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Heat Exchangers Market Share, Size, Analysis And Opportunity Assessment (2020 - 2027)

Heat Exchangers Market<br>

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Heat Exchangers Market Share, Size, Analysis And Opportunity Assessment (2020 - 2027)

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  1. Heat Exchangers Market Size, Trends, Forecast, 2020-2027 www.reportsanddata.com

  2. Market Summary The Global Heat Exchangers Market size was estimated to be USD 11.95 billion in 2019 and is anticipated to surpass USD 23.11 billion by 2027, with a CAGR of 8.8% from 2020 to 2027. A heat exchanger is essentially a gadget that exchanges thermal energy between solids, liquids, or strong particulates at various temperatures and in thermal contact. Heat exchangers are mainly utilized in heating or cooling of a liquid stream and during dissipation or build-up of single-or multicomponent liquid streams. The heat transfer takes place by conduction through exchanger materials, which separates the mediums in use. Air-cooled systems, plate, shell & tube, are some of the major technologies being deployed by heat exchanger manufacturers on a global scale. www.reportsanddata.com Compound, petrochemical, and oil and gas applications of heat exchangers are major contributors to the revenue growth of the market. Heat exchangers are expected to find greater application with increased concern for environmental conservation. For instance, water treatment plants are increasingly being established around the world to decrease water pollution, and heat exchangers are majorly used in water treatment plants to increase the efficacy of water treatment procedures. Read More: https://www.reportsanddata.com/report-detail/heat-exchangers-market

  3. Market Summary Further key findings from the report suggest • A heat exchanger is essentially a gadget that exchanges thermal energy between solids, liquids, or strong particulates at various temperatures and in thermal contact. • Compound, petrochemical, and oil and gas applications of heat exchangers are major contributors to the revenue growth of the market. • The use of heat exchangers in the wastewater treatment industry will significantly boost future prospects for the market. • Air-cooled heat exchangers are projected to hold a significant share over the forecast period. • Plate heat exchangers are also expected to hold a considerable market share owing to high heat transfer coefficient and easy maintenance • The chemical industry is an end user industry that is anticipated to garner the most considerable market share • On the basis of the material of construction, stainless steel is anticipated to garner the highest market share. www.reportsanddata.com

  4. Market Summary Competitive Landscape: • Some of the major players in the market include THT, SWEP, Kelvion, SPX Flow, Alfa Laval, Xylem, Hisaka, IHI, Accessen Group, Doosan, Hitachi Zosen, Lanpec, HRS, Shangdong Beichen, Wessels, KNM, Danfoss, FUNKE, and API, among others • Type (Revenue, USD Million; 2017-2027) Shell & Tube Plate & Frame Air-Cooled Micro-Channel Others (Gasketed, Welded, Brazed, and Finned Tube) • • • • • • www.reportsanddata.com End-User Industry (Revenue, USD Million; 2017-2027) Chemical Petrochemical Oil & Gas HVACR Food & Beverage Power Generation • • • • • • •

  5. About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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