The newly Brazed Plate Heat Exchanger market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
A plate heat exchanger is a type of heat exchanger that uses metal plates to transfer heat between two fluids. The small plate heat exchanger has made a great impact on domestic heating and hot water. Larger commercial versions use gaskets between the plates, whereas smaller versions tend to be brazed.
On the basis of products, the various types include Single Circuit and Multi-Circuit. On the basis of application, the Brazed Plate Heat Exchanger market is segmented into HVAC Applications, Industrial Applications, and Other Applications.
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Market Insights
According to a new research study, the Brazed Plate Heat Exchanger market size is expected to reach USD 162 million by 2026 from USD 118 million in 2019, with a compound annual growth rate of 4.59% during the forecast period. The growth can be mainly attributed to growing use in chemical, Heating, Ventilation, and Air Conditioning (HVAC), and power generation industries. Moreover, global energy infrastructure expansion and growing demand in the nuclear power sector are also projected to propel the growth of the market. With the recovery of the global economy and the development of emerging powers, the Brazed Plate Heat Exchanger market is endowed with a promising future.
Regional Segment Analysis
Geographically, the Brazed Plate Heat Exchanger global market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific dominates the market at a share of 30.15%, followed by Europe and North America, accounting for 30.02% and 29.66%. The rapid industrialization and urbanization in developing economies, such as China and India, are expected to drive the growth of the market. Strict government regulations and the increasing use of plate heat exchangers in refineries and chemical industries are expected to fuel market growth in Europe. In addition, the development of renewable energy and nuclear energy sectors will also boost the growth of the market in this region.
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Competitive Players
The Brazed Plate Heat Exchanger market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are API Heat Transfer, Hydac, Kelvion, Sondex, and Danfoss. Other prominent vendors in the market are Kaori, Swep, Xylem, Alfa Laval, Mueller, Hisaka, Weil-Mclain, DHT, and others.
Target Audience for this Report
l Brazed Plate Heat Exchanger manufacturers
l Brazed Plate Heat Exchanger importers and exporters
l Brazed Plate Heat Exchanger traders, distributors, and suppliers
l Raw material suppliers of Brazed Plate Heat Exchanger
l Brazed Plate Heat Exchanger industry associations
l Product managers, Brazed Plate Heat Exchanger industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Brazed Plate Heat Exchanger Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Brazed Plate Heat Exchanger Market by Types
4 Segmentation of Brazed Plate Heat Exchanger Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Brazed Plate Heat Exchanger Market in Major Countries
7 North America Brazed Plate Heat Exchanger Landscape Analysis
8 Europe Brazed Plate Heat Exchanger Landscape Analysis
9 Asia Pacific Brazed Plate Heat Exchanger Landscape Analysis
10 Latin America, Middle East & Africa Brazed Plate Heat Exchanger Landscape Analysis
11 Major Players Profile
11.1 API Heat Transfer
11.1.1 API Heat Transfer Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Hydac
11.3 Kelvion
11.4 Sondex
11.5 Danfoss
11.6 Kaori
11.7 Swep
11.8 Xylem
11.9 Alfa Laval
11.10 Mueller
11.11 Hisaka
11.12 Weil-Mclain
11.13 DHT
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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