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Brazed Plate Heat Exchangers Market by Application (Evaporator, Condenser, And Economizer), End-use Industry (HVACR, chemical, food & beverage, power, heavy industries, and others), and Region - Global Forecast to 2024

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    Report

  • 107 Pages
  • February 2020
  • Region: Global
  • Markets and Markets
  • ID: 4994860

Growth of the global construction sector and increasing demand for HVACR systems are driving the overall BPHEs market.

The market is driven by various factors, such as increasing demand for HVACR systems from the construction industry, technological developments in the BPHEs, along with rapid industrialization in emerging countries. However, BPHEs are not demountable, which is restraining the growth of the market.

HVACR industry is expected to account for the largest market share during the forecast period.

BPHEs provide efficient solutions for various applications in HVACR systems. The most common application is heat transfer between the refrigerant and water or brine solution. HVACR systems are used to economize the use of energy in the construction industry. The rapid growth in the global construction industry has a positive impact on the HVACR industry. This drives the use of BPHEs in the HVACR industry.

APAC is expected to register the highest growth during the forecast period.

APAC is expected to register the highest growth during the forecast period due to the increasing population and urbanization. The increasing developments in the construction, HVACR, and chemical industries in emerging countries of the region are providing huge growth opportunities for the BPHEs market.

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the BPHEs market.


  • By Company Type - Tier 1: 25%, Tier: 50%, and Tier 3: 25%
  • By Designation - D Level: 30%, C Level: 20%, Others: 50%
  • By Region - Europe: 30%, APAC: 25%, North America: 20%, South America: 15%, Middle East & Africa: 10%

The BPHEs market comprises major players, such as Alfa Laval (Sweden), Kelvion (Germany), SWEP (Sweden), Danfoss (Denmark), Xylem (US), API Heat Transfer (US), Chart Industries (US), Hisaka Works (Japan), Kaori (Taiwan), Paul Mueller Company (US), Baode Heat Exchanger (China), Barriquand Group (France), Boyd Corporation (US), Diversified Heat Transfer (US), Funke (Germany), HRS Heat Exchangers (UK), HYDAC (Germany), Onda (Italy), Secespol (Poland), and Weil-McLain (US).

Research Coverage:

The market study covers the BPHEs market and its segments. It aims at estimating the market size and the growth potential of this market on the basis of application, end-use industry, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall BPHEs market and the subsegments. The stakeholders will be able to understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. It will also help stakeholders comprehend the pulse of the market and provide them with information on key market drivers, restraints, and opportunities.


Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 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
2.3.1 BPHEs Market Analysis Through Primary Interviews
2.4 Limitations
2.5 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the BPHEs Market
4.2 BPHEs Market, By End-Use Industry
4.3 BPHEs Market, By Region
4.4 APAC BPHEs Market, By End-Use Industry and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth of Global Construction Sector and Increasing Use of HVACr Systems in the Sector
5.2.1.2 Technological Developments
5.2.2 Restraints
5.2.2.1 BPHEs are Not Demountable
5.2.3 Opportunities
5.2.3.1 Rapid Industrialization in Emerging Economies
5.3 Porter’s Five Forces Analysis
5.3.1 Bargaining Power of Buyers
5.3.2 Bargaining Power of Suppliers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Intensity of Competitive Rivalry
6 BPHEs Market, By Application
6.1 Introduction
6.2 Evaporator
6.3 Condenser
6.4 Economizer
7 BPHEs Market, By End-Use Industry
7.1 Introduction
7.2 HVACr
7.2.1 Increase in Construction Activities Driving the Demand for BPHEs in HVACr Industry
7.3 Chemical
7.3.1 Increasing Demand for Chemicals Expected to Drive the Demand for BPHEs
7.4 Food & Beverage
7.4.1 Growing Population Expected to Drive the Food & Beverage Industry
7.5 Power
7.5.1 Need for Efficient Cooling During Power Generation Process to Fuel Demand for BPHEs
7.6 Heavy Industries
7.6.1 Increased Production Efficiency and Maximized Heat Recovery to Fuel the BPHEs Demand
7.7 Others
8 BPHEs Market, By Region
8.1 Introduction
8.2 APAC
8.2.1 China
8.2.1.1 Presence of Large Construction, Chemical, and Food & Beverage Sectors Fueling Consumption of BPHEs
8.2.2 India
8.2.2.1 India is Fastest-Growing Market for BPHEs, Globally
8.2.3 Japan
8.2.3.1 Growth of Construction, Pharmaceutical, and Food & Beverage Industries is Driving the Market
8.2.4 South Korea
8.2.4.1 Economic Growth of the Country Driving the Market
8.2.5 Rest of APAC
8.3 North America
8.3.1 US
8.3.1.1 Rise in Infrastructure Development Activities Boosting the Market
8.3.2 Canada
8.3.2.1 Recovery of the Country’s Economy Favorable for Market Growth
8.3.3 Mexico
8.3.3.1 Growing Industrial Sector Turning Mexico Into A Lucrative Market for BPHEs
8.4 Europe
8.4.1 Germany
8.4.1.1 Presence of Strong Industrial Base Driving the BPHEs Market in Germany
8.4.2 France
8.4.2.1 Development in Chemical and Pharmaceutical Sectors Likely to Propel the Use of BPHEs
8.4.3 Italy
8.4.3.1 Construction Industry to Fuel the Italian BPHEs Market
8.4.4 Russia
8.4.4.1 Recovery of the Economy is Triggering Growth of Various Industries
8.4.5 UK
8.4.5.1 Chemical and Pharmaceutical Industries are the Major Contributors to the Country’s Economy
8.4.6 Turkey
8.4.6.1 Turkey to Register the Fastest Growth Rate During the Forecast Period
8.4.7 Spain
8.4.7.1 Government Investing to Facilitate Growth of Various Manufacturing Industries
8.4.8 Rest of Europe
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Increasing Investments in Infrastructure Expected to Spur the Demand for BPHEs
8.5.2 South Africa
8.5.2.1 Increasing Foreign Investment in Various Industries Supporting the Market Growth
8.5.3 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.1.1 Brazil Emerging as A Lucrative Market for BPHEs With Growing Industrial Sector
8.6.2 Argentina
8.6.2.1 Recovering Economy of the Country is Expected to Help the Market Growth
8.6.3 Rest of South America
9 Competitive Landscape
9.1 Overview
9.2 Competitive Leadership Mapping, 2018
9.2.1 Visionary Leaders
9.2.2 Innovators
9.2.3 Dynamic Differentiators
9.2.4 Emerging Players
9.2.5 Strength of Product Portfolio
9.2.6 Business Strategy Excellence
9.3 Ranking of Key Players
9.4 Competitive Scenario
9.4.1 New Product Launch
9.4.2 Acquisition
9.4.3 Expansion
10 Company Profiles
10.1 Alfa Laval
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments
10.1.4 SWOT Analysis
10.1.5 Current Focus and Strategies
10.1.6 Threat From Competition
10.2 Kelvion
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments
10.2.4 SWOT Analysis
10.2.5 Current Focus and Strategies
10.2.6 Threat From Competition
10.3 SWEP
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 Recent Developments
10.3.4 SWOT Analysis
10.3.5 Current Focus and Strategies
10.3.6 Threat From Competition
10.4 Danfoss
