South & Central America Brazed Plate Heat Exchangers Market Forecast to 2030 - Regional Analysis - by Product (Single Circuit and Multi Circuit), Application (Condenser, Economizer, Evaporator, and Others), and End-Use Industry (HVACR, Chemical, Food & Beverage, Power, Heavy Industries, IT & Telecommunication, and Others)
The South & Central America brazed plate heat exchangers market was valued at US$ 56.56 million in 2022 and is expected to reach US$ 94.87 million by 2030; it is estimated to register a CAGR of 6.7% from 2022 to 2030.
Increasing Adoption of New Technologies Fuels South & Central America Brazed Plate Heat Exchangers Market
New technologies are creating new applications for brazed plate heat exchangers, making brazed plate heat exchangers more efficient and reliable. For example, brazed plate heat exchangers are being used in new types of energy storage systems and to recycle waste heat from industrial processes. Also, new brazing materials and manufacturing processes are making it possible to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. Brazed plate heat exchangers are being used in thermal batteries, phase change material (PCM) storage systems, and other new types of energy storage systems. These energy storage systems can store heat or cold energy for later use, which can help to enhance energy efficiency and reduce energy costs. They are used to recycle waste heat from industrial processes. This waste heat can be used to generate electricity, heat buildings, or provide hot water for industrial processes. New brazing materials and manufacturing processes are making it easy to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. It is creating new opportunities for brazed plate heat exchangers in various industries, such as power generation, oil & gas, and petrochemicals. New technologies are creating applications for brazed plate heat exchangers, making them more efficient, reliable, and affordable. Thus, the increasing adoption of new technologies is likely to create a major opportunity for the brazed plate heat exchanger market in the coming years.
South & Central America Brazed Plate Heat Exchangers Market Overview
South & Central America is known for its well-established agricultural and food production. As urbanization accelerates and the population grows, the demand for processed and frozen foods increases. Many countries in South America export agricultural products, including fruits, vegetables, seafood, and meat. Industrial refrigeration equipment is essential for preserving these perishable products' freshness, quality, and safety throughout the supply chain. Efficient industrial refrigeration systems are necessary to meet international standards and ensure product quality during transport. According to Encyclopedia Britannica, Inc., South America's major exports are mostly primary commodities, including foodstuffs and fuels, plant products, and raw materials. The primary commodities are sugar, beef, bananas, cocoa, coffee, tobacco, corn, and wheat. Also, consumers are becoming more health-conscious and refraining from processed foods. This trend of fresh fruits and meat is driving the demand for refrigerated storage and display solutions in supermarkets, convenience stores, and food service outlets, which is propelling the growth of the market in the region.
South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Brazed Plate Heat Exchangers Market Segmentation
The South & Central America brazed plate heat exchangers market is categorized into product, application, end-use industry, and country.
Based on product, the South & Central America brazed plate heat exchangers market is bifurcated into single circuit and multi circuit. The multi circuit segment held a larger market share in 2022.
In terms of application, the South & Central America brazed plate heat exchangers market is segmented into condenser, economizer, evaporator, and others. The evaporator segment held the largest market share in 2022.
By end-use industry, the South & Central America brazed plate heat exchangers market is segmented into HVACR, chemical, food & beverage, power, heavy industries, IT & telecommunication, others. The HVACR segment held the largest market share in 2022.
By country, the South & Central America brazed plate heat exchangers market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America brazed plate heat exchangers market share in 2022.
Alfa Laval AB, Chart Industries Inc, Danfoss AS, Paul Mueller Co, and Xylem Inc are among the leading companies operating in the South & Central America brazed plate heat exchangers market.
Increasing Adoption of New Technologies Fuels South & Central America Brazed Plate Heat Exchangers Market
New technologies are creating new applications for brazed plate heat exchangers, making brazed plate heat exchangers more efficient and reliable. For example, brazed plate heat exchangers are being used in new types of energy storage systems and to recycle waste heat from industrial processes. Also, new brazing materials and manufacturing processes are making it possible to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. Brazed plate heat exchangers are being used in thermal batteries, phase change material (PCM) storage systems, and other new types of energy storage systems. These energy storage systems can store heat or cold energy for later use, which can help to enhance energy efficiency and reduce energy costs. They are used to recycle waste heat from industrial processes. This waste heat can be used to generate electricity, heat buildings, or provide hot water for industrial processes. New brazing materials and manufacturing processes are making it easy to develop brazed plate heat exchangers that can withstand higher temperatures and pressures. It is creating new opportunities for brazed plate heat exchangers in various industries, such as power generation, oil & gas, and petrochemicals. New technologies are creating applications for brazed plate heat exchangers, making them more efficient, reliable, and affordable. Thus, the increasing adoption of new technologies is likely to create a major opportunity for the brazed plate heat exchanger market in the coming years.
