Global Heat Exchanger Market, Update 2019 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2023
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
Air Cooled Heat Exchanger
Application Overview, 2015-2025 (USD Million)
Petrochemical and Oil & Gas
Food & Beverage
Paper and Pulp
Regional Overview, 2015-2025 (USD Million)
Rest of Europe
Rest of APAC
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.
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
This release was published on openPR.
Permanent link to this press release:
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 Global Heat Exchanger Market, Update 2019 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2023 here
News-ID: 1800156 • Views: 175
More Releases from Adroit Market Research
Anti-Aging Products Market Scenario & Industry Outlook 2019-2025 | Allergan Plc, …
The global anti-aging products market size is estimated to reach up to USD 257.9 billion by 2025 mainly driven by rising awareness, demand and adoption from growing baby boomers and generation X population across the globe. However, the anti-aging products are costly compared to other beauty products which is a primary restraining factor in the growth of the anti-aging products market. In addition, the presence of counterfeit products and the
Baby Infant Formula Market - Global Growth Data Analysis by 2020-2025 | Frieslan …
The global baby infant milk formula market size is projected to be valued USD 82.31 billion by 2025, driven by the rising trend of a rising number of mothers entering the workforce leading to an increasing need for breastfeeding substitutes for adequate infant nutrition worldwide. Also, growing sales of premium nutrition products on the back of higher birth rates in developing economies to drive the global baby infant formula market
United States Transportation Management Systems Market 2020 Global Analysis Tren …
The US Transportation Management Systems market was valued at USD 4.09 billion in 2018. The market is primarily driven by exceptional growth of e-commerce in the US which subsequently surged online purchase and raised retail sales. To respond to this e-commerce adoption, distributors, retailers, and manufacturers recognized the importance of robust TMS for managing customer expectations and keeping fulfillment and delivery costs in check. Besides that, higher demand for ‘software
Solar Energy Market 2020-2025 Global Analysis & Opportunity Assessment | Abengoa …
The global solar energy market size is projected to attain a valuation of USD 222.41 billion by 2025, due to increasing installations of solar PV to address the mounting environmental concerns arising out of the intensified carbon emissions, globally. Another major factor driving the market is the declining prices of solar photovoltaic (PV) systems that have reduced the cost of producing solar power. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/231 Increasing
More Releases for Heat
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 Automotive Heat Shield Market
The management of heat is becoming complex with the growing number of temperature-sensitive and sophisticated components in modern vehicles that have to be protected from heat. The demand of heat shielding technology has been increasing along with the number of applications in automotive industry. Minimal cooling air flows, tightly packed components, engine encapsulation, exhaust gas turbochargers and catalytic converter technology result in high temperatures within the area of the underbody,
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 Heat Pumps Market 2017 - Vaillant , Trane, Thermia Heat Pumps
The report entitled Global Heat Pumps Market 2017 presents key insights into the global Heat Pumps market along with the latest up-to-date industry details and forthcoming Heat Pumps industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Heat Pumps Market 2017" is to study comprehensive details of the market
Geothermal Heat Pumps Market’s Key Threat: Air Source Heat Pumps
The global geothermal heat pumps market is driven by the rising focus of consumers on low-cost energy alternatives. Furthermore, the significant cost savings along with the environmental benefits associated with geothermal heat pumps will also drive the market. The attractive payback period associated with the installation of geothermal heat pumps in newly-built or green homes is also propelling the global geothermal heat pumps market. Another key factor driving the global
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire