Global Heat Exchangers Market Key Trends (2017-2024)_ By Type, Application, and Geography

Global Heat Exchangers Market Key Trends

Heat exchanger is an equipment use to transfer heat energy between a solid object and a fluid, from liquid to liquids and between solid particulates and a fluid, at different temperatures and in thermal contact.The global heat exchangers market based on type has been segmented into shell & tube, air cooled, plate & frame and others. The shell & tube type heat exchanger segment is one of the major contributors for the market growth during the forecast period. Heat exchangers are widely accepted equipment owing to its eco-friendly and energy-efficient properties.The heat exchangers market based on applications has been segmented into chemical, HVACR, petrochemical and oil & gas, food & beverage, paper & pulp, power generation and others.

Global Heat Exchangers Market is expected to reach USD 26.55 Billion by 2024 from USD 13.93 Billion in 2016 at a CAGR of 8.4%

Global Heat Exchangers Market Key Trends, by Type:

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

Global Heat Exchangers Market Key Trends, by Application:

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

Global Heat Exchangers Market Key Trends, by Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Global Heat Exchangers Market : Industry Analysis and Forecast 2024

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