HOME Top Market Reports Plate & Frame Heat Exchangers Market by Type (Brazed, Gasketed, Welded), by Application (Chemical, Petrochemical, Oil & Gas, HVACR, Food & Beverage, Pulp & Paper, Power Generation), and Region - Trends & Forecast to 2020

Plate & Frame Heat Exchangers Market by Type (Brazed, Gasketed, Welded), by Application (Chemical, Petrochemical, Oil & Gas, HVACR, Food & Beverage, Pulp & Paper, Power Generation), and Region - Trends & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: May 2015
Report Code: CH 3410

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Plate and frame heat exchangers are the fastest growing segment in the heat exchanger market. It consists of a series of slender corrugated formed metal plates. Every pair of plate’s form a passage in which the fluid flows. They are then stacked collectively to form a sandwich type construction in which the other fluid flows in the spaces created between successive pairs of plates. This type of heat exchangers offers a compact and lightweight heat transfer surface. The plate heat exchanger offers advantages such as: it can operate with comparatively small temperature differences; the units in a plate and frame heat exchanger occupy a lesser amount of floor space and floor loading by having a large surface area that is created from a small volume. Their simple construction allows additional advantages like easy cleaning.  Increased investment in the food & beverages, petrochemical, chemical, and HVACR industries and stringent environmental regulations are the major drivers triggering the growth of plate & frame heat exchangers market.

This study estimates the global market for plate & frame heat exchangers by the end of 2020. This market research study provides detailed qualitative and quantitative analysis of the global plate & frame heat exchangers market. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, 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. Major countries with market revenues are covered for each of the region. Competitive scenario and market share of the top players has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.

Market has also been segmented on the basis of type & applications. The major types for plate & frame heat exchangers include brazed, welded and gasketed. The major applications for plate & frame heat exchangers include chemicals, petrochemical and oil & gas, HVACR, food & beverage, pulp & paper, power generation. Market share for major market participants has been described in detail for plate & frame heat exchangers.

We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of plate & frame heat exchangers. The primary sources – selected experts from related industries and selected suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects for plate & frame heat exchangers.

We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in the plate & frame heat exchangers market include Alfa Laval AB (Sweden), GEA Group (Germany), Danfoss A/S (Denmark), SPX Corporation (U.S.) and so on.

Scope of the report: This research report categorizes the global market for plate & frame heat exchangers on the basis of type, application and geography; forecasting revenues and analyzing trends in each of the submarkets.

On the basis of type: The plate & frame heat exchangers market is segmented on the basis of type as brazed, welded and gasketed. Each type is further described in detail in the report with revenues forecasted for each type.

On the basis of applications: The plate & frame heat exchangers market is segmented on the basis of application as chemicals, petrochemical and oil & gas, HVACR, food & beverage, pulp & paper, power generation. Each application is further described in detail in the report with revenues forecasted for each application.

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

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Market Size Estimation
           2.1.1 Breakdown of Primary Interviews: By Company Type,  Designation, & Region
    2.2 Key Industry Insights
    2.3 Market Breakdown & Data Triangulation
    2.4 Market Share Estimation
           2.4.1 Key Data From Secondary Sources
           2.4.2 Key Data From Primary Sources
    2.5 Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Europe Plate & Frame Heat Exchangers Market
    4.2 Plate & Frame Heat Exchanger Market in Europe
    4.3 U.S. Dominates the Plate & Frame Heat Exchangers Market
    4.4 Leading Countries in the Plate & Frame Heat Exchanger Market, 2014
    4.5 Plate & Frame Heat Exchangers Market: Developed vs Developing Nations
    4.6 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Plate & Frame Heat Exchanger Market, By Type
           5.2.2 Plate & Frame Heat Exchanger Market, By Application
           5.2.3 Plate & Frame Heat Exchanger Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Surging Energy Prices
                    5.3.1.2 Increased Investments in the Chemical, Petrochemical, Fuel Processing, and HVAC Industries
                    5.3.1.3 Stringent Environmental Regulations Driving the Demand for Plate & Frame Heat Exchangers
                    5.3.1.4 Technological Advancements
           5.3.2 Restraints
                    5.3.2.1 Increasing Cost of Production
           5.3.3 Opportunities
                    5.3.3.1 Expanding Heat Exchanger Manufacturing Business in Developing Economies
                    5.3.3.2 Large Aftermarket for Plate & Frame Heat Exchangers
           5.3.4 Challenge
                    5.3.4.1 Fluorinated Greenhouse Gases Regulations
    5.4 Burning Issues
           5.4.1 Fouling in Heat Exchangers

