Frost & Sullivan: Heat Exchanger Technologies Witness Strong Uptake on the Back of Growing Awareness of Energy Conservation

Offering enhanced thermodynamic properties will help manufacturers sustain in this marketplace

MOUNTAIN VIEW, Calif. – Nov. 29, 2011 – Although no significant developments have taken place in the field of heat exchangers, various improvements have been observed in aspects such as material or working fluid selection, design and distribution. Cumulatively, such incremental changes have intensified the spotlight on energy efficiency and energy conservation. With growing awareness of energy consumption and the widening gap between energy generation and consumption, steps have been taken to improve performance of existing heat exchangers, especially in heating, ventilation and air conditioning (HVAC) applications. For instance, replacing aluminum tubes with copper could help reduce the overall cost of the heat exchanger without significantly affecting its thermodynamic performance.

Stand-alone polymer substrates and polymer-coated metal substrates subjected to drop-wise condensation could be used in many heat transfer applications such as compact polymer heat exchangers, contact lenses and thermal enclosures for horticulture applications for enhanced heat transfer.

New analysis from Frost & Sullivan’s (http://www.technicalinsights.frost.com) Trends in Heat Exchanger Technologies research finds that the market is very mature and heavily dependent on end-user requirements as they change with industries and applications.

If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

“Heat exchangers are predominantly used by various industries such as chemical, petrochemical, and oil and gas; food and beverage; HVAC and refrigeration; power generation; marine; and mining, and so on,” said Technical Insights Senior Research Analyst Avinash Iyer. “High demand in these industries has created a proportionate increase in demand for heat exchangers.”

Despite steady market traction, there are some aspects clouding its landscape. The supply of raw materials such as copper and aluminum has not been in tandem with the growing requirement of heat exchangers commissioned in end-user industries. Industrial communities have found this a major challenge while catering to the demanding market. This could be partially corrected by growth in the repair market and use of alternative materials.

It is extremely important to have heat exchangers that are resistant to scales as they help increase the product lifespan. Otherwise, repair and upgradation of heat exchanger parts will limit the product’s life span.

Most heat exchangers suffer from corrosion and scaling due to prolonged usage of working fluids. In the long run, it would be detrimental for end-users as heat transfer efficiency could be reduced and maintenance costs could increase. Employing novel methodologies such as back flashing could offset this by reducing the deposition of sediments in the tubes.

The two important deciding factors for choosing a heat exchanger are technology maturity and technology capability. They predominantly influence the effectiveness of heat exchangers in various operations. It would be ideal for a heat exchanger to have appreciable technological capability backed with enhanced thermodynamic properties to have a relatively higher competitive advantage.

“In view of the trend toward energy conservation and energy efficiency, heat exchanger manufacturers should upgrade their products to sustain and grow in the commercial market,” concludes Iyer. “This could be achieved by employing novel materials such as titanium and stainless steel to enable optimized heat transfer.”

Trends in Heat Exchanger Technologies, a part of the Technical Insights subscription, provides an analysis of heat exchanger technologies that have a significant impact on industrial operations. Further, this research service includes detailed technology analysis and industry trends evaluated following extensive interviews with market participants.

Frost & Sullivan’s Technical Insights research group is an international technology analysis business that produces a variety of technical news alerts, newsletters and research services.

Trends in Heat Exchanger Technologies
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Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
F: 210.348.1003
E: britni.myers@frost.com

http://www.frost.com
http://www.technicalinsights.frost.com

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Contact:
Britni Myers
210-477-8481
britni.myers@frost.com

This release was published on openPR.