Global Cooling Tower Market Analyzed and Forecast in M&M Report Available at MarketPublishers.com09 Mar 2016 • by Natalie Aster
LONDON – The global cooling tower marketplace is driven by such factors as stringent environmental regulations, escalating demand from developing market located in APAC, a rise in HVACR deployments, industrial activities’ growth, and more.
However, sluggish growth of the marketplace in North America and Europe restrains growth of the world’s market, and requirement of a large quantity of water represents a major challenge for the marketplace.
The global market for cooling towers is expected to grow at a CAGR of more than 4 percent in the upcoming years to almost hit the USD 2.9 billion mark by 2020.
HVACR represent the swiftest growing application given growth in the building and construction industry and higher government investments in different infrastructure projects requiring installation of HVACR systems.
Region-wise, APAC was the largest market player in terms of value in 2015. This region is set to remain a leader in the years to come. India and China are the two major markets in APAC, with China being the number one player.
Cutting-edge research report “Cooling Tower Market by Type, by Design, by Construction Material, by Application, by Region - Trends & Forecasts to 2020” developed by M&M offers a thorough analysis of the global cooling tower marketplace. The study an insightful overview of the world’s market, it concentrates on the market dynamics and segments the marketplace on the basis of types, design, construction materials and applications. The report investigates industry trends and delves deep into performance of each market segment. The research study canvasses regional and country markets. It scrutinizes the competitive landscape and contains company profiles. Future outlook for the marketplace is available in the report, too.
Cooling Tower Market by Type, by Design, by Construction Material, by Application, by Region - Trends & Forecasts to 2020
Published: February, 2016
Price: US$ 4,650.00
- all-round overview of the global marketplace’
- detailed discussion of the market dynamics;
- coverage of industry trends;
- investigation of the market segments’ performance;
- examination of the regional as well as country markets;
- company profiles;
- future market projections;
- and more.
More insightful research reports by this publisher are available at M&M page.