Plate Heat Exchangers Market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the plate heat exchangers market to exhibit a CAGR of 7.3% for the forecast period of 2022 to 2029.
This analysis assists report users in evaluating the Plate Heat Exchangers market based on various parameters such as economies of scale, switching costs, brand loyalty, existing distribution channels, capital investments, manufacturing rights patents, government regulations, advertising impact, and consumer preference impact. This simplified data is expected to aid the industry’s key decision-makers in their decision-making process. Furthermore, this study answers the crucial question of whether or not new entrants should enter the Plate Heat Exchangers industry.
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Leading Key Players Operating in the Plate Heat Exchangers Market Includes:
Some of the major players operating in the plate heat exchangers market report are Kelvion Holding GmbH, H. Güntner (UK) Limited., Hisaka Works Ltd., Koch Heat Transfer Company, HRS, Kaori Heat Treatment Co., Ltd., McDermott, SGL Carbon, SPX Flow, ALFA LAVAL, Xylem., Mersen, API Heat Transfer, Danfoss, Fischer Maschinen und Apparatebau GmbH, and SABIC among others.
Recent Developments
- In 2021, BOYD Corporation has opened a new production facility in Juarez, Mexico, in order to expand its North American operations. The company will manufacture thermal systems and diversified engineered materials in an automated facility powered by renewable energy. The quality management system will be certified for the 40, 000 square metre facility. The expansion strategy will add capacity to manufacture highly complex liquid cooling systems, liquid cold plates, and advanced rotary die-cutting capabilities to serve the North American market.
Key Market Segments:
- Plate heat exchangers market, on the basis of type, has been segmented as shell and tube, plate and frame and air cooled.
- On the basis of raw material, the plate heat exchangers market is segmented as steel, copper and aluminum.
- On the basis of application, the plate heat exchangers market is bifurcated as chemical, petrochemical and oil and gas, HVAC and refrigeration, food and beverage, power generation and pulp and paper.
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Plate Heat Exchangers Market, By Region:
The countries covered in the Plate Heat Exchangers market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the Plate Heat Exchangers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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