Cooling Tower Market Report by Tower Type (Open-Circuit Cooling Towers, Closed-Circuit Cooling Towers, Hybrid Cooling Towers), Flow Type (Cross Flow, Counter Flow), Design (Mechanical Draft Cooling Tower, Natural Draft Cooling Tower), Construction Material (Fiber-Reinforced Plastic (FRP), Steel, Concrete, Wood, High-Density Polyethylene (HDPE), and Others), End-User (Chemical, HVAC, Petrochemicals and Oil & Gas, Power Generation, Food and Beverages, and Others), and Region 2024-2032
The global cooling tower market size reached US$ 3.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. The market is experiencing steady growth driven by heightened energy costs and concerns associated with energy expenditure, rising adoption of sustainable measures in various industrial operations, and increasing integration of digital technologies and cloud computing.
Cooling Tower Market Analysis:
Rising Focus on Energy Efficiency
Organizations are emphasizing energy conservation due to rising energy costs. Cooling towers are essential as they dissipate heat produced by power production facilities, HVAC systems, and industrial operations. Innovative cooling towers are developed by manufacturers in response to the increasing need for economical and eco-friendly solutions. Market players are developing cutting-edge systems by using superior materials and technology to maximize energy efficiency. Furthermore, cooling towers equipped with variable frequency drives (VFDs) can modify fan speeds in accordance with the cooling load, leading to energy savings. Additionally, by reducing water use while preserving thermal performance, hybrid cooling towers offer greater efficiency. As businesses seek to reduce their carbon footprint and operating expenses, the energy-efficient cooling tower demand increases. On 20 March 2023, Babcock & Wilcox (B&W) announced that its B&W Environmental business segment has been awarded a contract for more than US$ 9 Million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East. B&W Environmental will supply two SPIG® fiberglass-reinforced polymer (FRP) cooling towers to provide efficient and low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen.
Industrial expansion
The expansion of industrial activities, particularly in emerging economies, is propelling the cooling tower market growth. Effective cooling systems are essential for a variety of industries including data centers, manufacturing, petrochemicals, and power production, in order to preserve both product quality and operational effectiveness. Emerging economies are experiencing rapid industrialization and urbanization, leading to increased demand for electricity, manufactured goods, and infrastructure. Efficient cooling solutions are required to disperse surplus heat produced during production operations and power generation. Cooling towers play a crucial role in maintaining continuous operations in industrial facilities by controlling the temperature. In addition, the growing complexity in the data center sector brought by the digital technologies and cloud computing is accelerating the need for cooling solutions that can manage heat loads produced by high-density servers. The IMARC Group predicts that the global data center market size will hit US$ 461.8 Billion by 2032.
Stringent environmental regulations
Governing agencies of various countries are implementing stringent environmental regulations related to water conservation and emissions control, which is offering a positive cooling tower market outlook. They are mandating rigorous standards to address water scarcity and curb emissions of pollutants including volatile organic compounds (VOCs). Cooling towers are linked to these regulations due to their water-intensive nature. To comply with water conservation mandates, cooling tower manufacturers are developing innovative solutions such as dry cooling towers, which assist in reducing water consumption as compared to traditional evaporative cooling systems. These water-saving technologies not only help industries meet regulatory requirements but also contribute to sustainability efforts. Furthermore, emissions control regulations aim to minimize the release of harmful pollutants into the atmosphere. Cooling towers can contribute to air quality challenges through the emission of particulate matter and other substances. To address this concern, modern cooling towers are equipped with advanced filtration systems and air quality controls to ensure compliance with emission standards. On 28 November 2023, Hydroleap announced a strategic partnership with IX Technology (IXT), a leading Singapore-based provider of data center mechanical and electrical (M&E) infrastructure solutions. This is aimed at transforming water management in cooling towers and allowing organizations in the data center industry to reduce water consumption, lower chemical use, bring down the carbon footprint, and improve regulatory compliance.
Cooling Tower Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with cooling tower market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on tower type, flow type, design, construction material, and end-user.
Breakup by Tower Type:
The report has provided a detailed breakup and analysis of the market based on the tower type. This includes open-circuit cooling towers, closed-circuit cooling towers, and hybrid cooling towers. According to the report, open-circuit cooling towers represented the largest segment.
