Cooling Towers Market

The global Cooling Towers market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In China, key players of cooling towers include Seagull Cooling Technologies, King Sun Industry and Feiyang Group. The top three manufacturers hold a share about 27%. In terms of product, open-circuit cooling towers is the largest segment, with a share about 67%. And in terms of application, the largest application is power generation, with a share about 27%.
A cooling tower is a specialized heat exchanger in which air and water are brought into direct contact with each other in order to reduce the water's temperature. As this occurs, a small volume of water is evaporated, reducing the temperature of the water being circulated through the tower.
Cooling Towers Market aims to provide a comprehensive presentation of the global market for Cooling Towers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cooling Towers. Cooling Towers Market contains market size and forecasts of Cooling Towers in global, including the following market information:
Global Cooling Towers Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Cooling Towers Market Sales, 2019-2024, 2025-2030, (Units)
Global top five Cooling Towers companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cooling Towers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cooling Towers Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Cooling Towers Market Segment Percentages, by Type, 2023 (%)
Open-Circuit Cooling Towers
Closed-Circuit Cooling Towers
Global Cooling Towers Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Cooling Towers Market Segment Percentages, by Application, 2023 (%)
Power Generation
HVAC
Oil & Gas
Chemical & Petrochemical
Food & Beverages
Metallurgical
Others
Global Cooling Towers Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Cooling Towers Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cooling Towers revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Cooling Towers revenues share in global market, 2023 (%)
Key companies Cooling Towers sales in global market, 2019-2024 (Estimated), (Units)
Key companies Cooling Towers sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baltimore Aircoil Company (BAC)
SPX Cooling Technologies
EVAPCO
KUKEN
Seagull Cooling Technologies
Hamon
Paharpur Cooling Towers
Kelvion
ENEXIO
BRAPU
EBARA
Kobelco Eco-Solutions
Liang Chi Industry
Laxun Cooling Tower
King Sun Industry
Hunan Yuanheng
Mitsubishi Chemical Infratec
Feiyang Group
Babcock & Wilcox
Nihon Spindle
Kyung In Machinery
Metso Outotec
Delta Cooling Towers
Daeil Aqua
Wanxiang Refrigeration
Sinro Group
Guangdong Trlon
Shanghai Tyacht
Wuxi Fangzhou
Pengsheng Heat Transfer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cooling Towers, market overview.
Chapter 2: Global Cooling Towers market size in revenue and volume.
Chapter 3: Detailed analysis of Cooling Towers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cooling Towers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cooling Towers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.