Press release
Air-Cooled Heat Exchangers Market to Reach USD 5.1 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/air-cooled-heat-exchangers-market
Market Statistics
• Market size: USD 3.7 billion in 2024
• Forecast value: USD 5.1 billion by 2030
• CAGR: 5.2%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 2
• Tables & figures: 100+
• Country-Level Market Assessment: 15
Market Segmentation
Air-Cooled Heat Exchangers market, by End-Use Industry Type
• Oil & Gas
• Petrochemical & Chemical
• Food & Beverage
• Power Generation
• HVAC & Refrigeration
• Water & Wastewater
• Pharmaceuticals
• Marine & Shipbuilding
• Others
Air-Cooled Heat Exchangers market, by Region
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Segment Analysis
By end-use industry type, power generation and petrochemical & chemical are projected to remain the dominant end-use industries during the forecast period. These sectors require reliable cooling and condensation systems for process fluids, high-temperature operations, and high-pressure applications, while air-cooled heat exchangers offer advantages such as no water requirement, reduced corrosion and fouling issues, smaller footprint, and lower maintenance costs compared with water-cooled systems. HVAC & refrigeration and oil & gas industries are also expected to create sizeable opportunities in the coming years. For manufacturers and suppliers, this reinforces the need to align product development, capacity planning, and sales efforts with industrial customers that prioritize water-efficient and low-maintenance cooling infrastructure.
Regional Insights
Asia-Pacific is expected to remain the largest and fastest-growing region in the air-cooled heat exchangers market during the forecast period. Rapid industrialization and rising investments in manufacturing, commercial, and industrial projects are supporting the region's demand for heat exchangers and, in turn, air-cooled heat exchangers. This creates strong opportunities for companies that can serve large-scale industrial projects with reliable, efficient, and application-specific cooling solutions.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/air-cooled-heat-exchangers-market
Market Drivers
• Growing demand from power generation and petrochemical & chemical industries is increasing the need for dependable cooling and condensation systems that can operate under high-temperature and high-pressure process conditions.
• Rising preference for water-free industrial cooling is supporting demand because air-cooled heat exchangers use ambient air, reducing dependence on water-intensive cooling systems.
• Industrial users are adopting air-cooled systems to reduce corrosion and fouling issues commonly associated with water cooling, helping improve equipment reliability and operational continuity.
• Lower maintenance costs and smaller footprint compared with water-cooled systems are making air-cooled heat exchangers attractive for facilities seeking efficient process cooling infrastructure.
• Demand from HVAC & refrigeration and oil & gas applications is creating additional opportunities as these industries require robust heat transfer systems for process cooling, refrigeration units, pipeline compression, and related industrial duties.
Top Companies in the Market
• Alfa Laval AB
• API Heat Transfer
• Kelvion Holdings GmbH
• Paharpur Cooling Towers Ltd.
• Thermax Ltd.
FAQs
How big is the air-cooled heat exchangers market in 2024?
The air-cooled heat exchangers market was valued at USD 3.7 billion in 2024.
What is the air-cooled heat exchangers market forecast for 2030?
The air-cooled heat exchangers market is expected to reach USD 5.1 billion by 2030.
What CAGR is expected for the air-cooled heat exchangers market from 2025 to 2030?
The market is projected to grow at a CAGR of 5.2% during 2025-2030.
Which industries are driving demand for air-cooled heat exchangers?
Power generation and petrochemical & chemical are projected to remain the dominant end-use industries, while HVAC & refrigeration and oil & gas are also expected to create sizeable opportunities.
Which region offers the strongest opportunity in the air-cooled heat exchangers market?
Asia-Pacific is expected to remain the largest as well as the fastest-growing region during the forecast period, supported by rapid industrialization and rising investments in manufacturing, commercial, and industrial projects.
Contact Us:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 Air-Cooled Heat Exchangers Market to Reach USD 5.1 Billion by 2030, Says Stratview Research here
News-ID: 4535538 • Views: …
More Releases from Stratview Research
Industrial Vacuum Valve Market to Reach US$2.5 Billion by 2031 as Precision Manu …
Market Overview and Growth Outlook
The Industrial Vacuum Valve Market was valued at US$1.7 billion in 2025 and is forecast to reach US$2.5 billion by 2031. The market is projected to expand at a CAGR of 5.8% over the long term, supported by growing requirements for controlled, contamination-free, and high-vacuum industrial environments.
"The Industrial Vacuum Valve Market is expected to grow at a CAGR of 5.8% during 2025-2031."
Industrial vacuum valves control, isolate,…
Aircraft Installation Tools Market Outlook 2026-2034: Demand to Reach USD 509 Mi …
The aircraft installation tools market is witnessing steady growth as rising aircraft production, expanding maintenance, repair & overhaul (MRO) activities, fleet modernization programs, and increasing demand for precision tooling reshape aircraft manufacturing and maintenance requirements. According to Stratview Research, annual demand is expected to increase from USD 378 million in 2026 to USD 509 million by 2034, registering a CAGR of 3.8% during 2026-2034. The market was valued at USD…
Aircraft Blind Fasteners Market to Reach USD 1,076 Million by 2034, Driven by Ri …
The Aircraft Blind Fasteners Market is witnessing steady expansion as rising aircraft production, airline fleet expansion, fleet modernization programs, and increasing adoption of advanced aerospace fastening technologies strengthen demand across the aviation industry. Blind fasteners are increasingly used in aircraft structures where access to the opposite side is restricted, supporting efficient installation while maintaining structural reliability.
According to Stratview Research, the Aircraft Blind Fasteners Market size is expected to grow from…
Aerospace Engineered Coated Fabric Market to Reach USD 185.4 Million by 2031 as …
The aerospace-engineered coated fabric market is witnessing steady expansion as rising aircraft deliveries, lightweighting requirements, advanced coating technologies, high-performance aerospace applications, and stringent passenger-safety standards continue to influence material demand.
According to Stratview Research, the aerospace engineered coated fabric market is expected to grow from USD 143.2 million in 2026 to USD 185.4 million by 2031, registering a CAGR of 5.3% during the forecast period. The market was valued at USD…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
US Ostomy Care and Accessories Market USD 4.03B-USD 6.75B
How Is the United States Ostomy Care and Accessories Market Evolving to Meet the Needs of a Growing Patient Population?
The United States Ostomy Care and Accessories Market plays a critical role in improving the quality of life for millions of patients who undergo life-altering surgical procedures involving the digestive or urinary systems. Ostomy care products are essential medical devices designed to manage bodily waste safely and discreetly following surgeries such…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