The open design of open-circuit cooling towers permits direct contact between the process water and surrounding air, giving them their distinctive feature. Open-circuit cooling towers are employed in many different industrial applications, especially in the heavy manufacturing and power plant sectors. They are also well-known for being reasonably priced and excellent at dissipating substantial amounts of heat. They are dependent on a constant supply of water since evaporation occurs continuously.
Breakup by Flow Type:
A detailed breakup and analysis of the market based on the flow type have also been provided in the report. This includes cross flow and counter flow. According to the report, cross flow accounted for the largest market share.
Cross flow cooling towers are renowned for their small size and effective construction. They facilitate efficient heat exchange by having water and air flows that are perpendicular to one another. They are utilized in diverse industrial applications, including as small- to medium-sized industrial operations, commercial buildings, and HVAC systems. These towers have a reputation for being dependable and simple to maintain. Their cost-effectiveness is leading to their widespread acceptance, making them a preferred solution for sectors looking to balance cooling system affordability and performance.
Breakup by Design:
The report has provided a detailed breakup and analysis of the market based on the design. This includes mechanical draft cooling tower and natural draft cooling tower. According to the report, mechanical draft cooling tower represented the largest segment.
Mechanical draft cooling towers rely on mechanical components such as fans or blowers to create airflow through the tower, enhancing the heat exchange process. They are widely used across industries because of their flexibility and ability to maintain consistent performance even in variable environmental conditions. They offer precise control over airflow, making them suitable for applications with specific cooling requirements. They are commonly found in power plants, manufacturing facilities, and HVAC systems where efficient cooling is essential. The dominance of mechanical draft cooling towers can be attributed to their adaptability, reliability, and ability to deliver efficient thermal performance. On 21 August 2023, John Cockerill Hamon announced that it would build the world’s largest induced draft cooling tower for the world’s largest natural gas deposit in Qatar.
Breakup by Construction Material:
A detailed breakup and analysis of the market based on the construction material have also been provided in the report. This includes fiber-reinforced plastic (FRP), steel, concrete, wood, high-density polyethylene (HDPE), and others. According to the report, fiber-reinforced plastic (FRP) accounted for the largest market share.
Fiber-reinforced plastic (FRP) cooling towers are known for their durability, corrosion resistance, and lightweight properties. FRP is a composite material that combines a polymer matrix with reinforcing fibers, typically glass or carbon. FRP cooling towers are used across various industries on account of their ability to withstand harsh environmental conditions and aggressive chemicals. Their low maintenance requirements and long lifespan make them a cost-effective choice. FRP can provide reliable cooling solutions for a wide range of applications.
Breakup by End-User:
The report has provided a detailed breakup and analysis of the market based on the end-user. This includes chemical, HVAC, petrochemicals and oil and gas, power generation, food and beverages, and others. According to the report, power generation represented the largest segment.
Power generation relies on cooling towers to dissipate the heat generated during electricity production. Whether in coal, natural gas, nuclear, or renewable energy plants, cooling towers are integral for maintaining safe operating temperatures. Their efficient heat removal capabilities are essential for ensuring the continuous and reliable operation of power plants. The need for cooling towers in the power generation sector is driven by the growing need for electricity worldwide.
Breakup by Region:
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for cooling tower.
In the Asia Pacific region, various industrial activities like manufacturing and petrochemicals are driving the demand for cooling towers to dissipate heat and maintain operational efficiency. Besides this, favorable government initiatives are bolstering the market growth. In addition, the thriving power generation industry, particularly in India and China, represent cooling tower market recent opportunities in the region. For instance, the India Climate and Energy Dashboard (ICED) stated that the total power installed capacity recorded 442.77 GW as of 30 April 2024 in India.
Competitive Landscape:
Cooling Tower Market Analysis:
- Major Market Drivers: One of the key market drivers includes changing weather patterns. Moreover, there is an increase in the need to upgrade aging infrastructure, which is acting as a growth-inducing factor.
- Key Market Trends: The rising focus on energy efficiency and industrial expansion are main trends in the market.
- Geographical Trends: As per the report, Asia Pacific exhibits a clear dominance, accounting for the biggest market share due to the increasing need to dissipate heat and maintain operational efficiency, coupled with the thriving power generation sector.
- Competitive Landscape: Numerous players in the cooling tower industry include Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company Inc. (Amsted Industries Inc.), Brentwood Industries Inc., Delta Cooling Towers Inc., ENEXIO Management GmbH, Hamon Corporation (Hamon & Cie), International Cooling Tower Inc., Johnson Controls Inc., SPX Cooling Technologies Inc., Reymsa Cooling Towers Inc., Thermal Care Inc. (IPEG Inc.), Thermax Limited (RDA Holdings Private Limited), among many others.
