Heat Exchanger is a device to transfer the heat from one medium to another. Stringent regulations & norms by government regarding emissions & energy efficiency and increased demand through capital driven projects are driving the market for heat exchanger. Rapid increase in industrialization has increased the number of projects in the various industries like chemical, power generation, food & beverages, and petrochemical and oil & gas which in turn has increased the demand for the heat exchanger. Chemical segment contributes the largest share in the global heat exchanger market as heat exchanger has been playing major role in chemical industry for the purpose of heating and cooling of base, intermediates and final products. Increasing demands for chemicals for the purpose of industrial application in developing economies is expected to drive the market of heat exchangers. The global Heat Exchanger market is expected to show a growth at CAGR of about 8% from 2016 to 2021.
Study Objectives of Global Heat Exchanger Market
- To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global Heat Exchanger market
- To provide insights about factors affecting the market growth
- To analyze the global Heat Exchanger market based on various factors such as supply chain analysis, and Porter’s five forces analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, and ROW.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by classification, types, application and region
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Heat Exchanger market
- Material of Construction
- Shell & Tube Heat
- Plate & frame heat
- Air cooled Heat
- Petrochemical and Oil & Gas
- HVAC & Refrigeration
- Food & Beverages
- Pulp & Paper
- Power Generation
- North America
Regional Analysis of Global Heat Exchanger Market
Europe and North America are the major regions for the heat exchanger market. Whereas, Asia-Pacific is expected to be fastest growing market for the heat exchanger. Emerging economies like China, India, and Japan has expected to drive the market due to growth in manufacturing and processing sector, industrialization and increased demand through capital driven projects.
The key players of Global Heat Exchanger Market report include- Alfa Laval Ab , Api Heat Transfer Inc., Danfoss A/S, Funke Warmeaustauscher Apparatebau GmbH, GEA Group Aktiengesellschaft, Guntner AG & Co. KG, Hamon & CIE (International) SA, Hindustan Dorr-Oliver Ltd, Hisaka Works Ltd, HRS Heat Exchangers Ltd, Koch Heat Transfer Company LP, Modine Manufacturing Company, Sierra S.p.A., Smartheat Inc., and sondex holding A/s.
- Manufacturers of Heat Exchanger
- Traders, distributors, and heat exchanger suppliers
- Government and research organization
- Investment bankers and M&A Consultants
- Geographical analysis across 17 countries
- Profiling of 10 key market players
- SWOT analysis, and strategy information of top five players in the market
- Competitive landscape including emerging trends adopted by major companies
The report covers brief analysis of country level market information –
- North America
- ·Rest of North America
- ·Rest of Europe
- ·Rest of Asia-Pacific
- ·Saudi Arabia
The report for Global Heat Exchanger Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.