Cooling Tower Market is expected to reach USD 7.02 Billion at a CAGR of 3.8% during the forecast period 2030.Cooling Tower Market Introduction
The gadget is mostly used to keep the atmosphere cold in the industrial and power generating industries. Cooling towers' primary function is to remove heat and maintain a cool temperature. Cooling towers can help maintain heat control in air conditioning systems. They are used in a wide range of industries, including power production, manufacturing, HVACR, food and beverage, and others.Cooling Tower Market Dynamics
Cooling towers maximize the utilization of energy in cooling systems. However, this energy efficiency is accomplished at the price of extra water use over typical cooling systems. Furthermore, cooling towers are commonly used in power production utilities, industrial businesses, and HVAC systems, and they provide a wide range of water conservation opportunities through proper maintenance and monitoring. Cooling tower use is increasing as a result of technological developments such as integrated axial fans and enhanced heat transmission. For example, Novo Nordisk, a global pharmaceutical firm based in Kalundborg, Denmark saved about 5 million kWh per year by adding four additional cooling towers to its existing cooling tower system and streamlining insulin production procedures. As a result, these factors are expected to fuel the global cooling market's growth throughout the forecast period.To know about the Research Methodology :- Request Free Sample Report Increased GDP growth has resulted in more infrastructure construction and, as a result, more HVAC deployments. At the end of 2013, the world market saw an increase in output, with industrialized nations like as Germany, Japan, and the United States playing a large role. In addition, growing economies such as India, China, Taiwan, Singapore, and South Korea have seen consistent increases in output, which is likely to drive the global cooling towers market growth throughout the forecast period. On the other hand, environmental issues with cooling towers, such as plume and drift, are expected to hamper their development to a degree. The introduction of the plume attenuated towers and drift eliminators, on the other hand, is anticipated to alleviate these problems and promote demand for hybrid towers in the future. Over the forecast period, technological improvements that assist boost energy efficiency and lessen environmental problems connected with traditional cooling systems are likely to create new doors for industry growth. The COVID-19 pandemic has had a global impact on the industrial and energy sectors. The market was impacted by abrupt shutdowns in the industrial sectors, where the major share of cooling towers are placed, and a decrease in demand for oil and gas. Following the COVID-19 effects, the growth in industrial activities that require cooling towers, such as petroleum refineries, petrochemical plants, and other manufacturing industries, as well as stringent environmental regulations, are expected to drive the global demand for field-erected cooling towers.Cooling Tower Market Segment Analysis
In 2023, the closed-circuit type category had the biggest market share of xx %. On the other hand, hybrid towers are predicted to take a significant part of the market throughout the forecast period. The benefits of hybrid towers, such as plume abatement, water savings, and effective cooling, are attributed to this. On the other hand, the open-circuit type resulted in a considerable share in 2023 due to the excellent cooling they give. Due to environmental issues such as drift, plume, and water contamination, the segment is likely to increase steadily throughout the forecast period. Fiber-reinforced plastic (FRP), steel, concrete, wood, and High-Density Polyethylene (HDPE) are some of the materials used in cooling towers (HDPE). Due to many features such as excellent corrosion resistance, cost-effectiveness, and ease of installation, the FRP material segment accounted for the highest percentage in 2023. Steel towers, which are comprised of galvanized and stainless steel, also claimed a significant portion of the market in 2023, owing to their excellent corrosion resistance and structural strength. Following this section is the concrete material section, which is expected to develop considerably due to its extended working life.Regional Insights