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments
10.4.4 SWOT Analysis
10.4.5 Current Focus and Strategies
10.4.6 Threat From Competition
10.5 Xylem
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 SWOT Analysis
10.5.4 Current Focus and Strategies
10.5.5 Threat From Competition
10.6 API Heat Transfer
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Author's View
10.7 Chart Industries
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 Author's View
10.8 Hisaka Works
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Author's View
10.9 Kaori
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 Recent Developments
10.9.4 Author's View
10.10 Paul Mueller Company
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 Author's View
10.11 Other Companies
10.11.1 Baode Heat Exchanger
10.11.2 Barriquand Group
10.11.3 Boyd Corporation
10.11.4 Diversified Heat Transfer
10.11.5 Funke
10.11.6 HRS Heat Exchangers
10.11.7 HYDAC
10.11.8 Onda
10.11.9 Secespol
10.11.10 Weil-Mclain
11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details
List of Tables
Table 1 BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Million)
Table 2 BPHEs Market Size in HVACr, By Region, 2017-2024 (USD Thousand)
Table 3 APAC: BPHEs Market Size in HVACr, 2017-2024 (USD Thousand)
Table 4 Europe: BPHEs Market Size in HVACr, 2017-2024 (USD Thousand)
Table 5 North America: BPHEs Market Size in HVACr, 2017-2024 (USD Thousand)
Table 6 Middle East & Africa: BPHEs Market Size in HVACr, 2017-2024 (USD Thousand)
Table 7 South America: BPHEs Market Size in HVACr, 2017-2024 (USD Thousand)
Table 8 BPHEs Market Size in Chemical, By Region, 2017-2024 (USD Thousand)
Table 9 APAC: BPHEs Market Size in Chemical, 2017-2024 (USD Thousand)
Table 10 Europe: BPHEs Market Size in Chemical, 2017-2024 (USD Thousand)
Table 11 North America: BPHEs Market Size in Chemical, 2017-2024 (USD Thousand)
Table 12 Middle East & Africa: BPHEs Market Size in Chemical, 2017-2024 (USD Thousand)
Table 13 South America: BPHEs Market Size in Chemical, 2017-2024 (USD Thousand)
Table 14 BPHEs Market Size in Food & Beverage, By Region, 2017-2024 (USD Thousand)
Table 15 APAC: BPHEs Market Size in Food & Beverage, 2017-2024 (USD Thousand)
Table 16 Europe: BPHEs Market Size in Food & Beverage, 2017-2024 (USD Thousand)
Table 17 North America: BPHEs Market Size in Food & Beverage, 2017-2024 (USD Thousand)
Table 18 Middle East & Africa: BPHEs Market Size in Food & Beverage, 2017-2024 (USD Thousand)
Table 19 South America: BPHEs Market Size in Food & Beverage, 2017-2024 (USD Thousand)
Table 20 BPHEs Market Size in Power, By Region, 2017-2024 (USD Thousand)
Table 21 APAC: BPHEs Market Size in Power, 2017-2024 (USD Thousand)
Table 22 Europe: BPHEs Market Size in Power, 2017-2024 (USD Thousand)
Table 23 North America: BPHEs Market Size in Power, 2017-2024 (USD Thousand)
Table 24 Middle East & Africa: BPHEs Market Size in Power, 2017-2024 (USD Thousand)
Table 25 South America: BPHEs Market Size in Power, 2017-2024 (USD Thousand)
Table 26 BPHEs Market Size in Heavy Industries, By Region, 2017-2024 (USD Thousand)
Table 27 APAC: BPHEs Market Size in Heavy Industries, 2017-2024 (USD Thousand)
Table 28 Europe: BPHEs Market Size in Heavy Industries, 2017-2024 (USD Thousand)
Table 29 North America: BPHEs Market Size in Heavy Industries, 2017-2024 (USD Thousand)
Table 30 Middle East & Africa: BPHEs Market Size in Heavy Industries, 2017-2024 (USD Thousand)
Table 31 South America: BPHEs Market Size in Heavy Industries, 2017-2024 (USD Thousand)
Table 32 BPHEs Market Size in Other Industries, By Region, 2017-2024 (USD Thousand)
Table 33 APAC: BPHEs Market Size in Other Industries, 2017-2024 (USD Thousand)
Table 34 Europe: BPHEs Market Size in Other Industries, 2017-2024 (USD Thousand)
Table 35 North America: BPHEs Market Size in Other Industries, 2017-2024 (USD Thousand)
Table 36 Middle East & Africa: BPHEs Market Size in Other Industries, 2017-2024 (USD Thousand)
Table 37 South America: BPHEs Market Size in Other Industries, 2017-2024 (USD Thousand)
Table 38 BPHEs Market Size, By Region, 2017-2024 (USD Million)
Table 39 APAC: BPHEs Market Size, By Country, 2017-2024 (USD Thousand)
