Home > Industrial Machinery > Industrial Equipment > Heat Exchangers > Europe Plate Heat Exchanger Market
Europe Plate Heat Exchanger Market size was estimated at USD 1.7 billion in 2023 and is projected to achieve a growth rate of 7.8% from 2024 to 2032. European and international authorities are increasingly introducing regulatory norms aimed at boosting energy efficiency to combat climate change and reduce carbon emissions, aligning with global sustainability goals.
For instance, in June 2024, World Bank introduced its decade long initiative called Scaling Up Energy Efficiency in Europe and Central Asia Program to safeguard clean, secure, and cost-effective energy delivery across the regional nations. The E3 program is anticipated to conserve over 63 terawatt hours (TWh) of energy while reducing the carbon footprint by 18.7 million metric tons with the funding of about USSD 3.86 billion during its lifetime.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Europe Plate Heat Exchanger Market Size in 2023: | USD 1.7 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 7.8% |
2032 Value Projection: | USD 3.3 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 70 |
Tables, Charts & Figures: | 10 |
Segments covered: | Application and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|