Market Revenue Plate and Frame Heat Exchanger Industry | Page 3

demand is expected to be driven by growing need for heat recovery applications in HVAC, food and beverage and chemical sectors over the forecast period. In 2014, Asia Pacific constituted for nearly 20% of the overall industry. Need for commercial and industrial establishments coupled with growing construction projects are likely to propel HVAC market in the region. It is anticipated to witness the fastest growth over the review period. Supportive government policies and initiatives in Japan and India as an effort to develop solar and thermal energy are estimated to drive market demand in power generation sector for heat exchangers. Key industry players include Alfa Laval AB, Danfoss A/S, Tranter Inc., GEA Group, SPX Corporation, LLC, AIC S.A., SGL Carbon Technic, API Heat Transfer, Guntner GmbH & Co. KG and Kelvion Holdings GmbH. Market Segment: Global Plate and Frame Heat Exchanger Product Outlook (Revenue, USD Million, 2012 - 2022) • Brazed plate heat exchanger • Gasketed plate & frame heat exchanger • Welded plate & frame heat exchanger • Others Global Plate and Frame Heat Exchanger End-Use Outlook (Revenue, USD Million, 2012 - 2022) • Chemical • Food & beverage • HVAC & refrigeration • Oil & gas • Power generation • Pulp & paper • Others Global Plate and Frame Heat Exchanger Regional Outlook (Revenue, USD Million, 2012 - 2022) • North America • U.S • Canada • Europe • Germany • France • Italy • Asia Pacific • China