Heat Exchanger Market: Global Market Size, Forecast, Insights, and Competitive Landscape

The global heat exchanger market is expected to grow at a CAGR of around 6.8% during 2022-2028. This report on global heat exchanger market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global heat exchanger market by segmenting the market based on type, material, end use and region. Also, detailed profiles of companies operating in the heat exchanger market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Government Initiatives
• Growing Technological Advancements

Market Challenges

• Fluctuating Raw Material Costs
• High Energy Utilisation for Manufacturing

Historical & Forecast Period

Base Year: 2021
Historical Period: 2017-2021
Forecast Period: 2022-2028

Market by Type

• Shell & Tube
• Plate & Frame
• Air Cooled
• Others

Market by Material

• Carbon Steel
• Stainless Steel
• Nickel
• Others

Market by End-Use Industry

• Chemical
• Petrochemical and Oil & Gas
• HVAC and Refrigeration
• Food & Beverage
• Power Generation
• Paper & Pulp
• Others

Market by Region

• Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • United Arab Emirates
  • Rest of Middle East & Africa

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Heat Exchanger Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Heat Exchanger Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. Global Heat Exchanger Market by Type
5.1. Introduction
5.2. Shell & Tube
5.3. Plate & Frame
5.4. Air Cooled
5.5. Others
6. Global Heat Exchanger Market by Material
6.1 Introduction
6.2 Carbon Steel
6.3 Stainless Steel
6.4 Nickel
6.5 Others
7. Global Heat Exchanger Market by End-Use Industry
7.1 Introduction
7.2 Chemical
7.3 Petrochemical and Oil & Gas
7.4 HVAC and Refrigeration
7.5 Food & Beverage
7.6 Power Generation
7.8 Paper & Pulp
7.9 Others
8. Global Heat Exchanger Market by Region
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Russia
8.2.7 Netherlands
8.2.8 Rest of the Europe
8.3 North America
8.3.1 United States
8.3.2 Canada
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Indonesia
8.4.7 Rest of the Asia Pacific
8.5 Latin America
8.5.1 Mexico
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Turkey
8.6.2 Iran
8.6.3 United Arab Emirates
8.6.4 Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 Alfa Laval
12.2.2 API Heat Transfer Inc.
12.2.3 Danfoss
12.2.4 General Electric Company
12.2.5 Hisaka Works
12.2.6 IHI Corporation
12.2.7 Johnson Controls
12.2.8 Kelvion Holding GmbH
12.2.9 Koch Industries
12.2.10 Lytron Inc.
12.2.11 Mersen
12.2.12 Modine Manufacturing
12.2.13 Royal Hydraulics
12.2.14 Sondex A/S
12.2.15 Xylem Inc.

