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heat exchangers market

Heat Exchangers market is a very fast growing market with an average CAGR of 9.1%. As of 2018, Heat Exchangers market industry is valued at 14.73 billion USD, and it is estimated to reach 22.76 billion USD by the year 2023.
Heat Exchangers Market to find huge growth opportunities in the Asia Pacific
Market Overview
Market Data Forecast published a report for the heat exchangers market. The global heat
exchangers market was worth US$16,624.0 million in 2018, and it is expected to reach
US$29,316.0 million by 2026, registering a CAGR of 7.2% from 2019 to 2026.
Heat exchangers are extensively accepted equipment for many end-user applications, owed
to their eco-friendly and energy-efficient properties. The increasing focus of many
regulatory bodies to fewer greenhouse gases (GHG), to reach the future sustainability, is
expected to increase the market further studied.
Moreover, the rising industrial operations in emerging countries is one of the key factors
propelling the popularity of heat exchangers.
However, when scaling and corrosion difficulties arise in heat exchangers, maintenance and
cleaning become more problematic due to the intricate designs such as in the tubular heat
exchanger. This aspect may hinder the world heat exchanger market in future.
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Report is segmented
By Type
Shell & Tube
Plate & Frame
Air Cooled
By Application
Oil & Gas
Food & Beverage
Power Generation
Pulp & Paper
Geographical Segmentation:
Based on geography, the market divided under many regions such as North America,
Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is the prominent region in the
global heat exchangers market.
Key players in the market
Alfa Laval
Atlas Copco
GEA group
SPX Corporation
Xylem Inc
Hisaka Works Ltd
Kirloskar Brothers Ltd
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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations
of market potential and forecasts with utmost granularity. Along this, the factors influential
in influencing the market dynamics and trends discussed in detail at the product level.
Further, the performance of the market at the regional and country-level had assessed and
the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategically activities
of the market players delineating the key developments like mergers & acquisitions,
collaborations and an evaluation of the competitive environment within the industry had
provided. The report also provides a broad outlook of the current market along with
recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you
in making well-informed decisions.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence
and research, business intelligence and consulting. We have rich experience in research and
consulting for various business domains to cater to the needs of both individual and
corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
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