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Industrial Heat Exchanger Market Share

Report ID: GMI11369
Published Date: Sep 2024
Report Format: PDF

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Industrial Heat Exchanger Market Share

Global Industrial Heat Exchangers Market Share Analysis, 2023

Industrial heat exchanger industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Alfa Laval, GEA Group, SPX Flow, Mersen, Shell & Tube Heat Exchangers (STHE), Chart Industries, API Heat Transfer, Hamon & Cie collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Industrial Heat Exchanger Market Companies

Major players operating in the industrial heat exchanger industry are:

Alfa Laval
API Heat Transfer
Chart Industries
Cleveland Wire Cloth
Danfoss
GEA Group
Hamon & Cie
Hisaka Works
Kelvion
Mersen
Shell & Tube Heat Exchangers (STHE)
Sondex
SPX Flow
SWEP International
Tranter

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of industrial heat exchanger was worth over USD 18.2 billion in 2023 and is anticipated to register 6.5% CAGR between 2024 and 2032, due to the growing oil and gas industry.

The shell and tube segment in the industrial heat exchanger market is set to cross USD 13.4 billion by 2032, due to their versatility and reliability.

North America industrial heat exchanger market is expected to reach USD 8.5 billion by 2032, due to strict environmental regulations and standards.

Alfa Laval, API Heat Transfer, Chart Industries, Cleveland Wire Cloth, Danfoss, GEA Group, Hamon & Cie, Hisaka Works, Kelvion, Mersen, Shell & Tube Heat Exchangers (STHE), and Sondex, among others.