Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Application (Chemical, Petrochemical and Oil & Gas, HVACR, Food & Beverage, Power Generation, Paper & pulp), and Region - Global Forecast to 2022

  • ID: 4327628
  • Report
  • Region: Global
  • 141 Pages
  • Markets and Markets
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The Market Size of Heat Exchangers is Estimated to Reach USD 20.65 Billion By 2022, at a CAGR of 8.3% from 2017 to 2022

FEATURED COMPANIES

  • Alfa Laval Ab
  • Danfoss A/S
  • Hisaka Works, Ltd.
  • Mersen
  • Spx Corporation
  • Tranter Inc.
  • MORE

“Increasing investments in chemical and HVACR industries drive the heat exchangers market”

Heat exchangers offer various advantages, such as high operating efficiency and reduced energy consumption. The heat exchanger market is spread across a wide range of end-use industries, including nuclear & thermal power plants, petroleum refineries, petrochemical plants, food processing plants, and HVACR.

“HVACR is one of the fastest-growing applications of heat exchanger”

The HVACR application segment is projected to grow at the highest CAGR from 2017 to 2022. The high growth is attributed to the growing building & construction industry and increased government investments in infrastructure projects resulting in installation of HVACR systems.

“Rising demand from Asia Pacific is a major driver of the heat exchanger market“

Asia Pacific is expected to be the fastest-growing market for heat exchangers in terms of value during the forecast period. China and India are the two major markets for heat exchangers in Asia Pacific. The high growth in the commercial building & construction industry, high-end real estate, and energy-saving policies are likely to drive the demand for heat exchangers in both China and India.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.

The break-up of primary interviews is given below.

  • By Company Type: Tier 1 - 33%, Tier 2 - 60%, and Others - 7%
  • By Designation: C level - 56%, Director level - 33%, and Others - 11%
  • By Region: North America - 17%, Europe - 33%, Asia-Pacific - 25%, Middle East & Africa - 17%, and South America - 8%

The key companies profiled in this market research report are Alfa Laval AB (Sweden), Kelvion Holdings Gmbh (Germany), Danfoss A/S (Denmark), SPX Corporation (US), Xylem Inc. (US), API Heat Transfer Inc. (US), Gunter AG & Co. KG (Germany), Hamon & Cie International SA (Belgium), Hindustan Dorr-Oliver Limited (India), Hisaka Works Limited (Japan), HRS Heat Exchangers (India), Modine Manufacturing Company (US), Sierra S.p.A (Italy), Sondex Holdings A/S (Denmark), and SWEP International AB (Denmark).

Research Coverage:

The market is segmented based on type, application, and region. This report covers the heat exchangers market, in terms of value and forecasts its market size till 2022. The report also provides company profiles and competitive strategies adopted by the key players in the global heat exchangers market.

Reasons to Buy the Report:
 
The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the heat exchanger market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.

2. The report helps the stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product developments, expansions, agreements & contracts partnerships, acquisitions, and joint ventures.

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FEATURED COMPANIES

  • Alfa Laval Ab
  • Danfoss A/S
  • Hisaka Works, Ltd.
  • Mersen
  • Spx Corporation
  • Tranter Inc.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Significant Market Opportunities in the Heat Exchangers Market
4.2 Heat Exchangers Market in Asia Pacific Region,  By Application And Country
4.3 Heat Exchangers Market, By Region (2016)
4.4 Heat Exchangers Market, By Application

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Surging Energy Prices
5.1.1.2 Rising Demand from the Developing Markets of Asia-Pacific
5.1.1.3 Stringent Environmental Regulations Driving the Demand for Heat Exchangers
5.1.1.4 Rise in Hvacr Deployments And Growth in Industrial Activities
5.1.1.5 Technological Advancements in Heat Exchangers Market
5.1.2 Restraints
5.1.2.1 Sluggish Growth of the Heat Exchangers Market in Europe And North America
5.1.3 Opportunities
5.1.3.1 Growing Demand for Nuclear Power Generation
5.1.3.2 Large Aftermarket for Heat Exchangers
5.1.4 Challenges
5.1.4.1 Fluorinated Greenhouse Gases Regulations
5.2 Raw Material Analysis
5.2.1 Steel
5.2.2 Non-Steel
5.3 Porter’S Five Forces
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Rivalry

6 Heat Exchangers Market, By Type
6.1 Introduction
6.2 Shell & Tube Heat Exchangers
6.2.1 Tubular Heat Exchangers
6.3 Plate & Frame Heat Exchangers
6.3.1 Gasketed Plate & Frame Heat Exchangers
6.3.2 Welded Plate & Frame Heat Exchangers
6.3.3 Brazed Heat Exchangers
6.4 Air Cooled Heat Exchangers
6.5 Others
6.5.1 Extended Surface Heat Exchangers
6.5.2 Regenerative Heat Exchangers