South & Central America Brazed Plate Heat Exchangers Market Overview
South & Central America is known for its well-established agricultural and food production. As urbanization accelerates and the population grows, the demand for processed and frozen foods increases. Many countries in South America export agricultural products, including fruits, vegetables, seafood, and meat. Industrial refrigeration equipment is essential for preserving these perishable products' freshness, quality, and safety throughout the supply chain. Efficient industrial refrigeration systems are necessary to meet international standards and ensure product quality during transport. According to Encyclopedia Britannica, Inc., South America's major exports are mostly primary commodities, including foodstuffs and fuels, plant products, and raw materials. The primary commodities are sugar, beef, bananas, cocoa, coffee, tobacco, corn, and wheat. Also, consumers are becoming more health-conscious and refraining from processed foods. This trend of fresh fruits and meat is driving the demand for refrigerated storage and display solutions in supermarkets, convenience stores, and food service outlets, which is propelling the growth of the market in the region.
South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Brazed Plate Heat Exchangers Market Segmentation
The South & Central America brazed plate heat exchangers market is categorized into product, application, end-use industry, and country.
Based on product, the South & Central America brazed plate heat exchangers market is bifurcated into single circuit and multi circuit. The multi circuit segment held a larger market share in 2022.
In terms of application, the South & Central America brazed plate heat exchangers market is segmented into condenser, economizer, evaporator, and others. The evaporator segment held the largest market share in 2022.
By end-use industry, the South & Central America brazed plate heat exchangers market is segmented into HVACR, chemical, food & beverage, power, heavy industries, IT & telecommunication, others. The HVACR segment held the largest market share in 2022.
By country, the South & Central America brazed plate heat exchangers market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America brazed plate heat exchangers market share in 2022.
Alfa Laval AB, Chart Industries Inc, Danfoss AS, Paul Mueller Co, and Xylem Inc are among the leading companies operating in the South & Central America brazed plate heat exchangers market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. BRAZED PLATE HEAT EXCHANGERS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-User Industries:
4.2.5 List of Vendors in the Value Chain:
5. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET - KEY MARKET DYNAMICS
5.1 South & Central America Brazed Plate Heat Exchangers Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Pharmaceutical Industry
5.2.2 Increasing Usage of Brazed Plate Heat Exchangers in HVACR Industry
5.2.3 Growth in Number of Renewable Energy Projects
5.3 Market Restraints
5.3.1 Limited Availability of Skilled Technicians
5.3.2 Risk of Corrosion
5.4 Market Opportunities
5.4.1 Increasing Adoption of New Technologies
5.4.2 Increasing Government Initiatives for Energy Efficiency
5.5 Future Trends
5.5.1 Increasing Focus on Compact and Lightweight Designs
5.6 Impact of Drivers and Restraints:
6. BRAZED PLATE HEAT EXCHANGERS MARKET - SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 South & Central America Brazed Plate Heat Exchangers Market Revenue (US$ Million), 2020 - 2030
6.2 South & Central America Brazed Plate Heat Exchangers Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - PRODUCT
7.1 Single Circuit
7.1.1 Overview
7.1.2 Single Circuit Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Multi Circuit
7.2.1 Overview
7.2.2 Multi Circuit Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - APPLICATION
8.1 Condenser
8.1.1 Overview
8.1.2 Condenser Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Economizer
8.2.1 Overview
8.2.2 Economizer Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Evaporator
8.3.1 Overview
8.3.2 Evaporator Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - END-USE INDUSTRY
9.1 HVACR
9.1.1 Overview
9.1.2 HVACR Market, Revenue and Forecast to 2030 (US$ Million)
9.1.3 Key Suppliers
9.1.4 Key End Users
9.2 Chemical
9.2.1 Overview
9.2.2 Chemical Market, Revenue and Forecast to 2030 (US$ Million)
9.2.3 Key Suppliers
9.2.4 Key End Users
9.3 Food & Beverage
9.3.1 Overview
9.3.2 Food & Beverage Market, Revenue and Forecast to 2030 (US$ Million)
9.3.3 Key Suppliers
9.3.4 Key End Users
9.4 Power
9.4.1 Overview
9.4.2 Power Market, Revenue and Forecast to 2030 (US$ Million)
9.4.3 Key Suppliers
9.4.4 Key End Users
9.5 Heavy Industries
9.5.1 Overview
9.5.2 Heavy Industries Market, Revenue and Forecast to 2030 (US$ Million)
9.5.3 Key Suppliers
9.5.4 Key End Users
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 IT & Telecommunication Market, Revenue and Forecast to 2030 (US$ Million)
9.6.3 Key Suppliers
9.6.4 Key End Users
9.7 Others
9.7.1 Overview
9.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9.7.3 Key Suppliers
9.7.4 Key End Users
10. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET - COUNTRY ANALYSIS
10.1 South & Central America
10.1.1 South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis - By Country
10.1.1.1 South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis - By Country
