Heat exchangers are integral part of chemical and petrochemical industries. The chemical industry is the largest user of heat exchanger. Apart from the chemical industry, they are widely used in petrochemical and oil & gas industry, power generation, refrigeration, pharmaceuticals, HVAC, food & beverage processing, and pulp paper industry. New emerging technologies and regulations in certain regions have also helped in the growth of the industry. Innovative heat exchangers are that can withstand corrosive chemicals are gaining popularity.

The global market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by growing demand in the Asia-Pacific region. China is experiencing the highest demand globally, mainly due to increase in its industrial growth. The heat exchanger market in other countries is emerging from past years and is expected to grow significantly in the future. Various countries like India, Japan, etc. have their own respective focus to develop market by producing it domestically or by sourcing it from the other countries.
This study estimates the global market by the end of 2018. This market research study provides detailed qualitative and quantitative analysis of the global heat exchanger market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market. The market is further segmented and forecasted for major geographic regions, North America, Europe, Asia Pacific, and Rest of the World. The market is further segmented and forecasted for major countries like U.S., China, India, Italy, Germany, Sweden, Saudi Arabia, and their market revenues are covered for each of the country. Competitive scenario and market share of the top players in the market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.
Additionally, the report covers profiles of the leading players in the industry with their recent developments and other strategic industry activities. Key participants in the global heat exchanger market include Alfa Laval AB (Sweden), GEA Group AG (Germany), Tranter Inc. (U.S.), Xylem Inc. (U.S.), and so on.

Scope of the report: This research report categorizes the global market on the basis of types, applications, and geography; forecasting revenues and analyzing trends in each of the submarkets.

On the basis of types: The heat exchanger market is segmented on the basis of types such as shell & tube, plate & frame, and air-cooled amongst the others. Each type is further described in detail in the report with the revenue forecasts.

On the basis of applications: The heat exchanger market is segmented on the basis of industry applications such as chemical processing, petrochemical and oil & gas, food & beverage, HVAC & Refrigeration, pulp paper, and power generation amongst the others. Each application is further described in detail in the report with the revenue forecasts.

On the basis of geography: North America, Europe, Asia-Pacific, and ROW and the key countries in every region.

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