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Heat Exchanger Market Worth $33.01 Billion by 2026 | Industry Players: Alfa Laval AB, Hughes Anderson, Kelvion Holdings GmbH, Koch Heat Transfer Co., SPX Corporation, HRS Heat Exchangers Ltd., and others

The global Heat Exchanger Market is anticipated to reach USD 33.01 billion by 2026 according to a new study published by Polaris Market Research. Heat exchanger is a very dynamic industry concerning raw materials, equipment manufacturing and end-use industries. A heat exchanger primarily works on the principle of convection and conduction for making transfer of thermal energy in the required processes. New technological developments and increased demand for energy-efficiency in almost every industrial and commercial sector around the globe has been a force majeure for the global heat exchangers market.

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This industrial equipment is available of different types such as shell & tube, plate & frame, graphite and other heat exchangers types. Each type of heat exchanger includes its own set of pros and cons and is generally compared on the basis of purchase cost, installation cost, operating cost, and maintenance cost. Some of the primary criteria for choosing a particular type of heat exchanger includes operating pressure & temperature, application, available utilities, characteristics of the fluids, plot plan & layout constraints, considerations for future expansions, and mechanical considerations.

The global market has significantly evolved around the technological efficiency of the products, their raw materials and government initiatives for energy efficiency across the world. The change in consumer preference towards utilization of energy-efficient products, buildings and construction has also played a significant part in this gain.

Manufacturing practices in chemicals & petrochemical plants and up gradations of plants and facilities has also resulted in reduced carbon emissions contributing to the global climate mandates. Reduction of volatile organic compounds in environment and specific regulations adopted specifically in European, American and Asian countries such as China has greatly affected the sustainability factor.

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The heat exchanger market has also evolved in terms of advanced & innovative products for better & sustainable thermal efficiency in many operating utilities such as power generation by making use of renewable sources.

Asia Pacific industry is projected to be the largest market for the equipment sale in terms of revenue and volume both. The shift from western industrialization to the Asia Pacific has been the primary factor for driving this regional industry. The business operators or primarily the manufacturers have become increasingly and exceptionally globalized to make out higher value for cost and, simultaneously, compete to fulfill the rapidly emerging expertise in the Asian market. North America is yet another potential market with an established manufacturing base.
The industry is highly fragmented in nature with many significant market players worldwide. Some of the global key manufacturers include Alfa Laval AB, Hughes Anderson, Kelvion Holdings GmbH, Koch Heat Transfer Co., SPX Corporation, HRS Heat Exchangers Ltd., Xylem Inc., AOI Heat Transfer Inc., and Hindustan Dorr-Oliver Ltd.

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• Heat Exchanger Construction Material Estimates & Trend Analysis

o Heat exchanger construction material type analysis & market share, 2017 & 2026
o Global heat exchanger market estimates and forecasts by material of construction, 2015 - 2026
 Carbon Steel
• Global carbon steel made heat exchanger market estimates and forecasts by, 2015 - 2026
 Stainless Steel
• Global stainless steel made heat exchanger market estimates and forecasts by, 2015 - 2026
 Nickel
• Global nickel made heat exchanger market estimates and forecasts by, 2015 - 2026
 Other materials
• Global other material made heat exchanger market estimates and forecasts by, 2015 - 2026

• Graphite Heat Exchanger Estimates & Trend Analysis

o Graphite heat exchanger type analysis & market share, 2017 & 2026
o Global graphite heat exchanger market estimates and forecasts, 2015 - 2026
 Cubic heat exchangers (Graphite)
• Global graphite cubic heat exchanger market estimates and forecasts, 2015 - 2026
 Graphite Block Heat Exchangers
• Global graphite block heat exchanger market estimates and forecasts, 2015 - 2026
 Polytube Graphite Shell & Tube Block Heat Exchangers
• Global poly graphite shell & tube block heat exchanger market estimates and forecasts, 2015 - 2026

• Heat Exchanger Application Estimates & Trend Analysis

o Heat exchanger application analysis & market share, 2017 & 2026
o Global heat exchanger market estimates and forecasts, by application, 2015 - 2026
 Pulp & Paper
• Global heat exchanger market estimates and forecasts for pulp & paper industry, 2015 - 2026
 Automotive
• Global heat exchanger market estimates and forecasts for automotive industry, 2015 - 2026
 Healthcare
• Global heat exchanger market estimates and forecasts for healthcare industry, 2015 - 2026
 Chemical
• Global heat exchanger market estimates and forecasts for chemical industry, 2015 - 2026
 Electronics
• Global heat exchanger market estimates and forecasts for electronics industry, 2015 - 2026
 Petrochemicals and Oil & Gas
• Global heat exchanger market estimates and forecasts for petrochemicals and oil & gas industry, 2015 - 2026
 Food & beverage
• Global heat exchanger market estimates and forecasts for food & beverage industry, 2015 - 2026
 HVACR
• Global heat exchanger market estimates and forecasts for HVACR industry, 2015 - 2026
 Other industries
• Global heat exchanger market estimates and forecasts for other industries, 2015 - 2026

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Contact us-

Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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