Press release
Heat Exchanger Market Key Profile - Alfa Laval AB, Kelvion Holdings Gmbh, Southern Heat Exchanger, Danfoss A/S, SPX Corporation, Xylem Inc.
Market HighlightsGlobal Heat Exchanger Market is expected to grow at a CAGR of 8.2% during the forecasted period
Heat exchangers are devices used to transfer heat energy from one fluid to another. Heat exchangers find widespread use in power generation, chemical processing, electronics cooling, air-conditioning, refrigeration, and automotive applications. Heat exchangers used in abundantly in chemical and process industries. It is also used in automobiles in the form of radiators and oil coolers. It is most preferred and widely accepted equipment due to its green and energy-efficient properties. The focus of various regulatory bodies to reduce the amount of greenhouse gases for meeting the future sustainability is further driving the market for heat exchangers.
The global market for Heat Exchanger is majorly driven by factors such as growing demand for technological development, growth in HVACR process and among others.
Key Players
• Alfa Laval AB (Sweden),
• Kelvion Holdings Gmbh (Germany),
• Southern Heat Exchanger (U.S.)
• Danfoss A/S (Denmark),
• SPX Corporation (U.S.),
• Xylem Inc. (U.S.),
• API Heat Transfer Inc. (U.S),
• Gunter AG & Co. KG (Germany),
• Sierra S.p.A (Italy),
• Hamon & Cie International SA (Belgium).
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The report has analyzed the market based on the three segments: Type, application and end-use in the regions of North America, Europe, APAC and Rest of the World. On the basis of Type it includes Shell and Tube Heat Exchanger, Plate Heat Exchanger, Regenerative Heat Exchanger, Air cooled. Shell and Tube Heat Exchanger largest type market for heat exchanger and most common types of heat exchangers used globally. It is extensively used as power condensers, preheaters, oil coolers, and steam generators. On the basis of application it includes Chemicals, Oil & Gas, Power generation, HVACR, Food & Beverages and Other. Chemical industry is the largest application market for heat exchanger. In Chemical industry it is used for heating and cooling of base, intermediate, and final products. With growing demand for chemicals in the developing economies, the market of heat exchangers is further expected to rise in in the forecast period. Europe is the largest market for heat exchanger. Asia-Pacific is witnessing high industrial growth rate, which hints at an ever-increasing demand for plate & frame heat exchangers for its diverse applications.
Market Research Future Analysis:
Europe is leading the market of Heat Exchanger. Strong market for plate & frame heat exchangers. The region has the presence of most of the global leaders in heat exchanger manufacturing. New emerging technologies and regulations in certain regions have also helped in the growth of heat exchanger industry. Innovative heat exchangers are that can withstand corrosive chemicals are gaining popularity.
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Heat Exchanger Market, By Type
Continue……….
List of Tables
Table 1 Global Heat Exchanger Market, By Type
Table 2 Global Heat Exchanger Market, By Application
Table 3 Global Heat Exchanger Market, By Regions
Table 4 North America Heat Exchanger Market, By Country
Table 5 North America Heat Exchanger Market, By Type
Continue………..
List of Figures
Figure 1 Research Type
Figure 2 Global Heat Exchanger Market: By Type(%)
Figure 3 Global Heat Exchanger Market: By Application(%)
Figure 4 Global Heat Exchanger Market: By Region
Figure 5 North America Heat Exchanger Market, By Type(%)
Continue…………
About US
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Akash Anand,
Market Research Future
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