Field-Erected Cooling Tower Market by Type (Wet, Dry, and Hybrid), Design (Natural, Forced, and Induced), End-User (Power Generation, Petrochemical and Oil & Gas, Iron & Steel and Metallurgy, Paper Mills), and Region - Global Forecasts to 2022

  • ID: 4463284
  • Report
  • Region: Global
  • 132 Pages
  • Markets and Markets
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The Field-Erected Cooling Tower Market is Projected to Grow from An Estimated USD 1.78 Billion in 2017 to USD 2.15 Billion By 2022, at a CAGR of 3.78%, from 2017 to 2022.

FEATURED COMPANIES

  • Babcock & Wilcox (B&W)
  • Benchmarking
  • Delta Cooling Towers
  • Evapco
  • Mesan
  • SPX
  • MORE

“The field-erected cooling tower market is projected to grow at a CAGR of 3.78%, from 2017 to 2022.”

Stringent environmental regulations and growth in industrial activities are driving the demand for the field-erected cooling tower market across the world. The rise in alternative energy programs is a restraint for the field-erected cooling tower market.

“The power generation segment is expected to hold the largest share of the field-erected cooling tower market, by end-user, during the forecast period.”

The power generation segment is the largest end-user market. Field-erected cooling towers are used to cool the circulating water. Power plants implement closed cooling systems with the towers to deal with water scarcity. The towers initiate the cooling process by reusing the water, making power plants economical and environment-friendly. The growth in the energy demand, resulting from increasing population, is likely to drive the demand for field-erected cooling towers in the power generation industry.

“Asia Pacific: The key market for field-erected cooling towers.”

The Asia Pacific region was expected to lead the field-erected cooling tower market with the largest market share in 2017 and is projected to grow at the highest CAGR from 2017 to 2022. The rising population, urbanization, and industrialization, along with growing concerns related to infrastructure development in China and India are some of the factors driving the market in this region. Further, the region is developing as the fastest growing end-market for iron & steel and metallurgy. The region houses the world’s biggest steel industry, which would further boost the field-erected cooling tower market in the region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 43%, Tier 2- 35%, Tier 3- 22%
  • By Designation: C-Level- 27%, D-Level- 48%, Others- 25%
  • By Region: Asia Pacific- 53%, Middle East & Africa - 14%, Europe- 10%, North America-  18%, South America- 5%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion
Note: Others includes product engineers, sales managers, regional managers, consultants, and technical experts
The leading players in the field-erected cooling tower market are SPX (US), Hamon (Belgium), Enexio (Germany), Evapco (US), and BAC (US).

Research Coverage:

The report provides a picture of the field-erected cooling tower market across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, design, end-user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of type, design, end-user, and region with a focus on industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the field-erected cooling tower market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the field-erected cooling tower market.
  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for field-erected cooling tower across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global field-erected cooling tower market.

Why buy this report?

1. The report identifies and addresses key markets for field-erected cooling towers, which is useful for suppliers and OEMs to review production and distribution plans.

2. The report includes analysis of key countries by end-user of field-erected cooling towers; for instance, its application in power generation, petrochemical and oil & gas, iron & steel and metallurgy, paper mills, and others. Others include food & beverage and HVAC. It analyzes historical trends and also forecast for 2021, assisting in strategic decision making.

3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Babcock & Wilcox (B&W)
  • Benchmarking
  • Delta Cooling Towers
  • Evapco
  • Mesan
  • SPX
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 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 Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Field-Erected Cooling Tower Market
4.2 Field-Erected Cooling Tower Market, By Country
4.3 Asia Pacific Field-Erected Cooling Tower Market, By Type & Country
4.4 Field-Erected Cooling Tower Market, By Type
4.5 Field-Erected Cooling Tower Market, By Design
4.6 Field-Erected Cooling Tower Market, By End-User

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Environmental Regulations
5.2.1.2 Growth in Industrial Activities
5.2.1.3 Increasing Number of Natural Gas-Fired Power Plants
5.2.1.4 Growing Power Sector and Augmented Power Generation Capacities Worldwide
5.2.2 Restraints
5.2.2.1 Highly Fragmented & Competitive Industry
5.2.2.2 Rise in Alternative Energy Programs
5.2.3 Opportunities
5.2.3.1 Increasing Energy Generation From Nuclear Power
5.2.4 Challenges
5.2.4.1 Need for Large Quantities of Water

6 Field-Erected Cooling Tower Market, By Type
6.1 Introduction
6.2 Wet
6.3 Dry
6.4 Hybrid

7 Field-Erected Cooling Tower Market, By Design
7.1 Introduction
7.2 Natural Draft
7.3 Forced Draft
7.4 Induced Draft

8 Field-Erected Cooling Tower Market, By End-User
8.1 Introduction
8.2 Power Generation
8.3 Petrochemicals & Oil & Gas
8.4 Iron & Steel & Metallurgy
8.5 Paper Mills
8.6 Others

9 Field-Erected Cooling Tower Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Italy
9.3.4 UK
9.3.5 Russia
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Kuwait
9.6.4 South Africa
9.6.5 Rest of the Middle East & Africa

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Players and Industry Concentration, 2016
10.3 Competitive Scenario
10.3.1 New Product Developments
10.3.2 Contracts & Agreements
10.3.3 New Product Developments

