Press release
Brazed Plate Heat Exchangers Market Growth, Future Prospects And Competitive Analysis (2022--2030)
The Brazed Plate Heat Exchangers Market size was valued at US$ 1.12 billion in 2022 and is expected to reach US$ 2.11 billion by 2030; it is estimated to record a CAGR of 8.3% from 2022 to 2030.New technologies are creating applications for brazed plate heat exchangers, making brazed plate heat exchangers more efficient and reliable. For example, brazed plate heat exchangers are being used in new types of energy storage systems and to recycle waste heat from industrial processes. Also, new brazing materials and manufacturing processes are making it possible to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. Brazed plate heat exchangers are being used in thermal batteries, phase change material (PCM) storage systems, and other new types of energy storage systems. These energy storage systems can store heat or cold energy for later use, which can help to enhance energy efficiency and reduce energy costs.
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Analysis of the Top Market Players:
1. Alfa Laval AB
2. API Heat Transfer Inc.
3. Baode Heat Exchanger Equipment Co Ltd
4. Chart Industries Inc
5. Danfoss AS
6. Hisaka Works Ltd
7. Kelvion Holding GmbH
8. Paul Mueller C
9. SWEP International AB
10. Xylem Inc
In this report, the market has been segmented on the basis of:
Product (Single Circuit and Multi-circuit)
Application (Condenser, Economizer, Evaporator, and Others)
End Use Industry (HVACR, Chemicals, Food & Beverage, Power, Heavy Industries, IT & Telecommunication, and Others)
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They are used to recycle waste heat from industrial processes. This waste heat can be used to generate electricity, heat buildings, or provide hot water for industrial processes. New brazing materials and manufacturing processes are making it easy to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. It is creating new opportunities for brazed plate heat exchangers in various industries, such as power generation, oil & gas, and petrochemicals. New technologies are creating applications for brazed plate heat exchangers, making them more efficient, reliable, and affordable. Thus, the increasing adoption of new technologies is likely to create a major opportunity for the brazed plate heat exchangers market in the near future.
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