The analysts forecast the global heat exchanger market to grow at a CAGR of 6.46% during the period 2017-2021.
Global Heat Exchanger Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is growth in petrochemical and chemical industry in India. Chemical manufacturing requires complex series of processes from cooling, condensing, and heating for separation and evaporation in the industry. All these applications need a heat exchanger system.
The Indian petrochemical and chemical industry has been growing tremendously due to increased demand from the process, manufacturing, and agricultural Industries. The requirement for heat exchangers in these plants is diverse, transferring fluids from one process to another in the chemical industry.
One driver in market is augmentation of coal capacities and revival of nuclear power plants in Japan. Japan is expected to invest heavily in coal power infrastructure during the forecast period. The Environmental Ministry of Japan announced in February 2016 that the country plans to build 43 coal-fired power stations in the next 12 years.
- Alfa Laval
- Doosan Heavy Industries & Construction
- SPX FLOW
Other prominent vendors
- Shanghai Liancheng
- FUNKE Wärmeaustauscher Apparatebau
- HISAKA WORKS
- IHI Corporation
- The Japan Steel Works
- Larsen & Toubro
- Lanzhou LS Heat Exchange Equipment
- Ormandy Group
- THT Heat Transfer Technology
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/qjk2gt/global_heat