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What's driving the Heat Exchanger Market trends?SPX Flow, Kelvion, Xylem, IHI, Thermowave, SWEP, Hisaka, THT, Accessen Group, Hitachi Zonsen, Doosan, Shandong Beichen Electromechanical, Lanpec, Larsen & Toubro

Heat Exchanger Market

Heat Exchanger Market

Global Market Insights, Inc. has launched a report on Heat Exchanger Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Heat Exchanger Market is anticipated to exceed USD 13 billion by 2025. Growing demand for centralized cooling & heating systems across the residential and commercial sectors will propel the deployment of heat transfer equipment. Increasing utilization of Waste Heat Recovery Systems (WHRS) across industrial facilities along with shift in the regulatory landscape to reduce carbon emissions will further entail the product deployment.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

• Larsen & Toubro
• Thermofin
• Lanpec
• Kelvion
• Southern Heat Exchanger
• Danfoss
• Wessels
• Vahterus
• Doosan
• Koch
• Alfa Laval
• Shangdong Beichen
• Accessen Group
• Hitachi Zonsen
• Xylem
• SPX-Flow
• Hisaka Works

Stringent government mandates to reduce carbon footprint along with robust industrial sector growth will boost the heat exchanger market growth. Introduction of emission reduction targets across key developing economies with an aim to counter the adverse impact of global warming has resulted in increasing investments toward replacement of process equipment. Moreover, rising focus toward generating capacity addition coupled with positive outlook for chemical sector will complement the business landscape.

Middle East & Africa heat exchanger market is predicted to expand over 7% by 2025. Rising investments from financial institutions, most notably the African Development Bank, in order to thrust the industrialization rate accompanied by resurgent economic growth will stimulate business expansion. Lucrative Oil & Gas sector across the region coupled with positive outlook toward expansion and development of the manufacturing units will further strengthen the product adoption in coming years.

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Shell & tube heat exchanger market is set to witness robust growth owing to the product's ability to offer high efficiency, reduced cost, and lower pressure drop. Moreover, sizeable investments aimed at the expansion and modernization of chemical production units along with rising adoption of WHRS across industrial sector will augment the business growth. Oil & Gas, primary metal manufacturing, electric power plants and food processing are few key application areas where this equipment are deployed.

Rising government focus toward upgradation and development of new industrial centers coupled with expansion of existing manufacturing units will drive the China heat exchanger market. At present, the country accounts for over 40% of the global manufacturing value added and is rapidly emerging as a manufacturing hub. Increasing investment across metallurgy, chemical and Oil & Gas sectors coupled with rising urbanization rate will stimulate the industry growth.

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Heat exchangers find prevalent applications across power generation, food & beverage, centralized heating & cooling, refining, chemical, and petrochemical industries amongst others. Rising focus toward energy optimization across food processing industry along with ongoing technological innovation to offer economically viable heat transfer solutions will stimulate the heat exchanger market growth.

Key industry participants operating across the heat exchanger market comprise Larsen & Toubro, Thermofin, Lanpec, Kelvion, API, Southern Heat Exchanger, KNM, Danfoss, Wessels, Vahterus, Doosan, Koch, FUNKE, Alfa Laval, Shangdong Beichen, THT, HRS, Accessen Group, Hitachi Zonsen, Xylem, SPX-Flow, IHI, Hisaka Works, SWEP and Thermowave amongst others.

Partial Table of Contents (ToC) of the report:

Chapter 4 Heat Exchanger Market, By Technology

4.1 Heat exchanger market share by technology, 2018 & 2025

4.2 Shell & Tube

4.2.1 Global market from shell & tube, 2014 – 2025

4.2.2 Global market from shell & tube, by region, 2014 – 2025

4.3 Plate

4.3.1 Global market from plate, 2014 – 2025

4.3.2 Global market from plate, by region, 2014 – 2025

4.4 Air Cooled

4.4.1 Global market from air cooled, 2014 – 2025

4.4.2 Global market from air cooled, by region, 2014 – 2025

4.5 Others

4.5.1 Global market from others, 2014 – 2025

4.5.2 Global market from others, by region, 2014 – 2025

Chapter 5 Heat Exchanger Market, By Application

5.1 Heat exchanger market share by application, 2018 & 2025

5.2 Oil & Gas

5.2.1 Global market from oil & gas, 2014 – 2025

5.2.2 Global market from oil & gas, by region, 2014 – 2025

5.3 Chemical

5.3.1 Global market from chemical, 2014 – 2025

5.3.2 Global market from chemical, by region, 2014 – 2025

5.4 Power Generation & Metallurgy

5.4.1 Global market from power generation & metallurgy, 2014 – 2025

5.4.2 Global market from power generation & metallurgy, by region, 2014 – 2025

5.5 Marine

5.5.1 Global market from marine, 2014 – 2025

5.5.2 Global market from marine, by region, 2014 – 2025

5.6 Mechanical Industry

5.6.1 Global market from mechanical industry, 2014 – 2025

5.6.2 Global market from mechanical industry, by region, 2014 – 2025

5.7 Central Heating & Refrigeration

5.7.1 Global market from central heating & refrigeration, 2014 – 2025

5.7.2 Global market from central heating & refrigeration, by region, 2014 – 2025

5.8 Food Processing

5.8.1 Global market from food processing, 2014 – 2025

5.8.2 Global market from food processing, by region, 2014 – 2025

5.9 Others

5.9.1 Global market from others, 2014 – 2025

5.9.2 Global market from others, by region, 2014 – 2025

Related Report:
Instrument Transformer Market By Product (Current {Wound, Closed}, Potential {Electromagnetic, Capacitor}), By Winding (Two winding, Auto-transformer), By Installation (Outdoor, Indoor), By Cooling (Dry type {Self-air, Air blast}, Oil immersed {Self cooled, Water cooled, Forced oil}), By Insulation (Gas, Oil, Solid, Air), By Phase (Three, Single), By Rating (≤ 250 kV, 251 to 500 kV, > 500 kV), By Mounting (Pad, Pole, PC/PCB), By Application (Residential & Commercial {Education, Healthcare, Societies}, Utility, Industrial {Railways, Cement, Power, Oil & Gas}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, France, Russia, UK, Italy, Spain, Netherlands, Austria, Denmark, Sweden, China, Japan, South Korea, India, Australia, New Zealand, Malaysia, Indonesia, Saudi Arabia, UAE, Qatar, Egypt, South Africa, Nigeria, Kuwait, Oman, Israel, Turkey, Brazil, Peru, Argentina) Price Trends, Competitive Market Share & Forecast, 2019 – 2025

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

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