Press release
Chillers Market Expected to Deliver Dynamic Progression until 2028(On the basis of Compressor Type, the Chillers market can be segmented into: Screw chiller Centrifugal chiller Scroll chiller Reciprocating chiller Absorption chiller)
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.In addition to frozen food, chillers are widely used in the plastics manufacturing. They are largely used in rapidly cooling hot plastics that are injected, extruded, stamped or blown. This is in sync with the plastic industry, which has witnessed renascent growth since the past years, particularly plastics gaining high traction in the FMCG sector. Rising proliferation of chillers in the growing plastics industry has had a profound impact on sales of chillers, in turn aiding the growth of their market worldwide.
Pervasiveness of chillers across various end use applications coupled with rising advancements in technology have led to the development of IoT (Internet of Things) based chillers. For instance, Pro Chiller Systems have developed new IoT powered chillers that enable data visualizations via customized dashboard. IoT powered chillers can facilitate efficient monitoring and control for various industrial applications, making them a trending novelty in the chillers market.
Request Free Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=554
Global Chillers Market: Introduction
Chillers eliminate heat from the liquid through vapor compression and are used widely in the industrial and commercial sector to maintain equipment temperature for better performance. The liquid is circulated through a heat exchanger or any other process, such as air or process water, to cool the equipment. These devices are used in a wide area, such as industries, homes, offices, etc. Chillers find applications in new housing developments and commercial sectors. Chillers can primarily be classified as, namely, absorption chillers and refrigerant compression chillers. Absorption chillers are the fastest growing type of chillers, globally. Chillers find applications in plastics industry for cooling the hot plastic that is injected, extruded and blown; in brewery industry for cooling of kettles in fermentation; in printing industry for cooling warm rollers; in laser cutting industry; in medical industry for cooling the MRI units; in HVAC industry to maintain desired temperature in the high rise buildings.
Global Chillers Market: Dynamics
The increasing requirement of cooling equipment in the industrial units is the primary driver for the chillers market. The demand for chillers has seen continuous growth globally during the last few years. Rapid urbanization and increasing industrialization have sustained the demand for chillers. Substantial economic transformation owing to rapid industrialization and commercialization is anticipated to drive the chillers market further throughout the forecast period.
Owing to the substantial consumption of frozen food, chillers have become the most prevalent choice for cooling effect, which, in turn, is driving the growth of the global chillers market. Rapid urbanization and rising disposable income will further foster the demand for chillers. As rising demand for green building projects is being observed, growing concerns regarding machines to maintain room temperature will create growth opportunities for chillers during the forecast period.
Key measures being taken for energy conservation to meet increasing demand for energy efficient cooling systems will create growth opportunities in the chillers market. Rising demand for cost-efficient cooling systems in the industrial sector is anticipated to further foster the growth of the chillers market. However, stringent government regulations regarding, greenhouse effects, in different parts of the world, owing to the use of chemicals in the chillers for refrigeration process might act as a restraint to the chillers market.
The major concerning factors for the end-use industries are energy and operational cost minimization, the maintenance cost of equipment and, to increase the product lifespan. This factors are anticipated to be achieved with the increasing research and development in upgrading energy-efficient solutions, introducing sustainable technologies and, adopting advanced cooling systems, which is a trend, observed in the market.
Request/View TOC@ https://www.factmr.com/connectus/sample?flag=T&rep_id=554
Global Chillers Market: Segmentation
On the basis of Compressor Type, the Chillers market can be segmented into:
Screw chiller
Centrifugal chiller
Scroll chiller
Reciprocating chiller
Absorption chiller
On the basis of Capacity, the Chillers market can be segmented into:
700 kW
On the basis of Heat Rejection Method, the Chillers market can be segmented into:
Air cooled
Water cooled
Absorption
On the basis of Refrigerant Type, the Chillers market can be segmented into:
R22
R407C
R134A
R410A
Others
On the basis of End-user, the Chillers market can be segmented into:
Rubber industry
Food and beverage industry
Plastic industry
Medical and pharmaceutical industry
Chemicals and petrochemicals industry
Others
Global Chillers Market: Region-wise Outlook
China and U.S. are anticipated to dominate the chillers market, in terms of value. In the Asia Pacific, Vietnam, China and Thailand have seen major growth for chillers market owing to a small number of huge projects, mainly supplied by centrifugal chillers. In China, the demand for chillers is seen from energy plants, hospitals, schools, and telecommunications. Energy efficiency is the main driver for the chillers market in India. Airports and shopping malls are the major end-users for chillers in Indonesia. The Middle East and Africa region are anticipated to have moderate growth, while, in Europe, U.K. is anticipated to be the fastest growing for chillers market owing to the replacement of R22 refrigerants, and use of chillers in high rise office buildings and, airports.
Global Chillers Market: Market Participants
Examples of some of the market participants in the global Chillers market are
Daikin Industries
Johnson Controls
Trane Inc.
Carrier Corporation
Thermax Limited
GEA Group
Broad Group
Dunham Group
Smartd Chiller Group Inc.
Thermal care Inc.
SKM Air Conditioning
Others
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
South East Asia and Pacific (India, ASEAN, Australia & New Zealand)
China
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Report Analysis@ https://www.factmr.com/report/554/chillers-market
About US
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
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 Chillers Market Expected to Deliver Dynamic Progression until 2028(On the basis of Compressor Type, the Chillers market can be segmented into: Screw chiller Centrifugal chiller Scroll chiller Reciprocating chiller Absorption chiller) here
News-ID: 1719382 • Views: …
More Releases from Fact.MR

Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…

Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…

Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…

Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Chiller
Chiller Portable AC Reviews: Do Not Buy Chiller Portable Ac Until You Read This!
Chiller Portable AC is an innovative and groundbreaking technology that is set to revolutionize the way we experience and enjoy chilling beverages. Developed by a team of brilliant engineers and designers, Chiller Portable AC combines cutting-edge features and advanced cooling techniques to provide an unparalleled chilling experience.
With Chiller Portable AC, chilling your favorite beverages becomes faster, more efficient, and more convenient than ever before. This next-generation chilling system boasts state-of-the-art…
Chiller Portable Ac Reddit Reviews - Is Chiller Portable AC legit? Read Chiller …
With the scorching heat of summer just around the corner, finding effective ways to stay cool is of paramount importance. While traditional fans can provide some relief, they might not be sufficient when temperatures rise above 30ºC. That's where portable air conditioners come into play, and one affordable option that stands out is the Chiller Portable AC.
Unlike ordinary electric coolers or fans, the Chiller Portable AC takes cooling technology to…
Aquarium Chiller Market study on Aquarium Chiller to boost the revenue over the …
The report presented here prepares market players to achieve consistent success while effectively dealing with unique challenges in the global Aquarium Chiller market. The analysts and researchers authoring the report have taken into consideration multiple factors predicted to positively and negatively impact the global Aquarium Chiller market. The report includes SWOT and PESTLE analyses to provide a deeper understanding of the global Aquarium Chiller market. All of the leading companies…
Chillers Market with Current Trends Analysis, 2018 to 2028(Chillers market can b …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Research Report and Overview on Chillers Market,2018 to 2028(On the basis of Com …
Fast pace of modern lifestyle has induced significant transitions apropos of eating habits. Consumers are more inclined toward frozen foods, given its convenience in carrying and cooking. That said, efficient freezing activity is essential in order to avoid microbe penetration in food products. This has led to the use of chillers in the frozen food space, which is a key growth propeller for chillers market.
In…
Global Portable Fluid Chiller Market
Portable Fluid Chiller Market: Drivers and Restraints
The global portable Fluid Chiller market is expected to grow at a significant CAGR due to the increasing demand from various end-use industries for low and ultra-low temperature as well as process cooling. The growing preference from various end-use industries such as automotive, chemical processing, semiconductor, etc. is expected to create significant demand for portable fluid chiller market over the forecast period. The growth…