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Shell & Tube Heat Exchanger Market Share

Report ID: GMI9967
Published Date: Jun 2024
Report Format: PDF

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Shell & Tube Heat Exchanger Market Share

Major industry participants in the shell & tube heat exchanger are continuously engaging in new organic & inorganic ventures including introduction of innovative products, strategic partnerships, alliances, agreements, and undertaking mergers & acquisitions, among others, to gain their market competitiveness. Key players including Xylem, ALFA LAVAL, Kelvion Holding GmbH, FUNKE Wärmeaustauscher Apparatebau GmbH and Mersen Group., among other, holds majority of the market share across the industry.

Shell & Tube Heat Exchanger Market Companies

Some of the major key players operating across the shell & tube heat exchanger industry are -

A.A. Anderson & Co., Inc.
ALFA LAVAL
API Heat Transfer
Bronswerk
COMP AIR TREATMENT SYSTEM P. LTD.
Enerquip Thermal Solutions
Exergy LLC
FUNKE Wärmeaustauscher Apparatebau GmbH
HRS Process Systems Ltd.
Kelvion Holding GmbH
Kinam Engineering Industries Pvt. Ltd.
Koch Heat Transfer Company
Mason Manufacturing LLC
Mersen Group
Pentair
Thermaline, Inc
Thermofin
Thrush Co
Wessels Company
Xylem

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size shell & tube heat exchanger was reached USD 5.9 billion in 2023 and is anticipated to register 8.2% CAGR between 2024 and 2032, due to the stringent standards by respective authorities to curb carbon emissions and favorable regulatory initiatives.

The chemical application segment in the shell & tube heat exchanger market is anticipated to reach 3.4 billion by 2032, due to rising demand for chemical products, energy efficiency, sustainability, stringent regulations, and improved process control through digital technologies.

Asia Pacific shell & tube heat exchanger market is set to reach USD 4.5 billion by 2032, due to manufacturing expansion, chemical refining growth, and increased investments in energy-intensive infrastructure.

A.A. Anderson & Co., Inc., ALFA LAVAL, API Heat Transfer, Bronswerk, COMP AIR TREATMENT SYSTEM P. LTD., Enerquip Thermal Solutions, Exergy LLC, FUNKE Wärmeaustauscher Apparatebau GmbH, and HRS Process Systems Ltd., among others.