10.1.1.2 Brazil Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Brazil Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.2.2 Brazil Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.2.3 Brazil Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.1.3 Argentina Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Argentina Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.3.2 Argentina Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.3.3 Argentina Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.1.4 Rest of South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.4.2 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.4.3 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
11. INDUSTRY LANDSCAPE
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. COMPANY PROFILES
12.1 Alfa Laval AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Chart Industries Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Danfoss AS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Paul Mueller Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Xylem Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. APPENDIX
13.1 Word Index
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. BRAZED PLATE HEAT EXCHANGERS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-User Industries:
4.2.5 List of Vendors in the Value Chain:
5. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET - KEY MARKET DYNAMICS
5.1 South & Central America Brazed Plate Heat Exchangers Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Pharmaceutical Industry
5.2.2 Increasing Usage of Brazed Plate Heat Exchangers in HVACR Industry
5.2.3 Growth in Number of Renewable Energy Projects
5.3 Market Restraints
5.3.1 Limited Availability of Skilled Technicians
5.3.2 Risk of Corrosion
5.4 Market Opportunities
5.4.1 Increasing Adoption of New Technologies
5.4.2 Increasing Government Initiatives for Energy Efficiency
5.5 Future Trends
5.5.1 Increasing Focus on Compact and Lightweight Designs
5.6 Impact of Drivers and Restraints:
6. BRAZED PLATE HEAT EXCHANGERS MARKET - SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 South & Central America Brazed Plate Heat Exchangers Market Revenue (US$ Million), 2020 - 2030
6.2 South & Central America Brazed Plate Heat Exchangers Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - PRODUCT
7.1 Single Circuit
7.1.1 Overview
7.1.2 Single Circuit Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Multi Circuit
7.2.1 Overview
7.2.2 Multi Circuit Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - APPLICATION
8.1 Condenser
8.1.1 Overview
8.1.2 Condenser Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Economizer
8.2.1 Overview
8.2.2 Economizer Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Evaporator
8.3.1 Overview
8.3.2 Evaporator Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET ANALYSIS - END-USE INDUSTRY
9.1 HVACR
9.1.1 Overview
9.1.2 HVACR Market, Revenue and Forecast to 2030 (US$ Million)
9.1.3 Key Suppliers
9.1.4 Key End Users
9.2 Chemical
9.2.1 Overview
9.2.2 Chemical Market, Revenue and Forecast to 2030 (US$ Million)
9.2.3 Key Suppliers
9.2.4 Key End Users
9.3 Food & Beverage
9.3.1 Overview
9.3.2 Food & Beverage Market, Revenue and Forecast to 2030 (US$ Million)
9.3.3 Key Suppliers
9.3.4 Key End Users
9.4 Power
9.4.1 Overview
9.4.2 Power Market, Revenue and Forecast to 2030 (US$ Million)
9.4.3 Key Suppliers
9.4.4 Key End Users
9.5 Heavy Industries
9.5.1 Overview
9.5.2 Heavy Industries Market, Revenue and Forecast to 2030 (US$ Million)
9.5.3 Key Suppliers
9.5.4 Key End Users
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 IT & Telecommunication Market, Revenue and Forecast to 2030 (US$ Million)
9.6.3 Key Suppliers
9.6.4 Key End Users
9.7 Others
9.7.1 Overview
9.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9.7.3 Key Suppliers
9.7.4 Key End Users
10. SOUTH & CENTRAL AMERICA BRAZED PLATE HEAT EXCHANGERS MARKET - COUNTRY ANALYSIS
10.1 South & Central America
10.1.1 South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis - By Country
10.1.1.1 South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts and Analysis - By Country
10.1.1.2 Brazil Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Brazil Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.2.2 Brazil Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.2.3 Brazil Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.1.3 Argentina Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Argentina Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.3.2 Argentina Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.3.3 Argentina Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
10.1.1.4 Rest of South & Central America Brazed Plate Heat Exchangers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by Product
10.1.1.4.2 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by Application
10.1.1.4.3 Rest of South & Central America Brazed Plate Heat Exchangers Market Breakdown, by End-Use Industry
11. INDUSTRY LANDSCAPE
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. COMPANY PROFILES
12.1 Alfa Laval AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Chart Industries Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Danfoss AS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Paul Mueller Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Xylem Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. APPENDIX
13.1 Word Index