Heat Exchanges Market 2020 | Trends, Segments, Top Companies, Growth and Future Trends Up To 2026
Category: #business  By Ashwin Naphade  Date: 2020-02-27
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Heat Exchanges Market 2020 | Trends, Segments, Top Companies, Growth and Future Trends Up To 2026

The global Heat Exchanger Market is anticipated to reach USD 33.01 billion by 2026 according to a new study published by The marker research report. Heat exchanger is a very dynamic industry concerning raw materials, equipment manufacturing and end-use industries. A heat exchanger primarily works on the principle of convection and conduction for making transfer of thermal energy in the required processes. New technological developments and increased demand for energy-efficiency in almost every industrial and commercial sector around the globe has been a force majeure for the global heat exchangers market.

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 Asia Pacific industry is projected to be the largest market for the equipment sale in terms of revenue and volume both. The shift from western industrialization to the Asia Pacific has been the primary factor for driving this regional industry. The business operators or primarily the manufacturers have become increasingly and exceptionally globalized to make out higher value for cost and, simultaneously, compete to fulfill the rapidly emerging expertise in the Asian market. North America is yet another potential market with an established manufacturing base.

The global market has significantly evolved around the technological efficiency of the products, their raw materials and government initiatives for energy efficiency across the world. The change in consumer preference towards utilization of energy-efficient products, buildings and construction has also played a significant part in this gain.

Manufacturing practices in chemicals & petrochemical plants and up gradations of plants and facilities has also resulted in reduced carbon emissions contributing to the global climate mandates. Reduction of volatile organic compounds in environment and specific regulations adopted specifically in European, American and Asian countries such as China has greatly affected the sustainability factor.

The heat exchanger market has also evolved in terms of advanced & innovative products for better & sustainable thermal efficiency in many operating utilities such as power generation by making use of renewable sources.

The industry is highly fragmented in nature with many significant market players worldwide. Some of the global key manufacturers include Alfa Laval AB, Hughes Anderson, Kelvion Holdings GmbH, Koch Heat Transfer Co., SPX Corporation, HRS Heat Exchangers Ltd., Xylem Inc., AOI Heat Transfer Inc., and Hindustan Dorr-Oliver Ltd.

Key Segment Outlook

Product Type

    Shell & tube

  • U- tube heat exchanger
  • Straight Tube (1 Pass Tube Side)
  • Straight Tube (2 Pass Tube Side)

    Plate & frame

  • Gasket plate & frame heat exchangers
  • Welded plate & frame heat exchangers
  • Brazed heat exchangers
  • Air cooled
  • Extended surface
  • Heat sinks
  • Regenerative
  • Printed circuit heat exchanger (PCHE)
  • Others

 Materials Segments

  • Carbon steel
  • Stainless steel
  • Nickel
  • Others

Graphite Shell & Tube Segments

  • Cubic Heat Exchangers
  • Graphite Block Heat Exchangers
  • Polytube Graphite Shell & Tube Block Heat Exchangers


  • Pulp & Paper
  • Automotive
  • Healthcare
  • Chemical
  • Electronics
  • Petrochemicals and Oil & Gas
  • Food & beverage
  • Others


  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Table of Contents

1.            Methodology and Scope

1.1.         Research Methodology

1.2.         Research Scope & Assumptions

2.            Executive Summary

2.1.         Heat Exchangers – Industry Summary & Key Buying Criteria, 2015 - 2026

2.2.         Global heat Exchangers market estimates and forecasts, by region 2015 - 2026

3.            Market Variables, Trends, & Scope

3.1.         Market segmentation & scope

3.2.         Industry snapshot

3.3.         Market dynamics

3.3.1.     Market drivers

3.3.2.     Market restraint

3.3.3.     Opportunity analysis

3.4.         Industry Analysis: Porter’s five forces

3.5.         Industry trends

3.6.         Company heat map analysis

4.            Heat Exchanger Product Estimates & Trend Analysis

5.            Heat Exchanger Construction Material Estimates & Trend Analysis

6.            Graphite Heat Exchanger Estimates & Trend Analysis

7.            Heat Exchanger Application Estimates & Trend Analysis

8.            Heat Exchanger Regional Estimate & Trend Analysis

9.            Competitive Landscape

More Details on this Report At: https://www.marketstudyreport.com/reports/heat-exchangers-market-by-product-type-shell-tube-u-tube-straight-tube-1-2-pass-tube-side-plate-frame-gasket-welded-brazed-air-cooled-extended-surface-heat-sinks-regenerative-printed-circuit-pche-by-material-of-construction-carbon-steel-stainless-steel-nickel-others-by-graphite-heat-exchanger-cubic-graphite-block-polytube-graphite-shell-tube-block-by-application-type-pulp-paper-automotive-healthcare-chemical-electronics-petrochemicals-and-oil-gas-food-beverage-hvacr-others-by-regions-market-size?utm_source=itresrch&utm_medium=TS

Related Report:

Global (United States, European Union and China) Automobile Heat Exchangers Market Research Report 2019-2025

According to the report, one of the major drivers for this market is heavy dependence on ic engines for mobility in emerging countries. Emerging countries like India and China are witnessing an increase in the preference for mobility through roadways. In 2016, IC engines held a market share of more than 95% of the total vehicles sold globally.


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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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