Global heat exchangers market expected to augment by rising energy and power need on account of increasing population and economic growth
Global heat exchangers market estimated to grow with a noteworthy rate during the forecast period, 2020-2027. It is on account of environmental energy concerns that are demanding energy efficiency and rapid industrialization. Additionally, rising environmental concerns regarding the use of non-renewable energy resources across the globe will trigger the global heat exchangers market in the upcoming period. Moreover, aerospace vehicles, semiconductor devices, nuclear islands, nuclear islands, wind turbines, solar photovoltaic power generation, and polysilicon production all require a large number of specialized heat exchangers.
Additionally, growth in oil and gas refineries, especially in the Middle East, will boom the global heat exchangers market in the projected period. Furthermore, the surge in demand for heat exchangers in machinery, food, pharmaceutical, and other industries will promulgate the global heat exchangers industry in the projected periods. Development of heat exchanger enhanced heat transfer technology. The enhanced heat transfer technology, which mainly uses enhanced heat transfer elements and improved heat exchanger structure, is an energy-saving technology that can significantly improve the heat transfer performance of heat exchangers.
Type Overview in the Global Heat Exchangers Market
Based on type, the global Heat Exchangers market classified into Shell & Tube Heat Exchangers, Air Cooled Heat Exchangers, Plate & Frame Heat Exchangers, and Others (Extended Surface Heat Exchangers and Regenerative Heat Exchangers. The Shell & Tube Heat Exchangers segment expected to register a higher CAGR by 2027, owing to it used under high temperature and high pressure and growing demand in the fields of thermal power, factories and mines, petrochemicals, urban central heating, food and medicine, energy electronics, machinery, and light industry.
Material Overview in the Global Heat exchangers market
Based on material, the global Heat Exchangers market categorized into Carbon Steel, Stainless Steel, Nickel, and Others. The Stainless segment likely to lead the market by 2027 as it has excellent oxidation resistance, safety & hygiene, and widely used in food, medicine, heating, domestic water, air conditioning return water, and other fields.
End-User Overview in the Global Heat Exchangers Market
Based on the end-user industry, the global Heat Exchangers market categorized into Oil & Gas, Chemical, HVAC & Refrigerator, Food & Beverage, Power Generation & Metallurgy, Pulp & Paper, and Others. Oil & Gas estimated to dominate the market by 2027 on account of the consumption of petrochemical products, which has given a rise in the upstream processing activity.
Regional Overview in the Global Heat Exchangers Market
By geography, the Global Heat Exchangers Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific anticipated gaining maximum market share by 2027, owing to growing urbanization, rise in the automobile sector, and ongoing investments toward expansion of power generating capacity to meet rising electricity demand in emerging economies like China, India, and Japan.
Global Heat Exchangers Market: Competitive Landscape
Companies such as Alfa Laval, Kelvion Holdings, Danfoss, Xylem, API Heat Transfer, Gunter, Chart Industries, Hisaka Works, Johnson Controls International, Hindustan Dorr-Oliver, SPX-FLOW, Inc, IHI Corporation, FUNKE Wärmeaustauscher Apparatebau GmbH, Thermowave GmbH, Hisaka Works Ltd are the key players in the Global Heat Exchangers Market.
Global Heat Exchangers Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Supply Chain Analysis 4.2. Economic Factor Analysis 4.2.1. Drivers 4.2.2. Trends 4.2.3. Opportunities 4.2.4. Challenges 4.3. Technological Landscape 4.4. Competitors & Product Analysis 4.5. Regulatory Framework 4.6. Company market share analysis, 2019 4.7. Porter's Five forces analysis 4.8. New Investment Analysis 4.9. PESTEL Analysis 5. Global Heat Exchangers Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Type 5.2.1.1. Shell & Tube Heat Exchangers 5.2.1.2. Plate & Frame Heat Exchangers 5.2.1.3. Air Cooled Heat Exchangers 5.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 5.2.2. By Material 5.2.2.1. Carbon Steel 5.2.2.2. Stainless Steel 5.2.2.3. Nickel 5.2.2.4. Others 5.2.3. By End-User Industry 5.2.3.1. Oil & Gas 5.2.3.2. Chemical 5.2.3.3. HVAC & Refrigerator 5.2.3.4. Food & Beverage 5.2.3.5. Power Generation & Metallurgy 5.2.3.6. Pulp & Paper 5.2.3.7. Others 5.2.4. By Region 5.2.4.1. North America 5.2.4.2. Europe 5.2.4.3. Asia Pacific 5.2.4.4. South America 5.2.4.5. Middle East & Africa 6. North America Heat Exchangers Market Overview 6.1. North America Heat Exchangers Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. North America Heat Exchangers Market Share & Forecast, 2016-2027 6.2.1. By Type 6.2.1.1. Shell & Tube Heat Exchangers 6.2.1.2. Plate & Frame Heat Exchangers 6.2.1.3. Air Cooled Heat Exchangers 6.