Heat Exchanger Market Share Research Report [2024–2031] | 128 Pages

Alisa Watson
6 min readJan 12, 2024

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360 Research Reports has published a new report titled as “Heat Exchanger Market” by End User (Petrochemical, Electric Power & Metallurgy, Shipbuilding Industry, Mechanical Industry, Central Heating, Food Industry, Other Applications), Types (TYPE1), Region and Global Forecast to 2024–2031. This Exclusive Data Report also presents qualitative and quantitative perspectives on SWOT and PESTLE analysis based on geographical regions and industry segments.

Browse Detailed TOC of Heat Exchanger Market report which is spread across 128+ Pages, Tables and Figures with Charts that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Who is the largest manufacturers of Heat Exchanger Market worldwide?

  • Alfa Laval
  • Kelvion (GEA)
  • SPX
  • IHI
  • Danfoss (Sondex)
  • SPX-Flow
  • DOOSAN
  • API
  • KNM
  • Funke
  • Xylem
  • Thermowave
  • Hisaka
  • SWEP
  • LARSEN & TOUBRO
  • Accessen
  • THT
  • Hitachi Zosen
  • LANPEC
  • Siping ViEX
  • Beichen
  • Lanzhou LS
  • Defon
  • Ormandy
  • FL-HTEP

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Short Description About Heat Exchanger Market:

The Global Heat Exchanger market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Heat Exchangers is a piece of equipment built for efficient heat transfer from one medium to another. Heat exchangers are devices whose primary responsibility is the transfer (exchange) of heat, typically from one fluid to another. However, they are not only used in heating applications, such as space heaters, but are also used in cooling applications, such as refrigerators and air conditioners.

Market Analysis and Insights: Global Heat Exchanger Market

Due to the COVID-19 pandemic, the global Heat Exchanger market size is estimated to be worth USD 15180 million in 2021 and is forecast to a readjusted size of USD 22630 million by 2028 with a CAGR of 5.8Percent during the forecast period 2022–2028.

Global Heat Exchanger key players include Alfa Laval, Kelvion (GEA), SPX, IHI, Danfoss (Sondex) etc. Global top five manufacturers hold a share over 35Percent. Asia-Pacific is the largest market, with a share over 30Percent, followed by North America and Europe, both have a share over 50Percent percent.

In terms of product, Shell & Tube Heat Exchanger is the largest segment, with a share over 30Percent. And in terms of application, the largest application is Petrochemical, followed by Electric Power & Metallurgy.

Global Heat Exchanger Scope and Market Size

The global Heat Exchanger market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Heat Exchanger market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017–2028.

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What are the factors driving the growth of the Heat Exchanger Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Heat Exchanger

  • Petrochemical
  • Electric Power & Metallurgy
  • Shipbuilding Industry
  • Mechanical Industry
  • Central Heating
  • Food Industry
  • Other Applications

What are the types of Heat Exchanger available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Heat Exchanger market share In 2024.

  • Shell & Tube Heat Exchanger
  • Plate Heat Exchanger
  • Air Cooled Heat Exchanger
  • Other Types

Which regions are leading the Heat Exchanger Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Heat Exchanger Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Heat Exchanger market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Heat Exchanger? What are the upcoming industry applications and trends for Heat Exchanger market?
  • What Are Projections of Global Heat Exchanger Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Heat Exchanger? What are the raw materials used for Heat Exchanger manufacturing?
  • How big is the opportunity for the Heat Exchanger market? How will the increasing adoption of Heat Exchanger for mining impact the growth rate of the overall market?
  • How much is the global Heat Exchanger market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Heat Exchanger market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Heat Exchanger Industry?

Heat Exchanger Market — Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Heat Exchanger market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Heat Exchanger industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Heat Exchanger Industry.

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Detailed TOC of Global Heat Exchanger Market Research Report, 2024–2031

1 Market Overview
1.1 Product Overview and Scope of Heat Exchanger
1.2 Classification of Heat Exchanger by Type
1.2.1 Overview: Global Heat Exchanger Market Size by Type: 2017 Versus 2021 Versus 2031
1.2.2 Global Heat Exchanger Revenue Market Share by Type in 2021
1.3 Global Heat Exchanger Market by Application
1.3.1 Overview: Global Heat Exchanger Market Size by Application: 2017 Versus 2021 Versus 2031
1.4 Global Heat Exchanger Market Size and Forecast
1.5 Global Heat Exchanger Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Heat Exchanger Market Drivers
1.6.2 Heat Exchanger Market Restraints
1.6.3 Heat Exchanger Trends Analysis

2 Company Profiles
2.1 Company
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Heat Exchanger Product and Solutions
2.1.4 Company Heat Exchanger Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2024)
2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Heat Exchanger Revenue and Share by Players (2019,2020,2021, and 2024)
3.2 Market Concentration Rate
3.2.1 Top3 Heat Exchanger Players Market Share in 2021
3.2.2 Top 10 Heat Exchanger Players Market Share in 2021
3.2.3 Market Competition Trend
3.3 Heat Exchanger Players Head Office, Products and Services Provided
3.4 Heat Exchanger Mergers and Acquisitions
3.5 Heat Exchanger New Entrants and Expansion Plans

4 Market Size Segment by Type
4.1 Global Heat Exchanger Revenue and Market Share by Type (2017–2024)
4.2 Global Heat Exchanger Market Forecast by Type (2024–2031)

5 Market Size Segment by Application
5.1 Global Heat Exchanger Revenue Market Share by Application (2017–2024)
5.2 Global Heat Exchanger Market Forecast by Application (2024–2031)

6 Regions by Country, by Type, and by Application
6.1 Heat Exchanger Revenue by Type (2017–2031)
6.2 Heat Exchanger Revenue by Application (2017–2031)
6.3 Heat Exchanger Market Size by Country
6.3.1 Heat Exchanger Revenue by Country (2017–2031)
6.3.2 United States Heat Exchanger Market Size and Forecast (2017–2031)
6.3.3 Canada Heat Exchanger Market Size and Forecast (2017–2031)
6.3.4 Mexico Heat Exchanger Market Size and Forecast (2017–2031)

7 Research Findings and Conclusion

8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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