Heat Exchanger Market worth $19,505.8 Million By 2018 Heat Exchanger Market worth $19,505.8 Million By 2
Heat Exchanger Market worth $19,505.8 Million By 2018
The report, "Heat Exchanger Market by Types (Shell & Tube, Plate & Frame, Air Cooled), By Applications (Chemical,
Petrochemical, Oil & Gas, HVAC & Refrigeration), Classifications (MoC, Temperature Range & Fluid Types) & Geography Forecasts to 2018" define and segment the global Heat Exchanger Market with analysis and forecasting of the global
consumption revenue.
Browse 89 market data tables and 33 figures spread through 289 pages and in-depth TOC on “Heat Exchanger Market by
Types (Shell & Tube, Plate & Frame, Air Cooled), By Applications (Chemical, Petrochemical, Oil & Gas, HVAC &
Refrigeration), Classifications (MoC, Temperature Range & Fluid Types) & Geography - Forecasts to 2018”.
http://www.marketsandmarkets.com/Market-Reports/heat-exchanger-market-750.html
Early buyers will receive 10% customization on this report.
Europe – the biggest market of Heat Exchanger
Europe has always been a strong market for heat exchangers and globally, this market has been a leader for heat
exchangers with respect to demand as well as production capacity. The region has the presence of most of the global
leaders in heat exchanger manufacturing. Heat exchanger consumption in the region is estimated to grow at a CAGR of
around 4.7% from 2013 to 2018. This region has a relatively slow growth rate as a result of its dominant market size and
slow economic activity as compared to the other regions. The demand in this region is boosted mainly due to the increased
replacement demand for the heat exchangers.
“Asia-Pacific – the fastest growing” Heat Exchanger market
Asia-Pacific, being the fastest growing heat exchanger market globally, is estimated to grow at a CAGR of 10.6% for the next
five years. Asia-Pacific is witnessing high industrial growth, which hints at an ever-increasing demand of heat exchangers for
its diverse applications. China dominates the heat exchanger market in Asia-Pacific region, being a major consumer and the
fastest growing country in terms of heat exchanger demand. Currently, a high share of heat exchanger is consumed by the
chemical industry and the demand of heat exchangers through chemical industry is expected to grow in the next five years
at a CAGR of more than 11.5% from 2013 to 2018. After China, countries, including India and other Asian countries, are
showing increasing growth in demand for heat exchangers. Moreover, increasing number of heat exchanger manufacturers
from Asian countries are putting vigorous efforts for developing a strong base of heat exchanger market, with a target of
reducing heat exchanger imports.
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