The report, “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” defines and segments the global plate & frame heat exchangers market with analysis and forecasting of the global consumption revenue.
Browse 70 market data tables and 49 figures spread through 140 pages and in-depth TOC on “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"
Early buyers will receive 10% customization on reports.
Plate & frame heat exchangers: $5.5 Billion market by 2020 signifying firm annualized growth rate of 9.30% from 2015 to 2020.
Europe – the biggest market for plate & frame heat exchangers
Europe has always been a strong market for plate & frame heat exchangers and globally, this market has been a leader for plate & frame heat exchangers with respect to demand as well as production capacity. The region has the presence of most of the global leaders in heat exchanger manufacturing. Plate & frame heat exchangers consumption in the region is estimated to grow at a CAGR of around 6.50% from 2015 to 2020. This region has a relatively slow growth rate as a result of its dominant market size and slow economic activity as compared to the other regions. The demand in this region is boosted mainly due to the surging energy demand form end-user industries.
“Asia-Pacific – the fastest growing” plate & frame heat exchangers market
Asia-Pacific, being the fastest growing plate & frame heat exchangers market globally, is estimated to grow at a CAGR of 13.90% for the next five years. Asia-Pacific is witnessing high industrial growth rate, which hints at an ever-increasing demand for plate & frame heat exchangers for its diverse applications. China is expected to witness strong growth in its plate & frame heat exchangers market due to increasing demand from chemical, food & beverage, and oil & gas industry. China dominates the plate & frame heat exchangers market in Asia-Pacific region, being a major consumer and the fastest growing country in terms of plate & frame heat exchangers demand. The demand for plate & frame heat exchangers from chemical industry is expected to grow at a rapid pace in the next five years from 2015 to 2020. After China, countries, including India, Japan and other Asian countries, are showing increasing growth in demand for plate & frame heat exchangers. Moreover, increasing number of plate & frame heat exchangers manufacturers from Asian countries are putting vigorous efforts for developing a strong base of plate & frame heat exchangers market, with a target of reducing plate & frame heat exchangers imports.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.
M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]