- Challenges and Opportunities: Rising health and safety concerns among individuals, along with water scarcity or stringent water conservation regulations, are major market challenges. Nonetheless, the increasing focus on water conservation and recycling and integration of smart and connected technologies represent key opportunities in the market.
Rising Focus on Energy Efficiency
Organizations are emphasizing energy conservation due to rising energy costs. Cooling towers are essential as they dissipate heat produced by power production facilities, HVAC systems, and industrial operations. Innovative cooling towers are developed by manufacturers in response to the increasing need for economical and eco-friendly solutions. Market players are developing cutting-edge systems by using superior materials and technology to maximize energy efficiency. Furthermore, cooling towers equipped with variable frequency drives (VFDs) can modify fan speeds in accordance with the cooling load, leading to energy savings. Additionally, by reducing water use while preserving thermal performance, hybrid cooling towers offer greater efficiency. As businesses seek to reduce their carbon footprint and operating expenses, the energy-efficient cooling tower demand increases. On 20 March 2023, Babcock & Wilcox (B&W) announced that its B&W Environmental business segment has been awarded a contract for more than US$ 9 Million to design and supply two cooling systems for a clean hydrogen production facility in the Middle East. B&W Environmental will supply two SPIG® fiberglass-reinforced polymer (FRP) cooling towers to provide efficient and low-emissions cooling for a plant that will use renewable energy sources to produce hydrogen.
Industrial expansion
The expansion of industrial activities, particularly in emerging economies, is propelling the cooling tower market growth. Effective cooling systems are essential for a variety of industries including data centers, manufacturing, petrochemicals, and power production, in order to preserve both product quality and operational effectiveness. Emerging economies are experiencing rapid industrialization and urbanization, leading to increased demand for electricity, manufactured goods, and infrastructure. Efficient cooling solutions are required to disperse surplus heat produced during production operations and power generation. Cooling towers play a crucial role in maintaining continuous operations in industrial facilities by controlling the temperature. In addition, the growing complexity in the data center sector brought by the digital technologies and cloud computing is accelerating the need for cooling solutions that can manage heat loads produced by high-density servers. The IMARC Group predicts that the global data center market size will hit US$ 461.8 Billion by 2032.
Stringent environmental regulations
Governing agencies of various countries are implementing stringent environmental regulations related to water conservation and emissions control, which is offering a positive cooling tower market outlook. They are mandating rigorous standards to address water scarcity and curb emissions of pollutants including volatile organic compounds (VOCs). Cooling towers are linked to these regulations due to their water-intensive nature. To comply with water conservation mandates, cooling tower manufacturers are developing innovative solutions such as dry cooling towers, which assist in reducing water consumption as compared to traditional evaporative cooling systems. These water-saving technologies not only help industries meet regulatory requirements but also contribute to sustainability efforts. Furthermore, emissions control regulations aim to minimize the release of harmful pollutants into the atmosphere. Cooling towers can contribute to air quality challenges through the emission of particulate matter and other substances. To address this concern, modern cooling towers are equipped with advanced filtration systems and air quality controls to ensure compliance with emission standards. On 28 November 2023, Hydroleap announced a strategic partnership with IX Technology (IXT), a leading Singapore-based provider of data center mechanical and electrical (M&E) infrastructure solutions. This is aimed at transforming water management in cooling towers and allowing organizations in the data center industry to reduce water consumption, lower chemical use, bring down the carbon footprint, and improve regulatory compliance.
Cooling Tower Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with cooling tower market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on tower type, flow type, design, construction material, and end-user.
Breakup by Tower Type:
- Open-Circuit Cooling Towers
- Closed-Circuit Cooling Towers
- Hybrid Cooling Towers
The report has provided a detailed breakup and analysis of the market based on the tower type. This includes open-circuit cooling towers, closed-circuit cooling towers, and hybrid cooling towers. According to the report, open-circuit cooling towers represented the largest segment.
The open design of open-circuit cooling towers permits direct contact between the process water and surrounding air, giving them their distinctive feature. Open-circuit cooling towers are employed in many different industrial applications, especially in the heavy manufacturing and power plant sectors. They are also well-known for being reasonably priced and excellent at dissipating substantial amounts of heat. They are dependent on a constant supply of water since evaporation occurs continuously.