In 2023, Asia Pacific had the greatest market share, accounting for more than xx% of total sales, closely followed by Europe. Furthermore, from 2024 to 2030, the region is expected to be the fastest-growing market for cooling towers, with a CAGR of over xx%. The demand for these towers in Asia Pacific is likely to be driven by the growing number of manufacturing facilities and the growth of the industrial sector. Furthermore, the Asia Pacific region's increasing emphasis on nuclear power plant building is likely to boost market demand throughout the forecast period. In the Asia-Pacific area, for example, there were around 135 operational nuclear power reactors as of September 2022. Furthermore, around 35 nuclear reactor facilities are now under construction, with plans to develop a further 60-70 nuclear reactor facilities throughout the Asia-Pacific area. As a result, the market for field-erected cooling towers is expected to grow. The European market's rise, on the other hand, maybe attributed to strict government rules surrounding the use of these towers as well as the region's growing number of heavy enterprises. The growing presence of the oil and gas sectors in the Middle East and Africa are expected to boost the market growth in the region.Cooling Tower Industry Ecosystem
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Cooling Tower Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.40 Bn. Forecast Period 2024 to 2030 CAGR: 3.8% Market Size in 2030: US $ 7.02 Bn. Segments Covered: by Type Evaporate Dry Hybrid by Technology Open-circuit Closed-circuit Hybrid by Material Fiber-Reinforced Plastic (FRP) Steel Concrete Wood High-Density Polyethylene (HDPE) by Application HVAC Power Generation Oil & Gas Industrial Food & Beverage Others Cooling Tower Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)Key Players
1. B&W SPIG (Babcock & Wilcox) 2. Baltimore Aircoil Company (BAC) 3. Cenk Industrial Plants Manufacturing and Contracting 4. Cooling Towers Systems; Inc. 5. Delta Cooling Towers 6. Engie Refrigeration GmbH 7. Hamon & CIE SA 8. Johnson Controls Inc 9. Mesan Cooling Towers Ltd 10. Bell Cooling Tower 11. Brentwood Industries Inc. 12. Enexio 13. Hamon & Cie International SA 14. Paharpur Cooling Towers 15. SPIG S.p.A 16. Star Cooling Towers Private Ltd Frequently Asked Questions: 1. Which region has the largest share in the Global Cooling Tower Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of the Global Cooling Tower Market? Ans: The Global Cooling Tower Market is expected to grow at a CAGR of 4.7% during the forecast period 2024-2030. 3. What is the scope of the Global Cooling Tower market report? Ans: Global Cooling Tower Market report helps with the PESTEL, PORTER, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in the Global Cooling Tower market? Ans: The important key players in the Global Cooling Tower Market are – B&W SPIG (Babcock & Wilcox), Baltimore Aircoil Company (BAC), Cenk Industrial Plants Manufacturing and Contracting, Cooling Towers Systems; Inc., 5. What is the study period of this market? Ans: The Global Cooling Tower Market is studied from 2023 to 2030.
1. Cooling Towers Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Cooling Towers Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.6. Market Structure 2.6.1. Market Leaders 2.6.2. Market Followers 2.6.3. Emerging Players 2.7. Consolidation of the Market 2.7.1. Strategic Initiatives and Developments 2.7.2. Mergers and Acquisitions 2.7.3. Collaborations and Partnerships 2.7.4. Product Launches and Innovations 3. Patent Analysis: 3.1.1. Top 10 Patent Holders 3.1.2. Top 10 Companies with Highest Number of Patents 3.1.3. Patent Registration Analysis 3.1.4. Number of Patents Granted Still 2024 4. Industry Ecosystem Analysis 5. Global Cooling Towers Market: Dynamics 5.1. Cooling Towers Market Trends 5.2. Cooling Towers Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Value and Supply Chain Analysis 5.4. Pricing Analysis 5.4.1. Average price of Cooling Towers, by Region 5.4.2. Average price of Cooling Towers, by Function 5.5. Regulatory Landscape 5.5.1. Regulation by Region 5.5.2. Tariff and Taxes 5.5.3. Regulatory Bodies, Government agencies, and other organizations by Region 5.6. Trade Data Analysis: 5.6.1. Import/ Export of Cooling Towers 5.6.1.1. Import Data on Cooling Towers 5.6.1.2. Export Data on Cooling Towers 6. Global Cooling Towers Market Size and Forecast by Segments (by Value USD Billion) 6.1. Global Cooling Towers Market Size and Forecast, by Type (2023-2030) 6.1.1. Evaporate 6.1.2. Dry 6.1.3. Hybrid 6.2. Global Cooling Towers Market Size and Forecast, by Technology (2023-2030) 6.2.1. Open-circuit 6.2.2. Closed-circuit 6.2.3. Hybrid 6.3. Global Cooling Towers Market Size and Forecast, by Material (2023-2030) 6.3.1. Fiber-Reinforced Plastic (FRP) 6.3.2. Steel 6.3.3. Concrete 6.3.4. Wood 6.3.5. High-Density Polyethylene (HDPE) 6.4. Global Cooling Towers Market Size and Forecast, by Application (2023-2030) 6.4.1. HVAC 6.4.2. Power Generation 6.4.3. Oil & Gas 6.4.4. Industrial 6.4.5. Food & Beverage 6.4.6. Others 6.5. Global Cooling Towers Market Size and Forecast, by Region (2023-2030) 6.5.1. North America 6.5.2. Europe 6.5.3. Asia Pacific 6.5.4. Middle East and Africa 6.5.5. South America 7. North America Global Cooling Towers Market Size and Forecast (by Value USD Billion) 7.1. North America Global Cooling Towers Market Size and Forecast, by Type (2023-2030) 7.1.1. Evaporate 7.1.2. Dry 7.1.3. Hybrid 7.2. North America Global Cooling Towers Market Size and Forecast, by Technology (2023-2030) 7.2.1. Open-circuit 7.2.2. Closed-circuit 7.2.3. Hybrid 7.3. North America Global Cooling Towers Market Size and Forecast, by Material (2023-2030) 7.3.1. Fiber-Reinforced Plastic (FRP) 7.3.2. Steel 7.3.3. Concrete 7.3.4. Wood 7.3.5. High-Density Polyethylene (HDPE) 7.4. North America Global Cooling Towers Market Size and Forecast, by Application (2023-2030) 7.4.1. HVAC 7.4.2. Power Generation 7.4.3. Oil & Gas 7.4.4. Industrial 7.4.5. Food & Beverage 7.4.6. Others 7.5. North America Global Cooling Towers Market Size and Forecast, by Country (2023-2030) 7.5.1. United States 7.5.1.1. United States Global Cooling Towers Market Size and Forecast, by Type (2023-2030) 7.5.1.1.1. Evaporate 7.5.1.1.2. Dry 7.5.1.1.3. Hybrid 7.5.1.2. United States Global Cooling Towers Market Size and Forecast, by Technology (2023-2030) 7.5.1.2.1. Open-circuit 7.5.1.2.2. Closed-circuit 7.5.1.2.3. Hybrid 7.5.1.3. United States Global Cooling Towers Market Size and Forecast, by Material (2023-2030) 7.5.1.3.1. Fiber-Reinforced Plastic (FRP) 7.5.1.3.2. Steel 7.5.1.3.3. Concrete 7.5.1.3.4. Wood 7.5.1.3.5. High-Density Polyethylene (HDPE) 7.5.1.4. United States Global Cooling Towers Market Size and Forecast, by Application (2023-2030) 7.5.1.4.1. HVAC 7.5.1.4.2. Power Generation 7.5.1.4.3. Oil & Gas 7.5.1.4.4. Industrial 7.5.1.4.5. Food & Beverage 7.5.1.4.6. Others 7.5.1.5. Canada 7.5.1.6. Canada Global Cooling Towers Market Size and Forecast, by Type (2023-2030) 7.5.1.6.1. Evaporate 7.5.1.6.2. Dry 7.5.1.6.3. Hybrid 7.5.1.7. Canada Global Cooling Towers Market Size and Forecast, by Technology (2023-2030) 7.5.1.7.1. Open-circuit 7.5.1.7.2. Closed-circuit 7.5.1.7.3. Hybrid 7.5.1.8. Canada Global Cooling Towers Market Size and Forecast, by Material (2023-2030) 7.5.1.8.1. Fiber-Reinforced Plastic (FRP) 7.5.1.8.2. Steel 7.5.1.8.3. Concrete 7.5.1.8.4. Wood 7.5.1.8.5. High-Density Polyethylene (HDPE) 7.5.1.9. Canada Global Cooling Towers Market Size and Forecast, by Application (2023-2030) 7.5.1.9.1. HVAC 7.5.1.9.2. Power Generation 7.5.1.9.3. Oil & Gas 7.5.1.9.4. Industrial 7.5.1.9.5. Food & Beverage 7.5.1.9.6. Others 7.5.1.10. Mexico 7.5.1.11. Mexico Global Cooling Towers Market Size and Forecast, by Type (2023-2030) 7.5.1.11.1. Evaporate 7.5.1.11.2. Dry 7.5.1.11.3. Hybrid 7.5.1.12. Mexico Global Cooling Towers Market Size and Forecast, by Technology (2023-2030) 7.5.1.12.1. Open-circuit 7.5.1.12.2. Closed-circuit 7.5.1.12.3. Hybrid 7.5.1.13. Mexico Global Cooling Towers Market Size and Forecast, by Material (2023-2030) 7.5.1.13.1. Fiber-Reinforced Plastic (FRP) 7.5.1.13.2. Steel 7.5.1.13.3. Concrete 7.5.1.13.4. Wood 7.5.1.13.5. High-Density Polyethylene (HDPE) 7.5.1.14. Mexico Global Cooling Towers Market Size and Forecast, by Application (2023-2030) 7.5.1.14.1. HVAC 7.5.1.14.2. Power Generation 7.5.1.14.3. Oil & Gas 7.5.1.14.4. Industrial 