Owing to its flexible mechanical features, the equipment unites the conventional tubular, plate, and spiral heat exchangers and can be made to operate in a wide range of thermal conditions. The global industry is moderately fragmented with presence of large number participants across the globe.
The complete knowledge is based on latest industry news, opportunities and trends. Major products offered by the chemical industry include fertilizers, inorganic chemicals, and petrochemicals.
Surging basic electricity demand, particularly during the summer season is estimated to steer product demand to support the additional nuclear power capacities over the foreseeable future. These equipment can be semi-welded or fully welded in nature and are widely used in petroleum industry owing to high corrosion resistance and less chance of leakage.
Welded and gasketed plate and frame heat exchangers are used in production of sulfuric acid, nitric acid, phosphoric acid, and Global plate frame heat. Growing preference for plate and frame heat exchanger Global plate frame heat nuclear power plants and CSP industry is expected to drive the market growth over the forecast period.
Brazed PFHE is expected to gain a significant market share over the forecast period. Growing awareness towards energy efficiency coupled with construction space constraints is expected to drive the market over the forecast period.
Europe emerged as the largest regional segment and is thereby expected to grow at an estimated CAGR exceeding 6. A complete background analysis of Plate and Frame Heat Exchangers Systems industry, which includes an assessment of the parental Market.
Reporting and estimation of recent industry developments. The report right away demonstrates the Plate Frame Heat Exchanger market basics: Increasing use in floor heating, economizers, refrigerant evaporators, oil coolers, condensers and super-coolers is expected to serve the brazed plate heat exchanger market significantly however, the market can face a few challenges with respect to competition from new market players thereby impacting the growth of plate heat exchanger industry from to Market breakdown up to the second or third level.
However, high growth regions such as Asia Pacific and CSA regions may pose a threat to the European market and capture a part of the overall market share over the forecast period. On the other hand, welded plate heat exchanger is anticipated to experience high growth owing to its rising use in numerous industries such as petrochemical, automobile, paper manufacturing and pharmaceuticals on account of improved features in performance.
The chemical industry necessitates exchangers that prevent cross-contamination and are corrosion resistant. Plate and frame heat exchanger industry is identified by a regular procurement of raw material supplies such as stainless steel, EPDM rubber and chloroprene rubber.
It is expected to experience a significant growth over the forecast period. For price quotation and More Information Mail Us: Growing concern towards cost intensive construction process and limited space constraints is expected to drive product demand in chemical industry over the forecast period.
Ongoing initiatives towards reducing dependency on crude oil derivatives and gas emissions associated with its usage in European countries have spurred the growth of nuclear and renewable energy sectors over the past few years.
Heat exchangers play significant role in the reactor operation, by controlling high temperature conditions in the facility. Increasing requirement for heat recovery applications in chemical, HVAC and food and beverage sectors is expected to drive plate and frame heat exchanger demand over the forecast period.
The report commence with a Plate Frame Heat Exchanger market overview and progress to cover the advance proposal of the industry.The global plate and frame heat exchanger market size was estimated at USD billion in and is projected to reach USD billion by It is expected to experience a significant growth over the forecast period.
Heat exchangers market report is segmented by type, end-use industry and material of construction: global opportunity analysis & industry forecast, - Global plate and frame heat exchangers market The global plate and frame heat exchangers market is expected to grow at a CAGR.
The global plate and frame heat exchanger market size was estimated at USD billion in and is anticipated to witness considerable growth on account of growing use in engineering, commercial, and industrial applications.
Increasing product demand, particularly in automobiles and commercial & residential building HVAC, is anticipated.
Global Plate and Frame Heat Exchangers Market Competitive Analysis, Trends and Forecast tillwith free sample copy of the report. Sep 22, · The global Professional Plate Frame Heat Exchanger market report comprises of primary and secondary data which is exemplified in the form of pie outlines, Professional Plate Frame Heat Exchanger tables.Download