Breakup by Flow Type:
- Cross Flow
- Counter Flow
A detailed breakup and analysis of the market based on the flow type have also been provided in the report. This includes cross flow and counter flow. According to the report, cross flow accounted for the largest market share.
Cross flow cooling towers are renowned for their small size and effective construction. They facilitate efficient heat exchange by having water and air flows that are perpendicular to one another. They are utilized in diverse industrial applications, including as small- to medium-sized industrial operations, commercial buildings, and HVAC systems. These towers have a reputation for being dependable and simple to maintain. Their cost-effectiveness is leading to their widespread acceptance, making them a preferred solution for sectors looking to balance cooling system affordability and performance.
Breakup by Design:
- Mechanical Draft Cooling Tower
- Natural Draft Cooling Tower
The report has provided a detailed breakup and analysis of the market based on the design. This includes mechanical draft cooling tower and natural draft cooling tower. According to the report, mechanical draft cooling tower represented the largest segment.
Mechanical draft cooling towers rely on mechanical components such as fans or blowers to create airflow through the tower, enhancing the heat exchange process. They are widely used across industries because of their flexibility and ability to maintain consistent performance even in variable environmental conditions. They offer precise control over airflow, making them suitable for applications with specific cooling requirements. They are commonly found in power plants, manufacturing facilities, and HVAC systems where efficient cooling is essential. The dominance of mechanical draft cooling towers can be attributed to their adaptability, reliability, and ability to deliver efficient thermal performance. On 21 August 2023, John Cockerill Hamon announced that it would build the world’s largest induced draft cooling tower for the world’s largest natural gas deposit in Qatar.
Breakup by Construction Material:
- Fiber-Reinforced Plastic (FRP)
- Steel
- Concrete
- Wood
- High-Density Polyethylene (HDPE)
- Others
A detailed breakup and analysis of the market based on the construction material have also been provided in the report. This includes fiber-reinforced plastic (FRP), steel, concrete, wood, high-density polyethylene (HDPE), and others. According to the report, fiber-reinforced plastic (FRP) accounted for the largest market share.
Fiber-reinforced plastic (FRP) cooling towers are known for their durability, corrosion resistance, and lightweight properties. FRP is a composite material that combines a polymer matrix with reinforcing fibers, typically glass or carbon. FRP cooling towers are used across various industries on account of their ability to withstand harsh environmental conditions and aggressive chemicals. Their low maintenance requirements and long lifespan make them a cost-effective choice. FRP can provide reliable cooling solutions for a wide range of applications.
Breakup by End-User:
- Chemical
- HVAC
- Petrochemicals and Oil and Gas
- Power Generation
- Food and Beverages
- Others
The report has provided a detailed breakup and analysis of the market based on the end-user. This includes chemical, HVAC, petrochemicals and oil and gas, power generation, food and beverages, and others. According to the report, power generation represented the largest segment.
Power generation relies on cooling towers to dissipate the heat generated during electricity production. Whether in coal, natural gas, nuclear, or renewable energy plants, cooling towers are integral for maintaining safe operating temperatures. Their efficient heat removal capabilities are essential for ensuring the continuous and reliable operation of power plants. The need for cooling towers in the power generation sector is driven by the growing need for electricity worldwide.
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for cooling tower.
In the Asia Pacific region, various industrial activities like manufacturing and petrochemicals are driving the demand for cooling towers to dissipate heat and maintain operational efficiency. Besides this, favorable government initiatives are bolstering the market growth. In addition, the thriving power generation industry, particularly in India and China, represent cooling tower market recent opportunities in the region. For instance, the India Climate and Energy Dashboard (ICED) stated that the total power installed capacity recorded 442.77 GW as of 30 April 2024 in India.
Competitive Landscape:
- The research market report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the cooling tower industry include Babcock & Wilcox Enterprises Inc., Baltimore Aircoil Company Inc. (Amsted Industries Inc.), Brentwood Industries Inc., Delta Cooling Towers Inc., ENEXIO Management GmbH, Hamon Corporation (Hamon & Cie), International Cooling Tower Inc., Johnson Controls Inc., SPX Cooling Technologies Inc., Reymsa Cooling Towers Inc., Thermal Care Inc. (IPEG Inc.), and Thermax Limited (RDA Holdings Private Limited).