6 Industry Trends (Page No. - 42)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
    6.4 Porter’s Five Forces Analysis
           6.4.1 Bargaining Power of Suppliers
           6.4.2 Bargaining Power of Buyers
           6.4.3 Threat of Substitutes
           6.4.4 Threat of New Entrants
           6.4.5 Degree of Competition
    6.5 Raw Materials
    6.6 Regulatory Framework
           6.6.1 Standards
           6.6.2 Codes

7 Plate & Frame Heat Exchangers Market, By Type (Page No. - 49)
    7.1 Introduction
    7.2 Gasketed Plate & Frame Heat Exchangers
    7.3 Welded Plate & Frame Heat Exchangers
    7.4 Brazed Heat Exchangers

8 Plate & Frame Heat Exchangers Market, By Application (Page No. - 55)
    8.1 Introduction
    8.2 Chemical
    8.3 Petrochemical and Oil & Gas
    8.4 HVAC & Refrigeration
    8.5 Food & Beverage
    8.6 Power Generation
    8.7 Pulp & Paper

9 Plate & Frame Heat Exchangers Market Size, By Region (Page No. - 66)
    9.1 Introduction
    9.2 Europe
           9.2.1 Italy
           9.2.2 Germany
           9.2.3 France
           9.2.4 Sweden
           9.2.5 U.K.
    9.3 North America
           9.3.1 U.S.
           9.3.2 Canada
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 India
           9.4.3 Japan
    9.5 RoW
           9.5.1 Saudi Arabia
           9.5.2 Brazil

10 Competitive Landscape (Page No. - 98)
     10.1 Overview
     10.2 Competitive Situation and Trends
     10.3 Key Growth Strategies in the Plate & Frame Heat Exchangers Market, 2009–2015
             10.3.1 New Product Launches
             10.3.2 Agreements, Partnerships, and Collaborations
             10.3.3 Expansions & Investments
             10.3.4 Mergers & Acquisitions

11 Company Profiles (Page No. - 104)
     11.1 Introduction
     11.2 Danfoss A/S
             11.2.1 Business Overview
             11.2.2 Products Offered
             11.2.3 Recent Developments
             11.2.4 SWOT Analysis
             11.2.5 MnM View
     11.3 GEA Group (Triton)
             11.3.1 Business Overview
             11.3.2 Products Offered
             11.3.3 Recent Developments
             11.3.4 SWOT Analysis
             11.3.5 MnM View
     11.4 SPX Corporation
             11.4.1 Business Overview
             11.4.2 Products Offered
             11.4.3 Recent Developments
             11.4.4 SWOT Analysis
             11.4.5 MnM View
     11.5 Alfa Laval AB
             11.5.1 Business Overview
             11.5.2 Products Offered
             11.5.3 Recent Developments
             11.5.4 SWOT Analysis
             11.5.5 MnM View
     11.6 Xylem Inc.
             11.6.1 Business Overview
             11.6.2 Products Offered
             11.6.3 Recent Developments
             11.6.4 SWOT Analysis
             11.6.5 MnM View
     11.7 Hisaka Works Limited
             11.7.1 Business Overview
             11.7.2 Products Offered
             11.7.3 Recent Developments
             11.7.4 MnM View
     11.8 API Heat Transfer Inc.
             11.8.1 Business Overview
             11.8.2 Products Offered
             11.8.3 Recent Developments
             11.8.4 MnM View
     11.9 Guntner GmbH & Co. Kg
             11.9.1 Business Overview
             11.9.2 Products Offered
             11.9.3 Recent Developments
             11.9.4 MnM View
     11.10 Hrs Heat Exchangers Ltd.
             11.10.1 Business Overview
             11.10.2 Products Offered
             11.10.3 Recent Developments
             11.10.4 MnM View
     11.11 Swep International AB
             11.11.1 Business Overview
             11.11.2 Products Offered
             11.11.3 Recent Developments
             11.11.4 MnM View

12 Appendix (Page No. - 132)
     12.1 Insights of Industry Experts
     12.2 Other Developments
     12.3 Discussion Guide
     12.4 Introducing RT: Real Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports


List of Tables (70 Tables)

