Heat Exchangers Market Expected to Reach $20,118 Million, Globally, by 2022 | API Heat Transfer, Alfa Laval AB, Brask, Hrs Heat Exchangers

Premium Market Insights latest report, “Heat Exchangers – Global”, provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Heat exchanger are devices responsible for transfer of heat, from one fluid to another and transfer of heat between solid particulates and fluid. These are used in cooling applications, such as in refrigeration and air-conditioners. They are distinguished on the basis of direction of flow of liquids. Therefore, depending on the flow of liquid these exchangers can be parallel-flow, cross-flow, or countercurrent. Moreover, some heat exchangers comprise multiple tubes whereas, some consist of hot plates with space for liquid to flow between them. In addition, they consist of heat transfer elements such as a core or matrix containing the heat transfer surface, and fluid distribution elements such as headers, manifolds, tanks, inlet, outlet nozzles or pipes, and seals. Furthermore, these are often used in the process, power, petroleum, air-conditioning, refrigeration, cryogenic, heat recovery, alternative fuel, and manufacturing industries, serving as key components of many industrial products.

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The key players covered in this study:

Standard Xchange
GEA group
Hisaka Works Ltd.
Cummins
Atlas Copco
Kirloskar brothers
Aggreko
Mitsubishi Heavy Industries, Ltd.
Smart Heat Incorporated
Swep International AB

The shell & tube heat exchangers are process equipment's that facilitate the exchange of heat between two fluids, which are at different temperatures while they restrict the blending of liquids. In addition, emerging trends that have a direct impact on the dynamics of the chemical industry include development of waste heat recovery heat exchangers and introduction of exhaust gas re-circulation coolers. The demand for heat exchangers is also expected to surge, with the growth of chemical, petrochemical, and oil & gas industries. In addition, rise in number of oil-field projects and development in infrastructure augment the market growth. However, the heat exchanger market is expected to decline with the entry of new vendors and startups.

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Table of Content of Heat Exchangers Report:

  1. INTRODUCTION
  2. KEY TAKEAWAYS
  3. MARKET OVERVIEW
  4. GLOBAL HEAT EXCHANGERS MARKET, BY TYPE
  5. GLOBAL HEAT EXCHANGERS MARKET, BY END-USER INDUSTRY
  6. GLOBAL HEAT EXCHANGERS MARKET, BY MATERIAL OF CONSTRUCTION
  7. GLOBAL HEAT EXCHANGERS MARKET, BY GEOGRAPHY
  8. COMPANY PROFILES

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Posted by on Friday June 14 2019, 3:31 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Construction, Featured Press Release, Machinery & Parts, Manufacturing, Manufacturing & Construction, Security & Intelligence Systems. Comments and Trackbacks are open. Follow responses: RSS 2.0

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