- Key players in the market are engaging in several strategic initiatives to maintain their competitive edge. These initiatives include continuous research and development (R&D) to enhance the efficiency and sustainability of cooling towers, with a focus on incorporating advanced materials and technologies. Additionally, top players are expanding their global presence through mergers and acquisitions (M&As) and partnerships to tap into emerging markets, diversify their product portfolios, and increase their cooling tower market revenue. Furthermore, the rising emphasis on providing customized solutions to meet the specific needs of various industries such as power generation, petrochemicals, and data centers is supporting the market growth. This customer-centric approach allows key players to address unique cooling challenges and strengthen their market position as trusted providers of cooling solutions. On 21 April 2023, Baltimore Aircoil Company (BAC), the global leader in modular evaporative cooling equipment, showcased its innovative suite of cooling tower solutions for the steel industry at AISTech 2023.
- 3 February 2023: Baltimore Aircoil Company (BAC), a Maryland-based manufacturer showcased its CO2 (R744) adiabatic condenser/gas cooler, which is widely used in transcritical CO2 (R744) systems and hybrid cooling solutions on adiabatic heat rejection at the International Air-Conditioning, Heating, Refrigeration Exposition (AHR Expo) that held at the Georgia World Congress Center (GWCC) in Atlanta, Georgia.
- 29 November 2023: Metso launched its upgraded Evaporative Cooling Tower, an efficient dry gas cleaning solution designed to cool down hot furnace off-gases by means of evaporation. The evaporative cooling tower is followed by a hot electrostatic precipitator or a bag filter that cools the gas from about 600-700 °C to about 200-350 °C. The tower operates dry, meaning that all water added is evaporated.
- On 19 October 2023: SPX Cooling Tech, a full-service cooling tower and air-cooled heat exchanger manufacturer, opened a manufacturing facility in Springfield, creating more than 60 new jobs as part of a capital plan focused on incremental capacity of SPX Cooling Tech products manufactured in the U.S.
- How has the global cooling tower market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global market?
- What is the impact of each driver, restraint, and opportunity on the global market?
- What are the key regional markets?
- Which countries represent the most attractive market?
- What is the breakup of the market based on the tower type?
- Which is the most attractive tower type in the market?
- What is the breakup of the market based on the flow type?
- Which is the most attractive flow type in the market?
- What is the breakup of the market based on the design?
- Which is the most attractive design in the market?
- What is the breakup of the market based on the construction material?
- Which is the most attractive construction material in the market?
- What is the breakup of the market based on the end-user?
- Which is the most attractive end-user in the market?
- What is the competitive structure of the market?
- Who are the key players/companies in the global cooling tower market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL COOLING TOWER MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY TOWER TYPE
6.1 Open-Circuit Cooling Towers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Closed-Circuit Cooling Towers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hybrid Cooling Towers
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY FLOW TYPE
7.1 Cross Flow
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Counter Flow
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY DESIGN
8.1 Mechanical Draft Cooling Tower
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Natural Draft Cooling Tower
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY CONSTRUCTION MATERIAL
9.1 Fiber-Reinforced Plastic (FRP)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Steel
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Concrete
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Wood
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 High-Density Polyethylene (HDPE)
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 MARKET BREAKUP BY END-USER
10.1 Chemical
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 HVAC
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Petrochemicals and Oil & Gas
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Power Generation
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Food and Beverages
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 MARKET BREAKUP BY REGION
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT ANALYSIS
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 VALUE CHAIN ANALYSIS
14 PORTERS FIVE FORCES ANALYSIS
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 PRICE ANALYSIS
16 COMPETITIVE LANDSCAPE
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Babcock & Wilcox Enterprises Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Baltimore Aircoil Company Inc. (Amsted Industries Inc.)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Brentwood Industries Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Delta Cooling Towers Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 ENEXIO Management GmbH
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Hamon Corporation (Hamon & Cie)
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 International Cooling Tower Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Johnson Controls Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 SPX Cooling Technologies Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Reymsa Cooling Towers Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Thermal Care Inc. (IPEG Inc.)