Table 1 Plate & Frame Heat Exchangers Market Size, By Region, 2013–2020 ($Million)
Table 2 Impact of Drivers on the Plate & Frame Heat Exchangers (2015–2020)
Table 3 Impact of Restraints on the Plate & Frame Heat Exchanger Market  (2015–2020)
Table 4 Impact of Opportunities on the Plate & Frame Heat Exchanger Market  (2015–2020)
Table 5 Impact of Challenge on the Global Plate & Frame Heat Exchangers Market (2015–2020)
Table 6 Heat Exchanger: International Design Codes Used for Mechanical Design
Table 7 Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 8 Gasketed Plate & Frame Heat Exchanger Market Size, By Region, 2013–2020 ($Million)
Table 9 Welded Plate & Frame Heat Exchanger Market Size, By Region, 2013–2020 ($Million)
Table 10 Brazed Plate & Frame Heat Exchangers Market Size, By Region, 2013–2020 ($Million)
Table 11 Plate & Frame Heat Exchanger Market Size, By Application,  2013–2020 ($Million)
Table 12 Plate & Frame Heat Exchanger Market Size in Chemical, By Region,  2013–2020 ($Million)
Table 13 Plate & Frame Heat Exchanger Market Size in Petrochemical & Oil & Gas,  By Region, 2013–2020 ($Million)
Table 14 Plate & Frame Heat Exchanger Market Size in HVAC & Refrigeration, By Region, 2013–2020 ($Million)
Table 15 Plate & Frame Heat Exchangers Market Size in Food & Beverage , 2015–2020($Million)
Table 16 Plate & Frame Heat Exchangers Market Size in Power Generation, By Region, 2013–2020 ($Million)
Table 17 Plate & Frame Heat Exchanger Market Size in Pulp & Paper, By Region, 2013–2020 ($Million)
Table 18 Plate & Frame Heat Exchangers Market Size, By Region, 2013–2020 ($Million)
Table 19 Europe: Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 20 Europe: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 21 Europe: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 22 Europe: Gasketed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 23 Europe: Welded  Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 24 Europe: Brazed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 25 Italy: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 26 Italy: Plate & Frame Heat Exchangers Market Size, By Application,  2013–2020 ($Million)
Table 27 Germany: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 28 Germany: Plate & Frame Heat Exchangers Market Size, By Application,  2013–2020 ($Million)
Table 29 France: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 30 France: Plate & Frame Heat Exchangers Market Size, By Application,  2013–2020 ($Million)
Table 31 Sweden: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 32 Sweden: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 33 U.K.: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 34 U.K.: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 35 North America: Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 36 North America: Plate & Frame Heat Exchangers  MARKET SIZE, BY TYPE,  2013–2020 ($MILLION)
Table 37 North America: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 38 North America: Gasketed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 39 North America: Welded Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 40 North America: Brazed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 41 U.S.: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 42 U.S.: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 43 Canada: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 44 Canada: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 45 Asia-Pacific: Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 46 Asia-Pacific: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 47 Asia-Pacific: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 48 Asia-Pacific: Gasketed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 49 Asia-Pacific: Welded Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 50 Asia-Pacific: Brazed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 51 China: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 52 China: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 53 India: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 54 India: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 55 Japan: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 56 Japan: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 57 RoW: Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 58 RoW: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 59 RoW: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 60 RoW: Gasketed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 61 RoW: Welded Plate & Frame Heat Exchangers Market Size, By Country,  2013–2020 ($Million)
Table 62 RoW: Brazed Plate & Frame Heat Exchangers Market Size, By Country, 2013–2020 ($Million)
Table 63 Saudi Arabia: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 64 Saudi Arabia: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 65 Brazil: Plate & Frame Heat Exchangers Market Size, By Type, 2013–2020 ($Million)
Table 66 Brazil: Plate & Frame Heat Exchangers Market Size, By Application, 2013–2020 ($Million)
Table 67 New Product Launches, 2009–2015
Table 68 Agreements, Partnerships, and Collaborations, 2009–2015
Table 69 Expansions, 2009–2015
Table 70 Mergers & Acquisitions, 2009-2015


List of Figures (49 Figures)