7 Heat Exchangers Market, By Application
7.1 Introduction
7.2 Chemical
7.3 Petrochemical And Oil & Gas
7.4 Hvacr
7.5 Food & Beverage
7.6 Power Generation
7.7 Paper & Pulp

8 Heat Exchangers Market, By Material of Construction, Temperature Range & Fluid Type
8.1 Introduction
8.1.1 Steel Heat Exchangers
8.1.2 Non-Steel Heat Exchangers
8.2 Fluid Type: Water-Based & Thermic Fluids
8.3 Temperature Range

9 Graphite Heat Exchangers Market
9.1 Introduction
9.1.1 Cubic Heat Exchangers
9.1.2 Graphite Block Heat Exchangers
9.1.3 Polytube Graphite Shell & Tube Block Heat Exchangers

10 Printed Circuit Heat Exchangers Market
10.1 Introduction

11 Heat Exchangers Market, By Region
11.1 Introduction
11.2 North America
11.2.1 Us
11.2.2 Canada
11.3 Asia Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Malaysia
11.3.6 Rest of Asia Pacific
11.4 Western Europe
11.4.1 Germany
11.4.2 France
11.4.3 Italy
11.4.4 Uk
11.4.5 Sweden
11.4.6 Rest of Western Europe
11.5 Central & Eastern Europe
11.5.1 Russia
11.5.2 Turkey
11.5.3 Rest of Central & Europe 87
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 Rest of Middle East & Africa
11.7 South America
11.7.1 Brazil
11.7.2 Rest of South America

12 Competitive Landscape
12.1 Introduction
12.1.1 Dynamic Differentiator
12.1.2 Innovators
12.1.3 Visionary Leaders
12.1.4 Emerging Companies
12.2 Competitive Benchmarking
12.2.1 Strength of Product Portfolio
12.2.2 Business Strategy Excellence
12.3 Market Ranking of Key Players

13 Company Profile
(Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, Mnm View)*
13.1 Alfa Laval Ab
13.2 Kelvion Holdings Gmbh
13.3 Danfoss A/S
13.4 Spx Corporation
13.5 Xylem Inc.
13.6 Api Heat Transfer Inc.
13.7 Guntner Gmbh & Co. Kg
13.8 Hamon & Cie International
13.9 Hindustan Dorr-Oliver Ltd.
13.10 Hisaka Works, Ltd.
13.11 Other Key Players
13.11.1 Hrs Heat Exchangers Ltd.
13.11.2 Modine Manufacturing Company
13.11.3 Sierra S.P.A.
13.11.4 Swep International Ab
13.11.5 Mersen
13.11.6 Thermax Global
13.11.7 Koch Heat Transfer Company
13.11.8 Gea Group Aktiengesellschaft
13.11.9 Harsco Industrial Air-X-Changers
13.11.10 Barriquand Technologies
13.11.11 Tranter Inc.
13.11.12 Funke Warmeaustauscher Apparatebau Gmbh
13.11.13 Vahterus
13.11.14 Radiant Heat Exchanger Pvt. Ltd.
13.11.15 Smart Heat Incorporated
*Details On Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, Mnm View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights from Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing Rt: Real-Time Market Intelligence
14.5 Related Reports
14.6 Author Details

List of Tables
Table 1 Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 2 Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 3 Heat Exchangers Market Share, By Material of Construction, 2016 (USD Million)
Table 4 Steel Heat Exchangers Market Share, By Type, 2016 (USD Million)
Table 5 Non-Steel Heat Exchangers Market Share, By Type, 2016 (USD Million)
Table 6 Heat Exchangers Market Share, By Fluid Type, 2016 (USD Million)
Table 7 Heat Exchangers Market Share, By Temperature Range, 2016 (USD Million)
Table 8 Graphite Heat Exchangers Market Size, By Region, 2015-2022 (USD Million)
Table 9 Printed Circuit Heat Exchangers Market Share, By Region,  2015-2022 (USD Million)
Table 10 Global Heat Exchangers Market Size, By Region, 2015-2022 (USD Million)
Table 11 North America: Heat Exchangers Market Size, By Country,  2015-2022 (USD Million)
Table 12 North America: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 13 North America: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 14 Us: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 15 Us: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 16 Canada: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 17 Canada: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 18 Asia Pacific: Heat Exchangers Market Size, By Country,  2015-2022 (USD Million)
Table 19 Asia Pacific: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 20 Asia Pacific: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 21 China: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 22 China: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 23 India: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 24 India: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 25 Japan: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 26 Japan: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 27 South Korea: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 28 South Korea: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 29 Malaysia: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 30 Malaysia: Heat Exchangers Market Size, By Application,  2015-2022 ( USD Million)
Table 31 Rest of Asia Pacific: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 32 Rest of Asia Pacific: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 33 Western Europe: Heat Exchangers Market Size, By Country,  2015-2022 (USD Million)
Table 34 Western Europe: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 35 Western Europe: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 36 Germany: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 37 Germany: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 38 France: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 39 France: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 40 Italy: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 41 Italy: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 42 Uk: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 43 Uk: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 44 Sweden: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 45 Sweden: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 46 Rest of Western Europe: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 47 Rest of Western Europe: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 48 Central & Eastern Europe: Heat Exchangers Market Size, By Country, 2015-2022 (USD Million)
Table 49 Central & Eastern Europe: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 50 Central & Eastern Europe: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 51 Russia: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 52 Russia: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 53 Turkey: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 54 Turkey: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 55 Rest of Central & Eastern Europe: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 56 Rest of Central & Eastern Europe: Heat Exchangers Market Size,  By Application, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Heat Exchangers Market Size, By Country,  2015-2022 (USD Million)
Table 58 Middle East & Africa: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 59 Middle East & Africa: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 60 Saudi Arabia: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 61 Saudi Arabia: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 62 Rest of Middle East & Africa: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 63 Rest of Middle East & Africa: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 64 South America: Heat Exchangers Market Size, By Country,  2015-2022 (USD Million)
Table 65 South America: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 66 South America: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)
Table 67 Brazil: Heat Exchangers Market Size, By Type, 2015-2022 (USD Million)
Table 68 Brazil: Heat Exchangers Market Size, By Application, 2015-2022 (USD Million)
Table 69 Rest of South America: Heat Exchangers Market Size, By Type,  2015-2022 (USD Million)
Table 70 Rest of South America: Heat Exchangers Market Size, By Application,  2015-2022 (USD Million)

