Plate & Frame Heat Exchanger Market

Plate & Frame Heat Exchanger Market worth $8.1 Billion by 2028

The report "Plate and Frame Heat Exchanger Market by Type (Gasketed, Welded, and Brazed), Application (Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, Power Generation, and Pulp & Paper), and Region - Global Forecast to 2028", The Plate and frame heat exchanger market is projected to reach USD 8.1 Billion by 2028, at a CAGR of 6.5% from USD 5.9 Billion in 2023.The Plate and frame heat exchanger market is driven by the demand for plate and frame heat exchangers in various industries, including chemicals, petrochemicals, oil & gas, HVAC & refrigeration, food & beverages, power generation, and pulp & paper. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.

Browse 220 market data Tables and 50 Figures spread through 212 Pages and in-depth TOC on "Plate and Frame Heat Exchanger Market by Type (Gasketed, Welded, and Brazed), Application (Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, Power Generation, and Pulp & Paper), and Region - Global Forecast to 2028"
View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/plate-frame-heat-exchangers-market-259151406.html

Welded plate and frame heat exchanger segment is projected to grow at fastest CAGR, in terms of value, during the forecast period.

The growth of welded plate and frame heat exchangers is outpacing other types of heat exchangers in several ways. Firstly, their compact design allows for higher heat transfer rates and efficiency compared to traditional shell and tube heat exchangers. Secondly, welded plate and frame heat exchangers offer greater flexibility in terms of customization and adaptability to different process conditions. Their modular construction enables easy expansion and modification, making them ideal for industries with changing heat transfer requirements. Additionally, the reduced size and weight of welded plate and frame heat exchangers result in cost savings in terms of installation, operation, and maintenance. These advantages have propelled the increasing demand for welded plate and frame heat exchangers in various industries worldwide.

Chemicals is projected to be the second largest application type in the plate and frame heat exchanger market, in terms of value.

In chemical applications, the plate and frame heat exchanger is experiencing rapid growth due to its advantages. Its compact design, high heat transfer efficiency, and ability to handle corrosive fluids make it well-suited for chemical processes. Additionally, its modular construction allows for easy scalability and maintenance. These factors have contributed to the increasing demand for plate and frame heat exchangers in the chemical industry.

Asia Pacific is expected to be the fastest growing market for plate and frame heat exchangers during the forecast period, in terms of value.

The markets of Asia Pacific are registering high growth, and the trend is projected to continue during the forecast period. Emerging economies such as India and China are investing in various industrial developments that are driving the plate and frame heat exchanger market.

New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the plate and frame heat exchangers market include Alfa Laval (Sweden), Danfoss (Denmark), Kelvion Holding GmbH (Germany), SPX Flow (US), XYLEM (US), API Heat Transfer (US), H. Guntner (UK) LTD. (England), Boyd Corporation (US), Johnson Controls (Ireland), and Wabtec Corporation (US).

Don’t miss out on business opportunities in Plate and Frame Heat Exchanger Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Plate and Frame Heat Exchanger Market Size,  Share & Growth Report
Report Code
CH 3410
PR Published ON
6/9/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Plate and Frame Heat Exchanger Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home