Figure 1 Plate & Frame Heat Exchangers Market
Figure 2 Plate & Frame Heat Exchangers Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Key Industry Insights
Figure 6 Data Triangulation
Figure 7 Gasketed Heat Exchangers to Continue Domination of the Plate & Frame Heat Exchangers Market
Figure 8 Europe Dominates the Plate & Frame Heat Exchangers Market
Figure 9 Chemical Application - the Fastest Growing Market of Plate &  Frame Heat Exchangers (2014)
Figure 10 Asia-Pacific the Fastest-Growing Plate & Frame  Heat Exchangers Market
Figure 11 Attractive Opportunities in the Plate & Frame Heat Exchanger Market
Figure 12 Gasketed Heat Exchangers Accounted for the Largest Share in Europe in 2014
Figure 13 U.S. Accounted for the Largest Share of the Heat Exchangers  Market in 2014
Figure 14 Developing Markets to Grow Faster Than the Developed Ones
Figure 15 Asia-Pacific Market Expected to Grow Rapidly in the Next Five Years
Figure 16 Surging Energy Prices to Drive the Plate & Frame Heat Exchangers Market Between 2015 & 2020
Figure 17 Overview of Plate & Frame Heat Exchangers Value Chain
Figure 18 Porter’s Five Forces Analysis
Figure 19 Plate & Frame Heat Exchangers Market Share (Value), By Type
Figure 20 Gasketed Plate & Frame Heat Exchangers Segment Dominated the Plate & Frame Heat Exchangers Market By in 2014
Figure 21 Asia-Pacific is the Fastest Growing Market for Gasketed Plate & Frame Heat Exchangers, 2015-2020 ($Million)
Figure 22 Welded Plate & Frame Heat Exchangers Market Size, By Region, 2015–2020 ($Million)
Figure 23 Brazed Plate & Frame Heat Exchangers Market Size, By Region, 2015–2020 ($Million)
Figure 24 Chemical Segment Dominates the Plate & Frame  Heat Exchnagers Market
Figure 25 Asia-Pacific to Lead the Plate & Frame Heat Exchangers Market in Chemical Application, By Region, 2015–2020($Million)
Figure 26 Europe to Be the Largest Market for Plate & Frame Heat Exchangers in Petrochemical & Oil & Gas Application, 2015–2020($Million)
Figure 27 RoW–The Fastest Growing Plate & Frame Heat Exchangers Market in HVAC & Refrigeration Application, 2015–2020($Million)
Figure 28 Asia-Pacific–The Fastest Growing Market for Plate & Frame Heat Exchangers in Food & Beverage Application, 2015–2020($Million)
Figure 29 Plate & Frame Heat Exchangers Market Size in Power Generation, 2015–2020($Million)
Figure 30 Europe to Dominate the Plate & Frame Heat Exchangers Market in Pulp & Paper Application, 2015–2020($Million)
Figure 31 Regional Snapshot (2014): Rapid Growth Markets are Emerging as New Hotspots
Figure 32 Italy: Plate & Frame Heat Exchangers Market Size, 2015 vs 2020
Figure 33 U.S. is the Key Market for the Plate & Frame Heat Exchangers in the North American Region (2014)
Figure 34 Plate & Frame Heat Exchangers Market in U.S.: 2015 vs 2020
Figure 35 Asia-Pacific: Plate & Frame Heat Exchangers Market Size, By Type, 2015 vs 2020
Figure 36 Companies Adopted New Product/Service/Technology Launches as the Key Strategy, 2009–2015
Figure 37 Revenue of Top 5 Market Players in the Plate & Frame Heat Exchangers Market, 2010–2014
Figure 38 Regional Revenue Mix of the Top 5 Market Players
Figure 39 Danfoss A/S.: Company Snapshot
Figure 40 Danfoss A/S: SWOT Analysis
Figure 41 GEA Group: Company Snapshot
Figure 42 GEA Group: SWOT Analysis
Figure 43 SPX Corporation: Company Snapshot
Figure 44 SPX Corporation.: SWOT Analysis
Figure 45 Alfa Laval AB.: Company Snapshot
Figure 46 Alfa Laval AB : SWOT Analysis
Figure 47 Xylem Inc.: Company Snapshot
Figure 48 Xylem Inc.: SWOT Analysis
Figure 49 Hisaka Works Limited: Company Snapshot

Plate & frame heat exchangers: $5.5 Billion market by 2020 signifying firm annualized growth rate of 9.30% from 2015 to 2020.

The global plate & frame heat exchangers market has been witnessing many developments over the past few years. Plate & frame heat exchangers are preferred and widely accepted equipment for heat recovery process. The focus of various regulatory bodies to reduce the energy consumption for meeting the future sustainability are further driving the market for plate & frame heat exchangers globally. Plate & frame heat exchangers consumption has grown significantly in the recent times and is at an emerging stage in various countries.

Currently, Europe is the largest market for plate & frame heat exchangers, acquiring more than 35.0% of the total global market. The region has huge installed plant capacities of plate & frame heat exchangers and is an export based plate & frame heat exchangers market. The plate & frame heat exchangers market is emerging in various countries such as China, Japan, India, Saudi Arabia, and Brazil due to increasing industrial activity. Also, large number of emerging manufacturers from Asia-Pacific and Eastern Europe are expected to reduce import dependence of various regions which is further expected to drive the plate & frame heat exchangers market in future.

Due to stringent environmental regulations and increasing industrialization, the use of plate & frame heat exchangers in various end-user industries is gaining popularity. Food & Beverage industry is flourishing at a fast pace in emerging economies like Asia-Pacific, Middle East, ultimately driving the demand for plate & frame heat exchangers in these regions. The key manufacturers of plate & frame heat exchangers, such as Alfa Laval AB (Sweden), GEA Group (Germany), Danfoss A/S (Denmark), SPX Corporation (U.S.), are investing in research & development activities and production facility to meet the growing demand for plate & frame heat exchangers.

This report covers the plate & frame heat exchangers market by key regions globally. It also provides detailed segmentation of plate & frame heat exchangers market on the basis of its major types and applications, along with its forecast till 2020. The plate & frame heat exchangers market is expected to show high growth in the nearby future.

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