Press release
Heat Exchangers: Market Integration of Latest Technologies into Existent Offerings with Key Players – API Heat Transfer, Brask, Danfoss A/S, Koch Industries
Heat Exchangers Market
Heat exchangers are highly labor-intensive to produce, which is attributed to the long welding hours that are required. The different types of heat exchangers products and dimensions reduce manufacturing efficiency. This is one of the major reasons production is increasingly being shifted to developing countries owing to availability of cheap labor. Only the standard products are manufactured in developing countries as of now; however, in future, custom-made heat exchangers are anticipated to be produced in developing countries such as India, and China. However, high cost of raw materials used for manufacture of shell & tube heat exchangers is expected to inhibit the growth to some extent.
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KEY MARKET PLAYERS
API Heat Transfer
Brask, Inc.
Danfoss A/S
Güntner GmbH & Co. KG
Kelvion Holding GmbH
Koch Industries, Inc.
Lytron Inc.
Thermofin
Xylem Inc.
The other players in the value chain include of the market includes HRS Heat Exchangers, Thermax Global, Harsco Industrial Air-X-Changers, Radiant Heat Exchanger, Air Products and Chemicals, Doosan Corporation, Sierra, Mersen, Barriquand Technologies, Swep International, and others.
The global heat exchangers market is segmented based on type, end-user industry, material of construction, and region. Depending on type, the market is categorized into shell & tube, plate & frame, air-cooled, microchannel, and others. On the basis of end-user industry, it is classified into chemical, petrochemical, oil & gas, HVACR, food & beverage, power generation, others. The materials of construction covered in the study include carbon steel, stainless steel, nickel, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY MARKET SEGMENTS
By Type
Shell & Tube
Plate & Frame
Air-Cooled
Microchannel
Others
By End-User Industry
Chemical
Petrochemical
Oil & Gas
HVACR
Food & Beverage
Power Generation
Others
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By Material of Construction
Carbon Steel
Stainless Steel
Nickel
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global heat exchangers market from 2019 to 2026 to determine the prevailing opportunities.
A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
The market size is provided in terms of revenue.
Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the heat exchanger industry for strategy building.
Profiles of leading players operating in the market are provided to understand the competitive scenario.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
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Nehal Chinoy
Runwal Platinum,
Ramnagar Colony, Bavdhan,
Pune, Maharashtra, India-411021
IN +919881074592
info@qurateresearch.com
https://www.qurateresearch.com/
About Us:
Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.
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