Title: Heat Exchangers Market Forecast
1- Heat Exchangers Market Forecast
2- Increasing investments in chemical and HVACR
industries drive the heat exchanger marketThe
market size of heat exchangers is estimated to
reach USD 19.14 billion by 2021, at a CAGR of
8.2. Heat exchangers offer various advantages,
such as high operating efficiency, reduced energy
consumption, and keeping pace with the green
trends. The heat exchanger market is spread
across a wide range of end-use industries,
including nuclear thermal power plants,
petroleum refineries, petrochemical plants, food
processing plants, and HVACR. Therefore, the
market is set to grow with the growth in other
related industries in the upcoming years. - HVACR is one of the fastest-growing applications
of heat exchangerHVACR application is estimated
to register the highest CAGR between 2015 and
2021. The high growth is attributed to the
growing building construction industry and
increased government investments in
infrastructure projects resulting in installation
of HVACR systems. In 2015, the HVACR segment
accounted for the third largest market share
among all applications, in terms of value,
followed by food beverage, power generation,
and paper pulp.
3 Rising demand from Asia-Pacific is a major driver
of the heat exchanger marketAsia-Pacific is the
fastest growing market for heat exchangers in
terms of value in the forecast period. China and
India are the two major markets of heat
exchangers in Asia-Pacific. The Chinese chemical
industry has the largest share in Asia-Pacific
resulting in an increased growth of the market.
Also, a high growth in the commercial building
construction industry, high-end real estate, and
energy-saving policies are likely to drive the
demand for heat exchangers in both China and
India. In the process of determining and
verifying the market size for several segments
and subsegments gathered through secondary
research, extensive primary interviews were
conducted.
4The report will help the market leaders/new
entrants in this market in the following
ways 1. This report segments the heat
exchanger market comprehensively and provides the
closest approximations of the revenue numbers for
the overall market and the sub segments across
different verticals and regions. 2. The report
helps the stakeholders understand the pulse of
the market and provides them with information on
key market drivers, restraints, challenges, and
opportunities. 3. This report will help
stakeholders understand the competitors and gain
more insights to improve their position in the
business. The competitive landscape section
includes new product developments, expansions,
agreements contracts partnerships,
acquisitions, and joint ventures.
5 Table of Contents
- Material Of Construction, Temperature Rangetype
109 - Heat Exchangers Market, By Application 57
- Heat Exchangers Market, By Region 72
- Heat Exchangers Market, By Type 50
- Objectives Of The Study 16
- Research Methodology 19
- Executive Summary 27
- Premium Insights 31
- Market Overview 35
- Industry Trends 43
6- To view the full Executive Summary and Table of
- Contents, please visit
- Heat Exchangers Market Forecast
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