Report Synopsis
The recent past has witnessed significant developments in the global heat exchangers market. The environment-friendly and energy efficient properties of these devices have made them an indispensable component of several industrial applications. Increasing prices of energy have resulted in growing demand for heat exchangers and these devices play a key role in saving energy in many industries, such as chemical, petrochemical, petroleum refining and power.

While Tabular Heat Exchangers market account for the Lion’s share of over 50% of global Heat Exchangers market, Plate Type Heat Exchangers market is poised to post the fastest 2019-2025 CAGR of 8% and reach a projected US$6.8 billion by 2025 from a forecast US$4.3 billion in 2019. The overall global market for Heat Exchangers is expected to exceed US$16 billion in 2019.

Research Findings &Coverage

  • This global market research report on Heat Exchangers analyzes the market with respect to product types, materials and end-use industries
  • Heat exchangers’ market size is estimated in this report by product types, materials and end-use industries across all major countries
  • Newly Developed Cermet Offers Improved Heat Exchange in Solar Plants
  • Plate Heat Exchanger Applications Growing
  • Development of High Temperature Heat Exchangers on the Rise
  • Ceramics as Alternative Materials for High Temperature Heat Exchangers
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled – 40
  • The industry guide includes the contact details for 130 companies

Product Outline
The market for key product types of Heat Exchangers studied in this report comprise the following:

  • Extended Surface
  • Plate Type
  • Regenerators
  • Tubular

The report analyzes the market for the following material types of Heat Exchangers:

  • Carbon Steel
  • Nickel
  • Stainless Steel
  • Other Materials

The report analyzes the market for the following end-use industries of Heat Exchangers:

  • Chemical
  • Food & Beverage
  • HVACR
  • Paper & Pulp
  • Petrochemical and Oil & Gas
  • Power Generation
  • Other Industries

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the global Heat Exchangers market for the period 2016-2025 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through 2025.

Geographic Coverage

  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, the United Kingdom and Rest of Europe)
  • Asia-Pacific (Asia-Pacific – China, India, Japan, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Rest of World