DUBLIN--(BUSINESS WIRE)--The "Global Heat Exchanger Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Over the past few years, the global heat exchanger market has witnessed significant developments. Heat exchangers are the widely accepted equipment for various end-user applications, due to their eco-friendly and energy-efficient properties.
The innovations in heat exchanger technology are likely to drive the market during the forecast period. The efficiency improvement of heat exchangers is a big boost for enhancing the economics associated with the usage of heat exchangers. The enhanced performance of heat exchangers, fostered by technological advancements, leads to higher efficiency in energy usage.
In 2017, Ineos announced plans to construct a large propane dehydrogenation unit in Europe, with a production capacity of 750,000 t/a of propylene. The development of such large-scale projects in the region is expected to provide a considerable thrust to the shell & tube type segment of the market studied.
The chemical sector is the major end-user industries for heat exchangers. In Europe, natural gas production is the highest in the world. Owing to the increasing demand from Asia-Pacific countries, the liquefied natural gas (LNG) production is likely to witness significant growth in the region.
China is expected to witness significant growth in the heat exchanger market, on account of the increasing demand for chemical, oil & gas, and petrochemical industries. In addition, owing to the growth of the commercial building & construction industry, high-end real estate, and increasing energy-saving policies, which are likely to drive the demand for heat exchanger in both China and India, the HVAC industry is registering healthy growth.
- Alfa Laval AB
- Barriquand Technologies Thermiques
- Danfoss A/S
- General Electric
- Hamon Group
- Mitsubishi Electric Corporation
- Hisaka Works Ltd
- HRS Heat Exchangers
- Johnson Controls
- Modine Manufacturing Company
- Sondex A/S
- Thermax Global
- SPX FLOW Inc.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/dzh259/global_heat?w=4