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Plate Heat Exchanger Market Share

Report ID: GMI8887
Published Date: Apr 2024
Report Format: PDF

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Plate Heat Exchanger Market Share

Major plate heat exchanger manufacturers are incorporating IoT sensors and data analytics for smart solutions along with pursuing mergers & acquisitions and strategic collaborations to diversify and gain a competitive edge. Innovation, R&D investments, and growth ventures drives efficiency and performance improvements, ensuring market leadership. ALFA LAVAL, SWEP International AB, Xylem, Kelvion Holding GmbH, Danfoss and SPX FLOW holds majority of the market share across plate heat exchanger industry.

Plate Heat Exchanger Market Companies

The key market players operating across the industry include:

ALFA LAVAL
Accessen Group Co., Ltd.
API Heat Transfer
BARRIQUAND Group
Beltecno
Danfoss
Dry Coolers
FUNKE Wärmeaustauscher Apparatebau GmbH
HFM
HISAKA WORKS LTD.
HRS Heat Exchangers
Kelvion Holding GmbH
Kinam Engineering Industries
SPX FLOW
SWEP International AB
TENEZ a.s
Thermofin
UNITED HEAT EXCHANGERS
Wessels Company
Xylem

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

Plate heat exchanger industry size recorded USD 4.4 billion in 2023 and is expected to register 8.3% CAGR from 2024 to 2032, owing to the rising investments in heavy-duty industrial operations, growing energy usage in building heating & cooling systems along with regulatory measures toward limiting the emissions.

The chemical application segment size will account for USD 2.5 billion by 2032 and is projected to depict substantial growth between 2024 and 2032, owing to the high demand for diverse chemical products, combined with the increasing focus on energy efficiency and sustainability.

Asia Pacific plate heat exchanger industry size is projected to be worth USD 3 billion by 2032 and is expected to expand at significant CAGR from 2024 to 2032, on account of the expansion of the petrochemicals, chemicals, energy, and manufacturing sectors and increasing investments in energy-intensive industries.

ALFA LAVAL, Accessen Group Co., Ltd., API Heat Transfer, BARRIQUAND Group, Beltecno, Danfoss, Dry Coolers, FUNKE Wärmeaustauscher Apparatebau GmbH, HFM, HISAKA WORKS LTD., HRS Heat Exchangers, Kelvion Holding GmbH, Kinam Engineering Industries, SPX FLOW, SWEP International AB, TENEZ a.s, Thermofin, UNITED HEAT EXCHANGERS, Wessels Company, Xylem are some of the major plate heat exchanger companies worldwide.