Energy Industry News
Home | Energy News | Submit Press Release | About Us


Free Utility & Energy Magazines
Press release distribution service

Energy Media
AltEnergyMag
Clean Energy Report
Colorado Energy News
Energy: MIT Tecnology Review
Energy Business Review
Energy Cities
EUROPA
Fuel Fix
Financial Times
Interfax Energy
Green Energy Times
News York Times
NBC News
NPR
Oil & Gas Investor
Oil Price
Platt
PennEnergy
Reuters
RechargeNews
Resilience
Science Daily
Renewable Energy World
Renewable Energy Transportation
The Daily Energy Report
The Energy Daily

Energy Industry News Releases

Heat Exchangers Market worth $20.5 billion by 2024

 



(EnergyIndustry.Net, March 31, 2020 ) The report "Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Material (Steel, Non-Steel) Application (Chemical, Energy, HVACR, Food & Beverage, Power Generation, Pulp & Paper), and Region - Global Forecast to 2024" The market size of heat exchangers is estimated to grow from USD 15.3 billion in 2019 to USD 20.5 billion by 2024, at a CAGR of 6.0% from 2019 to 2024. The market is driven by the number of factors namely growth in nuclear power production, increased demand for chemical and petrochemical products, and increased demand for processed food products. The rising energy prices, energy efficiency concerns, and stringent government regulations on the emission of CO2 are also on the key drivers for the heat exchangers market.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=750

Chemical segment to lead the heat exchangers market globally

The chemical segment led the heat exchangers market with the largest share in 2019. Heat exchangers have been successfully employed for years in the chemical industry to heat and cool base, intermediate, and final products. The high level of efficiency, productivity, and operational safety have made heat exchangers important equipment in chemical production processes. Expansion across the chemical industry in the emerging economies favors the market for heat exchangers. Specialty chemicals growing demand will have a positive impact on the heat exchangers market

The shell & tube type segment is expected to lead the heat exchangers market in 2019

Shell & tube heat exchangers are the most common types of heat exchangers used globally. They are extensively used as power condensers, preheaters, oil coolers, and steam generators. These types of heat exchangers are considered to be an ideal choice for heavy-duty applications, owing to their high efficiency. Increased government investments on commercial building & construction projects are driving the demand for HVACR equipment, which, in turn, is expected to drive the demand for shell & tube heat exchangers, globally.

Don't miss out on business opportunities in Heat Exchangers Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=750

Browse in-depth TOC on "Heat Exchangers Market”
64 - Market Data Tables
39 - Figures
130 - Pages

Europe is estimated to account for the largest share of the heat exchangers market in 2019

Europe is a potential market for heat exchangers concerning demand and production capacity. This region has the presence of most global leaders operating in the heat exchangers market. The European region is the second-largest producer of chemical products globally, which favors the demand for heat exchangers in the region. Also, the presence of HVACR and power industry along with stringent energy efficiency regulations of the region to boost the demand for heat exchangers in Europe.

Key market players in the heat exchangers market

Alfa Laval (Sweden), Danfoss (Denmark), Kelvion Holdings (Germany), Guntner GmbH & Co. KG (Germany), Xylem (US), API Heat Transfer (US), Hindustan Dorr-Oliver (India), Hisaka Works (Japan), Chart Industries (US), and Johnson Controls International (Ireland) are key players operating in the heat exchangers market.

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=750

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


MarketsandMarkets™

Mr. Sanjay Gupta

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Renewable Energy News




Press release service Free Utility & Energy Magazines
Press release distribution service
:: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

Copyright 2008 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
EnergyIndustry.Net is a Energy news service of GroupWeb Media LLC