Heat Exchanger Market 2019-2025 Overview by Type, Installation, Geography – Growth, Trends and Global Forecast

“Global Heat Exchanger Market Size, Share | Industry Report 2018-2025”
The global heat exchanger market report 2018-2025, is assembled with several market features, manufacturers, status and outlook for major applications, sales, market share and forecast during 2018 to 2025.

Global Heat Exchanger Market:

The research report provides forecast and detailed analysis of heat exchanger market on a regional as well as global level. The report covers the historical data and forecast based on revenue. The report includes the various drivers and restraints of the heat exchanger market with the influence they have on the demand during the forecast period.  Furthermore, the report covers the complete analysis of opportunities for the heat exchanger market across the globe.

In order to provide the users of this study complete details of the heat exchanger market, it covers the competitive landscape and detailed analysis of PORTER’s Five Forces for the market. The report includes the market attractiveness analysis, where application and type segments are highlighted based on their market growth rate, market size, and market revenue.

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The global heat exchanger market size is anticipated to raise from US$ xx billion to US$ xx billion at a CAGR of xx% during the forecast period. The rising focus of regulatory bodies to decrease greenhouse gases (GHG), it is expected to boost the heat exchanger market growth into the coming years. Likewise, the growing industrial operations in developed as well as developed countries are the major factors fuelling the global heat exchanger market growth. Rising usage of heat exchangers in various water treatment plants helps in enhancing water temperature and rising plant efficiency, is also a key factor driving the heat exchanger market growth. In addition, increasing demand for a heat exchanger in several commercial business and complexes is also expected to boost market growth over the forecast period.

                                   Global Heat Exchanger Market Size, 2015-2025 (USD Billion)

The global heat exchanger market is segmented on the basis of end-user, type, the material of construction, and geographical regions. Based on the type, the market is categorized into plate & frame, shell & tube, micro-channel, air-cooled, and others. In between these, the shell & tubes segment is projected to be dominant over the forecast period.

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Based on application, the heat exchanger market has been classified as chemical, oil & gas, petrochemical, food & beverages, power generation, and HVACR. Among these, the chemical segment is anticipated to account for the highest heat exchanger market share. Due to their demand in the chemical industry to heat & cool intermediates, base, as well as final products. Likewise, Oil & gas segment is also expected to hold a significant heat exchanger market share in the coming years. Based on the material of construction, the market is classified as carbon-steel, nickel, stainless-steel, and others.  

In terms of geography, the heat exchanger market is classified as North America, Asia Pacific, Europe, Latin America, and MEA. In between these, the European market is expected to dominate the market over the forecast period. Owing to the increasing demand for the heat exchanger in the country. Likewise, the existence of leading market players, such as Danfoss, Kelvion Holdings, SWEP International, and Gunter, is positively influencing the heat exchanger market growth. Furthermore, North America is estimated to dominate the significant heat exchanger market growth over the forecast period. Increasing demand for heat exchangers from several industries and rising usage of heat exchangers in residential and commercial complexes are anticipated to boost the heat exchanger market growth into the coming years.

The global heat exchanger market is highly competitive due to the presence of leading players across the globe. Some key players of heat exchanger market include Alfa Laval, Cummins, Atlas Copco, SPX Corporation, Aggreko, and others.

Key segments of the Global Heat Exchanger Market

Type Overview, 2015-2025 (USD Million)

  • Shell and Tube Heat Exchanger
  • Plate & Frame Heat Exchanger
  • Gasketed
  • Brazed
  • Welded
  • Air Cooled Heat Exchanger
  • Cooling Towers
  • Others

Application Overview, 2015-2025 (USD Million)

  • Chemical
  • Petrochemical and Oil & Gas
  • HVACR
  • Food & Beverage
  • Paper and Pulp
  • Others

Regional Overview, 2015-2025 (USD Million)

  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • UK
  • Germany
  • Italy
  • Spain
  • Rest of Europe
  • Asia Pacific
  • India
  • Japan
  • China
  • Rest of APAC
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East & Africa

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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