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Asia Pacific Shell & Tube Heat Exchanger Market Share

Report ID: GMI10735
Published Date: Aug 2024
Report Format: PDF

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Asia Pacific Shell & Tube Heat Exchanger Market Share

Asia Pacific Shell & Tube Heat Exchanger Company Market Share Analysis, 2023

Major players operating in Asia Pacific shell & tube heat exchanger industry are introducing enhanced technologies and products focusing on making strategic partnerships, alliances aiming for mergers & acquisitions to strengthen their market position for expansion and growth. Key participants including Danfoss, ALFA LAVAL, Xylem, HRS Process Systems Ltd., Kelvion Holding GmbH and Mersen Group holds a substantial position across the Asia Pacific heat exchanger industry.

Asia Pacific Shell & Tube Heat Exchanger Market Companies

Some of the major manufacturers functioning across the industry are:

API Heat Transfer
ALFA LAVAL
Comp Air Treatment System Pvt. Ltd
Danfoss
Funke Heat Exchanger Systems(Changzhou)Co.,Ltd.
Exergy LLC
HRS Process Systems Ltd.
Holtec International
KNM Group Berhad
IHI Plant Services Corporation
Kamui Viet Nam Co., Ltd.
Kinam Engineering Industries Pvt. Ltd.
Kelvion Holding GmbH
Koch Heat Transfer Company
Mersen Group
United Heat Transfer
Xylem

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

APAC market for shell & tube heat exchanger was worth over USD 2.2 billion in 2023 and will exhibit an 8.8% CAGR from 2024 to 2032, attributed to rapid industrialization and urbanization, leading to increased demand for efficient cooling and heating solutions.

APAC shell & tube heat exchanger industry from the chemical application segment will garner more than USD 1.5 billion by 2032, due to the extensive use of these systems in chemical processing and manufacturing.

China shell & tube heat exchanger industry will surpass USD 1.9 billion by 2032, fueled by rapid industrial growth and extensive investments in infrastructure and manufacturing sectors.

API Heat Transfer, ALFA LAVAL, Comp Air Treatment System Pvt. Ltd, Danfoss, Exergy LLC, HRS Process Systems Ltd., IHI Plant Services Corporation, Kinam Engineering Industries Pvt. Ltd., Kelvion Holding GmbH, Koch Heat Transfer Company, Mersen Group, United Heat Transfer, and Xylem, among others.