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Global Heat Exchanger Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

In this report, the Global Heat Exchanger market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Heat Exchanger market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Heat Exchangers is a piece of equipment built for efficient heat transfer from one medium to another. Heat exchangers are devices whose primary responsibility is the transfer (exchange) of heat, typically from one fluid to another. However, they are not only used in heating applications, such as space heaters, but are also used in cooling applications, such as refrigerators and air conditioners.

The Heat Exchangers consumption volume was 1297.08 K Ton in 2017 and is expected to reach 1820.04 K Ton in 2022, growing at a CAGR of 7.01% from 2017 to 2022. Europe`s sales volume accounted for the highest market share (25.76%) in 2016, followed by the United States and Europe.

At present, the manufactures of Heat Exchangers are concentrated in USA, China, Europe, Asia Pacific (Except China) and India. Europe is the largest production area in the world, which occupied about 28.93% in 2016. The following areas are the USA and China. The global leading players in this market are Alfa Laval, Kelvion (GEA), SPX , IHI, Danfoss (Sondex), SPX-Flow, DOOSAN, API, KNM, Funke, etc.

The Heat Exchangers are mainly used by Petrochemical, Electric Power & Metallurgy, Shipbuilding Industry, Mechanical Industry, Central Heating and Food Industry. The dominant applications of Heat Exchangers are Petrochemical and Electric Power & Metallurgy.

Despite the presence of competition problems, due to the increasing downstream demand of leading-edge, effective products, the government policy support of the relevant industry, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.

Market Analysis and Insights: Global Heat Exchanger Market

In 2019, the global Heat Exchanger market size was US$ 13500 million and it is expected to reach US$ 20120 million by the end of 2026, with a CAGR of 5.8% during 2021-2026.

Global Heat Exchanger Scope and Market Size

Heat Exchanger market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Heat Exchanger market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Heat Exchanger market is segmented into

Shell & Tube Heat Exchanger

Plate Heat Exchanger

Air Cooled Heat Exchanger

Other Types

Segment by Application, the Heat Exchanger market is segmented into

Petrochemical

Electric Power & Metallurgy

Shipbuilding Industry

Mechanical Industry

Central Heating

Food Industry

Other Applications

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Heat Exchanger Market Share Analysis

Heat Exchanger market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Heat Exchanger product introduction, recent developments, Heat Exchanger sales by region, type, application and by sales channel.

The major companies include:

Alfa Laval

Kelvion (GEA)

SPX

IHI

Danfoss (Sondex)

SPX-Flow

DOOSAN

API

KNM

Funke

Xylem

Thermowave

Hisaka

SWEP

LARSEN & TOUBRO

Accessen

THT

Hitachi Zosen

LANPEC

Siping ViEX

Beichen

Lanzhou LS

Defon

Ormandy

FL-HTEP

Browse full research report at https://www.crystalmarketreport.com/global-heat-exchanger-market-size-manufacturers-supply-chain-sales-channel-and-clients-2020-2026

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