Plate & Frame Heat Exchangers Market size is expected to reach US$ 6.92 Bn. by 2029, at a CAGR of 6.9% during the forecast period. The global Plate & Frame Heat Exchangers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Plate & Frame Heat Exchangers Market report also provides trends by market segments, technology, and investment with a competitive landscape.Plate & Frame Heat Exchangers Market Overview:
Plate and frame heat exchangers are the fastest-growing segment in the heat exchanger market and it offers a compact and lightweight heat transfer surface.To know about the Research Methodology :- Request Free Sample Report
Plate & Frame Heat Exchangers Market Dynamics:
The plate & frame heat exchangers industry is expected to observe significant growth thanks to the mounting requirement for heat exchangers in mechanical, manufacturing, and construction purposes classifying from automotive to retail establishing heat, air-conditioning, and purifying, and HVAC purposes. Furthermore, the increasing need for thermonuclear energy copulated with the expansion of the worldwide electricity, base is held to encourage the plate & frame heat exchanger market needs. Huge funding and costing expenses act as the restraint for the market growth. The developing heat exchanger manufacturing industry in emerging marketplaces reduces the opportunity for market growth. Increased investment in the food & beverages, petrochemical, chemical, and HVACR industries and stringent environmental regulations are the major drivers prompting the growth of plate & frame heat exchangers market.Plate & Frame Heat Exchangers Market Segment Analysis:
By Type, the market is bifurcated into brazed, gasketed, and welded. Gasketed plate and frame heat exchanger held up to 56.9% of share in 2022, in terms of revenue thanks to the wide use of the product in power plants affecting the lower maintenance and compact size. Increasing gasketed heat exchanger segment demand in automotive, petrochemical, and power generation is expected to boost the product demand during the forecast period. By Application, the market is bifurcated into chemical, petrochemical, oil & gas, HVACR, food & beverage, pulp & paper, and power generation. Pulp & paper application segment account for the largest share of the market in 2022 and is expected to grow at a rapid pace during the forecast period 2023-2029. Increasing environmental concerns regarding waste discharge from the mills are expected to propel the pulp & paper segment demand during the forecast period.Plate & Frame Heat Exchangers Market Regional Insights:
Asia Pacific is dominating the Plate & Frame Heat Exchangers Market The Asia Pacific dominates the largest market in 2022 and is expected to witness significant growth during the forecast period. Nurturing attention concerning energy expenses is exacted to assist corporations to substitute cost-effective schemes in their mechanical pursuits. This compels the confirmation of effective devices for numerous energy-intensive generation methods. China is a leading plate & frame heat exchangers market in the Asia Pacific followed by India. The dominance of China attribute to the rapid growth of the chemical, food & beverages, and oil & gas industries in the country. Europe is expected to be the second-largest region of Plate & Frame Heat Exchangers Market Increasing production & demand for plate and frame heat exchangers from various end-users expected to dominate the market during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Plate & Frame Heat Exchangers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Plate & Frame Heat Exchangers market dynamics, structure by analyzing the market segments and project the Global Plate & Frame Heat Exchangers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Plate & Frame Heat Exchangers market make the report investor’s guide.Plate & Frame Heat Exchangers Market Scope: Inquire before buying
Plate & Frame Heat Exchangers Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 4.34 Bn. Forecast Period 2023 to 2029 CAGR: 6.9% Market Size in 2029: US $ 6.92 Bn. Segments Covered: by Type • Brazed • Gasketed • Welded by Application • Chemical • Petrochemical • Oil & Gas • HVACR • Food & Beverage • Pulp & Paper • Power Generation 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 (Brazil, Argentina Rest of South America) Plate & Frame Heat Exchangers Market Key Players
• Kelvion Holding GmbH • Guntner GmbH and Co. KG • Hisaka Works Ltd., HRS • Kaori Heat Treatment Co., Ltd. • SGL Group • SPX Flow • AIC • GEA Group • ALFA LAVAL • API Heat Transfer • Danfoss Group • Fischer Maschinen • Apparatebau GmbH • Armstrong Fluid Technolog • Thermax Ltd • GU and THT • Xylem • FUNKE • LS Heat Exchange • Kaori Heat Treatment Frequently Asked Questions: 1. Which region has the largest share in Global Plate & Frame Heat Exchangers Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Plate & Frame Heat Exchangers Market? Ans: The Global Plate & Frame Heat Exchangers Market is growing at a CAGR of 6.9% during forecasting period 2023-2029. 3. What is scope of the Global Plate & Frame Heat Exchangers market report? Ans: Global Plate & Frame Heat Exchangers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Plate & Frame Heat Exchangers market? Ans: The important key players in the Global Plate & Frame Heat Exchangers Market are – Kelvion Holding GmbH, Guntner GmbH and Co. KG, Hisaka Works Ltd., HRS 5. What is the study period of this market? Ans: The Global Plate & Frame Heat Exchangers Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Plate & Frame Heat Exchangers Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Plate & Frame Heat Exchangers Market 3.4. Geographical Snapshot of the Plate & Frame Heat Exchangers Market, By Manufacturer share 4. Global Plate & Frame Heat Exchangers Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Types 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Plate & Frame Heat Exchangers Market 5. Supply Side and Demand Side Indicators 6. Global Plate & Frame Heat Exchangers Market Analysis and Forecast, 2022-2029 6.1. Global Plate & Frame Heat Exchangers Market Size & Y-o-Y Growth Analysis. 7. Global Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Brazed 7.1.2. Gasketed 7.1.3. Welded 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Chemical 7.2.2. Petrochemical 7.2.3. Oil & Gas 7.2.4. HVACR 7.2.5. Food & Beverage 7.2.6. Pulp & Paper 7.2.7. Power Generation 8. Global Plate & Frame Heat Exchangers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Brazed 9.1.2. Gasketed 9.1.3. Welded 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Chemical 9.2.2. Petrochemical 9.2.3. Oil & Gas 9.2.4. HVACR 9.2.5. Food & Beverage 9.2.6. Pulp & Paper 9.2.7. Power Generation 10. North America Plate & Frame Heat Exchangers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Plate & Frame Heat Exchangers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Plate & Frame Heat Exchangers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Plate & Frame Heat Exchangers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Plate & Frame Heat Exchangers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Plate & Frame Heat Exchangers Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Plate & Frame Heat Exchangers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Type Launches and Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Kelvion Holding GmbH 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Type Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Guntner GmbH and Co. KG 45.3.3. Hisaka Works Ltd., HRS 45.3.4. Kaori Heat Treatment Co., Ltd. 45.3.5. SGL Group 45.3.6. SPX Flow 45.3.7. AIC 45.3.8. GEA Group 45.3.9. ALFA LAVAL 45.3.10. API Heat Transfer 45.3.11. Danfoss Group 45.3.12. Fischer Maschinen 45.3.13. Armstrong Fluid Technolog 45.3.14. Thermax Ltd 45.3.15. GU and THT 45.3.16. Xylem 45.3.17. FUNKE 45.3.18. LS Heat Exchange 45.3.19. Kaori Heat Treatment 46. Primary Key Insights