DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lcz3hn/plate_and_frame) has announced the addition of the "Plate & Frame Heat Exchangers Market by Type (Brazed, Gasketed, Welded), by Application (Chemical, Petrochemical, Oil & Gas, HVACR, Food & Beverage, Pulp & Paper, Power Generation), and Region - Trends & Forecast to 2020" report to their offering.
Plate & frame heat exchangers: $5.5 Billion market by 2020 signifying firm annualized growth rate of 9.30% from 2015 to 2020.
The global plate & frame heat exchangers market has been witnessing many developments over the past few years. Plate & frame heat exchangers are preferred and widely accepted equipment for heat recovery process. The focus of various regulatory bodies to reduce the energy consumption for meeting the future sustainability are further driving the market for plate & frame heat exchangers globally. Plate & frame heat exchangers consumption has grown significantly in the recent times and is at an emerging stage in various countries.
Currently, Europe is the largest market for plate & frame heat exchangers, acquiring more than 35.0% of the total global market. The region has huge installed plant capacities of plate & frame heat exchangers and is an export based plate & frame heat exchangers market. The plate & frame heat exchangers market is emerging in various countries such as China, Japan, India, Saudi Arabia, and Brazil due to increasing industrial activity. Also, large number of emerging manufacturers from Asia-Pacific and Eastern Europe are expected to reduce import dependence of various regions which is further expected to drive the plate & frame heat exchangers market in future.
Due to stringent environmental regulations and increasing industrialization, the use of plate & frame heat exchangers in various end-user industries is gaining popularity. Food & Beverage industry is flourishing at a fast pace in emerging economies like Asia-Pacific, Middle East, ultimately driving the demand for plate & frame heat exchangers in these regions.
The key manufacturers of plate & frame heat exchangers, such as Alfa Laval AB (Sweden), GEA Group (Germany), Danfoss A/S (Denmark), SPX Corporation (U.S.), are investing in research & development activities and production facility to meet the growing demand for plate & frame heat exchangers.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Heat Exchanger Market, By Type
8 Heat Exchanger Market, By Application
9 Plate & Frame Heat Exchangers Market, By Region
10 Competitive Landscape - 95)
11 Company Profiles
- API Heat Transfer Inc.
- Alfa Laval AB
- Danfoss A/S
- GEA Group (Triton)
- Güntner GmbH & Co. KG
- HRS Heat Exchangers Ltd.
- Hisaka Works Limited
- SPX Corporation
- Swep International AB
- Xylem Inc.
For more information visit http://www.researchandmarkets.com/research/lcz3hn/plate_and_frame