Global Heat Exchanger Market

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Global Heat Exchanger Market2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Heat Exchanger Market is Estimated to
Reach 25 Billion by 2024, Says Accurize Market
Research

• Global heat exchanger market report published by
  Accurize Market Research forecast that the global
  market is expected to reach 25 billion by 2024
  growing at a CAGR of 8 from 2017 to 2025. By
  geography, the Asia Pacific and North America are
  expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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• https//www.accurizemarketresearch.com/report/heat
  -exchanger-market/sample-request

3
Global Heat Exchanger Market is Estimated to
Reach 25 Billion by 2024, Says Accurize Market
Research

• An upsurge in the use of heat exchangers in
  several plants such as water treatment to drive
  the growth of the market
• An upsurge in the use of heat exchangers in
  several plants such as water treatment to
  increase the efficiency of plants and to optimize
  the temperature of the water are fuelling the
  demand for the global heat exchanger market.
• Moreover, increased manufacturing activities,
  growth in the oil gas production and rising
  population also boost the growth of the market.

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Market Segmentation

• The global heat exchanger market has been
  bifurcated on the basis of type, application,
  material, and geography.
• On the basis of type, the market has been divided
  into plate frame, air-cooled, shell and tube,
  printed circuit, and other types.
• On the basis of application, the market has been
  segmented as chemical, petrochemicals and OG,
  HVAC Refrigeration, food and beverages, power
  generation, and other applications.
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  -exchanger-market/ask-for-customization

5
Market Segmentation

• By geography, the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). North America is further bifurcated
  in the U.S., Canada, and Mexico whereas the
  Europe segment consists of Germany, France,
  Italy, and the rest of Europe.
• Asia-Pacific is segmented into India, China,
  Japan, and Rest of Asia- Pacific, while RoW is
  bifurcated into South America, the Middle East,
  and Africa.

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Market Segmentation

• Shell and tube accounted for the largest market
  share in the type segment", says Accurize
• By type segment, shell and tube accounted for the
  largest market share in 2017 and are expected to
  continue its dominance during the forecast period
  2017 2025, owing to its high practice for
  high-pressure high-temperature applications in
  oil plants and in many large chemical procedures.
  
• Plate frame accounted for the second-largest
  market share in 2017.

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Market Segmentation

• Europe dominated the global market with the
  highest market share over the forecast period",
  says Accurize
• In 2017, Europe dominated the global heat
  exchanger market with the largest market share of
  35.4 and is expected to continue this trend
  during the forecasted period, owing to a growing
  need of power for commercial and non-commercial
  purposes, due to economic growth, increase in
  population, and industrial growth.
• North America accounted for the second-largest
  market share in 2016.

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Top players in the market

• The key market players include
• Alfa Laval,
• Kelvion,
• FUNKE Wärmeaustauscher Apparate bau,
• Larsen Toubro,
• Doosan Heavy Industries Construction,
• SPX FLOW,
• The Japan Steel Works,
• Thermowave,
• Dover,
• Xylem, among others.

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