openPR Logo
Press release

Gasketed Plate Heat Exchanger Market: Future Trends and Innovations

09-14-2023 10:21 AM CET | Energy & Environment

Press release from: Allied Analytics LLP

Gasketed Plate Heat Exchanger Market: Future Trends

The gasketed plate heat exchanger market size was valued at $3.1 billion in 2021, and is estimated to reach $5.1 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. A gasketed plate heat exchanger (GPHE) is a type of heat exchanger that is designed for efficient heat transfer between two fluids while maintaining separation between them. It consists of a series of plates, typically made of stainless steel or other materials, arranged in a stack and clamped together with gaskets to create alternating flow channels for the two fluids. GPHEs are widely used in various industrial applications for heating, cooling, and heat recovery due to their compact design and high thermal efficiency.

Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/31475

The key players operating and profiled in the report include Danfoss, Heatex Industries Ltd., HRS Process Systems Ltd., HYDAC International GmbH, Alfa Laval, Kelvion Holding GmbH, Majestic Marine & Engineering Services, Process Engineers and Associates, Xylem, Ved Engineering, Transcon Engineers Pvt. Ltd., Delta Cooling Towers P. Ltd., Techtrans Engineers, and Tranter.

Gasketed plate heat exchanger is highly used in pharmaceutical, oil & gas, and food & beverages industries. In addition, rise in demand for medicines, gasoline, and other food products across the globe may act as the major driving factor for the gasketed plate heat exchanger market growth.

Rise in dependency on petrochemical has led to increase in the demand for gasketed plate heat exchanger system that is anticipated to create lucrative opportunities for the market.

Key components and functions of a gasketed plate heat exchanger:

Plates: The plates are the primary heat transfer surfaces within the heat exchanger. They are typically corrugated or embossed to increase the turbulence of the fluid flow, which enhances heat transfer efficiency. The plates are made of materials that are corrosion-resistant and have good thermal conductivity, such as stainless steel or titanium.

Gaskets: Gaskets are placed between the plates to create sealed channels for the hot and cold fluids. They prevent mixing of the two fluids and ensure that heat is transferred from one fluid to the other through the plate surfaces. Gaskets are typically made of elastomers or synthetic materials that can withstand the operating temperatures and pressures of the heat exchanger.

Plate Assembly: The plates and gaskets are assembled into a stack within a frame or housing. The design of the plate assembly allows for the efficient transfer of heat between the fluids while maintaining a high degree of thermal separation.

Inlets and Outlets: The heat exchanger has separate inlet and outlet ports for each of the two fluids. The hot and cold fluids enter the heat exchanger through their respective ports, flow through the channels created by the plates, exchange heat, and exit through the outlet ports.

Flow Configuration: GPHEs can be configured for various flow patterns, including parallel flow and counterflow. In parallel flow, both fluids move in the same direction, while in counterflow, they move in opposite directions. Counterflow configurations typically offer higher heat transfer efficiency.

Buy This Report (380 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/44FprLM

Mounting and Support: The heat exchanger is typically mounted on a frame or support structure, which also provides clamping force to hold the plates and gaskets together securely. This ensures that the gaskets maintain a proper seal between the plates.

Maintenance and Cleaning: GPHEs are designed for ease of maintenance. They can be easily disassembled for cleaning, inspection, and gasket replacement. Proper maintenance is essential to maintain the heat exchanger's performance and prevent fouling.

Gasketed plate heat exchangers are used in a wide range of industries and applications, including:

HVAC systems for heating and cooling buildings.

Industrial processes for heating or cooling liquids.

Food and beverage processing for pasteurization and sterilization.

Refrigeration systems for condenser and evaporator duties.

Heat recovery systems to capture and reuse waste heat.

Pharmaceutical and chemical manufacturing for temperature control.

Power generation for cooling turbine and generator fluids.

Key findings

On the basis of Type, the industrial GPHE segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.

On the basis of Material, the stainless-steel segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.

Read More Information: https://www.alliedmarketresearch.com/gasketed-plate-heat-exchanger-market-A31025

On the basis of End-use, the food & beverage segment registered the highest gasketed plate heat exchanger market share and is projected to maintain the same during the forecast period.

On the basis of region, Asia-Pacific registered the highest market share and is projected to maintain the same during the forecast period.

