Heat-Exchange Equipment Market

The global Heat-Exchange Equipment market was valued at 1021.4 Million USD in 2021 and will grow with a CAGR of 2.92% from 2021 to 2027, based on newly published report.

The prime objective of Heat-Exchange Equipment Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Heat-Exchange Equipment Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The equipment that transfers heat from hot fluid to cold fluid is called heat exchange equipment, which is widely used in oil refining, chemical industry, light industry, pharmaceuticals, machinery, food processing and other fields.The global heat exchange equipment production market is relatively fragmented. The main manufacturers on the market include Alfa Laval, Kelvion (GEA), IHI, SPX Corporation, Danfoss (Sondex), etc., as global leading companies. Europe is the world`s largest production area, accounting for 31% of the market for output value. THT Group, Gansu Lanke Petrochemical High-tech Equipment, Accessen, etc. are leading domestic manufacturers. The global heat exchange equipment consumer market is mainly concentrated in the Asia-Pacific region, Europe, North America and other regions. Among them, the Asia-Pacific region has the largest share of heat exchange equipment sales, accounting for 45% of the world in 2019. Europe and North America are behind. In the downstream consumer market, heat exchange equipment can be widely used in petrochemicals, power and metallurgy, ships, machinery, food, pharmaceuticals, etc., among which petrochemical applications are the largest consumer market, accounting for 36% of the market. Heat-Exchange Equipment can be divided into 3 types: Shell and Tube Heat Exchanger, Plate Heat Exchanger and Air-cooled Heat Exchanger. Shell and Tube Heat Exchanger holds nearly 50% of the market, which is the biggest among the three.

By Market Verdors:

Alfa Laval

Kelvion (GEA)

IHI

SPX Corporation

Danfoss (Sondex)

API Heat Transfer

SPX Flow

Doosan

KNM

Xylem

Swep

FUNKE

HISAKA WORKS, LTD.

LARSEN & TOUBRO

THT

Hitachi Zosen Corporation

Lanke Shihua

Accessen

KTR

Oeltechnik

Siping Vickers Heat Exchange Equipment Co., Ltd.

Lanzhou lanshi Heat Exchange Equipment Co., Ltd.

Shandong Beichen

Thermowave

Hubei Defon Heat Exchange Equipment Co., Ltd.

FL-HTEP

By Types:

Shell and Tube Heat Exchanger

Plate Heat Exchanger

Air-cooled Heat Exchanger

By Applications:

Petrochemical

Power and Metallurgy

Ship

Mechanical

Food

Pharmaceutical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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