Automatic Tube Cleaning System Market

Automatic Tube Cleaning System Market expected to flourish in Asia Pacific over the next five years

Automatic tube cleaning systems (ATCS) work round the clock to avoid the formation of deposits in heat exchangers and condenser tubes that are installed in industries such as power plants, refinery, hospitality, and commercial space. ATCS are used for reducing the frequency of costly maintenance shutdowns while optimizing equipment function and increasing energy savings. The automatic tube cleaning system market has been classified on the basis of type, industry, and geography. The automatic tube cleaning system market is expected to be valued at USD 130.5 million by 2023, growing at a CAGR of 4.53% between 2018 and 2023.

Based on type, the automatic tube cleaning system market for ball type is expected to grow at a higher CAGR. Ball-type automatic tube cleaning systems are ideal for large heat exchangers in oil & gas plants, power plants, desalinization plants, and petrochemical and refining plants. Fouling can be harmful to the equipment and can decrease the efficiency of heat exchangers. Further, balls are inexpensive and can be easily changed, so consumers often choose ball-type tube cleaning systems.

In the automatic tube cleaning system market, power generation is expected to be the fastest-growing industry during 2018–2023. Power plants have to deal with an increasingly harsh environment; hence, maintaining the performance of condenser tubes that have an enormous impact on the efficiency of power generation plant is the major issue, which is resolved by the installation of ATCS as the power is generated at maximum efficiency at all times.

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The automatic tube cleaning system market in APAC is expected to grow at the highest CAGR during the forecast period. . China and India are among the major countries in APAC having a significant number of coal-fired power plants. Easy availability of coal makes thermal power a preferred source of electricity generation. Increasing population and rapidly growing industrialization have made China the largest electricity producer in the world. Also, the APAC region has a booming commercial space industry. The growing need for energy saving and improving operational efficiency in refineries and commercial spaces drives the market for automatic tube cleaning systems in APAC.

Automatic tube cleaning system has an opportunity in the upcoming desalination projects. Automatic tube cleaning systems are widely used in desalination plants to avoid the fouling in water circuits that are present in desalination plants. The Middle East was having the shortage of potable water earlier; hence, desalination of the sea water was the only option left as the region did not have any fresh water source. Saudi Arabia has planned to build 9 desalination plants on the Red Sea coast. These desalination plants will have the capacity of 240,000 cubic meters of water per day, and the cost of these projects is around USD 530 million. Thus, the rising need to build seawater desalination plants will increase the demand for automatic tube cleaning systems.

Related Reports:

Automatic Tube Cleaning System Market by Type (Ball, and Brush), Industry (Power Generation, Oil & Gas, Commercial Space, Hospitality), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023

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Report Code
SE 6611
RI Published ON
9/14/2018
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