David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.Int'l: +1-503-894-6022Toll Free: +1-800-792-5285Fax: +1-800-792-5285help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog:

https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Gasketed Plate Heat Exchanger Market: Future Trends and Innovations here

News-ID: 3207874 • Views:

More Releases from Allied Analytics LLP

Heat Meters Market Set to Grow with Rising Demand for Energy Efficiency
Heat Meters Market Set to Grow with Rising Demand for Energy Efficiency
According to a new report published by Allied Market Research, the heat meters market size was valued at $1.6 billion in 2022, and is estimated to reach $2.7 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032. A heat meter is a device used to measure and quantify the amount of thermal energy (heat) transferred from a heat source to a system or consumer. It accurately measures
Heat Pump Market Set for Strong Growth Through 2032
Heat Pump Market Set for Strong Growth Through 2032
According to a new report published by Allied Market Research, the heat pump market size was valued at $71.2 billion in 2022, and is estimated to reach $201.5 billion by 2032, growing at a CAGR of 11.1% from 2023 to 2032. A heat pump is a versatile and efficient device that transfers heat from one location to another using a refrigeration cycle. It operates by absorbing heat from a low-temperature source
Energy Efficient Lighting Market Shines Bright with Strong Growth Outlook
Energy Efficient Lighting Market Shines Bright with Strong Growth Outlook
According to a new report published by Allied Market Research, the global energy efficient lighting market was valued at $46.2 billion in 2021 and is projected to reach $93.3 billion by 2030, growing at a robust CAGR of 8.1% from 2022 to 2030. This surge reflects a powerful global movement toward greener, smarter, and more cost-effective lighting technologies. Energy efficient lighting refers to lighting systems and products that use less electricity
The Future of Energy: How Fuel Cells Are Reshaping Power Generation
The Future of Energy: How Fuel Cells Are Reshaping Power Generation
According to a new report published by Allied Market Research, titled, "Fuel Cell Market," The fuel cell market size was valued at $3.6 billion in 2020, and is estimated to reach $32.0 billion by 2030, growing at a CAGR of 19.4% from 2021 to 2030. The fuel cell market has emerged as a transformative force in the global energy landscape, offering a clean, efficient, and sustainable alternative to conventional energy sources.

All 5 Releases


More Releases for GPHE

Gasketed Plate Heat Exchanger Market Size and Geographical Regions | New Updated …
The global gasketed plate heat exchanger market revenue was around US$ 3.5 billion in 2021 and is estimated to reach US$ 5.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2022 to 2031. A gasketed plate heat exchanger is a kind of heat exchanger that is transferred heat energy from one fluid to another. In a gasketed plate heat exchanger, elastomeric
Gasketed Plate Heat Exchanger Market is forecasted to reach USD 5.31 Billion by …
Cognitive Market Research has recently published a report on the Gasketed Plate Heat Exchanger market. The report offers detailed analysis of current market trends to estimates how they may affect the growth of the Gasketed Plate Heat Exchanger Market. Furthermore, Gasketed Plate Heat Exchanger market includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify opportunities and challenges to better understanding the
Workable Strategic Report on Gasketed Plate Heat Exchanger Market by Forecast to …
The study covers every aspect of the Global Gasketed Plate Heat Exchanger Market, including growth drivers, current trends, prospects, advancements, and the competitive environment. Using research methodologies like PESTLE and Porter's Five Forces analysis, market analysts and researchers have conducted a thorough analysis of the worldwide Gasketed Plate Heat Exchanger market. They have offered precise and trustworthy market data as well as practical advice in an effort to give the
Upcoming Opportunities in Gasketed Plate Heat Exchanger Market Business Strategi …
Gasketed Plate Heat Exchanger Market Scope: The Global Gasketed Plate Heat Exchanger Market 2030 Industry Report is a professional and in-depth study on the current state of the Gasketed Plate Heat Exchanger Market by SMI. The Gasketed Plate Heat Exchanger Market is supposed to demonstrate a considerable growth during the forecast period of 2022 - 2030. The company profiles of all the key players and brands that are dominating the market
India Gasketed Plate Heat Exchanger Market to Record 4.1% Y-O-Y Growth Rate by 2 …
The India gasketed plate heat exchanger market size was valued at $184.7 million in 2021, and projected to reach $276.2 million by 2031, with a CAGR of 4.1% from 2022 to 2031. Gasket plate heat exchangers, are best suited for fluid-to-fluid heat exchange or when heat is transferred from fluids to vapors. They operate by passing fluids through a sequence of plates that are tightly packed together. Gasket stops leakage
India Gasketed Plate Heat Exchanger Market Development Leads To High Demand
Gasket plate heat exchangers, are best suited for fluid-to-fluid heat exchange or when heat is transferred from fluids to vapors. They operate by passing fluids through a sequence of plates that are tightly packed together. Gasket stops leakage by sealing the plates. Plates of this exchanger can be easily removed, and are compact in design, which significantly reduces manufacturing costs. Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/17610 Gasketed plate heat exchangers made up 56.9%