Global Liquid Heat Exchanger System Market – Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Liquid Heat Exchanger System Market By Type (Shell & Tube Heat Exchangers, Plate & Frame Heat Exchangers, Air Cooled Heat Exchangers, Cooling Towers, Others), Application (Chemical, Petrochemicals and Oil & Gas, HVACR, Food & Beverages, Power Generation & Metallurgy, Marine, Mechanical Industry, Pulp & Paper, Others), Construction Material (Carbon Steel, Stainless Steel, Nickel, Others), Graphite (Cubic Heat Exchangers, Graphite Block Heat Exchangers, Polytube Graphite Shell & Tube Block Heat Exchangers), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Liquid Heat Exchanger System Market

Global liquid heat exchanger system market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the massive industrialization activities in the developing regions of the world, along with the advancements of technology in heat exchanging systems.

Market Definition: Global Liquid Heat Exchanger System Market

Liquid heat exchangers systems are used for isolation of liquids with the help of a solid blocking wall which prevents the mixture of fluids, where the heat exchange can take place between the two fluid variants. These systems find their processing in heating as well as cooling utilizations. These systems allow for transfer of heat from a specific liquid to another without having to heat or cool both of the liquids.

Market Drivers:

  • Rapid growth in demands for the reduction of environmental impact of various industries; this factor is expected to boost the growth of the market
  • Presence of strict regulations and compliances regarding the emission of different industries; this factor is expected to propel the growth of the market
  • Increasing focus of different facilities to adopt centralized system for heating and cooling drives the growth of this market
  • Significant rise in the prices of energy and the need for reducing the energy consumption can also enhance the market growth

Market Restraints:

  • Lack of information and knowledge for the adoption of energy efficient solution in various commercial buildings hampers the market growth
  • High financial costs associated with heat exchangers is restricting the growth of the market
  • Sluggish growth of industries situated in Europe and North America region can also impede the market growth

Segmentation: Global Liquid Heat Exchanger System Market

By Type

  • Shell & Tube Heat Exchangers

    • Tubular Heat Exchangers

  • Plate & Frame Heat Exchangers

    • Gasketed Plate & Frame Heat Exchangers
    • Welded Plate & Frame Heat Exchangers
    • Brazed Heat Exchangers
    • Others

  • Air Cooled Heat Exchangers
  • Cooling Towers
  • Others

    • Extended Surface Heat Exchangers
    • Regenerative Heat Exchangers

By Application

  • Chemical

    • Fine Chemicals & Pharmaceutical

  • Petrochemicals and Oil & Gas

    • Oil & Gas Heater

  • Heating, Ventilation, Air Conditioning & Refrigeration (HVACR)
  • Food & Beverages

    • Sugar & Ethanol Production
    • Others

  • Power Generation & Metallurgy
  • Marine
  • Mechanical Industry
  • Pulp & Paper
  • Others

By Construction Material

  • Carbon Steel
  • Stainless Steel
  • Nickel
  • Others

By Graphite

  • Cubic Heat Exchangers
  • Graphite Block Heat Exchangers
  • Polytube Graphite Shell & Tube Block Heat Exchangers

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines

  • Rest of Asia-Pacific

    • South America
    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2019, ALFA LAVAL announced the launch of a new range of heat exchangers, “gas-to-liquid plate”. These equipments have been produced for meeting the demands of gas cooling and are capable of handling high levels of temperature while encountering the problem of liquid and gaseous mixtures
  • In July 2018, Godrej Process Equipment announced that they had acquired Yuba & Ecolaire brands from SPX Heat Transfer. This acquisition will help Godrej in providing complete end-to-end product solutions for the power sector, establishing them as a significant player in the market of power generation

Competitive Analysis

Global liquid heat exchanger system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid heat exchanger system market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global liquid heat exchanger system market are ALFA LAVAL; Kelvion Holding GmbH; Danfoss; SPX Cooling Technologies, Inc.; Xylem; API Heat Transfer; Güntner GmbH & Co. KG; Hisaka Works, Ltd.; Johnson Controls; HRS Heat Exchangers; IHI Corporation; FUNKE WÄRMEAUSTAUSCHER APPARATEBAU GMBH; SWEP International AB; MODINE MANUFACTURING COMPANY; Sierra S.p.A; MERSEN; Thermax Global; Koch Heat Transfer Company; Vahterus Oy; Radiant Heat Exchanger Pvt. Ltd.; Thermofin; ACCESSEN GROUP among others.

Research Methodology: Global Liquid Heat Exchanger System Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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