This segment covers all the equipment and devices utilized in the chemical and related industries. These include storage equipment namely cylinders & tanks; handling equipment such as pipes, valves & pumps; and processing & engineering equipment for ....see more
The water desalination equipment market is expected to grow from USD 7.1 billion in 2021 to USD 11.2 billion by 2026, at a compound annual growth rate (CAGR) of 9.5%. during the forecast period.Suez Water Technologies & Solutions (US), Veolia Water Technologies (France), DuPont (US), LG Chem (Korea), Toray Industries, Inc. (Japan), Sulzer (Switzerland) and Wärtsilä (Finland).
The global industrial cooling system market is projected to reach USD 17.24 Billion by 2021, at a CAGR of 5.0% between 2016 and 2021. This growth is mainly attributed to impressive development of power generation manufacturing industry in Asia-Pacific, increasing nuclear power generation capacities, and rising demand of cooling systems in thermal power generation industry.
The global cold storage construction market is projected to reach USD 10.47 Billion by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth is mainly attributed to the growth in the international trade of perishable and processed foods, growing consumer demand for temperature controlled items, and government support for development of cold stores.