Heat Exchanger Market Overview 2019-2025 | Key Players - Alfa Laval AB, Hughes Anderson Heat Exchangers Inc., Kelvion Holdings GmbH, API Heat Transfer, Inc., and Xylem Inc.
The heat exchanger market is poised for solid growth over the next seven years with its market size likely to exceed $26 billion by 2025, said a new study by Adroit Market Research. The heat exchanger industry is driven by its huge demand in various end-use industries.The report covers the global heat exchanger market analysis for the current scenario as well as the growth prospects. The report details heat exchangers market by type and applications as well as focusses on the current market trends, competition, and dynamics including drivers, restraints and opportunities.
Get PDF sample copy of Heat Exchanger Market Report at: https://www.adroitmarketresearch.com/contacts/request-sample/539
The report also provides a detailed analysis of plate heat exchangers market share, key strategies adopted by industry participants, Porter’s Five Forces Analysis and value chain analysis for better decision making. Plate & frame heat exchangers market has been discussed in detail in terms of its demand impacted by different end-use industries and macroeconomic indicators for key geographical markets.
Rapid energy infrastructure expansion coupled with the growing emphasis on lowering heat energy costs in industries by increasing energy efficiency are some of the key market drivers for the growth of the global heat exchanger market.
Heat exchangers market share varies with regions owing to significant investments in the chemical, petrochemical, hear ventilation air-conditioning & refrigeration (HVACR), food & beverage and power generation. The rapid growth of process and discrete industries and their manufacturing operations globally are expected to expand the market growth. Rising demand for HVAC equipment in developing economies such as India and China significantly contribute to the demand over the forecast period. Other driving factors include heavy investments in the marine shipbuilding market, which has also catered to increased demand for heat exchangers.
In 2017, plate & frame heat exchangers market accounted for approximately 25% of the global heat exchanger market share. Plate & frame heat exchangers are further segmented into gasketed, brazed and welded heat exchangers. Plate heat exchangers are widely used in the processing of oil & natural gas such as refining, processing, transportation and storage. Additionally, these heat exchangers maintain temperature changes in natural gas, liquefaction plants and manufacturing industries and are expected to pose a lucrative opportunity for market growth over the next few years.
Browse complete Global Heat Exchanger Market Report at: https://www.adroitmarketresearch.com/industry-reports/heat-exchanger-market
Chemical application segment is expected to rise with a fast-paced CAGR of 5.5% over the forecast period. The chemical industry involves a series of processes such as heating, cooling, condensation, evaporation and separation. These processes undergo massive heat recovery occurring through cooling and heating of acids, caustic solutions and water solutions. This has led to an increased demand for heat exchangers in the chemical industry and therefore acts as one of the key driving factors for the growth of this application segment. Also, rising consumer purchasing power, particularly in developing countries of Asia Pacific and Latin America, is driving demand for chemicals and the products made from them.
Asia Pacific is projected to be the leader within the global heat exchangers market and maintain its prominence over the forecast period. Immense investments in the renewable energy sector have catered to massive growth opportunities for heat exchangers in this region. Increasing industrial activities in developing Asian countries such as China and India further leads to the adoption of better energy-saving equipment.
The global heat exchangers market is witnessing fierce competition owing to the presence of a large number of players. Companies such as Alfa Laval AB, Hughes Anderson Heat Exchangers Inc., Kelvion Holdings GmbH, API Heat Transfer, Inc., and Xylem Inc. are some of the leading industry players in the global heat exchanger market.
Key segments of the Global Heat Exchanger Market
Type Overview, 2015-2025 (USD Million)
Shell and Tube Heat Exchanger
Plate & Frame Heat Exchanger
Gasketed
Brazed
Welded
Air Cooled Heat Exchanger
Cooling Towers
Others
Application Overview, 2015-2025 (USD Million)
Chemical
Petrochemical and Oil & Gas
HVACR
Food & Beverage
Paper and Pulp
Others
Regional Overview, 2015-2025 (USD Million)
North America
S.
