Global Heat Exchangers Market, 2020-2026

The Global Heat Exchangers Market is expected to grow by US$ 5.14 billion during 2020-2026, progressing at a CAGR of 5.6% during the forecast period. Asia Pacific is the most significant revenue contributor in the global heat exchangers market, accounting for 33.9% of the market in 2019. The region is expected to witness significant developments in the heat exchangers market. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product types, applications, and regions. The global market data on heat exchangers can be segmented by product types: air-cooled, all-welded plate, brazed plate, cooling tower systems, gasketed plate and frame, and shell and tube. The cooling tower systems segment held the largest market share of 26.7% in 2019. However, the all-welded plate segment is expected to witness the highest CAGR during the forecast period. Heat exchangers market is further segmented by applications: chemicals, food and beverage, HVAC and refrigeration, mining, oil and gas, others, pharmaceuticals, power, and water. In 2019, the chemicals segment held the largest share of the market, and the HVAC and refrigeration segment is anticipated to register the highest CAGR during 2020–2026.

The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of revenue (million USD) considering 2019 as base year and market forecast will be given from 2020 to 2026. The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as Asia Pacific, Europe, Middle East and Africa (MEA), North America, and South America the report is a valuable asset for the existing players, new entrants and the future investors. Why buy this report? - Get a detailed picture of the Global Heat Exchangers Market - Identify segments/areas to invest in over the forecast period in the Global Heat Exchangers Market - Understand the competitive environment, the market’s leading players

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Manmayi Raval

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