Heat Exchangers Market worth $19.9 billion by 2026 - Exclusive Report by MarketsandMarkets™
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153 – Tables
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Increasing demand of shell & tube type of heat exchangers from various end-use industries
On the basis of type, the heat exchangers market is segmented into four types including, shell & tube, plate & frame, air-cooled, and others. Shell & tube segment dominates the heat exchangers market during the forecast period. Shell & tube heat exchanger are ideal for various end-use industries such as chemical, food & beverage, oil & gas, pulp & paper, and others such as metallurgical, wastewater treatment, and mining. Moreover, shell & tube type of heat exchangers offers a relatively large ratio of heat transfer area to volume and weight.
Europe dominates the heat exchanger market
Europe is the largest market for heat exchangers, owning to established manufacturing, automotive, and industrial sector. European energy efficiency regulations, and demand for sustainable energy consumption will also increase the demand for heat exchangers during the forecast period. The major end use industries of heat exchangers in the region are chemical, energy, HVACR, and others.
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The heat exchangers market comprises major players such as ALFA LAVAL (Sweden), Kelvion Holding GmbH (Germany), Exchanger Industries Limited (Canada), Mersen (France), Danfoss (Denmark), API Heat Transfer (US), Boyd Corporation (US), H. Güntner (UK) Limited (Germany), Johnson Controls (Ireland), XYLEM (US), and others.
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Browse Adjacent Markets: Equipment Machine and Tooling Market Research Reports & Consulting
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Microchannel Heat Exchanger Market by Type (Condenser, Evaporator, and Water Coil), Application (Automotive, HVAC, Commercial Refrigeration), and Region (North America, Europe, APAC, South America, and Middle East & Africa) - Global Forecast to 2024
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Shell & Tube Heat Exchanger Market by Application (Chemicals, Petrochemicals and Oil & Gas, HVACR, Food & Beverages, Pulp & Paper, Power Generation) and Region - Global Forecast to 2020
https://www.marketsandmarkets.com/Market-Reports/shell-tube-heat-exchangers-market-92257371.html
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