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Thermax Limited (RDA Holdings Private Limited)
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL COOLING TOWER MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY TOWER TYPE
6.1 Open-Circuit Cooling Towers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Closed-Circuit Cooling Towers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hybrid Cooling Towers
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY FLOW TYPE
7.1 Cross Flow
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Counter Flow
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY DESIGN
8.1 Mechanical Draft Cooling Tower
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Natural Draft Cooling Tower
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY CONSTRUCTION MATERIAL
9.1 Fiber-Reinforced Plastic (FRP)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Steel
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Concrete
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Wood
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 High-Density Polyethylene (HDPE)
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 MARKET BREAKUP BY END-USER
10.1 Chemical
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 HVAC
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Petrochemicals and Oil & Gas
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Power Generation
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Food and Beverages
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 MARKET BREAKUP BY REGION
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT ANALYSIS
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 VALUE CHAIN ANALYSIS
14 PORTERS FIVE FORCES ANALYSIS
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 PRICE ANALYSIS
16 COMPETITIVE LANDSCAPE
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Babcock & Wilcox Enterprises Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Baltimore Aircoil Company Inc. (Amsted Industries Inc.)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Brentwood Industries Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Delta Cooling Towers Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 ENEXIO Management GmbH
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Hamon Corporation (Hamon & Cie)
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 International Cooling Tower Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Johnson Controls Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 SPX Cooling Technologies Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Reymsa Cooling Towers Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Thermal Care Inc. (IPEG Inc.)
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Thermax Limited (RDA Holdings Private Limited)
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
LIST OF TABLES
Table 1: Global: Cooling Tower Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Cooling Tower Market Forecast: Breakup by Tower Type (in Million US$), 2024-2032
Table 3: Global: Cooling Tower Market Forecast: Breakup by Flow Type (in Million US$), 2024-2032
Table 4: Global: Cooling Tower Market Forecast: Breakup by Design (in Million US$), 2024-2032
Table 5: Global: Cooling Tower Market Forecast: Breakup by Construction Material (in Million US$), 2024-2032
Table 6: Global: Cooling Tower Market Forecast: Breakup by End-User (in Million US$), 2024-2032
Table 7: Global: Cooling Tower Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Cooling Tower Market Structure
Table 9: Global: Cooling Tower Market: Key Players
Table 1: Global: Cooling Tower Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Cooling Tower Market Forecast: Breakup by Tower Type (in Million US$), 2024-2032
Table 3: Global: Cooling Tower Market Forecast: Breakup by Flow Type (in Million US$), 2024-2032
Table 4: Global: Cooling Tower Market Forecast: Breakup by Design (in Million US$), 2024-2032
Table 5: Global: Cooling Tower Market Forecast: Breakup by Construction Material (in Million US$), 2024-2032
Table 6: Global: Cooling Tower Market Forecast: Breakup by End-User (in Million US$), 2024-2032
Table 7: Global: Cooling Tower Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Cooling Tower Market Structure
Table 9: Global: Cooling Tower Market: Key Players
LIST OF FIGURES
Figure 1: Global: Cooling Tower Market: Major Drivers and Challenges
Figure 2: Global: Cooling Tower Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cooling Tower Market: Breakup by Tower Type (in %), 2023
Figure 4: Global: Cooling Tower Market: Breakup by Flow Type (in %), 2023
Figure 5: Global: Cooling Tower Market: Breakup by Design (in %), 2023
Figure 6: Global: Cooling Tower Market: Breakup by Construction Material (in %), 2023
Figure 7: Global: Cooling Tower Market: Breakup by End-User (in %), 2023
Figure 8: Global: Cooling Tower Market: Breakup by Region (in %), 2023
Figure 9: Global: Cooling Tower Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 10: Global: Cooling Tower (Open-Circuit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cooling Tower (Open-Circuit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cooling Tower (Closed-Circuit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cooling Tower (Closed-Circuit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Cooling Tower (Hybrid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Cooling Tower (Hybrid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Cooling Tower (Cross Flow) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Cooling Tower (Cross Flow) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Cooling Tower (Counter Flow) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Cooling Tower (Counter Flow) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Cooling Tower (Mechanical Draft) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Cooling Tower (Mechanical Draft) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Cooling Tower (Natural Draft) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Cooling Tower (Natural Draft) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Cooling Tower (Fiber-Reinforced Plastic-FRP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Cooling Tower (Fiber-Reinforced Plastic-FRP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Cooling Tower (Steel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Cooling Tower (Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Cooling Tower (Concrete) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Cooling Tower (Concrete) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Cooling Tower (Wood) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Cooling Tower (Wood) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Cooling Tower (High-Density Polyethylene-HDPE) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Cooling Tower (High-Density Polyethylene-HDPE) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Cooling Tower (Other Construction Materials) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Cooling Tower (Other Construction Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Cooling Tower (Chemical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Cooling Tower (Chemical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Cooling Tower (HVAC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Cooling Tower (HVAC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Cooling Tower (Petrochemicals and Oil & Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Cooling Tower (Petrochemicals and Oil & Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Cooling Tower (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Cooling Tower (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Cooling Tower (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Cooling Tower (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Cooling Tower (Other End-Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Cooling Tower (Other End-Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: North America: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: North America: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: United States: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: United States: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Canada: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Canada: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Asia Pacific: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Asia Pacific: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: China: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: China: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Japan: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Japan: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: