Cooling Towers Market Scenario Highlighting Major Drivers & Trends 2018- 2025

1. BlueweaveConsulting Cooling Towers Market Cooling Towers Market – – 2019 | Overview, Analysis and Forecast to 202 Analysis and Forecast to 2025 5 2019 | Overview, BISHWANATH SINGH SEO ANALYST info@blueweaveconsulting.com 1

2. BlueweaveConsulting The GlobalCooling Towers Market is anticipated to witness considerable growth due to its increasing adoption in several heavy industrial applications. Cooling towers are used to remove excess heat from the plant. Cooling towers are usually used across different applications like industrial manufacturing, power generation plants and HVAC (Heating, ventilation, and air conditioning) systems. Increasing investments toward the growth of industrial sector coupled with ongoing several power projects capacity additions can stimulate the cooling towers market growth. Growing adoption of sustainable energy sources plus cogeneration technologies are driven by increasing consumer awareness will certainly influence business growth. Favorable government policies owing to the development of lower-emission technologies along with the expansion of sustainable cooling network will favor product penetration. Get https://www.blueweaveconsulting.com/global-cooling-towers-market- bwc19156/#ReportSample Sample PDF of this Market Research Report@ Cooling Towers Market: Type Insights Based on the type, the cooling tower market is bifurcated into Dry, Evaporative, and Hybrid. Evaporative segment leads the entire cooling tower market owing to the lower maintenance cost, high performance, and energy efficient. Evaporative cooling towers generally cool water to about 85° F, however, could cool as low as 65°F. They are the foremost economical approach to cool massive amounts of water. The growing investments toward technological developments for improvement within the communication capability, efficiency and flexibility in design will encourage product adoption. Dry product segment are anticipated to rise at a significant rate owing to their ability to eliminate water usage, reduces thermal pollution and decreases biological contaminants. These systems work on the principle of automotive radiators that reduces the evaporative losses when compared with other available technologies. Cooling Towers Market: Material Insights On the basis of material type, the global cooling tower market is segmented into Concrete, Steel, Wood, and Fiber-Reinforced Plastic (FRP). Fiber-Reinforced Plastic segment dominates the cooling tower market followed by concrete and estimated to lead the market over the forecast period 2019-2025. Benefits like high corrosion resistance, cost-effectiveness, and ease of installation increase the demand of FRP material. The growing use across heavy industrial applications including oil refineries, petrochemical, and fertilizer plants will positively impact industry growth. Constant advancement in production technology and their increasing use in the manufacturing of various components will fuel the market growth. The Concrete segment is the second leading segment after FRP due to its long operating life. 2

3. BlueweaveConsulting Cooling Towers Market: Application Insights On the basis of application, the global cooling tower market is segmented into Heating, ventilation, and air conditioning, Power Generation, Oil & Gas, and Industrial. Power generation application holds the largest market share of overall cooling towers market. With the increase in the demand for electricity, the demand for these towers across power plants has also increased in order to remove excess heat generated during electricity production. The rapid expansion of thermal power generating plants coupled with a positive outlook toward the use of sustainable energy resources will boost the product demand. HVAC segment is projected to be the fastest growing segment in cooling tower market. The increasing rate of urbanization and an enhanced standard of living are expected to lead to the large- scale implementation of HVAC systems. Cooling Towers Market: Regional Insights Geographically, the cooling tower market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is the leading region of the cooling tower industry during the forecast period 2019-2025 followed by Europe. Due to the rapid industrial growth along with the increasing urbanization rate positively influence the industry outlook. The increasing number of manufacturing facilities along with the expansion of the industrial sector projected to contribute positively to the market demand over the forecast period. In addition, favorable regulatory policies coupled with the development of cross border production networks have provided immense opportunities. Power generation and HVAC are the top two applications contributing to the growing demand for the cooling tower in Asia-Pacific. Global Cooling Towers Market: Competitive Landscape Companies such as SPX Corporation, Baltimore Aircoil Company, Evapco Inc., Bell Cooling Tower, Brentwood Industries Inc., Enexio, Hamon & CIE International SA, Paharpur Cooling Towers, SPIG S.p.A., Star Cooling Towers Private Ltd., Johnson Controls, Delta and Thermax, Star Cooling System Ltd., International Cooling Towers, and Mesan Cooling Towers Inc. are the leading players of Cooling Towers market across the globe. Scope of the Report By Type    Dry Evaporative Hybrid By Design   Mechanical Natural By Material 3

4. BlueweaveConsulting Concrete Steel Wood Fiber-Reinforced Plastic (FRP) By Application     Heating, ventilation, and air conditioning (HVAC) Power Generation Oil & Gas Industrial Table Of Content     1.Research Framework 2.Research Methodology 3.Executive Summary 4.Industry Insights 5.Global Cooling Towers Market Overview 6.Global Cooling Towers Market, By Type 7.Global Cooling Towers Market, By Design 8.Global Cooling Towers Market, By Material 9.Global Cooling Towers Market, By Application 10.Global Cooling Towers Market, By Region 11.Company Profile Detailed https://www.blueweaveconsulting.com/global-cooling-towers-market- bwc19156/#TOC Analysis of Table of Contents @ About BlueWeave Consulting & Research Pvt. Ltd. BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining. Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com 4

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