“The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. ”
Heat Exchanger Market Research Report covers the present scenario and the growth prospects of the Heat Exchanger Industry for 2017-2021. Heat Exchanger Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
To calculate the market size, the report considers the revenue generated from the sales of Heat Exchanger globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Heat Exchanger Market:
- Alfa Laval
- Doosan Heavy Industries & Construction
- SPX FLOW
Other Prominent Vendors of Heat Exchanger Market Are:
- 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
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.
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According to the report, 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. Currently, the country has 90 coal-fired power plants with a total capacity of 40 GW. The addition of 43 coal-fired power plants by the end of 2028 is expected to increase power capacity to 61 GW. Coal is the cheapest alternative for generating electricity.
Report also presents Geographical Segmentation analysis of Heat Exchanger Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in market is F-gas regulations. In November 2012, the European Commission imposed certain changes regarding the use of F-gas in the form of the recent F-gas regulations. HFCs, which are the most common form of F-gases, are used as a heat exchanging medium rather than as a refrigerant in air conditioners and heat pump equipment. The use of HFC gases has been banned in many applications. Global warming is harmful to the environment. It is mainly caused by CO₂ emissions arising from the power plants that use fossil fuels. The energy sector accounts for nearly 40% of the global CO₂ emissions.
Key questions answered in Heat Exchanger market report:
- What will the Heat Exchanger market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Heat Exchanger market?
- What are the challenges to Heat Exchanger market growth?
- Who are the key vendors in Heat Exchanger market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 70
Price of Report: $ 3500 (Single User License)
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