World Heat Exchanger Market to See 8% CAGR through 2021, States Market Research Future in New Report Recently Added at MarketPublishers.com
13 Jan 2017 • by Natalie Aster
LONDON – Driven by rapid industrial expansion in the developing and emerging countries worldwide, the global market for heat exchangers is keeping to a growth trends. Furthermore, constantly escalating number of projects across different industries like power generation, oil and gas, chemicals and petrochemicals, food and beverages, amid others, gives an impetus to growth of demand for heat exchangers. Implementation of strict government norms and regulations (on the back of enhancing concerns regarding industrial emissions and energy efficiency) also has a positive effect on the demand growth.
The world’s heat exchangers market is anticipated to grow exhibiting an 8% CAGR through 2021.
Top players active in the heat exchangers market include HRS Heat Exchangers, Alfa Laval AB, Koch Heat Transfer Company LP, Xylem, Danfoss A/S and Hamon & CIE.
Europe captures the major share (around 40%) of the overall heat exchanger market. However, the highest growth rates through 2021 are predicted to be registered in the APAC regional market with China and India being the key growth generators.
Cutting-edge topical report “Global Heat Exchanger Market Research Report - Global Forecast to 2021” prepared by Market Research Future contains updated trustworthy info on the world’s heat exchanger market scenario. It presents a granular analysis of the market structure, reviews the market dynamics, contains data on regulative framework, discusses top trends and explores the major factors influencing the market growth and development. The research publication identifies the potential high growth areas, canvases regional and country specific demand factors, delves deep into the key market segments, sheds light on the competitive scenario and also uncovers data on top players. Moreover, forecasts for the world’s heat exchanger market through 2021 are provided.
More reports by this publisher can be found at the Market Research Future page at MarketPublishers.com.