1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 30
4.1 SIGNIFICANT OPPORTUNITIES IN THE HEAT EXCHANGERS MARKET 30
4.2 HEAT EXCHANGERS MARKET, BY TYPE 30
4.3 HEAT EXCHANGERS MARKET, BY APPLICATION 31
4.4 HEAT EXCHANGERS MARKET IN THE APAC REGION 31
4.5 HEAT EXCHANGERS MARKET, BY REGION 32

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.1.1 DRIVERS 34
5.1.1.1 Surging energy prices 34
5.1.1.2 Rapid industrial expansions in the developing markets of APAC 34
5.1.1.3 Stringent environmental regulations 35
5.1.1.4 Increase in HVACR deployments and growth in industrial activities 35
5.1.1.5 Technological advancements in the heat exchangers market 35
5.1.2 RESTRAINTS 36
5.1.2.1 Slow growth of the market in Europe and North America 36
5.1.2.2 Lack of awareness about energy efficiency in buildings 36
5.1.3 OPPORTUNITIES 36
5.1.3.1 Growing demand for nuclear power generation 36
5.1.3.2 Large aftermarket for heat exchangers 37
5.1.4 CHALLENGES 37
5.1.4.1 Fluorinated greenhouse gas regulations 37
5.2 PORTER’S FIVE FORCES 38
5.2.1 THREAT OF NEW ENTRANTS 38
5.2.2 THREAT OF SUBSTITUTES 39
5.2.3 BARGAINING POWER OF BUYERS 39
5.2.4 BARGAINING POWER OF SUPPLIERS 39
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 40

6 MACROECONOMIC INDICATORS 41
6.1 INTRODUCTION 41
6.2 TRENDS AND FORECAST OF GDP 41
6.3 CHEMICAL INDUSTRY 42
6.4 ENERGY CONSUMPTION DATA, 2016 43
6.5 CRUDE OIL PRODUCTION DATA, 2016 43
6.5.1 NUCLEAR ENERGY 44
6.6 STEEL INDUSTRY 44

7 HEAT EXCHANGERS MARKET, BY TYPE 45
7.1 INTRODUCTION 46
7.2 SHELL & TUBE HEAT EXCHANGERS 47
7.2.1 TUBULAR HEAT EXCHANGERS 47
7.3 PLATE & FRAME HEAT EXCHANGERS 47
7.3.1 GASKETED PLATE & FRAME HEAT EXCHANGERS 47
7.3.2 WELDED PLATE & FRAME HEAT EXCHANGERS 48
7.3.3 BRAZED HEAT EXCHANGERS 48
7.4 AIR COOLED HEAT EXCHANGERS 48
7.5 OTHERS 48
7.5.1 EXTENDED SURFACE HEAT EXCHANGERS 48
7.5.2 REGENERATIVE HEAT EXCHANGERS 48
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8 HEAT EXCHANGERS MARKET, BY APPLICATION 49
8.1 INTRODUCTION 50
8.2 CHEMICAL 51
8.2.1 FINE CHEMICALS & PHARMACEUTICAL 51
8.3 PETROCHEMICAL AND OIL & GAS 51
8.3.1 OIL & GAS HEATER 51
8.4 HVACR 52
8.5 FOOD & BEVERAGE 52
8.5.1 SUGAR AND ETHANOL PRODUCTION 52
8.5.2 OTHER APPLICATIONS 52
8.6 POWER GENERATION 53
8.7 PULP & PAPER 53
8.8 OTHERS 53

9 HEAT EXCHANGERS MARKET, BY GRAPHITE 54
9.1 INTRODUCTION 55
9.2 CUBIC HEAT EXCHANGERS 55
9.3 GRAPHITE BLOCK HEAT EXCHANGERS 55
9.4 POLYTUBE GRAPHITE SHELL & TUBE BLOCK HEAT EXCHANGERS 55

10 PRINTED CIRCUIT HEAT EXCHANGERS MARKET 57
10.1 INTRODUCTION 58

11 HEAT EXCHANGERS MARKET, BY REGION 59
11.1 INTRODUCTION 60
11.2 NORTH AMERICA 62
11.2.1 US 65
11.2.2 CANADA 66
11.2.3 MEXICO 67
11.3 APAC 68
11.3.1 CHINA 71
11.3.2 INDIA 72
11.3.3 JAPAN 73
11.3.4 SOUTH KOREA 75
11.3.5 REST OF APAC 76
11.4 EUROPE 77
11.4.1 GERMANY 80
11.4.2 FRANCE 81
11.4.3 ITALY 82
11.4.4 UK 83
11.4.5 SWEDEN 84
11.4.6 RUSSIA 85
11.4.7 TURKEY 86
11.4.8 REST OF EUROPE 87
11.5 MIDDLE EAST & AFRICA 89
11.5.1 SAUDI ARABIA 91
11.5.2 REST OF MIDDLE EAST & AFRICA 92
11.6 SOUTH AMERICA 93
11.6.1 BRAZIL 95
11.6.2 REST OF SOUTH AMERICA 96

12 COMPETITIVE LANDSCAPE 98
12.1 OVERVIEW 98
12.2 MARKET RANKING ANALYSIS 100
12.3 COMPETITIVE SITUATIONS & TRENDS 101
12.3.1 EXPANSIONS 101
12.3.2 ACQUISITION 102
12.3.3 NEW PRODUCT LAUNCHES 103
12.3.4 CONTRACTS AND AGREEMENTS 105

13 COMPANY PROFILES 107
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 ALFA LAVAL 107
13.2 KELVION HOLDINGS 111
13.3 DANFOSS 114
13.4 SPX CORPORATION AND GODREJ & BOYCE MANUFACTURING 117
13.5 XYLEM 119
13.6 API HEAT TRANSFER 121
13.7 GUNTNER 122
13.8 HINDUSTAN DORR-OLIVER 124
13.9 HISAKA WORKS 125
13.10 JOHNSON CONTROLS INTERNATIONAL 127
13.11 OTHER COMPANIES 128
13.11.1 HRS HEAT EXCHANGERS 128
13.11.2 MODINE MANUFACTURING COMPANY 128
13.11.3 SIERRA 128
13.11.4 SWEP INTERNATIONAL 128
13.11.5 MERSEN 128
13.11.6 THERMAX GLOBAL 128
13.11.7 KOCH HEAT TRANSFER COMPANY 128
13.11.8 HARSCO INDUSTRIAL AIR-X-CHANGERS 129
13.11.9 BARRIQUAND TECHNOLOGIES 129
13.11.10 FUNKE WARMEAUSTAUSCHER APPARATEBAU 129
13.11.11 VAHTERUS 129
13.11.12 RADIANT HEAT EXCHANGER 129
13.11.13 DOOSAN CORPORATION 129
13.11.14 AIR PRODUCTS AND CHEMICALS 129
13.11.15 THERMOFIN 130
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

14 APPENDIX 131
14.1 DISCUSSION GUIDE 131
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 134
14.3 RELATED REPORTS 136
14.4 AUTHOR DETAILS 137