Global Heat Exchangers Market Size, Share, Development and Demand Forecast to 2020 By P&S Market Research Reports
The global heat exchangers market was valued at $14,108.8 million in 2014, and it is expected to grow with a CAGR of 6.5% during 2015 - 2020. The factors driving the growth of the global market include advancement in technology and growing HVAC, petrochemical, food processing, and chemical industries. Chemical industry is the fastest growing end-user industry for heat exchangers, due to huge investment from Asia-Pacific. During the forecast period, large number of plants would come into operation that is anticipated to reap advantage of cheap natural gas for the production of ethane, a prevalent feedstock for petrochemical industry.
In
2014, Asia-Pacific was the fastest growing market in the global heat exchangers
market. Asia-Pacific is considered as a developing economy, due to increasing
industrialization in the region. With the clustering of several industries in
the region, the demand for heat exchangers is increasing. Moreover, the
developing infrastructure in the region has increased the demand of heat
exchangers from HVAC industry. These factors are expected to boost the growth
of the heat exchangers market in Asia-Pacific..
The
information and data in the publication “Global
Heat Exchangers Market Size, Share, Development, Growth and Demand Forecast to
2020”, represents the research and analysis of data from various primary
and secondary sources. A bottom-up approach has been used to calculate the market
size. P&S Market Research analysts and consultants interacted with leading
companies of the concerned domain to substantiate every value of data presented
in this report. The company bases its primary research on discussions with
prominent professionals and analysts in the industry, which is followed by
informed and detailed, online and offline research.
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Among the
various end-users, the chemical industry segment in the global heat exchangers
market is expected to witness the fastest growth, a CAGR of 9.2%, during 2015 –
2020.
Some
of the key companies operating in the global heat exchangers market include Alfa
Laval AB, Kelvion Holding GmbH, Danfoss A/S, SPX Corporation, Xylem Inc., API
Heat Transfer Inc., Guntner GmbH & Co. KG, Hisaka Works Ltd., HRS Hevac
Ltd., Modine Manufacturing Company, Sierra S.p.a., Sondex Holdings A/S, SWEP
International AB.
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Research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market breakdown by type
1.2.2 Market breakdown by end-user
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
2.3 Global Heat Exchangers Market Snapshot
Chapter 3. Market Outlook
3.1 Introduction
3.2 Overview of Heat Exchangers Market
Chapter 4. Global Heat Exchangers Market Size and Forecast (2011
– 2020)
4.1 Global Heat Exchangers Market, By Type
4.1.1 Shell & tube
4.1.2 Plate & frame
4.1.3 Air Cooled
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