Canada
Europe
France
UK
Germany
Italy
Spain
Rest of Europe
Asia Pacific
India
Japan
China
Rest of APAC
Latin America
Brazil
Rest of Latin America
Middle East & Africa
Enquire for buying Global Diatomite Market Report at: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/539
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Heat Exchanger Market Overview 2019-2025 | Key Players - Alfa Laval AB, Hughes Anderson Heat Exchangers Inc., Kelvion Holdings GmbH, API Heat Transfer, Inc., and Xylem Inc. here
News-ID: 1616096 • Views: …
More Releases from Adroit Market Research
Subscription and Billing Management Market Analytical Overview and Growth Opport …
A sort of software called subscription and billing management is used to speed up the payment process for companies that provide subscription services and depend on recurring payments. Subscription and billing management solutions automate the billing procedure to lower the possibility of errors, increase client satisfaction, and give companies access to comprehensive reporting tools. Businesses can customise subscription packages, automate billing, provide customer self-service options, manage subscriptions across various payment…
Smart Office Solution Market Key Players, End User Demand and Analysis Growth Tr …
Innovative technologies called "smart office solutions" are created to optimise and enhance an office space's daily operations. They usually concentrate on automating repetitive processes, improving cooperation and communication, increasing staff productivity and workflow, and offering real-time insights into operational performance. The goal of smart office solutions is to help businesses save money and operate as efficiently as possible. They provide services that include cloud-based document management systems, CRM platforms, enterprise…
Rewards and incentives Market 2023 Growing Rapidly with Modern Trends, Industry …
Rewards and incentives are expressions of appreciation and acknowledgement offered to people or groups to acknowledge their efforts, achievements, or performance. Rewards and incentives have the power to inspire workers, boost engagement, boost morale, and promote constructive behaviour at work. They may be given in the form of monetary awards or non-financial incentives like praise from others, promotions, extra vacation time, or other forms of remuneration. Rewards and incentives are…
Open-Source Intelligence Market Report Covers Opportunities, Industry CAGR, Dema …
The process of gathering and analysing information that is readily accessible to the public to produce intelligence that can be used to guide decisions is known as open-source intelligence (OSINT). Open-source intelligence is used to understand a company's or organization's operating environment, including its rivals, clients, suppliers, and potential threats. It is a technique for gathering intelligence that makes use of easily accessible and widely available data sources like the…
More Releases for Heat
Exclusive Report on Heat Pipe Heat Exchanger Market: Heat Pipe Heat Exchanger Ma …
According to the study published by Evolve business intelligence, “The global Heat Pipe Heat Exchanger market size is expected to reach $ Billion by 2028 growing at the CAGR of 10% from 2021 to 2028. The report provides the reader with a deep-dive understanding of business opportunities, competitor analysis, market size and forecast, go-to-market strategy, and market share. After evaluating the next-gen business analytic report, the reader is directed to…
Heat Exchangers Market 2025 Top Companies - API Heat Transfer Inc., Alfa Laval A …
Heat exchanger are devices responsible for transfer of heat, from one fluid to another and transfer of heat between solid particulates and fluid. These are used in cooling applications, such as in refrigeration and air-conditioners. They are distinguished on the basis of direction of flow of liquids. Therefore, depending on the flow of liquid these exchangers can be parallel-flow, cross-flow, or countercurrent. Moreover, some heat exchangers comprise multiple tubes whereas,…
Heat Exchanger Market By Shell and Tube Heat Exchanger, Plate Heat Exchanger, Re …
Heat Exchanger Market - Overview
Accruing Heat Exchanger Market is progressing with the fast pace; mainly due to its applications across the industries. From Agro-industry (heat exchangers for sugar factories and distilleries) to swimming pools to maintain the water temperatures. Other remarkable applications of Heat Exchangers are Chemical Factories, HVAC and etc.
According to a recent study report published by the Market Research Future, the Global Heat Exchanger…
Moving from heat waste to heat recovery
The project
Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta has recently supplied two heat pumps for Fortum’s district heating in Espoo, Finland. Fortum, a Finnish energy company, will utilize waste heat from a data center and supply the heat into a district heating network. The data center belongs to Ericsson, a multinational networking and telecommunications equipment and services company based in Sweden.
A win-win solution
Ericsson needed more cooling…
Global Heat Pipe Heat Exchanger Market Research Report 2017
Summary
This report studies Heat Pipe Heat Exchanger in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Mitsubishi Electric Corporation
Nortek Air Solutions
Munters Corporation
Greenheck
RenewAire
DRI Innovative Air Solutions
Reznor
Zehnder America
Ruskin Rooftop System
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth…
Global Smart Heat Meter Sales Market Size, Shares, Forecast Report 2017: Mechani …
Sales, means the sales volume of Smart Heat Meter
Revenue, means the sales value of Smart Heat Meter
This report studies sales (consumption) of Smart Heat Meter in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Diehl
Kamstrup
Sensus
Stream Measurement
Engelman
Vital Energi
Landis+Gyr
Itron
Ista
Qundis
Zenner
Sontex
Plou
MetInfo
Runa
Guangdaweiye
Haifeng
Market Segment by Regions, this report splits Global into several key Regions,…