Energy and Power

Heat Exchanger Market Size Analysis 2022 To 2030

The global heat exchanger market size accounted for US$ 19.4 Bn in 2021 and is projected to reach around USD 35.8 Bn by 2030, growing at a CAGR of 7.04% from 2022 to 2030.

Heat Exchanger Market Size 2022 To 2030

Report Summary

The global heat exchanger market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the heat exchanger market across the globe.

A comprehensive estimate on the heat exchanger market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of heat exchanger during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Heat Exchanger Market Report Scope 

Report Coverage Details
Market Size in 2022 USD 20.77 Billion
Market Size by 2030 USD 35.8 Billion
Growth Rate from 2022 to 2030 CAGR of 7.04%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Product
  • By End-Use
  • By Material of Construction

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized heat exchanger market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Portable Oxygen Concentrators Market Size Analysis 2022 To 2030

Heat Exchanger Market Players

The report includes the profiles of key heat exchanger market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area 

  • Alfa Laval (Sweden)
  • Kelvion Holding Gmbh (Germany)
  • GEA Group (Germany)
  • Danfoss (Denmark)
  • SWEP International AB (Sweden)
  • Thermax Limited (India)
  • API Heat Transfer (U.S.)
  • Tranter, Inc. (U.S.)
  • Mersen (France)
  • Linde Engineering (U.K.)
  • Air Products (U.S.)
  • HISAKA WORKS, LTD. (Thailand)

Market Segmentation

By Product

  • Plate & Frame
    • Brazed Plate & Frame
    • Welded Plate & Frame
    • Gasketed Plate & Frame
    • Others
  • Shell & Tube
  • Air-Cooled
  • Microchannel
  • Others

By End-Use

  • Chemical & Petrochemical
  • HVAC & Refrigeration
  • Oil & Gas
  • Food & Beverage
  • Power Generation
  • Pulp & Paper
  • Others

By Material of Construction

  • Carbon Steel
  • Stainless Steel
  • Nickel
  • Others (Titanium, Nickel Alloy, Copper, Molybdenum)

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Heat Exchanger Market 

5.1. COVID-19 Landscape: Heat Exchanger Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Heat Exchanger Market, By Product

8.1. Heat Exchanger Market, by Product, 2022-2030

8.1.1 Plate & Frame

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Shell & Tube

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Air-Cooled

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Microchannel

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Heat Exchanger Market, By End-Use

9.1. Heat Exchanger Market, by End-Use, 2022-2030

9.1.1. Chemical & Petrochemical

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. HVAC & Refrigeration

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Oil & Gas

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Food & Beverage

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Power Generation

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Pulp & Paper

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Heat Exchanger Market, By Material of Construction 

10.1. Heat Exchanger Market, by Material of Construction, 2022-2030

10.1.1. Carbon Steel

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Stainless Steel

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Nickel

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Others (Titanium, Nickel Alloy, Copper, Molybdenum)

10.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Heat Exchanger Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Material of Construction (2017-2030)

Chapter 12. Company Profiles

12.1. Alfa Laval (Sweden)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Kelvion Holding Gmbh (Germany)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. GEA Group (Germany)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Danfoss (Denmark)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. SWEP International AB (Sweden)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Thermax Limited (India)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. API Heat Transfer (U.S.)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Tranter, Inc. (U.S.)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Mersen (France)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Linde Engineering (U.K.)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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