Heat-Exchange Equipment market

Heat-Exchange Equipment Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 129 Pages
  • Report code : PMR-7622319

  • 4.7 (158)

Heat-Exchange Equipment Market

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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.

Heat-Exchange Equipment Market aims to provide a comprehensive presentation of the global market for Heat-Exchange Equipment, 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 Heat-Exchange Equipment. Heat-Exchange Equipment Market contains market size and forecasts of Heat-Exchange Equipment in global, including the following market information:

Global Heat-Exchange Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Heat-Exchange Equipment Market Sales, 2018-2023, 2024-2029, (K MT)

Global top five Heat-Exchange Equipment companies in 2022 (%)

The global Heat-Exchange Equipment market was valued at US$ 11710 million in 2022 and is projected to reach US$ 14090 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

We surveyed the Heat-Exchange Equipment 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 Heat-Exchange Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Heat-Exchange Equipment Market Segment Percentages, by Type, 2022 (%)

Shell and Tube Heat Exchanger

Plate Heat Exchanger

Air-cooled Heat Exchanger

Global Heat-Exchange Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Heat-Exchange Equipment Market Segment Percentages, by Application, 2022 (%)

Petrochemical

Power and Metallurgy

Ship

Mechanical

Food

Pharmaceutical

Other

Global Heat-Exchange Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Heat-Exchange Equipment Market Segment Percentages, By Region and Country, 2022 (%)

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 Heat-Exchange Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Heat-Exchange Equipment revenues share in global market, 2022 (%)

Key companies Heat-Exchange Equipment sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Heat-Exchange Equipment sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Heat-Exchange Equipment, market overview.

Chapter 2: Global Heat-Exchange Equipment market size in revenue and volume.

Chapter 3: Detailed analysis of Heat-Exchange Equipment 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 Heat-Exchange Equipment 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 Heat-Exchange Equipment 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.

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