LONDON--(BUSINESS WIRE)--Technavio projects the global scraped surface heat exchanger market to post a CAGR of over 4% during the forecast period. The growth of the global food and beverage market is one of the factors that will drive the growth of the market. Food and beverage companies commonly use scraped surface heat exchangers due to their ability to transfer heat between food of different consistencies. They are also used for continuous and closed processes, which mostly include the cooling, heating, cooking, mixing, and gelling of food. The food and beverage market has been growing steadily over the past 10 years and is expected to continue this growth trajectory which augurs well for the growth of this market.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio highlights the advent of dynamic scraped surface heat exchangers with shell and tube as one of the key emerging trends in the global scraped surface heat exchanger market:
Advent of dynamic scraped surface heat exchangers with shell and tube
The advent of dynamic scraped surface heat exchangers with shell and tube will drive the growth of the market. Dynamic scraped surface heat exchangers with shell and tube consist of three main parts, which include a hydraulic cylinder that is used to move the scraper bars, a heat exchanger that consists of a shell and tube, and a separating chamber. The scrapers are moved by hydraulic action that generates turbulence in the field, which increases the heat transfer coefficient. This design is ideal for applications where fouling or low heat transfer have been limiting factors.
According to a senior analyst at Technavio for automation research, “These dynamic shaped scraped surface heat exchangers with shell and tube ensure continuous running time with a limited number of shutdowns. The development of such innovative designs will facilitate the growth of the market.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Market segmentation and analysis through 2022
This market research report segments the global scraped surface heat exchanger market by product, (reciprocating tubular, rotating tubular, and rotating plate), by end-user (bakery, dairy, fats and oils, fine food, cosmetics, and others), and key regions (the Americas, APAC, and EMEA).
The market was dominated by the reciprocating tubular segment with a market share of more than 38%, followed by the rotating tubular and rotating plate segments. The rotating plate segment is expected to witness a significant decline of more than 1% in its market share over the forecast period.
In 2017, the Americas dominated the global scraped surface heat exchanger market with a share of around 37%, followed by EMEA and APAC. APAC is expected to exhibit the maximum growth over the forecast period while the market share of EMEA is expected to decline by 2022.
Save big with Technavio this May!
Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all
beverages reports for the entire month.
Technavio honors the achievements and efforts of Motherhood this
Mother's Day by offering a whopping 30% OFF on all cosmetics
and toiletry reports. Offer valid from 7th May for a
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.