Abu Dhabi Code of Practice

3.5.4.1.2. South African National Standard

3.5.5. Latin America

3.5.5.1. Brazil

3.5.5.1.1. Environmental Act

3.5.5.1.2. BSR/ASHRAE Standard 188 P

3.6. Customer requirement

3.7. Customer group requirement

3.8. Entry barriers

3.9. Comparative analysis between counterflow and crossflow cooling tower

3.10. Key upcoming markets for cooling sector

3.10.1. Data centers

3.10.2. District cooling

3.11. Industry impact forces

3.11.1. Growth drivers

3.11.1.1. America's

3.11.1.1.1. Growing manufacturing sector

3.11.1.2. Europe

3.11.1.2.1. Increasing utilization of cogeneration technology

3.11.1.3. Asia Pacific

3.11.1.3.1. Robust industrial growth

3.11.1.3.2. Growing investments toward generation capacity addition

3.11.1.4. Middle East & Africa

3.11.1.4.1. Changing climatic condition

3.11.2. Industry pitfalls & challenges

3.11.2.1. Biological contamination

3.12. Growth potential analysis

3.13. Degree of competition

3.13.1. North America

3.13.2. Europe

3.13.3. Asia Pacific

3.13.4. Middle East & Africa

3.13.5. Latin America

3.14. Porter's analysis

3.15. Competitive landscape, 2018

3.15.1. Company market share, 2018

3.15.2. Strategy dashboard

3.15.2.1. Hamon & Cie (International) SA

3.15.2.2. SPX Cooling Technologies

3.15.2.3. ENEXIO

3.15.2.4. Baltimore Aircoil Company

3.15.2.5. Evapco

3.15.2.6. Delta Cooling Towers

3.15.2.7. International Cooling Towers

3.16. PESTEL analysis

Chapter 4. Cooling Tower Market, By Product

4.1. Cooling tower market share by product, 2018 & 2025

4.2. Evaporative/ Wet

4.2.1. Market estimates and forecast, 2014-2025

4.3. Dry

4.3.1. Market estimates and forecast, 2014-2025

4.4. Hybrid

4.4.1. Market estimates and forecast, 2014-2025

Chapter 5. Cooling Tower Market, By Technology

5.1. Cooling tower market share by technology, 2018 & 2025

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Related Report:

Global Hybrid Industrial Cooling Tower Market Research Report 2019

The cooling tower is a device that USES water as a circulating coolant to absorb heat from a system and discharge it into The atmosphere to lower The water temperature. The HVACR application is estimated to register the highest CAGR between 2017 and 2022 among all the applications.
https://www.marketstudyreport.com/reports/global-hybrid-industrial-cooling-tower-market-research-report-2019?utm_source=RR-SP

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