India: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: India: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: South Korea: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: South Korea: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Australia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Australia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Indonesia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Indonesia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Europe: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Europe: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Germany: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Germany: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: France: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: France: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: United Kingdom: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: United Kingdom: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Italy: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Italy: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Spain: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Spain: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Russia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Russia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Latin America: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Latin America: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Brazil: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Brazil: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Mexico: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Mexico: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Middle East and Africa: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Middle East and Africa: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Global: Cooling Tower Industry: SWOT Analysis
Figure 97: Global: Cooling Tower Industry: Value Chain Analysis
Figure 98: Global: Cooling Tower Industry: Porter’s Five Forces Analysis
Figure 1: Global: Cooling Tower Market: Major Drivers and Challenges
Figure 2: Global: Cooling Tower Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cooling Tower Market: Breakup by Tower Type (in %), 2023
Figure 4: Global: Cooling Tower Market: Breakup by Flow Type (in %), 2023
Figure 5: Global: Cooling Tower Market: Breakup by Design (in %), 2023
Figure 6: Global: Cooling Tower Market: Breakup by Construction Material (in %), 2023
Figure 7: Global: Cooling Tower Market: Breakup by End-User (in %), 2023
Figure 8: Global: Cooling Tower Market: Breakup by Region (in %), 2023
Figure 9: Global: Cooling Tower Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 10: Global: Cooling Tower (Open-Circuit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cooling Tower (Open-Circuit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cooling Tower (Closed-Circuit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cooling Tower (Closed-Circuit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Cooling Tower (Hybrid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Cooling Tower (Hybrid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Cooling Tower (Cross Flow) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Cooling Tower (Cross Flow) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Cooling Tower (Counter Flow) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Cooling Tower (Counter Flow) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Cooling Tower (Mechanical Draft) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Cooling Tower (Mechanical Draft) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Cooling Tower (Natural Draft) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Cooling Tower (Natural Draft) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Cooling Tower (Fiber-Reinforced Plastic-FRP) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Cooling Tower (Fiber-Reinforced Plastic-FRP) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Cooling Tower (Steel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Cooling Tower (Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Cooling Tower (Concrete) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Cooling Tower (Concrete) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Cooling Tower (Wood) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Cooling Tower (Wood) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Cooling Tower (High-Density Polyethylene-HDPE) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Cooling Tower (High-Density Polyethylene-HDPE) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Cooling Tower (Other Construction Materials) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Cooling Tower (Other Construction Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Cooling Tower (Chemical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Cooling Tower (Chemical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Cooling Tower (HVAC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Cooling Tower (HVAC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Cooling Tower (Petrochemicals and Oil & Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Cooling Tower (Petrochemicals and Oil & Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Cooling Tower (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Cooling Tower (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Cooling Tower (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Cooling Tower (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Cooling Tower (Other End-Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Cooling Tower (Other End-Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: North America: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: North America: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: United States: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: United States: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Canada: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Canada: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Asia Pacific: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Asia Pacific: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: China: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: China: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Japan: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Japan: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: India: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: India: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: South Korea: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: South Korea: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Australia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Australia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Indonesia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Indonesia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Europe: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Europe: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Germany: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Germany: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: France: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: France: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: United Kingdom: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: United Kingdom: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Italy: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Italy: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Spain: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Spain: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Russia: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Russia: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Latin America: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Latin America: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Brazil: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Brazil: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Mexico: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Mexico: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Others: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Others: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Middle East and Africa: Cooling Tower Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Middle East and Africa: Cooling Tower Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Global: Cooling Tower Industry: SWOT Analysis
Figure 97: Global: Cooling Tower Industry: Value Chain Analysis
Figure 98: Global: Cooling Tower Industry: Porter’s Five Forces Analysis