List of Figures

Figure 1: Global Heat Exchanger Market (in US$ Million), 2017-2021
Figure 2: Global Heat Exchanger Market by Type, 2021
Figure 3: Global Heat Exchanger Market by Material, 2021
Figure 4: Global Heat Exchanger Market by End User, 2021
Figure 5: Global Heat Exchanger Market by Region, 2021
Figure 6: Global Heat Exchanger Market (in US$ Million), 2022-2028
Figure 7: Global Heat Exchanger Market by Type (in %), 2021 & 2028
Figure 8: Global Shell and Tube Heat Exchanger Market (in US$ Million), 2017-2021
Figure 9: Global Shell and Tube Heat Exchanger Market (in US$ Million), 2022-2028
Figure 10: Global Plate & Frame Heat Exchanger Market (in US$ Million), 2017-2021
Figure 11: Global Plate & Frame Heat Exchanger Market (in US$ Million), 2022-2028
Figure 12: Global Air Cooled Heat Exchanger Market (in US$ Million), 2017-2021
Figure 13: Global Air Cooled Heat Exchanger Market (in US$ Million), 2022-2028
Figure 14: Global Other Heat Exchanger Market (in US$ Million), 2017-2021
Figure 15: Global Other Heat Exchanger Market (in US$ Million), 2022-2028
Figure 16: Global Heat Exchanger Market by Material (in %), 2021 & 2028
Figure 17: Global Carbon Steel Heat Exchanger Market (in US$ Million), 2017-2021
Figure 18: Global Carbon Steel Heat Exchanger Market (in US$ Million), 2022-2028
Figure 19: Global Stainless Steel Heat Exchanger Market (in US$ Million), 2017-2021
Figure 20: Global Stainless Steel Heat Exchanger Market (in US$ Million), 2022-2028
Figure 21: Global Nickel Heat Exchanger Market (in US$ Million), 2017-2021
Figure 22: Global Nickel Heat Exchanger Market (in US$ Million), 2022-2028
Figure 23: Global Other Material Heat Exchanger Market (in US$ Million), 2017-2021
Figure 24: Global Other Material Heat Exchanger Market (in US$ Million), 2022-2028
Figure 25: Global Heat Exchanger Market by End Use (in %), 2021 & 2028
Figure 26: Global Chemical Heat Exchanger Market (in US$ Million), 2017-2021
Figure 27: Global Chemical Heat Exchanger Market (in US$ Million), 2022-2028
Figure 28: Global Petrochemical and Oil & Gas Heat Exchanger Market (in US$ Million), 2017-2021
Figure 29: Global Petrochemical and Oil & Gas Heat Exchanger Market (in US$ Million), 2022-2028
Figure 30: Global HVAC and Refrigeration Heat Exchanger Market (in US$ Million), 2017-2021
Figure 31: Global HVAC and Refrigeration Heat Exchanger Market (in US$ Million), 2022-2028
Figure 32: Global Rear Quarter Glass Heat Exchanger Market (in US$ Million), 2017-2021
Figure 33: Global Rear Quarter Glass Heat Exchanger Market (in US$ Million), 2022-2028
Figure 34: Global Food & Beverage Heat Exchanger Market (in US$ Million), 2017-2021
Figure 35: Global Food & Beverage Heat Exchanger Market (in US$ Million), 2022-2028
Figure 36: Global Power Generation Mirror Heat Exchanger Market (in US$ Million), 2017-2021
Figure 37: Global Power Generation Mirror Heat Exchanger Market (in US$ Million), 2022-2028
Figure 38: Global Paper & Pulp Heat Exchanger Market (in US$ Million), 2017-2021
Figure 39: Global Paper & Pulp Heat Exchanger Market (in US$ Million), 2022-2028
Figure 40: Global Other Applications Heat Exchanger Market (in US$ Million), 2017-2021
Figure 41: Global Other Applications Heat Exchanger Market (in US$ Million), 2022-2028
Figure 42: Global Heat Exchanger Market by Region (in %), 2021 & 2028
Figure 43: Europe Heat Exchanger Market (in US$ Million), 2017-2021
Figure 44: Europe Heat Exchanger Market (in US$ Million), 2022-2028
Figure 45: Europe Heat Exchanger Market by Country (in %), 2021 & 2028
Figure 46: Germany Heat Exchanger Market (in US$ Million), 2017-2028
Figure 47: United Kingdom Heat Exchanger Market (in US$ Million), 2017-2028
Figure 48: France Heat Exchanger Market (in US$ Million), 2017-2028
Figure 49: Italy Heat Exchanger Market (in US$ Million), 2017-2028
Figure 50: Spain Heat Exchanger Market (in US$ Million), 2017-2028
Figure 51: Russia Heat Exchanger Market (in US$ Million), 2017-2028
Figure 52: Netherlands Heat Exchanger Market (in US$ Million), 2017-2028
Figure 53: North America Heat Exchanger Market (in US$ Million), 2017-2021
Figure 54: North America Heat Exchanger Market (in US$ Million), 2022-2028
Figure 55: North America Heat Exchanger Market by Country (in %), 2021 & 2028
Figure 56: United States Heat Exchanger Market (in US$ Million), 2017-2028
Figure 57: Canada Heat Exchanger Market (in US$ Million), 2017-2028
Figure 58: Asia Pacific Heat Exchanger Market (in US$ Million), 2017-2021
Figure 59: Asia Pacific Heat Exchanger Market (in US$ Million), 2022-2028
Figure 60: Asia Pacific Heat Exchanger Market by Country (in %), 2021 & 2028
Figure 61: China Heat Exchanger Market (in US$ Million), 2017-2028
Figure 62: Japan Heat Exchanger Market (in US$ Million), 2017-2028
Figure 63: India Heat Exchanger Market (in US$ Million), 2017-2028
Figure 64: South Korea Heat Exchanger Market (in US$ Million), 2017-2028
Figure 65: Australia Heat Exchanger Market (in US$ Million), 2017-2028
Figure 66: Indonesia Heat Exchanger Market (in US$ Million), 2017-2028
Figure 67: Latin America Heat Exchanger Market (in US$ Million), 2017-2021
Figure 68: Latin America Heat Exchanger Market (in US$ Million), 2022-2028
Figure 69: Latin America Heat Exchanger Market by Country (in %), 2021 & 2028
Figure 70: Mexico Heat Exchanger Market (in US$ Million), 2017-2028
Figure 71: Brazil Heat Exchanger Market (in US$ Million), 2017-2028
Figure 72: Argentina Heat Exchanger Market (in US$ Million), 2017-2028
Figure 73: Middle East & Africa Heat Exchanger Market (in US$ Million), 2017-2021
Figure 74: Middle East & Africa Heat Exchanger Market (in US$ Million), 2022-2028
Figure 75: Middle East & Africa Heat Exchanger Market by Country (in %), 2021 & 2028
Figure 76: Saudi Arabia Heat Exchanger Market (in US$ Million), 2017-2028
Figure 77: Turkey Heat Exchanger Market (in US$ Million), 2017-2028
Figure 78: Iran Heat Exchanger Market (in US$ Million), 2017-2028
Figure 79: UAE Heat Exchanger Market (in US$ Million), 2017-2028
Figure 80: Market Value Chain

List of Tables

Table 1: Global Heat Exchanger Market Portraiture
Table 2: Global Heat Exchanger Market by Type (in US$ Million), 2021 & 2028
Table 3: Global Heat Exchanger Market by Material (in US$ Million), 2021 & 2028
Table 4: Global Heat Exchanger Market by End Use Industry (in US$ Million), 2021 & 2028
Table 5: Global Heat Exchanger Market by Region (in US$ Million), 2021 & 2028
Table 6: Europe Heat Exchanger Market by Country (in US$ Million), 2021 & 2028
Table 7: North America Heat Exchanger Market by Country (in US$ Million), 2021 & 2028
Table 8: Asia Pacific Heat Exchanger Market by Country (in US$ Million), 2021 & 2028
Table 9: Latin America Heat Exchanger Market by Country (in US$ Million), 2021 & 2028
Table 10: Middle East & Africa Heat Exchanger Market by Country (in US$ Million), 2021 & 2028
Table 11: List of Key Players