Press release
Cooling Tower Market Size to reach USD 5.29 billion by 2029, at a CAGR of 4.3% | Krones AG, SPX CORPORATION, EWK, Johnson Controls
The Cooling Tower Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Cooling Tower Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights and understanding the industry's outlook and prospects. The global cooling towers market size was valued at USD 3.82 billion in 2021. The market is projected to grow from USD 3.94 billion in 2022 to USD 5.29 billion by 2029, exhibiting a CAGR of 4.3% during the forecast period.Get a Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102747
Top Cooling Tower Market Size Manufacturers covered in the Market Report include:
Krones AG (Germany)
SPX CORPORATION (United States)
Babcock & Wilcox Enterprises, Inc. (United States)
EWK (Spain)
Kelvion Holding GmbH (Germany)
HAMON & CIE (INTERNATIONAL) S.A. (Belgium)
MITA Cooling Technologies Srl (Italy)
Johnson Controls (Ireland)
Paharpur Cooling Towers Ltd (India)
Baltimore Aircoil Company (United States)
EVAPCO, Inc. (United States)
ENEXIO MANAGEMENT GMBH (Germany)
Thermax Limited (India)
Cenk Endüstri Tesisleri İmalat ve Taahhüt A.Ş. (Turkey)
Cooling Tower Systems, Inc. (United States)
Delta Cooling Towers, Inc. (United States)
BELL COOLING TOWERS (India)
Brentwood Industries (United States)
Recent Key Industry Development:
SPIG S.p.A., a renowned supplier of a wide range of cooling systems upgraded cooling towers in a production facility of Tasmanian Electro Metallurgical Company (TEMCO) located at Bell Bay. The firm developed a customized solution for the latter by using its service engineering expertise.
Highlights of the Report:
Cooling Towers Market Size, Share & COVID-19 Impact Analysis, By Type (Wet, Dry, and Hybrid), By Application (Chemicals & Petrochemicals, Pharmaceutical, Power Generation, HVAC, Food & Beverages, and Others), and Regional Forecast, 2022-2029
Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.
Cooling Tower Market Report Scope [2022-2029]
Report Title: Cooling Towers Market Size, Share & COVID-19 Impact Analysis, By Type (Wet, Dry, and Hybrid), By Application (Chemicals & Petrochemicals, Pharmaceutical, Power Generation, HVAC, Food & Beverages, and Others), and Regional Forecast, 2022-2029
Cooling Tower Market CAGR: 4.3%
Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends
Segments Covered:
By Type
Wet
Dry
Hybrid
By Application
Chemicals & Petrochemicals
Pharmaceutical
Power Generation
HVAC
Food & Beverages
Others (Paper & Pulp, Plastic, and Others)
By Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
An Overview of the Impact of COVID-19 on this Market:
The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the Cooling Tower Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease's spread. This pause in activities has a direct influence on the market's revenue flow.
If You Want More Insights Into The Cooling Tower Market, Buy Now This Exclusive Report: https://www.fortunebusinessinsights.com/checkout-page/102747
Report Inclusions:
Market Overview: It includes a product overview and scope of the global Cooling Tower Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.
Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.
Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.
Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Cooling Tower Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.
FREQUENTLY ASKED QUESTIONS:
How much was the global Cooling Tower Market worth in 2022?
Who are the top players actively operating across the market?
How much will the global market be worth by 2029?
What are the key market drivers?
Which application segment is the leading across the globe?
At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?
Major Points from Table of Contents
Global Cooling Tower Market Research Report 2022-2029, by Manufacturers, Regions, Types and Applications
Introduction
Objective of the Study
Definition of the Market
Market Scope
Market Segment by Type, Application and Marketing Channel
Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
Years Considered for the Study
Currency Considered (U.S. Dollar)
Key Findings of the Study
Market Dynamics
Driving Factors for this Market
Factors Challenging the Market
Opportunities of the Global Cooling Tower Market (Regions, Growing/Emerging Downstream Market Analysis)
Technological and Market Developments in the Cooling Tower Market
Industry News by Region
Regulatory Scenario by Region/Country
Market Investment Scenario Strategic Recommendations Analysis
Value Chain of the Cooling Tower Market
Value Chain Status
Upstream Raw Material Analysis
Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
Distributors/Traders
Downstream Major Customer Analysis (by Region)
Global Cooling Tower Market -Segmentation by Type
Global Cooling Tower Market -Segmentation by Application
Global Cooling Tower Market -Segmentation by Marketing Channel
Competitive Intelligence Company Profiles
Global Cooling Tower Market -Segmentation by Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Future Forecast of the Global Cooling Tower Market from 2022-2029
Future Forecast of the Global Cooling Tower Market from 2022-2029 Segment by Region
Global Speaker Production and Growth Rate Forecast by Type (2029)
Global Speaker Consumption and Growth Rate Forecast by Application (2022-2029)
Appendix
Methodology
Research Data Source
Continued….
For More Specific Information, Speak to Our Analyst at:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/102747
Fortune Business Insights™ Pvt. Ltd.
Email: sales@fortunebusinessinsights.com
Phone: US: +1 424 253 0390, UK: +44 2071 939123, APAC: +91 744 740 1245
Fortune Business Insights™ Delivers Accurate Data And Innovative Corporate Analysis, Helping Organizations Of All Sizes Make Appropriate Decisions. We Tailor Novel Solutions for Our Clients, Assisting Them To Address Various Challenges Distinct To Their Businesses. Our Aim Is To Empower Them With Holistic Market Intelligence, Providing A Granular Overview Of The Market They Are Operating in.
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