7.5.1.14.5. Food & Beverage 7.5.1.14.6. Others 8. Europe Cooling Towers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Europe Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.2. Europe Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.3. Europe Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.4. Europe Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5. Europe Cooling Towers Market Size and Forecast, by Country (2023-2030) 8.5.1. United Kingdom 8.5.1.1. United Kingdom Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.1.2. United States Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.1.3. United Kingdom Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.1.4. United Kingdom Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.2. France 8.5.2.1. France Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.2.2. France Towers Market Size and Forecast, by Technology (2023-2030) 8.5.2.3. France Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.2.4. France Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.3. Germany 8.5.3.1. Germany Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.3.2. Germany Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.3.3. Germany Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.3.4. Germany Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.4. Italy 8.5.4.1. Italy Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.4.2. Italy Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.4.3. Italy Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.4.4. Italy Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.5. Spain 8.5.5.1. Spain Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.5.2. Spain Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.5.3. Spain Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.5.4. Spain Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.6. Sweden 8.5.6.1. Sweden Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.6.2. Sweden Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.6.3. Sweden Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.6.4. Sweden Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.7. Austria 8.5.7.1. Austria Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.7.2. Austria Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.7.3. Austria Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.7.4. Austria Cooling Towers Market Size and Forecast, by Application (2023-2030) 8.5.8. Rest of Europe 8.5.8.1. Rest of Europe Cooling Towers Market Size and Forecast, by Type (2023-2030) 8.5.8.2. Rest of Europe Cooling Towers Market Size and Forecast, by Technology (2023-2030) 8.5.8.3. 8.5.8.4. Rest of Europe Cooling Towers Market Size and Forecast, by Material (2023-2030) 8.5.8.5. Rest of Europe Cooling Towers Market Size and Forecast, by Application (2023-2030) 9. Asia Pacific Cooling Towers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. Asia Pacific Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.2. Asia Pacific Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.3. Asia Pacific Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.4. Asia Pacific Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5. Asia Pacific Cooling Towers Market Size and Forecast, by Country (2023-2030) 9.5.1. China 9.5.1.1. China Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.1.2. China Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.1.3. China Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.1.4. China Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.2. S Korea 9.5.2.1. S Korea Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.2.2. S Korea Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.2.3. S Korea Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.2.4. S Korea Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.3. Japan 9.5.3.1. Japan Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.3.2. Japan Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.3.3. Japan Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.3.4. Japan Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.4. India 9.5.4.1. India Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.4.2. India Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.4.3. India Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.4.4. India Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.5. Australia 