openPR Logo
Press release

Heat Exchanger Market Showing Massive Opportunity, growing at a 5.3% to Reach $25.9 Billion by 2030

10-26-2022 12:35 PM CET | Industry, Real Estate & Construction

Press release from: Strategic Market Research

Heat Exchanger Market Showing Massive Opportunity, growing at

The global heat exchanger market worth in 2021 was USD 16.32 billion, and by 2030 it will reach USD 25.9 billion, growing at a 5.3% CAGR during 2021-2030. Heat exchangers are tools for transferring thermal energy from one fluid to another without combining the two fluids. In order to prevent mixing, the fluids are typically separated by a solid wall with high thermal conductivity, though they may also be in direct contact.

Heat Exchanger Market Insights:
• In 2021 the shell & tube segment held a significant position with a revenue share of 35.8% On the basis of product.
• The chemical & petrochemical segment held the maximum revenue share of approximately 22.7% in 2021 on the basis of end-use.
• Europe ruled the overall heat exchanger market, with a market share of nearly 32.1% in 2021.

Make a Direct Purchase of the latest Heat Exchanger Market Report published in the month of Sep-2022. Click the below link to initiate the purchase:
https://strategicmarketresearch.com/buy-now/heat-exchangers-market

Factors influencing the Heat Exchanger Market growth:
The efficient utilization of waste heat produced by various industries has become more important as the need for sustainable energy development grows, boosting the heat exchanger industry forward. Heat exchanger demand is driven by increased residential and commercial construction activity and rapid industrial growth, particularly in emerging economies. Additionally, global capacity expansions in various end-use sectors, such as oil and gas, chemicals, and power generation, among others, are contributing to industry growth. Positive government initiatives and technological innovations are expected to drive industry growth over the forecast period.

To get a first-hand overview of the report, Request a Sample at:
https://strategicmarketresearch.com/request-sample/heat-exchangers-market

Heat Exchanger Market Segmentation
The worldwide Heat Exchanger Market segmentation has been performed on the basis of product type, end-user, and region.

By Product Type:
• Air-Cooled
• Shell and Tube
• Plate and Frame
• Frame Heat Exchanger & Gasketed Plate
• Frame Heat Exchanger & Welded Plate
• Frame Heat Exchanger & Brazed Plate
• Microchannel Heat Exchanger
• Other Types

By End-user
• Power Generation
• Oil and Gas
• Pulp & Paper
• Chemical and Petrochemical
• HVAC and Refrigeration
• Food and Beverage Industry
• others

By Region
North America
• Canada
• Mexico
• United States

Europe
• Germany
• France
• Italy

Asia Pacific
• Japan
• India
• China

Central & South America
• Brazil

Middle east & Africa
• UAE
• Saudi Arabia

In 2021, Europe ruled the market and contributed for 32.1% of the market share. The demand for these products in the HVAC & refrigeration industry is anticipated to increase with rising public and private infrastructure investments. Additionally, it is anticipated that the demand for heat exchangers that offer improved efficiency, greater durability, and reduced fouling will rise from a number of end-use industries during the forecast period.

During the forecast period, Asia Pacific heat exchanger demand will grow at a 6.2% CAGR. Rapid industrialization and increasing investment in commercial, manufacturing, and industrial projects in Asia Pacific's developing nations has contributed to the region's overall growth in the heat exchangers market.

Before initiating a purchase, make a Pre-order inquiry and get a detailed overview of the content of the report: https://strategicmarketresearch.com/pre-order-enquiry/heat-exchangers-market

Key players in Heat Exchanger Market:
• Mersen
• Boyd Corporation
• Johnson Controls
• Danfoss AS
• General Electric Company
• Kelvion Holdings GmbH
• Hisaka Works LTD
• Exchanger Industries Limited
• Alfa Laval AB
• XYLEM
• API Heat Transfer

To Know More Visit:
https://www.strategicmarketresearch.com/market-report/heat-exchangers-market

Contact Us:
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
Blog: https://www.strategicmarketresearch.com/blog
Blog: https://www.strategicmarketresearch.com/blogs/metaverse-statistics
Press Release: https://www.strategicmarketresearch.com/press-releases

Related Reports:
https://www.globenewswire.com/en/news-release/2022/06/13/2460850/0/en/Collaborative-Robots-Market-worth-1671-Million-by-2028-with-a-CAGR-of-15-2.html

https://www.globenewswire.com/en/news-release/2022/05/20/2447553/0/en/Compression-Therapy-Market-is-forecasted-to-reach-up-to-USD-4-71-Billion-by-2030-with-a-CAGR-of-5-2-Below-are-the-key-statistics-provided-on-this-market-post-Covid-19.html

https://www.globenewswire.com/en/news-release/2022/05/25/2450564/0/en/Soft-Tissue-Repair-Market-to-reach-22-84-billion-in-2030-with-a-CAGR-of-6-81-announces-Strategic-Market-Research.html

26, Broadway, Suite 934, New York, 10004

Strategic Market Research facilitates organizations globally in taking pivotal business decisions by furnishing Syndicated and Customized Research Reports, which are highly precise in terms of market numbers. We believe that every firm, whether it is a startup that is in the Introduction stage of the Product Life cycle or an established one that is in the growth stage, requires market research services in order to streamline its key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis, or new geographical penetration and expansion.

