The welded spiral heat exchangers market size reached around USD 1.83 Billion in 2024. The market is projected to grow at a CAGR of 4.50% between 2025 and 2034 to reach nearly USD 2.84 Billion by 2034.
The market is driven by the increasing demand for the product in food and beverages, petrochemicals, HVAC and refrigeration, and chemical industries, particularly in the emerging economies of the Asia-Pacific.
The market is driven by the increasing demand for the product in food and beverages, petrochemicals, HVAC and refrigeration, and chemical industries, particularly in the emerging economies of the Asia-Pacific.
Properties and Applications
The welded spiral heat exchanger is referred to as the product made by rolling two long metal plates around a centre core to produce two concentric spiral flow sections, one for each fluid. The industry is segmented based on the flow type and applications.Based on the flow type, the industry is divided into:
- Countercurrent Flow
- Co-Current Flow
Based on applications, the industry is divided into:
- Petrochemicals
- Steel Making
- Pharmaceutical
- Wastewater Treatment
- Pulp and Paper
- Vegetable Oil Refining
- Others
The report looks into the regional markets of welded spiral heat exchangers like:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
The global welded spiral heat exchangers industry is driven by the extensive use of the product in the industries, including food and beverages, chemicals, HVAC and refrigeration, power generation, petrochemical, and pulp and paper. Further, the growing demand from the chemical industry, the increasing focus on improving efficiency standards, and technological innovations are expected to enhance the market growth in the forecast period. The United States market witnessed substantial growth owing to the growing adoption of welded spiral heat exchangers in petrochemical, chemical, food and beverages, and pulp and paper industries.Competitive Landscape
The report presents a detailed analysis of the following key players in the global welded spiral heat exchangers industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Danfoss A/S
- Alfa Laval AB (STO: ALFA)
- Elanco, Inc.
- Gooch Thermal Systems, Inc.
- Kurose Chemical Equipment Co., Ltd.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Welded Spiral Heat Exchangers Market Analysis
6 North America Welded Spiral Heat Exchangers Market Analysis
7 Europe Welded Spiral Heat Exchangers Market Analysis
8 Asia-Pacific Welded Spiral Heat Exchangers Market Analysis
9 Latin America Welded Spiral Heat Exchangers Market Analysis
10 Middle East and Africa Welded Spiral Heat Exchangers Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
The key companies featured in this Welded Spiral Heat Exchangers market report include:- Danfoss A/S
- Alfa Laval AB
- Elanco, Inc.
- Gooch Thermal Systems, Inc.
- Kurose Chemical Equipment Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 168 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 1.83 Billion |
Forecasted Market Value ( USD | $ 2.84 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
No. of Companies Mentioned | 6 |