Table 40 APAC: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 41 China: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 42 India: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 43 Japan: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 44 South Korea: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 45 Rest of APAC: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 46 North America: BPHEs Market Size, By Country, 2017-2024 (USD Thousand)
Table 47 North America: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 48 US: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 49 Canada: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 50 Mexico: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 51 Europe: BPHEs Market Size, By Country, 2017-2024 (USD Thousand)
Table 52 Europe: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 53 Germany: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 54 France: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 55 Italy: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 56 Russia: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 57 UK: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 58 Turkey: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 59 Spain: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 60 Rest of Europe: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 61 Middle East & Africa: BPHEs Market Size, By Country, 2017-2024 (USD Thousand)
Table 62 Middle East & Africa: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 63 Saudi Arabia: BPHEs Market Size, End-Use Industry, 2017-2024 (USD Thousand)
Table 64 South Africa: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 65 Rest of Middle East & Africa: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 66 South America: BPHEs Market Size, By Country, 2017-2024 (USD Thousand)
Table 67 South America: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 68 Brazil: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 69 Argentina: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 70 Rest of South America: BPHEs Market Size, By End-Use Industry, 2017-2024 (USD Thousand)
Table 71 New Product Launch, 2016-2020
Table 72 Acquisition, 2016-2020
Table 73 Expansion, 2016-2020
List of Figures
Figure 1 BPHEs Market: Research Design
Figure 2 BPHEs Market: Bottom-Up Approach
Figure 3 BPHEs Market: Top-Down Approach
Figure 4 BPHEs Market: Data Triangulation
Figure 5 BPHEs Market Analysis Through Secondary Sources
Figure 6 Base Number Calculation
Figure 7 HVACr to Be Fastest-Growing End-Use Industry of BPHEs Market
Figure 8 APAC BPHEs Market to Witness the Highest Growth Rate
Figure 9 Emerging Countries Witnessing High Growth in Demand for BPHEs
Figure 10 HVACr is Projected to Be the Fastest-Growing End-Use Industry
Figure 11 India to Register the Highest CAGR During the Forecast Period
Figure 12 China Accounted for the Largest Market Share in 2018
Figure 13 Drivers, Restraints, and Opportunities in the BPHEs Market
Figure 14 BPHEs Market: Porter’s Five Forces Analysis
Figure 15 HVACr to Be the Leading End-Use Industry of BPHEs
Figure 16 APAC to Be the Fastest-Growing Market During the Forecast Period
Figure 17 BPHEs Market in India to Witness the Highest CAGR
Figure 18 APAC: BPHEs Market Snapshot
Figure 19 North America: BPHEs Market Snapshot
Figure 20 Europe: BPHEs Market Snapshot
Figure 21 Companies Adopted New Product Launch as the Key Growth Strategy Between 2016 and 2020
Figure 22 BPHEs Market: Competitive Leadership Mapping, 2018
Figure 23 Alfa Laval Led the Market in 2018
Figure 24 Alfa Laval: Company Snapshot
Figure 25 Alfa Laval: SWOT Analysis
Figure 26 Kelvion: SWOT Analysis
Figure 27 SWEP: SWOT Analysis
Figure 28 Danfoss: Company Snapshot
Figure 29 Danfoss: SWOT Analysis
Figure 30 Xylem: Company Snapshot
Figure 31 Xylem: SWOT Analysis
Figure 32 Chart Industries: Company Snapshot
Figure 33 Hisaka Works: Company Snapshot
Figure 34 Mueller: Company Snapshot

Executive Summary

Companies Mentioned

  • Alfa Laval
  • API Heat Transfer
  • Baode Heat Exchanger
  • Barriquand Group
  • Boyd Corporation
  • Chart Industries
  • Danfoss
  • Diversified Heat Transfer
  • Funke
  • Hisaka Works
  • HRS Heat Exchangers
  • HYDAC
  • Kaori
  • Kelvion
  • Onda
  • Paul Mueller Company
  • Secespol
  • SWEP
  • Weil-Mclain
  • Xylem

Methodology

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