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 Heat Exchanger Market Showing Massive Opportunity, growing at a 5.3% to Reach $25.9 Billion by 2030 here

News-ID: 2778177 • Views:

More Releases from Strategic Market Research

Metaverse Market - Fiction or Reality? Technology Changes, Action Plan, and Its Impact on Industries
Metaverse Market - Fiction or Reality? Technology Changes, Action Plan, and Its …
The Global Value of the Metaverse Market in 2022 was USD 47.48 billion and will be worth USD 678.80 billion by 2030, growing at a 39.44% CAGR. The Metaverse is a virtual environment that combines mixed reality, Blockchain, augmented reality, and virtual reality. These technologies are utilized to create environments that offer a rich user experience in virtual spaces. Make a Direct Purchase of the latest Metaverse Market Report published
3D Printing Market - A $77.83 Billion Industry Opportunity, Insights on Latest Trends & Forecast (Value & Volume)
3D Printing Market - A $77.83 Billion Industry Opportunity, Insights on Latest T …
The global 3D Printing market in 2021 was $14 billion, and it will reach $77.83 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The method of creating a three-dimensional solid object from a digital file or computer-aided design (CAD) model is known as three-dimensional printing. It is also known as desktop fabrication, additive printing, or additive manufacturing, as the product is built using thin layers of
Metaverse Market Report - $678.80 Billion Industry Opportunity; Growth Scenario and Upcoming Trends
Metaverse Market Report - $678.80 Billion Industry Opportunity; Growth Scenario …
The global Metaverse market in 2022 was worth $47.48 billion and will reach $678.80 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The Metaverse is a digital simulation environment that combines Blockchain, mixed reality, augmented reality, and virtual reality. These technologies create environments that offer a rich user experience in virtual spaces. The term metaverse refers to a highly interactive 3d virtual world obtained using several
Radiotherapy Market Report Growth, Percentage of Patients Receiving Radiation Therapy - Facts & Figures
Radiotherapy Market Report Growth, Percentage of Patients Receiving Radiation Th …
The radiotherapy market in 2021 was $6.50 billion, and it will be worth $10.71billion by 2030 at a 5.71% CAGR from 2021 to 2030. Cancer patients receive radiotherapy, commonly referred to as radiation therapy, to treat their condition by eliminating cancerous cells and shrinking tumors. During radiotherapy, X-rays, gamma rays, and charged particles are often used radiations. The radiation beam can be used externally, internally, or systemically depending on cancer's

All 5 Releases


More Releases for Heat

Exclusive Report on Heat Pipe Heat Exchanger Market: Heat Pipe Heat Exchanger Ma …
According to the study published by Evolve business intelligence, “The global Heat Pipe Heat Exchanger market size is expected to reach $ Billion by 2028 growing at the CAGR of 10% from 2021 to 2028. The report provides the reader with a deep-dive understanding of business opportunities, competitor analysis, market size and forecast, go-to-market strategy, and market share. After evaluating the next-gen business analytic report, the reader is directed to
Heat Exchangers Market 2025 Top Companies - API Heat Transfer Inc., Alfa Laval A …
Heat exchanger are devices responsible for transfer of heat, from one fluid to another and transfer of heat between solid particulates and fluid. These are used in cooling applications, such as in refrigeration and air-conditioners. They are distinguished on the basis of direction of flow of liquids. Therefore, depending on the flow of liquid these exchangers can be parallel-flow, cross-flow, or countercurrent. Moreover, some heat exchangers comprise multiple tubes whereas,
Heat Exchanger Market By Shell and Tube Heat Exchanger, Plate Heat Exchanger, Re …
Heat Exchanger Market - Overview Accruing Heat Exchanger Market is progressing with the fast pace; mainly due to its applications across the industries. From Agro-industry (heat exchangers for sugar factories and distilleries) to swimming pools to maintain the water temperatures. Other remarkable applications of Heat Exchangers are Chemical Factories, HVAC and etc. According to a recent study report published by the Market Research Future, the Global Heat Exchanger
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 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 Smart Heat Meter Sales Market Size, Shares, Forecast Report 2017: Mechani …
Sales, means the sales volume of Smart Heat Meter Revenue, means the sales value of Smart Heat Meter This report studies sales (consumption) of Smart Heat Meter in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Diehl Kamstrup Sensus Stream Measurement Engelman Vital Energi Landis+Gyr Itron Ista Qundis Zenner Sontex Plou MetInfo Runa Guangdaweiye Haifeng Market Segment by Regions, this report splits Global into several key Regions,