DUBLIN, April 11, 2023 /PRNewswire/ -- The "Global Brazed Plate Heat Exchanger Market Size, Trends and Growth Opportunity, By Product, Application, End-Use, By Region and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Brazed Plate Heat Exchanger Market was valued at US$923 million in 2021 and it is expected to reach at US$1541 million in 2027 at a CAGR of 7.01% during forecast period 2022-2027.
A brazed plate heat exchanger has corrugated plates that connect to form channels that can transmit a hot or cold medium. The brazed plate heat exchanger uses heat to completely penetrate the surface before separating the hot medium from the cold medium. Gases and fluids are thereby heated and cooled using the least amount of energy possible.
Market Drivers
Petrochemical, chemical, oil & gas, HVACR, power generation, and food & beverage industries all heavily utilize brazed plate heat exchangers.
Additionally, the brazed plate heat exchangers market is anticipated to rise significantly due to the rising demand for services and goods from these industries across the globe. Brazed plate heat exchangers are widely used in a variety of intricate processes, including evaporation, separation, heating, cooling, condensing, and others, which explains their high level of acceptance.
Market Restraints
The primary constraints restricting demand for brazed plate heat exchangers and impeding the rate of market expansion are the maintenance and ongoing repair costs of these devices. The brazed plate heat exchangers market is also anticipated to experience slow growth throughout the forecast period due to the product's non-movable nature.
Key Players
Various key players are listed in this report such as SPX Technologies (U.S.), API Heat Transfer, (U.S.), SHECO Industries, Inc. (U.S.), Alfa Laval (Sweden), HRS Heat Exchangers (U.K.), Koch Heat Transfer Company (U.S.), Hughes Anderson Heat Exchangers Inc. (U.S.), Atlas Copco UK Holdings (Sweden), Hindustan Dorr-Oliver Ltd (India), Modine Manufacturing Company (U.S.)
Market Taxonomy
By Product
- Single Circuit
- Multi-Circuit
By Application
- Evaporator
- Condenser
- Economizer
By End Use
- HVACR
- Chemical
- Food And Beverage
- Power
- Heavy Industries
- Others
Key Question Addressed by the Report
- What are the Key Opportunities in Global Brazed Plate Heat Exchanger Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the role of key players in the value chain?
- What is the competitive Landscape in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/ltjbtj
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-brazed-plate-heat-exchanger-market-report-2022-sector-to-reach-1-5-billion-in-2027-at-a-cagr-of-7-01-301794490.htmlSOURCE Research and Markets
"exchanger" - Google News
April 12, 2023 at 01:15AM
https://ift.tt/KvX6Y4l
Global Brazed Plate Heat Exchanger Market Report 2022: Sector to ... - Benzinga
"exchanger" - Google News
https://ift.tt/tjQc6bU
https://ift.tt/m0pn8Pj
Bagikan Berita Ini
0 Response to "Global Brazed Plate Heat Exchanger Market Report 2022: Sector to ... - Benzinga"
Post a Comment