Global Heat Exchanger Market Analysis Report 2022: Companies are Focusing on Extensive Research and Development Activities to Stay Competitive

2022-08-12 19:19:54 By : Ms. Merity Tan

Dublin, Aug. 08, 2022 (GLOBE NEWSWIRE) -- The "Global Heat Exchanger Market, By Product Type (Plate & Frame {Brazed, Gasketed, Welded}, Shell & Tube, Air Cooled) By Material (Carbon Steel, Stainless Steel, Nickel, and Others) By End-User, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The global heat exchanger market is expected to witness robust CAGR in the forecast period, 2023-2027

Factors such as increased demand from prominent industry verticals and high-end investments by market players in research activities to improve efficiency and enhance the performance of the heat exchangers are primarily driving the market demand. The global heat exchanger market is segmented into product type, material, end-user, company and regional distribution. Based on product type, the market is divided into plate & frame, shell & tube, and air-cooled.

The plate and frame sub-segment is further categorized into brazed, gasketed, and welded types of heat exchangers. Shell & tube type segment dominates the market and is expected to maintain its dominance over the next five years. It is easily operatable even in high operating temperatures and pressure and is highly cost-effective. Some of the major competitors in the market are ALFA Laval AB, GEA Group Aktiengesellschaft, Xylem Incorporated, SPX Corporation, Danfoss, Hamon & Cie (International) SA, Modine Manufacturing Company, FUNKE Warmeaustauscher Apparatebau GmbH, Sondex Holding, API Heat Transfer Incorporated, among others.

The companies are focusing on extensive research and development activities to stay competitive in the market.

To analyze the historical growth in the market size of global heat exchanger market from 2017 to 2021

To estimate and forecast the market size of global heat exchanger market from 2022E to 2027F and growth rate until 2027F

To classify and forecast global heat exchanger market based on product type, material, end-user, company, and regional distribution

To identify dominant region or segment in the global heat exchanger market

To identify drivers and challenges for global heat exchanger market

To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global heat exchanger market

To identify and analyze the profile of leading players operating in global heat exchanger market

To identify key sustainable strategies adopted by market players in global heat exchanger market

Company Profiles: Detailed analysis of the major companies present in global heat exchanger market.

Hamon & Cie (International) SA

Years considered for this report:

Heat Exchanger Market, By Product Type:

Plate & Frame (Brazed, Gasketed, Welded)

Heat Exchanger Market, By Material:

Heat Exchanger Market, By End User:

Heat Exchanger Market, By Region:

For more information about this report visit https://www.researchandmarkets.com/r/v84j0h

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