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Heat Exchanger Market 2020-2025: Industry Analysis, Growth, Demand, Report and Business Opportunities

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Heat Exchanger Market 2020-2025: Industry Analysis, Growth, Demand, Report and Business Opportunities

June 23
19:30 2020
Heat Exchanger Market 2020-2025: Industry Analysis, Growth, Demand, Report and Business Opportunities

heat exchanger market
By IMARC group, the global heat exchanger market breakup by type (shell & tube, plate & frame, air cooled), by material (carbon steel, stainless steel, nickel), to expand at a CAGR of around 6% during 2020-2025.

According to the latest report by IMARC Group, titled “Heat Exchanger Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global heat exchanger market size reaches strong growth in 2019. A heat exchanger is a device, which is used for transferring heat from one medium to another. It is extensively utilized in aquarium exhibits for preventing thermoregulatory stress and maintaining temperature. Other than this, it is also employed in the energy, petrochemical, automobile and aerospace industries across the globe. Nowadays, heat exchangers are available in a wide range of varieties, depending on the rate of heat transfer required.

Request Free Sample Report: https://www.imarcgroup.com/heat-exchanger-market/requestsample

The increasing utilization of energy on account of rapid urbanization, growing population and boosting sales of consumer electronics represents one of the major factors driving the global heat exchanger market growth. Moreover, as they aid in increasing the fuel efficiency of an aircraft, heat exchangers are extensively employed in the aerospace industry. Furthermore, they are also utilized in chemical processing, natural gas processing, sewage treatment and petroleum refineries, which is anticipated to propel the market growth in the coming years. Looking forward, IMARC Group expects the market to expand at a CAGR of around 6% during 2020-2025.

Market Breakup by Material:

  • Carbon Steel
  • Stainless Steel
  • Nickel
  • Others

Market Breakup by Type:

  • Shell & Tube
  • Plate & Frame
  • Air Cooled
  • Others

Market Breakup by Application:

  • Chemical
  • Petrochemical and Oil & Gas
  • HVAC and Refrigeration
  • Food & Beverage
  • Power Generation
  • Paper & Pulp
  • Others

Competitive Landscape Key Players:

  • Alfa Laval
  • API Heat Transfer Inc.
  • Danfoss
  • General Electric Company
  • Hisaka Works
  • IHI Corporation
  • Johnson Controls
  • Kelvion Holding GmbH
  • Koch Industries
  • Lytron Inc.
  • Mersen
  • Modine Manufacturing
  • Royal Hydraulics
  • Sondex A/S
  • Xylem Inc

Ask Analyst for Instant Discount and Download full Report with Table of contents click “global heat exchanger market size reached a strong growth in 2019” link.

Source: steemit

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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