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(Transportation-News.com, July 26, 2017 ) According to Publisher, the Global Heat Exchangers Market accounted for $13.21 billion in 2016 and is expected to reach $24.95 billion by 2023 growing at a CAGR of 9.5% during the forecast period. Rapid industrialization, strict Environmental Regulations and technological advancements are some of the key factors favouring the market growth. Increasing demand from nuclear power generation provides ample of opportunities for the market growth.
For more information about this report: http://www.reportsweb.com/heat-exchangers-global-market-outlook-2017-2023 By application, chemical segment commanded the largest market share during the forecast period. By geography, Asia Pacific is expected to grow at a fastest CAGR due to the rising government expenses on infrastructure expansion and increasing exploration activities in the oil & gas sector.
Some of the key players in Heat Exchangers market include Hindustan Dorr-Oliver Limited, Xylem Inc., Danfoss A/S, Sondex Holdings A/S, Guntner AG & Co. Kg, Alfa Laval AB, Modine Manufacturing Company, Hamon & CIE International SA, Kelvion Holdings GmbH, Hrs Heat Exchangers Ltd., SPX Corporation, Swep International AB, API Heat Transfer Inc., Hisaka Works Limited and Sierra S.P.A.
Applications Covered: -Paper & pulp -Food & beverage -Petrochemical and oil & gas -Power generation -Chemical -HVACR -Other Applications
Types Covered: -Plate & Frame -Air Cooled -Shell & Tube -Microchannel -Other Types - Welded - Gasketed - Finned Tube - Brazed
Material of Constructions Covered: -Stainless steel -Carbon steel -Nickel -Other Material of Constructions - Titanium - Molybdenum - Copper
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Regions Covered: -North America - US - Canada - Mexico -Europe - Germany - France - Italy - UK - Spain - Rest of Europe -Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of APAC -Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
Company Profiling 10.1 Hindustan Dorr-Oliver Limited 10.2 Xylem Inc. 10.3 Danfoss A/S 10.4 Sondex Holdings A/S 10.5 Guntner AG & Co. Kg 10.6 Alfa Laval AB 10.7 Modine Manufacturing Company 10.8 Hamon & CIE International SA 10.9 Kelvion Holdings GmbH 10.10 Hrs Heat Exchangers Ltd. 10.11 SPX Corporation 10.12 Swep International AB 10.13 API Heat Transfer Inc. 10.14 Hisaka Works Limited 10.15 Sierra S.P.A
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Source: EmailWire.Com
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