9.5.5.1. Australia Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.5.2. Australia Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.5.3. Australia Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.5.4. Australia Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.6. Indonesia 9.5.6.1. Indonesia Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.6.2. Indonesia Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.6.3. Indonesia Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.6.4. Indonesia Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.7. Malaysia 9.5.7.1. Malaysia Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.7.2. Malaysia Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.7.3. Malaysia Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.7.4. Malaysia Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.8. Vietnam 9.5.8.1. Vietnam Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.8.2. Vietnam Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.8.3. Vietnam Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.8.4. Vietnam Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.9. Taiwan 9.5.9.1. Taiwan Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.9.2. Taiwan Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.9.3. Taiwan Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.9.4. Taiwan Cooling Towers Market Size and Forecast, by Application (2023-2030) 9.5.10. Rest of Asia Pacific 9.5.10.1. Rest of Asia Pacific Cooling Towers Market Size and Forecast, by Type (2023-2030) 9.5.10.2. Rest of Asia Pacific Cooling Towers Market Size and Forecast, by Technology (2023-2030) 9.5.10.3. Rest of Asia Pacific Cooling Towers Market Size and Forecast, by Material (2023-2030) 9.5.10.4. Rest of Asia Pacific Cooling Towers Market Size and Forecast, by Application (2023-2030) 10. South America Cooling Towers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 10.1. South America Cooling Towers Market Size and Forecast, by Type (2023-2030) 10.2. South America Cooling Towers Market Size and Forecast, by Technology (2023-2030) 10.3. South America Cooling Towers Market Size and Forecast, by Material (2023-2030) 10.4. South America Cooling Towers Market Size and Forecast, by Application (2023-2030) 10.5. South America Cooling Towers Market Size and Forecast, by Country (2023-2030) 10.5.1. Brazil 10.5.1.1. Brazil Cooling Towers Market Size and Forecast, by Type (2023-2030) 10.5.1.2. Brazil Cooling Towers Market Size and Forecast, by Technology (2023-2030) 10.5.1.3. Brazil Cooling Towers Market Size and Forecast, by Material (2023-2030) 10.5.1.4. Brazil Cooling Towers Market Size and Forecast, by Application (2023-2030) 10.5.2. Argentina 10.5.2.1. Argentina Cooling Towers Market Size and Forecast, by Type (2023-2030) 10.5.2.2. Argentina Cooling Towers Market Size and Forecast, by Technology (2023-2030) 10.5.2.3. Argentina Cooling Towers Market Size and Forecast, by Material (2023-2030) 10.5.2.4. Argentina Cooling Towers Market Size and Forecast, by Application (2023-2030) 10.5.3. Rest Of South America 10.5.3.1. Rest of South America Cooling Towers Market Size and Forecast, by Type (2023-2030) 10.5.3.2. Rest of South America Cooling Towers Market Size and Forecast, by Technology (2023-2030) 10.5.3.3. Rest of South America Cooling Towers Market Size and Material, by Material (2023-2030) 10.5.3.4. Rest of South America Cooling Towers Market Size and Forecast, by Application (2023-2030) 11. Company Profile: Key players 11.1. Cooling Towers Systems, Inc. 11.1.1. Financial Overview 11.1.2. Business Portfolio 11.1.3. SWOT Analysis 11.1.4. Business Strategy 11.1.5. Recent Developments 11.2. B&W SPIG (Babcock & Wilcox) 11.3. Baltimore Aircoil Company (BAC) 11.4. Cenk Industrial Plants Manufacturing and Contracting 11.5. Delta Cooling Towers 6. Engie Refrigeration GmbH 11.6. Hamon & CIE SA 8. Johnson Controls Inc 11.7. Mesan Cooling Towers Ltd 10. Bell Cooling Tower 11.8. Brentwood Industries Inc. 11.9. Enexio 11.10. Hamon & Cie International SA 11.11. Paharpur Cooling Towers 11.12. SPIG S.p.A 11.13. Star Cooling Towers Private Ltd 11.14. Others 12. Key Findings 13. Industry Recommendations 14. Global Cooling Towers Market: Research Methodology