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 6.2.2. By Material 6.2.2.1. Carbon Steel 6.2.2.2. Stainless Steel 6.2.2.3. Nickel 6.2.2.4. Others 6.2.3. By End-User Industry 6.2.3.1. Oil & Gas 6.2.3.2. Chemical 6.2.3.3. HVAC & Refrigerator 6.2.3.4. Food & Beverage 6.2.3.5. Power Generation & Metallurgy 6.2.3.6. Pulp & Paper 6.2.3.7. Others 6.2.4. By Country 6.2.4.1. US 6.2.4.2. Canada 6.2.4.3. Mexico 6.2.5. Price-Point Analysis 6.2.6. Manufacturer & Distributor List (Top 5) 6.2.7. Company Market Share (Top 3-5) 6.2.8. Economic Impact Study on North America Heat Exchangers Market 7. Europe Heat Exchangers Market Overview 7.1. Europe Heat Exchangers Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. Europe Heat Exchangers Market Share & Forecast, 2016-2027 7.2.1. By Type 7.2.1.1. Shell & Tube Heat Exchangers 7.2.1.2. Plate & Frame Heat Exchangers 7.2.1.3. Air Cooled Heat Exchangers 7.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 7.2.2. By Material 7.2.2.1. Carbon Steel 7.2.2.2. Stainless Steel 7.2.2.3. Nickel 7.2.2.4. Others 7.2.3. By End-User Industry 7.2.3.1. Oil & Gas 7.2.3.2. Chemical 7.2.3.3. HVAC & Refrigerator 7.2.3.4. Food & Beverage 7.2.3.5. Power Generation & Metallurgy 7.2.3.6. Pulp & Paper 7.2.3.7. Others 7.2.4. By Country 7.2.4.1. Germany 7.2.4.2. UK 7.2.4.3. France 7.2.4.4. Italy 7.2.4.5. Rest of Europe 7.2.5. Price-Point Analysis 7.2.6. Manufacturer & Distributor List (Top 5) 7.2.7. Company Market Share (Top 3-5) 7.2.8. Economic Impact Study on Europe Heat Exchangers Market 8. Asia Pacific Heat Exchangers Market Overview 8.1. Asia Pacific Heat Exchangers Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Heat Exchangers Market Share & Forecast, 2016-2027 8.2.1. By Type 8.2.1.1. Shell & Tube Heat Exchangers 8.2.1.2. Plate & Frame Heat Exchangers 8.2.1.3. Air Cooled Heat Exchangers 8.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 8.2.2. By Material 8.2.2.1. Carbon Steel 8.2.2.2. Stainless Steel 8.2.2.3. Nickel 8.2.2.4. Others 8.2.3. By End-User Industry 8.2.3.1. Oil & Gas 8.2.3.2. Chemical 8.2.3.3. HVAC & Refrigerator 8.2.3.4. Food & Beverage 8.2.3.5. Power Generation & Metallurgy 8.2.3.6. Pulp & Paper 8.2.3.7. Others 8.2.4. By Country 8.2.4.1. China 8.2.4.2. India 8.2.4.3. Japan 8.2.4.4. Australia 8.2.4.5. Rest of Asia Pacific 8.2.5. Price-Point Analysis 8.2.6. Manufacturer & Distributor List (Top 5) 8.2.7. Company Market Share (Top 3-5) 8.2.8. Economic Impact Study on Asia Pacific Heat Exchangers Market 9. South America Heat Exchangers Market Overview 9.1. South America Heat Exchangers Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Heat Exchangers Market Share & Forecast, 2016-2027 9.2.1. By Type 9.2.1.1. Shell & Tube Heat Exchangers 9.2.1.2. Plate & Frame Heat Exchangers 9.2.1.3. Air Cooled Heat Exchangers 9.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 9.2.2. By Material 9.2.2.1. Carbon Steel 9.2.2.2. Stainless Steel 9.2.2.3. Nickel 9.2.2.4. Others 9.2.3. By End-User Industry 9.2.3.1. Oil & Gas 9.2.3.2. Chemical 9.2.3.3. HVAC & Refrigerator 9.2.3.4. Food & Beverage 9.2.3.5. Power Generation & Metallurgy 9.2.3.6. Pulp & Paper 9.2.3.7. Others 9.2.4. By Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Rest of South America 9.2.5. Price-Point Analysis 9.2.6. Manufacturer & Distributor List (Top 5) 9.2.7. Company Market Share (Top 3-5) 9.2.8. Economic Impact Study on South America Heat Exchangers Market 10. Middle East & Africa Heat Exchangers Market Overview 10.1. Middle East & Africa Heat Exchangers Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Heat Exchangers Market Share & Forecast, 2016-2027 10.2.1. By Type 10.2.1.1. Shell & Tube Heat Exchangers 10.2.1.2. Plate & Frame Heat Exchangers 10.2.1.3. Air Cooled Heat Exchangers 10.2.1.4. Others(Extended Surface Heat Exchangers and Regenerative Heat Exchangers) 10.2.2. By Material 10.2.2.1. Carbon Steel 10.2.2.2. Stainless Steel 10.2.2.3. Nickel 10.2.2.4. Others 10.2.3. By End-User Industry 10.2.3.1. Oil & Gas 10.2.3.2. Chemical 10.2.3.3. HVAC & Refrigerator 10.2.3.4. Food & Beverage 10.2.3.5. Power Generation & Metallurgy 10.2.3.6. Pulp & Paper 10.2.3.7. Others 10.2.4. By Country 10.2.4.1. Saudi Arabia 10.2.4.2. UAE 10.2.4.3. South Africa 10.2.4.4. Rest of Middle East & Africa 10.2.5. Price-Point Analysis 10.2.6. Manufacturer & Distributor List (Top 5) 10.2.7. Company Market Share (Top 3-5) 10.2.8. Economic Impact Study on Middle East & Africa Heat Exchangers Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. Alfa Laval 11.7.2. Kelvion Holdings 11.7.3. Danfoss 11.7.4. Xylem 11.7.5. API Heat Transfer 11.7.6. Gunter 11.7.7. Chart Industries 11.7.8. Hisaka Works 11.7.9. Johnson Controls International 11.7.10. Hindustan Dorr-Oliver 11.7.11. SPX-FLOW, Inc 11.7.12. IHI Corporation 11.7.13. FUNKE Wärmeaustauscher Apparatebau GmbH 11.7.14. Thermowave GmbH 11.7.15. Hisaka Works Ltd. 11.7.16. Other Prominent Players
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