Cooling Tower Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global cooling tower market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period. One of the major uses of cooling towers is in the nuclear and thermal power plants. A cooling water system is also bee utilized in the cell of the thermoelectric power plant that utilizes a steam turbine to generate electricity. For example, the Harris nuclear power plant situated in the Washington, the US, has a 523-foot-high cooling tower, which is 20 miles from downtown Raleigh. Though, another Brunswick nuclear power plant which is located 180 miles southeast in Southport which does not have a cooling tower. Both nuclear power plants use a one-through cooling system where water is taken from a source like a river, lake, or reservoir. But the main difference is based on the source of the cooling water and their location.

The design of the cooling tower is built for cooling the circulation water during the manufacturing process, which is why the demand for cooling towers is growing in industries such as food processing plants, petroleum refiners, and natural gas plants. Cooling towers have tremendously benefited the industries with heavy machinery by minimizing the over-heating of their heavy equipment and manufacturing machinery. This also reduces the servicing and the breaks that must be taken due to over-heating to provide break-free output.

Despite the driving forces of the cooling tower market, it faces several challenges and issues related to the scaling of a large project and corrosion of cooling water pipes. Cooling towers have to deal with the issue of corrosion, as after the installation, unchecked water runs through the pipes of the cooling tower causing corrosion in the metal pipes which leads to leakage. The water supply contains impurities like sodium, other elements, and chemicals that react with the air causing corrosion. Thus, such factors could hamper the growth of the market.

To Request a Sample of our Report on Cooling Tower Market:  https://www.omrglobal.com/request-sample/cooling-tower-market

Market Coverage

The market number available for - 2021-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 
By Type
By System
By Flow
By Application
  Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including SPX Corp., Baltimore Aircoil Co., EVAPCO, Inc., S.A. HAMON, Paharpur Cooling Towers Ltd., and others.

Cooling Tower Market Report Segment

By Type

Wet
Dry
Hybrid 

By Systems

Open Cooling System
Closed Cooling System

By Flow

Cross Flow
Counter Flow

By Application

Power Generation
HAVC
Oil & Gas
Others (Die Casting and Anodizing)

A full Report of Cooling Tower Market is Available at:  https://www.omrglobal.com/industry-reports/cooling-tower-market

Cooling Tower Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles

Delta Cooling Tower Ltd.
Babcock & Wilcox Enterprises, Inc. 
BELL COOLING TOWERS
Berg Chilling Systems Inc.
Brentwood Industries
CCS 
Cooling Tower Depot, Inc.
Cooling Tower Systems, Inc.
Enexio
IlmedImpiantiSrl
Kelvion Holding GmbH
International Cooling Tower Inc.
MESAN Group
REYMSA COOLING TOWERS, INC.
WTWH Media, LLC
STAR Cooling Towers
Superchill Australia Ptv. Ltd.
Thermal Care, Inc.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.