List of Figures
Figure 1 Heat Exchangers Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Chemical Estimated to Be the Largest Application Segment in the Heat Exchangers Market
Figure 7 the Shell & Tube Segment to Lead the Heat Exchangers Market
Figure 8 the Us Dominates the Heat Exchangers Market
Figure 9 Europe Lead the Global Heat Exchangers Market 2016
Figure 10 Attractive Opportunities in the Heat Exchangers Market
Figure 11 China Dominates the Heat Exchangers Market in Asia Pacific
Figure 12 Europe Accounted for the Largest Share of the Heat Exchangers Market in 2016
Figure 13 Petrochemical And Oil & Gas Segment to Register the Highest Growth Rate Between 2017 And 2022
Figure 14 Drivers, Restraints, Opportunities, And Challenges in the Heat Exchangers Market
Figure 15 Steel Price Analysis 2015-2022
Figure 16 Heat Exchangers Market: Porter’S Five Forces Analysis
Figure 17 Shell & Tube Heat Exchangers Accounted for the Largest Market Share During the Forecast Period
Figure 18 Demand for Heat Exchangers to Be Dominated By the Chemical Industry Till 2022
Figure 19 Heat Exchangers Classification
Figure 20 Graphite Heat Exchangers Market, By Region 2016
Figure 21 China to Register the Highest CAGR in the Heat Exchangers Market Between 2017 And 2022
Figure 22 the Us Was the Key Market for Top 3 Applications of Heat Exchangers in the North American Region in 2016
Figure 23 Us is Estimated to Be the Largest Market for Heat Exchangers in North America
Figure 24 China Was the Key Market for Top 3 Applications of Heat Exchangers in the Asia Pacific Region in 2016
Figure 25 Competitive Leadership Mapping, 2016
Figure 26 Heat Exchangers Market Ranking, 2016
Figure 27 Alfa Laval Ab: Company Snapshot
Figure 28 Danfoss A/S: Company Snapshot
Figure 29 Spx Corporation: Company Snapshot
Figure 30 Xylem Inc.: Company Snapshot
Figure 31 Hamon & Cie International Sa: Company Snapshot
Figure 32 Hindustan Dorr-Oliver Ltd.: Company Snapshot
Figure 33 Hisaka Works, Ltd.: Company Snapshot

Note: Product cover images may vary from those shown
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  • Alfa Laval Ab
  • Api Heat Transfer Inc.
  • Barriquand Technologies
  • Danfoss A/S
  • Funke Warmeaustauscher Apparatebau Gmbh
  • Gea Group Aktiengesellschaft
  • Guntner Gmbh & Co. Kg
  • Hamon & Cie International
  • Harsco Industrial Air-X-Changers
  • Hindustan Dorr-Oliver Ltd.
  • Hisaka Works, Ltd.
  • Hrs Heat Exchangers Ltd.
  • Kelvion Holdings Gmbh
  • Koch Heat Transfer Company
  • Mersen
  • Modine Manufacturing Company
  • Radiant Heat Exchanger Pvt. Ltd.
  • Sierra S.P.A.
  • Smart Heat Incorporated
  • Spx Corporation
  • Swep International Ab
  • Thermax Global
  • Tranter Inc.
  • Vahterus
  • Xylem Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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