11 Company Profiles
(Business Overview, Products Offered, Recent Developments & MnM View)*
11.1 Benchmarking
11.2 SPX
11.3 Enexio
11.4 Hamon & Cie
11.5 Baltimore Aircoil
11.6 Paharpur
11.7 Babcock & Wilcox (B&W)
11.8 Brentwood Industries
11.9 Delta Cooling Towers
11.10 Evapco
11.11 International Cooling Tower
11.12 Mesan
11.13 Star Cooling Towers
*Details on Business Overview, Products Offered, Recent Developments & MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables
Table 1 Field-Erected Cooling Tower Market Snapshot
Table 2 Countries With the Fastest-Growing Power Generation Sectors, 2005-2015
Table 3 Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 4 Wet: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 5 Dry: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 6 Hybrid: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 7 Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 8 Natural Draft: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 9 Forced Draft: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 10 Induced Draft: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 11 Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 12 Power Generation, Top 5 Largest Market of Field-Erected Cooling Tower, By Country (USD Million)
Table 13 Petrochemical and Oil & Gas, Top 5 Fastest Growing Market of Field-Erected Cooling Tower, By Country (USD Million)
Table 14 Power Generation: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 15 Petrochemicals & Oil & Gas: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 16 Iron & Steel & Metallurgy: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 17 Paper Mills: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 18 Others: Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 19 Field-Erected Cooling Tower Market Size, By Region, 2015-2022 (USD Million)
Table 20 Top 5 Largest Markets for Field-Erected Cooling Towers, By Country, 2015-2022 (USD Million)
Table 21 Top 5 Fastest-Growing Markets for Field-Erected Cooling Towers, By Country, 2015-2022 (USD Million)
Table 22 North America: Field-Erected Cooling Tower Market Size, By Country, 2015-2022 (USD Million)
Table 23 North America: Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 24 North America: Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 25 North America: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 26 US: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 27 Canada: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 28 Mexico: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 29 Europe: Field-Erected Cooling Tower Market Size, By Country, 2015-2022 (USD Million)
Table 30 Europe: Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 31 Europe: Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 32 Europe: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 33 Germany: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 34 France: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 35 Italy: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 36 UK: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 37 Russia: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 38 Rest of Europe: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 39 Asia Pacific: Field-Erected Cooling Tower Market Size, By Country, 2015-2022 (USD Million)
Table 40 Asia Pacific: Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 41 Asia Pacific: Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 42 Asia Pacific: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 43 China: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 44 India: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 45 Japan: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 46 Rest of Asia Pacific: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 47 South America: Field-Erected Cooling Tower Market Size, By Country, 2015-2022 (USD Million)
Table 48 South America: Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 49 South America: Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 50 South America: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 51 Brazil: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 52 Argentina: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 53 Rest of South America: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 54 Middle East & Africa: Field-Erected Cooling Tower Market Size, By Country, 2015-2022 (USD Million)
Table 55 Middle East & Africa: Field-Erected Cooling Tower Market Size, By Type, 2015-2022 (USD Million)
Table 56 Middle East & Africa: Field-Erected Cooling Tower Market Size, By Design, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 58 Saudi Arabia: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 59 UAE: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 60 Kuwait: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 61 South Africa: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 62 Rest of the Middle East & Africa: Field-Erected Cooling Tower Market Size, By End-User, 2015-2022 (USD Million)
Table 63 Baltimore, the Most Active Player in the Field-Erected Cooling Tower Market Between the Years 2014 and 2017

List of Figures
Figure 1 Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 Asia Pacific Held the Largest Share of the Field-Erected Cooling Tower Market in 2016
Figure 6 The Wet Field-Erected Cooling Towers Segment is Expected to Dominate the Market During the Forecast Period
Figure 7 The Induced Draft Segment is Expected to Be the Largest Market By 2022
Figure 8 The Power Generation Segment is Expected to Dominate the Field-Erected Cooling Tower Market During the Forecast Period
Figure 9 Increase in Demand for Power and Government Regulations are Expected to Drive the Field-Erected Cooling Tower Market During the Forecast Period
Figure 10 China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 The Wet Type Segment is Estimated to Lead the Field-Erected Cooling Tower Market in Asia Pacific
Figure 12 The Wet Segment is Expected to Be the Largest Market Between 2017-2022
Figure 13 The Induced Draft Segment is Expected to Lead the Field-Erected Cooling Tower Market During the Forecast Period
Figure 14 Power Generation Held the Largest Market Share in 2017
Figure 15 Drivers, Restraints, Opportunities, & Challenges in the Field-Erected Cooling Tower Market
Figure 16 Dry Shale Gas Production
Figure 17 Under-Construction Nuclear Reactors
Figure 18 The Wet Field-Erected Cooling Tower Segment Led the Market in 2016
Figure 19 The Induced Draft Segment Led the Field-Erected Cooling Tower Market in 2016
Figure 20 The Power Generation Segment Led the Field-Erected Cooling Tower Market in 2016
Figure 21 Regional Snapshot: the Market in Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Asia Pacific Led the Field-Erected Cooling Tower Market in 2016
Figure 23 Asia Pacific: Market Snapshot
Figure 24 Middle East & Africa: Market Snapshot
Figure 25 Key Developments in the Field-Erected Cooling Tower Market, 2014-2017
Figure 26 SPX Led the Field-Erected Cooling Tower Market in 2016
Figure 27 SPX: Company Snapshot
Figure 28 Hamon & CIE: Company Snapshot
Figure 29 Babcock & Wilcox (B&W): Company Snapshot

Note: Product cover images may vary from those shown
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  • Babcock & Wilcox (B&W)
  • Baltimore Aircoil
  • Benchmarking
  • Brentwood Industries
  • Delta Cooling Towers
  • Enexio
  • Evapco
  • Hamon & Cie
  • International Cooling Tower
  • Mesan
  • Paharpur
  • SPX
  • Star Cooling Towers
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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